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RESOLUTION NO. 06-18502 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BILLINGS, MONTANA, APPROVING TAX BENEFITS FOR HOME TRAINING TOOLS, LTD. WHEREAS, Resolution 05-18376 provides for granting tax incentives for new or expanding industries pursuant to Section 15-24-1401, M.C.A. and establishes a procedure for applying for said tax incentives; and WHEREAS, Home Training Tools, Ltd. 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 Home Training Tools, Ltd. 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 Home Training Tools, Ltd, dated August 3, 2006 is APPROVED. The tax benefits approved are those provided in Resolution 05-18376. The property receiving the tax benefits is described as follows: Tax Code #A32159, Lot 2, Block 1 OCCS Subdivision PASSED AND APPROVED by the City Council this 10th day of October, 2006. CITY OF BILLINGS By: Ron Tussing, Mayor ATTEST: By: Marita Herold, CMC/AAE, City Clerk