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HomeMy WebLinkAboutRESOLUTION 1998-62Suggested by: Finance City of Kenai RF~OLUTION NO. 98-62 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ADOPTING AN ALTERNATIVE ALLOCATION METHOD FOR THE FY99 SHARED FISHERIES BUSINESS TAX PROGRAM AND CERTIFYING THAT THIS ALLOCATION METHOD FAIRLY REPRESENTS THE DISTRIBUTION OF SIGNIFICANT EFFECTS OF FISHERIES BUSINESS ACTIVITY IN THE COOK INLET FISHERIES MANAGEMENT AREA. WHEREAS, AS 29.60.450 requires that for a municipality to participate in the FY99 Shared Fisheries Business Tax Program, the municipality must demonstrate to the Department of Community and Regional Affairs that the municipality suffered significant effects during calendar year 1997 from fisheries business activities; and WHEREAS, 19 AAC 34.060 provides for the allocation of available program funding to eligible municipalities located within fisheries management areas specified by the Department of Community and Regional Affairs; and WHEREAS, 19 AAC 34.070 provides for the use, at the discretion of the Department of Community and Regional Affairs, of alternative allocation methods which may be used within fisheries management areas if all eligible municipalities within the area agree to use the method, and the method incorporates some measure of the relative significant effect of fisheries business activity on the respective municipalities in the area; and WHEREAS, the City of Kenai proposes to use an alternative allocation method for allocation of FY99 funding available within the Cook Inlet Fisheries Management Area in agreement with all other municipalities in this area participating in the FY99 Shared Fisheries Business Tax Program; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, by this resolution certifies that the following alternative allocation method fairly represents the distribution of significant effects during 1997 of fisheries business activity in the Cook Inlet Fisheries Management Area. Alternative Allocation Method: The program total allocation shall be divided in two parts. One part shall be allocated to the eligible municipalities equally and the other part according to population. Resolution 98~62 Page Two PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 16t~ day of September, 1998. ATTEST: Carol L. Fre~Is, City Clerk Approved by Finance: (9/2/98) jc