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HomeMy WebLinkAboutResolution 382 Creates SID No. 313 aa7 COMMISSION RESOLUTION NO. 382 A RESOLU'rION OF TIill COMl';JI~:;SION OF 'l'IIE CPl'Y OF DOZElilAN, MOl';T A1:JA, DECLARING IT '1'0 BE TflE INTENTION OF SAID COMMISSION '1'0 CI\EATE A SPECIAL DflPROVENIENT DIS TRICT TO BE KNOWN AND DESIGNATED AS "SPECIAL IMPROVE!mNT DISTRICT NO. 313 " OF SAID CI'TY Fon THE PURPOSE 0Ii' CONSTRUCTING A SANITARY SEWER ON WIL LSON AVENUE, SOU'I'H, BETViEEN HAYES STREET AND GRAWr S'rREET, WrrFIN SAID CIT Y, AN D il'O SPECIALLY ASSESS TI-rE ENTIEE COST AND EXPENSE OF CONs'rRUC'I'IFG SAI D SE'NER AGAINST 'rHE PROPEWl'Y WITFIN SAID SPECIAL B1PFWVEMENT DISTRICrr AS CRE ATED, liNDEH AND BY VIRTUE OF 'rIill PROVISIONS OF SECTIONS 5225 TO 5277, INC LUSIVE, REVISED CODES OF l.101lrrANA 1935, AND M!Y A]':IElmIvlENrl'S THElmTO. I BE IT R}~30LVED BY 'THE COLlIn<:JE;ION OF' 'THE CrIY OF BOZKilAN: I Declaration of Intention It is hereby declared to be the intention of the Commis sj.on of 'The Ci ty of Bozeman, to create a special improvement district to be known and designated as ItSpecial Improve ment District Number 313", for the purpose of construct:Lng a sanitary sewer on Willson Avenue, South, in said City, between Hayes Street and Grant Street, and within the boundaries of said Special Improvement District No. 313 as hereinafter defined. II aaR estimate of the cost of said construction to be specially assessed against the land there- in per lineal foot of frontage is $1.095 per front foot. VII Payment in Bonds That the entire cost and expense of constructlnr!; said sani tary sewer shall be paid by special improvement district coupon bonds as authorized by law, which bonds shall be in the denomination of$lOO.OO each, and in fractions where necessary, to he issued and I chargeable against a fund to be known as Special Improvement District No. 313 Fund, said bonds to be redeemable at the option of The City of Bozeman whenever funds are available for that purpose from said Special Improvement District No. 313 F'und; said bonds shall draw simple interest at the rate of six (6) per cent per annum, which interest shall be char~eable as a part of the cost of said construction and shall run from the date of the registration of said bonds until they are paid. VIII Special Assessment '1'0 PB\' said bonds ard the interest theron, reresentinc; the cost of said construction, a snecial assessment shall be levied aga1nst all of the lands within said Special Im- proveT:1ent District No. 313, as hereinbefore defined, each lineal foot of frontage thereof to be assessed and taxed for its proportionate share of such entire cost, exclusive of streets, a venue s, alleys and public places. IX Assessments in Installments That such assessments and taxes shall he payable in seven (7) inst?llments extend- I ing over a period of six (6) years, with six (6) per cent annual interest on deferred pa;rmen t s, commencing w:t th the year 1937, but this provisi.on sball not be construed to prevent full payment at any time. X Revol vinr~ Fund The prompt payment of the bonds herein provided for pursuant to this Resolution of Intention, 8:3!) session of said Comm'~; sion held on the 17th day of September, 1937. &Lzf~~ Attest: V"-~~-' .==:::::....L /) / ;(f r/layor ".- ,'>f:: ~>Lc:<-,(rzUtJ d}/erk of the - commission I NO'rICE IN HE NoTICE is hereby glven that at a regu.lar meetirg of the Commission of' 'rhe Ci ty of Bozeman, State of Montana, held on Friday, the 17th day of September, 1937, a Hesolution of said Commj_ssion was duly passed and adopted, declaring it to be the intention of said Commission to create a Special Improvement Distr:lct to be l{nown and deslgnated as Special Improvement District ::')0. 313 of said City of Bozeman, lliontana, for the pur- pose of making improvements as follows: Trill CONSTRuc'rION Of A SANI'rARY SEWER on 1."!ILL;30N AVENUE, SOU'l'H BE'rWEEN HAYES S'l'HEET Aim GRANT S1'REET, and further declaring it to be the intention of said Commis,sion to specially assess the entIre cost and expense of said improvement, including pipe, wye branches, manhole, trenching, pipe~.laying, bacIcLi 11 inp;, eng:tneering, inspection and incidentals, agalnst the l~nd within said special improvement district, each lineal foot of the frontage of the land within said district to be assessed and taxed for its proportionate share of said entire cost, exclusive of streets, avenues, alleys, or public places. ThAt the estimate of the a)proximate cost of constructinf~ said inlprovement is Six 840 State of Montana ) ) sss County of Gallatin ) I L. G. Shadoan, Clerk of the Commission of '1'he City of Bozeman, do hereby certify , that the foregoing Notice in He, Commission Hesolutlon No. 382 was published at length in theBozeman Daily Chronicle, a newspaper of general circulation prInted and pubLished in said C1 ty in t~e issue of Se~)tember 21st to 25th inclusive, 1937, and that due proof I of pubLication was mad.e and filed in my office. IN "NI'I'NESS W1JEREOF, I hereunto set my hand and affix the seal of my office thls 27th day of September, 1937. ;-:' ./'~:/, ~....;[.;~f:t~,/f.~;~-:e/4--;L;fJ __ ClerIc of the Commiss:ton I I