HomeMy WebLinkAboutOrdinance 76- 962, Formula for assessment of property affected by special improvement district No. 565
I
I
I
ORDINANCE NO. 962
AN ORDINANCE ESTABLISHING A FORMULA FOR THE METHOD OF ASSESS-
MENT OF PROPERTY IN SPECIAL IMPROVEMENT DISTRICT NO. 565 IN
THE CITY OF BOZEMAN, MONTANA, FOR ESTABLISHING OFF-STREET
PARKING FACILITIES IN THE CITY OF BOZEMAN AND SETTING A TIME
AND PLACE FOR PUBLIC HEARING ON SAID FORMULA AND DIRECTING
THE PUBLICATION AND MAILING OF NOTICE THEREOF.
* * * * * * * * * * * *
BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA:
Section 1
That the formula to be used in determining the assessment of each lot and
parcel within special improvement district No. 565 for the purpose of establishing
off-street parking facilities in the city of Bozeman is set forth in-Exhibit "A"
hereto attached and.by this reference incorporated in and_b~de a part of this
ordinance as fully as if set forth herein.
Section 2
That in considering the benefit to be received by each parcel of land and in
determining the formula to be used in the method of assessment of each lot or
parcel of land within said district, the City Commission will consider the fo11ow-
ing factors:
a. the relative distance of the parking facility from each
parcel of land within the area of the special improvement district;
b. the relative needs of parking spaces for each parcel of
land located within the boundaries of said district, either as
established by the city zoning ordinance, if any, or otherwise,
with relation to the use of said parcel;
c. the assessed value of each parcel within said district;
d. the square footage of each parcel within said district as
it relates to the whole;
e. the square footage of floor space in any improvements on
the parcel and the various uses of such floor space; and
f. the availability of existing on-site parking space on
any parcel of land within the district.
Section 3
That on Wednesday, the 7th day of July, 1976, at the hour of 1:30
o'clock p.m. in the city commission room of the City Hall Building of the
city of Bozeman, Montana, the City Commission of the city of Bozeman will
hold a public hearing when and where all persons concerned may present
their objections to said formula, or any part of it and point out errors
and inequities and submit reasons for amendments and corrections.
Section 4
That the Clerk of the City Commission of the city of Bozeman is
hereby directed to'cause notice of said public hearing to be published
for five (5) days in advance of said hearing in the Bozeman Daily
Chronicle, a daily newspaper of the city of Bozeman, Montana, and shall
ORDINANCE NO. 962
373
374
Where:
And
cause a copy of said notice to be mailed to every person, firm or corporation
having real property within the proposed special improvement district No. 565,
listed in his name upon the last completed assessment roll for the state,
county and school district taxes at his last known address upon the same day
such notice is first published. Such notice shall state the proposed formula
and the factors to be considered by the City Commission and designate the time
when and the place where the commission will hear objections thereto.
PASSED AND ADOPTED this 16th day of June, 1976.
JAMES W. VOLLMER, Mayor
ATTEST:
?
"
~ /~-4
RNA~ HARD G, ~'
Clerk OI the City ommission
EXHIBIT "A"
TPAp = APAp + DMPAp + DSTPAp + TAPAp
APA
P
AREAp
= ( 7 5 0 , 0 0 0) (. 2 0) (!' AREA )
P
FLOOR *ZFACT -PARK
= (750,000) (.30) (~(FL06R *ZFA~T -PA~K )
~ P P P
DMPA
P
DSTPA
P
2DMAX-DISTANCE )
= (750,000) (.30) (~(2DMAX-DISTANtE
P
TAPA
P
TA
= ( 750 , 000) (. 20) (~)
P
TPA = Total Parking Assessment - Property p
p
APA = Area Component - Property p
p
DMPA = Demand Component (Parking needs, floor area of
p improvements on site parking)
DSTPA = Distance Component
p
TAPA = Tax Assessment Component
p
AREAp = Square footage of parcel p
FLOOR
P
= Square footage of floor area of improvements for
property p
= Zoning Code parking factor for property p
ZFACT
P
DMAX = Maximum distance in feet for all parcels
DISTANCE = Distance in feet from parking site to property p
p
TA = Assessed value for property p
p
PARK = Existing Parking
p
O~DINANCE NO. 962
I
I
I
I
I
I
NOTICE IN RE
AN ORDINANCE ESTABLISHING A FORMULA FOR THE METHOD OF ASSESS-
MENT OF PROPERTY IN SPECIAL IMPROVEMENT DISTRICT NO. 565 IN
THE CITY OF BOZEMAN, MONTANA, FOR ESTABLISHING OFF-STREET
PARKING FACILITIES IN THE CITY OF BOZEMAN AND SETTING A TIME
AND PLACE FOR PUBLIC HEARING OF SAID FORMULA AND DIRECTING
THE PUBLICATION AND MAILING OF NOTICE THEREOF.
* * * * * * * * * *
NOTICE IS HEREBY GIVEN that on Wednesday, the 7th day of July 1976 at the
City Commission Room in the City Hall Building of the city of Bozeman, Montana, at
the hour of 1:30 o'clock p.m., the City Commission will hold a public hearing on a
formula to be used in determining the assessment of each lot or parcel of land
within special improvement district No. 565 for establishing off-street parking
facilities in the City of Bozeman, Montana, when and where all persons concerned
may present their objections to the formula, or any part of it, and point out
errors and inequities and submit reasons for amendments and corrections. The
proposed formula is set forth in Exhibit "A" hereunto attached and by this
reference incorporated in and made a part of this ordinance as fully as if set
forth herein.
In considering the benefit to be received by each parcel of land and deter-
mining the formula to be used for the method of assessment the City Commission
will consider all of the following factors:
1. the relative distance of the parking facility from each
parcel of land within the area of the special improvement district;
2. the relative needs of parking spaces for each parcel of
land located within the boundaries of said district, either as
established by the city zoning ordinance, if any, or otherwise, with
relation to the use of said parcel;
3. the assessed value of each parcel within said district;
4. the square footage of each parcel within said district
as it relates to the whole;
5. the square footage of floor space in any improvements
on the parcel and the various uses of such floor space; and
6. the availability of existing on-site parking space on
any parcel of land within the district.
Dated this 16th day of June 1976.
ORDIN~CE NO. 962
375
376
Where:
And.
EXHIBIT "A"
TPA
P
= APAp + DMPAp + DSTPAp + TAPAp
APA
P
AREA
= (750,000) (.20) ( p)
ITARE~
FLOORp*ZFACTp-PARKp
= (750,000) (.30) (~(FLOOR *ZFACT -PARK)
p p p
I
DMPA
P
DSTPA
P
2DMAX-DISTANCEp
= (750,000) (.30) (E(2DMAX-DISTANCEp)
TAPAp
TA
= (750,000) (.20) (~)
P
TPAp
= Total Parking Assessment - Property p
APAp
= Area Component - Property p
DMPAp
= Demand Component (Parking needs, floor area of
improvements on site parking)
DSTPA = Distance Component
p
TAPA ~ Tax Assessment Component
p
AREA
P
= Square footage of parcel p
FLOORp
= Square footage of floor area of improvements
for property p
I
ZFACT = Zoning Code parking factor for property p
p
DMAX = Maximum dis.tance in feet for all parcels
DISTANCEp = Distance in feet from parking site to property p
TA = Assessed value for property p
p
State of Montana
County of Gallatin ss.
City of Bozeman
I, Erna V. Harding, Clerk of the Commission of the City of Bozeman,
do hereby certify, that the foregoing Ordinance was published by Notice
in Re in the Bozeman Daily Chronicle, a newspaper of general circulation
printed and published in said City in the issue of the 21st thru the 25th
of June 1976 and due proof of such publication is on file in my office.
IN WITNESS WHEREOF I hereunto set my hand and affix the corporate
I
seal of my office this 22nd day of June 1976.
~/?~ /I ~~4
ERNA V. HARDr~
Clerk of the City commission
ORDIN~NCE NO. 962