Loading...
HomeMy WebLinkAboutResolution 1260 Creates SID No. 466 t55 COMMISSION RESOLUTION NO. 1260 A IlliSOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN DECLARING IT TO BE THE INTENTION OF THE CITY OF BOZEMAN, MONTANA, TO CREATE A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN AS SPECIAL IMPROVEMENT DIS- TRICT NO. 466 FOR THE PURPOSE OF CONSTRUCTION, RECONSTRUCTION AND IN- STALLATION OF AN ASPHALTIC CONCRETE PAVEMENT, CONCRETE INTREGAL CURBS AND GUTTERS, NECESSARY EXCAVATION AND FILL, GRAVEL BACKFILL, NECESSARY STREET MONUMENTS AND OTHER APpm~TENANT WORK THERETO, ALSO THE CONSTRUC- TION AND INSTALLATION OF STORM DRAINAGE PIPE, INCLUDING TRENCH EXCAVATION I AND BACKFILL, INLETS, MANHOLES AND OTHER NECESSARY APPURTENANT WOillZ THERETO ON WEST BEALL STREET BETWEEN NORTH TRACY AND NORTH GRAND AVENUE. ---....._- Hhereas, there has been filcd with the Clerk of the City Corrnnission of the City of Bozeman, Montana, a petition in due form of certain O\"llers of properties situated on West Beall Strcet between North Tracy and North Grand Avenue, asking that a special improvement district be created for the purpose of the construction and installation of an asphaltic-concrete pavement project to include intregal concrete curbs and gutters and the necessary appurtenances to said pavement; and. WHEREAS, at a regular meeting of the City Corrnnission of the City of Bozeman held on the 13th day of April, 1966, the aforesaid petition was respectively considered and granted; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN: Section 1 Declaration of Intention That it is hereby declared to be the intention of the City of Bozeman to create a special improvement district to be known and designated as Special Improvement District No. l~66 for the purpose of the construction and installation of an asphaltic-concrete pavement project on West Beall Street between North Tracy and North Grand Avenue. Sai d pavement project to include con- struction and installation of intregal concrete curbs and gutters and the necessary appurtenances to said pavement. Section 2 Boundaries That the boundaries of said Special Improvement District No. 466 are described as follows: I Beginning at the point of intersection of the center lines of North Grand Avenue and West Beall Street; thence northerly along the center- line of said North Grand Avenue to a point which is 50.00 feet north- erly of the northerly street line of West Beall Avenue; thence easterly parallel to and 50.00 feet distant northerly of the northerly street line of said West Beall Street across Block 4, North Willson Avenue, Block 3, all in Beall's Third Addition to Bozeman, Montana, and across North Tracy Avenue to a point on the easterly line of said North Tracy Avenue; thence southerly along the easterly line of said North Tracy Avenue across West Beall Street and continuing along the easterly line of said North Tracy to a point 50.00 feet southerly of the southerly line of Beall Street; thence westerly parallel to and 50.00 feet dis- tant southerly from the southerly line of West Beall Street across North Tracy Avenue, across Blocks A and B of Tracy's Third Addition, als also across Willson Avenue to a point on the centerline of North Grand Avenue; thence northerly along the centerline of said North Grand Avenue to the true point of beginning. Containing within the above described exterior boundaries the following - lots and portions of lots and portions of lots: The northerly 21.85 feet of Lots 13 and 14 and all of Lots 15 and 16 of Block A. The northerly 21.85 feet of Lots 13 and 14 and all of Lots 15 and 16 of Block B, all in Tracy's Thirdt Addition to Bozeman, Montana. All of Lots 11 and 12, 13 and 14 of Block 3 and vacated por- I tion of Willson Avenue lying westerly of and adjacent to Lots - 13 and 14 of said Block 3; also all of tots 11 and 12, 13 and 14 of of Block 4 and the vacated portion of Willson Avenue lying easterly of and adjacent to Lots 11 and 12 of said Block 4, all in Beall's Thirdt Addition to Bozeman, Montana. Sec tion 3 Character of Improvements Construction of a pavement project with intregal concrete curbs and gutters and necessary appurt- enances to said construction, also the construction and installation of storm drainage pipe and other necessary appurtenant work thereto on West Beall Street between North Tracy and North Grand COMMISSION RESOLUTION NO. 1260 -- -- 156 Avenue, said pavement project to include construction of an asphaltic-concrete type surface course, all necessary excavation, gravel backfill and other appurtenant work thereto. Section 4 Estimate of cost. The preliminary estimate of cost is $31,000.00, including all street excavation, all materials installation costs and engineering and incidentals. Section 5 I Method of Assessment The cost of such improvement is to be assessed against the entire district, each lot or parcel of land within such district will be aseessed for that part of the whole cost which its area bears to the area of the entire district, exclusive of streets, avenues, alleys and public places; and further, each square foot of land within the district lying within 25 feet of the line of the street or avenue on which the improvements herein provided for are made, shall bear double the amount of the costs of such improvement per square foot of such land that each square foot of any other land within the district shall bear. The total actual square foot of assessable area within the said district is 88,379.19 square feet, which is the area figure on which all protests will be received considered and determined. Section 6 Extended District The City Commission of the City of Bozeman does hereby find that the contemplated work and improvements are, in the opinion of the City Commission, of more than local or ordinary public benefit and that the cost and expense of such improvements shall be chargeable on an extended district and the City Commission does hereby declare that the above described district and all lots included therein will be benefited by the contemplated improvements and that said district and all lots included therein shall be assessed to pay the costs and expenses thereof. Section 7 Payments. That the payments for said improvements shall be made in twenty (20) annual installments ex- I tending over a period of nineteen (19) years, but this shall not be construed to prevent payment in full at any regular payment datc by any property owner who desires to do so. It is proposed to pay the entire cost and expense of the construction and installation of said improvements with cash to be obtained from the sale of bonds of said Special Improvement District No. 466, as authorized by law. Such bonds will be in denominations of $100.00 each, and fra ctions or multiples of $100.00 where necessary, to be issued and chargeable against a fund to be known and designated as Special n I provement District No. 466 Fund of the City of Bozeman. The bonds will be redeemable at the - option of the City, singly or in multiples, and in the order of their registration, whenever funds are available for that purpose in said Special Improvement District No. 466. Said bonds will draw a simple interest from the date of their registration until called for payment, at a rate not to exceed six percent (6%) per annum, which interest shall be chargeable as a part of the cost of construction and installation of said improvements. The bonds willbe issued and sold in accordance with the pro- visions of Section 11-2232 and Section 11-2271, Revised codes of Montana, 1947, and all other applicable provisions of Title 11 of the Revised Codes of Montana, 1947, relating to to special improvement districts in cities and towns, and any amendmen ts thereof or thereto. Section 8 Protests and Notice That the regular session of the City Commission of the City of Bozeman to be held at the Commission Chamber, City Hall Building, Bozeman, Montana, on \-Jednesday, the 13th day of April, 1966, at the hour of one o'clock p.m. of said day, is the time and place, when and \"here the City Commission Hill hear and pass upon all protests duly and regularly made and filed against the creation of said proposed I Special Improvement District No. l~66, the improvements proposed to be made pursuant thereto and the extend and character thereof, or either thereof, and the Clerk of the City CorrIDlission be, and she is hereby directed to give notice in the manner and for the time as by law required, of the adoption of this resolution of intention. ADOPTED BY THE COMMISSION OF THE CITY OF BOZEMAN, MONTANA, at a regular and stated session of said Commission held on the 13th day of April, 1966. Mayor ATTEST: (- - ,,- .<'",/. -,--"", (-~~ ',- (;"t:/1.-CG /., r:.'ld zy,,(,.....-~ Clerk of the City C ~SS1on COMMISSION RESOLUTION NO. 1260 -.----