HomeMy WebLinkAboutResolution 3171 Hearing for tax reduction - Midwest Industries
...----.--.---.,-- "'--'-""'0
-- ~-
COMMISSION RESOLUTION NO. 3171
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA,
ESTABLISHING A PUBLIC
HEARING TO HEAR PUBLIC
COMMENT ON THE
APPLlCA TION OF WESTLAKE BUilDING PARTNERSHIP FOR TAX REDUCTION FOR
MIDWEST INDUSTRIES, INC.. 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 Westlake Building Partnership for tax reduction for 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, Westlake Building Partnership, 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 5th day of May 1997.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular
session thereof held on the 7th day of April 1997.
C ~ {/!~--~
ATTEST:
DON E. STUECK, Mayor
(?~ J 4~
ROBIN L. SULLIVAN
Clerk of the Commission
--
,-
_._~ -- ------- -.. ---.--- ----.. ..~,.
---..---- -..---~-'.."'- ---
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the
City Commission of the City of Bozeman, Montana, on the
. 5th day of May 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 Westlake Building
Partnership for tax reduction for Midwest Industries, Inc., 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, April 11, 1997
Sunday, April 27, 1997