HomeMy WebLinkAboutResolution 92 Create SID No. 265
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COMMISSION RESOLUTION NO. 92.
A RESOLUTION OF THE COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, DECLARING IT TO BE Trm INTENTION OF SAID COM-
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MISSION TO CREATE A SPECIAL I1PROVID,ffiNT DISTRICT TO BE
KNOWN AND DESIGNATED AS SPECIAL Il~~OVElffiNT DISTRICT NO:
265 OF SAID CITY, FOR THE PURPOSE OF GRADING, CONSTRUCT-
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ING CONCRETE PAVEMENT AND INSTALLING SUCH STorm SEWER
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INLETS AND CONFECTIONS AS MAY BE NECESSARY IN THE FIHST
ALLEY NORTH OF l!TAIN STREET BETWEEN NORTH WILLSON AVENUE
AND NORTHGRANTJ AVENUE WITEUf SAID 0 ITY, AND rro SPECIALLY
ASSESS THE ENTIRE COST AND EXPENSE OF MAKING SAID IIi-
PROVEM~NTS AGAINST THE LAND WITHIN SAID DISTRICT AS
CREATED.
BE IT RESOLVED BY THE COJ!JIJ',IISSION OF THE CITY OF BOZEMAN:
Section 1.
That it is her.ebydeclared to be the 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. 265 of
said. City for the pu.rpose of making the improvements
within said Special
Improvement District hereinafter described.
Section 2.
That the boundaries of said Special Improvement Dist:cict
No. 265,
to becrElated,are as follows:
B€!ginnin~a t a poii1t in the north 1 ine of
W.. Main .treet, where the same is in ter-
seated by the center line of N. Grand
Avepue; thence north along said center
lineofN. Grand Agenue to the south li11.e
of W. Mendenhall Street;
thence east along
said south line of W. Mendenhall Street to
the center line of H. Willson Avenue;
thence
sonthalong the said center line of N~ Will-
son Avenue to the north line of W. Main
Street;
tbence west along said north line
of W. Main Street to the place of beginning.
Section 3.
That it is hereby declared to be the opinion of said
Commission of the
City of Bozeman,
State of Montana, that. all of tbe
land
wi thin said propo
sed Special Improvement District as defined in Section 2 of
this Resoiution, whether
abutting on ,.said improvement or not, will be specially
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and equally benefitted
by the grading, paving, installation of storm sewer,
inlets and cOnnect
ions, and all of sa
id improvements, and shouldecfually
bear the cost of said
improvements in accordance with the laws of the State
of Montana,
in such case made arid provided.
Section 4..
That the character of the improvement to be made wi thin
said Special Improvement
District No .
265.1s the grading; the construction
of
concrete :pavement,
and the installation of sU0h
storm sewer inlets and con-
nections as maybe~necessary
on the first Alley IJ. of :Main Street between the
center 1 ine of N..
Wr1lson Avenue and the ce1;1 ter line of N. Gro,nel Avenue in
said City of Bozeman,
J\1'ontana.
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Section 5.
That an approximate estimate of the cost of doing ,all of
of constructing
all of said imp~ovements, including the grading, pav-
,ing,
storm sewer inlets and connections,
engineering,
inspection,
and all inci-
dental expense s,
is Three Tho1.1.sand
EIght Iftmd.red Ninety'One(4~3,89LOO):pollars.
Section 6.
That the total frontage of the
land within said proposed
district to be taxed
for the cost of said improvements
(exclusive of streets,
avenues,
al,ley's and public l)laces)
is 560 lineal feet and an approximate estimate
of the cost of
sa ide Im:provemen t ,
to be specially taxed and assessed against the
land therein,
is $6.9482 per lineal foot of said frontage.
Section 7.
That the entire cost and
eXIJense
of making the special
improvements hereJn
set forth in said 81)ecial Improvement District No. 265
shall be paid by Special
Improvement District Coupon Bonds,
as authorized by
the Laws of the state
of Montana, wJHch 'bonds shall be in the d.en<;>mination of
One Hundred DOllars
(:;~lOO.OO)
each,
or fractions thereof where necessary,
to
be
issued and cbargealJle against a fund to be known as "Special
ImI)rOVement
District No.
265 Fund It ,
said bonds to be redeemable at the option of the City
of Bozeman, IILontana,
whenever funds are available for that Pur1)ose from
said
Special Improvement
District No. 265 Fund.
Said bonds shall draw simple
in-
terestat the rate
of six per cent. per annum, which interest shall be
charge_
able as a part of
the cost
,of said improvement,
and s11<'111 run from the date
of the registration
of said bonds
until sa id bond s are
pa id.
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.
2G5 as here-
inbefore defined,
each lot or parcel
of land within said District to be
assesf?cd for that
portion of the whole cost in the proportion that the alley
frontage of
said lot,
or parcel of land,bears to the alley frontage of the
entire District,
exclusive of streets,
avenues,
alleys or public places.
Section 9.
Said assessment and taxes shall be payable in ten annual
installments, with
six :per cent.
annual interest on deferred payments,
commencing
with the year 1928,
but this provision
shall not be construed to prevent full
payment at any time.
,
Section 10.
That the regular session qf the Commission ,of the City
of Bo ze mlln,
State of Montana,
to (be held in saidCommissJ,o.J1':S room in
Hall of sa.id City
of Bozeman,
on Friday ,theZO~h day OJ April ,
1928,
are the timear~dpla.ce~eSignated 1/IThen and where the
Commission will hear
and p'assupon allpl'otests
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against the proposed
improvement and the creation of said Special Improvement
Distric t, and the
extent and character thereof,
or of either thereof.
Section II.
That the Clerk of
said Commission of the City of
Bozeman,
State of Montana,
be,
and he is hereby directed to give notice as
required by law,'
of the adoption of this Resolution.
Fassed by the Commission of the City of Bozeman, Montana,
and approved
by the M.ayor of said
City this 30th day of Uarch,
A D 1928.
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ATTEST:
Cler~n o1:fFie
City of Bozeman, Montana
NOT I
0 E
NOTICE IS R'EREBY GIVEN THAT At a regular meeting of
the Commission
of the City of Bozeman,
State of MontaxJa,
held on Friday the 30th day of M.arch,
1928, a resolution
was duly passed and adopted by said Oommission declaring
its intentions to
create a. special impl'ovement district to be lmown and desig-
ilated(>.s Special
Improvement District No. 265 of said City, for the purpose of
grading, constructing
concrete pavement and installing such. storm sewer inlets
and connections as
may be necessary on the first alley N. of Main Street be-
tween Willson and
Grand Avenues, and
declaring it to be the
intention of said
Commission to specially
assess the ent ire cost and expense of making such
improvements against
the entire district,
each lot or parcel of land wi thin
such district to be
assessed. for that :part of the whole cost which its alley
frontage bears to
the alley frontage of the entire district,
exclusive of
streets,
avenue s,
alleys and public :places.
That the estimate of the total cost and expense of making such
improvements is $
3,891.00; that the total alley frontage of all property
in the district tobe
assessed for the prpposed improvement exclusive of
streets, avenues,
all~ys and pUblic places. is 560 lineal feet, that the
estimated cost per
lineal foot of said property to be so .specially assessed
and taxed is $6.9482
and that Friday, the 20th day of April, 1928 at 4 o'clock
F Mandthe Commission
Chamber of the said Oityof Bozeman has been d.esignated
as the time when ,
and the place where, the said Commission will hear and pass
upon all 'prote sts
that may be made against the proposed work or against the
extent or creation
of the said district to be assessed,
or both. Such
protests,
if any,
must be in Writing,
and must be delivered to
the Clerk of the COrnDlission
wi thin fifteen days
after the date of the first publication of thi ~J notice.
For a description of the boundaries of said proposed. Special Improve-
ment District No.
265, reference is hereby made to Gommisc1ion Resolution No.
92 declaring the intention
of said Commission to create said special improve-
mentdistrict, which
is now on file in the office of the Clerk of the Com-
mission of the City
of Bozeman, Montana.
Dated at Bo?eman, Montana, this 5th day of April,
A. D.
1928.
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WALTER DAVIS
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Clerk of the Commission.
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