HomeMy WebLinkAboutResolution 4289 North 7th Rehab Redevelopment and Rehabilitation Incentive ProgramCOMMISSION RESOLUTION NO. 4289
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, AUTHORIZING THE NORTH SEVENTH AVENUE URBAN
RENEWAL DISTRICT N7REHAB REDEVELOPMENT AND
REHABILITATION INCENTIVE PROGRAM ( "N7REHAB ") AND
AUTHORIZING THE NORTH SEVENTH URBAN RENEWAL BOARD AND
NSURB STAFF ( "NSURB ") TO PROVIDE FOR THE ADMINISTRATION OF
N7REHAB.
WHEREAS, the Bozeman City Commission did, pursuant to law, on the 2211d day of
August 2005, adopt Resolution Number 3839, declaring that blighted areas exist in the portion of
the North Seventh Avenue Corridor and that rehabilitation, redevelopment, or a combination
thereof of the area is necessary and in the interest of the public health, safety, morals, or welfare
of the residents of Bozeman; and
WHEREAS, The Bozeman City Commission did, pursuant to law, on the 27 day of
November 2006, adopt Ordinance Number 1685 defining the North Seventh Urban Renewal
District (the "District ") boundary, creating a North Seventh Urban Renewal Board (the "Board ")
and authorizing the Board to act as the "agency" to exercise urban renewal powers; and
WHEREAS, the Board was appointed and developed a work plan and budget for
FY2011 and presented that plan to the Bozeman City Commission who did, on the 2" d day of
August, 2010, approve the FY2011 Annual Work Plan and Budget for the North Seventh Urban
Renewal Board; and
WHEREAS, the FY2011 Annual Work Plan did include funding for "N7Rehab ", a
Fagade and Site Rehab ", "Demolition" and a "Public Right-of-way Improvements" program;
and
WHEREAS, the intent of these funds is to offset the cost of redevelopment of
substandard or "blighted" properties along N. 7"' Avenue; and
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WHEREAS, by Ordinance No. 1685 the North Seventh Urban Renewal Board was
granted the powers under Section 7-15-4233, MCA except for subsection (h) (entry into any
building or property will only be gained with owner's permission)); and
WHEREAS, Section 7-15-4233, subsection (1)(a), MCA, grants the City the power to
formulate and coordinate a workable program as specified in 7-15-4209, MCA; and
WHEREAS, Section 7 -15 -4209, MCA, states : (1) A municipality may formulate a
workable program for utilizing appropriate private and public resources:
a) to eliminate and prevent the development or spread of blighted areas,
b) to encourage needed urban rehabilitation;
c) to provide for the redevelopment of such areas; or
d) to undertake such of the aforesaid activities or other feasible municipal activities as may
be suitably employed to achieve the objectives of such workable program.
2) Such workable program may include, without limitation, provision for:
b) the rehabilitation of blighted areas or portions thereof by re-planning, removing
congestion, providing parks, playgrounds, and other public improvements; by encouraging
voluntary rehabilitation; and by compelling the repair and rehabilitation of deteriorated or
deteriorating structures; and
c) the clearance and redevelopment of blighted areas or portions thereof.
WHEREAS, Section 7-15-4288, MCA states, "Costs that may be paid by tax increment
financing" allows the municipality to use tax increments to pay the following costs of or incurred
in connection with an urban renewal project. 1) demolition and removal of structures, 2)
improvement of infrastructure, 3) public improvements and 4) costs incurred in connection with
the redevelopment activities allowed under 7-15-4233; and
WHEREAS, as part ofthe FY 2011 Work Plan, and to fulfill the above statutory
requirements, the NSURB developed a program for the granting of monies authorized by the
City Commission to redevelop and rehabilitate the District the name of which program is the
North Seventh Avenue Redevelopment and Rehabilitation Incentive Program (to be known as
N7Rehab); and
WHEREAS, the purpose ofN7Rehab is to provide a program to encourage voluntary
repair and rehabilitation of commercial property within the District in accordance with the
provisions of the Montana Urban Renewal Law; and
WHEREAS, the NSURB seeks the confirmation of the City Commission for the
N7Rehab and its administrative processes.
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NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana (the "City"), as follows:
Section I
That the primary objective of the N7Rehab is to provide a program to encourage voluntary repair
and rehabilitation of commercial property within the North 7th Urban Renewal District in
accordance with the provisions of the Montana Urban Renewal Law, Additional objectives of the
Program are to:
Encourage private investment in commercial property in the District through the use of
public incentives;
Expand the property tax base in the District through private investment in income
producing properties;
Stimulate economic and business development within the District; and
Reduce blighting influences in the District
Section 2
The grants are to be awarded at the discretion of the NSURB based upon review of the
Applicant's compliance with program objectives, eligibility requirements, and eligible
construction activities as provided in the N7Rehab Program Description and N7Rehab Review
Criteria as set forth in Attachment "A".
Section 3
The NSURB provides a Work Plan and Budget to the City Commission on an annual basis at
which time the NSURB requests a portion ofthe District's tax increment be allocated for
N7Rehab and therefore eligible projects granted awards by the NSURB.
Section 4
The NSURB is, hereby, delegated authority to administer the N7Rehab as set forth in
Attachment A" and may enter into agreements with Applicants necessary to accomplish the
purposes of the program;
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PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana,
at a regular session thereof held on the 20 day of September, 20
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ATTEST:
B 0