Loading...
HomeMy WebLinkAboutResolution 2389 Establishing Policy re creation of Special Improvement Districts . ", ~ IIiII Jo.. '_ ....~.. .- COMMISSION RESOLUTION NO. 2389 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, ESTABLISHING A POLICY REGARDING THE CREATION OF SPECIAL IMPROVEMENT DISTRICTS. WHEREAS, Special Improvement Districts are created by the City of Bozeman upon petition by individuals, firms and corpora- tions seeking to develop real property within the City of Bozeman; and . ... "'0.-4- WHEREAS, these individuals, firms and corporatlons are requesting the creation of new Special Improvement Districts occasionally have unsold lots or parcels of real property located within existing Special Improvement Districts, the payments for which have become delinquent and for which payments these indivi- duals are responsible; and WHEREAS, delinquencies in the payment of Special Improve- ment District assessments are creating financial problems for the City of Bozeman especially by reducing a Special Improvement District revolving fund; NON, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA: Section I That it is hereby declared to be in the best interests of the City of Bozeman that any person, firm, partnership, organiza- tion or corporation requesting the creation of a Special Improve- ment District shall, as a condition of approval of said Special Improvement District, have paid and brought current all existing Special Improvement District assessments for which said person, firm, corporation or partnership is responsible on all properties owned by said person, firm, corporation or partnership or in which said person, firm corporation or partnership has an interest therein. Section 2 That this policy shall not apply to existing residential neighborhoods or commercial districts applying for Special Improve- ~ .... . ment Districts, such as lighting and sprinkling districts. PASSED AND ADOPTED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA at its regular session held on the 20th day of January, 1982. ATTEST: (;~ cl J;~~ Clerk of the City Commission .. . -2- l'