HomeMy WebLinkAboutResolution 4823 Business Improvement District Assessment for Fiscal Year 2018 +co.�+►
COMMISSION RESOLUTION NO. 4823
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN
MONTANA LEVYING AND ASSESSING A SPECIAL ASSESSMENT FOR FISCAL
YEAR 2018 UPON ALL REAL PROPERTY IN THE BUSINESS IMPROVEMENT
DISTRICT LOCATED IN THE CITY OF BOZEMAN'S DOWNTOWN AREA TO
DEFRAY THE ESTIMATED COST AND EXPENSE TO BE INCURRED IN THE
BUSINESS IMPROVEMENT DISTRICT FOR THE FISCAL YEAR AS OUTLINED IN
THE DISTRICT'S WORK PLAN AND BUDGET.
WHEREAS, Commission Resolution No.'s 4256 and 4263 and Ordinance No. 1790
passed as aforesaid are hereby referred to and made a part of this resolution for further particulars
in respect to the boundaries of said district the purpose of the district and the duration of the
district, and
WHEREAS, Section 7-12-1132 (4) Montana Code Annotated provides that said special
assessments shall be made levied and collected in the same manner as are other special
assessments and levies of the City of Bozeman, and
WHEREAS, pursuant to Section 7-12-1132 (2) Montana Code Annotated the City
Commission did on the 12th day of June 2017 receive the work plan and budget submitted, and
WHEREAS,the work plan and budget provides for parcels to be assessed for that part of
the whole cost of the district which its taxable valuation bears to the total taxable valuation of the
property of the district pursuant to Section 7-12-1133 (2) c Montana Code Annotated, and
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Resolution 4823,Annual Assessment for the Business Improvement District(BID)for FY18
WHEREAS, to defray the costs of the business improvement district for the coming
assessment year,the Commission must now establish an assessment to be levied for said year.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, as follows:
Section 1
That to defray the estimated cost and expense of the business improvement district in the City's
downtown area for the fiscal year 2018 there is hereby levied and assessed against the taxable
valuation of the several lots pieces and parcels of land benefited by the district within the City of
Bozeman as set forth in Schedule A, attached hereto and by this reference made a part hereof
which describes each lot or parcel of land with the name of the owner and or owners, if known,
and the amount assessed against the same that the several sums set opposite the names of said
owners;and the described lots and parcels of land are hereby levied and assessed upon and against
said lots and parcels of land for said purpose that the several sums be collected from the respective
owners of said lots and parcels of land described in said assessment list and owned by them;that
the said sums shall be paid and the collection thereof be made in the manner and in accordance
with Ordinance No. 1790 of the City of Bozeman Montana and the laws of the State of Montana
governing the collection of a business improvement district assessments; that failure to pay such
assessment when the same shall become due and payable shall make such persons and such lots
and parcels of land liable to the penalties provided by law relative to delinquent taxes and
assessments; and that the November assessments shall become delinquent at 5:01 p m on
November 30, 2016 and the May assessments shall become delinquent at 5:01 pm on May 31,
2018.
Section 2
That each lot or parcel of land including the improvements thereon,may be assessed for that part
of the whole cost of the district which its taxable valuation bears to the total taxable valuation of
the property in the district. The assessment rate in said business improvement district shall be
$126,000.00 which is 0.029970 per taxable valuation.
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Resolution 4823,Annual Assessment for the Business Improvement District(BID)for FY18
Section 3
That this assessment be levied for the fiscal year 2018 (July 1, 2017 through June 30, 2018) and
be billed in October 2017 as are all other special assessments.
Section 4
That the assessments as collected shall be placed in the business improvement district fund and
shall be used to defray the costs thereof as provided by law.
PASSED,ADOPTED,AND APPROVED by the Commission of the City of Bozeman Montana
at a regular session thereof held on the 18th day of September, 2017.
CARSON TAYLOR
Mayor
ATTEST: OF B 02
ROBIN CROUG
City Cleric 7 •� - $�'
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��I�'•Co. �'z°� ' APPROVED AS TO FORM:
KAREN STAM AUGH
Assistant City Attorney
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