HomeMy WebLinkAboutResolution 93 Create SID 266
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CITY COMMISrnON EESOLUTIO?r NO. 93.
A RESOWTION OF THE COTvIT,USSION OF 'l'IrE CIn OF BOZEJ\'.AN,
(j
1,WIJTAHA., DECLAn;nTG IT TC BE THE INTEl?rION OF SAID COM-
MISSION TO CREATE A. SPECIAL IJ\rr'nOVS~';EJTT DI3TRIC'J~ TO BE
KNOWN AND DES IGNATED AS SPEC IAL IM}'EWVJ<;l,\SHT Dr STRIC T
NO. 266 OF SAID CITY, FOR THE PURPOSE OF GRADING:
PAVING WITETWO COUR8ECl?0SHED GRAVEL I,IACADA]vI PAVEI/j~NT:
AND IN;;;~'ALLING SUCH DRAINAGE STRUOl'1JI{ES AS MAY BE
NECESSARY on WEST KOCII STREET BETWEEN 'rITE WEST LINE.
OF EIGHTH AVENUE AIm THE EAST LINE OF ELEV;,jNTII AVENc)E,
WITHIN SAID CITY, AND TO SPEClALLY ASS}jjSSTEE ENTIRE
COST .AND EXPENSE OF MARINC} SAID nFEWVEIJIT~N'l'S AGAINST
TIm LANTIWITr-tlIJ SAID DISTRICT AS CI~EArl'.ED.
BE 1'1' H.ESOLVED .BY 'l'HE COIvll\iISSION OF THE CITY OF BOZIDM.AN:
Section 1.
That it is hereby declared to be the
interltioll of the
Commission .of the
City of Bozeman,
State of Montana, to create a Special
Impl'ovement Distriet
to be l:nownand designated. as Special IL:provOimmt Dis-
trict No. E66 of said
City for the Pur1,ose of making tbe. improvements within
said. Special Improvement
Distl'ict hereinafter described.
Secti.ol1 2.
That the boundaries of said Special Improvement District
No. 266,
to be created, are as follows:-
Beginning at a I)oint in the west line of
S. Eighth Avenue,
said point being 150 feet
north of the north line of W. Koch Street;
thence south along the said west line of
Ij
S. Eighth Avenue to a point 150 feet south
of the south line of said W. Koch Street;
r
thence west parallel wi'th and 150 feet S
)
of said south line of W. Koch Street to the
east line of S. Eleventh Avenue;
thence north
along said east line of S. Eleventh Avenue
to a point 150 feet north of the north line
of said W. Koch Street;
thonce east parallel
with and 150 feet north of' said north line
of W. Koch Street, to the point of beginning.
The assessments against all corner lots, viz:
the squth30 feet of Blocks 20, 21 and 22,
and the north 30 feet of Blocks 23, 24 and 25
of West Park Addition to Bozeman, to be double
that of inside lots.
Section 3.
That it is hereby declared to be the opinion of. said
Commission of the
City of Bozernan,
State of Montana, that 0.11 of
the land
within said proposed
Special Improvement District as defined. in Section 2
: I
of this resolution,
whether.abutting on said improvement or not, will be
I specially beYiefi
ttedbythegrading, paving,
installation of culverts, and
all of said improvements,
andshOl.lld bear the co st
of said improvements in
accordance with the
laws of the State of Montana in such case mad.e and
provided.
Section 4.
That the
chQracter of the imIJl'OVemont to be made wi thin
said. Special Improvement
District NO'. 266 is the gra(ling,
the paving wi th two
course crushed gravel
macadam pavement;
and the installing of such drainage
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struotures,
engineering, inspeotion and all incidental expenses,
is Three
Thousand
Forty Four
($3 , 044 .00)
DOllars.
Section 6.
That the area of all corner lots within said proposed
district. is 45501
sCJ.uare feet and the area of all inside lots within said pro-
posed distriot is
182002.5 square feet,
making the total area of the land in
said proposed district
to be taxed
for the co st of
said improvements' (exclusive
of streets,
avenue s ,
alleys and public places)
227503.5 square feet and. an
,
approximate estimate
of the
cost of said improvement,
to be specially taxed
and assessed against
the land therein, is
$0.0223 per square foot for corner
lots and ~0.01115
per square foot for inside lots.
Section 7.
That the entire cost and expense
of making the special
improvements herein
set forth in
said Special Improvement District No. 266
\
shall be paid by Special
Improvemen~
District Coupon Bonds,
as author ized by
the Laws of the State
of Montana, which bonds shall be in the denomination of
One Hundred Dollars
(;i~lOO. 00)
each,
or fractions thereof whe're necessary,
to
be
issued and cb.argeable
against a flllid to be known as "Special Improvement
District No. 266 Fund",
said bonds
to be redeemable at the option of the City
of Bo zeman, :Montana,
whenever funds are
available for tl~t purpose fvom said
Special Improvement
District No.
266 Fund. Said bonds
shall draw simple in-
terest at the rate
of six per cent. per annum, which interest shall be
charge-
able as a part of
the cost of said
improvement, and shall
run from the date of
~he registration of
said bonds until
said bonds are paj.d.
.Section 8. To
pay said bonds, and interest thereon, representing
the
cost of said improvement,
a. special
aS8essment shall be
levied against all of
the
lands within said proposed Special Improvement District No.
266 as herein-
before defined,
each lot 01' parcel of land wi thin said
District to be assessed
for that portion or
the whole cost in the l)roportion that the area of said lot,
or parcel of land,
bears to the
area of the entire
District,
exclusive
of
streets,
avonues,
alleys or public places, provided,
that each square foot of
the land within said
district embraced within any corner lot,
or tract,
(and
for the purpose of
assessment
in this district a corner lot is defined as being
any trac~iof land,
excepting streets,
avenues or alleys,
located within a dis-
tance of 30 feet of
either side line of W. Koch Street within the district)
shall be so assessed
that each square foot of the land embraced within any
such corner lot,
or tract,
shall bear double the amount of the (~ost of such
'improvement that
a square foot Of any ins~de lot,
or tract,
shall 1)ear.
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Section 9.
Said assessment and. taxes shall be payable in six annual
installments,
with six per cent. annual interest
on deferred payments,
com-
mcncing with the ,year
1928, but this
provision shall not be
construed to pre-
vent full payment
at any time.
Section 10.
That the regular sessi on of the Commi 8sion of the
Oi ty of Bozema.n,
State of' )"jolrtan
D., to 1) e held
in said Commission's room in the
City Hall of said
Cit:;r of Bozeman,
on Friday, the
20th ciay of April,
1928,
a t Four O(1)Clock
P 1.1:01' said day, are the
time f)l1d place desigmlted wrlen cmcl
where
the Commission will hear and pass upon all protests duly and.
regularly
made and filed against
the proposed improvement and the creation of said
Special'Improvement
District, and
the extent and. character thereof, o
r of
ei ther thereof.
Section II.
That the Clerk of Baid Commission of
the C i't;y of
Bozeman,
State of Montana,
be,
cmd he' is hereby directed to give notice as
reCJ.uired by law,
of the adoption
of this Resolution.
Passed by the
Commission of the City 01' BozernmJ, Niontana,
and
,
approved b;Y;,the
Ma;;ror of said City this 30th day 01' Earch,
A. D.
1928.
~/J
l'IAYOR
ATTES1' :
~--9/A"~~A/
CLERK OF 'l'HE OOMIVlISSION OF THE
CITY OF BOZEJvIAN
,MONTANA.
NOT ICE
NOTICE IS HEREBY
GIVEN That at a regular meoting 01' the Commission
of the City of Bozeman,
State of
Montana, he lel on Fr iday ,
t,be 30th day of
Mar ell,
1928, a Resolution was duly passed by 'said Commission declaring
its
intention to create
a Spe.cial Improvement District to be known and designated
as Special Improvement
District No. 266 of said Cit;y" , for the p'l1.rpose of grading
and paving with two
course crushed gravel xnacadampavement,and install:i,ng such
drainage structures
as may be necessary on West Koch Street between Eighth and
Eleventh Avenues and
declarin,s it to be ,the intention of said COlillni ssion to
specially assess the
entire cost and
expense of making such improvements against
the entire district,
each lot or parcel
of land within such district to be
assessed for that
part of the whole cost which its area bears to the area of
the
entire district,
exclusive of streets,
avenue s,
alleys and public places,
provided,
that each sg,uare foot of the land in said dl strict
embraced within
any corner lot sball
bear double
the amount of the cost of such improvement
\ that a sg,uare foot
of any inside lot s11all bear,
a 60rner lot to be considered
\aB 30 fee~ in width.