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HomeMy WebLinkAboutRESOLUTION 1996-74Suggested by= Finance city of Kenai RESOLUTION NO. 96-74 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING AN ALTERNATIVE ALLOCATION METHO9 FOR THE FY97 SHARED FISHERIES BUSINESS TAX PROGRAM AN9 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 FY97 Shared Fisheries Business Tax Program, the municipality must demonstrate to the Department of Co~unity and Regional Affairs that the municipality suffered significant effects during calendar year 1995 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 FY97 funding available within the Cook Inlet Fisheries Management Area in agreement with all other municipalities in this area participating in the FY97 Shared Fisheries Business Tax Program; NOW, THEREFORE, BE IT RESOLVED THAT 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 1995 of fisheries business activity in the Cook Inlet Fisheries Management Area. ./ MUNICIPAL & REGIONAL ASSISTANCE DIvI$10N'~ o ~.0. BOX 11~I00 ' ?jMIEAU, AL4SlC4 99~11.~100 PHCWE: FAYu (907) 465-~48 FAX: Dear Municipal Official: The Slmred Ftsbfrifs B#sMfss Tax Pro~rdm was created, by ~e .. bo~dafi~ wi~ m~dp~fl~ ~t Aave ~ eff~ea Dy ~S ma~ ~vm~ This is the fourth year for this pro,ram. Munic!p. alities aro.und, the state will share approximately $1,218~870 based on ~5 fisheries activity as reported' by fish processors'on their fish tax returns. area is approximately S14~846. - -'- ....'--- --' municivalUies in ~ ama, uroBram zesulations pzovme mr a mnl$..mrm Dy me ~umu~ uA ut~u ~ .r . application. In your area the threshol~value~ .$?., ..(~ (8 .m..dnid~alities x complete the FY'9? Shared Fisheries Business ,Tm Appucauon as soon as DEADLINE for subndmions of applkaltons is ~~be~. The long-form application proVides, for a "standard" and an "alternative, method of hindus. allocation. Please note that proposals for alternative methods m~.t..be received by .file . department by November 1, 1~6..If you have any questions about the prosram, or re .qu~e_ assistance in completi~ the application, please call me at 4654733 or Michael Cushing at 465- 4751. Si~, c~rely~.~ ~,~ s.l Pro.am Administrator