Downtown Bozeman Streetscape Assistance Program
Information & Grant Application
Purpose
The Streetscape Assistance Program provides property owners with reimbursement for the purchase and delivery of historic street lamps in accordance with the Downtown Streetscape Plan. The program is designed to stimulate: private investment; property redevelopment; and the improvement of public areas in the downtown urban renewal district.
Background
The Downtown Urban Renewal District Board is responsible for administering the Downtown Urban Renewal Plan pursuant to Montana Urban Renewal Law (Title 7 Chapter 15 part 42 Montana Code Annotated, “Urban Renewal”). Urban Renewal District (URD) provides a means to finance public urban renewal activities that assist and enhance private development opportunities within the district. The Downtown Urban Renewal District and URD Board were formed in 1995.
Use of Funds
According to Montana statute, Tax Increment Funds can be used for “public projects or the public portion of private projects” including:
The program rewards private entities for making substantial investments in the downtown urban renewal district by helping fund specific prescribed public streetscape improvements associated with development.
Funding Parameters
The Downtown Bozeman Streetscape Assistance Program will reimburse up to 100% of costs of streetlight purchase and delivery upon project completion according to the following parameters:
The cost upon which reimbursement will be calculated may not exceed $3673.00 (base price of $3339 plus a 10% markup allowance).
All assistance awards are contingent upon availability of URD funds and the limitations of Montana statute.
Eligibility Requirements
Application and Decision Process
Applications will be accepted and considered throughout the year. Applications will be processed on a first come first served basis.
The URD staff will provide the following supporting materials:
Pre-application meetings are encouraged so the URD staff and the applicant can collaborate on finalizing needed information, before a formal application is made.
Once an application is completed, the URD Board will accept or deny the request within 30 days. Accepted applicants will receive notification in writing.
Payment of Award
The accepted applicant must submit a copy of the receipt(s) documenting the purchase and delivery costs associated with the streetlamps. The reimbursement payment will be made to the accepted applicant within 30 days of the URD office receiving receipt documentation.
Term of Agreement
The commitment of funds is effective for 6 months from the date of signature of the development agreement, or the expiration provisions in the MCA urban renewal statutes, whichever comes first. If no work has started during the term of the agreement the funding commitment will be terminated.
DISCLAIMER:
Neither the Downtown Bozeman Partnership LLC, nor the Downtown Urban Renewal District Board, nor its affiliates shall be responsible for the planning, design, or construction of improvements to property that is owned by the applicant. No warranties or guarantees are expressed or implied by the description of, application for, award of or participation in the Downtown Streetscape Assistance Program. The applicant is advised to consult with the City of Bozeman, licensed architects, engineers, or building contractors before proceeding with final plans or construction.