HomeMy WebLinkAbout04-15-19 City Commission Packet Materials - A1. Res 5030, Continued Public Hearing for Cottonwood and Ida Project
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: David Fine, Urban Renewal Program Manager
SUBJECT: Continue the Public Hearing on Resolution 5030 – A Resolution
Approving a Project in the Northeast Urban Renewal District as an
Urban Renewal Project, Making Findings with Respect Thereto and Approving the Use of Tax Increment Revenues or Tax Increment Revenue Bonds to Pay, Reimburse or Finance Eligible
Costs Thereof; Approving a Related Development Agreement; and
Making a Reimbursement Declaration; Known as Cottonwood and
Ida, from April 15, 2019 to April 22, 2019 MEETING DATE: April 15, 2019
AGENDA ITEM TYPE: Action
RECOMMENDATION: Staff recommends that the Commission continue the public
hearing to April 22, 2019.
RECOMMENDED MOTION: I hereby continue the public hearing on Resolution 5030, from April 15, 2019 to April 22, 2019. BACKGROUND:
The City Commission granted preliminary approval to the Cottonwood and Ida Planned
Unit Development (PUD) for a mixed residential and commercial project located within
the Northeast Bozeman Urban Renewal District (NEURD). The Applicant, Bangtail Partners, LLC, is applying to designate the Cottonwood and Ida project as an Urban
Renewal Project to receive financial assistance with public infrastructure and impact fees
associated with the project.
Public notice of the hearing was given. Subsequently the public hearing date was
changed to April 22, 2019. To maintain notice requirements staff respectfully requests this item be continued to April 22, 2019. The Applicant requested a delay on this item as the parties negotiate final changes on the
associated development agreement.
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UNRESOLVED ISSUES: None.
ALTERNATIVES: The City Commission has the following alternative actions
available:
1. Set an alternate date for the public hearing.
FISCAL EFFECTS: None identified at this time.
LINKS: 18516 City Commission Staff Report for the Cottonwood and Ida (PUD) Preliminary
Plan Report compiled on April 5, 2019
Attachments: None
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