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HomeMy WebLinkAboutResolution 1597 Special Improvement District 533, Water ". -, - ~ ~ ..~ .~ r _ ..'....... .,. P'~ -~_'~~'''''''''''''''"'I-"",."",-",,-, .-"~._., .,.,.,..."",.. _.,u".". ~.~..'.. .-,. ".~ .'....... __...~ _ ......-.----:~......._~ _ ~r'... .-'.._. '_.' _, - .,~,-,...,.... -'~"'I"T~-~""'" - ",_' IT" ,-,..,"11 '..-" - - 00 ,......~y .'_.'... '.. 20 f'J-<J<it _ '1>n4 mt.... COMMISSION RESOLUTION NO. 1597 ?i. :J)) , t L/. Ih A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ...,. ,"~~ '", .~.."""'T-.''''''-'''''''''''"'''''.'''''_'_"''' CREATING A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN AS SPECIAL IMPROVEMENT DISTRICT NO. 533 FOR THE PURPOSE OF CONSTRUCTION AND INSTALLATION OF A 1i1ATERMAIN LATERAL AND APPURTENANCES TO SERVE THE REMINGTON ADDITION, MORE SPECIFICALLY AS FOLL01i1S, AN EIGHT (8) INCH WATERMAIN TO BE LAID 1vITHIN AN EASEMENT TO BE GRANTED FOR SUCH PURPOSES. I THE CONSTRUCTION AND INSTALLATION OF SUCH IMPROVEMENT TO INCLUDE ALL TRENCH EXCIWATION AND BACKFILL, BEDDING MATERIALS, CAST IRON PIPE WATERMAIN, VALVES, HYDRANTS, FITTINGS AND OTHER NECESSARY APPURTENANCES THERETO. WHEREAS, at a regular session of the Commission of the City of Bozeman, state of Montana, held on the 18th day of July, 1973, the said Commission duly passed Commission Resolution No. 1595 declaring it to be the intention of the said Commission to create a special improvement district to be known and designated as Special Improvement District No. 533 of the said City for the purpose of constructing and installing a trunk watermain and necessary appurtenances to serve the lots ~vithin said district, and to specially assess the cost and expense of making said improvements against the property within said district under and by virtue of the provisions of the lmvs of the state of Montana is such case lnade and provided, and sa.id :::ommi~;:sion Resolution No. 1595 i.s .,,-;,~~::::'e'~.'>~'r ::efe~~-j."e":'~ to L.~,.i','~ '..:.,:'~i~.;:e .:'. 2 ~.~ C~ -:: r~ ... ., .'. ....1 ".... ' .:-_ i. ::: '1,! :.[. tL .J::" ~:~ i",:.:. . ~,- ~ .. :. (,:. '0 ':i ':c '..~ to the boundaries of said Special Improvement District No.533, the estimated cost of said improvements and the method of assessing the same against the property of said district; and, WHEREAS, 100% of the real property owners in Special Improvement District No. 533 have petitioned for and consented to the formation of said special improvement district, there were no protests against the creation of said district and no notices were published according to the provisions or Section 11-2201 (4) (c) , I Revised Codes of Montana, 1947, as amended; 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 TI-m COMMISSION OF THE CITY OF BOZEMAN: Section 1 That said Special Improvement District No. 533 of the City of BozelTh."ln, sta.te of Hont8na, be, and e";e s,,:me herety is created ':'0:'-:::>.8 !YE'y)Se 0 ," ;Cl::c:~:i.;.,:,::',2 ';':'~-',/2r,.'2:. ~.. . . ~ e ::: :) .'1 .__1. .::: i.. ~ -,,, ,'~ Ia ~:. ell t :'_'):.. .,. " ..- .!,.,-'. ~~'- 2nd hereinafter describe~. Sectio:.' ' J ,: 1 '~" ,. .."._ e C".iJ' sneci,tl improvements be, Hnd the SD.me are hereby ordered to be made in said Special Improvement District No. 533 as follmvs: CONSTRUCTION AND INSTALLATION OF A WATERMAIN LATERAL AND APPURTENANCES TO SERVE TIm REMINGTON ADDITION, NORE SPECIFICl"LLY AS FOLLo\.JS, AND EIGHT (8) INCH HATERMAIN TO BE LAID tHTHlN AN EASEMENT TO BE GRANTED FOR SUCH PURPOSES. THE CONSTRUCTION AND INSTALLATION OF SUCH IMPROVEMENT TO IN CL UDE ALL TRENCH EXCAVATION AND BACKFILL, BEDDING MATERIALS, CAST IRON PIPE ~"ATERMAIN, VALVES, HYDRANTS, FITTINGS AND OTHER NECESSARY APPURTENANCES THERETO. I Section 3 That the entire cost and expense of making the special improvements herein referred to in said Special Improvement District No. 533 shall be paid by special improvement district coupon bonds, as authorized by the laws of the state of Montana, which bonds shall be in denominations of One Hundred Dollars ($1,00.00) each, and fractions or multiples therof ~.,here necessary to be issued and chargeable against a fund to be knmm as 11 Special Improvement District No. 533 Fund", said bonds to be redeemable at the option of the City of Bozeman, Montana, whenever funds are available for th~t purpose from said Special Improvement District No. 533 Fund; said bonds shall draw interest at a rate not to exceed seven __.~~~~,_u.~ ..."._.~~~.~.__.~.. ..__ .~~,.~.___~._.....~_,CDMMI.sSIOtLRE.SPLUJ'lQN.. H9~_2L__,.___ _. _._. ~,_.~~~U_... _u... u. , .~. ..... ~. .......i...~ ..:..........--L- ..,_._ ~~ ~-"'. ~-'" ._.n ".. - -- ...... --'--._.__.~ .'r-.-~~.~.~_. --.,..-.., .~,.~,. - _.~,. ~ '" 21 percent (7%) per annum, which shall be chargeable as a part of the cost of said improvements and shall Tun 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 Improvment District No. 533 as in said Resolution of Intention No. 1595 defined. Section 4 I Said assessment and taxes shall be payable in twenty (20) annual installments extending over a period of nineteen (19) years, witb interest on deferred payments; but this provision shall not be construed to prevent full payment at any timel Section 5 That the City Engineer be, and he is hereby directed to prepare plans and specifications for the doing of said Hark and the making of said improvements. Section 6 That pursuant to the provisions and authority conferred by Section 11-2232, Revised Codes of Montana, 19L~7, said bonds may be sold to the highest 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 improvement for the city, or upon the entire completion of the improvements and the acceptance thereof by the City Commission of the City of Bozet1k'1n, }-lontana, be, and is hereby directed to publish a notice inviting proposals for the making of said improvements on said Spec~al Improvement District No. 533, which notice shall refer to the plans and specifications on file, by publishing such notice in two (2) issues of the Bozeman Daily Chronicle, a daily I newspaper printed and published in the City of Bozeman, not less than ten (10) days before the time such bids will be opened. Section 7 This district is being created pursuant to the terms of Section ll-2201 (4) (c) of the Revised Codes of Montana, 1947, as amended, because 100% of the property owners of said special improvement district have signed a petition for the formation of said district. PASSED AND ADOPTED by the Commission of the City of Bozeman at a regular session therof held on the 18th day of July, 1973. Mayor ATTEST: ,-) /;1 J ~...4 L .- /' ,-/ G ,.rC;' Z-rt / .', , ./ ,'/<:' ./~ Clerk of the City Commission 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. 1597 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 22 July, 1973 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 3rd day of August 1973. ~L / /"... , ~ L. . c:: - /C 1'1.--<::" -' ~ - ~ a ~Cl_e: "K_ ERNA V. HARDING, ../ Clerk of the City COmmission COMMISSION RESOLUTION NO. 1597 .._"-_ _._ ._"._~_-----..........__,~_.,__. _,___~_~.____~~,___~_,._~_.____,,_---'-"'-_-->-.,,__,__ ~,_~__~_~__.__..~.___. ."._ ...~~_._ _..._,.___ ....... .._.n' ~_.