HomeMy WebLinkAbout09-25-17 City Commission Packet Materials - A1. Ordinance 1979 Provisional Adoption, Mandeville TIF Sunset and NPURD Creation - SUPPLEMENTAL MATERIALS BOZ E MAN MT
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ORDINANCE NO.1979
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AN ORDINANCE OF THE CITY COAVIIISSION OF THE CITY OF BOZEIIIN,
MONTANA TERMINATING THE MANDENILLE FARMS TAX INCRE\IENT rJ�
FINANCING INDUSTRIAL DISTRICT CREATED BY ORDINANCE NO. 1683, ' .y
ESTABLISHING THE NORTH PARK URBAN RENEWAL AREA,CREATING THE '•!
NORTH PARK URBAN RENEWAL DISTRICT AND ADOPTING THE NORTH PARK 1
URBAN RENEWAL DISTRICT PLAN WITH A TAX INCREMENT FINANCING
PROVZSION PURSUANT TO SALE 7,CHAPTER 15,PARTS 42 AND 43 OF THE
MONTANA CODE ANNOTATED, AND AMENDING SECTION 2.06.1330, B\IC,
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REGARDING URBAN RENEWAL, SAS INCREAIENI, AND ECONOMIC
DEVFLOP\SENT DISTRICTS AND SECTION 1.05,13301 BAiC,REGARDING LT.BAN '
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RENEWAL, TAX INCREAffaNi, :LND ECONOMIC DEVELOPMENT DISTRICT �� :�`s`r'..b,�t�' E ti14ri+N �^�-yr. a�YFap.,�E,,,l�,?°} �.� r•�t'd rl �•�{
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U IIEREA ityS,the City of Boz==(the•C ")is authorized by the City Chatter and
Moutnui low toexetciseurbanrenenalpon:rs£armkcclopmentandrehabilitaaonthroughurban III �-i I t rI i
resseseo]plans and protects to psoeide for the sound growth of the city 0r its ensiroas,proside I I II
economic and 50+:ial stability,and proanote public health,safery and eFart and eth—isc mcare
the ptssposes ofTitk i.Chapter ls.Pan S?and 43 a£thc Dfmuana Code_1.nnotated(MCA);and
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WHERE AS.the Cityis authorized by the City Charter and I+�Jrntnnn lasr M ecercisc arbatr �. tF w;^'si {sf 4 ' i 'lta; f .`c
reae""al gm0en a£rer the rnlmit4mlity Gas made a 'reading that a b9ew$ted erta costs drnr --
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and development of public infrastructure as tools for
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Rationale: Value-adding commerce strengthens the NORTH PARK
community, opens r amvestment opportunities, URBAN RENEWAL DISTRICT
supports livable wage jobs, and provides for
economic needs of the citizens, helping to eliminate PLAN
conditions that contribute to blight.
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E�ationale: Infrastructure is the backbone of the. Lt..
corn muni"Ly, Private development typically requires a
corresponding public invesu- giant fn infrastructure.
Capitai improvements in the district wifi help achieve
economic vitality and address conditions that
contribute to blight,
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Rationale: 'Hgher density achieves greater
Efficiency in the delivery of public services. Live.
wcrk opportunities can reduce or eliminate con omute
tirTl-"s, lower transportation costs and create vitafity
and a sense of community. Design elements such as THE MOST LIVABLE PLACE.
opan space and pedestrian faciRies promote
re•_ uitment of value-adding businesses interested in
quality of life for their employees.
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