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HomeMy WebLinkAboutResolution 767 Create SID 380 for North Tracy 435 COMMISSION RESOLUTION NO. 767 A Hl"i.:SOL UTION OF THE CITY COMMISSI IN OF THE CITY OF BOZEMAN DECLARING 1'1' TO BE THE INTEN'rION OF 'rHE CITY OF BOZEMAN TO CREATE A SPECIAL IMPROVE- MENT DISTRICT TO BE KNOWN AS SPECIAL IMPROVEMENT DISTRICT NO. 380 OF 'rHE CI'rY OF BOZEMAN FOR THE PURPOSE OF CONSTRUCTING AND INS'rALLING A PAVEMEN'r PROJEC'r ON NOR'rH TRACY AVENUE FROM SHORT STREET 'r) PEACH S'rRr~Efr, SAID P A VEMEN'r PR 0 JEC 'r 'ro INCLUDE THE INs'rALLATION OF CRUSHED GRAVEL BASE COURSE, I CRUSHED GRAVEL CUSHION COlffiSE AND BITUMINOUS SURFACE COURSE. WHEREAS: 'rhere has been filed with the Clerk of the City Commission of The Ci ty of Bozeman, Montana, a petition in due form of certain property owners on North Tracy Avenue from Short Street to Peach Street, asking that a special improvement district be created for the purpose of constructing and installing a pavement project on North 'rracy Avenue from Short Street to Peach Street, said pavement project to include the installation of crushed gravel base course, crushed gravel cushion course and bituminous surface course: and WHEREAS: That at a regular meeting of the City Commission of the City of Bozeman held on the 28th day of July, 195LI , the aforesaid petition was considered ang granted; now, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION JF THE CI'rY OJ<' BOZEMAN: Section 1- DECLARA'rION OF IN'rEN'rION. That iit is hereby declared to be the inten- tion of The City of Bozeman to create a special improvement district to be known and designated as Special Improvement District No. 380 of The City of Bozeman for the purpose of constr~ting and installing a pavement project on North Tracy Avenue from Short Street I to Peach Street, said pavement project to include the installation of Cur shed Gravel Base Course, Curshed Gravel Cushion Course and Bituminous Surface Course. Section 2. BOUNDARIES. The boundaries of said Special Improvement District No. 380 are described as follows: Beginning at the Southwest Corner of Block F of Beall's Second Addition to The City of Bozeman, thence Easterly along the North Line of Short Street to a point on the West Line of the N0rth and South alley in said Block F; thence Northerly along the West Line of said alley to a point on the South Line of Peach Street; thence Westerly along the South Line of Peach Street to a point on the East Line of the N rth and South alley in Block One (1), of Beall's Third Addition to The City of Bozaman;thence Southerly along the East Lin e of the alley in said Block One (1) to a point on the Nnrth Line of Short Street; thence Easterly along the NQrth Line of Short Street to the point of beginning. Section 3. CHARACTER OF IMPROVEMEN'rS. The character of the improvements to be made within said Special Improvement District No. 300 is: The construction and installation of a pavement project on North Tracy Avenue from Short Street to Peach Street, said pave- ment project to include the installation of curshed gravel base course, crushed gravel cushi,on course and bituminous surface course. Section ~. ESTIMATE OF COST. The preliminary estimate of the cost of said improve- I ments, lncluding all street excavation, materials, installation costs, engineerIng and incidentals is Five Thousand. Eight Hundred Sixty-nine and70/100 Dollars ($5,869.70). Section S. MET'.IOD OF ASSESSMENT. The preliminary estimate of cost of said improve- -- men ts, inc 1 ud ing all street excava ti on, na terIals , installation costs, engineering and indidentals as set forth above, is to be assessed against the property within said Dis- trict on a front foot basis. The estimated rate of assessment is $9.8485 per front foot. Section 6. ACTUAL FRONTAGE OF DISTRICT. The tctal actual frontage of all property within said proposed Special Improvement District Number 380 is 596 feet, which is the n ___._____....__... n__....__ .____... ._._._ n..... ---.-..-.-.-...-. 436 frontage on which all protests will be received, considered and determined. Section 7. PAYMENTS. That payments for said improvements shall be made in twenty (20) equal annual installments extending over a period of nineteen (19) ye ar s , but thi s shall not be con s trued to prevent pavmen t in full a t any regular payment de.t e by any prop- erty owner who desires to do so. It is proposed to pay the entire cost and expense of the cons truc t ion and installation of said improvements with cash to be obtained from the sale of bonds of said Special Improvement District No. 380, as authorized by law. Such bonds I will be in denomination of $100.00 each and rractions or m111tiples of $100.00 where neces- to be issued and chargeable against a fund to be known and designated as Special sary, Improvement District No. 380 F1md Jf 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. 380. Said bonds shall draw a simple interest from the date of their registration until called for payment, at a rate not exceeding six (6%) per cent per annum, which interest shall be chargeable as a part of the cost of the construction and installation of said improvemen t. The bonds will be issued and sold in accordance with the provisions of Sec- tion 11-2232 and 11-2271, Revised Codes of Montana, 19L(7, and all other applicable provi- sions of Title 11 of the Revised Codes of Montena, 19L 7 , relating to spe cia 1 improvement districts in citites and towns, and any amendments thereof or thereto. S;action 8. PROTESTS AND NOTICE. That the regular session of the City Commission of 'rhe City of Boz eman, to be held at the Commission Chamber, City Hall Building, Bozeman, Montana, on Wednesday, the 25th day of August, lC \:1 at the hour of one o'clock P.M. of 9;>\ , said day, are the time and place, when and where the City Commission will hear and pass I upon all protests duly and regularly made and filed against the creation of saidproposed Special Improvement District No. 380, the i"'1provement proposed to be made pursuant thereto and the extent and character, or either thereof; and the Clerk of the City Commission be, and he is hereby directed to give notice in the manner and for the tine as by law required, of the adoption of this Resolution of Intention. Adopted by the Commission of The City of Bozemm, Montana, at a regularand stated session of said Commission held on the b"th day of August, A. D. 1954. Attest: cl~l~n NOTICE IN RE COMMISSION RESJLUTION NO. 767 OF 'rHE CITY OF BOZEMAN DECLARING 'rHE IN'rEN'rION OF' 'rHE ClffY OF BOZEMAN TO CREATE A SPECIAL IMPROVEMENT DISTRICT TO BE KNOWN AND DESIG- NATED AS "SPECIAL IMPROVEMEN'r DIS'rRICT NUMBER 380". Notice is hereby given that on the 4th day of August, A. D. 1954, at a regular meet- lng of the Commission of 'rhe City of Bozeman, Commission Resolution Number 767 entitled: I A RESOLUrION OF THE CITY COMMISSION OF 'rHE CITY OF BOZEMAN DECLARING 1'1' '1'0 BE THE IN'rEN'rrON OF 'rHE CI'rY OF BOZEMAN TO CREATE A SPECIAL IMPROVEMENT DI S'l'RIC'r '1'0 BE KNOWN AS SPECIAL IMPROVE'V!EWr DIs'rR IC'r NO. 380 OF 'rHE Crry OF BOZEMAN FOR THE PURPOSES OF CONSTRUC'rING AND INSTALLING A PAVEMENT PROJECT ON NOR'rH TRACY AVENUE FROM SHORT STREE'r '1'0 PEACH S'rREEr, ZAID PAVEMENT PROJEC'r TO INCLtIDE THE INSTALLATION OFCURST-IED GRAVEL BASE COURSE, CRUSHED GPJI.VEL CUSHION COURSE AND BITUMINOUS SURFACE COURSE. was passed and adopted. That Wednesday, the 25th day of August, 1954, at one o'clock P.M. at the Commission Room of the City Hall, Bozeman, Montana, is designated by said Resolution No. 767 as the -...----- 437 time and place for hearing objections to the action proposed to be taken by said resolu- tion, and when and where any and all persons whose property is within said proposed Special Improvement District No. 380 on North Tracy Avenue from Short Street to Peach Street, in said City may appear and show cause, if any they have, against said proposed improvement. Objections must be made in writing and filed with the Clerk of the City Commission not I later than fifteen ( IS) days after the date of the first publication of this N~tice. An approxlmate andpreliminary estimate of the cost of doing such work and amking such lmprovement within said District, including all street excavation, materials, installation costs, engineering and incidentals, which is to be specially assessed against the property within said District, is *5,869.70. The total actual frontage of all property within the proposed District, exclusive of streets, avenues, and a lleys is 596 feet. Payment for the improvements is to be made in 20 annual installments over a period of 19 years with interest on the deferred payments not to exceed six (6%) percent per annum, payable an- nually, but this shall not be construed to prevent payment in full at any regular payment date by any property owner. For a description of the boundaries of said Special Impr ovement Diatric t Nu. 3JO reference is made hereby to Resolution No. 767 of the Commission of The City of Bozeman declaring the intention to create said District, which is on file in the office of the unders i '~ned Clerk of said Commiss ion in the Ci ty Hall of sai d C1 ty of Bozeman, State of Montana, and open for inspection to all interested parties and the public generally. This notice is given pursuant to the provisions of Section 11-2204., RevlsedCodes I of Montana, 191+7. Dated this 4th day of August, A. D. 1954. cle~lt~n Published in the Bozeman Daily Chronicle August 9th, 19 5L~ . State of Montana ) ) ss County of Gallatin ) I, - L. G. Shadoan, Clerk of the City Commission of The City of Bozeman, do hereby certify that the foregoing Notice in Re Commission Resolution No. 767 was published at length in the Bozeman Daily Chronicle, a newspaper of general circulation printed and p1ililished in said City in the issue of August 9th, 1954, and due proof of such publication is on file in my office. IN 1NITNESS WHEREOF' I hereunto set my hand and affix the corporate seal of my office this 14th day of August, 1954 . r-/~ Clerk of the City C,)mmission I RES0LU'l'ION NO. 767A See Page 481 Resolution No. 767