HomeMy WebLinkAboutResolution 333 Creates SID No. 302
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COT,un SSION HESOLUTION NO.
333
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A RESOLwnON 'T' TIm cmEaSSION OF THE CI'l'Y OF BOZEMAN,
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C(1::A"i'L'V; A SPECIAL n,1pnOVE1\L~iJT DISTiUCT TO 3E KNO::JN
AND DESI~}NATED AS "SPECIAL Ii.1PROVEJ'.IEN'l' DISTRICtI' NO.
302" OF SAID CI'I'Y
::COE rnn~PURPOSE OF CONSTHUCTI:NG A SANITARY SE\'mR ON THACY AVENUE,
SOU'';''H,
FROM HARRISON STREET,
'1'0 CLEVELAND S'l'HEET,
AIm TO SPEC
170
Section 3
Th.q t the entire cos t and expense of malting the special irr:l)rOVement herein set
forth in said Special I~wrovement District No.
302 shall be paid in cash as nrovided
in Sect:ton 5250,
R.
C. Montana,
1921,
as amended by Chapter 46 of the 20th Legislative
Assembly of the State of li!ontana,
1927,
and/or by special l:-Wrv81C\ent district coupon
bonds and/or warrants
of the denomination of ~100.00 each and in fractions
there of where
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necessary,
to 1)e iS~JU_ed and ch~!.rGeab1e agains t the fund to be known as
"s . 1 I
peCla ,mprove-
-ment Di~;trict Ho. 302 Fund";
said bonds or warrants
t" be redee;na 'ole at the option of
the City of 130zeman,
Iilc:ntana, whenever funds are
available for thnt Durpose
from said
Spf,cial Improvement District No.
302 r:;\md;
said bonds or warrants shall draw simple
interest at the rate of six (6)
percent ner annum,
which shall be chargeable as a part
of the
cost of said special improvements
and
shall run fro:rl the date of the reglstrat:1.on
of said bonds or warrants until said bonds or warrants
are paid;
and such interest from
the date of the reristration of sald bonds or warrants until the pDY11ent of the first
installment will be collected by the director of finance of said City of Bozeman at the
ti.me of collectin;' said fir~',t installment;
tt1.8. t the ent -11'0
cost and exnense
of said im-
provement wi th:i..n said dis tr:ict shall be defrayed by n
special as ses sment arw1 n ,,~t the
en-
tire d:tstrict,
each lot or parcel of'Jand within said distr:Lct to be :",ssessecl for its
pro"9ortion~'te share of such expense,
each lineal front foot of the
total frontage of
such lots or parcels of land within said S,)ccial Im,)rovement District No.
302
to be
assessed for its Droportlon~te share of such entire cost.
Section 4
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That the City Engineer be,
and he is herebY,
directed to ~rcplJ.re plans and speci-
fications for the doing of said worl\' and mal{inr~ of said i provement.
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State of ~ontana )
County of Gallatin) ss
City of Bozeman )
I I G C"" C 1 ] .. t' C i. '" '-h C . t f' -, t' r
, .'. . ".)rlaGOD.D, er: Oi ne omm S3J.on 01 '-' e l Y o. !;ozeman, cer -L.y
I that tho forcgo1n:~~ Commission Resolution No. 333 of the City of I3ozeman, was
pub-'ished by title and number in the Bozeman Daily Chronicle, a daily newspaper
of goneral circula tion,nrinted and ilublished in said CIty, in thois 31.),e of
May 22, 1936, and that du.e nroof of said publicaticn was made and filed in my
office.
IN WITNESS'mmREOF, I hereunto 30 t my hand and 0. ffix t},e soal of my offi ce
this 27th day of j.:ay, 1:3 6
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