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1995-40 Shared Fisheries Business Tax Program and Certifying That This Allocation MethodKODIAK ISLAND BOROUGH RESOLUTION NO. 95 -40 Introduced by: Mayor Selby Requested by: Mayor Selby Drafted by: Mayor Selby Introduced: 10/05/95 Adopted: 10/05/95 A RESOLUTION ADOPTING AN ALTERNATIVE ALLOCATION METHOD FOR THE FISCAL YEAR 1996 SHARED FISHERIES BUSINESS TAX PROGRAM AND CERTIFYING THAT THIS ALLOCATION METHOD FAIRLY REPRESENTS THE DISTRIBUTION OF SIGNIFICANT EFFECTS OF FISHERIES BUSINESS ACTIVITY IN THE KODIAK ISLAND BOROUGH WHEREAS, Alaska Statute 29.60.450 requires that for a municipality to participate in the fiscal year 1996 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 1994 from fisheries business activities; and WHEREAS, the Department of Community and Regional Affairs has prepared specific application forms for the purpose of presenting the municipality's claims as to the significant effects suffered by the municipality during calendar year 1994; and WHEREAS, 19 ACC 34.100 requires the governing body of the municipality to include with the municipality's fiscal year 1996 program application an approved resolution certifying the information contained in the application to be true and correct; 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 Kodiak Island Borough proposes to use an alternative allocation method for allocation of fiscal year 1996 funding available within the Kodiak Island Borough in agreement with all other municipalities in this area participating in the fiscal year 1996 Shared Fisheries Business Tax Program; Kodiak Island Borough, Alaska Resolution No. 95 -40 Page 1 of 2 NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: Section 1: The Kodiak Island Borough, by this resolution, certifies that the following alternative allocation method fairly represents the distribution of significant effects during 1994 of fisheries business activity in the Kodiak Island Borough: ATTEST: Alternative Allocation Method: Funds will be distributed to all eligible municipalities by taking fifty (50) percent of the total available funds and distributing them on a per capita basis. The remaining fifty (50) percent will be distributed evenly between all of the eligible municipalities. ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS FIFTH DAY OF OCTOBER, 1995 KODIAK ISLAND BOROUGH 1 Donna F. Smith CMC, Borough Clerk • k, Jer e M. Selby, Borou Mary A. M r oe, Presiding Officer Kodiak Island Borough, Alaska Resolution No. 95 -40 Page 2 of 2