HomeMy WebLinkAboutResolution 1734 Special Improvement District 553
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COMMISSION RESOLUTION
NO. 1734
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A RESOLtrrION OF THE CITY COMMISSION
OF THE CITY OF
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BOZEMAN. MONTANA.
CREATING A SPECIAl, IMPROVEMENT
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DISTRICT TO BE KNOWN AS SPECIAL IMPROVEMENT DISTRICT
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NO. 553 OF THE CITY OF
BOZEMAN FOR THE PURPOSE OF
CONSTRUCTING AND INSTALLING A STORM DRAINAGE
SYSTEM
INCLUDING NECESSARY STORM DRAINAGE PIPE.
MANHOLES.
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INLETS.
DITCHES. AND OTHER NECESSARY APPURTENANCES
TO STORM DRAINAGE. TOGETHER WITH ALL
TRENCH
EXCAVATION AND BACKFILL IN LANGOHR AVENUE.
A PORTION
OF WESTRIDGE DRIVE. AND ACROSS LOT 1
OF BLOCK 9, ALL
IN Ttlli FIGGINS ADDITION TO THE CITY
OF BOZEMAN,
MONTANA.
Y.,THEREAS, at a~egu1ar session of the City Commission of the City of Bozeman. held on the 7th
day of May.
1975,
the said City Commission duly passed Cnmmission Resolution No,
1732, declaring
it to be the intention of the said City Commission to
create a special improvement
district to be
known and designated as Special Improvement District
No, 553 of the said City for the purpose
of
constructing and installing a storm drainage system including
necessary storm drainage pipe,
manholes~'inlets.
ditches and other necessary appurtenances to storm drainage,
together with all
trench excavation and backfill, and other work incidental
thereto, and to specially assess the
entire costs and expense of making said improvements
against the property within said district
under and by virtue of the provisions of the laws of
the state of Montana in such case made and
provided, and said Commission Resolution No.
1732 is hereby referred to and made a part thereof
for further particulars in respect to the boundaries
of said Special Improvement District
No. 554,
the estimated cost of said improvements, and the methon
of assessing the same against the property
of said district; and.
I
WHEREAS. notice of the passage of said Commission Resolution No.
1732 was duly published,
as
required by law,
in the Bozeman Daily Chronicle, a daily ne'vspaper of general circulation printed
and published in the City of Bozeman, Montana. and be
sending a copy of such notice by U. S.
mail
to each person,
firm,
or corporation having property within the proposed district at his or its last
known address,
upon the same date that such notice was first published as aforesaid.
and due proof
having been made of the publication and service of said
notice; and.
WHEREAS, 'vithin the time provided by law and said published and served notice.
there were not
sufficient protests against the creation of said proposed
Special Improvement District
No. 553,
and
the City Commiss ion was in regular sess ion the 28th
day of May, 1975, at 1:15 o'clock
p.m, of said
day, at the Commission Chamber in the City Hall Building
in the sain City of Bozeman, Montana.
the
same being the time and place designated in said notice
for passing upon all protests,
if any.
against the proposed work or against the creation or
extent of said district,
or both or either;
and it further appearing that all of the proceedings
for the creation of said district have been
lawful and regular.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF B07.EMAN:
Section 1
I
That the said Special
Improvement District No. 553 of the
City of Bozeman be, and the same is
hereby created for the purpose of making the improvements
as in said Commission Resolution No.
1732
and hereinafter described.
COMMISSION RESOLUTION NO. 1734
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401
Section 2
That said special improvements be, and the same are, hereby ordered to be made in sai.d'~filecial
Improvement District No.
553 as follows:
CONSTRUCTING AND INSTALLING A STORM DRAINAGE SYSTEM INCLUDING
I
NECESSARY STORM DRAINAGE PIPE, MANHOLES,
INLETS, DITCHES, AND
OTHER NECESSARY
APPURTENANCES TO STORM DRAINAGE, TOGETHER
WITH ALL
TRENCH EXCAVATION AND BACKFILL IN LANGOHR AVENUE, A
PORTION
OF WESTRIDGE DRIVE, AND ACROSS LOT 1 OF BLOCK 9, ALL
IN THE FIGGIN'S
ADDITION TO THE CITY OF BOZEMAN, MONTANA.
Section 3
That the entire cost and expense of making the special improvements herein referred to in said
Special Improvement District No.
553 shall be paid by Special Improvement District Coupon Bonds, as
authorized by the laws of the state of Montana, which bonds shall be in the denomination of $100.00
each, and fractions or multiples thereof where necessary,
to be issued and chargeable against a
fund to be known as "Special Improvement District No.
553 Fund", and said bonds to be redeemable at
the option of the City of Bozeman whenever funds are available for that purpose from said Special
Improvement District No.
553 Fund; and bonds shall draw interest at a rate not to exceed seven
percent per annum, which shall be chargeable as a part of the cost of said improvements and shall
run from the date of the registration of said bonds until said bonds are paid.
To pay said bonds,
and the interest thereon, representing the cost of said improvement, a special assessment shall be
levied against all- of the lands within said Special Improvement District No.
553 as in said
Commission Resolution No.
1732 defined.
I
Section 4
Said assessment and taxes shall be payable in 20
annual installments extending over a period
of 19 years, with interest on deferred payments,
but this provision shall not be construed to
prevent full payment at any time.
Section 5
That the City Engineer be, and he is hereby directed to prepare plans and specifications for
the doing of said work and the making of said improvements.
Section 6
That pursuant to the provisions and authority conferred by Section 11-2232, Revised Codes of
Montana, 1947,
said bonds may be sold to the highest and best bidder therefore for cash, and the
proceeds of such sale used in making payment to the contractor,
or contractors,
for such work, and
such payment may be made either from time to time on estimates made by the engineer in charge of such
improvements and the acceptance thereof by the City Commission.
Section 7
That upon the completion of plans and specifications by the City Engineer for the doing of said
work and the making of said improvements,
the Clerk of the City Commission of the City of Bozeman be,
I
and is hereby, directed
to publish a notice inviting proposals for the making of said improvements
on said Special Improvement District No.
553, which notice shall refer to the plans and specifications
on file, by publishing such notice in two issues
of the Bozeman Daily Chronicle, a daily newspaper
printed and published in the City of Bozeman, Montana, not less than 10 days before the time such
bids will be opened.
COMMISSION RESOLUTION
NO. 1734
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402
PASSED AND ADOPTED by the City Commission of the City of Bozeman at a regular session thereof
held on the 28th day of May, 1975.
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ATTEST: (
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Clerk of the City Commission
State of MOntana )
County of Gallatin : ss
City of Bozeman )
I, Erna V. Imrding, Clerk of the Commission of the City of Bozeman, do here certify that the
foregoing Resolution was published by title and number in the Bozeman Daily Chronicle, a newspaper
of general circulation printed and published in said City in the issue of the 1st day of June,
1975, and due proof of such publication is on file in my office. IN WITNESS WHEREOF I hereunto
set my hand and affix the corporate seal of my office this 2nd day of June, 1975.
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Clerk I
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COMNISSION RESOLUTION NO. 1734
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