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PASSED AND APPROVED by the City Council this 28 th day of March, 2005. st• ti CITY OF BILLINGS By: Charles F. Tooley, Mayor ATTEST: By RESOLUTION NO. 05-18250 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BILLINGS, MONTANA, APPROVING TAX BENEFITS FOR THE BUILDING LOCATED AT 1106 SOUTH 29TH STREET WEST, OWNED BY MYRIAD PROPERTIES, LLC WHEREAS, Resolution 89-16126 provides for granting tax incentives for remodeling, reconstructing or expanding existing commercial buildings pursuant to Section 15-24-1501, M.C.A. and establishes a procedure for applying for said tax incentives; and WHEREAS, Myriad Properties, LLC on behalf of its tenant Northland Automotive has applied for said tax incentives for the property described herein; and WHEREAS, The City Council of the City of Billings, Montana held a public hearing and duly considered the application of Myriad Properties LLC and has determined that said application meets all qualifications for the tax incentive and should be approved NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BILLINGS, MONTANA AS FOLLOWS: That the application for tax benefits made by Myriad Properties LLC on behalf of its tenant Northland Automotive, dated September 8, 2004 is APPROVED. The tax benefits approved are those provided in Resolution 89-16126. The property receiving the tax benefits is described as follows: Tax Code #C10467, Lot 3A, Block 1, Parkco Industrial Subdivision arita Herold, CMC/AAE, City Clerk