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Resolution 4768 - Final Distribution of CAB Monies between Kalispell, Whitefish and Columbia FallsRESOLUTION NO.4768 A RESOLUTION TO JOIN IN THE AGREEMENT WITH THE COUNTY OF FLATHEAD, THE CITY OF WHITEFISH AND THE CITY OF COLUMBIA FALLS TO RESOLVE THE DISPUTE REGARDING THE FINAL DISTRIBUTION OF PROPERTY, CASH RESERVES, INTEREST AND LIABILITIES FOR THE COUNTYWIDE ADMINISTRATIVE BOARD AND DECLARING AN EFFECTIVE DATE. WHEREAS, the City of Kalispell, the City of Whitefish, the City of Columbia Falls and the County of Flathead were members of an Interlocal Agreement which established the Countywide Administrative Board [CAB]; and WHEREAS, the County of Flathead withdrew from CAB and there has been a dispute between the parties regarding the disposition of the property, funds and liabilities of CAB; and WHEREAS, the above named parties desire to resolve the dispute and provide for an equitable distribution of the balance of the Cash Reserve, less Compensated Absence Liability plus Interest and have reduced such agreement to writing. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. The agreement of the parties, attached hereto as Exhibit "A", to resolve the dispute over final distribution of property, cash reserve, interest and liabilities for the County Wide Administrative Board is in the best interest of the City of Kalispell and shall be executed by the City of Kalispell through the signature of the Mayor. SECTION II. It is in the best interest of the City of Kalispell and essential to the conclusion of this dispute by all parties that this agreement be executed forthwith. This resolution will therefore become effective immediately. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 6TH DAY OF JANUARY 2003. , 14.0� Lela B. Kennedy M. Duane Larson Mayff Council President ATTEST - Theresa White City Clerk