HomeMy WebLinkAboutResolution 3175 Approving application of Lattice Materials
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COMMISSION RESOLUTION NO. 3175
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, APPROVING THE
APPLICATION OF LATTICE MA TERIALS
CORPORATION FOR TAX REDUCTION UNDER SECTION 15-24-1401, ET SED..
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 7th day of April 1997, the City Commission did adopt Commission
Resolution No. 3169, setting the public hearing on the application of Lattice Materials Corporation
for tax reduction under Section 15-24-1401, etseq., M.C.A.; and
WHEREAS, on the 5th day of May 1997, following due notice, the City Commission did
conduct the public hearing as set forth in Commission Resolution No. 3169; 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 Lattice Materials Corporation 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 $170,354.04. 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 2nd day of June 1997.
(0~ t/7~
DON E. STUECK, Mayor
ATTEST:
!2Lci~~
ROBIN L. SULLIVAN
Clerk of the Commission
APPROVED AS TO FORM:
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It/ . /?r~
PAUL J..I
City At orney
EXHIBIT "A"
LATTICE MATERIALS CORPORATION
SCHEDULE A
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..-..------ AMOUNT---1
PRODUCTION ADDITIONS
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-..------..-
1.) 22" STC SAW
Provides for additional saw capacity
$28,000.00
2.) FORKLIFT
Provides internal capacity for inventory movement
$16,750.00
3.) 2 AC DRIVES FOR POLISH
Provides additional capacity for polish
$4,816.73
4.) G150 CURVE GENERATOR
Provides additional curve generating capacity
$25,569.12
6.) KALAMAZOO ABRASIVE WET SAW
Provides for additional saw capacity
$10,614.50
5.) AIR COMPRESSOR
Upgraded the old system. Provides additional capacity.
$10,213.39
7.) PLANET 550 JIG GRINDER TO CNC
$1,200.00
Provides for tighter tolerance milling.
.----.....-
$QL 163.74
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EXHIBIT "A"
LATTICE MATERIALS CORPORATION
SCHEDULE B
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ADMINISTRATIVE
ADDITIONS AMOUNT
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1) COST ACCOUNTING/PRODUCTION SOFTWARE
HARDWARE
a. VI ST A-software package
$23,889.60
b. additional hardware-VISTA
$16,441.15
c. Touch screen monitors-for production
flow $4,950.00
d. Relisys 4830T w/ photo shop-for
VISTA production $1,054.00
e. Windows 95 (7)
$726.00 $47,060.75
(Provides for cost accounting
capabilities to improve
profitability. Also improves
tracking of product.)
2) OTHER COMPUTER HARDWARE NEEDS
a. GA P5PC & Monitor
$3,624.00
b. GA P5PC & Monitor
$2,714.00 $6,338.00
3) NETWORK UPGRADES
$11,812.30
4) AIR COOLED CABINET-NETWORK
$2,363.00
(decreases computer maintenance
and downtime)
5) FAX- INCREASE CAPABILITIES
a. Fax machine
$2,645.00
b. Fax server upgrade
$2,~71.25 $5,616.25
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$7~J 90.30.
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