HomeMy WebLinkAboutResolutions 5514 - BID Assessments FY24Version April 2020
RESOLUTION 5514
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, LEVYING AND ASSESSING A SPECIAL ASSESSMENT FOR FISCAL
YEAR 2024 UPON ALL REAL PROPERTY IN THE BUSINESS IMPROVEMENT
DISTRICT LOCATED IN THE CITY OF BOZEMAN’S DOWNTOWN AREA TO
DEFRAY THE ESTIMATED COST AND EXPENSE TO BE INCURRED IN THE
BUSINESS IMPROVEMENT DISTRICT FOR THE FISCAL YEAR AS OUTLINED IN
THE DISTRICT’S WORK PLAN AND BUDGET.
WHEREAS, WHEREAS, Commission Resolution No.’s 4256, 4263 and 5140 and
Ordinance No. 1790 passed as aforesaid are hereby referred to and made a part of this resolution
for further particulars in respect to the boundaries of said district the purpose of the district and the
duration of the district, and
WHEREAS, Section 7-12-1132 (4) Montana Code Annotated provides that said special
assessments shall be made levied and collected in the same manner as are other special assessments
and levies of the City of Bozeman, and
WHEREAS, pursuant to Section 7-12-1132 (2) Montana Code Annotated the City
Commission did on the 16th day of May 2023 receive the work plan and budget submitted, and
WHEREAS, the work plan and budget provides for parcels to be assessed for that part of
the whole cost of the district which its taxable valuation bears to the total taxable valuation of the
property of the district pursuant to Section 7-12-1133 (2) c Montana Code Annotated, and
DocuSign Envelope ID: 19961B5A-92C5-42E4-99E8-30E52ED30805
Version April 2020
WHEREAS, to defray the costs of the business improvement district for the coming
assessment year, the Commission must now establish an assessment to be levied for said year.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, to wit:
Section 1
That to defray the estimated cost and expense of the business improvement district in the
City’s downtown area for the fiscal year 2024 there is hereby levied and assessed against the
taxable valuation of the several lots pieces and parcels of land benefited by the district within the
City of Bozeman as set forth in Schedule A, attached hereto and by this reference made a part
hereof which describes each lot or parcel of land with the name of the owner and or owners, if
known, and the amount assessed against the same that the several sums set opposite the names of
said owners; and the described lots and parcels of land are hereby levied and assessed upon and
against said lots and parcels of land for said purpose that the several sums be collected from the
respective owners of said lots and parcels of land described in said assessment list and owned by
them; that the said sums shall be paid and the collection thereof be made in the manner and in
accordance with Ordinance No. 1790 of the City of Bozeman Montana and the laws of the State
of Montana governing the collection of a business improvement district assessments; that failure
to pay such assessment when the same shall become due and payable shall make such persons and
such lots and parcels of land liable to the penalties provided by law relative to delinquent taxes
and assessments; and that the November assessments shall become delinquent at 5:01 p m on
November 30, 2023 and the May assessments shall become delinquent at 5:01 pm on May 31,
2024.
Section 2
That each lot or parcel of land including the improvements thereon, may be assessed for
that part of the whole cost of the district which its taxable valuation bears to the total taxable
valuation of the property in the district. The assessment rate in said business improvement district
shall be $230,000.00 which is 0.016574 per taxable valuation.
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Section 3
That this assessment be levied for the fiscal year 2024 (July 1, 2023 through June 30, 2024)
and be billed in October 2023 as are other City special assessments.
Section 4
That the assessments as collected shall be placed in the business improvement district fund
and shall be used to defray the costs thereof as provided by law.
PASSED, ADOPTED, AND APPROVED by the City Commission of the City of
Bozeman, Montana, at a regular session thereof held on the 26th day of September, 2023.
___________________________________
CYNTHIA L. ANDRUS
Mayor
ATTEST:
___________________________________
MIKE MAAS
City Clerk
APPROVED AS TO FORM:
___________________________________
GREG SULLIVAN
City Attorney
DocuSign Envelope ID: 19961B5A-92C5-42E4-99E8-30E52ED30805
Deputy City Clerk
Alex Newby
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