HomeMy WebLinkAboutResolution 4765 Budget Amendment for Street Impact Fee Appropriations, Kagy Boulevard Interim Improvements E
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COMMISSION RESOLUTION NO. 4765
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, E
AMENDING THE CITY'S ANNUAL BUDGET FOR STREET IMPACT FEE
APPROPRIATIONS FOR THE FISCAL YEAR ENDING JUNE 30, 2017 TO INCLUDE KAGY
BOULEVARD INTERIM IMPROVEMENTS.
WHEREAS,the City Commission did,on the 20'h day of June,2016,after due and proper legal
notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2016-2017 (Fiscal Year
2017); and
WHEREAS, City Commission did, on the 3ra day of October, 2016, after due and proper legal
notice,conduct a public hearing and amend the municipal budget for Fiscal Year 2016-2017 (Fiscal Year
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2017) Street Impact Fee Appropriations; and
WHEREAS, the Kagy Boulevard Interim Improvements (SIF130) were presented to and
discussed as a Capital Improvement Project by the City's Impact Fee Advisory Committee on November
17,2016; and
WHEREAS, the Kagy Boulevard Interim Improvements (SIF130) were listed for funding in
Fiscal Year 2018 in the Street Impact Fee Capital Improvement Plan adopted by the City Commission on
December 5, 2016 ; and
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WHEREAS,the need to move the Kagy Boulevard Interim Improvements (SIF130) item from 1
Fiscal Year 2018 to Fiscal Year 2017 exists; and
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WHEREAS,the City Commission did, on the 23rd day of January, 2017, after due and proper
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legal notice, conduct a public hearing on proposed amending the municipal budget.
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Resolution 4765,Budget Amendment for Street Impact Fee Appropriations—Kagy Boidevard Interim bnprovements
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,
Montana,to wit:
Section 1 —Appropriation Changes
The City Commission of the City of Bozeman, Montana, does hereby authorize the following
changes to expenditures in the Street Impact Fee Fund:
Additions: This project and amount is added to the FYI budget.
SIF 130—Kagy Boulevard Interim Improvements $500,000
Total Appropriations Changes: $500,000
Section 2—Use of Cash on Hand in the Street Impact Fee Fund
The increased appropriation will be funded with cash on hand in the Street Impact Fee Fund.
Section 3
Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in frill force
and effect on July 1, 2016.
Section 4
That should it be found by any court of competent jurisdiction that any section, clause,portion,
sentence, word, or phrase of this resolution is deemed to be contrary to any existing law or regulations,
that in this instance, it is the intent of the City Commission of the City of Bozeman, Montana, that all
other portions, sections,words, clauses,phrases, or paragraphs of this document shall remain in full force
and effect.
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Resohition 4765,Budget Amendment for Street bnpact Fee Appropriations—Kagy Boulevard Interim Improvements
PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, at a
regular session thereof held on the 23rd day of January,2017.
CARSON TAYLOR
Mayor
ATTEST:
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ROBIN CROif01+ _ _- •
City Clerk o `�••�
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APPROVED AS TO FORM:
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SULLIVAN
City Attorney
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