HomeMy WebLinkAboutResolution 4942 Modifying the Fee for Cash-in-lieu of the Off-Street Parking Requirement so2��
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RESOLUTION NO. 4942
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA,MODIFYING THE FEE FOR THE CASH-IN-LIEU PAYMENT OPTION TO
THE OFF-STREET PARKING REQUIREMENT UNDER SECTION 38.540.050 OF THE
BOZEMAN MUNICIPAL CODE BY INCREASING THE FEE FROM $5000 TO $25000
PER PARKING SPACE AND REVISING PAYMENT PROVISIONS.
WHEREAS, Section 38.540.050 of the Bozeman Unified Development Code
recognizes an ongoing need for additional off-street parking facilities arising from new
development in the B-3 Zoning District; and
WHEREAS, Section 38.540.050 of the Bozeman Unified Development Code allows
payment of Cash-in-lieu to satisfy certain parking requirements; and
WHEREAS, City Commission Resolution No. 3283 set the fee for Cash-in-lieu of
parking requirements at$5,000.00 for each off-street parking stall,and provided for payment terms
that allowed Cash-in-lieu to be paid over a period of years; and,
WHEREAS,after conducting research and considering the matter at their June 14,2018,
meeting, the Bozeman Parking Commission adopted Resolution 2018-04 recommending that the
Bozeman City Commission increase the Cash-in-lieu of parking fee to $25,000.00.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, that:
Section 1
Until further action by the City Commission, the required amount of Cash-in-lieu to be
paid for each off-street parking stall required by the City of Bozeman parking requirements shall
be $25,000.00.
Section 2
The total amount owed for Cash-in-lieu of parking requirements shall be paid, in cash,
prior to issuance of a building permit, business license, or zoning approval as required for the
proposed use. As of the date of approval of this resolution, the City of Bozeman will no longer
accept the installment payment of fees for Cash-in-lieu of parking requirements over a period of
time.
Section 3
The Cash-in-lieu rate set herein is effective immediately. The Cash-in-lieu rate may be
revised at the discretion of the City Commission.
PASSED, ADOPTED, AND APPROVED by the City Commission of the City of
Bozeman, Montana, at a regular session thereof held on the 171h day of December, 2018.
YN A S
Mayor
ATTEST:
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ROBIN CROUGH
City Clerk '' ,�_= •
�' a3 .•�;� APPR VED AS TO FORM:
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ULLIVAN
City Attorney