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HomeMy WebLinkAboutResolution 673 Create SID 360, North Black Avenue 173 COMMIS;:3ICm RESOL UTIJTJ NO. 673 A RESOLUTIO~ OF THE CITY COMMISSION OF T~E CITY OF BOZEMAN DECLARING IT TO BE 'PHS INTENTIOT\f OF THE CI'rY OF 30ZEJVlAN TO CREA'rE A SPECIAL IMPRJVEIVIEWr DISTRIc'I' TO BE KNOWN AS SPECIAL IMPROVEMEN'r DIS'I'RIC'I' NUMB~R 360 OF THE CITY OF BOZEMAN FOR 'I'~1E PURPOSE OF' CONSTRUCTING .AND INS'I'ALLING A s'rORM SEWER, C()NCRETE C ORBS AND BI'I'UMINOUS PAVEMEwr ON NOR'rH BLACK A VENUE 13E'r'JVEEN MENDENHALL AND PEACH STREf<~'rs IN SAID CITY. -I VvHER f<.;AS : There has been filed with the Clerk of the CIty Commbsion of 'rheCity of Bozeman, ~ontana, a petition in due form of certain property owners on North Black Avenue between Mendenhall Bnd Peach Streets asking that a Special Improvement District be created for the purpose of constructing concrete curbs and storm sewers, and bitl..unlnous paverrant on said streets; and WQEREAS: That a regular meeting of the City Commission of the City of Bozeman held on the 1st day of February, 1950, the aforesaid petitioll was respectively considered and granted; Now, THEREF'ORE, BB~ I'r RESOLVED BY 'fHE CITY COMMISSIOllT OF' TlfE CI'rY OF BOZEMAN: Section l. DECLARATIOS OF INTENTION. That it 1s hergby declared to be the intention of The City of Bozeman to create a Speclal Improvement District to be known and designated as Special Imcrovement District No. 360 of The City of Bozeman for the purpose of con- structing and installing a storm sewer, concrete curbs and bi tuminous pHvement 0>1 NCJrth 31ack Avenue between Mendenhall and Peach Streets in said city. Section 2. BO UND/lRIES. 'rhe boundaries of sai d prop'lsed Special Improvement Dls trlct No. 360 are described as follows: I Beginning at a point on the north line of East Mendenhall Street, 150 feet west of the west line of North Black Avenue; THENCE north along a line 150 feet west of and parallel with the west line of North Slack Avenue to the south line of East Villa I'd street; THENCE northerly across East Villard Street to the intersection of the north line of East Vl1~rd Street and the center line of the alley betwee'1 North Black Avenue and North Tracy Avenue; THENCE north along the cneter line of said Alley to the south line of East Peach Street; THENCE eest along the south line of East Peach Street to a point 150 feet east of the east line of North Black Avenue; THENCE south along a line 150 feet east of and parallel to the east line of North Black Avenue to the north line of Best Mendenhall Street; THENCE west along the north line of East Mendenhall Street to the . point of beginning. Section 3. CHARAc'rER OF IMPROVEM3N'rS. The character of the improvements to be made within said Special Improvement District No. 360 is: The cJnstruction of a storm sewer, concrete curb and pavement consisting of a h inch gravel base, a 3 inch Road mix Bituminous Mat and Seal with Chips, on North Black Avenue between Mendenhall and Peach Streets in Bo~eman, Montana. Section I~. ESTIMATE OF COST. The preliminary estimate of the c6st of said improve- ments, including storm sewer, excavating, cur bs, base, pa vement, engineering and incidentals Is Thirty Seven 'fhousand Four Hundred Nine and nO/lOO ($37,Lo9.00) Dollars. Section 5. ME'rfIOD OF ASSESSMENT. The preliminary estimate of cost set forth above 1 is to be assessed agaInst the property within said District on an area basis as follows: 'rhe estLnated cost of said improvement is to be assessed aGainst the property included in the District on an area basis, with the 25 feet of property im- mediately adjacent to the proposed improvement to be assessed at double the assessment against other property in the District. The assessable area of property in the District, with 25 feet next adjacent to the proposed improve- ment asse~sable at double the assessment of other property within the District, is 533,678 square feet and the estinated rate of assessment if $0.07 per square ___.. ___ ____"._.__" _n_ ___.__. ------- 174 is 533, 6~(B square fe et, which is the area on which all protes ts wi 11 be dec ided. Section 7. PAYMEN'rS. That payments for said improvements shall be made in twenty ( 20) annual installments extending over a period of nineteen (19) years, but this shall not be construed to prevent payment in full at any regular payment date by any property owner who desires to do so. It is proposed to pay the entire cost and expense of the construction and installation of said improvements with CBse to be obtained from the I sale of bonds of said Special Improvement District No. 360, as authorized by law. Such bonds will be in denominations of $100.00 each and fractions of $laO.OO where necessary, to be issued and chargeable against a f1md to be known and designated as Special Im- provement District No. ySo Fund of 'rhe City of Bozeman. The bonds will be redeemable at the option of the City, singly or in multiples, and in the order of their regustration, whenever funds are available for that purpose in said Special Improvement District No. 360. Said bonds shall draw a simple interest from the dEJte of their registration until called for payment, at a rate not exceeding six (6%) per cent per annlL~, which interest shall be chargeable as a part of the cost of the construction and installation of said improvement. The bonds will be issued and sold in accordance with the provisions of Section 11-2232 and Section 11-2271, Revised Codes of Montana, 1947, and all other appli- cable provisions of Title 11 of the Revised Codes of Montana, 1947, relating to special improvement districts in cities an d towns, and any a,nendments thereof or thereto. Section 8. PROTESTS AND NOTICE. That the regular session of the City Commission of The City of Bozeman, to be held at the Commission Chamber, City Hall Building, Bozeman, Montana, on Wednesday, the 15th day of March, 1950, at the hour of one o'clock P.M. of I said day, ere the time and place, when and where the City Commission will hear andpess upon all protests duly and regularly made and filed against the creation of said proposed Special Improvement District No. 360, the improvement proposed to be made pursuant thereto and the extent and character thereof, or either thereof; and the Cler k of the City Commission be, and he is hereby, directed to give notice in the manner and for the tlne as by law req'.drc3d, of the adoption of this Resolution of Intention. Adopted by the Commission of The City of Bozeman, Montana, at a regular and stated session of said Commission held on the 8th day of February, A./ ~ Attest; ~~;<~ ~~ Mayo. Clerk of the City Commission NO'rr CE IN FE COMMTSSIJN RESOLUTION NO. 673 OF 'rHT~ Cr'rY OF' BOZEMAN DECLARING 'rHE Il'J'rENTIDN OF THE Crry OF BOZEM.AN 'ro CRr;;A'rE A ;;PT;XIAL IMPROVEfvlEN'r DIS'rRICT TJ BE Kr'TO'NN AND DESIGNA'rED AS "SPECIAL IMPROVEMEN'r DIS'rIHCT NUMBER 360." I Notice 1s hereby given that on the 8th day of February, A.D. 1950, a t a regular meetinp of the Commission of The City of Bozeman, Commi ss ion Resol uti:)n Nwnber 673, entitled: A RESOLD'rI01'.J OF 'rHE CI'rY CO;',1MISSI')N OF 'r9"E Crry OF 30ZEMA1.J DECLAPING IT 'r,) BE THE rTSN'I'ION OF 'rT-n CI'rY OF' BOZEI\1MJ 'ro CR~A'rE A SPECIAl, IMPnOVRMBNT DIS'I'RIC'r 'ro BI-1: KNOVVN/lS SPECIAL IMPROVEI.m:Wr Dr:;'rRIC'r NUMBEn 360 OF' 'rilE: CI'ry OF' 30ZEM1\N FOR 'rHE PURPOSE OF CONs'rRuC'rrNG AND INS'PJ\LLPW A STORM SEWER, CO;iJ'- CHE'I'E CURBS AND BI'rUMINOUS PAVEr'Hi~~T'r ON NOR'rH BLACK AVE^JUE BE'rWK~'T MENDENHALL AIm PEACH ;~TRES''S IN SAID CITY. was passed and adopted. Res:.>lutiol :Ie). 673. ------.- 175 'rha t Wednes day, the 15th day of March, A.D. 1950 at one o'clock P.M. at the Com- mission Room of the City Hall, Bozeman, Montana, is designated by snid Resolutian No. 673 as the time and place for hearing objections to the action proposed to be token by said resol~ltion, and when ond where 3~Y Bnd ell persons whose property is within seld orooosed Special Improvement District No. 360 on North dlack Avenue between Mendenhall and Peach I Streets in said City may appear and show cause, if any they have, against said ryrooosed improvement. Objections must be made in writing end filed with the Clerk or the City Commission not later than fifteen (15) days after the dfite of the first publication of this Notice. An approximate and preliminary estimate of the cost of doing such work and making such improvement within said District, including all sotrm sewer, excavatIng, curbs, base, pavement, engineering and incidentals, w!lich is to be specielly assessed against the property within soid District, is ~n7 ,~09.00. The total assessable area of all property within the proposed district, exclusive of streets, avenues, all eys and publIc places, with the 25 feet next adjacent to the imrnoveroent taken at double its actual area, is 533,6'(8 square feet. Property i:mnedietely adjacent to a:'ld wi thin 25 feet of the proposed i~provement is to be assessed at double the assessment against other prop- erty in the District. Payment for the improver:1en ts 13 to he m.ade in twenty (20) annual installments over B period of nineteen ( 19) years with interest on the deferred payments not to exceed six ( 6~s) per cent per annwn, payable annually, but Fds shall not be con- strued to prevent payment in full at any regulEr payment date by any property owner. I For a riescription of the boundFrles of said Special Improvement District No. 360 reference is hereby made to Resolution No. 673 of the Commission of The City of Bozeman declaring the intention to create said District, which is on file in the office of the undersigned Clerk of said Commission in the City Hall of said City 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, Revised Codes of Montana, 191: 7 . DAted this 20th day of February, A.D. 1950. By order of the Commission of The City of Boze'TIan. ~.&'~~ Clerk of the City CommissLm First Published in the Bozeman D~ly Chronicle Februrry 21st, 1950. State of Montana ) ) SS County of Gallatin ) I, L. G. Shadoan, Clerk of the City Commission of 'rhe City of Bo?,emnD do hereby I certify that the foregoing Notice, Commission Resolution No. 673 wes pUblished at length in five issues of the Bozeman Daily Chronicle, a newspaper of general circulation printed and publishedin said City, the first publication being February 21st, 1950, and the IF'st publication telng Februery 25th, 1950 , and thBt due proof is on file in my office. IN WITNESS WHEREOF I hereunto set my hand and affix the seal of my office tDis 27th dav of February, 1950.