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HomeMy WebLinkAboutResolution 3473 Tax reduction for Lattice Materials _~______~_'_ __n_ _...._.__..____ ._ __._____ ..._.._.__.._ .____ __._ ___ ..-. -------.- ---". .. COMMISSION RESOLUTION NO. 3473 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN. MONTANA. APPROVING THE APPLICATION OF LATTICE MA TERIALS CORPORATION FOR TAX REDUCTION UNDER SECTION 15-24-1401. ET SEO.. MONTANA CODE ANNOTATED. AND CITY OF BOZEMAN COMMISSION RESOLUTION NO. 2660. WHEREAS, on the 29th day of June 1987, following due and proper public hearing, the City Commission did adopt Commission Resolution No. 2660, defining. approving and adopting the tax incentive program as set forth in Section 14-24-1402, M.C.A.. for qualifying improvements and modernized processes of new industry or expanding industry within the jurisdictional limits of the City of Bozeman, Montana; and WHEREAS, on the 6th day of November 2000, the City Commission did adopt Commission Resolution No. 3414, setting the public hearing on the application of Lattice Materials Corporation for tax reduction under Section 15-24~ 1401, et seq., M.C.A.; and WHEREAS, on the 4th day of December 2000, following due notice, the City Commission did conduct the public hearing as set forth in Commission Resolution No. 3414; and WHEREAS, public comment was received prior to or during the public hearing, which resulted in the Commission imposing conditions to be met prior to approval of the requested tax reduction; and WHEREAS, Lattice Materials Corporation has submitted a statement indicating that it has met those conditions; and WHEREAS, it appears the applicant's taxes have been paid in full. NOW, THEREFORE. BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, that the application of Lattice Materials Corporation for tax reduction under Section 15-24-1401, et seq., Montana Code Annotated, and Commission Resolution No. 2660. is hereby approved for those qualifying improvements or modernized processes totalling $262,149.90, as described on Exhibit" A", attached hereto and incorporated by this reference as though fully set forth herein. ..-----.-- -.-..-.- ...--.------.- PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 10th day of September 2001 . MAR~Gq~ ATTEST: {tf~~ Clerk of the Commission APPROVED AS TO FORM: - 2 ~ ----- - -----..- -. EXHIBIT "A" Lattice Materials Corporation Asset listing for Classification Application 1999 Acquisitions Estimated or .I2illil. Actual Date In Property Acquired Acquired ~ Service STC 10 Saw 148079 3/9/1999 4,753.00 Ortr 3,2000 STC 10 Saw 150935 3/9/1999 4.753.00 Ortr 3, 2000 STC 10 Saw 150951 3/9/1999 4,753.00 Ortr 3, 2000 STC 10 Saw 150953 3/9/1999 4,753.00 Ortr 3, 2000 STC 10 Saw 170078 3/9/1999 4,595.00 Ortr 3,2000 STC 10 Saw 170079 3/9/1999 4,301.00 Ortr 3, 2000 STC 10 Saw 170080 3/9/1999 6,035.00 Ortr 3, 2000 STC 10 Saw 170082 3/9/1999 4,301.00 Ortr 3,2000 STC 10 Saw 170085 3/9/1999 4,301.00 Ortr 3,2000 STC 10 Saw 190574 3/9/1999 4,301.00 Ortr 3,2000 STC 10 Saw 190575 3/9/1999 4.301.00 Ortr 3. 2000 STC 10 Saw 210488 3/9/1999 4.301.00 Ortr 3, 2000 STC 10 Saw 381612 3/9/1999 4.301.00 Ortr 3,2000 STC 10 Saw 381613 3/9/1999 4,301.00 Ortr 3,2000 STC 10 Saw 381614 3/9/1999 7,545.00 Ortr 3, 2000 STC 10 Saw 442031 3/9/1999 4,301.00 Ortr 3. 2000 Hamco sin 029.0003 7/23/1999 47,149.50 Ortr 3 or 4.2000 Varian 938 4J Leak OetectorwNarian 3/4 hp pump 7/23/1999 4,950.00 Ortr 3 or 4. 2000 raised flooring 7/23/1999 2,750.00 Ortr 3 or 4, 2000 Process Engineering 6050 gallon Argon Storage tank 7/23/1999 4,950.00 Ortr 3 or 4,2000 Sowers-ingot chop saw wfT orit dry-flow vacuum system 7/23/1999 2,475.00 Ortr 3 or 4.2000 Semitool ST -2700 Dual Stack spin/rinse dryer sin 16574 7/23/1999 2,200.00 Ortr 1, 2000 Rigaku Dpgs Oefractometer 7/23/1999 6.600.00 Ortr 1, 2000 Speedfam 6BPH-double sided polishing w/process cont sin 236416-447 7/23/1999 6,600.00 Ortr 1. 2000 Kayex-Hamco CG-3000 sin 088-0284 10/28/1999 13,200.00 Ortr 3 or 4, 2000 Kayex-Hamco CG-3000 sin 088-0288 10/28/1999 13,200.00 Ortr 3 or 4, 2000 Bow Machine - in development 4/26/1999 49,024.00 Ortr 1, 2000 Perkin Elmer Spectraphotometer 10/20/1999 33,155.40 Oct-99 - 3 -