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HomeMy WebLinkAboutResolution 3190 Approving application for tax reduction - Midwest Industries - COMMISSION RESOLUTION NO. 3190 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, APPROVING THE APPLICATION OF MIDWEST INDUSTRIES, INC., FOR TAX REDUCTION UNDER SECTION 15-24-1401, ET SEa., MONTANA CODE ANNOTATED, AND CITY OF BOZEMAN COMMISSION RESOLUTION NO. 2660. WHEREAS. on the 29th day of June 1987, following due and proper public hearing, the City Commission did adopt Commission Resolution No. 2660, defining, approving and adopting the tax incentive program as set forth in Section 14-24-1402. M.C.A., for qualifying improvements and modernized processes of new industry or expanding industry within the jurisdictional limits of the City of Bozeman, Montana; and WHEREAS. on the 2nd day of June 1997, the City Commission did adopt Commission - Resolution No. 3178, setting the public hearing on the application of Midwest Industries, Inc., for tax reduction under Section 15-24-1401, etseq., M.C.A.; and WHEREAS, on the 7th day of July 1997, following due notice, the City Commission did conduct the public hearing as set forth in Commission Resolution No. 3178; and WHEREAS, no public comment was received prior to or during the public hearing; and WHEREAS, it appears the applicant's taxes have been paid in full. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, that the application of Midwest Industries, Inc., for tax reduction under Section 15-24-1401, et seq., Montana Code Annotated, and Commission Resolution No. 2660, is hereby approved for those qualifying improvements or modernized processes totalling $157,000.00, as described on Exhibit "A", attached hereto and incorporated by this reference as though fully set forth herein. PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 7th day of July 1997. ( O~ L ./5~ DON E. STUECK, Mayor ATTEST: ~Jdf~ ROBIN L. SULLIVAN Clerk of the Commission APPROVED AS TO FORM: .. 'f/;d1 if) > ({/fJ AAlJj' I PAUL J. LUWE City AttQUley -.----- --.----...-- EXHIBIT "A" February 27, 1997 To Whom [t May Concern: - In conj\.nction with our shop/store addition we anticipate purchasing approxima.tely $157,000.00 in additional metal working machinery, overhead & jib crane systems and office equipment. These purchases would be made over a period of approximately two years. The tax incentives offered would be of great value and, if granted, very much appreciated. " Thank you for your consideration. ,.,.:" ':"" ','.,' . J'~ ' , ' i: ':' "" '''' ;t;;:;;;J' d',,' " ":',' .."-'~"h (~",.,;smtief .... '---'~.\~~~~I""'-''''~-~~'>'' .,__ "'..._....~~~o.;..._ .~_ CCW/pmv - PHONE: 406-587-5417 . FAX: 406-587-5821 . 2320 N. 7TH AVE. . BOZEMAN, MONTANA 59715-2539