Bozeman Parks Exceeding 2012 Funding

In order to address Bozeman’s fast paced growth, the city has been hard at work to continue adding and enhancing the recreational parks in the area. Most of the funding has come from a 15 million dollar bond that passed in 2012. Unfortunately, as more visitors have taken up permanent residency in Bozeman, it appears that funding will fall short for the 6 major projects on Bozeman’s agenda.

The projects include the Bozeman Sports Athletic Complex, the Front Street Connector Trail, the Pass to the M, the Bozeman Pond Park expansion, the Bozeman creek work at Bogert park and the Story Mill Community Park Project.

Most of these projects are in the early design stages, but in order to have useful facilities for a growing populace, the city has already started work towards gaining additional funding through bonds, grants and donations.

A majority of Bozeman’s real estate activity since the recession has taken place from 2012 and on. Bozeman may ask for another bond to help address the growth and properly fund these projects, based on a more accurate city population.

The Story Mill Park project received 5 million dollars in bonds, but will probably end up costing closer to $10 million while the Sports Complex received 7 million in funding, but will probably tally closer to $20 million. Story Mill Park did recently receive a $75,000 dollar grant from local banks in the area recently.

Bozeman residents have been very good about passing new bonds, something they have been recognized for by community ranking organizations. However, if future bonds do not pass, the city will work on creating partnerships with outside organizations to help fund the projects.

 

Source:  http://www.nbcmontana.com/news/Bozeman-Parks-and-Rec-projects-exceeding-initial-costs/36266770

 

 

 

Hart Real Estate Solutions

www.hart.realtor

406.585.0000

Hart Real Estate Solutions Bozeman Montana


  

 

Comment balloon 0 commentsHart Real Estate Solutions • December 15 2015 09:53AM
Bozeman Parks Exceeding 2012 Funding
share
In order to address Bozeman’s fast paced growth the city has been hard at work to continue adding and enhancing the recreational parks in the area. Most of the funding has come from a 15 million dollar bond that passed in 2012. Unfortunately, as… more
Gallatin County Ranks 1st in State for Overall Economic Investment
share
The Gallatin County continues to grow in population and economic prosperity According to a report published by a New York financial tech company, Smart Asset, the county ranks first in the state for overall economic investment ( click here to… more
Bozeman's New "Midtown" Gets Started
share
Bozeman has gone forward with plans to input a new urban renewal district on the North 7th area to beautify and densify the district. The area, now rebranded as Midtown or Midtown Bozeman, has struggled with its lack of connection to the other parts… more
Building on Bozeman Main Street Renovated and Open for Business
share
An older building on the corner of Grand and Main Street in Bozeman finished their renovations in late October and is once again open for business. The building, known as the Dutton Building, sits near the entrance into Bozeman and will help add… more
Bozeman Commission Passes Inclusionary Zoning Plan
share
After nearly a year of discussion and research from residents, consultants and builders alike, and after a voted delay in September the Bozeman City Commission decided to move forward with a two-stage plan to help lower home values in Bozeman … more
Bozeman Schools Gain 1, 000 Students Over 6 Years
share
If anyone needed additional proof of Bozeman’s growth and the growth of its schools October’s official enrollment count from the Bozeman School District showcased that growth in the last few years. Since 2009, Bozeman schools have risen from an… more
Study Recommends Bozeman Montana Update Historic District Regulations
share
A study commissioned by the City of Bozeman in April has concluded that the city should reconsider the intensity of its regulations in its Conservation Overlay District. Downtown residents within the district, currently have to apply for a… more
Bozeman Montana School Expansion Bond Passes
share
The Bozeman School district received great news from the Bozeman community on November 3rd, when voters passed 21. 5 million dollars worth of bonds to expand both the Hawthorne Elementary School and Sacajawea Middle School Now, district officials… more
Bozeman Commissioners Use Eminent Domain for Traffic Improvement
share
After flirting with eminent domain for the second time in a year this time, commissioners approved and will move forward with plans to use eminent domain to acquire an easement at the corner of Davis and Baxter Lanes. The city has been trying to… more
Bozeman Outpaces All Montana Cities in Utility Hook Ups
share
Bozeman and neighboring towns within the greater Bozeman district have outpaced all other Montana cities in utility hook up orders in 2015. As new utility hook ups are one of the best ways to measure a town’s growth, its clear the Gallatin Valley is… more