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HomeMy WebLinkAbout06-24-26 Public Comment - R. Muldowney - Letter to City CommissionersFrom:City of Bozeman, MT To:Bozeman Public Comment Subject:[EXTERNAL]*NEW SUBMISSION* Public Comment Form - City Clerk Date:Wednesday, June 24, 2026 2:47:22 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Public Comment Form - City Clerk Submission #:4908042 IP Address:23.234.72.117 Submission Date:06/24/2026 2:47 Survey Time:6 minutes, 54 seconds You have a new online form submission. Note: all answers displaying "*****" are marked as sensitive and must be viewed after your login. Read-Only Content Full Name Robert Muldowney Email bobmuldowney@gmail.com Phone (406) 595-4865 Comments Mike / Alex please see attached letter to City Commissioners as well as my comments from last night, thx bob m If you would like to submit additional documents (.pdf, .doc, .docx, .xls, .xlsx, .gif, .jpg, .png, .rtf, .txt) along with your comment, you may alternately address comments@bozemanmt.gov directly to ensure receipt of all information. Commission_Remarks_June24_v5 FINAL.pdf Thank you, City Of Bozeman This is an automated message generated by Granicus. Please do not reply directly to this email. Commission Remarks — Downtown URD — June 2026 Page 1 Commission Remarks — Downtown Urban Renewal District City of Bozeman City Commission | June 24, 2026 | Estimated delivery: 3:00 ▶ Opening — credit the 1995 Commission; state the cap timeline Robert Muldowney, Baxter Meadows Good evening, Mayor Morrison, Deputy Mayor Fischer and Commissioners Bode, Madgic, Sweeney. I want to credit the Commission that sat in 1995 for building a deliberate safeguard into Ordinance 1409: once annual tax increment — net of bond debt service — exceeded an inflation-adjusted $750k, the excess was to be returned to the taxing bodies, including the General Fund. The 15-year time trigger activating that mechanism arrived in FY2012. However, the district’s net annual increment did not actually exceed the target cap until FY2021. Since then the excess has grown each year so that in FY2025 the four-year cumulative total is about $2.4m. ▶ The process question — interlocal vs. ordinance In 2011, the City entered an interlocal agreement with Gallatin County and the School District. The County and School District do receive their proportional shares of Remaining Funds above debt service — that is appropriate and documented. But Section 2 of that agreement has the City pledge its own proportional share permanently back into the TIF fund — denying the General Fund the return that Ordinance 1409 required. ▶ Statutory authority — MCA §7-15-4221(2) MCA §7-15-4221(2) states that an urban renewal plan may be modified by ordinance — not by interlocal agreement, not by contract. An ordinance requires public notice, a public hearing, and a formal legislative vote. I have not been able to locate such an ordinance in the public record. My understanding is a contract between governments can implement an ordinance but it cannot override one. ▶ The result — three questions The result is a fund balance of $9.7 million — 4.6 times the outstanding bond. Under MCA §7-15- 4292, this URD terminates upon provision for payment of that bond. I would ask this Commission to formally examine that option and fund needed fire and police, as these funds are the mill levy tax dollars that were diverted from the General Fund. Commission Remarks — Downtown URD — June 2026 Page 2 If not dissolution, then Ordinance 1409 is clear: the inflation-adjusted overages above the cap belong in the General Fund. As previously noted, under MCA §7-15-4221(2), only an ordinance can change that. An interlocal agreement cannot. Therefore before $8 million is committed to a parking arrangement described in a single sentence with no named partner and no project detail — MCA §7-15-4288 requires TIF expenditures to be for specifically enumerated eligible costs. MCA §7-15-4202(3), amended by the Legislature just last year in 2025, states that TIF laws must be used to encourage the development or redevelopment of blighted areas. Downtown Bozeman can no longer be considered blighted. Ordinance 1409 itself requires that specific actions be proposed in detail for community review. ▶ Closing observation Bozeman now operates six TIF districts — five urban renewal districts and one technology district. In each, growth in property values above the frozen base year is captured by the TIF fund rather than any monies flowing to the General Fund. None of that appreciated property value contributes to police, to fire, or to the services ALL residents depend on. Unfairly that burden falls to those outside the TIF boundaries. Residents deserve to understand that arrangement clearly before any new mill levy request is placed before them. Thank you. Delivery Notes Sources — Section 1: Ordinance 1409 Finance section; uploaded DURD_General_Fund_Obligation_Revised.docx (14- year ACFR table, FY2012–FY2025, fund balance chain verified). Sources — Section 2: 2011 Interlocal Agreement, Section 2 (City pledge-back); Laserfiche ID 44679; May 2, 2011 Commission meeting (consent agenda). Sources — Section 3: MCA §7-15-4221(2) — confirmed in project files. Sources — Section 4: MCA §7-15-4292 (termination); MCA §7-15-4288 (eligible costs); MCA §7-15-4202(3) (blight mandate, amended Ch. 55, L. 2025); FY2027 Work Plan — parking: one sentence, no partner named; Ordinance 1409 — 'specific actions in detail for community review.' Sources — Section 5: FY2025 ACFR — TIF bonds outstanding: Downtown $2,112,000; Northeast $1,095,557; Midtown $5,575,000. Six districts confirmed: Montana DOR 2024 Master TIF List. Precision note: Six districts capture TIF increment (growth above frozen base). The frozen base value does continue to generate general fund revenue for all taxing bodies — only the incremental growth is diverted. This distinction is not raised at the podium but should be understood by the speaker. Follow-up letter: Full text: MCA §7-15-4221(2); §7-15-4292; §7-15-4288; §7-15-4202(3). Ordinance 1409 Finance section. 14-year ACFR table. Series 2020 bond terms.