Loading...
Ordinance 965 - Formula to Determine Assessments in SID 329Est ORDINANCE NO. 965 AN ORDINANCE TO ADOPT A FORMULA TO BE USED IN DETERMINING THE ASSESS- MENT OF LOTS WITHIN SPECIAL IMPROVEMENT DISTRICT #329. WHEREAS, the City Council has received a petition to create a Special Improvement District #329 from the Kalispell Parking Com- mission; and WHEREAS, the Kalispell Parking Commission has held numerous pub- lic meetings -with-owners-of property in said proposed District and -other persons interested in the creation of such a District and the formula to be used in determining the assessment of each lot or par- cel within such a district; and, in the course of such meetings and hearings those items set forth in Sec. #7-12-4161 through #7-12-4165, M.C.A., were considered as well as other items and considerations raised by such persons as would be effected thereby; and WHEREAS, as a result, the Kalispell Parking Commission has pro- posed a formula for such assessment that appears to be equitable and just; and WHEREAS, the City Council has held a public hearing, after due notice, on said proposed formula of assessment and heard all persons concerned who made their wishes known, present any objections they may have to said formula or any part thereof and point out any errors or inequities with their reasons for amendment or correction; and the Council having made any changes or corrections therein deemed ne- cessary, right and proper; ' NOW, THEREFORE, BE IT ORDAINED AS FOLLOWS: The Council does hereby adopt the following formula to be used in determining the assessment of each lot or parcel within Special Improvement District #329: 1) Twenty percent (20%) of the total amount of said District Assessment will be raised by assessment based on the percentage which the square foot area of each lot within the district bears to the total square footage area of the entire district, less streets, alleys, avenues and public places stated as follows: Area of a lot or parcel 20% of total Area of all lots or X amount of parcels assessment Any lot, parcel or portion thereof within the dis- trict used exclusively for off-street parking or being vacant with no other use thereon, shall be exempt from this portion of the total assessment and, further, such a lot or parcel or portion there- of shall not be included in the total area of the district for this portion of the assessment. 2) Twenty percent (20%) of the total amount of said _ District Assessment will be raised by assessment based on a distance base determined as follows: The center of the intersection of Main and Second Street is the centroid point; distance factors range from 2000 to 1000 with the closest lot or parcel to the centroid point assigned a 2000 factor and the farthest lot or parcel from such point as- signed a 1000 factor and intervening lots or par- cels assigned a factor in proper proportion to the distance from the-centroid point. Each lot or parcel will be assessed in the propor- tion which its distance factor bears to the total of such factors of all lots or parcels in the Dis- trict. This assessment is stated as follows: Factor for a lot 20% of amount Total of Factors for all X of total Assess - lots & parcels in District ment of District 3) Fifty percent (50%) of the total amount of the District Assessment will be raised by an assessment based on the proportionofNet Demand for parking spaces which each lot or.parcel"of-land -,within the District bears to the total present deficiency in the total parking demand for the entire District. The Parking Demand of a lot or parcel in each case shall be calculated as follows: (a) In all of Blocks 35, 36, 45, 46, 55, 56, 65 & 66, each 400 square feet of the total floor space of a building shall demand one (1) parking space; (b) In all of Blocks 34, 47, 54, 67, 75, 76 & 85, and the west half of Blocks 77, 64, 57, 44 & 37 each 600 square feet of the total floor space of a building shall demand one (1) parking space. (c) In the east half 68 and in all of tween the center line of the main Northern Railway floor space of a parking space. of Blocks 33, 37, 44, 48, 53, 57, the property in the district be - line of Center Street, and center line track of the Burlington each 80D square feet of the total building shall demand one (1) The total floor space of a building shall be the total of 100% of the area of the ground or main level thereof plus 50% of the area of floors above the ground or main level plus 25% of the finished area of floors below the ground or main level plus 10% of the unfinished area of floors below ground or main level. In determining the Net De- mand for a lot or parcel credit will be given for parking spaces presently provided to meet the parking demand for such lot or parcel, but credit to create less than a zero demand shall not be allowed. The "Deficiency" shall be the adjusted Net of the exist- ing Parking Demand for the entire district after credit has been given for existing parking spaces within the District. This assessment shall be stated as follows: Net Demand for a lot or parcel 50% of total Deficiency of total demand of X Assessment the district of District 4) Ten percent (10%) of the total amount of the District Assessment will be raised by assessment based on the gen- eral tax assessed value of a lot or parcel and the pro- portion thereof to the total general tax assessed valua- tion of all real property within the District as of July 1, 1980, in the records of Flathead County and the De- partment of Revenue. This assessment is set forth as follows: 1 I j _ 3 Assessed value of a lot or parcel 10% of the Total assessed value of the Dis- X total amount trict of District FINALLY PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA, AND APPROVED BY THE MAYOR THIS 15th DAY OF December , 1980. Norma, Mayor — ATTEST: 2A Owl M, ' G Marjoriermann, City Clerk 1 I, Marjorie Giermann, City Clerk of the City of Kalispell, Montana do certify that on the let day of December, 1980, I posted a copy of the foregoing ordinance in my office, and the same remained posted until the second reading on the 15th day of December, 1980, and the foregoing is a true and correct copy of the ordinance as passed by the City Council. City Cle of the City of Kalispell, Montana 1