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Resolution 4533 - Notice of PH - Budget Amendment - Stream and United Way Loansi • r NOTICE OF PUBLIC HEARING RESOLUTION NO. 4533 A RESOLUTION CALLING FOR A PUBLIC HEARING TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF IALISPELL, MONTANA, AS SET FORTH IN THE 1999-2000 BUDGET ADOPTED BY THE CITY COUNCIL FOR THE PURPOSE OF APPROPRIATING LOANS FOR STREAM INTERNATIONAL, INC. AND UNITED WAY OF FLATHEAD COUNTY. WHEREAS, in the budget adopted by the City of Kalispell for the 2000 fiscal year, certain detailed and itemized estimates of expenditures .for the use of proceeds connected with the UDAG Loan Repayment for the 2000 fiscal year have proven inaccurate because of a commitment to assist both Stream International, Inc. and the United Way of Flathead County. WHEREAS, the overall expenditures of the said UDAG Loan Repayment are currently not in excess of the total of such estimates of expenditures adopted in the City's budget for the 2000 fiscal year, however, it does appear that the total of the budgeted appropriations in said classification will exceed such estimate for the balance of the 2000 fiscal year, and WHEREAS, program income within the UDAG Loan Repayment Fund classification will have cash not appropriated and said excess may be utilized, to that, the respective budget appropriations are not exceeded by expenditures, and WHEREAS, said program income is revenue accruing to the City not appropriated pursuant to Section 7-6-4271, and constitutes an overall increase in appropriation authority, and WHEREAS, the appropriate fund would be the UDAG Fund, Community Development Activity Account Number, 2886-480-470210-790, which is the appropriate expenditure line item. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. That on February 7, 2000 at 7:00 o'clock P.M., in the Council Chambers, City Hall, Kalispell, the City Council will hold a public hearing on appropriating funds from the UDAG Loan 1 2049 Repayment Fund in the amount of $1,000,000 for the purpose of loaning .Stream International, Inc. money in order to locate a Customer Service Center in the Gateway West Mall, and $133,500 for the purpose of loaning the United Way of Flathead County money to relocate their offices. SECTION II. That notice of the passage of this resolution shall be published pursuant to Section 7-1- 4127, MCA. PASSED AND APPROVED BY THE.CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, MONTANA, THIS 24th DAY OF JANUARY, 2000. Wm I . Baharski Wm. E. Boharski Mayor ATTEST: Theresa White City Clerk STATE OF MONTANA ) ss County of Flathead ) COMES NOW Theresa White, City Clerk for the City of Kalispell, Montana and states as follows: 1. That she is the City Clerk for the City of Kalispell, Montana. 2. That she caused to be published in the Daily Inter Lake, the above Resolution and Notice of Public Hearing, pursuant to Section 7-1-4128, MCA on January 25, 2000, and February 1, 2000. Dated this 24th day of January, 2000. T eresa White City Clerk r 1 .L