HomeMy WebLinkAboutOrdinance 91- 1339, Amends § 4 of Ord. 1337, tax increment industrial district board
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ORDINANCE NO. 1339
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AN ORDINANCE
OF THE CITY COMMISSION
OF THE CITY OF
BOZEMAN,
MONTANA, AMENDING ORDINANCE NO.
1337, WHICH
CREATED
A TAX INCREMENT FINANCING INDUSTRIAL DISTRICT
(TIFID) BOARD.
Preamble
Amending the
requirements for membership on the Board
to include persons gainfully employed by
a business or
firm located within the city limits.
WHEREAS,
the City commission of the City of Bozeman, Montana
did adopt Ordinance No 1337,
creating a tax increment financing
industrial district
board and
setting forth
the guidelines
therefore; and
WHEREAS,
the City Commission of the City of Bozeman, Montana
has determined it would be appropriate to expand the criteria for
membership on said
board to include
those gainfully employed
within the city limits.
NOW,
THEREFORE, BE IT
ORDAINED by
the Bozeman City
Commission, as follows:
section 1
That Section 4
of ordinance No.
1337 be, and the same is
hereby amended to read as follows:
section 4.--Appointment and Terms of Board Members
( 1 ) All
appointments to the TIFID Board will be made by the
City commission.
( 2 ) The
TIFID Board shall consist of at least five and not
more than seven members with the
initial terms as
follows: one
member appointed for 1 year,
one for 2 years,
two for 3 years,
and the remainder for 4 years.
Each appointment thereafter shall
be for 4 years.
( 3 ) Whene
ver possible, at least
one Board member will be
selected from each
of the
following disciplines: real estate,
economic development,
commercial lending,
and civil or
environmental engineering.
The remaining position(s) shall be at
large.
( 4 ) Each
Board member shall hold office until
his or her
successor has been appointed and has qualified.
( 5 ) A
Board member shall receive no compensation for his or
her services but shall be entitled to previously authorized
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" expenses,
including travelling
incurred
in the
expenses,
discharge of his or her duties.
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( 7 ) A
Board member may be removed for inefficiency, neglect
of duty or misconduct in office.
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Section 2
All resolutions,
ordinances, and sections
of the city Code
inconsistent herewith are hereby repealed.
Section 3
This
ordinance does not
affect rights and duties
that
matured,
penalties that were incurred or
proceedings that were
begun before the effective date of this ordinance.
Section 4
If
any provision of
this ordinance is
declared
unconstitutional,
or the applicability thereof to any person
or
circumstances
is held invalid, the
constitutionality of the
remainder of the ordinance and the applicability thereof
to other
persons and circumstances shall not be affected thereby.
PROVISIONALLY PASSED AND ADOPTED
by the city Commission of
the city of Bozeman, Montana,
at its meeting held on the 25th day
of November,
1991.
Ro~/I~MAYOR
ATTEST:
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Clerk of the Commission
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FINALLY PASSED AND ADOPTED
by the city commission
of the
city of Bozeman, Montana,
at its meeting held on the 9th day of
December, 1991.
ATTEST:
v~Jh~
ROBIN L. SULLIVAN
Clerk of the commission
APPROVED AS TO FORM:
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