HomeMy WebLinkAboutResolution 1576 Special Improvement District 531
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COMMISSION RESOLUTION NO. 1576 ' ""'1 H.......
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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, c: '2 7~
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CREATING A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN AS SPECIAL IM- ~,.0+1i ...___.
PROVEMENT DISTRICT NO. 531 roR THE PURPOSE OF CONSTRUCTING AND IN-
STALLING AN ASffiALTIC CONCRETE TYPE PAVING, INTEGRAL CONCRETE CURB
AND GUTTERS, NECESSARY APPURTENANCES THERETO, ALSO CONSTRUCTION AND
INSTALLATION OF NECESSARY STORM DRAINAGE PIPE INLETS, MANHOLES,
DITCHES OR OTHER APPURTENANCES TO STORM DRAINAGE ON CIRCLE DRIVE AND
I A PORTION OF SPRING CREEK DRIVE IN WESTRIDGE, A SUBDIVISION OF A
PORTION OF THE NORTHERLY ONE HALF OF THE NORTHWEST QUARTER OF
SECTION 19, TOWNSHIP 2 SOUTH, RANGE 6 EAST, M.P.M. AND BEING A
PORTION OF THE CITY OF BOZEMAN.
WHEREAS, at a regular session of the Commission of the city of Bozeman, state of Montana,
held on the 16th day of May, 1973, the said commission duly passed Commission Resolution No. 1574
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. 531 of the said city for the
purpose of constructing and installing an asphaltic concrete pavement project to include integral
concrete curbs and gutters, storm drainage and other work incidental therto on Circle Drive and
a portion of Spring Creek Drive in Westridge, a subdivision of the city of Bozeman, Montana, and
to specially assess the cost and expense of making said improvements against the property with-
in 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. 1574 is hereby referred to and
made a part hereof for further particulars in respect to the boundaries of said Special Improvement
District No. 531, the estimated cost of said improvements and the method of assessing the same
against the property of said district; and,
I WHEREAS, it appears that all of-the proc:eedingsfor the creation of said district have been
lawful and regular;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF BOZEMAN:
Section 1
That said Special Improvement District No. 531 of the City of Bozeman, State of Montana, be,
and the same hereby is created for the purpose of making the improvements as in said Resolution
of Intention No. 1574 and hereinafter described.
Section 2
That the said special improvement be, and the same are hereby ordered to be made in said
Special Improvement District No. 531 as follows:
CONSTRUCTION AND INSTALLING AN ASPHALTIC CONCRETE TYPE PAVING, INTEGRAL
CONCRETE CURB AND GUTTERS, NECESSARY APPURTENANCES THERETO, ALSO
CONSTRUCTION AND INSTALLATION OF NECESSARY STORM DRAINAGE PIPE INLETS,
MANHOLES, DITCHES OR OTHER APPURTENANCES TO STORM DRAINAGE ON CIRCLE
DRIVE AND A FORTI ON OF SPRING CREEK DRIVE IN WESTRIDGE, A SUBDIVISION
OF A PORTION OF THE NORTHERLY ONE HALF OF THE NORTHWEST QUARTER OF
SECTION 19, TOWNSHIP 2 SOUTH, RANGE bEAST, M.P.M. AND BEING A
PORTION OF THE CITY OF BOZEMAN.
That the entire cost and expense of making the special improvements herein referred to in said
I Special Improvement District No. 531 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 ($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. 531 Fundu, said
bonds to be redeemable at the option of the City of Bozeman, Montana, whenever funds are avail-
able for that purpose from said Special Improvement District No. 531 Fund; said bonds shall
draw interest at a rate not to exceed seven percent (,%) per annum, which shall be chargeable
COMMISSION RESOLUTION NO. 1576
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as a part of the cost of said improvements and shall run from the date of the registration bf
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. 531 as in said Resolution of Intention No. 1574
defined.
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Section 4
Said assessment and taxes shall be payable in twenty (~O) annual installments extending
over a period of nineteen(19) years, with interest on deferred payment8; 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-~~32, 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 improvement for the City, or upon the entire completion of the improvements and the
acceptance thereof by the City Commission of the City of Bozeman, Montana, be, and is hereby
directed to publish a notice inviting proposals for the making of said improvements on said
Special Improvement District No. 531, which notice shall refer to the plans and specifications I
on file, by publishing such notice in two (2) issues of the Bozeman Daily Chronicle, a daily
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 tems of Section 11-2201, sub-paragraph "4"
HC" of the Revised Codes of Montana, 1947, as amended"because one-hundred percent of the property
owners of said ~pecial 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 thereof held
on the 16th day of May, 1973.
WILLIAM E. GRABOW, Mayor
ATTEST:
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Clerk of the City Commission
State of Montana .
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County of Gallatin :
City of Bozeman .
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I, Erna V. Harding, Clerk of the Commission of the City of Bozeman do hereby certify
that the foregoing Resolution No. 1576 was published by title and number in the Bozeman
Daily 6hronicle, a newspaper of general circulation printed and published in Bozeman in
the issue of 23rd day of May, 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
30th day of May, 1973. Co.> h/ //;/ L-
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i~a';-v'-:cI{a;~~ /./ ,</0'1 1,/<
Clerk of the City Commission
COMMISSION RESOLUTION NO. 1576
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