HomeMy WebLinkAboutResolution 143 Create SID No. 277
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C01ThiISSION
RESOLUTION NO. 143
I A RESOLU1l'ION OF THE COla.tISSION OF THE CITY OF BOZEMAN, 1\'IONT"AHA, D~CLAHING IT TO
BB TIlE IN'2EN'2IOH OF SAID Cm.;l.ISSIOl~ TO CREATE A Sl'ECIAIJ II\Tl:'HO V E1TENI' DISTRICT
'ro BE lQ'L,WN AND DESIGNNrSD AS Sj?ECIAL IMPROVE}J]ENT DISTRIC'r NO. 277 OF SAID CITY,
FOR THE :FUH.POSTT; OF GRADING: J:AVINC WITH TWO CCUH8E CHUSlIED GltAVEL lLACADATv:
PAVEl,Ui;NT: AKD INSTi\.LLING SUCIl DHAn~AG~ STHUCTUHES AS l.~AY BE NECEf)SARY ON FIFTH
AVENUE sour.rrJI.I;TVrS':I; TIE~ ;;OUTll LIN:EC O? WI<:ST KOCH STn}<~IDT AND 'lEE SaUTE LINE
OF
WEST DIC1ER~;ON STRKET, W. TEIN SAID CITY, AND TO SPECIAIJLY ASSESS f[1}'E EN1IRE COST
AND EXPTGNSE OF FAKING SAID na)HOV1%IENTSAGAINST 'lEE LAND V1ITHn; SAID DISTRICT AS
CREA~ED.
3~.C IT HE;:,CLV~m 3Y THE CQl,IIvIISSION OF TEE
CITY OF BOZEMAN
Section 1.
That it is hereby declared to be the intention of the Commission
of the City of Bozeman, State of Montana,
to create a Special Improvement District
to be known ami designated as S.pecial Improvement District No.
277 of said City
for the purpose of making the improvements wi
tlJin said Special Improvement District
hereinafter described.
Section 2.
That the boundaries of said Special Irr~rovement District
No. 2'17, to be created, are as follows:
Beginning at a point in the so~th line of W Koch
Street,
said point being 100 feet west of the west line
of Fifth
Avenue South;
thence east along the said south line of
W Koch street to a point 15) feet east of the
east line of
said Fifth Avenue South;
thence south papalle1 with and 150
feet east of said east line ofF'ifth Avenue South
to the
I south line of W Dickerson Street to a point 150
feet west
of the 'Nest line of said Fifth Avenue South;
thence north
parallel with and 15J feet west of said west line of Fifth
Avenue South, to the point of beginning.
The assessments
against all corner lots, viz; the
east 30 feet of Blocks
26 and 31 and the west thirty feet of Blocks
27 an~ 30 of
Park Addition Lo Bozeman,
to De double that of inside lots.
Seetion 3.
~hat it is here"by declared to be the opinion of said Commission
of the City of Bozeman, State of l',':ontana that atl of the land within said proposed
Special Improvement District as defined in Section 2 of this resolution, whether
abutting on said improvement or not, will be speuial1;,. benefitted by the grading,
paving, instal1a tion of culv':rt~3 and all of
said improvements, and should bear the
cost of said improvements in accordance with the laws of the state of l~ontana in
such case made and provided.
Section 4.
r[1hat the character of the improveme.nt to be made within said
Special Improvement District No. 217 is the grading; the paving with 'fwo Course
Crushed Grave 1 l,':.acadam pavement; and the
installation of such drainage structures
as may be necessary on Fifth Avenue South between the south line of \; Kocl, street
and the south"line of ~ Dickerson Street in said City of Bozeman, Montana.
I Section b.
That an approximate estimate of the cost of doing all of the
wort of constructinc all of said improvements, includint~
Ghe grading, paving,
drainage structul'es, engineerL:g,
inspection and all incidental expenses is Two
Thousand Six Hundred l<'orty 'llwo Dollars
(:~2 , 642.00) .
Section 6.
(:eha t the area of' all corner lots wi thin said proposed d.istrict
is 34,800 S'luare feet and the area of all inside lots within said proposed district
is 133,200 square feet, makinf: the total area of the land in said proposed district
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to be taxed for the cost of said imIH'ovements
(exclusive of streets, avenues, alleys
and public places) 168,000
SCluare feet and an approxir;,ate estimate of t.lle cost of
said improvement, to be' speciall;l taxed and assessed
against the land therein is I
~0.02656 per square foot for corner lots and
;;0.013028 per sqti.are 1'00 t for inside
lots.
Section
7. That the entire cost and expense of making the special
iJaprove-
ments herein set forth in said Special Improvement District No.
277 shall be paid
by Special Improvement District Coupon Bonds,
as authorized by the Laws of the
state of lTontana, which bonds shall be
in the denomination of One l~ndred Dollars
("100 00) eac~ ,
or fractions thereof where necessary, tu be
issu.eel and chargeable
,,) .
against a fund to be known as nSpecial Improvement District No. 277 Ii'und" ,
saiel
bonds to be redeemable at the option of the City of Bozeman, Montana,
whenever
funds are available for that purpose from said Special
Improvement District Tio. 277
Fund. Said L)ond~3 sha11 elraw simple
interest at the ra t eo; six per cent per annum,
which interest slla11 be cl,ar{:eable 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.
Section
8. To pay said bOrLLc'3, and interest tLereon,
representing the cost
of said improvement, a
special a sse S ;J;Je--!.t sllall be levied tlt:::air:st all of tbe lands
witLin said 'proposed Special Improvement District Ho.
277 as hereinbefore defined, I
each lo~ or parcel of land Ditl_in said District to be assessed for that portion of
the whole cost il1 tLe proportion tha t the a:C82, of' said
10"0, or parcel of land,
bears to the area of
the entire District, exclusive of streets,
avenue s, alleys
or public places, provided. ,
that eacll square foot of tIle land 10vi thin said district
ernoraceel within any corner lot, or
tract (and for the l:urpose of asseSSJilenT, in
tLis elistrict a corner lot is defined
as beirl{' an;)! tract of land, excepting streets,
avenues or alleys, loc~te( within a distance
of 60 feet of either side line of
Fifth Avenue South within the elistric"0) shall
be so assessed that eac: squ2re foot
of the land embraced v. i thin any such corner lot,
or tract" shall bear double the
amount of the cost of such improvement that
a S(luare foot of an, inbide lot, or
(,rac t , sl1,.I.l1 bear.
Section
9. Said assessment and taxes shall be payable in six annual
installments, with six per cent annual
lnteres: on deferred payments, cOlrimencin{' wi th
the year 1 9 ;:9, but this provision shall not
be construeel to prevent full payment
at any time.
Sf':ction
10. -,1m t the regular sesi:,ion of the COJrjrnission of "the Ci ty of
I
Bozeman, state of Montana,
to be held in said Commissj.on' s roora in the (,1 ty Lall
of said Ci"0Y of Eozema;" on Friday,
the 12t~h da~r of Jul~r. 1929, at four o'clock
P. 1':. of said ..ay,
are the ti[;le and place desic:nated \,hen and ':::he:['e the Commission
will hear and pass upon all protests dul;! and rer:ularly raade and. filed agains"t the
proposed improvement and "the creation of said
Special Improvement District, and the
extent and character thereof, or of
eitLier thereof.
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Section 11. That the Clerk of said Commission of the City of Bozeman,
state of Montana be, and he is hereby directed to give notice as re~uired by
I law, of the adoption of this Resolution.
I)a:,sed b~, theCommission of the Oi ty of Bo zeman 0 1,~_ontana, and approved
by the mayor of said City this 21st day of June, 1929, A. D.
!J~t/
1-:lAYOR
ATTEST:
J~k\\ '/
. 'I ) {;t(;{1
Clerk of e ~ommission of the
City of Bozeman, Montana
I
I
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nUT ICE
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nOTICE IS
HEREBY GIVEN: That at a regula~-' meeting of the Commission of the
I
City of Bozeman, State of 1.~ontana,
held on Friday the 21st day of June, 1929, a
H.esolution was duly passed b;y' said Commission declaring its intention to create
a Special Improvement District to be known and designated as Special Improvement
District No. 277 of said City, for
the purpose of grading; paving with Two Course
Crushed Gravel M.acadam pavement and installing suer; drainage structures as may
be necessary on li'ifth Avenue South between KOC!1 and Dickerson Streets and declaring
it to be the inteneion of said Commission to specially assess the entire cost
and
expense of Ilakin{,,; such improvements against the entire district, each
lot or parcel
of land vd "thin sucL district 110 be assessed for tLat part of -;:;l1e wLole cost which its
area bears to the area of tlle entire district, exclusive of streets,
avenues,
alleys ~nd public places, provided, that eaci:, square foot of any inside lot
shall
bear double the amo'.mt of tIle cost of such improvement "that a square foot of' any
inside lot shall bear, a corner lot to be considered as 30 feet in width.
That the
estimate of the total cost and expense of making BUcn i:nprovements
is :~2, 642.00, that the total area of property in
the district to be assessed for
the proposed improvement exclusive of streets, avenues, alleys and public p~aces
I
is 168,000 square feet; that the estimated cost for each corner lot in said
district is~0.026056 per sCiuare foot and the estimated cost for eacb inside lot
in said di str ict i s~O. 013028 per sCiuare foot, and l1ha t Friday, the
12th day of
July, 19~~9 , at 4 o'clock ~. K.
and the Commission Chriffiber of the said. Ci ty of
Bozeman, has been designated as the
time when, and the place where, the said
Commission will hear and pass upon all I)rotests that ma;/ be maC_e against the
proposed work or against the axtent or creation of the said district to be assess-
ed or both. Such protests, if any,
LLust be in w1'i tin~':, and must be delivered to
the Clerk of the Commission within fifteen days after the date of' the first
publication of this notice.
For a d.escription
of the boundaries of said proposed Special Improvement
District no. 277 reference is hereb;y made to Commission ;~esolutlor. No.
14.:) dec-
laring the intention of' said Commission to create said special improvement district,
which is no'. on file in the office of the Clerk
of tile Comrni ssion of the Ci ty of
Bozeman, 1,Tontana.
Dated at
Bozeman, I'lontana, this 21st day of,:une, 1929, /~. D..
I
\VALTl-<;R DA VL3 t
Clerk of the ComDission
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