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Resolution 5070 - Resolution of Intent - Old School Station Industrial Tax Increment DistrictRESOLUTION NO. 5070 RESOLUTION OF INTENT TO ESTABLISH AN INDUSTRIAL TAX INCREMENT DISTRICT AT OLD SCHOOL STATION AND CALL FOR PUBLIC HEARING UNDER MONTANA CODE ANNOTATED TITLE 7, CHAPTER , PART 42, E .lT RESoLVED by the City Council (the "City Council') of the City of Kalispell, Montana (the "City", as follows: Section 1. Recitals. 01. Subject to the satisfaction of certain requirements contained in the Act as deffned below), the City is authorized pursuant to Montana Code Annotated Title 7, Chapter 1.5, Part 42, as amended (the "Acts'), including Montana Code Annotated, Section -15- 299, as amended, to pass an ordinance the "Ordinance"') establishing an Industrial Tax Increment District to assist 1n financing necessary industrial infrastructure to encourage the attraction, growth, and- retention of secondary value -adding industries, tot. A proposal has been presented to the City by Montana Venture Partners, LLC (the "Developer") that the City establish an Industrial Tax Increment District to be known as the"Old Old School Station Industrial Tax Increment District" for the purpose of stimulating industrial growth by providing a financial mechanism to provide the necessary infrastructure support to encourage the growth of secondary, value -adding industries in the City. Section 2. Preliminary indin s, 2.01. Based on representations made by the .Developer to City staff and the City Council and the work of City staff to date, the City Council makes the preliminary findings, determinations, and declarations set forth in 2.0a through below. The preliminary findings, determinations, and declarations of this City Council set forth in 2.02 a through below are subject to final findings, determinations, and declarations by this City Council after (i) two readings of the proposed Ordinance, and i1 a public hearing (the "Hearing") on ffie proposed ordinance and .district as set forth in Sections 4 through 6 of this resolution. 2,02. The City Council of the City of Kalispell, Montana hereby preliminarily, finds, determines, and declares that: (a) the ordinance and the formation of the District, as proposed, will facilitate the development of the necessary infrastructure to support industrial growth within the proposed District; (b) the passage of the ordinance and the establishment of the District fall within the economic goals adopted by the City Council and the adoption therefor is in the public interest; (c) the District, as proposed, consists of a continuous area with an accurately described boundary-, (d) the District is zoned for light or heavy industrial use in accordance with the City's master planning documents; (e) the District does not include any property located within an existing urban renewal area district created pursuant to the Act; (f) the land. in the District is currently deficient in infrastructure improvements for industrial development; and (g) the purpose of the District is the development of infrastructure to encourage the growth and retention of secondary, value -adding industries in the City. Section 3. Preliminary Avoroval. This City Council hereby gives preliminary approval to the adoption of the ordinance establishing the District, subject to final approval following the Hearing, as more fully provided for in Sections 4 through 6 of this Resolution. Section 4..Public Hearinge. The Act requires that prior to the adoption of the ordinance and establishment of the District under the authority of the Act, this City Council shall give notice and hold a public hearing, such as the Hearing, on the proposed District. Pursuant to the Act, this City Council hereby calls for l) the public Hearin; on the District and the first reading; on the ordinance to be held on November 7, 200, on or after :oo p.m., and 1 a second reading of the ordinance to be held on November 21, 2005, on or after :oo p.m. The Hearing and the readings of the ordinance shall be held in the City Council Chambers at City :fall, located at 12 V Avenue East, Kalispell, Montana 59901. Section 5. Form of Notice of Public Hearing. The notice (the "Notice") of the Hearing shall be published in substantially the form attached to this resolution as Exhibit A. Section 6. Publication of Notice of Public Hearing. The City Clerk is hereby authorized to cause the Notice to be published in published in the Daily Inter Lake, a newspaper of general circulation in Flathead County, on o tober 25, 2005 and November 1, 2005, all in accordance with the requirements of Montana law. The publication of the Notice will be at least once a week for two consecutive weeks prior to the date set for the Hearing, the last such publication being seven days before the date of the Hearing. PASSED AND APPROVED Y THE CITY COUNCIL AND SIGNED BY THE MAYOR of THE CITY of KALISPELL, THIS 17TH DAY of C' ��o . Pamela B. Kenn ATTEST Mayor T eresa White City Clerk 2 EXHIBIT A FORM of NOTICE of PUBLIC HEARING NOTICE of PUBLIC HEARING GIVING NOTICE of A PUBLIC HEARING ON A PROPOSED ORDINANCE ESTABLISHING AN INDUSTRIAL STRIA TAX INCREMENT DISTRICT THEREFOR UNDER M NTANA CODE ANNOTATED TITLE 7, CHAPTER. 15, .PART 42 CITY OF KAL SPELL MON ANA NOTICE IS HEREBY GIVEN that the City Council of the City of Kalispell, Montana (the"City") will meet on November 7, 2005, on or after 7:00 o'clock p.m. in the Council Chambers at City Hall, 312 Vt Avenue East, Kalispell, Montana, for the purpose of holding public hearing to establish a Tax Increment Industrial District known as the old School Station Industrial Tax Increment District (the "& 1strict"), for the purposes of stimulating industrial growth by providing a financial mechanism to provide the necessary infrastructure support. The City is authorized by Title 7, Chapter 15, Part 42, Montana Code Annotated (the "Act"), to pass an ordinance establishing the District to assist 'n financing necessary industrial. infrastructure to encourage the attraction, growth, and retention of secondary value -adding industries. Copies of the proposed Ordinance (including a description of the boundaries of the District) may be obtained from Theresa Wbite, City Clerk, at City Hall, 312 1" Avenue East, Kalispell, Montana 59901 or by telephone at 06 75 -775 . All persons s interested may appear and be beard at said time and place or may file written notice with the County Clerk and Recorder prior to the date of the hearing set forth h.ereinabov . Dated: October 18, 2005 Y ORDER of THE CITY COUNCIL OF THE CITY of KALISPELL, MONTANA Theresa White City Clerk (Publication Dates: October 25 and November 1, 2005 f�?x�•�!f kl sf 4�fti�.rr 5 3 S i L-�ki�'4 r2yK 4Yi,#5 FW,el OLD SCHOOL STATION E li}4, kk:fim Kt. 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