HomeMy WebLinkAboutApprove Resolution 4474, Levying Special Assessment for BID, fiscal year 2014
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Carol Neibauer, Assistant Treasurer Laurae Clark, City Treasurer Anna Rosenberry, Administrative Services Director
SUBJECT: Resolution 4474 / Annual Assessment for Business Improvement District
(BID) for Fiscal Year 2014 MEETING DATE: September 23, 2013
RECOMMENDATION: Approve Commission Resolution No. 4474/Annual assessment for
the Business Improvement District (BID) for the FY 2014. BACKGROUND: Per Montana Code Annotated 7-12-1132 the Commission was presented on
June 3, 2013 with the BID (Business Improvement District) work plan and budget. As a result of
that review, the attached resolution, Resolution 4474, was drafted for approval.
FISCAL EFFECTS: The downtown businesses within the business improvement district will be billed based on their assessed taxable value as it relates to the taxable valuation of the whole
district. The assessment rate in said business improvement district shall be set to ensure
$120,000.00 is billed. This rate for FY 2014 is 0.038224 per taxable valuation.
ALTERNATIVES: As suggested by the City Commission.
Memo compiled on: September 6, 2013
Attached Documents: Resolution #4474
157
COMMISSION RESOLUTION NO. 4474
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN MONTANA LEVYING AND ASSESSING A SPECIAL ASSESSMENT FOR FISCAL YEAR 2014 UPON ALL REAL PROPERTY IN THE BUSINESS
IMPROVEMENT DISTRICT LOCATED IN THE CITY OF BOZEMAN’S
DOWNTOWN AREA TO DEFRAY THE ESTIMATED COST AND EXPENSE
TO BE INCURRED IN THE BUSINESS IMPROVEMENT DISTRICT FOR THE FISCAL YEAR AS OUTLINED IN THE DISTRICT’S WORK PLAN AND BUDGET.
WHEREAS, Commission Resolution No.’s 4256 and 4263 and Ordinance No. 1790 passed as aforesaid are hereby referred to and made a part of this resolution for further particulars in
respect to the boundaries of said district the purpose of the district and the duration of the
district, and
WHEREAS, Section 7-12-1132 (4) Montana Code Annotated provides that said special assessments shall be made levied and collected in the same manner as are other special
assessments and levies of the City of Bozeman, and
WHEREAS, pursuant to Section 7-12-1132 (2) Montana Code Annotated the City Commission
did on the 3rd day of June 2013 receive the work plan and budget submitted, and WHEREAS, the work plan and budget provides for parcels to be assessed for that part of the
whole cost of the district which its taxable valuation bears to the total taxable valuation of the
property of the district pursuant to Section 7-12-1133 (2) c Montana Code Annotated, and
WHEREAS, to defray the costs of the business improvement district for the coming assessment
year, the Commission must now establish an assessment to be levied for said year.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,
Montana, as follows:
Section 1
That to defray the estimated cost and expense of the business improvement district in the City’s
downtown area for the fiscal year 2014 there is hereby levied and assessed against the taxable
valuation of the several lots pieces and parcels of land benefited by the district within the City of Bozeman as set forth in Schedule A, attached hereto and by this reference made a part hereof
158
which describes each lot or parcel of land with the name of the owner and or owners, if known,
and the amount assessed against the same that the several sums set opposite the names of said
owners; and the described lots and parcels of land are hereby levied and assessed upon and
against said lots and parcels of land for said purpose that the several sums be collected from the respective owners of said lots and parcels of land described in said assessment list and owned by
them; that the said sums shall be paid and the collection thereof be made in the manner and in
accordance with Ordinance No. 1790 of the City of Bozeman Montana and the laws of the State
of Montana governing the collection of a business improvement district assessments; that failure
to pay such assessment when the same shall become due and payable shall make such persons and such lots and parcels of land liable to the penalties provided by law relative to delinquent
taxes and assessments; and that the November assessments shall become delinquent at 5:01 p m
on November 30, 2013 and the May assessments shall become delinquent at 5:01 pm on May
31, 2014.
Section 2 That each lot or parcel of land including the improvements thereon, may be assessed for that
part of the whole cost of the district which its taxable valuation bears to the total taxable
valuation of the property in the district. The assessment rate in said business improvement
district shall be $120,000.00 which is 0.038224 per taxable valuation.
Section 3 That this assessment be levied for the fiscal year 2014 (July 1, 2013 through June 30, 2014) and
be billed in October 2013 as are all other special assessments.
Section 4 That the assessments as collected shall be placed in the business improvement district fund and
shall be used to defray the costs thereof as provided by law.
APPROVED by the Commission of the City of Bozeman Montana at a regular session thereof held on the 23rd day of September, 2013.
______________________________
SEAN A. BECKER Mayor
ATTEST
_____________________________
STACY ULMEN, CMC City Clerk
APPROVED AS TO FORM
______________________________ GREG SULLIVAN City Attorney
159