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HomeMy WebLinkAboutResolution 1184 Creates SID No. 452 446 COMMISSION RESOLUTION NO. 1184 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN CREATING A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN AS SPECIAL U"lPROVEMENT DISTRICT NO. 452 OF THE CITY OF roZEMAN FOR THE PURPOSE OF THE CONSTRUCTION AND RECONSTRUCTION OF A PAVEMENT PROJECT ON MAIN STREET BETWEEN THE VJESTERLY STREET LINE OF WALLACE AVENUE AND THE WESTERLY STREET LINE OF EIGHTH AVENUE SOUTH, AND ON SEVENTH AVENUE NORTH BETWEEN THE NORTHERLY LINE I OF MAIN STREET TO THE NORTHERLY LINE OF OAK STREET. WHEREAS, at a regular session of the Commission of the City of Bozeman, State of Montana, held on the 24th day of February, 1965, the said Commission duly passed Commission Resolution No. 1176 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. 452 of the said City for the purpose of constructing and reconstructing a pavement project on Main Street between the westerly street line of Wallace Avenue and the westerly street line of Eighth Avenue South, and on Seventh Avenue North between the northerly line of Main Street to the northerly line of Oak Street, 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. 1176 is hereby referred to and made a part hereof for further particulars in respect to th e boundarie s of said Spa ci al Improvement District No. 452, the estimated cost of said improvements and the method of assessing the same against the pro- perty of said District;' and WHEREAS, notice of the passage of said Commission Resolution No. 1176 was duly published, as required by law, in the Bozeman Daily Chronicle, a daily new- spaper of general circulation printed and published in the City of Bozeman, Montana, and by sending a copy of such notice by U.S. Mail 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 afore- said, and due proof having been made of the publi cation 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. 4526 and the City Commission was in regular session on I the 24th day of February, 19 5, at one 0' clock p.m. of sai d day, at t he 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: Section 1 That said Special Improvement District No. 452 of the City of Bozeman, State of Montana, be, and the same is hereby created for tbe purpose of making the improvements as in said Resolution of Intention No. 1176 and hereinafter described. Section 2 That said special improvements be, and the same are, hereby ordered to be made in Special Improvement District No. 452 as follows: CONSTRUCTION AND RECON STRUCTION OF AN AS}~HALTIC PAVEM:ENT PROJECT ON MAIN STREET BETWEEN THE WESTERLY STREET LINE OF WALLACE AVENUE AND THE vJESTERLY STREET L.l-NE OF EIGHTH AVENUE roUTH, AND ON SEVENTH AVENUE NORTH BETWEEN THE NORTHERLY LINE OF MAIN STREET TO THE NORTHERLY LINE OF OAK STREET, SAID PAVEMENT PROJECT TO INCLUDE CONCRETE INTREGAL TYPE CURBS AND GUTTERS, INSTALLATION AND READJUSTMENT OF STORM DRAINAGE AND APPURTENANCES, INSTALLATION AND READ- JUSTMENT OF TRAFFIC SIGNALS, ADJUSTMENT OR CITY O~JNED UTILITIES AND ANY APPURTENANCES THERETO AND ANY OTHER IN- CIDENTALS NECESSARY THERE'ID. Section .3 I That the entire cost and expense of making the special improvement herein referred to in said Special Improvement District No. 452 shall be paid by Special Improvement District Coupon Bonds, as authorized by the laws of the State of Montana, which bonds shall be in 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. 452", said bonds to be re- deemable at the option of the City of Bozeman, Montana, whenever funds are availab+e for that purpose from said Special Improvement District No. 452 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 44'7 date of the registration of said bonds until said bonds are paid. ~o pay said bonds, and 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. 452 as in said Resolution of Intention No. 1176 defined. Section 4 Said assessment and taxes shall be payable in twenty (20) annual installments extending over a period of nineteen (l9) years, with interest on deferred payments; I 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 t he 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 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 and the acceptance thereof by the City Commission. Section 7 That upon completion of plans and specifications by the City Engineer fOD the doing of said work and the making of said improvements, the Clerk of the ity 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. 445, which notice shall refer to the plans and specifi- cations on file, by publishing such notice in two (2) issues of the Boaeman Daily Chronicle, a daily newspaper printed and pub.Lished in the City of l:$ozeman, not less than ten (10) days before the time w.ch bids will be opened. , ' PASSED AND ADOPTED by the Commission of the City of Bozeman at a regular session thereof held on the 24th day of February, .L~65. jF .,;' I ATTSS.,. '1' ... P.r. es.. ident pro Tempore ,I) j-J ~ '. , ? ~ ~/" , , ;i ' ~lerk ~he Or y 0 ssion ' Commissioner ---...-- Sta te of Mon tans ) Coun ty of Ga.Lla tin) ss Ci ty 0 f Bozeman } I Erna V. HardIng, Clerk of t he Commie aion of the 01 ty of 1:Sozeman, do hereby certify t m foregoing Resolution No. 1184 was published by tl tIe and number in the Bozeman Daily Chronic.Le, a newspaper of geners.L circulation prmted and Plblished in said City in be issue of the 1st Day of March, 1':::165, and due proof of such plblication 15 on file in my office. IN WITNESS WHEREOF I hereunto set my hand and affix the corporate seal of my office this 22nd day of March, 1965. ~//)f+ erk of t te it. ommiss1 on I