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HomeMy WebLinkAboutResolution 1175 Creates SID No. 451 4:J~7 COMMISSION RESOLUTIUN NO. 11'Ib - :n A RESULUTION OF THE CITY COMMISSION OF 'IRE CITY OF BOZEMAN CREATING A S~ECIhL IMPROVEMENT DISTRICT TO BE KNOWN AS Sl'ECIAL IMPROVEMENT DISTRICT NO. 45L iF THE CITY OF BOZEMAN FOR 'lliE PURl'OSE OF CONSTRUC'l'ING AND INSTALLING A PAVEMENT .PROJECT ON SOUTH BOZEMAN AVENUE BETWEEN EAST GARFIELD STREET AND EAST LINCOLN STREET, A PORTION OF EAS'l' GARFIELD STREET FROM THE EASTERLY I LINE OF SUUTH BLACK A VENUE AND A t'OINT luu FEET EASTERLY uF THE EASTERLY LINE OF SOUTH BOZEMAN STREET AND APoRrrION OF EAST LINCOLN STREET FROM THE EASTERLY LINE OF SOUTH BLACK AVENUE TO A POINT luO FEET EASTERLY OF THE EASTERLY LINE OF SOUTH BoZEMAN AVENUE. WHEREAS, at a reguiar sesslon or tne Comm~sslon of the C1ty of bozeman, State of Montana, held on the 2vloh day of Januarr, 1965, the sald Commission duly passed Comm1ssion Resolution No. 1165 deciaring it to be the in~en~ion of tne said Comm- lssion to crea te a special improvement dis tri8t to be known and des1gna ted as Spec- ial Imprvvement District No. 451 or the said ity for tne purpose of constructing and installing a p~vement project ou South Bozeman Avenue between East Garfie.id Street apd East Lincoln Street, a portion of East GarfieLd Stree1.i trom the easterLY line of ~outh Bl~ck Avenue and a pv1.nt luO feet easterly of the easter..lY line of South Bozeman Street ~nd a portion of East Lincoln Street from the easterLY Line of South BlaCK: Avenue to a ,lJoi:nt lvu feet easteriy of tne easterly ilne of' Sou th Bozeman Avenue, and to spec1al.ly assess tille entire cvst and expense of making said improvements aga1ns~ the property within said Dls~rict under ~nd by Virtue of the pruvisions of the laws of tue sta te of Mon tana ln sucn case made and prOV1.ded, and said Connnis slon Resolution No. ilb5 lS hereby referred to <::tl1d made a part he rev!' fvr further particulars in respect to the bou.ud~ries of said Specia 1 Im.fJI'ovement Distr1c~ No. 4bl, the es tim~ ted cost of said lmprvve100n ts bnd the method of assess1Dg the saLne agains t the property of said Dis'tEl.ctj and WHE~EAS, not1ce of tne passage of said Coumission Resol.ution No. 1105 was du.iy publisHed, ....s r 64.u1rsd by law, 1.n toe Boz6II'1an DaiJ.Y Chronic.1.e ~ a dtl.iJ.Y news- paper of general. C1.rCUil::l tJ.on prin ted !:tnd !-'ut).J,.1shed in the Cl ty of ozellu:l.n, Man tana, and by sending c:\ copy of sucn nvtice by U.S. Mail to eaCh person, f 1m or corp- oration having property within the proposed District at his or its J.ast 1mown address, upon the same date that such notice was first PubLished as aforesaid, I and due proof ffi ving been made of the publication and service of said notice; and W:tEREAS, within the tilT'e provided by law and said pub.J.1shed and served notice there were not sufficient protests agains t the creation of said proposed Special Improvement District No. 451, and the City Commission was in regular session on the 20th day of ,January, 1~)65, ~t one o'cJ..ock 8.m. of said day, i::tt the Commission Chamber in the 01ty Hall Buiiding in the said ity of Bozem~, tne same being tne t1me and pLace designeated in said notice for passing upon ail pro~ests, if any, against the prop()~:~ed work or against the creation or extent of said District, or bo th or ei ther; ~d it fur the r appearing tnat all of tM proceedings for the creation of said istrict have been lawful and reguiarj NOW, THEREFORE, BE IT RESOLVED BY '!HE COMMISSION OF THE CITY OF BOZEMAr,: Sectl.on 1 That said SpeciaL Improvement District No. 451 of the City of Bozeman, State of Montana, be, and the same is hereby created for ttle purpose of making 111e im- provements as in said Resolution of Intent10n No. 1165 and hereinafter described. Sectlon 2 That said special improvements be, and the Bame are, hereby ordered to be made in said Special Improvement District No. 451 as rollows: CONSTRUCTI uN AND IN S'l'ALLATIUN OF AN ASPHALTIC-CONCRETE PAVEMENT PROJECT VI[ TH INTREGAL CONCRETE CURBS AND GUTTERS A ND NECESSARY APPURTENANCES TO SAID CONSTRUCTION AND IN STALLA TION ON SOUTH BOZE'.t1AN AVENUE BETWEEN EAST GARFIELD STREET AND EAST LINCOLN STREET, A PORTION uF EAST GARFIELD STREET FRoM THE EASTERLY LINE OF SOUTH BLACK AVENUE AND A POINT lvu FE:ET EASTERLY OF THE EASTERLY LINE OF SOUTH BOZEMAN STREET AND A foRTION OF EAST I LINCOLN STREET FRuM 'IHE EASTERLY LINE OF SOUTH BLACK A VT!;NUE 'ill A POIN'l' JLvu FEET EASTERLY of THE EASTERLY LINE OF SOUW: BOZEMAN A VENUE. Section :3 Tha t the entire cos t am expens e of making tne spe clal improvemen therein referred to in said Special. Imrovement District No. 451 sha.u be plid by Special Improvement District Coupon Bonds, as authorized by the laws of the State of' Montana, which bonds shail be in denomination of the One Hundred DOilars ($lvu.uu) each, and fractions or multiples thereof where necessary, to be issued and cnargeable against a fund to be known as "~peclal Improveuent Dls1;rlct No. 451 Fund", sald bonds to be redeemable at the option of the Gits of Dozeman, Montana, whenever funds are availab.Le for that purpose from said pecia.1 Improvement District No. 451 Fund; said bonds shall draw interest at a rate not;gxceed six percent (6%> per --........ 418 annum, which shall be chargeable as a part of the cost of said improvements and shall run from the date of the registra t:ton of said bonds until said bonds are paid. To pay said bonds, and the interest thereon, representing the cost of said 1mprove- 1gent, a specia.L assessment shall be le vie d against all of the lands wi thin said pecial Improvement District No. 451 as in said Resolution of Intention No. .L165 defined. Section 4 Said assessment and taxes shall be payable in twenty (2v) annual installments I extending over a period of nineteen (1'J) years, w1th interest on deferred payments; but this provision shall not be construed to prevent full plyment at any time. Seot1on 5 That the Vity Engineer be, and he is hereby directed to prepl:lre plans and specificationsfbr the doing of said work and the making of said improvements. Seotion 6 That pursuant to the provisions and I:lU thorlty conferred by Section 11-2232, Revised Codes of Montana 194'1, said bonds may be sold to ttle highest and. best bidder therefor for cash, ""nithe proceeds of such sale used in nsklng payment to the contractor, or contractors, for such work, and such payment may be made either from time to time on est1ma tes made by the engineer in charge of Bucn improvements tor the City, or upon the en tire completion of tne improvements ttm the acceptance thereof by the City Comm1ssion. Section 7 TbB. t upon comple tion of plan sand spe cifica tions by the Ci ty Engineer, for the doing of said work and the making of said improvemen ts, tte clerk of the Ci ty Comm- ission of the City of ~ozeman, Montana, be, and is hereby direoted to pub.Lish a not1.ce inviting proposals for the na king of said improvements on said Special Improvements District No. 451, which notice shall refer to the plans and speci- fications on file, by pub.L:1-shing SUCh notice in two (2) ls~ues of in6 Bozeman Daily Chronicle, a daily newspaper prin ted and pub.Lished in 'the City of .bozeman, not .Le SS than ten (lv) days before the time such bids will be open ad. PASSED AND ADO.PTED BY the Commie sion of the v ty,7of Bozeman a t a regu.La r sess ion thereor heid on the 2uth day or January, 1965. II AfTfST ~ Ce-;:kir t e ty 0 1s sion State of Montana ) County of Gallatin)ss City of rlozeman ) I Erna V. Harding, C.Lerk of the Commission of The vity of Bozeman, do hereby certify the foregoing Commission Resolution No. 1175 was pub- lisned by title and number in the ... oz eman Daily Chron1c.Le, a newspaper of general ciroulation printed and' published in said Cl ty in the is sue of the 27th day of January, 1965, and due proof of sucn publication is on file in myoffice. IN WITNESS WHEREOF I hereunto set my hand and affix the Corporate Seal of my office this 17th day of February, .L965. ~~ c: . ,,;/. ./d4A"..- . ... ",.,. ~rk 01' n . y mmission I