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Resolution 5836 - Budget - BIDReturn to: Kalispell City Clerk PO Box 1997 Kalispell, MT 59903 �� IIII II I II IIIII III IIII IIII IIIII IIIII II �� I I II III II II III III20172 Page000f02 54 Debbie Pierson, Flathead County MT by DD 8/23/2017 3290 PM RESOLUTION NO.5836 A RESOLUTION MAKING THE ANNUAL TAX LEVY FOR THE BUSINESS IMPROVEMENT DISTRICT (BID) OF KALISPELL, MONTANA, FOR THE FISCAL YEAR 2017-2018 AND LEVYING AN ASSESSMENT FOR THE BID FOR FISCAL 2017- 2018. WHEREAS, the assessment cost of the Business District for the fiscal year 2017-2018 is estimated to be $41,637, and the levy revenue will generate $73,991 for a total of $115,628. WHEREAS, at a public hearing held on the 17th day of January, 2017, the City Council did consider all objections made to said estimates and to the basis of levy and assessments for payment for said costs (included as part of the City of Kalispell budget). BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION 1. That there is hereby levied upon each and every dollar of the taxable valuation of the Business Improvement District of Kalispell, Montana, for the fiscal year 2017-2018, the following levy: BUSINESS IMPROVEMENT DISTRICT LEVY 37.5 MILLS 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 2017-2018, the following assessment: ASSESSMENT 015 SQ. FOOT SECTION 3. That the annual appropriation for the Business Improvement District of the City of Kalispell, Montana are hereby fixed as follows: BUSINESS IMPROVEMENT DISTRICT $111,072 SECTION 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. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL THIS 21 ST DAY OF AUGUST, 2017. Mark Johns Mayor ATTEST: