HomeMy WebLinkAboutResolution 4568 Amending Resolution 4497 by Authorizing an Increase to Incentive Amount N88
COMMISSION RESOLUTION NO. 4568
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, AMENDING RESOLUTION 4497 BY AUTHORIZING AN INCREASE TO
THE MAXIMUM INCENTIVE AMOUNT FROM $1,500 TO $2,500 AVAILABLE TO
CITY OF BOZEMAN BUSINESSES THROUGH THE BOZEMAN ENERGY PROJECT.
WHEREAS, on December 16, 2013 the Commission adopted Resolution 4497,
CREATING THE BOZEMAN ENERGY PROJECT (FORMERLY CALLED THE BOZEMAN
BUSINESS ENERGY PROGRAM) AND THE BOZEMAN BUSINESS INCENTIVE FUND
FOR BUSINESSES LOCATED IN THE CITY OF BOZEMAN, COUNTY OF GALLATIN,
STATE OF MONTANA, TO PROMOTE COST SAVINGS, ENERGY EFFICIENCY AND
RENEWABLE ENERGY IN COMMERCIAL BUILDINGS; and
WHEREAS, the Commission reallocated the Northern Rocky Mountain Resource
Conservation & Development's Big Sky Energy Revolving Loan Fund to the Bozeman Business
Energy Program through Resolution 4497; and
WHEREAS, the Northern Rocky Mountain Resource Conservation & Development
Council dissolved and returned the Big Sky Energy Revolving Loan Fund balance of$59,943 to
the City of Bozeman on October 8, 2014; and
WHEREAS, the Bozeman Energy Project will launch on November 10, 2014 and no
funds have yet been disbursed.
WHEREAS, members of the Commission have requested that the maximum incentive
amount be increased from $1,500 to $2,500 for commercial buildings located within the City of
Bozeman.
WHEREAS, the increased incentive amount was approved by the Bozeman Climate
Partners Working Group on January 15, 2014; and
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WHEREAS, the $2,500 incentive cap will encourage more significant investment in
energy efficiency and renewable energy, while distributing the benefits throughout the
community; and
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana,that:
Section 1
The City Commission of the City of Bozeman, Montana does hereby amend Resolution 4497
authorizing increasing the maximum incentive amount available from $1,500 to $2,500 for
businesses located in the City of Bozeman, County of Gallatin, State of Montana.
PASSED AND APPROVED by the City Commission of the City of Bozeman,
Montana, at a regular session thereof held on the 27th day of October, 2014.
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APPROVED AS TO FORM:
E ULLIVAN
City Attorney
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