HomeMy WebLinkAboutResolution 5080 Budget Amendment for the Tourism Business Improvement District (TBID) for FY20 DWI
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RESOLUTION 5080
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, AMENDING FISCAL YEAR 2020 (FY20) TOURISM BUSINESS
IMPROVEMENT DISTRICT FUND BUDGET TO INCLUDE ADDITIONAL
EXPENDITURES OF$1,198,596.
WHEREAS, the City Commission did, on the 24th day of June 2019, after due and
proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2019-
2020 (Fiscal Year 2020); and
WHEREAS,the City Commission did,on the 9th day of September 2019, after due and
proper legal notice, conduct a public hearing on a proposed amendment to the municipal budget
to appropriate funds to the Tourism Business Improvement District("TBID")Fund; and
WHEREAS,at the public hearing on the 9th of September 2019,the City Commission's
decision on the budged amendment was tabled; and
WHEREAS,the City Commission did, on the 21st of October 2019, resume the public
hearing and approved the proposed amendment to the municipal budget.
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
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Resolution 5080,Budget Amendment for Tourism BID Fund for FY20
following changes to expenditures in the TBID Fund:
Additions: This amount is added to the FY20 budget.
Operations $1,198,596
Total Appropriations Changes: $1,198,596
Section 2—Use of Cash on Hand in the Tourism BID Fund
The increased appropriation of$1,198,596 will be funded with cash on hand in the TBID
Fund.
Section 3
Pursuant to Section 7-6-4030, M.C.A.,this resolution, upon its passage, shall be in full
force and effect on July 1,2019.
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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Resolution 5080,Budget Amendment for Tourism BID Fund for FY20
PASSED, ADOPTED, AND APPROVED by the City Commission of the City of
Bozeman,Montana, at a regular session thereof held on the 21 st day of October,2019.
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ATTEST: �17 �•'• ���,��•.'�?
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BRENDA SWEENEY y c�•. 883--.'
Deputy City Clerk =,yLL9• • . . . •'0 "'
,r TrN Co• •APP OV,AD AS TO FORM:
G LIVAN
City Attorney
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