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Home My WebLink About2005 - Payback Agreement - SID 684 - StreetI11111111111111111111111111111111111111111111111111111I ~~,~~r:~~, Shelley Vance-G.llatin Co MT MISC 44 00 COMMISSION RESOLUTION NO. 3908 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, CREATING A PAYBACK DISTRICT FOR SPECIAL IMPROVEMENT DISTRICT NO. 684, IMPROVEMENTS TO DURSTON ROAD BETWEEN NORTH 19TH AVENUE AND FOWLER AVENUE. WHEREAS, the City of Bozeman owns and operates a street system within its corporate limits; and WHEREAS, the City Commission has created Special Improvement District No. 684, for improvements to Durston Road between North 19th Avenue and Fowler Avenue; and WHEREAS, the County Commission chose not to adopt a joint resolution and thereby allow county properties to participate in the costs of said Special Improvement District No. 684; and WHEREAS, numerous county properties will benefit directly from the improvements but will not contribute to the costs of those improvements in the same manner that their city neighbors will; and WHEREAS, the City Commission has committed City street impact fees to cover the maximum cost of the improvements to Durston Road eligible for such funding; and WHEREAS, City residents within the boundaries of the district will pay for these improvements at the assessment rate of $0.186164 per square foot plus interest costs; and WHEREAS, the benefited properties within the county did not participate in financing the original cost of the street improvements; WHEREAS, it is appropriate and equitable that, upon annexation, those county properties that benefit from the improvements contribute to the costs of the improvements. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, that a payback district be created for Special Improvement District No. 684. Section 1 Boundaries of District. The limits and boundaries of the payback district are depicted on a map attached as Exhibit A hereto (which is hereby incorporated herein and made a part hereof) and includes all 11\\\ 11\\1 \\11\ 11111 \1\11\\ \11 1\1111\ III 1111\ \\11 \11\ ~~,~~~:~~, Shelley Vance-Gallatin Co MT MISC 76 00 1111111111111111111111111111111111111111111111111111111 ~~1~~?~~:P Shelley Vance-Gallatin Co MT MISC 76 00 the properties within the boundaries of the payback district the legal description of which is contained in Exhibit B hereto (which is hereby incorporated herein and made a part hereof), which boundaries are designated and confirmed as the boundaries of the payback district. A listing of each of the properties in the payback district is shown on Exhibit C hereto (which is hereby incorporated herein and made a part hereof). Section 2 Payback Costs. Upon annexation, the City shall calculate the amount of the payback, at the assessment rate of $0.186164 per square foot plus interest costs. The rate to be used in calculating the interest costs shall be the interest rate for the bonds for Special Improvement District No. 684. If annexation occurs during the term of the Special Improvement District, the City shall also calculate the amount that would have been paid between November 2006 and the date of annexation. That amount shall be payable on the effective date of the annexation; the remaining amount shall be spread over the remainder of the nineteen years of Special Improvement District No. 684. Section 3 Deposit of Payback Monies. All monies paid to the City under this payback district shall be deposited in the City's Street Impact Fee Fund or other account as may be established by the City Commission. Section 4 Term of Payback District. The payback district shall be created immediately upon adoption of this resolution and shall remain in effect for nineteen years from November 2006. PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 24th day of April, 2006. 1111111111111111111111111111111111111111111111111111111 ~~3~~?i~~A Shelley V.nce-Gall.tin Co MT MISC 44 00 2 - L--/ JE6 EY K~S, Mayor ATTEST: lt1sfml" 'A ",~".., f:,. '(, 'it-I, k'"" ~ I o \~~' n,ef :',:: j J :,: H II \.~, ,~~ "... ..... - ~ i ,1t;'J. ". \,~ '" ~ . Q ''\ .,' .;. 1 .. 0"'.' \.,,'1 10...... \.. l'lrJ C\.l" APPROV~ AS TO FORM: a. 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N Nw W go....a>- S o m U1U1 D 1"111111111111111111I1111111111111111111111"1111'"" ~~,1~r:~~p 4/19/06 Shelley Vance-Gallatin Co MT MISC 76 00 EXHIBIT B DURSTON ROAD SID 684 SERVICE AREA BOUNDARY DESCRIPTION: Land located in Section 2 and Section 11, Township 2 South, Range 5 Ea5.t, P.M.M., Gallatin County, Montana, lying within the lines more particularly descrihed as follows: Commencing at the northwest corner of said Section 11, the Tme Point of Beginning; Thence southerly along the west line of said Section 11 to the southwest corner of Tract 8 of Smith Subdivision; Thence easterly along the E-W 1/161h line, being the south line of: Smith SubdivisIOn, North Meadows Subdivision, Greenway Subdivision, Tract 11 filed on 53 fm page 1405, Western Subdivision, Kabel Subdivi5.ion, Tract 1, cas 1855; Thence leaving said 1/161h line and continuing along the south line of said Tract 1, cas 1855; Thence continumg easterly along the south line of West Park Manor 4th Addition, West Park Manor 3rd Addition, West Park Manor 2nd Addition, and West Park Manor 1st AddItion to the southeast corner of Lot 34 of said West Park Manor 1 st Addition; Thence northerly along the east boundary of Lots 34, 33, 32, 31, 30, 29, 28, 27, 26, 25, 24,23,22,21,20, 19, and 18 of the West Park Manor 1st Addition to northea5.t corner of said Lot 18 also being the northwest corner of Lot 17 of said West Park Manor 1 sl Addition. Thence along the north property line of said Lot 17 of West Park Manor 1 Sl Addition to the northeast corner of said Lot 17 also being the south right-of-way line for Durston Road and the west right-of-way line for North 19th Avenue; Thence northerly across the said Durston Road right-of-way to the north ri~ht-of-way line of said Durston Road and the said west right-way-line of North 191 A venue, also being the southeast corner of Lot 1 of Minor Subdivision 286; Thence along the west right-of-way line of North 19th Avenue, also being the east property line of Lot 1 of Minor Subdivision 286, and Stoneridge P,U.D. Subdivision Phase 2A, and Stoneridge P.U.D. Subdivision Phase 2B to the northeast corner of Lot 16, Stoneridge P.U,D, Subdivision Phase 2B; Thence along the north property line of Lot 16, Stoneridge P.U.D, Subdivision Phase 2B also heing the south right-of-way line of W. Stevens St. to the northwest corner of said Lot 16, Stoneridge P.U,D. Subdivision Phase 2B to the east right-of-way of Stoneridge Dr.; Thence southeasterly along the Stoneridge Drive right-of-way also being the west property line of Lot 16, the northwest property line of Lot 15, and the north property line of Lot 14, Stoneridge P.U,D, Subdivision Phase 2B, to the northwest corner of said Lot 14, Stoneridge P,U,D, Subdivision Phase 2B; Thence along the west property line of said Lot 14 Stoneridge P.U.D. Subdivision Phase 2B to the southwest corner of said Lot 14, also being the northwest corner of Page 1 of 3 1111111111111111111111111111111111111111111111111111111 ~~,1~~:~~,4/19/06 Shelley Vance-Gall.tin Co MT MISC 76 00 Lot 13, Stoneridge P,U.D, Subdivision Phase 2A and the northeast corner of Lot 12, Stoneridge P,U,D. Subdivision Phase 2A; Thence along the north property lines of said Lot 12 and Lot 11, Stoneridge P.U.D. Subdivision Phase 2A to the northwest corner of said Lot 11, Stoneridge P,U.D. Subdivision Phase 2A and the north right-of-way of Annie St.; Thence along the said north right-of-way of Annie St. to the southeast corner of Tract 2-Al, cas 1240A (Emily Dickenson School); Thence along the east property line of said Tract 2- AI, cas 1240A a distance of 104.65 feet; Thence along a line parallel to and 100 feet northerly of the said north right-of-way line of Annie St., also being the south property line of said Tract 2-A 1, cas 1240A, which is lengthened or shortened as required to terminate on the west property line of said Tract 2-A 1, cas 1240A also being the east right -of-way line of North 25lh A venue; Thence westerly acro~s North 25th A venue right-of-way to the northeast corner of Lot 10, Block 6, Durston Meadows Subdivision, Phases 4 and 5; Thence along the north property line of Lots 10,11,12,13, 14,15,16,17,18, and 19, Block 6, Durston Meadows Subdivision Phases 4 and 5, to the northwest corner of Lot 19, Block 6, Durston Meadows Subdivision Pha~es 4 and 5; Thence westerly across the North 27lh A venue right-of-way to the northeast corner of Lot 1, Block 7, Harvest Creek Subdivision - Phase 2; Thence westerly along the north property line oLLots 1,2,3,4,5,6, 7, and 8, Block 7, Harvest Creek Subdivision - Phase 2 to the northwest corner of said Lot 8, Block 7, Harvest Creek Subdivision - Phase 2 on the east right-of-way line of Buckrake A venue; Thence westerly across Buckrake Avenue to the southeast corner of Lot 28, Block 13, Harvest Creek Subdivision - Phase 2 on the west right-of-way of Buckrake Avenue also being the corner of the Harvest Creek Subdivision Phases 3 and 4 park; Thence westerly along the south property line of said Lot 28, Block 13, Harvest Creek Subdivision - Phase 2 to the southwest corner of said Lot 28, Block 13, Harvest Creek Subdivision - Phase 2; Thence across the said Harvest Creek Subdivision Phases 3 and 4 Park to the northeast corner of Lot 2, Block 21, Harvest Creek Subdivision Phases 3 and 4; Thence along the north property line of said Lot 2, Block 21, Harvest Creek Subdivision Phases 3 and 4 to the northwest corner of Lot 2, Block 21, Harvest Creek Subdivision - Phases 3 and 4; Thence across the Hunters Way right-of-way to the northeast corner of Lot 2, Block 20, Harvest Creek Subdivision - Phases 3 and 4; Thence along the north property line of Lots 2 and 1, Block 20 Harvest Creek Subdivision - Phase 3 and 4 to the northeast corner of Lot 20, Block 20, Harvest Creek Subdivision - Phases 8 and 9; Thence along the north property line of Lots 20,19, 18, 17, 16, trail right-of-way, 15, 14, and 13, Block 20, Harvest Creek Subdivision - Phases 8 and 9 to the northwest corner of said Lot 13, Block 20, Harvest Creek Subdivision - Phases 8 and 9; Thence across the Springbrook Avenue right-of-way to the northeast corner of Lot 1 Block 38, Harvest Creek Subdivision Phases 8 and 9; Page 2 of 3 111111111111111111111I111111111111111111111111111111111 ~~,1~~:~~p 4/19/06 Shelley Vance-Gallatin Co MT MISC 76 00 Thence along the north property line of Lots 1, 2, 3,4, 5, 6, and 7, Block 38, Harvest Creek Subdivision - Phases 8 and 9 to the northwest corner of Lot7, Block 38, Harvest Creek Subdivision - Phases 8 and 9; Thence across the New Holland Drive right-of-way to the northeast corner of Lot 4, Block 29, Harvest Creek Subdivision; Thence along the north property line of Lots 4, 3, 2, and 1, Block 29, Harvest Creek Subdivision - Phases 8 and 9 to the northwest corner of Lot 1, Block 29, Harvest Creek SubdiviSIOn - Phases 8 and 9 and the easterly property line of Tract 4, the E1/2, E1/2, SE1/4, Sec 3, T2S, R5E, filed on 87 FM 1984 with the Gallatm County Clerk and Recorder; Thence continuing westerly along a line parallel to and 1,157.81 feet north of the south property line of Tract 4, the E1/2, El/2, SEl/4, See 3, T2S, R5E, filed on 87 FM 1984 with the Gallatin County Clerk and Recorder and is lengthend or shortend as required to terminate on the west line of said Section 2; Thence southerly along the said west line of Section 3 also being the west property line of Tract 4, the El/2, El/2, SEl/4, Sec 3, T2S, R5E, filed on 87 FM 1984 with the Gallatin County Clerk and Recorder, to the Tme Point of Begmoing, Page 3 of 3 EXHIBIT C DURSTON ROAD SID 684 PAYBACK DISTRICT toT....L.En. prut"lLfQALoE.sc:AIP11ciN ~ :SQfT . P'A.YI;IA.CK RGG!r.tI!3 1 i,- ;~:;~~ I :::::: ~~~::::. :::. ~.~: t:-~. ~2.C7~: ~~:~z ~_ _ - 1,~~! GG~61 8~ "l5'1! WUI8l"1 Sub(h~IStOr'1 B1~( C'1._l,o?I_~~ ____ :3,02, "',, fi __ __ _. _1~,Q2~ t ~ GG7-5~:S ; S :!I~ ~ + W.gn9r~ Subt]r.IStOr'1, e;OC~ ('3, LOiI *' tJ,l.h:.: 13,050. So 80B9 : $ a~ JOO. .....f1Uflrn Subtlr.lsiOn. E!J0"..t (.3, Loll 10 t:) I)5C 13,05(1; $. ~ GGSnC' $ 11 ~-:2,,", j Wflllern SUbtll~ISICf'I. Bl()l;t C~ ~ !1 t3:C-S::: I '3 OScf S. G-C;70?5 i $, ~1.,-40F Wfl&~n Subdi~islOrl. Bl~ ~ L.oi:.'?6__ ~8.8O!Il RGCa.5SO I -",,,<,- "..'"'",."",;.~ ."..,-,'"','"'-"'---------- -- "~,",i ;:;fl' :_-RGGB960 1_ So ~_'~ : Western S-Ji;'divisiro Bl_oe~_C4. Let -eo. '1.498! !:L~ _ s. RGGB..2~ ! $ 8S.67}. ~8t.eM S-lbdivision B1ccl04, W.cs. rl.:!E3:~:iL_ '1,~. L______RGC 7 ~~ '5. 9.:~.!..'~'a3 ~ I'i~~~ s..;'M;,..i;ico'". B1o.:H4, Let tl} 11,497! 1!,!9 S- RG::i75?2 _ ~S_ 7e.oS:z5 I ~f1~t.em S~bt;I~\l1~~ ~0~~~1 - ~ _ -_-----.!~~-=-__~-_=_- It.5C9. $. 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Bozeman, MT 5-971iH1204 '~JS-iJ..J:sb:"'F,j lSozer.1at1. MT 5971oX:2<l4 5J~ [:1....~lon R~ Rd 1..of"~'S"?'lRa 5.15 N_ \!;alley;::r 9_c:"'__-s~r;l,\'~ 505N y'.alley;::r 44. N. ~'.alley;::r 5N_Va~'Cr. N_,!-3~ Dr. 101N.Va~Dr F=;).b24JJ:!1116 1.~1~KiIIl~~~~C 141781'..e!;I~ C.an :;:~ Dtlana ~ Ta,,1Io<1 50 I!;df!:1 f'!_Ta',.-IEn J<Jolveei< Rid"rror.11 iE'::l~r"'~J:'J~--3n II~rE Smilh r.;;~.A Ki~':!sct'1i__ M ::;a.te l~QI"Ip~O!1 G,bert~ S~ber a.'OI~', 5. :=>O'...-.gE isan .Jm;;-$ l::;.rICP -1o,'l:!ono?o: Willii:!;T1B Lydens A'ill13m8 L ens Kenrelh "'_ ~aJlson t.ta_')'.F T~orrpson ora~ R SIIY.IEr Salle PO'...-elI.~. iScot10 SiJ',;:.g1J- Lcws A. ~~'::la-; iLeOs -A_ -:..\~d.irs 2,267,040 136,646 2,130,394 $ 396,602,594,624,091 PAYBACK COST PER SQUARE FOOT: S 0.13616.4 H_ID4,:m5':d0c:5.''siO'P.a'f\;9ct Docs'SIO & Pa~oo.:::k Sopreadsheel Edlibils 4-19-[)6_~~10,