14. Resolution 5306 - Budget Resolution - BIDulty of Kalispell
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Post Office Box 1997 - Kalispell, Montana 59903-1997 - Telephone (406)758--7700 Fax (406)758--7758
REPORT TO:
Mayor Kennedy and City Council Members
FROM:
Amy Robertson, Finance Director
Jaynes H. Patrick, City Manager
SUBJECT:
2009 Business Improvement District budget
MEETING DATE:
August 18, 2008
BACKGROUND:
The annual appropriations for the Business Improvement District
budget are presented for Council consideration. The budget
requested is $ 100,000. The BID will not levy a mill or assess a
square footage assessment this year due to the legal challenge. This
budget gives the District the ability to spend funds once the legal
questions are resolved. Additionally, the district has received waivers
from property owners in the district to allow spending to the extent
of the assessments received in the past from the properties who have
signed the waivers. This is money on hand carried over from the prior
year.
RECOMMENDATION: Adoption of Resolution.
FISCAL EFFECTS: $1001000
Array H. Robertson
Finance Director
Report compiled: August 14, 2007
3.
Jaynes H. Patrick
City Manager
RESOLUTION NO.5306
A RESOLUTION SETTING THE ANNUAL APPROPRIATION FOR THE BID (BUSINESS
IMPROVEMENT DISTRICT) OF THE CITY OF KALISPELL, MONTANA, AS SET
FORTH IN THE 200E-2009 BUDGET ADOPTED BY THE CITY COUNCIL.
SECTION I. That the annual appropriations for the Business Improvement District of the City of
Kalispell, Montana are hereby fixed as follows:
BUSINESS IMPROVEMENT DISTRICT $ 100,000
SECTION II. 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
between items appropriated within the fund.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE
CITY OF KALISPELL, THIS 18TH DAY OF AUGUST, 2008.
Pamela B. Kennedy
Mayor
ATTEST:
Theresa White
City Clerk