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RESOLUTION NO. 08-1 8774 A RESOLUTION OF THE CITY COLN{CIL OF THE CITY OF BILLINGS, MONTANA. APPROVING TAX BENEFITS FOR GE CAPITAL CORPORATION 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, GE Capital Corporation 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 GE Capital Corporation 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 GE Capital Corporation dated August 14, 2008 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 #A29208, Lot 6, Block 1 Gabel Subdivision, 2nd Filing PASSED AND APPROVED by the City Council this 8th day of December, 2008. CITY OF BILLINGS ATTEST: By: 0nu,,Yko*i,o\ Cari Martin. Citv Clerk