HomeMy WebLinkAboutResolution 404 Creates SID No. 318
40R
COMMISSION RESOLUTION NO.
404
A HE,SOr;(J'~"'ImJ OF' TEE CITY COLU,IIS;:)IOjJ
OF 'l'ET,_: CI'i]Y OF BOZR:;IA~J,
j,I () }?I' AN A,
CHTi~A'rING
A ;::JPECIAL INPFWVET::Elf'I' DI S'I'HIC'I'
c'O BE KNm'IN AS SPECIAL IEPTWV}~;,mTJT
DI S'J.'HI CT
NULlBER 318 OF 'I'}::E C1'l.'Y Qlr'!j(;ZO::<;:,;Ali,
FOE 'i'ID:C PUHFOSE Oi,' CO~:Sil'mJCTL'TG COJlrCHE'l'E
CUHBS,
S'.i.'Om.1 SE;in~H Al':D 'l]V1O AdD Ol<E-I-IALF IHCIl PEHOIJI'l'nIC
P AVEI,~I;I.'I' OL AF'GUn
LWH CRUSHED HOCK BASE,
Oi-T GHA~m AVENUE,
NOETII,
]3EIIVrEJ~,~.(~. ~rIIE SC)lJ'l' T' IJI ~{E OIl'
THE PIRS'I' ALLEY HOWl',': mi' IU.r~
STHEErl' AND TEE
SC'(Jrl'II LIlm o Ii' vmsrr LA1:a:lE Sl'HEE'l',
EXCEPT 'firE Gl:,ATJD-r.1Ej-fDKiH-U-\.LL ITJ'I'EHSEC'rION,
IN
SAID CI'I'-{.
Whereas:
At a reQl1ar session of
t
he Com;lis~;ion
of The City of Bozeman,
State of
LIon tana,
held on the
29th d3Y of April,
19313,
the said Comnlis~3ion diy passed Comrn:i..ssion
I
Hesolution No.
399 declax' ;J:1C
it
to be
the
intention of said C ommi
c; C3 im, to create a suecial
improveme:n_G d', s tri ct
to be ]':r"ovn~, and des:L;;nated as
Special Im'JJ:'ovcmcnt District No.
~518,
of said City for
the
purpose of' constructing
concrete c'llrbs,
at ana sev/cr Dnd
tvlO and
one-half 2~ inch penolithic paveme~t
on a four
inch (4)
crushed ro cje base,
on Grand Avenue,
north,
between t}le
sou tJl line
of the
fir st
alley north of 1-18.in Street and the south line
of We.st Lallnne
Street,
except tho
Gr and -l'ilendenll.all
:Lnterc;ection,
and to specially assess
the
eD.t 11' e cost
and expe nse
of rnah:ir![1; said improveilcnts
against the property within said
distr:!_ct under and by v:irtl1e
of the ryrovislon of
the LavIs
of
the State of j,lontana,
in such
case made and provided,
and
said Connnic:Jsior1 Hesolution No.
399 is hereby referred to and
made a p.~r t hereof for
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40~)
Section 3
That the
entire cost and eXDense
of makinc the special improvements herein referred
to in said Special Improvement District No.
318 sho.ll be paid by Special Improvement
District Coupon Bonds,
as
authorized by the laws of the
State
of l;lontana,
which bonds
shall be :1.n the denominat:ion of one hundred dollars
(4plOO.OO)
each,
and fractlons
thereof
where necessary,
to be
1s
sued O,J1d chargeable
against a fund to be known as
"SPec:ial Im-
I
provement District No.
318 Fu.nd",
said bonds
to be redeemable at
the option or The City
of Bozernan,
Montana,
whenever flmds
are
avai lab Ie for
that purpose from said Special
Improvement District Ho.
310
iunct ;
said bonds
shall draw simple
interest
at a rate not
to exceed six per cent
(6%)
pOl'
annurn,
which shall be
chargeable as a part of the
cost
of said improvement and
shall run from the
date of
the registration of said bonds until
said bonds
are p~dd.
'1'0
pay said bonds,
and
the interest
tll.Oreon,
representinG the
cost
of said imDrovement,
a special assessmeLt
slLal1 be levied against all of the
land S vvi thin
~
said Special ImproveYi1(::mt D:ls tric t No.
318 as
in said Resolution of Intention No.
399
defined,
each lot
or parcel of
land
within said district
4-10
:No. 318,
vrhicD notice shall refer to the plans and specifiea t:i ons on file,
by publishing
.
s1.1..ch notice in tVIO i~Jsues of Boze-;.l8.n Daily Chronicle,
a daily
newspaper printed and Dub-
lished in 'l'lle
City of Bozeman,
not
less than ten days before the
time suell bids will be
opened, which s118.11 be a t a meeting of' the City Commissi on
to
be held on Friday,
t11e
3rd day of June,
1938,
at 7: 30 0' c lock P. I/[
.
of said day.
Passed and adopted by the Cor-mission of ;rhe City of Bozeman at a regul8r
session
I
thereof held on the 20th day of May,
FJ3S.
Mayor
----
State of Montana
)
ss
County of Gallatin
)
I
L. G.
Shadoan,
Cl-rl';: of the Contilission
of' The City of BOZeYiF'_n do hereby certify
,
that Cl.iO foregoing CommlEJsion Hesolution No.
404,
was publisJ,ed by ti tIe
[',nel number in
tho Boze-clan Daily Chronicle,
a newspaper of general CirC'llla tJ_on printed
and plJblishod
in said City on the 22nd day of May,
l';~1;3d ,
and tho. t due Drool' of suell DublicatiQT; is
on file in my office.
n! VnrrlTF;SSWTTEREOF I hereunto set my hand and affix the
seal of my office
this
I
23rd day of May,
1938.
I
Resolution No.
404