HomeMy WebLinkAboutResolution 367 SID No. 307
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COMMISSION RESOLUTION NO. 367
A RESOLUTION OF TIm CITY COMMISSION OF'
THE CITY OF BOZEMAN,
MONTANA,
CRENrIlW A SPECIAL IMPROVEMENT DISTRICrr
TO BE KNOWN AS SPECIAL IM-
PROVEMENT DISTRICT NUMBER # 307 OF THE CITY
OF BOZEMAN,
FOR THE
PURPOSE OF CONSTRUCTING CONCRETE CURBS AIID
PLANT MIX OIL MACADAM
PAVEMENT,
OR PENOLITHIC PAVEMENT ON
A CRUSHED GRAVEL BASE,
ON WEST
ALDERSON STREET BET'NEEN THE WEST LINE OF
THIRD AVENUE,
SOUrl'I-I,
AND
TIm EAST LINE OF FIFTH AVENUE,
SOUTH,
IN SAID CITY.
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WHEREAS:
At a regular session of the
Commission of the City of Bozeman,
State
of Montana, held on the 7th
day of May,
1937,
the said Commission duly passed Com-
mission Resolution No. 361
declaring it to be the intention of said Conunission to create
a special improvement
district to be known and designated as Special Improvement Dis-
tirct No.
307,
of said City for the purpose of constructing
concrete curbs and plant
mix oil macadam
pavement or penolithic pavement on a crushed gravel base,
on West
Alderson Street
between the west line of Third Avenue,
Soutb,
and the east line of
Fifth Avenue,
South,
and to
specially assess the entire cost and expense of making
said improvements
against the property within said district under and by virute of the
provision of the
Laws of the State of Montana,
in such case made and provided,
and
said Commission
Resolution No. 361 is hereby referred to and. made a part hereof for
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THE CONSTRUCTING
OF CONCRETE CURBS AND PLANT MIX OIL MACADAM PAVE-
MEN T,
OR PENOLI'IHIC PAVEMENT ON A CRUSHED GRAVEL BASE,
ON WEST
ALDERSON STREET
BETWEEN THE VffiST LINE OF THIRD AVENUE,
SOUTH,
AND
THE EAST LINE
OF FIFrrn AVErITJE,
SOUTH,
IN SAID CITY OF BOZEMAN,
MON 'I'ANA.
Section
3
That the entire cost and expense of making the special improvements herein referred
to in said Special Improvement District No. 307 shall be paid by Special Improvement
District Coupon Bonds,
as authorized by the laws of the State of Montana, which bonds
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shall be in the denomination of one hundred ($100.00)
dollars each,
and fractions
thereof where necessary,
to be issued and chargeable against a fund to be }~nown as
tlSpecial Improvement District No.
307 Fund II ,
said bonds to be redeemable Gt the
option
of the City of Bozeman,
Montana,
wherever funds are available for that purpose from
said Special Improvement District No. 307 Fund;
said bonds shall draw simple
interest
at the rate of six (6)
per cent perannum,
which shall be chafgeable 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 paid.
To pay sa:i_d bonds,
and the interest thereon,
representing
the cost of said improvement,
a special assessrlent shall be levied ag3inst all of the
lands within said Special Improvement District No.
307 as in said Resolution of In~'
tention No. 361 defined,
each lot or parcel of land within said district to be assessed
for the portion of the whole cost in the proportion that the area of each said lot or
parcel of land bears to the area of the entire district,
exclusive of streets,
avenues,
alleys or public places;
provided,
th8t each square foot of the land within said. dis-
trict embraced within any corner lot or tract (and for the purpose of assessment in
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this district a corner lnt is defIned as being any tract of land,
exceyting streets,
avenues or alleys,
loc8ted within a distance of thirty (30)
feet of either
side line
of said West Alderson Street, within the district)
shall be so assessed that each
square foot of the land embraced with any such corner lot or tract,
as so defined,
shall bear double the amount of the cost of such :i..rrprovement that a square
foot of
any inside lot,
or tract,
or parcel shall bear.
Section
4
Said assessment and taxes shall be payable in twenty-one
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directed to publish
a notice inviting proposals for the furnishing of material and the
doing of the work
and the making of said imporvements in said Special Improvement
District No. 307,
whihc notice shall refer to the plans and specifications on file,
by publishing
such notice in two (2)
issues of Bozeman Daily Chronicle, a daily news-
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paper printed
and published in the City of Bozeman,
not less than ten (10)
days before
the time such bids will be
opened,
which shall be at a meeting or the City Commission
to be held on Friday,
the l6tli day of July,
1937,
at 7:30 o'clock P. M.
of said day.
Passed and adopted
by the Commission of theCity of Bozemqn at a regular session
thereof held on
the 4tJ:.l day of June,
1937.
Attest:
~~~~~mmiSSion
State of Montana
)
)
58
County of Gallatin
)
I, L. G.
Shadoan,
Clerk of the Commission of the City of Bozeman
do hereby certify
that the foregoing
Commission Resolution No. 367 was printed and Dublished by title
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and number in
the Bozem'?m Daily Chronicle a newspaper of general circual tiOD printed
and published in the City
of Bozeman,
in the issue of June 6th,
1937 and that due
proof is on file in my office.
IN WITNESS WHEREOF
I Hereunto set my hand and affix the seal of my office this
7th day of June,
1937.
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