HomeMy WebLinkAbout08-18-09 Downtown Tax Increment Finance Board Minutes
Downtown Tax Increment Finance
Board Meeting Minutes
8/1809
Due to a lack of action items requiring the decision of the board, the August meeting of
the Downtown Tax Increment Finance District has been cancelled.
This cancellation was unanimously approved by the BID Board.
The next meeting will be held on Tuesday, September 15, 2009.
Executive Director’s Report
Tax Increment Finance District Board
August 18, 2009
Downtown Disaster Update
Recent “activity” includes:
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The Downtown Relief Fund will be making its final disbursement on August 21, 2009. 546
donations were made to the Fund for approximately $191,634. Just over 90 individual recipients
received 385 payments. A final accounting report will be completed in September.
Downtown Improvement Plan
The LMN consulting team has delivered their final draft of the Downtown Improvement Plan. This draft
will go twice before both the Planning Board and the City Commission. Both reviews will involve proper
public notice and provide opportunity for public comment. The final draft will also be noticed to the
downtown e-mail list serve (400+ recipients) and announced in the Downtown Newspaper (4800 copies)
and E-Newsletter (300+ recipients). Chris will also be contacting the stakeholders (37 individuals)
interviewed during the development of the Plan to ask for their comments on the final draft.
City of Bozeman Review and Adoption Timeline
August 19 Application submitted to Planning Department
September 15 Planning Board hearing (1 of 2)
October 5 City Commission Resolution of Intent to Adopt
October 6 Planning Board hearing (2 of 2)
November 9 City Commission Public Hearing for Adoption
Parking Garage Update
Recent “activity” includes:
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Interior painting completed on all cinder block walls
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Northwestern Energy replaced all of the gas distribution lines in the alley
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COB plans to pave the alley week of August 24.
Downtown Bozeman Gas Refurbishment Project
Due to recently available funding, NorthWestern has committed to performing a significant amount of gas
system upgrades that were planned to take place over the next few years. Work will include: replacing
all distribution lines; installing three zone valves; installing stopper valves; removing swing joints; and
removing old stubs.
All of this work was scheduled to take place in phases over the next 3 years, but due to the cancellation
of another project in the state, Northwestern is investing the funding in downtown Bozeman to complete
the work this season.
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The project area spans from 3 to Bozeman Avenues north of Main Street and from Willson to Rouse
Avenues south of Main Street.
The work is scheduled to be completed by October 23, 2009. This target completion date is dependent
on weather and unforeseen sub-surface conditions.