HomeMy WebLinkAboutResolution 371 Creates SID No. 310
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COMMISSION RESOLUTION NO. 371
A RESOLUTION OD' TIm cmn.nS~3ION 07;\ 'rEE CI'l'Y OF BOZElU\.N,
l.IO~:T ANA
CREA'l'ING SPECIAL n.TPHOVEl.IE1'~T DISTRICT NO.
310
OF SAID CITY,
FOR
THE PUHPOSE OF' PLACING A "PENOTREAD" TOP ON GRAND AVENUE,
SUU'I'H,
BErl'\'lEEN TEE SOU'l'H LINE OF WEST COLLEGE STHEE'I' AND 'l'nE NOn'l'H CUHB
LINE o}t, WEST AETIlliR STRE2~T,
IN SAID cra.
WHEHEAS:
At a regular meet,lnF": of the Commis s ion of the C:'L ty of f>ozeman,
State of
I
Montana,
held on the 4th day of June,
1937,
the
said Commission dul:! passed and adopted
CO~11J~' ssionHesolution
IJo.
369,
declarinz it to be the intention of said Cownission to
create a special
improvement district to be lmown and desisnated as Special Improvement
District No. 310,
of said City,
for the
plJ.TpOSe of placing a "Penotreadll
to') on Grand
A venue,
South,
between the south line of West College Street and the
north curb linB
of West Arthur
Street,
in said C 1 t'y,
and to specially assess
the entire cost and expense
of :nalring
said ir.1prove;nent aga:lnst the property wi thin said dis tr:tct under and by virtue
of the laws of
the
State of ~ontana in such case made and provided,
which said Commis-
sion Resolution
No.
369 is hereby referred to and I!k'1(le a part }ler'-;o:::' for f-urthcr par-
ticulars
in respect to the boundn,ries of said Special Improvement District No.
310,
the
esti:nated cost
of said improvement and the method of as~)es~3ing tl18 sC'.me against the
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300
Section
2
Thnt said irnprovements
be,
and the same are bereby ordered to be made in said
Special Improvement District No.
310,
as follows:
PLACING 1\ PENOrI'HI':AD 'l'OP ON G.11!\..,[\!D AVENTr::~,
SOUTH,
BET",{EE'N 'l'TI1:: SOUTH
LINE OF .vVESrI' COLL::GE STHEE'l' AND rrEE NOR'I'H CUlm LnE~ OJ~;'
',lEE;'l' AIi'.'l'EUR
s'rHE1~'1',
IN I'I-IE C II'Y OF BOZEr,'iliN.
Section
3
I
'l'ha t the en
tlre
cost and expense of ma].:ing said improvement D-S
specified. in
Sectlon 2 hereof shall be paid by Spc;clal Improvement Dlstrlct Coupon Donds,
as
authorlzed by the law:3 of the State of I.Iontana, whic:1 bonds shall be ln tl10 denomina-
tion of $100.00 each and fractions
thereof where neCeSfJary,
to be issued and
chargeable
ar;ainst a fund to be known as Special Improvement District 1\:0.
310 Fund,
said bonds
to be recleemable a t the option of '1'he City 0:[' Bozernan,
Montana,
whenever funds are
avallable for that purpose from said Special Improvement District No.
310 Fund;
said
bonds shall draw simple interes tat not to exceed 6;0 per annurrr,
which shall be charge..
able as a part of the cost of said improvement and shall rUn from tho date of registra-
tion of said bonds until all of them are paid.
'1'0 pay said bonds,
and the interest
thereof,
representinv
the cost of said im.provement,
a soecial assessment shall be levied
aca:i.nst all of the real property vdthin said Special Improvement District No.
3L),
as in
said Resolution of Intention No.
369 defined,
each lot or p~rcel of land wJthin said dis-
trict to be assessed for that prot:i.on of' the whole
cost in the proportion that the
said
lot or parcel of land bears to the aroa of the entire district as creatod,
exclusive 0 l'
streets,
a
venues,
alleys and public places;
___. _n..
--....
30t
a regular meetin-::
of the City Commission to be held on Friday,
the 16th day of July,
1037,
at 7:30 o'clock P. M.
of said day.
Pas sed and adopted b'JT the Commis 3 ion of the C1 ty of Bozerrk'ln,
Montana,
at a re[';ular
session thereof
held on the 2nd day of July,
193'7.
I
M~#/&~'4.- ·
,c-
ommission
Published in Bozeman Daily Chronicle July 4th,
193'7.
State of Montana
)
)
ss
County of Gallatin
)
I, L. G.
Shadoan,
Clerk of the Commission
of the Ci ty of Bozeman do lJereby cert_~fy
tnt'. t the
foregoing Commission Resolution No. 371 was published by title and number in
the Bozeman Daily
Chronicle,
a newspaper of general circulation printed and published
in said City in
the issue of July 4th,
1937,
and that due proof of publ:i.catl.on was
made and filed
in my office.
IN \rjIfI'NESS 'tvJ-IEREOF,
I hereunto set my hand and affix
the seal of my office this
..
6th day of July,
1~J37.
I
I
Resolution No. 371