Loading...
HomeMy WebLinkAboutResolution 678 SI Lighting District 362, Main Street 189 COMMISSION RESOLTJTI~N NO. 678 A RESOLUTI'JN OF THE CITY COMMISSION OF THE CITY OF BOZEJlgN, MONTANA, CREATING A SPECIAL IMPROVEMENT DISTRICT OF' SAID CITY TO BE KNO'NN AND DESIGt-TATED AS SPECIAL IMPROVEMENT LIGHTING DISTRICT Nm;r'3ER 362 FOR TPE PURPOSE OF PURCHASING ANT) MAINTAINING A LIGHTING-SYSTEM TO LIGHT MAIN S'I'REET FROM THE WEST LINE OF FOURTH AVENU[~ PROJECTED TO THE WEST LINE OF THE INT~RSECTION OF WEST MAIN STREET AND SOURTH EIGHTH A VEt-Hill, PURSUANT TO AND IN CONFORMITY WITH I COY.J\QSSIONRESOLUTION :NUMBBR 67g OF SAID CI'lY COMMISSION AS PASSED AND ADOP'rED BY SAlT) CITY comnSSION ON TFE 19th DAY OF APRIL, 1950. Whereas: The City Commission of the City of Bozeman, Montana, on the 19th de y of April, 1950, passed and adopted Commission Resolution No. 675 declaring it to be the intention of said Commission to create Special Improvement Lighting District No. 362 of said City for the purpose of purchasing and maintaining a lighting system to light Main Street from the west line of Fourth Avenue projected to the west line of the intersection of West Main Street and South Eighth Avenue, which said Resolution, of record and on file in the office of the Clerk of said Ci t~T Commission and open to the inspec:'bl:on of the public, is hereby referred to for further particulars; and Whereas: Due proof hAS been made that service of notice of the adoption of said Resoh1tion No. 675 WAS duly made and given as by law provided; and Whereas: At the time and place fix~d in said Resolution No. 675 for the making and filing of protests against the creation of said propsed Special Improvement Lighting District No. 362, to-wit, at the hour of 1:00 o'Clock I P.M. on Wednesday, the lOth day of May, A.D. 1950, being a regular meeting ti.-neof said City Commiss ion, a t the Commlssion Chamber in the C1 ty Hall building of the City of Bozeman, no protests were made or filed against the creation 0f said Special Improvement Ligbting District No. 362; NOW, T.FJEREFORE BE IT RESOL\'ED BY THE COMWISSION OF THB CITY OF BOZEMAN: Section 1 CrGs tion and Purpose That there be, and tbere is hereby created a special improvement district of the City of Bozeman to be known and designated as Special Improvement Lighting District No. 362, for the purpose of purchasing and maintaining a liehting system to light Main Street from the west line of Fourth Avenue projected to the west line of the intersection of 'jVest Main Street and South Eighth Avenue, pursuant to and in conformity with Commission Resolution No. 675 of the Commission of the Ci ty of Bozerrr.an, passed and adopted on the 19th da y of April, 1950, which said Commission Resolution No. 675 declares it to be the intention o.f' said City Commission to Create said Special Improvement I Lighting Djstrict No. 362 for the Purposes aforsaid, and which said Commission Hes olu tion No. 675, of record EP1d on fi,le in the office of the Cle1"k"o:B :'said City Commission in the City Hall Building, BozeMan, is open to the inspection of the public, and is hereby referred to for further particulars. Section 2 Boundaries The boundaries or said Special Improvement LightIng District No. 362, hereby crea ted, are defined and described as follows: -.."'. - -- 190 Beginning a t a point in Lot 7 Block D Story's Addition 100 feet s 011 th of the south line of West Main Street and 6 feet west of the east line of said Lot 7 THl~NCE west along a line lUO feet south of and parallel with the south line of West ~f,A:lr. Street to the west line of South Eighth Avenue; THENCE north 8cross West Ma1n Street to a point in Lot 11 Block 2 Springbrook Addition 100 feet norht of the north line of West Main Street and 15 feet west of the east line of said lot 11; TIIE'NCE east along a line 100 feet north of and parallel with th e north line of West Main Street to a po!nt 15 feet east of the west line of Jot 8 Block D Tracy's Addition; THENCE south across West Yain Street to the point of begjnning. I Section 3 CharActer of Improvements The character of thl) improveY"ent to be made in said Spec~.al Imprcnrement Lighting District No. 362 is the purchase and maintenance and operation of fifteen (15) ornamental lamp posts with electric lamps, wi:rss, pipe conduits +,1) carry the electric curre oint therefor, and all other suitable or necessary appliances for the purpose of 11ghtina said stree t; an~ said improvement is herby ordered made, :Durchased, operat ed and maintained accordingly. Section 4 FroTl t<1g:e of DIstrict, Estimate of Cost and Method of Assessmen t. The total Actual frontage of the property within 88id Special Improve- ment Lighting District No. 362 is 2,6U8 front feet. The estimate of the cost of plJrch8 se of the lights and other ma terta 1 necessary to make the said improve~ent within said Special Improvement Lirrhting District No. 362 is Four Thousand SS'len ty Four and 6U/I00 ($4,074.60) Dollars, of which sum fifty (~(Y" \ per cent is to be assessed against the property embraced within said I ~ ,u ~ Dis tric t on a froTlt foot basis and fifty ( 50~~) per cen t is to be pa 1.d by the City of Bozem3n, the estimated rate of assessment per front foot against the property embrAced 'within the said District being $0. 78117 per front foot, but such estimated assessment per front foot ~ay be lower or hl~her as such total cost is fina 11y de termined 1) pan the completion of said purchase, said estl~ated rate of assessment per front foot bein~ approximate only. Section 5 Es ti,"1'a te of Cost of Maintenance and Assessment Therefor. An estiITate of the approxima te cost of ms'lnt8ininp s"uch lights IJr,d supply- ing electrical current therefor for t~e f'j rs t yeRr is the G-cm of Four Hundred Seventy-five end 80/100 ($475.80) Dolla~s, of which SlJm fifty (50%') per cent is to be assessed ag:Ainst the property embraced withl.n said District on a front foor basis, and fifty (50%) per cent to be paid by the City of Boz3man, the estimated rate of assessment per year per front foot against the property embraced within said District being $0 .091219 per froD t foot, bu t such I estimated assessment per front foot may be lower or higher as such total cost 1s finally detern::lned, satd estimated rate of assessment per front foot bejng approx1~Rte only. Section 6 Pa ymen t Payment of fifty (50%) per cent of the cost of ~)rchase of the impro'l'Te - men ts withl~ such Special Improvement Light~nc District No. 362, including . ----- 191 all inclder;tal expenses and all interest on deferred payments, shall be made in eight (8 ) annual installments, and the asse~sment thereof shall be made against the property wi thin said district as provided by law. This provision shall not, however, be construed to prevent full payment at any ti'11e. Payment of the remaining fifty (50%) per cent of such cost shall be made by the City I of Bozeman, as by law provided. Payment of fifty (50%) per cent of the annual cost of maintenance shall be ascertained, made and assessed against said pro- perty in the same manner, the City of Bozeman paying the remaining fifty (50%) per cent of said cost of maintenance in the manner and as by law provided. See tion 7 Payment in Bonds or Warrants All Costs and expenses in the purchase of the improvement in Special LightingLighting District No. 362 hereby created, including all expense connected wi th end inc iden ta 1 to the forma ti on of sa id dis tric t, the cost of printing and advertising, and the preparation of assessment rolls, shall be paid for by special improvemen district coupon bonds 0r warrants, to be drawn against a fund to be known as "Special ImprovemeDt Light:ing District No. 362 Fund". Said bonds or warrants shall be jn the denomination of one hundred dollars ($100.00) or fractions or multiples thereof, and may be issued in installments. Such bonds or warrants shall bear interest at the rate of not to exceed six (6%) per cent per annum from the date of thetr reg~stI'ation until called for I redemption or paid in full 9.I'd the interest shall be payable annually on the first day eaob year after such registration as expressed by the interest coupons attached thereto. Such warrants or bonds shall be redeemed by the Director of Finance of the City of Bozeman when there is money in said Special Improve- ment Ll~~ting District No, 362 Fund available for such payment. Section 8 Sale of Bonds That pursuant to the provisions of and authority conferred by Section 11-2232 Revised Codes of MonteI'a, 1947, said bonds may be sold to the highest and best blddger therefor for cash, for not less than the face value of such bonds or warran ts, and including interest thereon, and the proceeds of such sale used in purchasing saId lighting system. Passed and adopted by the Commission of the City of ses s ~on thereof held on the 17th de y of May ,1950. / ~/ 1:d // / I Mayor ~J: l~~k'~~iSSion Resolution No. 678 ----... 192 s tq te of Mon tans ) ) S8 County of Gallatin) I, L. G. Shadoan, Clerk of the Commission of the Clty of BozeYran, do hereby eertify tha t t;1 e foregolng COmmission Resolu tion No, 678 was p1Jblished by title and number in the Bozeman Daily Chronicle, a newspaper of general circultaion printea and published in said Cit;y, in the issue of May 19th, I 1950 and that due proof is on ftle in my office. IN WITNESS WHEREOF I hereunto set my hand and affix the seal of m1 office this 20th de y of Ma y, 1950. ~~~ ler 0 the 1ty ommission I I