Loading...
Resolution 2484 - Authorize Increase in Expenditures for Capital Improvement Projects0, RESOLUTION NO. 2484 RESOLUTION PROVIDING FOR INCREASE IN PLANNED TOTAL EXPENDITURES FOR CAPITAL IMPROVEMENT PROJECTS. WHEREAS, under the terms of Public Law 87-658, approved September 14. 1962, the United States of America has authori2ed the making of grants to aid In financing construction of specific public works projects, provided the proposed or planned total expenditures of the public body for its capital improvement projects Is Increased by an amount approximately equal to the non -Federal funds required to complete such public works projects; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA: 1. That as of the date of filing of an application by the City of Kalispell (hereafter called Applicant) with the Housing and Home Finance Agency, United States Government, for a grant to aid In financing the construction of a nine hole addition to golf course, the Applicant had a capital improvements plan or capital improvement budget for the fiscal year during which construction of the proposed project Is expected to occur; and that the total expenditure for capital improvements in said plan or budget was $ for the fiscal year ending June 30, 1963, and � _ for the fiscal year ending June 30, 1964. 2. That the City of Kalispell has filed a record with the Housing and Home Finance Agency of the United States Government for Its application for federal funds to be used in the construction of the water main to Northridge Addition, which project has been given first priority by the Applicant; said first priority project will necessitate a capital improve- ment increase during the fiscal year ending June 30, 1962 In the amount of $12,600000,exclusive of Federal funds. 3. That, in the event that said Federal grant for the nine hole addition to the golf course is approved by the United States of America, said capital.improvements plan or capital budget will be (is hereby) increased by $ —for the fiscal year ending June 30, 1963, and $ —for the fiscal year ending June 30s 1964s for a total increase of $ —in the proposed or planned total expenditure for capital,improvement projects exclusive of Federal funds. 4. That said Increase in the proposed or planned total expenditure for capital improvement projects is approximately equal to the non -Federal funds required to complete the public works project for which the applica- tion is to be submitted. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA, THIS 7th day of January, 1963. ATTEST: H. J. Hunt City Clerk T. R. Flynn Mayor I, the undersigned, City Clerk of the City of Kalispell hereby certify that the foregoing Is a true and correct copy of the resolution duly passed by the City Council of the City of Kalispell, Montana, at a regular meeting on January 7, 1963. City Clerk of the y of Kalispell, Montana