HomeMy WebLinkAbout09-16-19 City Commission Packet Materials - A6. Res 4985, Special Assessment Levy for SID 750 for North Tracy Ave
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Kristin Donald, Finance Director
SUBJECT: Commission Resolution No. 4985 – Special Assessment Levy for Special
Improvement District No. 750 for Local Improvements to North Tracy
Ave.
MEETING DATE: September 16, 2019
AGENDA ITEM: Action
RECOMMENDED MOTION: I hereby move to adopt Resolution No. 4985 levying a special
assessment upon benefitted properties within Special Improvement District No. 750.
BACKGROUND:
The City Commission created Special Improvement District No. 750 on March 4, 2019 for the
purpose of undertaking certain local improvements to North Tracy Avenue and financing the costs
thereof. Adoption of Resolution 4985 will levy the assessment upon all benefited properties
located within the District, using as a basis of assessment the lot frontage method as described in
the Resolution No. 4983, Resolution of Intent to Create Special Improvement District 750. Notice
of this hearing, at which objections to the adoption of Resolution 4985 will be heard, was published
and mailed to the owners of property within the Districts in accordance with 7-12-4177, Montana
Code Annotated.
Special assessments are collected in the same manner and at the same time as assessments, and are
payable in two installments, one-half on or before November 30 of each year; and one-half on or
before May 31 of the following year.
485
ALTERNATIVES: As suggested by the City Commission.
FISCAL EFFECTS: Resolution No. 4983, the Resolution of Intent to Create SID 750 estimated
the total cost of the Improvements to be $447,000, with the District’s share of the cost of the
Improvements to be 50% of the total, or $223,500 plus $1000.00 in incidental costs. The actual
total cost of the Improvements is $388,689.00, making the District’s share of the cost of
Improvements $195,344.50 inclusive of incidental costs. In accordance with Resolution 4983,
special assessments for the District’s share will be payable over a term not exceeding twenty (20)
years, in equal semi-annual installments as described above. Property owners have the right to
prepay assessments. The property owners’ total principal amounts and estimated annual
assessment amounts are shown in Exhibit A to Resolution 4985.
Attachment: Resolution No. 4985
Report compiled on September 9, 2019
486
Page 1 of 3
RESOLUTION NO. 4985
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN
LEVYING A SPECIAL ASSESSMENT UPON ALL PROPERTY SITUATED WITHIN
SPECIAL IMPROVEMENT DISTRICT NO. 750 IN THE TOTAL AMOUNT OF
$195,344.50 TO DEFRAY THE COST OF MAKING THE IMPROVEMENTS IN SAID
SPECIAL IMPROVEMENT DISTRICT PURSUANT TO RESOLUTION NUMBER 4983
CREATING THE DISTRICT.
WHEREAS, the City Commission of the City of Bozeman, Montana did create Special
Improvement District 750 (the “District”) and thereby ordered and directed to be made within the
District improvements as specified in Resolution No. 4984 (the “Improvements”); and
WHEREAS, the actual cost of said Improvements to be assessed against the properties
within the District amounts to the sum of $388,689.00 of which $195,344.50 including incidental
expenses of $1000.00 (the “District's Share of the Improvements”) is to be paid over a period of
twenty (20) years by property located within the District; and
WHEREAS, the properties located in the District are to be assessed bi-annually to
defray the District’s Share of the Improvements; each lot, tract, piece, or parcel of land to be
assessed for its proportionate share of the whole of the District’s Share of the Improvements based
on the formula as set forth in the resolution of intent to create the District; and
WHEREAS, the City Clerk published notice of resolution for levy and assessment in
the Bozeman Daily Chronicle on August 25, 2019 and September 1, 2019 and sent mail notices to
the owners of each lot, tract, or parcel of land to be assessed in accordance with 7-12-4177, MCA;
and
487
Resolution No. 4985, Resolution to Levy a Special Assessment on Property Located in SID 750
Page 2 of 3
WHEREAS, the City Commission conducted a public hearing on the resolution for levy
and assessment September 16, 2019 in accordance with 7-12-4178, MCA.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana as follows:
Section 1
To defray the costs and expense of making said improvements in the District, the City of
Bozeman hereby levies and assesses a tax upon all property situated within the District in the
respective amounts listed on Exhibit A attached, which is hereby incorporated herein and made a
part hereof. The special assessments for the costs of the Improvements shall be levied and assessed
in accordance with the method of assessments referred to in the resolution of intention. Such
assessments shall be payable over a term not exceeding twenty (20) years, each in substantially
equal semiannual payments of principal and interest. The special assessments shall bear interest
from November 1, 2019 until paid at an annual rate of 2.5%. Property owners shall have the right
to prepay the special assessments as provided by law.
Section 2
The Commission hereby ratifies and confirms that the assessment of costs of the specific
Improvements against the property benefitted thereby as prescribed by the resolution of intention
is equitable and in proportion to and not exceeding the special benefits derived from the
Improvements by the parcel to be assessed therefor within the District, and the special assessments
authorized by this resolution are in accordance with the methods and do not exceed the amounts
prescribed by the resolution of intention.
Section 3
The assessments for the District which are listed in the City Treasurer’s assessment book
are due and payable to the City Treasurer of the City of Bozeman and will become delinquent at 5
488
Resolution No. 4985, Resolution to Levy a Special Assessment on Property Located in SID 750
Page 3 of 3
p.m. on November 30th and May 31st of each year until they are paid in full.
Section 4
This resolution shall be kept on file in the office of the City Clerk and shall be open to
public inspection.
PASSED, ADOPTED, AND APPROVED by the City Commission of the City of
Bozeman, Montana, at a regular session thereof held on the 16th day of September, 2019.
___________________________________
CYNTHIA L. ANDRUS
Mayor
ATTEST:
____________________________________
ROBIN CROUGH
City Clerk
APPROVED AS TO FORM:
___________________________________
GREG SULLIVAN
City Attorney
489
EXHIBIT A
Property Address Property Owner Property Owner #2 Mailing Address City State Zip Parcel #Legal Description
Assessable Lot
Frontage
Total Assement
Amount
Estimated
Annual
Assesment
519 N Tracy Ave Murphy, William 519 N Tracy Ave Bozeman MT 59715-3530 RGH5871 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 1, Lot 1 - 2 46 5,534.04$ 354.99$
517 N Tracy Ave Champe, Charles G Haller, Ann H 517 N Tracy Ave Bozeman MT 59715-3530 RGH5870 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 1, Lot 3 - 4 50 6,015.26$ 385.86$
515 N Tracy Ave Champe, Charles G Haller, Ann H 515 N Tracy Ave Bozeman MT 59715-3530 RGH5872 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 1, Lot 5 - 6 50 6,015.26$ 385.86$
511 N Tracy Ave Sandiland, Douglas S Trust McConnell, Mike Trustee 511 N Tracy Ave Bozeman MT 59715-3530 RGH5328 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 1, Lot 7 - 8 50 6,015.26$ 385.86$
505 N Tracy Ave Boik, Robert J & Barbara L 505 N Tracy Ave Bozeman MT 59715-3530 RGH5072 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 1, Lot 9 - 10 50 6,015.26$ 385.86$
501 N Tracy Ave Robinson, Karen & Chris Grein, Jamie 501 N Tracy Ave Bozeman MT 59715-3530 RGH2327 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 1, Lot 11 - 12 50 6,015.26$ 385.86$
2 E Peach St Tita, George E & Lisa Ann 1 McClintock Ct Irvine CA 92617-4046 RGH4549 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK F, Lot 11A 60.7 7,302.53$ 468.44$
518 N Tracy Ave Sickler, Peter 518 N Tracy Ave Bozeman MT 59715-3531 RGH5009 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK F, Lot 13 45 5,413.74$ 347.28$
514 N Tracy Ave Marcinek, Matthew Easton, Lisa 514 N Tracy Ave Bozeman MT 59715-3531 RGH6378 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK F, Lot 15, S2 lot 14 45 5,413.74$ 347.28$
512 N Tracy Ave Todd, Melissa Nixon, Clive 512 N Tracy Ave Bozeman MT 59715-3531 RGH2789 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK F, Lot 16, N 20' lot 17 50 6,015.26$ 385.86$
506 N Tracy Ave Hannon, Sally Anona Trust 506 N Tracy Ave Bozeman MT 59715-3531 RGH1821 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK F, Lot 18, S 10' Lot 17 50 6,015.26$ 385.86$
502 N Tracy Ave Walk, Seth & Heather 502 N Tracy Ave Bozeman MT 59715-3531 RGH6128 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK F, Lot 20, s 20' Lot 19 50.69 6,098.27$ 391.19$
439 N Tracy Ave Minor, Mary Kay 439 N Tracy Ave Bozeman MT 59715-3528 RGH1549 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2, Lot 1 - 2 63 7,579.23$ 486.19$
433 N Tracy Ave Jelinski, John B & Jane Mary 433 N Tracy Ave Bozeman MT 59715-3528 RGH3631 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2 74.91 9,012.07$ 578.10$
427 N Tracy Ave Dowdin, Lawrence &Bateson, Mary 427 N Tracy Ave Bozeman MT 59715-3528 RGH5087 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2, Lot 6 - 8 75 9,022.90$ 578.79$
423 N Tracy Ave Wolfe, Chaundera &Gentner, Jesse 423 N Tracy Ave Bozeman MT 59715-3528 RGH1269 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2, Lot 9 - 10 50 6,015.26$ 385.86$
415 N Tracy Ave Raven Assets LLC 11 E Lamme St Bozeman MT 59715-3614 RGH2870 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2, Lot 11 - 13 75 9,022.90$ 578.79$
411 N Tracy Ave Comarratta, Mark &Kathleen 405 S Tracy Ave Bozeman MT 59715-5277 RGH5190 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2, Lot 14 - 15 N 7' lot 16 57 6,857.40$ 439.88$
405 N Tracy Ave Lori Martindale 200 Lower School Rd Belgrade MT 59714-8478 RGH5052 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2, Lot 17 - 18 S 18' LOT 16 68 8,180.76$ 524.77$
403 N Tracy Ave Jermyn, Casey 403 N Tracy Ave Bozeman MT 59715-3528 RGH4333 BEALLS 3RD ADD, S07, T02 S, R06 E, BLOCK 2, Lot 19 - 20 50 6,015.26$ 385.86$
440 N Tracy Ave Tuttle, Barbara K &P. Randall 10388 Dustin Rd Remsen NY 13438-4240 RGH6702 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, LOTS 19 & 20 60.14 7,235.16$ 464.11$
434 N Tracy Ave Reach Inc 322 Gallatin Park Dr Bozeman MT 59715-7909 RGH5054 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, Lot 21 - 22 60 7,218.32$ 463.03$
430 N Tracy Ave Wittie, Kasia & Larry 430 N Tracy Ave Bozeman MT 59715-3529 RGH1686 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, Lot 23 - 24 60 7,218.32$ 463.03$
426 N Tracy Ave Maxfield Kate Trust 1503 Clifton St Santa Barbara CA 93103-2878 RGH4201 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, Lot 25 - 26 60 7,218.32$ 463.03$
422 N Tracy Ave Messer, Ishmael Cager Barrell, Karla Jean 422 N Tracy Ave Bozeman MT 59715-3529 RGH5302 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, Lot 27, N 20' LOT 28 50 6,015.26$ 385.86$
416 N Tracy Ave Visscher, Anna S Davis, Edward Kent Jr 416 N Tracy Ave Bozeman MT 59715-3529 RGH5019 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, Lot 29, S 10' LOT 28 40 4,812.21$ 308.69$
414 N Tracy Ave Hainsworth, Pamela Cowan, Jay 414 N Tracy Ave Bozeman MT 59715-3529 RGH5189 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, Lot 30 43.3 5,209.22$ 334.16$
402 N Tracy Ave Eckenrod, Brian J 402 N Tracy Ave Bozeman MT 59715-3529 RGH2396 BEALLS 2ND ADD, S07, T02 S, R06 E, BLOCK E, Lot 32 - 35 140 16,842.74$ 1,080.41$
Totals 1623.74 195,344.50$
50% share 195,344.50$
$ / foot 120.31$
Total Annual payment 12,530.79$
$ / foot 7.72
490