HomeMy WebLinkAboutResolution 335 Creates SID No. 303
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CQlilMISSION RESOLUrrION NO. 335
A RESOLU'rION Ol" THE COJ\'IJHSSION OF nIE CITY OF BOZEMAN DECLARING IT
TO BE rl'Iill INTEN'l'ION 0-;:;' THE CITY OF BOZEMAN rrO CREA'I'E A SPECIAL
E'1PROVET.1EWr DISTRICT NO. 303 OF 'THE crry OF BOZEMAN paR rrHE PURPOSE
OF CONSTRUC'lIING- SrrEEET CUB-BS AND OILED VIACADAl.1 P A VEllIENT ON BEALL
STREET FROM ~f.1RACY AVENUE '1'0 WILLSON AVENUE.
WHEREAS:
Tllere has been filed with the Clerl.;: of the Commis sion a pe t:1. tion in due
form signed by Geo.
3. Y'/Tonroe,
e tal,
request1.ng that a S-oecial Improvement District be
created in said Ci ty for th_e purpose of constructing street Cl1.rbs and oiled macadam
I
pavement on West Beall Street from Tracy Avenue to Willson Avenue,
and
WHEREAS:
The Commissj.on of the City has considered the aforesaid peti tion and
recogr:izes the need for this improvement and is of the opinion that the improvement i:D
the value of the propert:-l in the proposed district vdll at least balance the cost and
that it is in the ;Jublic interest thc.t this petition l)e (9~anted;
N OVI ,
therefore,
BE 1'1' RESOLVED BY 'l'HE COM.MISSION OF 'rEE CI'l'Y 01" 130ZJIMAN:
Section 1.
'rhat it j.s hereby declared to be th_e intention of the Commission of the
City of Bozeman,
State of Montana,
to create a Special
Improvement District to be known
and designated as Special Improvement District No. 303 of said City, for the purpose of
makins the irnprovements within said Special Improvement District hereinafter described.
Section 2.
That the boundaries of said Special Improvement District No. 303 to
be created are as follows:
The North 150 feet of Block A of Tracy's Third Addition to Bozeman;
and Lots 7,
8,
9,
10,
11,
12,
13,
14,
15,
16, 1'7,
and 18 of rHoel: 3 of
Beall's Third Addition to Bozeman together wit~ West Beall Street
from the west line of Tracy AvemJ_e to the East line of Willson Avenue.
The north 25 feet of Lots 15 and 16 of Block A Tracy's Third Addition
I
and all of Lots 12 and 13 of Block 3,
Beall's Third,
are to be con-
siderec as corner lots and assessed at double their actual area.
Section 3:
That it is hereby declared to be the opinion of sa:td Commission of
the C:U::y of Bozeman,
State of Montana,
that all of the land wi thI.n said proposed Special
Improvement D:tstriet as definecl in Section 2 of this Resolutlon, will be specially
benefitted by the grading,
paving and installation of curbs and all of said improvements,
and should bear all the cost of said improvements ir~ accordance wi tb the laws of the
State of Montana in such case made and provided.
Section 4:
That the character of the improvement to be made within said Special
Improvement District No. 303 is the grading;
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Section 7:
That the entire cos t and e;"pense of maJdng the special improvements
herein set forth in said Special Improvement District No. 303 shall be paid by Special
Improvement District Coupon Bonds,
as authorized by
the Laws of the State of Montana,
which bonds shall be in the denomination of One Hundred Dol1~;1's
(:;? 100.00 )
each,
or
fractions
thereof where necessary,
to be issued and chargeable against a fund to be
I
known as "3':,ecial Improvement District No.
303 Fund"
said bonds to be redeemable at
,
the option of the City of Bozeman, Montana, whenever funds are available for that
Durpose from said Special Improvement District No. 303 Fund.
Said bonds shall draw
sliple interest at the rate of six per cent per anum,
which interest shall be chargeable
as a part of the cost of said improvement,
and
sahlI run from the date of tile registra-
tion of said bonds until said bonds are paid.
Section 8:
To pay said bonds,
and interest thereon,
representing the cost of said
improvement,
a special assessment shall be levied against all
of the lands within said
proposed Special Improvement District No. 303 as hereinbefore defined,
each lot or par-
cel of land wi th4.n said Dis trict to be assesse.:J for tha t portion of the whole cost in
the proportion that the area of said lot,
or parcel
of land,
bears to the area of the
ent:tre district,
exclusive of streets,
avenues,
alleys or public places,
provided,
that
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NOTICE IN H.E
COMMISSION RESOLUTION NO. 335
lJOrrICE 19. .HEREBY GIVEN That at the regular meeting of the Comll1ission of the City of
Bozeman held Friday,
July 24th,
1936,
Commission Resolution No. 335 was passed and adopted.
Said Resolution declares it to be the intention of the Commlssion of the City of Bozeman
to create a Special I:mprovement District to be known and designated as Special Improvement
District No. 303,
for the purpose of installing concrete curbs and oiled macadar:1 pavement
I
on Vvest Beall Street wi thin the boundaries of said proposed district as shown by said
Resolution on file in the office of the Clerk of the Commission and described as follows,
to-wi t:
'1111e North 150 feet of Block A of Tracy' s rrhird Addl fun to Bozeman;
and Lots 7,
8
9,
10,
11,
12,
13, 14,
15, 16,
17, and 13 of Elock
,
3 of Beall's Third Addition to Bozeman together with West Beall Street
from the west line of Tracy Avenue to the East line of Willson Avenue.
The north 25 feet of Lots 15 and 16 of Block A,
'l\racy's 'l'hird Addi ti on
and all of Lots 12 and 13 of Block 3,
Beall's Third,
are to be considered
as corner lots and assessed at double their actual area.
By the said Resolution,
The Corrnnj_ssion also declares
its intention to assess the
entire cost of the conC) truction of said i-"ilprOvements including enE";:1.neering,
inspectIon,
and all other incidental expenses against the land and i:":lprovemonts w:Lthin the boundaries
of said proposed Special :lmprovement District No. 303 upon the a rea bas:i.s,
each square
foot of the land wi thin the boundaries of tb_e said proposed Special Improvement District
No.
303 (exclusive of streets,
allyes,
and other public places)
to be assessed
and taxed
for its proportionate share of such entire cost,
but with the arr:a of the corner lots
with the proposed district
doubled,
as authorized by law.