HomeMy WebLinkAboutResolution 748 Creating SID 370
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COMMISSI,jN PE:::iOL UrIUl'T NO. 7LiJ
A TIESOLUTION OF THE CI'TY
COMrvII~)SIJr'l OF' 'THE CI'rY OF T30ZElvlAN, MONTANA CR8/ TriG
A SPECIAL IMPPOVSMEN'r DIs'rRIC'T
C)F SAID CITY 'ro BE KTlJ )WN AND DESIGNJITED AS
SPECIAL IMPROVEMENT DISTRICT
NO. 370 FOR
'rHE PUFF JSE OF' CONSTPUC'['TNG A lID IN-
STALLING A SANTrAPY SE'VER
IN sour-:-I CHURC!I A VEtJUE PP)M STORY s'rREE'r sourH FOR
A DIs'rANCJ.-t::; OF A PPROXIMi'
TELY FOUR HUNDRED 01-00) FEET, II TlJD 'ro SPEC IlILT,y ASSESS
'rHE COST OF' SUCH CONST"RUC'rION
AND INST/lLLA'rION AGA JN~)'l' THE PROPER'rv WI'rHIN
'rfIE BOUNDl'RIES OF S/lID
SPECIAL IMPROVEMENT DISTRICT so CRErTED ON II FHONT FOOT
BJ\SIS,
P1JRSUANT T j THE ST A'rUTE:S IN SUCH CA2,ES M/\ DE MID PROVIDED A:ID P1JHS UAN'T
'ro AND IN CONFOPMI'l'V WITH
CJMMIS,':;I:JN RESOLUTL)1.J NUMBER 733 OF' SAID CI'rY COM-
I
MISSION AS PASSED AND ADOPTED
BY SAIn CITY CJMMISSIJn ON T4E 23rd DAY OF'
F'EBRUJ\RY, P.. D.
19S3.
WlIEREJ,S:
'The City Commission of the City of bOZellSn, on the
8th day of April, 19S3,
passed and adopted Commission Resolution No.
733 declaring it to be the intention of said
Commission to create Special Improvement District No.
370 of said City for the purpose
of construct~_ng and :i~nstalling a sanitary sewer in soUt:l Church Avenue fror.l story Street
south for a distance of ap:)roximately four Inmclred (LtOO
) feet, which said Resolution,
of
record and on file
in the office of the Clerk of said City Commission and open to the in..'
spectJ.on of the public, is
h_ereby referred to for further pl1rticular3; and
WHErEAS; Due proof has been
made that servLce of notice of the adoption of seld Fpso-
lution No. 733 was duly
made and given as by law provided; and
I,yH-q;REAS; At t he time and
place fixed in sald Resol utionNo. 733 for the making and
filing of protests agaInst the creeti)n of said proposed Special Improve~ent District No.
370, to-wit,
at the hour of 1:00 o'clock P.M. on Wednesday,
the twenty-ntneth day of
April, A.D. 1953, being
a regular m.o,ettng time of said C-tty Commission, ut the Commission
Cha'Tlber in the City Hall Building of the Ci ty of Bozema'1, no protests wero made or filed
against the creation of said Special Improvement District No.
370; NOW 'THEFEF'JRE
I
BE IT RESOLVED .i3Y 'rlfE C,-HVIMISSION \)F' 'rln~ CI'rY OF BOZEMAN:
Section 1.
'That said Special Improvement District No. 370 of'
the City of 3ozeman,
State of Mon~na, be and
the sacne is hereby creat ed for the pur1)ose of making the Ln-
prove'Jents as in said
ResolutiJD of IntentiJn No. 733 and hereinafter described.
Section 2.
That said special improve~ents be,
and the same ore, hereby ordered to be
made in said Special Improvement District No.
370, as follows:
'TIfE CONS'rRUC'I'I)jI[ AND
TNSTALIJI TION OF A SANl'I'ARY SE1.1ER IN SOUTr! CHURG'{ A'IEMUE
FROM STORY s'rRS:~'r SOUTH
FOE A DISTANCE OF APPROXB1i\'r.[~LY FuUR HU1mRED (400) FF:E'r
Section 3.
'l'hat the entire cost and expense of making the specivl i'lprovement herein
referred to in said Special
Im[X' ovement Distric:t No. 370 shall be paid by Special Improve-
ment District Coupon Bonds,
as authorized by the laws of the Stfite oj" lVlontm18, which bon ds
shall be in the denomination of One Hlmdred ($100.00)
Dollars each, and fractions
and mul-
tiples thereof where necessary,
to be issued_and chargeable agaInst a fund to be known as
"Special Improvement District No.
370 Flmd," said bonds to be redeemRble at the option of
the City of Bozeman, J'bntana, whenever f~mds are &vailable for thut purpose fro;} said
Special Improvement District No.
370 Fund; said bonds shall drlw simple
:nterest at a
I
rate not to exceed six (6%)
per cent per annUl, which s[wll be chcl'tjeable as H prrt')f
the cost of said improvements and shall run fro'n the dvte of the registrl'ltion of said
bonds until said bonds are paid.
To pay said bonds, and the interest thereon, represent-
ing the cast of said i~provement,
a special assessment 3h811 be levied against all of the
lands within Special
Improvement District No. 370 as in said Resolution of Intention No.
'733 defined, each lot,
peice and parcel of land within such bondaries to be assessed therefor
. -. -...
. .-....
"'~
38~)
in the proportion which its
frontage bears
to the frontage of all
the land withi.n such
bound;ries,
on a front foot
basis.
Section 4. Svid assessment and taxes
shall be payable
in ten (10)
annual ]_nstall-
ments
extendIng over a period of nine ( ())
years, with Inter0st on deferred payments;
but
this
provision sh[;ll not
be construed to nrevent full payment at any time.
1
Section 5. 'rhat
the City Engineer, be,
Emd he is hereby, directed to prepare plens
and specifications
for the doi:lg of said
work and the making
of said improvements.
Section n. That Dl1rsuant to the provisions of,
and authority conferred by Section
11-2:::>3?,
revised Codes of Montana,
1947, said bonds may be
sol d to the highest and best
bidder therefor
for cash,
bnd the pro ceeds
of such sale used in making payment to
the
Contractor,
or Contractors,
for such worle,
and such payment may be made either, from
ti'ne
to time, on esti~ates m8de
by the en~ineer in
charge of such lmnrove'!1ents for
the
City,
or upon the entire complecion of the improvements
and the acceptance thereof by
the City Commis s i.m.
Section 7. 'rhc-]t
the Clerk of the C i t~r
Commissi')11. of the City of BOZemflr1 be, and
is
hereby directed to publish
a notice invitinB proposals
for the furnishing of material
and
the do lnr!'s of the work [mc!
the maleing of said
imorover1en t in said Sp:~cial
Impro'rement
District No.
370, whir:h notice
shall refer to the plans
and specificutions on file,
by
publish~nr~ such notice
'.'1 two
( 2) i ~J sues of
the Boze~an D2ily Chronicle, a
dally news-
paper printed and published
in the City
of Bozem[m, not less
than ten (10) days before
the time
such bids will be opened,
which shall be at a meeting
of the City Commission to
I be held on Wednesday,
the 9th day of September,
19~; 3, at one o'clock P.M.
of said day.
Passed and adopted by the CO'1mission
of the
City of Bozeman at a regul1r session
thereof held on the
26 ;~h day of A ugus t,
19~3.
M a \'0 I'
~(~
State of Mon tana
)
)
ss
~ounty of
G-nllr; tin )
I, L.
r; Shadoan, Clerk or the
City Commission of '1'he Citv of Bozernen rto hereby
....)" .
eertify thrt
the foregol~g Co~nis3i)n Resolution ~o.
?LId WBS published by ti tIe
and
number
in the Bo~eman Daily Chronicle, & newspaper
J f general circulation printed and
published
in the is s ;le
)f SeotembAr 4th, 1953,
and thn t due pr()of of s ~Jch publica tion
is
on file in my office.
IN ','JI'rNESS WTTEREOF' I herelmta set my hand and affix
the eoroorate
seal af my office
this
5th day of Oct)ber, 19S3.
g-f~~HL
.1
Clerk 0 the City
Commission