Resolution 4884 - Accepting CDBG First-Time Homeowners GrantRESOLUTION NO.4884
A RESOLUTION AMENDING THE ANNUAL APPROPRIATIONS OF THE CITY OF
KALISPELL, MONTANA, AS SET FORTH IN THE 2003-2004 BUDGET ADOPTED BY
THE CITY COUNCIL FOR THE PURPOSE OF ACCEPTANCE OF A FIRST-TIME
HOMEOWNER'S GRANT.
WHEREAS, on August 4, 2003, the City Council adopted Resolution 4813 adopting the annual
appropriations of the City of Kalispell for fiscal year 2003-2004; and
WHEREAS, on February 10, 2004, the City of Kalispell received a CDBG grant in the amount
of $324,500 for assistance to first-time homebuyers; and
WHEREAS, said funds available to the City were not appropriated pursuant to Section 7-6-
4271, and an increase of appropriation authority is needed.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION L That the City of Kalispell hereby appropriates the sum of $324,500 and
directs the Finance Director to allocate said amount to the following
program activities:
EXPENDITURE CODE
2940-480-470242-790
ADMINISTRATION
COSTS
$24, 500
ACTIVITY COSTS
$ 300,000
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL, THIS 3RD DAY OF MAY, 2004.
r
r
Pamela B. Kennedy i
Mayor
ATTEST:
%.
Theresa White
City Clerk