CITY OF HOMER
Finance

HOMER, ALASKA
City Clerk



RESOLUTION 98-99



A RESOLUTION OF THE HOMER CITY COUNCIL ADOPTING AN ALTERNATIVE ALLOCATION METHOD FOR THE FY 00 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 FY00 Alaska Shared Fisheries Business Tax Program, the municipality must demonstrate to the Department of Community and Economic Development that the municipality suffered significant effects during calendar year 1998 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 Economic Development; and



WHEREAS, 19 AAC 34.070 provides for the use, at the discretion of the Department of Community and Economic Development, 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 Homer City Council proposes to use an alternative allocation method for allocation of FY 00 funding available within the Cook Inlet Fisheries Management Area in agreement with all other municipalities in this area participating in the FY 00 Shared.



NOW, THEREFORE, BE IT RESOLVED that the City Council of Homer, Alaska by this resolution certifies that the following alternative allocation method fairly represents the distribution of significant effects during 1998 of fisheries business activity in the Cook Inlet Fisher Management Area:



50% divided equally and 50% divided on a per capita basis.



PASSED and ADOPTED by the City Council of Homer, Alaska this 25th day of October, 1999.



CITY OF HOMER







ATTEST: ________________________

JACK CUSHING, MAYOR

_____________________________________

MARY L. CALHOUN, CMC/AAE, CITY CLERK





Fiscal Note: NA