Resolution 3046 - Public Hearing - Long Term Care FacilityCouncil Member, Everit A. Sliter, introduced the following resol.uLion
and moved its adoption:
RESOLUTION NO. 304.6
RESOLUTION CALLING FOR A PUBLIC: HEARING
ON A PROPOSED PROJECT UNDER 'TITLE 17,
CHAPTER 41, REVISED CODES OF MONTANA
1947, AS AMENDED
BE.IT RESOLVED by the City Council of
the City ref Kalispell , Montana, as follows:
1. RecitnI s. This City is authorized by Title 11, Chapter 41,
Revised Codes of Montana 1947, as amended (hereinafter, the Act), to acquire,
whether by construction, purchase, devise, gift or lease, or any one or more of
such methods; any land, any building or other improvement, and all real and
personal properties deemed necessary. in connection therewith, whether or not now
in existence, which shall be suitable for use for commercial, manufacturing or
industrial enterprises, recreation or tourist,facilities, and hospitals, long-
term care facilities or medical facilities. To defray the cost of acquiring and
improving any such projecL,,the City is authorized -by the Act to issue
its revenue bonds and sell such bonds at public or private sale in such manner and
at such time as may be determined by this body to be most advantageous. Such
bonds are to be secured by a pledge of the revenues to be derived by the
from the project, and may be secured by a mortgage and by a pledge of the lease
and by such other security devices as may be deemed advantageous. A proposal has
been presented to this Counr.i.l that the C9_ , acting pursuant
to and in accordance with the Act, acquire properties for a project suita'.n for
use for a �long-term care facility
defraying the cost of acquisition thereof,
by the issuance of revenue ponds of the City _ in an amount presently
estimated to be approximately $ 1,L00,000.00 Under the provisions of the
Act, any bonds so issued by the City shall be limiLerl obl.i.g,ti.on
of the City ; and the bonds and interest coupons shall not conntiLme
nor give rise to a pecuniary liability of the ___ Ci.ty or a charge against
its general credit or taxing powers.
2, Public Hearin�R. Chapter No. 304 of the Montana Session Laws of
1974, effective on July 1, 1974, requires that prior to the issuance of any bonds
under the authority of the Act, this Council _ shall give notice and hold a
public hearing on the proposed project. Pursuant to such authority, a public
hearing on the proposed project is called and shall be held ony��4,
1976, at Cap „T o'clock p.M. at the Council. Chambers & City Ball ,
in Kalispell , Montana.
3. form of Notice. The notice of the public hearing shall, be in
substantially the following form:
_1_
NOTICE OF 1'(MLI.0 111"AII I N :
ON A 1'RC/i'OsJiU !'1:O,IEC'I uJ,m,i: '1'l'1'ix il.,
CHAPTER 41, 1tI:V)SED CODES OI' MONTAllll 1947,
AS AN]"NDED
MONTANA
NOTICJ IS 111"RE' PY GIVEN that the _ City Council
of the City of Kalispell , Montana, hill meet on MaL 3 ,
197G, at -_ Q o'clock P -.'- at the --C11111,.i1 M21 Ci, HJ,-L_�
its _ Kalispell , Montana, for the purpose of holding a public
hCaring'on a proposed project under Title 11, Chapter 41, Revised Code,- of
Montana 1947, as amended. The: proposed project will consist of the acsluisi_tion
and construction of certain properties to be used as a long-term care
facility , at a cost presently estimated i.o
be approximately $ l,lCO,f3UD.00 , funds for this purpose will be
provided by the issuance of revenue bonds under said Chapter. 41 and Secure(] by
a mortgage on the project and such other sec,12 may be deemed ad v3 a le;
and the project will be leased to Immanuel uthera:� Elaine anon -fro �t cnr� xation
at net rentals at least sufficient to p�a�y/he grin ipal of, and i-terest os
the bonds when due. /
All persons interested may <ppear and be heaJatid time 41 d place.
Dated: ni 197b
Publish April 11, 18, 25, 197 OORDER OP TH� Council
Montana
r 11
—of
Pub! icjil.le,n_of Not
41
slral.}. e itu c: LIEe not ce to be irtrbf e ; Cc1 in a�icti ;,ir,i! ar of E,encrai ci r cui:eLioa� in
Ctrs at Ices It .0 it wee for Uirce core ecutive hocks prior
to t%r �rLe et 11,01 the hcttill; tic ly:a such puL}icaLion being aL l-east seven
d ys be c—rTl/dd:r6c (�tk�luz .-igr, excluding Lhc day of i)ub1ieaLioil
x ttest.
-- eox ands eF
The �rtot� fo —tie a l
by ffemnl�cr . D e W. Williams
--�x
E. xaPP, 1"tYor
option of the foregoing resolution was duly seconded
, and upon vote being taken thereon, the
following voted in favor thereof: Councilmen Williams, Schwartz, .Allen, O'Boyle,
Sliter, Granmo and Olson
and the following voted against the same; no one
whereupon the resolution was declared duly passed and adopted,
-3-
Gene Hufford, D, A. Davidson, Inc., requested cooperation of the City of Kalispell to
sell bonds for building a 55 bed addition to the present Immanual Lutheran Nursing
Rome. The amount of the bond issue will be $1,2009000.00: The project comes under
the Industrial Development Revenue Bonds program whereby the existing property plus
the addition would be vested in the name of the City of Kalispell with no financial
obligation on the part of the city. The money, bond proceedings, etc. will be ha..ndlez
by a trustee bank. ids. Hufford requested YAyor Rapp and councilmen to pass a res-
olution. setting a time and place for a public hearing on the issue. City will be re-
imbursed for costs of the bond issue.
RESOLUTION NO. 304'6
Councilman Sliter moved adoption of Resolution #304,16 a resolution calling for a
public hearing on a proposed project under Title 11, Chapter 41, Revised Codes of
Plants na.1947, as amended, said project being the bond sale of $1,200,000.00,for
construction of an addition to the Immanual Lutheran Nursing Home. Seconded by Counci-
man Williams. Roll call vote. All voted aye. Resolution adopted.
City Attorney Donahue to complete resolution and see that the public hearing is ad-
vei^tised in Daily Teter lake.
Councilman Olson asked Mr. Hufford why an audit on our two present sewer bond oblig
ations was necessary when the State of Montana had just completed their state audit.
Xr. Hufford replied that bond sales are now regulated by the Security and Exchange
Commission and they have their requirements. That some past bond issues have become
defunct in certain cities and that they are takan"o e tra precautions. Tb-L. possibly
we could avoid time delay and expense of an,,.aiidit ` Mayor Eapp would `sign statemen
certifying that she knows that our sewer.l•ond iss s are proper an °/In good sound
financial order. Xr. Hufford added thst while e- bond sale is n� his, b is being
handled by Mr. Easley, he will put,,I� rth every�,�ff'ort to expedit# the sal
Iundersigned
g City Clerk/%f the- C - y of alis�l certify
, the undersi ned s a true of the._7197
ut�o
g
that the fore oin i n duly passed
by the City Council of th-6-•'ity of KalispMontana at a
regular meeting held April 6
spe