HomeMy WebLinkAboutResolution 3382 Intent to create SID 668, sewer
COMMISSION RESOLUTION NO. 3382
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, RELATING TO SPECIAL IMPROVEMENT DISTRICT NO. 668;
DECLARING IT TO BE THE INTENTION OF THE CITY COMMISSION TO
CREATE AN EXTENDED SPECIAL IMPROVEMENT DISTRICT NO. 668 FOR
THE PURPOSE OF UNDERTAKING ACQUISITION OF CERTAIN LOCAL
IMPROVEMENTS AND FINANCING
THE COSTS THEREOF AND
INCIDENTAL THERETO THROUGH THE
ISSUANCE OF SPECIAL
IMPROVEMENT DISTRICT BONDS SECURED BY THE CITY'S SPECIAL
IMPROVEMENT DISTRICT REVOLVING FUND.
BE IT RESOLVED by the City Commission of the City of Bozeman (the "City"),
Montana, as follows:
Section 1. Pro Dosed Imorovements: Intention To Create District. The City proposes
to acquire certain existing local improvements (the "Improvements") to benefit certain
property located in the City. The Improvements consist of sewer improvements, including
the engineering design, construction, inspection and engineering certification of sewer trunk
mains of various diameters, ranging from 8 inches to 21 inches, extending from the existing
Valley Unit Trunk sewer main within the Valley West Annexation, as more particularly
described in Section 5. The total estimated costs of the Improvements are $720,000.00.
The costs of the Improvements are to be paid from the special improvement district bonds
hereinafter described. It is the intention of this Commission to create and establish in the
City under Montana Code Annotated, Title 7, Chapter 12, Parts 41 and 42, as amended, a
special improvement district (the "District") for the purpose of financing costs of the
Improvements and paying costs incidental thereto, including costs associated with the sale
and the security of special improvement district bonds drawn on the District (the "Bonds"),
the creation and administration of the District, and the funding of a deposit to the City's
Special Improvement District Revolving Fund (the "Revolving Fund"). The total estimated
costs of the Improvements, including such incidental costs, to be financed by the Bonds are
$720,000.00. The Bonds are to be payable primarily from special assessments to be levied
against property in the District, which property will be specially benefitted by the
Improvements in an amount not less than $720,000.00.
Section 2. Number of District. The District, if the same shall be created and
established, shall be known and designated as Special Improvement District No. 668 of the
City of Bozeman, Montana.
Section 3. Boundaries of District. The limits and boundaries of the District are
depicted on a map attached as Exhibit A hereto (which is hereby incorporated herein and
made a part hereof) and more particularly described on Exhibit B hereto (which is hereby
incorporated herein and made a part hereof), which boundaries are designated and confirmed
as the boundaries of the District. A listing of each of the properties in the District is shown
on Exhibit C hereto (which is hereby incorporated herein and made a part hereof).
Section 4. Benefitted Prooertv. The District and territory included within the limits
and boundaries described in Section 3 and as shown on Exhibits A and B are hereby declared
to be the extended special improvement district and the territory which will benefit and be
benefitted by the Improvements and will be assessed for a portion of the costs of the
Improvements as described in Section 1. The Improvements, in the opinion of this
Commission, are of more than local and ordinary benefit. The property included within said
limits and boundaries is hereby declared to be the property benefitted by the Improvements.
Section 5. The Imorovements. The District will acquire the following sewer
improvements: engineering, design, construction, inspection, and engineering certification
and installation and construction of a sanitary sewer trunk main from the existing Valley Unit
Trunk sewer at Oak Street to Flanders Mill Road, in Flanders Mill Road to Durston Road, in
Durston Road to Cottonwood Road, in Cottonwood Road to Babcock Street; sanitary sewer
lateral mains in Durston Road from Ferguson Road to Cottonwood Road, in Babcock Street
from Ferguson Road to Cottonwood Road, and in Cottonwood Road from Auto Plaza Drive
to Babcock Street, including trench excavation, backfill, bedding material, sanitary sewer
lines, manholes, fittings, service line stubs and other necessary appurtenances, in the City
of Bozeman, Montana (the "Improvements").
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Section 6. Engineer and Estimated Cost. Morrison-Maierle shall be the engineer for
the District. The Engineer has estimated that the costs of acquiring the Improvements,
including Revolving Fund, administrative fees and all other incidental costs, to be
$720,000.00. The Improvements are currently owned by Valley West L.L.C. The purchase
price of the Improvements shall not exceed $634,862.38.
Section 7. Assessment Methods.
7.1. ProDertv To Be Assessed. All properties within the District
are to be assessed for a portion of the costs of the Improvements, as
specified herein. The costs of the Improvements shall be assessed against
the property in the District benefitting from the Improvements, based on
the area method of assessment described in Section 7-12-4162, M.C.A.,
as particularly applied and set forth in this Section 7.
7.2. Assessable Area.
All properties in the District will be
assessed for their proportionate share of the costs of the Improvements.
The total estimated cost of the sewer improvements is $720,000.00 and
shall be assessed against each lot, tract or parcel of land in the District for
that part of the costs of the Improvements that the area of such lot, tract
or parcel bears to the total area of all lots, tracts or parcels of land in the
District, exclusive of streets, avenues and alleys. The total area of the
District to be assessed is 19,997,524.80 square feet. The costs of the
Improvements per square foot of area, exclusive of interest, shall not
exceed $0.036004. The assessment for each lot, tract or parcel of land
for the Improvements is shown on Exhibit C hereto.
7.3. Assessment Methodoloaies Equitable and
Consistent with
Benefit. This Commission
hereby determines that the method of
assessment and the assessment of costs of the specific Improvements
against the properties benefitted thereby as prescribed in this Section 7 are
equitable and in proportion to and not exceeding the special benefits
derived from the respective Improvements by the lots, tracts and parcels
to be assessed therefor within the District.
Section 8. Pavment of Assessments. The special assessments for the costs of the
Improvements shall be payable over a term not exceeding nineteen years, each in equal semi-
annual installments of principal, plus interest, or equal semi-annual payments of principal and
interest, as this Commission shall prescribe in the resolution authorizing the issuance of the
Bonds. Property owners have the right to prepay assessments as provided by law.
Section 9. Method of Financina: Pledge of Revolving Fund: Findings and
Determinations. The City will issue the Bonds in an aggregate principal amount not to
exceed $720,000.00 in order to finance the costs of the Improvements. Principal of and
interest on the Bonds will be paid from special assessments levied against the property in
the District. This Commission further finds it is in the public interest, and in the best interest
of the City and the District, to secure payment of principal of and interest on the Bonds by
the Revolving Fund and hereby authorizes the City to enter into the undertakings and
agreements authorized in Section 7-12-4225, Montana Code Annotated, in respect of the
Bonds.
In determining to authorize such undertakings and agreements, this Commission has
taken into consideration the following factors:
(a) Estimated Market Value of Parcels.
The estimated market
value of the lots, parcels or tracts in the District as of the date of adoption
of this resolution, as estimated by the Gallatin County Assessor' Office for
property tax purposes, as well as the estimated market value of the lots,
parcels, or tracts after the Improvements have been completed, as
estimated by Morrison-Maierle, Inc., based on the current market values of
the properties for property tax purposes, are set forth in Exhibit C hereto,
which is hereby incorporated herein and made a part hereof. The special
assessments to be levied under Section 7 against each lot, parcel or tract
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in the District is less than the increase in estimated market value of the lot,
parcel or tract as a result of the construction of the Improvements.
(b) Diversitv of ProDertv OwnershiD. Of the
21 lots, parcels or
tracts in the district, approximately 18 lots, parcels or tracts are vacant.
In one instance, 4 lots, parcels or tracts are held by one owner,
representing 49.10 percent of the total area upon which costs are being
assessed. In another instance, 3 lots, parcels or tracts are held by one
owner, representing 28.66 percent of the total area upon which costs are
being assessed. In another instance, 8 lots, parcels or tracts are held by
one owner, representing 3.33 percent of the total area upon which costs
are being assessed. All of the six remaining lots, parcels, or tracts in the
district are owned by separate or different individuals or corporations.
(c) ComDarison of Soecial Assessments and ProDertv Taxes and
Market Value. The estimated market value of the lots, parcels or tracts in
the district exceeds the sum of the delinquent property taxes and current
property taxes. There are no mortgage backed bonds and no outstanding
SID assessments on the property within the district.
(d) Delinauencies. As noted in Subparagraph c above, there are
no delinquent outstanding special assessments against the property in the
district. There are, however, a total of $677.51 in delinquent property
taxes. The estimated market value of the lots, parcels or tracts in the
district exceeds the sum of the delinquent and current property taxes and
outstanding special assessments.
(e) The Public Benefit of the Imorovements. The public benefit
resulting from the improvements will be the provision of central, publicly-
owned sanitary sewage collection and treatment for the service area as it
is developed at urban densities in conformance with the City's Master Plan
and zoning designations.
(f) Newlv Platted Subdivision. The district includes
newly
annexed lands, known as the Valley West Annexation; and subdivision of
this property has received preliminary plat approval. The Improvements
have already been constructed without any significant financial problems.
The property owners are not contributing to the costs of the Improvements,
other than through the assessments to be levied against their land, nor are
they providing any security to secure payment of special assessments
levied in the district.
Section 10. Public Hearina: Protests. At any time within fifteen (15) days from and
after the date of the first publication of the notice of the passage and approval of this
resolution, any owner of real property within the District subject to assessment and taxation
for the cost and expense of acquiring the Improvements may make and file with the Clerk
of the Commission until 5:00 p.m., M.D.T., on the expiration date of said 15-day period
(August 31, 2000), written protest against the proposed Improvements, or against the
extension or creation of the District or both, and this Commission will at its next regular
meeting after the expiration of the fifteen (15) days in which such protests in writing can
be made and filed, proceed to hear all such protests so made and filed; which said regular
meeting will be held on Tuesday, the 5th day of September 2000, at 7:00 p.m., in
Commission Room of the Municipal Building, 411 East Main Street, Bozeman, Montana.
Section 11. Notice of Passaae of Resolution of Intention. The Clerk
of the
Commission is hereby authorized and directed to publish or cause to be published a copy of
a notice of the passage of this resolution in the Bozeman Daily Chronicle, a newspaper of
general circulation in the county on August 16 and August 23, 2000, in the form and
manner prescribed by law, and to mail or cause to be mailed a copy of said notice to every
person, firm, corporation, or the agent of such person, firm, or corporation having real
property within the District listed in his or her name upon the last completed assessment roll
for state, county, and school district taxes, at his last-known address, on or before the same
day such notice is first published.
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PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana,
at a regular meeting thereof held on the 7th day of August 2000.
MAR~~~Yor
ATTEST:
~J~
RD IN L. SULLIVAN
Clerk of the Commission
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COMMISSION RESOLUTION NO. 3382
Intent to create SID No. 668 - improvements consist of sewer improvements, including
the engineering design, construction, inspection and engineering certification of sewer trunk
mains of various diameters, ranging from 8 inches to 21 inches, extending from the existing
Valley Unit Trunk sewer main within the Valley West Annexation.
Parcel Name and MailinQ Address DescriDtion
A Paradigm Properties Portion
of SE%, SE%,
1 71 5 Kenyon Drive Section 9,
Bozeman. Montana 59715 cas No. 1005
B Joseph C. Billion J.C.
Billion Auto Plaza
Susan P. Billion Subdivision
105 Silverwood Drive Block 1, Lot
1
Bozeman. Montana 59715-9276
C. 0, E, F. G. Billion Family Limited Partnership J.C.
Billion Auto Plaza
H,J 105 Silverwood Drive Subdivision
Bozeman, Montana 59715-9276 Block 1, Lots 2, 3 4
Block
2, Lots 1 A, 4
Block
3, Lots 1, 3
K RD Holding Co. cas No. 1846. Tract
1
230 Coronado Road
Corrales. New Mexico 87048-9522
L, M, N. 0 Valley West
cas No.1 005B. Tracts 4, 5
% Rick Barber and Parcel A-1
3599 Sourdough Road cas No.1 005C.
Tract 3A
Bozeman. Montana 59715
R Norton Ranch. Inc. Portion
of NE%, SE%.
8459 Huffine Lane Section 9
Bozeman. Montana 59718-9421 cas No. 1005
T,V Michael W. Derlaney cas No. 1872.
Tract B
Ileana Indreland cas No. 1846. Tract
2
101 East Main Street
Bozeman. Montana 59715-4795
U Oxford Trust
cas No. 1872. Tract A
Delaney & Co., Inc.
101 East Main Street
Bozeman. Montana 59715-4795
GG The Vector Group. LLC cas No. 1610.
Tract A
125 West Mendenhall Street
Bozeman, Montana 59715
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I Richard J. Wiersma
J.C. Billion Auto Plaza
Kathy R. Wiersma
Subdivision
10400 Churchill Road
Block 3, Lot 2
Manhattan, Montana 59741-8416
S Douglas Lance Smith EY2
, W%, SE14, Section 3,
James E. Esperti
T2S, R5E
Jeffrey P. Radick
P.O. Box 7302
Bozeman, Montana 59771-7302
This is to certify that I did personally mail, on the 11 th day of August 2000, postage
prepaid, a copy of the attached Notice in Re to the foregoing owners in Special Improvement
District No. 668.
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ROBIN L. SULLIVAN
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Clerk of the Commission
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VALLEY WEST SlO. BOUNDARY FOR SEWER I~ROVEMerrS
""""'"
L" """"" ,,-
Valley West s. LD_ Boor.OOiy fl}r "Se-w.pr Imprc\'ements
u r4l9'sn "\Ir .J2r
U N8'7Q.~"t 1:0.122'
U SII}'.100:'oq.... &1....24'
The legal Descrip~;oo Gf th~ lIeUey Wes~ S.tD. Bo-uod-ar'f fo-,.- Sewer Improy.emefll-s i-s: os
" N39"~If'55"'[ 147.31-
" sag-')S'2'St: 4"5.{J1.
!ollo....S::
L6 9:)rl}6"06..... 40!'1.00'
" '58'J'S9'2s:1 600.00'
I 'jf-:) t rods .of I(lr.d located ;n portion'S of Se,dions 3. 9- on-d 10" Township 2 -South, Ra n9'E' 5
.. N(U'06'OO""r -'~.oo'<
East. P .M.tJ _. C.t'~ of B-o lemOf'l. U::;ntono" bei"q more P<Jrlic UID r~y de-s.cribed as io1lo....s:
" ~7'oo"W nof
". 'S15~'49..." 4l.1f
Tmd 1
'" "589""57"CQiII' ,...]4'
'" N,M'Oti--<<'" 4..2}"
t1
'" S89"5-1"08'" 459:96-
-Commenc in 9 iJt ! he flortheasl comer of SGid Se.dion. 9. a~ bei ng the north....-e'St corroer of -sa.id
L" SrS"'54.:53"" 41.10'
Sec-lion 10. and lrFj~ Po.ir..t of 8eg.iMtn9:
Th.en.ce aJong th e Nor\h Li.....e .of said $.ection 10. Sout h 89"59' 2 5 ME iJst 0 di s:tor..ce of 4 5_0 ~ feet;.
",,"
Thence Ie-o....ing said Nor1h li(le of Se-dion 10. S0uth OrO:J5'OS- Woes:t iJ -d;s~.;J-noe Qf 408.00 feet:
~()f~ Tnence South 89"S9'25M [Qsl 0 disfonce of 600.00 feet
n/2. sn/-, -s:....::1"o<> 4.
12007 Thence fio'l1;TI 01"OS'(1fr [ost iJ dis~-aonce of 408.00 r-ee-t, to '$(lid North 1i'lle. cf Secl"ion. 1D;
kss c~=t~ 0'f~f!155
~J.S-~
Thefic-e olon:g s-aid Ncrth. line of Sedlon 1 0, 'Soo~h "89"59"2 5 ~ fast .0 disl<J neB of 621.40 '~et;
.(',,""f>;;(:'t..()fS"
~
Jor>e.!J.j".s~
Ir.J[l2"
9o......~1IOK.S T....e1lce- f.ea...ing 5-;J(,j t.lorlh I<ne or Section 1-0, South 00"09 "34- W-est (J dista:ll'Ce- of 69854
feet
~H.hIrNCQrf
"'1/2. 5Wr/~ 5=1ia" 3
.,.1<-"'CA(s....
Th€'f1-:e- North 88'30'24 R East IJ dist(U1(:"-E! of 639_07 te-el;
-'-"'I1UfH..~
""""'~"'"
~:tri~IICI!I:~
Ce'l""t1'~t~ {)f Sun--ey
Thence Nortn oa-1O'J~ M We-st 0 dis:tana of 881.78 feet. to 'Said North. tine of SedOon 10;
flJ(J]
C-erlificq~OF~
Th-er1ce -aia-ng soia Nortt. li:-.e .of Section 10. SooU.. 8g.59'25~ E.;J'St a di'$tooce of 738.56 fe--et,
:?f~~
I""
rrocl2E
lo the- NodtJ I /4 -corno;;;-r Gf wid $-ection 1-0;
"88" l~~t:o~~=ee
Tf1.el1ce aiong the North-Sooth mid-section lin~ of said Section 10, South 00"28'03" West 1J
EV2.. w1/.z ~ di
-stonce- (If 5209.:51 feet lo the Nortt. ngM-of-woy o~ Highway 191:
1il'r/2. wr/2. S'V/4.
ihenoe ~hfOUgh 1ht> folio...-inq. ei.ght {S) C"OLIfS€S ol-ong said right-of-\lnJY;
Secrron J ~ ItIlncr
"'6"",".,>>< s:ut.:r~ 1253
'753 -CerliEco1~OF~
(1) Tnenc-e Sou-tn 89"5TDO~ W-esl Q di'S-tonce m 73.03 feet:
(;Nisi" I~ Kmg lucz
l~ry,1I'" ~-:!Su~
(2) Ihenc-e 'South 75"54'49" We'9t 0 drs.tan-ce' of 4-1.23 f-eeL
r 9O~5~/W
IU1TO......<cR('5-
(3) Thence 'South 89"'57"00" West a distol'\Ce of 19.74 f.eet;
1!1i~t~
"'~
W"2S-"t
(4) Thence 'SQuth Cl9"51'OB~ Wes.t a dis:tance of 1 500.38 f ee-t:
"""TON
N8-'1-1-t[}.4"{ IBls.se:
, 3.:!:I.SI5'
(5) 1hence Horth 7:6"06'44" West 0 di-s:tan<:e cf d; 1.2'3 r.eet;
c~r;fic.ut~ Of s......-..=y
"''''"'''
(6) Iheoc-e '5<HAh 89"5' '08~ Wesl a -dislmKof: of 459.86 f.eet;
,r829
l<rr'>dDr:x:u.~=Spe<ckn'~1.
IIOO5C
rn.tcffJ CI
(7) Th-ence s.o-u~h 75"5..f}.8.~ West {I dist;Qflc€ of 41. iO f~t;
.c-vtlr~ ()f 5o:.n-ey
T.I'b!Icr Jo!I
. j,H~~~ >EV..:xc-1'>:w> J
I'''''''''
It..<.:.lEY Wf$1" LLC.
~c~~. -c-'I!rlif.';:-q.tl!'.()f~
(8) Thf"l'<:e So-ulh 8,9"26'15M West 1J -distance 'Of '823.64 fe-ei;
~7_1'Q ~~
~1.J{)2
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The,u:-e leaWn.g said Nvrlh rig1lt-of-.....o)' line Qf Highwa)' 191" NoJ!h OO"-40'15~ Easl a
J60 flAHCH CORe
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EXHIBIT B
Valley West S.I.D. Boundary for Sewer Improvements
The Legal Description of the Valley West S.I.D. Boundary for Sewer Improvements is as
follows:
Two tracts of land located in portions of Sections 3, 9 and 10, Township 2 South, Range
5 East, P.M.M., City of Bozeman, Montana, being more particularly described as follows:
Tract 1
Commencing at the northeast corner of said Section 9, also being the northwest corner of
said Section 10, and True Point of Beginning;
Thence along the North line of said Section 10, South 890 59'25"East a distance of 45.01
feet;
Thence leaving said North line of Section 10, South 01 006'08" West a distance of 408.00
feet;
Thence South 89059'25" East a distance of 600.00 feet;
Thence North 01 006'08" East a distance of 408.00 feet, to said North line of Section 1 0;
Thence along said North line of Section 1 0, South 89059'25" East a distance of 621.40
feet;
Thence leaving said North line of Section 1 0, South 00009'34" West a distance of 898.54
feet;
Thence North 88030'24" East a distance of 639.07 feet;
Thence North 00010'31" West a distance of 881.78 feet, to said North line of Section 10;
Thence along said North line of Section 10, South 89059'25" East a distance of 738.56
feet, to the North 1 /4 corner of said Section 1 0;
Thence along the North-South mid-section line of said Section 1 0, South 00028'03" West
a distance of 5209.33 feet, to the North right-of-way of Highway 191;
Thence through the following eight (8) courses along said right-of-way;
(1 ) Thence South 89057'00" West a distance of 73.03 feet;
(2) Thence South 75054'49" West a distance of 41.23 feet;
(3) Thence South 89057'00" West a distance of 19.74 feet;
(4) Thence South 89051'08" West a distance of 1500.38 feet;
(5) Thence North 76006'44" West a distance of 41.23 feet;
(6) Thence South 89051'08" West a distance of 459.86 feet;
(7) Thence South 75054'38" West a distance of 41.10 feet;
(8) Thence South 89026'15" West a distance of 1823.64 feet;
(9) Thence leaving said North right-of-way line of Highway 191, North
00040'15" East a distance of 2557.04 feet;
Thence North 01 002' 11" East a distance of 1340.70 feet;
Thence South 89019'43" West a distance of 669.96 feet;
Thence North 01 002' 11" East a distance of 289.84 feet;
Thence North 24035'59" East a distance of 437.25 feet;
Thence North 01002'11" East a distance of 659.22 feet, to the North line of said Section
9;
Thence along said North line of Section 9, North 89"47'04" East a distance of 1816.88
feet, to the True Point of Beginning.
Tract 2
Commencing at the southeast corner of said Section 3;
Thence North 89059'42" West a distance of 654.95 feet;
Thence North 01 010'09" East a distance of 443.96 feet, to the True Point of Beginning;
Thence North 89059'42" West a distance of 327.82 feet;
Thence North 01007'29" East a distance of 2169.86 feet;
Thence North 89" 48'55" East a distance of 182.22 feet;
Thence South 01 "10'09" West a distance of 649.24 feet;
Thence North 89048'55" East a distance of 147.31 feet;
Thence South 01 " 10'09' West a distance of 1521.75 feet, to the True Point of Beginning.
Said Tracts 1 and 2 contain 490 acres, more or less, along with and subject to existing
easements, rights-of-way and park dedication.
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VALLEY WEST SEWER IMPROVEMENTS SERVICE AREA
TOTAL ASSESS ED SERVICE AREA: 28,600,794.00 SQUARE FEET
DATE: 5l16/oo
PROPERTY ASSESSMENT CALCULATIONS
LAST REVISED: 5130100
19'9-8
GROSS
RO.W. ASSESSED ASSESS EO
ES TIMA TED 1M P ROVED I -ESllMA TED OUTSTANDING 510 DEUNQLJENT
PROPERTY OWNER LEGA L DES-CR~PTlON PARCEL NUMBER
~~ ~ ASSESSED SQ_ FT. VALUE ASSESS
MENT U ~EM PROVEO JM PROVED V ALU E A 55 ESSMEN rs ~
ASSESSMENTS WITHIN SID BOUNDARY
TOTAL SER\I1:CE AREA ASSESSMENT: $7ZO.001}.OO
ASSESSED SO. FT. 19,997,520:11.00 SQUARE FEET
ASSESSMENT RATE: $O.OJ6OO4<I6 PER SOUARE FOOT
A Paradigm Prop..erue-:s p()ftion or SE1/4SE1f-4, Se-ction 9, c_o_s. tt 1 005-
RGG 27~O2 17.53 0.00 17.5:1 763.606-.80
$.36.841.00 $2.7.-493.25 U "$6",34:J.25-
B Jose~h C_ Billion, $t.Io:;an P _ Bim.an L 1 , B 1 , j .C. Billion Auto Plaza SuMLvision
RGG 2J:J8J 4.85 000 U~ 211.701.60
$5OB,17fl.OO $7,522.20- I $615,792.20
C Bl)lion Family limited Partne.rship l2, B1, J.e. Billion ALrto Plaza SutJ.di...rsion
RGG 23J.83 0.97 000 0_91 4'2.2:53_ 20 inducled in "8~ above
$1.521.30 U '$1,521.30
0 arrlioo Famify limiled Par1rtEnloip t3, 61, J_C. Billion Al.1to Plaza Subdi~sioo
RGG 23J.B:3 1.:37 0.00 1.37 5'9,6.]7_20 iocJuded i:n "B~ above
$2.1-4~L65 U $ 2.146.65
E &jljoo Family limlle-d Partnership l4. 61, J_C. Bi~[Of'I Auto Pjaza Subd"i.....stOO
RGG 2~3B3 3.14 OJ)O 3.14 136.71a_-<IIO ir.cluded in "B~ atJ.o.....e
$4,924_€3 U $4.924_63
F Bill-ion FamiJy Limiled Partnership L 1A. B2. J.C. Bil1iOil .Au'lo P1az.a $ubdi".;sKwl
RGG 32000 1.55 0.00 2.55- 111,01.8.00
$5.44.365_00 $3,999_30 I S5'B_J<;43a
G Billion F ami!:,- Limited Partnership L4. 62. J_C. BillWtl Aut.;) P:laz.a S'lJbdivisioo
not a...ai1abf-e 0.13 0.00 .0.13 5,002.60
$000 $203.89 I $2/]389
H Billion: F amtJy Umited Partnership l1. BJ. J _C_ B~I!Ol1 Auto- Plaz.a S'lJbdi'lrisioo
RGG 3106B 0.-91 0_00 0'91 39.639-.60
$41.3613.00 $1,.427.20 U H:2,815_2'.IJ
I Ric:h.anf J_ Wersema, aoJd Kalh~ R. 'V'flersema L2. B:J. J_C_ 8'1lion AtJlo- PI.al.<:II Subdivision
RGG 32Q7{J- OS2 (l.ao a.52 22.851.20
$8.1,111.00 $815_54 j $31,92-6 _5di '$677.51
j Bi:Ji-rnl Family limited PartnershIp L3. 83. J.C. SjlLjon. A'lJW Plal.CI; StJbdivision
RGG 32071 135 000 1.35 5a,806_00 $32,714_00
$2.117.28 U -$3'4.831.28-
HH JC Biljiol1 Au10 P'<iza -SLJbdivfsion- Gedica1ed Public RA}ht-<Tr.~"".ay .x; Billion AuIO Plaza Subd~vlSCOfJ ~ Dedic.a~ed Pt./t.'1ic
Right-oF-Way not a...aiLeble '3.67 3_67 OJJO
000 no~ apP'lic.ab[-e ~O.OO ;not applicab1e i"l-Dt .app1icable
" R&O Heading Co TRACT 1. CD.S_ *1-846 RGG 31065
19.63 -4_Q2 15.61 67-g.,911_&J
:$45.'331.01) $24,48-2-"J1 U S.6-9.813_0~
l Va~ey 'I.r'\fe-st LL C TRACT 5, C_O.S. iCl!1005B RGG
39709 136.17 10_7D '125.47' 5,46-5.,nJ_20
$4.5(15.00 S-~96,1a.L41 U S2'01.2S6A1
M V~le:.' \'Vest LLC TRACT 1--A.. C.O.S. "'0058 RGG 397-09
1A,1 0.06 1.35 320.16.6_00 indu-ced in ""LH abG...e
$11.:5Z7AO U $1 f.52T4G
N \Jalley West llC TRA.GT 3.Ac. C .0-5. 1-1 OOSC RGG
39708 S-7_70 :;).71 53.99 2,351,804_40
:$1,346.00 S-S4.-'675.o!!I5 U $86.021.45
0 ValLey West LlC TRACT 4. C.O _5_ #10058 ROO 3'9-707
-40.45 1_84 38.61 1,681.851_09
S""4.uO $60.0554. Hi U $61.898.16
R No-rtoo Ranch. in-c:. Portioo or N'EH4SE:1J4, Seclim '9-, C.O_S. #1005
RGG 39:J86 4062 1.84 3698 1,'697.968.80 $3.504
_00 $-6-1.134.45 U S64.63f1_45
S DougEa-s.lal'\ce SmiUl l5. B f , Oiamond Esfates Subili\lisiort
RGG 31147 14_1B 0.00 14.18 617.-680_:80
$7,995_00 $22,2'39.26 U .$30.234.26
T Midlael W DeLa..,ey. Ilean.a Il'\dr-e!alld TRACT 6. CD.S_ .1872
RGG 31145 00.% 2-"2 945~ 4.119JJ33_60
$36_ ~ O~_OO $148 ,J(]3_58 U $1.f16.-407.S8
U Delaney ;1 Company. 1nc.. O)(ford Trust TRACT A. C.O_S. ~1872
RGG 31147 2G_35 2.58 17_77 77-4.001_20
$7.99S-.oo $27.669_66- U $35_1364_66
tv MiCha-er W_ Deianey. He-ana ]ndf"e-Ian-d TRACT 2. C.O_S-_ 1t1 846
RGG 33464 19_58 0_35- 19.23 837,65.8 .00
$7.6"92'.00 $30.159--"5 u .$37.851.45
TOTALS:
IIt9G.27 31.19 459.08 1-9,997,524.8D- $} ,462,41
'.Do- .$720,000.08 S2,182:,-411.-08 $-O.GO $671.51
- ...: :-::: =: .~-.~--:. :=...-::;.:.s-.-s,::......"" N:::~
. - .._".. -.-
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NOTICE OF PASSAGE OF RESOLUTION OF INTENTION
TO CREATE AN EXTENDED SPECIAL IMPROVEMENT DISTRICT NO. 668
AND TO ISSUE THE CITY'S SPECIAL IMPROVEMENT DISTRICT NO. 668 BONDS
IN THE AGGREGATE PRINCIPAL AMOUNT OF $720,000.00 SECURED BY
THE CITY'S SPECIAL IMPROVEMENT DISTRICT REVOLVING FUND
CITY OF BOZEMAN, MONTANA
NOTICE IS HEREBY GIVEN that on August 7, 2000, the City Commission of the City
of Bozeman, Montana (the "City"), adopted a Resolution of Intention to Create Special
Improvement District No. 668 (the "District") for the purpose of financing the costs of
acquiring certain existing local improvements (the "Improvements") and paying costs
incidental thereto, including costs associated with the sale and the security of special
improvement district bonds of the City drawn on the District (the "Bonds"), the creation and
administration of the District, the funding of a deposit to the City's Special Improvement
District Revolving Fund (the "Revolving Fund"). The Improvements have been constructed
and installed pursuant to plans and specifications prepared by Morrison-Majerle, and
approved by the City Engineer.
A complete copy of the Resolution of Intention (the "Resolution") is on file with the
Clerk of the Commission which more specifically describes the nature of the Improvements,
the boundaries and the area included in the District, the location of the Improvements and
other matters pertaining thereto and further particulars. A map of the proposed District
accompanies this notice.
The general character of the Improvements is to acquire the following sewer
improvements: engineering, design, construction, inspection, and engineering certification
and installation and construction of a sanitary sewer trunk mains of various diameters,
ranging from 8 inches to 21 inches, from the existing Valley Unit Trunk sewer at Oak Street
to Flanders Mill Road, in Flanders Mill Road to Durston Road, in Durston Road to Cottonwood
Road, in Cottonwood Road to Babcock Street; sanitary sewer lateral mains in Durston Road
from Ferguson Road to Cottonwood Road, in Babcock Street from Ferguson Road to
Cottonwood Road, and in Cottonwood Road from Auto Plaza Drive to Babcock Street,
including trench excavation, backfill, bedding material, sanitary sewer lines, manholes,
fittings, service line stubs and other necessary appurtenances, in the City of Bozeman,
Montana. The total estimated costs of the Improvements, including all incidental costs, are
$720,000.00. The Improvement is currently owned by Valley West L.L.C. The purchase
price of the Improvement shall not exceed $634,862.38.
The City would issue the Bonds in an aggregate principal amount not to exceed
$720,000.00 in order to finance the costs of acquiring the existing Improvements. Principal
of and interest on the Bonds will be paid from special assessments levied against the
property in the District in the aggregate principal amount of $720,000.00 and such payment
will be secured by the Revolving Fund. Subject to the limitations of Montana Code
Annotated, Section 7-12-4222, the general fund of the City may be used to provide loans
to the Revolving Fund or a general tax levy may be imposed on all taxable property in the
City to meet the financial requirements of the Revolving Fund.
Assessable Area. All properties in the District will be assessed
for their
proportionate share of the costs of the Improvements, including the engineering design,
construction, inspection and engineering certification of a sanitary sewer trunk main
extending from the existing Valley Unit Trunk sewer main within the Valley West
Annexation. The total estimated cost of the Improvements is $720,000.00 and shall be
assessed against each lot, tract or parcel of land in the District for that part of the costs of
the Improvements that the area of such lot, tract or parcel bears to the total area of all lots,
tracts or parcels of land in the District, exclusive of streets, avenues and alleys. The total
area of the District to be assessed is 19,997,524.80 square feet. The costs of the sewer
improvements per square foot of area shall not exceed $0.036004. The assessment for
each lot, tract or parcel of land for the Improvements is on file with the Clerk of the
Commission.
--..........-..-...
...- ....--.--
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On Tuesday, the 5th day of September 2000, in the Commission Room, City Hall,
411 East Main Street, Bozeman, Montana, the City Commission will conduct a public hearing
and pass upon all written protests against the creation or extension of the District, or the
acquiring the Improvements that may be filed in the period hereinafter described.
Written protests against the creation or extension of the District and acquiring of the
Improvements may be filed by an agent, person, firm or corporation owning real property
within the proposed District whose property is liable to be assessed for the Improvements.
Such protests must be delivered to the Clerk of the Commission at City Hall, 411 East Main
Street, P.O. Box 1230, Bozeman, Montana, not later than 5:00 p.m., M.D.T., on Thursday,
August 31, 2000.
Further information regarding the proposed District or the Bonds or other matters in
respect thereof may be obtained from Miral D. Gamradt, Administrative Services Director,
City of Bozeman, at City Hall, 411 East Main Street, or by telephone at (406)582-2300.
Dated: August 8, 2000.
BY ORDER OF THE CITY COMMISSION
OF THE CITY OF BOZEMAN,
MONTANA
~ YL~
Clerk of the Commission
Legal Ad
(Publication Dates: Friday, August 11, 2000 and Friday, August 18, 2000)
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