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HomeMy WebLinkAboutResolution 1576 Special Improvement District 531 463 COMMISSION RESOLUTION NO. 1576 ' ""'1 H....... ,,,,.,;t )be6.~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, c: '2 7~ -:;-:<-'XJ - - _ . 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 --.--..---- ..-..------.-- .--.-.-".-...-.. --~._- .- 464 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. I 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: r,~j / 1/"/// L / ~~T _"" . __-7'"". / .~____. ," ~~:~:/HAmii~J:/(f -7 I Clerk of the City Commission State of Montana . . County of Gallatin : City of Bozeman . . 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- .:.- ~', .,./ ..--1....,. ___ .'" .../ _ _ / .~ ...<.:;, ..'''''' i~a';-v'-:cI{a;~~ /./ ,</0'1 1,/< Clerk of the City Commission COMMISSION RESOLUTION NO. 1576 ____ ....n..___.__._ .. _. _.__._._._.. .---..-...----.---.."...-... -.---- .-..-.--........-- -.... ._---_._._._-----~- -----