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Missoula County approves extra TIF funds to add ambulance bay at Bonner Mill station
Summary
The Board approved an additional $163,856.27 in Bonner Mill TIF funds to reimburse construction costs for an ambulance bay at Missoula Rural Fire District Station 4 after bids exceeded estimates; staff said the district retains over $1 million for future projects and that the request meets state and local TIF rules.
The Missoula County Board of County Commissioners unanimously approved an additional $163,856.27 from the Bonner Mill tax increment financing (TIF) district to reimburse Missoula Rural Fire District for construction of an ambulance bay at Station 4.
County staff told commissioners that bids for the project came in well above the earlier cost estimate, with the lowest construction bid at $399,359—$163,856 higher than estimated. Staff reported the Bonner Mill TIF district currently has roughly $1.63 million in cash on hand, estimated annual revenues just under $600,000, annual expenses around $427,000 and a required debt-service reserve of…
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