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Bozeman Commission to look at creating special tech district

November 1, 2012 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

The Bozeman City Commission will look at creating a special technology district to help stimulate growth for the industry.

The "tif" district is around 40 acres, just south of West College and North of Garfield, right next to the MSU Innovation Campus.

This is how the district would work: as property values grow, the money collected from the increase in value would go towards infrastructure improvements like sewer, water and sidewalks.

City officials say those improvements would allow technology businesses to grow- creating jobs and diversifying the economy.

The MSU Innovation Campus intends to expand west into the district.

By Katherine Mozzone

Full Story: http://www.nbcmontana.com/news/Bozeman-Commission-to-look-at-creating-special-tech-district/-/14594602/17234164/-/2jwagc/-/index.html

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