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HomeMy WebLinkAboutResolution 3380 Intent to create SID 666 streets, Valley West COMMISSION RESOLUTION NO. 3380 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, RELATING TO SPECIAL IMPROVEMENT DISTRICT NO. 666; DECLARING IT TO BE THE INTENTION OF THE CITY COMMISSION TO CREATE AN EXTENDED SPECIAL IMPROVEMENT DISTRICT NO. 666 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. ProDosed 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 street improvements, including the engineering design, construction, inspection and engineering certification of asphalt cement paving, gravel base courses and subgrade preparation, curb, gutter, storm drainage and all necessary permits and appurtenances to construct streets within the Valley West Annexation, as more particularly described in Section 5. The total estimated costs of the Improvements are $1,335,000.00. 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 specia1 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 $1,335,000.00. 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 $1,335,000.00. 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. 666 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 street improvements: engineering, design, construction, inspection, and engineering certification of asphalt cement paving, gravel base courses and subgrade preparation, curb, gutter, storm drainage and all necessary permits and appurtenances for an approximate 2,665-foot long portion of Ferguson Avenue lying between Durston Road and West Babcock Street; an approximate 2,668-foot long portion of West Babcock Street lying between Ferguson Avenue and Cottonwood Road; an approximate 4, 244-foot long portion of Cottonwood Road lying between Durston Road and its terminus at Auto Plaza Drive; and an approximate ~- 3,405-foot long portion of Durston Road to a Gallatin County standard, lying between its terminus approximately 100 feet west of Flathead Avenue and Cottonwood Road, in the City of Bozeman, Montana (the "Improvements"). 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 $1,335,000.00. The Improvements are currently owned by Valley West L.L.C. The purchase price of the Improvements shall not exceed $1,187,175.15. Section 7. Assessment Methods. 7.1. Propertv 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 Improvements is $1,335,000.00 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 19,115,870.40 square feet. The costs of the Improvements per square foot of area, exclusive of interest, shall not exceed $0.06983726. The assessment for each lot, tract or parcel of land for the Improvements is shown on Exhibit C hereto. 7.3. Assessment Methodologies Eauitable 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. Payment 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: Findinas and Determinations. The City will issue the Bonds in an aggregate principal amount not to exceed $1,335,000.00 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 - 2 - _____n___. __ 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 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) Diversity of Prooerty Ownershio. 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 51.13 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 20.78 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 3.45 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) Comparison of Soecial Assessments and Propertv 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; however, there are $24,417.33 in outstanding SID assessments on a portion of 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 $7,448.37 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 Improvements. The public benefit resulting from the Improvements is a decrease in the dust created by travel on unpaved roads, better access to the properties and future residences, structures and other private improvements in the area for the public and emergency vehicles, and an elimination of the cost of annual grading and graveling of the existing roads. (f) Newly 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 - 3 - " .-.-----........,.--.. - - - ..---.. ,- 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. 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~Ugatr:'Yor ATTEST: ~y~ ROBIN L. SULLIVAN Clerk of the Commission APPROVED AS TO FORM: - 4 - NOTICE OF PASSAGE OF RESOLUTION OF INTENTION TO CREATE AN EXTENDED SPECIAL IMPROVEMENT DISTRICT NO. 666 AND TO ISSUE THE CITY'S SPECIAL IMPROVEMENT DISTRICT NO. 666 BONDS IN THE AGGREGATE PRINCIPAL AMOUNT OF $1,335,000.00 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. 666 (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-Maierle, 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 street improvements: engineering, design, construction, inspection, and engineering certification of asphalt cement paving, gravel base courses and subgrade preparation, curb, gutter, storm drainage and all necessary permits and appurtenances for an approximate 2,665-foot long portion of Ferguson Avenue lying between Durston Road and West Babcock Street; an approximate 2,668-foot long portion of West Babcock Street lying between Ferguson Avenue and Cottonwood Road; an approximate 4, 244-foot long portion of Cottonwood Road lying between Durston Road and its terminus at Auto Plaza Drive; and an approximate 3,405-foot long portion of Durston Road to a Gallatin County standard, lying between its terminus approximately 100 feet west of Flathead Avenue and Cottonwood Road, in the City of Bozeman, Montana. The total estimated costs of the Improvements, including all incidental costs, are $1,335,000.00. The Improvement is currently owned by Valley West L.L.C. The purchase price of the Improvements shall not exceed $1,187,175.15. The City would issue the Bonds in an aggregate principal amount not to exceed $1,335,000.00 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 $1,335,000.00 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 asphalt cement paving, gravel base courses and subgrade preparation, curb, gutter, storm drainage and all necessary permits and appurtenances to construct streets within the Valley West Annexation. The total estimated cost of the Improvements is $1,335,000.00 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 19,115,870.40 square feet. The costs of the Improvements per square foot of area shall not exceed $0.06983726. The assessment for each lot, tract or parcel of land for the Improvements is shown on file with the Clerk of the Commission. --.....--..... .....-.......--..- 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 ra J~ Clerk of the Commission Legal Ad (Publication Dates: Friday, August 11, 2000 and Friday, August 18, 2000) .. --...--- EXHIBIT B Valley West S.I.D. Boundary for Street Improvements The Legal Description of the Valley West S.I.D. Boundary for Street Improvements is as follows: A Tract of Land located in portions of Sections 9 and 10, Township 2 South, Range 5 East, P.M.M., City of Bozeman, Montana, being more particularly described as follows: 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 89" 59'25" East a distance of 45.01 feet; Thence leaving said North line of Section 10, South 01 "06'08" West a distance of 408.00 feet; Thence South 89" 59'25" East a distance of 600.00 feet; Thence North 01 "06'08" East a distance of 408.00 feet, to said North line of Section 10; Thence along said North line of Section 1 0, South 89" 59'25" East a distance of 621.40 feet; Thence leaving said North line of Section 1 0, South 00" 09'34" West a distance of 898.54 feet; Thence North 88" 30'24" East a distance of 639.07 feet; Thence North 00"10'31" West a distance of 881.78 feet, to said North line of Section 10; Thence along said North line of Section 1 0, South 89" 59'25" East a distance of 738.56 feet, to the North 1 /4 corner of said Section 1 0; Thence continuing along said North line of Section 1 0, South 89" 59' 42" East a distance of 630.01 feet; Thence leaving said North line of Section 1 0, South 00" 28'03" West a distance of 2265.00 feet; Thence South 90"00'00" West a distance of 85.00 feet; Thence South 00" 28'03" West a distance of 402.09 feet; Thence North 89" 49'50" West a distance of 545.00 feet, to the Center 1 /4 corner of said Section 1 0; Thence along the North-South mid-section line of said Section 1 0, South 00" 28'03" West a distance of 1228.37 feet; Thence North 90"00'00" West a distance of 1355.39 feet; Thence South 00" 00'00" West a distance of 1328.63 feet, to the North right-of~way of Highway 191; Thence through the following five (5) courses along said North right-of-way of Highway 191; (1) Thence South 89"51'08" West a distance of 288.48 feet; (2) Thence North 76" 06' 44" West a distance of 41.23 feet; (3) Thence South 89" 51 '08" West a distance of 459.86 feet; (4) Thence South 75" 54'38" West a distance of 41.10 feet; (5) Thence South 89"26'15" West a distance of 1823.64 feet; Thence leaving said North right-of-way of Highway 191, North 00"40'15" East a distance of 2557.04 feet; Thence North 01 "02' 11" East a distance of 1340.70 feet; Thence South 89 "19' 43" West a distance of 669.96 feet; Thence North 01 "02'11" East a distance of 289.84 feet; Thence North 24 "35'59" East a distance of 437.25 feet; Thence North 01 "02'11" 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. Containing 473 acres, more or less, along with and subject to existing easements, rights~of- way and park dedication. , VALLEY WEST SJD. BOUNDARY FOR STREET IMPROVEMENTS Va II~}.. West $. LD. Boundary f or S!n~e-t Imprw€me-nts: The- lego1 Qesc:riplion of the Vclley We--s:~ S.I.o. 8oundory f.;:.r 'Street Improvemenls i-s as fo1lo'Ks: lJoIE TMlE A Trod of lo.nd lo-::-crted in .portion-s: of Se<-~iol'lS: 9 and 1 Q. Io-wns-hip 2" SOl.;--th. Ror..ge '5 East. P.~_M., City of UN[ "'^""< "MO<H U S89'"~"15"E ~5_(]l' BOlemon, loIontOr::<J, b-ein.g morE- Dort;c-ulot!y O,escribed os fGtJoW'S-: U SO, 011 ~ct!I.OO' U stI'l"59' *t 6OO.'Qf,f Comme-ncin-~ o.L the f1orthe<l--s~ comer of 3{],.j Section 9. also being the n:orth....-est -corner of s-aid Sedion 10. ar.d " t.(If'[)fj'1J8""E "(fI.OC. True Point c;-f Beg;;' ni ng; l5 S'9IJOO' "\II' .00. " SOO' '(I~'"IN 402,1}9' Th-en-ce aionq th-e NGrth line- I)f saioj Section 10. South 89'5-9'25" Eas1 0 distaoce of 45.01 feet; L1 S89'5,'06"W 28II.4Ei " ~~ '..~')p 41.1$ Ih-ef1i:E' Jeoving soid NQrth jifJe o( Sed ion 10, S:J-u!h 01'06-'08- West 0 -diston.ce of 408.00 fe-el " 'S8'1,'OOJiII 4'5'9.BEi' Thence- South 89"5-g..25. East a dLstaoce of 6(10.00 f~1: '" 57554']8....... ~ 1. ~o' Then.ce North O1"05'08M Eosl -0 distance cf 408.00 f~t, to sa~ t.lorth line of Section 10-; Thence (lkJ-ng wid North lline of Se-ctioo 10, SGuth 89"59"25" E-os:t G" di::;ton-;:-e of 62'1.40 feel; Therwce I~...inq s..ai-d N-orth line of 'Sedlon 10, South OO'Og'3~M West 0(] d"s-tonce of 898,5-4 feet: Thence Nc(lh 88'}()"24- [051 0 d<s:tonce of 639.07 fed: Thence r"i(Hth 00 1 0".31. West -a -dis~an("e- of 8.8- 1 ,78 feet. to said NodtJ ~i..e c.f Se-c1ion 1 0: Tj,ef'l~ olon-g sa id N Mt. lil'"tE' of 'S.-edi-on 10. South 89"59 '25. Lad e d~al'1;ce of 738.:56 feet. to th.e Nodh 1/4- c-orn-er of sa id 'Se-c:tion 1 0; The-nce cO/'ltinu;n-g ;JJGf""9 -::roid N-::w1h JiCle of 'S-edion lO, Soutin 89'":59"41- Easl oJ (ljsta:nce or 630.01 feet .1/2, SWf/of SediIJ'll 3 The--nc--e f.e(]vi~ said North ~ine of Section 10, 'Soulr. OO'28"0.Y .....est -[]- -dis'-af"lc-e of 2265:00 feet; Ccb'~ Of ~ Thence South '9O"OO'CHY 'Hes! a- distQnce 0-1 85.00 f-eet: PJ(}2 :i~~ Thenc-e ~uth OO"28'03-M W-e:sl 0. distar.ce- -of 402.090 f~t: 'ce' Thoe-nce North ag"49'50M West 0' diston.ce -of 545.00 feet, to ~-he Ce-nt-er j 14 .com-er of s.;:Jid S"ectiQil 10: ~.aB" Th~n(:e aklng the North-$lJ'Uth m,jd-s-ecti-Ctn 4ine a-f s-aid Sedion 10" South 0<)"28'03- W-est 0 distan~ of 1228,37 P.O.B n/2, 1V1/2, and rt"e1; oW [/2. "1/2. SE1 /of, Th-elt{:e North 90"00'(,('/ Wes! 0 distance cf 135':d9o fe-et: ~.J~1tt}ro,y Sr.o~~'25J Thence SO-'Ulh 00"00.00- We:st 0 -distcf"lce of 1328.63 feeL t-o the NQrth riqM-of-w1JY {If Hi9hway 191: C~ificot~()f~ Thence. tkouqh th-e fol~wing five ('5-} c-o-ur~s alon-g sa id r-+o,{h rig ht ~of - ....a)' of Hi.gh.-oy 1'9 1 : ,,= ~s~5......"" (l) Ihen-ce Scuth 89'51"08. We:s-t 0 dist-aOlce of 283.48 f~l: r 9O~SF:t/W :!S.'IOI'tftIl.-"'CRU {2"} n'..eno;:! No~th 76'06'44M W-est a dist<lfiCe of 4 L23 fe.et; ?S.I'1~-"CfIIE$ .- sg'25""t-- S8'f"-59'.2t: (3} n'"en-ce South 89'51"-08- West 0 dist-once of 459.86 feet """"" ... I ,. '''" ;fiJO.D1' {4) Then-ce $Guth 75'54'.38~ West .;J diS-t{)f1ce of 4UO fe:et: Of ,."...,. ~OfSrJrvey ~ '1~ Ir-829 (5) Theroce- South 89'26'15" West -a di's.tance oi 18n.64- feet: po=: ;:t.... 1R4Cf8... Lond~~or>Spec.io1Pfot. Thef"lc-e leaving "Sa-id North ri.ght~-of-\Ir{IY of Highway ]91, North (1(1"40"15- Eosl {] -distance of 2"557.04 f-eet; C~ft()(~ ""'" .JO g~~!i~; SE1/.l. Se'cl..".., J "00SfJ ~~~ C~t.fic-r1l~()f~ Thence Nodh o-r-02'11- [cst () d4s!ance (Iof 1340.70 fe-.ei: """" ~~~~. ,,= Thence s.::.uth 8-g"19'-<ir We51 -a- di::;tol'1ce- of 66'9:9"6 feet: J6{}"'-"C'fWRi' .Jt!'Qo1t~<5;~:I[ - 4..2!iIIIII';IlM:l!E'> , VALLEY WEST STREET IMPROVEMENTS SERVICE AREA TOT Ai. ASSESSED SEm..1C:E AREA 22.5-31 ,FJ.4 5_60 SQUARE fEET [)A rc- SH6lOO PROPERTY ASSESSMENT CALCULATIONS LAST REVISED 5lJl},lOO 19" GROSS R.ow. ASSESSEe ASSESSED ESTIMA TED IMPROV'ED , ESTIMATED DUrST A.N Du.m 51 D DEUNQUENT PROPERTY OWNER LEGAL DESCRJPilON PARCEL NUMBER ACRES ~ ACRES ASSESSED SQ. FT. VALUE ASSESSM ENT UNiMPROVED 1M PROVED VALU E ASSESSM ENTS ~ ASSESSMENTS WlrnN SID BOUNDA.RY TOTAl SERVICE AREA A-S:SESSMENT: S~.3J5.000.00 ASSE"S-S-ED SQ, fT.: 19,115..B7D.4Q SQUARE FEET AS 5ESSMENT RA IE $0_00963726 PER SQUARE fOOT ; Paradigrn Proper1ies Port-ion or SE114SE1J4> Section 9, C.O.S_ 11005 RGG V102 17.53 000 17.53 763,605.80 :536,-84700 $53,326_21 U $00,175.21 Joseph c. EWlion. Susan P. Billion L1, B1. J.C_ B&on hJla P1az:a SUJdivision RGG 2338J 4.86 000 4.86 211,701.60 606.170 00 S14.764.-66 I 5622,954.00 8Aion F am..... loimi1.ed Par1nership U, 1:It. J.e. Billion kA.o P.\aza Subo:\i-..i:sian ROO 2J383 00_'97 0.00 {L'97 42,25"3.20 ~ ~ '"8-..a!:ro:ve 12.:950_85- U $2,95IJ_-B5 ~ f41Jial'1 Fam.....lmi'tW Partnership l3, Ell. j.C. 6~liooAu1:o Plaza SulxIMsion RG-G 23383 ~_37 0.00 1_:37 59,677.20 1nct.Jded.il tr' abo...e S4,16-7.65' U $<,167_69 Bmion Fami)' Limited Partner'$hip lolll. 61. J.C. -8~lionAubJ.?Iaza Subdivision RGG2~ :3.1-4 000 -3_14 136,77B_4O inct:Jded 'i"I "'8"" abo'o'B $9,552-23- U $9,552.23 IF Billion F amJtj limited pa.rtnership l1A. 82". J. C. Billioo Auto Plaza Subdimion RGG 32OS6 2_55 000 2_5:5- 111,Q7B.OO 544.365.00 $7.757_36 , $552,122_38 ~ Billian Famij limjte.;j p~ lolll. 62, J_C_ SmiooAuto Plaz.; Subdivision not :BYaiTable {U3 000 0_13 5..662.00 0 $395.47 , $395_47 -Billion F amii)' Limited Pat1ner~ L1. B3, J_C_ Billion Auto Plaza Sutdivision RGG 32069 -0_91 000 OOt 39,639.00 41,368.00 $2.768.32 U $4~.156_32 Rd'1.ard J_ W.ersema, 2100 Kathy R V'ners.e.m:a. L2. 83, J C. Billion Auto Plaza -SutdWisian RGG 32070 052 000 052 22.651_20 81,1\1_00 $1 ,561.00 I $82,692 _90 $677.6-1 ~ Billion family Limited P.ar'tnersh.J1 L3, 83, J_G. BilliOn Auto Plaza Subdivisoo RGG 32071 1.35- 000 1.35 58-.806_00 32,714_00 $4,106_65 U .136-.820_85- "" JC Bikln Aufo Plaza Subdivi:sian - Dedicated P-ub1ic: Rj;;Jht-or-Way JC Billian Au1:o Plaza -Dedicated Puhlic: Right-of-Way ""'- 3:67 3.-67 0.00 000 not appJica:t:4e $0_00 not applicable ""'- ~ R&D Hci:rnq Co TRACT 1, C.O S_ ilt18-46- RGG 31005 19_6-3 4_0-2 15.6-1 679.971_60 45,331_00 $47,487_35 U S92,818_35 vane\" WesA LlC TRACT 5, C _0 _So t1005E1- RGG 39709 136.17 10_70 12:5-.47 5,46S,oIII7J.20 4,505.00 S:!.81,693.67 U $366.198_67 '\Ialle)' 'West lLC TRACT 1.A, C.O.S_ '10058 RGG 3'3709 1.4t 000 7.35 -320.166_00 1nduded in"1-~ above $22,-359_52 U $22,359_52 'Valle)' WM'L lLC TRACT 3A. C.O.S_11005C RGG 3'3-706 57.70 3_71 53.99 2.3S1,804.~O i;M6.00 S 16~.2"3_ 58 U S1a5,53"9_:58 Valle)' Wes1llC TRACT 4, C.O.S.11005B RGG 39707 40.45 1.04 38_61 1.'1581,851.-60 1.~4.00 $1H,45:5-.91 U S118,799.91 NortOO Ra:nch, Inc. Portion afNE1I4S::E.110111, Secftr.l9, C.O_S_ '1005 RGG :B386 4082 1.04 3898 1.-697,968.60 J.SQ.II.OO S-118,581~ U $122,085.49 T MoIC/loaeJ W Oelane)', Ileana IndreIand TRACT B, C.O.S. '1872 RGG 31145 55.85 0.91 54.... 2.3-93,186.0lil0 36 ,mll_OO S-167.~JJ_sa U $205,2"37.58- Delaney it Company, Inc_, O:darrJ Trust TRACT A. C.O.S. ;11-872 RGG 311-47 20_35 "'0 11.77 774,05~.20 7.995J}J $5<4:056_31 U $62,053_31 Michael W. Oelaney, l\eanalndreland TRACT 2, C_O.S. il!1B46 RGG 30464 19_5B 0.35 19.23- 8.37,658.00 7.-6-9"2_00 $58,499_60 U $66,191.-80 GG The Vecta" Group llC TRACT A.. CoO_S:o j1-6~{I ROO 3614 37.1.8 .>> 33.56 1,.461,0673.60 1:S,317J:HJ $10.2..[193_2:5- U S-f17,4l0_25 $24.417_33 56,770._76 TOTALS: 472.74 :];3_9:0 4:uJJ54 1'9,11S,!!I7CL4-D 1,046-9.13-1.00 $1,335-,000,01 $2,&04,133_-01 S-24,411.3J. $7,-4419.37 M '..2'3.:! ~\CC<5\Oo::r...s'tS1r~ts ....":)1 ---- COMMISSION RESOLUTION NO. 3380 Intent to create SID No. 666 - improvements consist of street improvements, including the engineering design, construction, inspection and engineering certification of asphalt cement paving, gravel base courses and subgrade preparation, curb, gutter, storm drainage and all necessary permits and appurtenances to construct streets within the Valley West Annexation. Parcel Name and Mailina Address Description A Paradigm Properties Portion of SE14, SE14, 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, D, 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 NE14, SE14, 8459 Huffine Lane Section 9 Bozeman, Montana 59718-9421 cas No.1 005 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 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 E%, W%, SEY4, 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. 666. '~-" if~2 ~ - - -' ,- ROBIN L. SULLIVAN - -. - Clerk of the Commission '- _.0. - ~,- >..-.- - -. - .- -...: '. ~~- - , -- . ,^ . - .-' u__._ ....._._._