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FY2017-31 Adopting An Alternative Allocation Method For The FY17 Shared Fisheries Business Tax Program And Certifying1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 Introduced by: Finance Director Drafted by: Finance Director Introduced on: 03/09/2017 Adopted on: 03/09/2017 KODIAK ISLAND BOROUGH RESOLUTION NO. FY2017-31 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH ADOPTING AN ALTERNATIVE ALLOCATION METHOD FOR THE FY17 SHARED FISHERIES BUSINESS TAX PROGRAM AND CERTIFYING THAT THIS ALLOCATION METHOD FAIRLY REPRESENTS THE DISTRIBUTION OF SIGNIFICANT EFFECTS OF FISHERIES BUSINESS ACTIVITY IN FMA 13: KODIAK ISLAND WHEREAS, AS 29.60.450 requires that for a municipality to participate in the FY17 Shared Fisheries Business Tax Program, the municipality must demonstrate to the Department of Commerce, Community and Economic Development that the municipality suffered significant effects during calendar year 2015 from fisheries business activities; and WHEREAS, 3 AAC 134.060 provides for the allocation of available program funding to eligible municipalities located within fisheries management areas specified by the Department of Commerce, Community and Economic Development; and WHEREAS, the Kodiak Island Borough proposes to use an alternative allocation method for allocation of FY17 funding available within the FMA 13: KODIAK ISLAND in agreement with all other municipalities in this area participating in the FY17 Shared Fisheries Business Tax Program. NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH that by this resolution certifies that the following alternative allocation method fairly represents the distribution of significant effects during 2015 of fisheries business activity in FMA 13: KODIAK ISLAND: All municipalities share equally 50% of allocation; all municipalities share remaining 50% on a per capita basis. Kodiak Island Borough, Alaska Resolution No. FY2017-31 Page 1 of 2 37 RD 39 40 41 42 43 44 45 46 47 48 49 50 The Kodiak Island Borough population is reduced by the population of the Cities of Akhiok, Kodiak, Larsen Bay, Old Harbor, Ouzinkie & Port Lions ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS NINTH DAY OF MARCH, 2017. KODIAK ISLAND BOROUGH ATTEST: Daniel A. Rohrer, Mayor Nova M. Javier, MMC, Jerk APPROVED UNDER CONSENT AGENDA Kodiak Island Borough, Alaska Resolution No. FY2017-31 Page 2 of 2