HomeMy WebLinkAboutResolution 1669 Special Improvement District 537
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ftOOI >>-u COMMISSION RESOLUTION NO. 1669
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'11 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
~~_.."' _ I1:J...... MONTANA, CREATING A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN
AS SPECIAL IMPROVEMENT DISTRICT NO. 537 OF THE CITY OF
BOZEMAN FOR THE PURPOSE OF CONSTRUCTING AND INSTALLING AN
ASPHALTIC CONCRETE TYPE PAVING, INTEGRAL CONCRETE CURB
AND GUTTERS, NECESSARY APPURTENANCES THERETO, ALSO CONSTRUC-
I
TION AND INSTALLATION OF NECESSARY STORM DRAINAGE PIPE
INLETS, MANHOLES, DITCHES OR OTHER APPURTENANCES TO STORM
DRAINAGE ON THE NORTH TWO LANES OF KAGY BOULEVARD BETWEEN
SEVENTH A VENUE AND ELEVENTH A VENUE IN THE CITY OF BOZEMAN,
MONTANA.
WHEREAS, at a regular session of the City Commission of the City of Bozeman, held
on the 3rd day of April, 1974, the said City Commission duly passed Commission Resolution No.
1659, declaring it to be the intention of the said City Commission to create a special improve-
ment district to be known and designated as Special Improvement District No. 537 of the said
City for the purpose of constructing and installing an asphaltic concrete pavement project
to include integral concrete curb and gutters, storm drainage, and other work incidental thereto,
and to specially assess the entire cost 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. 1659 is hereby
referred to and made a part hereof for further particulars in respect to the boundaries of
said Special Improvement District No. 537, the estimated cost of said improvements and the
method of assessing the same against the property of said district; and,
WHEREAS, notice of the passage of said Commission Resolution No. 1659 ,.,as duly
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published, as required by law, in the Bozeman Daily Chronicle, a daily newpaper of general
circulation printed and published in the City of Bozeman, Montana, and by 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, within 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. 537, and the City Commission was in regular session the 24th day of April, 1974. at..
1:15 o'clock p.m. of said day, at the r..ommission Chamber in the City Hall Building in the said
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 BOZEMAN:
Section 1
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That the said Special Improvement District No. 537 of the City of Bozeman be, and the
same is hereby created for the purpose of maRing the improvements as in said Commission
Resolution No. 1659 and hereinafter described.
Section 2
That said special improvements be, and the same are, hereby ordered to be made in said
Special Improvement District No. 537 as follows:
COMMISSION RESOLUTION NO.
1669 ------ --~
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CONSTRUCTING AND INSTALLING AN ASPHALTIC CONCRETE TYPE 'I,>,
PAVING, INTEGRAL CONCRETE CURB AND GlITTERS, NECESSARY
APPURTENANCES THERETO, ALSO CONSTRUCTION AND INSTALLATION
OF NECESSARY STORM DRAINAGE PIPE INLETS, MANHOLES, DITCHES
OR OTHER APPURTENANCES TO STORM DRAINAGE ON THE NORTH
TWO LANES OF KAGY BOULEVARD BETWEEN SEVENTH AVENUE AND
ELEVENTH A VENUE IN THE CITY OF BOZEMAN, MONTANA.
I Section 3
That the entire cost and expense of making the special improvements herein referred to
in said Special Improvement District No. 537 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. 537
Fund", 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. 537 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 Apecial Improvement District No. 537 as in said Commission Resolution No. 1659
defined.
Section 4
Said assessment and taxes shall be payable in 20 annual installments extending over a
I 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 therefor 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 for the City, or upon the entire completion of
the improvements and the acceptance thereof by the City Commission.
Sect ion 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, and is hereby, directed to publish ~rDttce inviting proposals for the
I making of said improvements on said Special Improvement District No. 537, 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.
PASSED AND ADOPTED by the City Commission of the City of Bozeman at a regular session
thereof held on the 24th day of April, 1974.
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ATTEST:
f'7'x:r/G I:{;;:;?://~r
C1er~ of the City ~mmission
State of ' MOntana )
County of Gallatin : ss
City of Bozeman
I
I, Erna V. Harding, Clerk of the Commission of the City of Bozeman, do
hereby certify that the foregoing Resolution No. 1669 was published by title and number
in the Bozeman Daily Chronicle, a newspaper of general circulation printed and published
in Bozeman in the issue of the 28th day of April 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 18th day of June, 1974.
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ERNA V. HARDING (j
Clerk of the City Commission
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COMMISSION RESOLUTION NO.
1669
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