HomeMy WebLinkAboutResolution 3170 Hearing for tax reduction - Color World
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COMMISSION RESOLUTION NO. 3170
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, ESTABLISHING A PUBLIC HEARING TO HEAR PUBLIC COMMENT
ON THE APPLICATION OF COLOR WORLD OF MONTANA, INC., FOR TAX
REDUCTION UNDER SECTION 15-24-1401, ET SEa, MONTANA CODE
ANNOTATED AND CITY OF BOZEMAN COMMISSION RESOLUTION NO.
2660.
WHEREAS, at its meeting held on the 3rd day of March 1997, the City Commission
acknowledged receipt of an application from Color World of Montana, Inc., Bozeman, Montana,
for tax reduction 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, at its meeting held on the 17th day of March 1997, the City Commission
acknowledged receipt of an addendum to the application from Color World of Montana, Inc.,
Bozeman, Montana, to their initial request for tax reduction; 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, Color World of Montana, Inc., Bozeman, Montana, sets forth in its
application certain information regarding the improvements and modernized processes and for
which Color World of Montana, 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.
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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.
(' C2 L~~jL,~
DON E. STUECK, Mayor
ATTEST:
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ROBIN L. SULLIVAN
Clerk of the Commission
APPROVED AS TO FORM:
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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 Color World of Montana, 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 (TDD 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
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