HomeMy WebLinkAboutResolution 3106 Set public hearing for Color World application for tax reduction
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COMMISSION RESOLUTION NO. 3106
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 FOR TAX REDUCTION UNDER
SECTION 15-24-1401, ET SED, MONTANA CODE ANNOTATED AND CITY OF
BOZEMAN COMMISSION RESOLUTION NO. 2660.
WHEREAS, at its meeting held on the 20th day of February 1996, the City Commission
acknowledged receipt of an application from Color World of Montana, 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, 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, Bozeman, Montana, sets forth in its applicati00 certain
information regarding the improvements and modernized processes and for which Color World of Montana
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 1 st day of April 1996.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular
session thereof held on the 4th day of March 1996.
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ATTEST:
DON E. STUECK,
Mayor
GlL ;(~
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
1 st day of April 1996 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 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, March 8, 1996
Sunday, March 24, 1996
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