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Resolution 4976 - Resolution of Intent to Bond Airport ProjectsRESOLUTION NO.4976 A RESOLUTION OF INTENT TO BOND CERTAIN PROJECTS WITHIN THE KALISPELL CITY AIRPORT REDEVELOPMENT PLAN, A QUALIFIED MONTANA URBAN RENEWAL PLAN, AND TO CALL A PUBLIC HEARING ON THE PROPOSED SALE OF BONDS. WHEREAS, the Kalispell City Airport Urban Renewal District and Redevelopment Plan has been duly approved and adopted by the Kalispell City Council and which plan has been regularly updated; and WHEREAS, the City has the statutory authority to bond projects within such a qualified Montana Urban Renewal Plan; and WHEREAS, any proposed sale of bonds requires adequate public notice and opportunity to be heard. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. It is the intention of the Kalispell City Council to bond for certain qualified planned improvements to the Kalispell City Airport Urban Renewal District, in an amount of $1,700,000 to include: 1. Purchase of land and improvements currently owned by Red Eagle Aviation 2. Northwest Ramp and Taxiways 3. Northwest Utilities 4, Internal Vehicle Access Road (16' Wide) 5, Automatic Vehicle Security Gate SECTION H. A public hearing is hereby called and shall be held on February 22, 2005 at 7:00 p.m. in the Council Chambers on a proposed sale of bonds. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 7TH DAY OF FEBRUARY, 2005 Pamela B. Kenn y -- Mayor ATTEST: Theresa White City Clerk