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HomeMy WebLinkAboutResolution 4279 Sherman/Owen Historic Tax AbatementCOMMISSION RESOLUTION NO. 4279 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 TWELVE CONSTRUCTION MONTHS AND FIVE YEARS TO COLE SHERMAN AND ANNE OWEN FOR THE PROPERTY AT 404 WEST CURTISS STREET AS AUTHORIZED BY S15 -24 -1601 MONTANA ANNOTATED ET SEQ. FOR HISTORIC RESIDENTIAL AND COMMERICAL PROPERTIES UNDERGOING REHABILITATION, R.ESTORIATION, 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 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, the City of Bozeman received a request for tax abatement for historic preservation from Cole Sherman and Anne Owen for the rehabilitation, restoration and expansion of the residence at 404 West Curtiss Street, Bozeman, Gallatin County, Montana, and; "WHEREAS, the Montana Historical and Architectural Inventory indicates the property at 404 West Curtiss Street contributes to the Cooper Park Historic District on the National Register of Historic Places; and, WHEREAS, the restoration and expansion of the property received a Certificate of Appropriateness from the City of Bozeman's Department of Planning and Community Development on August 27, 2010; and WHERAS, on August 26, 2010 the Bozeman Historic Preservation Advisory Board reviewed the application for tax abatement for historic preservation under 15 -24 -1601 Montana Code Annotated and t Resohmon A o 42 Granlitrg I ax.lhaleynenf lorlh.stonc Preservotion to 404 If *est Cterliss,';Ireet City Commission of the City of Bozeman Resolution number 2766, as well as the Secretary of the interior's Standards for Historic Preservation and requirements for federal tax credits for historic preservation, and found that with conditions imposed, 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 with one specific condition; and 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 for those improvements made through preservation, restoration, rehabilitation and reconstruction of the property at 404 West Curtiss Street, a property which contributes to the Cooper Park Historic District on the National Register of Historic Places, for a period of twelve construction months and rive years. PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 20th day of September, 201 ATTIt� < >. " AV STAICIV 0wic C ' T�W J!Y co 4& e K! K' RXU S S � SULLIV Attorney 1 of 2