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Home My WebLink AboutResolution 905 Creating SID 405, Pavement Projects ')f8 ~~,) -, COMMISSION RESOLUTION NO. 905 A RESOLUTION OF TI-ill CITY COMMISSION OF' THE CITY OF BOZEMAN CREATING A SPECIAL IMPRO\~MENT DISTRICT TO BE KNOWN AS SPECIAL IMPROVEMENT DISTRICT NUMBER 405 BY THE CITY OF BOZEMAN FOR THE PURPOSE OF CONSTRUCTING AND INSTALLING A PAVEMENT PROJECT ON WEST ALDERSON STREET FROM SOUTH FOUR- TEENTH AVENUE TO SOUTH FIFTEENTH AVENUE, ON WEST DICKERSON STREET FROM SOUTH FOURTEENTH AVENUE TO SOUTH FIFTEENTH AVENUE AND ON WEST STORY STREET FROM SOUTH FOURTEENTH AVENUE TO I SOUTH FIFTEENTH A \TENUE IN SAID CITY WHEREAS, at a regular session of the Commission of the City of Bozeman, state of Montana, held on the 30th day of April 1958, the said Commission duly passed Commission Resolution No. 897 declaring it to be the intention of the said Commiss- ion to create a special improvement district to be known and designated as Special Improvement District No. 405 of the said City for the purpose of constructing and installing a pavement project on West Alderson Street from South Fourteenth Avenue to South Fifteenth Avenue, on West Dickerson Street from South Fourteenth Avenue to South Fifteenth Avenue and on West Story Street from South Fourteenth Avenue to South Fifteenth Avenue, and to specially assess the entire cost and expense of mak- ing 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. 897 is hereby referred to and made a part hereof for further particulars in respect to the boundaries of said Special Improvement Dis- trict No. 405. the estimated cost of said improvement and the method of assessing the same against the property of said District; and V'JHEREAS, notice of the passage of said Commission Resolution No. 897 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 to each person, firm or corporation hav- ing property wi thin the proposed Dis tric tat his or its las t known a ddres a, 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 WIillREAS, within the time provided by law and aaid published and served notice there were not sufficient protests against the proposed work and aga:l.nst the creation of said proposed Special Improvement District No. 405; and the City Commission was in I regular session on the 21st day of May 1958, 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: Section 1 That said Special Improvement District No. 405 of the City of Bozeman, State of Montana, be, and the same is hereby, created for the purpose of making the improvements as in said Resolution of Intention No. 897 and hereinafter described. Section 2 That said special improvement be, and the same are, hereby ordered to be made in said Special ImprovemantDistrict No. 405 as follows; CONSTmrCTING AND INSTALLING A PAVEMENT PROJECT ON WEST ALDERSON STREET F'ROM SOUTH FOURTEENTH A VENUE TO SOUTH FIFTEENTH A VENUE, ON WEST DICKERSON STREET FROM SOUTH FOURTEENTH AVENUE TO SOUTH FIFTEENTH AVENUE, AND ON WEST STORY STREET FROM SOUTH FOURTEENTH AVENUE TO SOUTH FIFTEENTH AVENUE, SAID PAVEMENT PROJECT TO IN- CLUDE THE CONSTRUCTION AND INSTALLATION O~ COMBINATION CONCRETE CURBS AND GUTTERS. GRAVEL BASE COURSE, CRDSHED GRAVEL CUSHION COURSE, BITUMINOUS SURFACE COURSE, SUCH STORM SEWER APPURTENkNCES AS ARE REQUIRED, AND OTHER WORK INCIDENTAL THERETO. Section 3 I That the entire cost and expense of making the special improvements herein referred to in said Special Improvement District No. 405 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 ($lOO.uO) each, and fractions of multiples thereof where necessary, to be issued and chargeable against a fund to be known as "Special Improvement District No. 405 Fund", said 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. 4U5 Fund; said bonds shall draw interest at a rate not to exceed six per cent (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 _n_ _ ...--... -....--- ')fq !-'.. )... of said improvement, a special assessment shall be levied against all of the lands within said Special Improvement District No. 4U5 as in said Resolution of Intention No. 897 de- fined. Section 4 Said assessment and taxes shall be payable in twenty (20) annual installments ex- tending over a period of nineteen (19) years, with interest on deferred payments; but this provl~ion shall not be construed to prevent full payment at any time. I Section 5 That the City Engineer be, and he is hereby, directed to prepare plans and specifica- tions for the doing of said work and the making of said improvements. Section 6 The pursuant to the provisions and authority ocnferred by Section 11-2232, Revised Codes of Montana, 1947, said bonds may be sold to the highest and best bidder thArefore for cash, and the proceeds of such sale used in making payment to the contractor, or con- tractors, for such work, and such payment may be made either, from time to time, or est- imates made be the engineer in charge of such improvement for the City, 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 ~f said work and the making of said improvements, the Clerk of the City Commtsaion of the \Jity of Bozeman, be, and is hereby, directed to publish a notice inviting proposals for the furnishing of material and the doing of the work and the making of said improvement on said Special Improvement District No. 405, which notice shall refer to the plans and spec- ifications on file, by publishing such notice in two (2) ismes of the Bozeman Daily Chron- icle, a daily newspaper printed and published in the City of Bozeman, not less than ten (lu) days before the time such bids will be opened. Passed and adoptsd by tha Commission of the City of Bo~ar session thereof held on the 21st day of May 1958. ,~~. ~-' Ma yor ATTEST: I /A~--?<~~ Clerk of the City Commission Sta te of Montana ) )ss County of Gallatin ) I, L. G. Shadoan, Clerk of the Commission of the City of Bozeman, do hereby certify that the foregoing Resolution No. 905 was published by title and number in the Bozeman Daily Chronicle, a newspaper of general circulation printed and published in said City in the issue of May 23 rd, 1958, and due proof of such publication is on file in my office. IN WITNESS WHEPEOF I hereunto set my hand and affix the corporate seal of my office this 26th day of May, 1958 . ~fi:~-z:<~~~j Clerk of the Commission I Resolution No. 905 ----..- __.___.__u_ . _ _..._