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HomeMy WebLinkAboutResolution 822 Creating SID 385, Pavement Project on South Black Ave. 84 cm.wrISSION RESOLUTION NO. 822 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN CREATING A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN AS Sf-ECIAL DepRaVEMENT DISTRICT NUMBER 385 OF THE CITY OF BOZEMAN FOR THE PURPOSE OF CONSTRUCTING AND IN- STALLING A PAVEMENT PRO,TECT ON SOUTH BLACK A VENUE FROM STORY STREET TO COLLEGE STREET, IN SAID CITY. WHEREA S : At a regular session of the Commission of the City of Bozeman, Sta te of Montana, held on the 27th day of June, A. D., 1956, the said Commission duly passed I Commission Resolution No. 811 declaring it to be the intention of the said Commission to create a special improvement district to be known and designated as Special Improve- ment District No. 385 of said City for the purpose of constructing and installing a pavement project on South Black Avenue from dtory Street to College Street, and to special- ly assess the entire cost and expense of making said improvement 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. 811 is here- by referred to and made a part hereof for further particulars in respect to the boundar- ies of said Special Improvement District No. 385, the estimated cost of said irrprovement and the method of assessing the same against the property of said District; and WHEREAS: Notice of the passage of said Commission Resolutlon No. 811 was duly pub- lished, as reQuired by law, in the Bozeman Daily Chronicle, a daily newspaper of general circulAtion printed and published ln 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 tha t such notice was first published as aforesaid; and due proof having been made of the publica- I tiOD 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 proposed work and against the creation of said proposed Special Improvement District No. 385; and the City Commission was in regular session on the 18th day of July, 1956, at one o'clock P.M. of said day a t 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 bo th, or either; and it further appearing that all of the proceedings for the creation of said District have been lawful and regular; NOW, '1'HEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF BOZEMAN: Section 1 That said Special Improvement District No. 385 of The City of Bozeman, Sta te of Montana, be and the same is hereby cre,a ted for the purpos e of making the improvemen ts as in said Resolution of Intention No. 811, and hereinafter described. Section 2 I That said special improvements be, and the same are, hereby ordered to be made in said Special Improvement District No. 385, as follows: CONSTRUCTION AND INSTALLATION OF A PAVEMENT PROJECT ON SOUTH BLACK A'VENUE FROM S TO'RY STREET TO COLLEGE, SAID PAVEMENT PROJECT TO INCLtIDE THE CONST'RUCTION OF A BITUMINOUS SURFACE COURSE ON THE EXISTING BASE, AND OTHER WORK INCIDENTAL THERETO. - -- 85 Section 3 That the entire cost and expense of making the special improvements herein referred to in said Special Improvement District No. 385 shall be paid by Special Improvement District Coupon Bonds, as authorized by the laws of the State of Montana which bonds sha 11 be in the denomination of One Hundred Dollars ($100.00) each, and fractions or I multiples thereof where necessary, to be issued and chargeable against a fund to be known as "Special Improvement District No. 385 Fund", sa id bonds to be redeemable at the option of The City of Bozeman, Montana, whenever funds are available for that purpose from said Special Improvement District No. 385 Fund; said bonds shall draw simple interes t at a rate not to exceed six percent (6;1&) 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, represent- ing the cost of said improvement, a special assessment shall be levied against all of the lands within said Special Improvement District No. 385 as in said Resolution of Intention No. 811 defined. Section 4 Said assessment and taxe s shall be payable in ten (10) annual installments extend- ing over a period of nine (9) years, with interest on deferred payments; but this pro- vision 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 spec- I ifications for the doing of said work and the making of said improvements. Section 6 That pursuant to the provisions, and authority conferred by Section 11-2232, Re- vised 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 con- trac tor, 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 Ci ty, or upon the entire completion of the improvements and the acceptance thereof by the City Commission. Section 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 Commis- sion of The City of Bozeman be, and Is hereby, directed to publish a notice invi ting proposals for the furnishing of material and the doing of the work and the making of said improvement on said Special I~provement District No. 385, which notice shall refer to the plans and specifications on file, by publishing such notice in two (2 ) issues of I 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. Passed and adopted by the Commission of The City of Bozeman at a regular session thereof held on the 3rd day of October, 1956. ~~ Ma yor ATTEST: - ~ ' Xb// '-CC~-d~~ Clerk of the ~ity Commission St:f'to "1.f ~J~~t2~A, ".,;).Inty 'f rcsl1r-l-in)r"C'. T T 0 r"r-'nr1'-"~n "lr'rl( 'in }jrn,(,l"\I ('(,""j-i".. ~.~.,,!. RO"j- ) ',J (. ~ -, (".;.,i ,. ....,)1..). I, ,J. '.,1. ,) 1(.' ',J_I,,! "I , \~ ,.~ 1"" . \'_ ".., ",' '.) ,j ~ ,I..i. ..J 'L'./ '-"'. ~,L-o I..... L L,.)" 1 ~J t 1 :')::--! nC) . '?"?,i{:-', nU:111.s'1ed :)"'"ltl(} """1 '1 "() l'l t'1')(, :,,) >, n ,'., f'" (,., ,-. ''''1'' (' 1 0 ., ') I eJ / [~~) . c. , , ',,~ .. ,m }, .., I . .J _,!' _ .l _ , .. ,.I. ...J. ,I, I:" .,.. ,,' . ~,. .~,' ..,.. \ / ~ I ,,~' . . Resolution No. 822- . 4-:l!i,..-'.~:~';~.d~-_) _n_