HomeMy WebLinkAboutResolution 3178 Approving application of Midwest Industries for tax reduction
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COMMISSION RESOLUTION NO. 3178
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA,
EST ABlISHING A
PUBLIC HEARING TO HEAR
PUBLIC COMMENT ON THE
APPLICATION OF MIDWEST INDUSTRIES, INC., FOR TAX REDUCTION UNDER
SECTION 15-24-1401, ET SEQ, MONTANA CODE ANNOTATED AND CITY OF
BOZEMAN COMMISSION RESOLUTION NO. 2660.
WHEREAS, at its meeting held on the 17th day of March
1997, the City Commission
acknowledged receipt of an application from Midwest Industries, Inc" Bozeman, Montana, based upon
improvements to their business pursuant to Section 15-24-1401, et seq, M.C.A., and City of Bozeman
Commission Resolution No. 2660; and
WHEREAS, Section 15-24-1401, et seq. M.C.A" authorizes local government to grant
tax
reduction for qualifying improvements or modernized processes that represent new or expanding industries
whereby said qualifying improvements or modernized processes may be taxed at 50 percent of their
taxable value in each of the first five (5) years after the construction permit is issued, and that in each
year thereafter, the percentage of taxation shall be increased by equal percentages until the full taxable
value is attained in the tenth (10th) year and that in subsequent years, the property shall be taxed at 100
percent of its taxable value; and
WHEREAS, the Bozeman City Commission enacted Commission Resolution No. 2660 to
implement the tax reduction specified in Section 15-24-1401, et seq, M.C.A., to qualifying new or
expanding industry; and
WHEREAS, Midwest Industries. Inc" Bozeman, Montana, sets forth in its application
certain
information regarding the improvements and modernized processes and for which Midwest Industries,
Inc., requests said tax reduction; and
WHEREAS, Section 15-24-1402(2), M.C.A., requires the governing body to give notice
of a
public hearing to hear comment, as set forth in Section 76-15-103, M.C.A.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana,
that the Clerk of the Commission be directed to give notice to the public pursuant to the legal
requirements of Section 15-24-1402 and Section 76-15-103, M.C.A., of a public hearing to be held upon
said application on the 7th day of July 1997.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a
regular
session thereof held on the 2nd day of June 1997.
(~007-1 ~A~
ATTEST:
DON E. STUECK, Mayor
__ _.. u_. -
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the City Commission of the City of Bozeman, Montana,
on the
7th day of July 1997 at the hour of 7:00 p.m., in the Commission Room of the Municipal Building, 411
East Main Street, Bozeman, Montana, will hear public comment on the application of Midwest Industries,
Inc., for tax reduction, pursuant to Section 15-24-1402, Montana Code Annotated, and City of Bozeman
Commission Resolution No. 2660, whereby qualifying improvements or modernized processes which
represent new or expanding industry may be taxed at 50 percent of their taxable value in each of the first
five (5) years after the issuance of the construction permit and that in each year thereafter, the
percentage of their taxable value shall be increased by an equal percentage of their taxable value until the
full taxable value is attained in the tenth (10th) year and thereafter taxed at 100 percent of its taxable
value.
For additional information, please contact Robin Sullivan, Clerk of the Commission,
at 411 East
Main Street, Bozeman, Montana, or telephone 582-2320 (TOO 582-2301) during regular business hours.
ROBIN L. SULLIVAN
Clerk of the City Commission
Legal Ad
Publish: Friday, June 13, 1997
Sunday, June 29, 1997
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-New or Expandinq Manufacturinq Industrv Property Improvements or Modernized Processes
(Title
15 - Chapter 24 - Part 14 MCA)
TO: COUNTY
Assessor
GALLATIN
county
NAME OF APPLICANT: MIDWEST
INDUSTRIES INC.
Mailing Address:
2320 NORTH. SEVENTH AVENUE
.....- .
BOZEMAN, MT
59715
,
.'
Legal description of affected property:
MINOR SUBDIVISION #49 GORDON MANDEVILLE
STATE SCHOOL SUB LOTS 15A & 15B
Date construction permit issued:
EXPECTED IN MAY 1997
(If no pennit is required, specify the date when cerhftcate 10 lieu of building pernut was issued.)
This application covers the (expansion/new)
construction of the
plant.
A public hearing on the matter of "New and Expanding"
industry resolution for
plant was held at the
county Courthouse at .
ta.m. /p.m. )on the
__ day of
, 19
.
-
.
, '.
Due notice as defined in 76-15-103 was given. True' and
exact' copies of said notices are attached
to this application.
Yes
No
-
-
The statutory $50,000 investment requirement for expansion or modernization has been met.
Yes No
-
-
The statutory $125,000 investment requirements for new improvements or modernized process have
been met.
Yes
No
-
-
An application for
"new industry" classification
under 15-6-135, MCA, has
been made to the
. Department of Revenue for these facilities.
Yes
No
-
-
The qualifying property consists of the following:
SEE ATTACHED:
(Attach site plat, construction prints, and detailed equipment list identify10g the qualifying property.)
Complete this section only if the application is for a firm that:
1) engages in transportation,
warehousing;' :or"",distiibution of.'commerical products if
50% or more of the gross receipts are earned from outside the state; OR
2) earns 50% or more of
its annual gross income from out-of-state sales.
Type of Business:
Total Gross Sales or Receipts:
$
Total Gross Income:
$
Sales and Receipts from Outside of Montana:
$
Income Earned From Sales Outside of Montana:
$
(Attach Income statements)
This application is made under the provisions of 15-24-1402, MCA,
and by resolution ~dopted by
the
of
County, on
the __ day of , 19
(Taxing Jurisdiction)
-
A copy of same is attached.
(Owner/Agent)
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
We, the undersigned,
of
(approve/disapprove) this application
Title
Taxing Jurisdiction
for
. We find that it (does/does
not) conform to the criteria as set forth
in the resolution adopted by thia
on the ___ day of
, 19 .
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Name
Title'
. Title
-
lIame
,
Title
Name
Assessor (Original): Clerk & Recorder (Pink): Tax Jurisdiction (Canary): Applicant (Gold)
bh64h.l
Revised 1-2-91
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February 27, 1937
To Whom It May Concern: -
In conj\nction with our shop/store addition we anticipate purchasing
approxin..itely $157,000.00 in additional metal working machinery, overhead &
jib crat:s 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.
CCW/pmv
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PHONE:406-587-5417 . FAX: 406-587-5821 . 2320N.7THAVE.. BOZEMAN, MONTANA 59715-2539
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