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HomeMy WebLinkAboutResolution 4104 Westphal Tax AbatementCOMMISSION RESOLUTION N0.4104 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ABATING ONE HUNDRED PERCENT OF THE INCREASE IN TAXES FOR A PERIOD OF FIVE YEARS TO PAMELA WESTPHAL FOR THE PROPERTY AT S19 SOUTH TRACY AVENUE, EFFECTIVE 2008 FOR A DURATION OF FIVE CONSECUTIVE YEARS AS AUTHORIZED BY 515-24-1601 MONTANA ANNOTATED ET SEQ. FOR HISTORIC RESIDENTIAL AND COMMERICAL PROPERTIES UNDERGOING REHABILITATION, RESTORATION, EXPANSION OR NEW CONSTRUCTION MEETING THE CRITERIA ESTABLISHED BY S15-24-1605 AND/OR 15-26-1606, AS WELL AS CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, RESOLUTION N0.2766. WHEREAS, the City Commission determines that it is in the public's interest to encourage the preservation, restoration, rehabilitation and reconstruction of certified historic, commercial and residential properties or new construction that meets design review criteria compatible with an historic district by conferring said tax benefits on improvements from those preservations, restorations, rehabilitations and reconstructions involving certified historic properties and districts; and WHEREAS, on December 31, 2007 the City of Bozeman received a request for tax abatement for historic preservation from Pamela Westphal for the rehabilitation, restoration and expansion of her residence at 519 South Tracy Avenue, Bozeman, Gallatin County, Montana; and WHEREAS, the Montana Historical and Architectural Inventory indicates the property at 519 South Tracy Avenue contributes to the Bon Ton Historic District on the National Register of Historic Places; and WHEREAS, the restoration and expansion of the property received a Certificate of Apprapriateness from the City of Bozeman's Department of Planning and Community Development on July 5, 2006; and WHEREAS, on January 31, 2008 the Bozeman Historic Fresen~ation Advisory Board reviewed the application for tax abatement far historic preservation under 15-24-1601 Montana Code Annotated and City Commission of the City of Bozeman Resolution No. 2766, as well as the Secretary of the lnterior's Standards for Historic Preservation and requirements for federal tax credits for historic preservation, and found the nature of the preservation, restoration, rehabilitation and reconstruction and expansion to be in keeping with all ten of the Secretary of the Interior's Standards for Historic Preservation, and voted to advise the City Commission approve the tax abatement requested; and WHEREAS, on February 11, 200$ the City Commission of the City of Bozeman, Montana, reviewed the tax abatement application and similarly the nature of the preservation, restoration, rehabilitation and reconstruction and expansion to be in keeping with all ten of the Secretary of the Interior's Standards for Historic Preservation, and so voted the property had undergone significant reinvestment, and the City Commission voted 5-0 to abate one hundred percent of the increase in taxes for the property at 519 South Tracy Avenue, as authorized by 15-24-1601 Montana Code Annotated and City Commission of the City of Bozeman Resolution No. 2766, effective 2008 for a period of five years. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana does hereby approve the tax benefits set forth. in said statutes far those improvements made through preservation, restoration, rehabilitation and reconstruction of the property at 519 South Tracy Avenue, a property which contributes to the Son Tan Historic District, on the National Register of Historic Places, effective 2008 for a period of five years. PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 19th day of May 2008. KAAREN JACOBS Mayor ATTEST: ST CY L EN City Clerk 2 APPROVED AS TO FORM: