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Resolution 5688 - Budget - Business Improvement DistrictReturn to: City Clerk City of Kalispell P.O. Box 1997 Kalispell MT 59903-1997 RESOLUTION IMPROVEMENT FOR • YEAR 1 FOR FISCAL 2015* WHEREAS, the assessment cost of the Business Improvement District for the fiscal year 2014- 2015 is estimated to be $23,000, and the levy revenue will generate $63,000 for a total of $86,000. WHEREAS, at a public hearing held on the 21st day of July, 2014, the City Council did conside all objections made to said estimates and to the basis of levy and assessments fo payment for said costs (included as part of the City of Kalispell budget). I SECTION - - is hereby-!' upon each ! every dollar of valuationof the Business Improvementof . 1-Montana, for fiscal year 2014-2015, the following SECTION 2. That there is hereby levied upon each and every dollar of the taxable valuation within the Business Improvement District of the City of Kalispell, Montana, for the fiscal year 2014-2015, the following assessment: SECTION. That the annual appropriation for the Business Improvement District of the City of Kalispell, Montana are hereby fixed as follows: S I ECTION 4. The Business Improvement District Board of Directors is hereby authorized to transfer any part of an unencumbered balance of an appropriation to a purpose or object for which the appropriation for the current year is insufficient or to transfer betweens items appropriated within the fund. F �ASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL THIS 18TH DAY OF AUGUST. 2014. Mark JohAn) Mayor Theresa White amsm