HomeMy WebLinkAboutResolution 2906 Amending fee for cash-in-lieu for parking space
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COMMISSION RESOLUTION NO. 2906
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, AMENDING THE FEE FOR THE CASH-IN-LlEU PAYMENT
OPTION TO THE OFF-STREET PARKING REQUIREMENT UNDER SECTION
18.50.120 OF THE ZONING TITLE OF THE BOZEMAN MUNICIPAL CODE
AS AMENDED TO $2000, CLARIFYING THE PARTIES RESPONSIBLE FOR
PAYMENT, AND REVISING THE TERMS FOR PAYMENT.
WHEREAS, Section 18.50.120 of the Bozeman Zoning Ordinance recognizes an
. ongoing need for additional off-street parking facilities arising from new development in the
B-3 Zoning District; and
WHEREAS, this need arises in addition to the parking needs addressed in Special
Improvement District No. 565; and
WHEREAS, Section 18.50.120 of the Bozeman Zoning Ordinance allows payment
of cash in lieu of certain parking requirements; and
WHEREAS, said Section 18.50.120 of the Zoning Ordinance provides that the
specific amount of cash to be paid in lieu of the parking requirements shall be set from time
to time by resolution of the City Commission.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
. Bozeman, Montana. that Section 1
That until further action by the City Commission, the required amount of cash in
lieu to be paid for each off-street parking stall required by the City of Bozeman parking
requirements shall be $2000.00.
Section 2
That the total amount owed for cash in lieu shall be paid as follows:
1 ) Payment of the total amount in cash prior to issuance of a building permit,
business license or zoning approval, as required for the proposed use; or
2) Payment of one thousand dollars ($1000) or one-tenth (1/10) of the total
amount, whichever is greater, plus a three percent (3%) administrative
. charge on the total amount on or before the issuance of a building permit,
business license or zoning approval, as required for the proposed use; and
the remaining balance will be amortized over a period of years as outlined
in Subsections A, B, and C below, with equal annual payments over the
life of the loan.
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Terms for the payment of the principal balance are established as follows:
A) The term for payment of an initial principal balance of less
than five thousand dollars ($5000) shall not be greater than
three (3) years;
B) The term for payment of an initial principal balance of five
. thousand dollars ($5000) to ten thousand dollars ($10,000) shall
not exceed seven (7) years;
C) The term for payment of an initial principal balance of greater
than ten thousand dollars ($10,000) shall be limited to a
maximum of ten (10) years;
D) The petitioner and property owner shall execute a promissory
note for the balance.
Section 3
No person who is participating in such a payment plan may be issued an annual
business license unless such payments are current.
Section 4
. That the cash in lieu rate may be revised at the discretion of the City Commission.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana,
at a regular session thereof held on the 22nd day of February, 1993. .
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ATTEST:
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R IN L. SUlliVAN .
. Clerk of the C~~~iSS100
APPROVED AS TO FORM:
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State of Montana )
County of Gallatin )
City of Bozeman )
I, Robin L. Sullivan, Clerk of the Commission of the City of Bozeman, Montana, do
hereby certify that the foregoing Commission Resolution No. 2906 was published by title and
number in the Bozeman Daily Chronicle, a newspaper of general circulation printed and published
. in said City, in the issue dated the 25th day of February 1993, and due proof of such publication
is on file in my office.
IN WITNESS WHEREOF I hereunto set my hand and affix the corporate seal of my
office.
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R IN L. SULLIVAN
Clerk of the Commission
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