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HomeMy WebLinkAboutResolution 1400 Creates SID No. 492 ~-- 39 COMMISSION RESOLUTION NO. 1400 .~~~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN CREATING ~ A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN AS SPECIAL IMPROVEMENT c-' "~ ~ ~y "', DISTRICT NO. 492 OF THE CITY OF BOZEMAN FOR THE PURPOSE OF THE CON- STRUCTION AND INSTALLATION OF AN EIGHT (8) INCH SANITARY SEWER IN THE ALLEY OF BLOCK 12, SPRINGBROOK ADDITION TO THE CITY OF BOZEMAN TO SERVE LOTS NINE (9) THRU SIXTEEN (16) INCLUSIVE. I ----- WHEREAS, at a regular session of the Commission of the City of Bozeman, State of Montana, held on the 22nd day of January, 1969, the said Commission duly passed Commission Resolution No. 1399 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. 492 of the said City for the purpose of the construction and installation of an eight (8) inch sanitary sewer in the alley of Block 12, Springbrook Addition to the City of Bozeman to serve Lots Nine (9) thru Sixteen (16) inclusive, 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. 1399 is hereby referred to and made a part hereof for further particulars in respect to the boundaries of said Special Improvement District No. 492. 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. 1399 was duly published. as required by law. in the Bozeman Daily Chronicle, a daily newspaper of general circulation printed and published in the City of Bozeman, Montana, and by sending a copy of such notice by U.S. Mail I 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. 492, and the City Commission was in regular session the 13th day of February, 1969. at one o'clock p.m. of said day, at the Commission Chamber in the City Hall Building in the said City of Bozeman, 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 COMMISSION OF THE CITY OF BOZEMAN: Sec tion 1 That said Special Improvement District No. 492 of the City of Bozeman, State of Montana, b~ and the same is hereby created for the purpose of making the improvements as in said Resolution of In- tention No. 1399 and hereinafter described. I Section 2 That said special improvements be, and the same are, hereby ordered to be made in said Special Improvement District No. 492 as follows: THE CONSTRUCTION AND INSTALLATION OF AN EIGHT (8) INCH SANITARY SEWER IN THE ALLEY OF BLOCK 12. SPRINGBROOK ADDITION TO THE CITY OF BOZEMAN TO SERVE LOTS NINE~) THRU SIXTEEN (16) INCLUSIVE. Sec tion 3 That the entire cost and expense of making the special improvements herein referred to in COMMISSION RESOLUTION NO. 1400 40 said Special Improvement District No. 492 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 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. 492 Fund", said bonds to be redeemable at the option of the City of Bozeman, Montana, whenever funds are avail- I able for that purpose from said Special Improvement District No. 492 Fund; said bonds shall draw interest at a rate not to exceed six percent (6%) 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. 492 as in said Resolution of Intention No. 1399 defined. Sec tion 4 Said Assessment and taxes shall be payable in eight (8) annual installments extending over a period of seven (7) 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. Sec tion 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 I 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. See tion 7 That upon 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, Montana, be. and is hereby directed to publish a notice inviting proposals for the making of said improvements on said Special Improvement District No. 492, which notice shall refer to the plans and specifications on file, by publishing such notice in two (2) issues of the Bozeman Daily Chron~ icle, 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. PASSED AND ADOPTED by the Commission of the City of BozemaQ)at a regular session thereof held on the 13th day of February, 1969. . <1 'll ' --J~-./2/1,'v / ,'r-Y~--'--l'-t'u ATTEST: G'- I iss10n State of Montana ) County of Gallatin : ss City of Bozeman ) I, Erna V. Harding, Clerk of the Commission of the City of Bozeman do hereby certify that the foregoing Resolution No. 1400 was published by title and number in the Boze- man Daily Chronicle, a newspaper of general circulation printed and published in said City in the issue of 21 February 1969 and due proof is on file in my office. IN WITNESS WHEREOF I hereunto set my hand and affix the corporate seal of my hand and affix the corporate seal of my office this 21st day of February 1969. ~c ission COMMISSION RESOLUTION NO. 1400 ..-.-- . _. - .--