HomeMy WebLinkAboutResolution 94 Create SID No. 267
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CITY C01mISSIGN
RESOLUTION NO. 94.
A RESOLU'l'ION OF THE COMMISSION OF THE 'CITY OF BOZEMAN,
MONTANA, DEOLARING IT TO BE THE INTENTION OF SAID OOM-
MISSION TO CREATE A SPECIAL IMPROVEMENT DISTRICT TO BE
KNOWN AND DESIGNATED AS SPECIAL DiJPROVEJ,IEHT DISTRICT
NO. 267 OF SAID CITY, FOR THE PURPOSE OF GRADING:
PAVING WITH ~WO OOURSE CRUSHED GRAVEL MAOAD~~ PAVEMENT
AND INSTALLING SUCH DRAINAGE CULVERTS AS j{lAY BE NEC.!
ESSARY ON NORTH GRAND AVENUE BETWEEN THE NORTH LINE OF
WEST 1.AM1VIE STREET AND THE NORTH LINE OF WEST VILLARD
STREET, WITHIN SAID CITY, AND TO ;)PECIALLY ASSESS 1'HE
ENTIRE COST AND EXPENSE OF 1~ING SAID IMPROVEMENT
AGAINST THE LAND WITHIN SAID DIS'I'IUCT AS CHEATED.
BE IT RESOLVED BY TI-rE OOMMISSION OF 'J~lm OITY OF BOZEMAN:
Section L
That it is hereby dGc1are~ to be the intention of the
Commission of the
City of Bozeman,
State of Yontana, to create
a Special Im-
provement District
to be known and designated as Special Improvement District
No. 267 of'said Oity,
for the purpose of
making the improvements within said
Special Improvement
District hereinafter described.
Section 2.
That the boundaries of said Special Improvement District
No. 267,
to be created, are as follows:
BeginninE at
a point in the north line of West
Lamme str'oet,
said point being 84 feet west of
the west line
of North Grand Avenue; thence
north, parallel
with and. 84 feet west of said
west line of
North Grand Avenue to 'the north
n
line of West
Villard Street; thencoeaBt along
said north
line of West Villard Street to a
J
point 84 feet
east of the east line of said
North Grand
Avenue; thence south parallel wi th
t,.
.
and 84 feet
east of said east line of North
Grand Avenue
to the north line of said West
Lamme Street;
thence we f3t along said north
line of Went
Lamme Street to the place of be-
ginning, all
in the City of Ib zeman, Montana.
Section 3.
That it is hereby declared to b~ the opinion of said Com-
mission of the City
of Bozelnan, State of
Montana, that fill of the land
wi thin
sai.d proposed 81)ecial
Improvement District, as defined in Section 2 of this
Resolution, whether
abutting on saHl imp:rovement or not, \vill be specially
and eCf.1,:lally benefi
tted by the grading, pavine: and instr,lla tion of said rlrain-
age culverts,
and all of said impl.'ov,ementu, and should eqlmlly bear
the cost
of said imIlrovement
in accordance with t.he laws of the State of Montana,
in
such case made and
provided.
Section 4.
That the character of the iml)l'Qvemcl1t to be made vii thin
said Special Improvement
District Ko. 267
is the grading, the pavint:: with
two
course crushed gravel
macadam pavement,
and the installation of such clraim\ge
culverts as may be
n'ecessary, on all that portion of North Grand Avenue in the
said Gi ty of Bozeman,
Montana, between the north line of West LaJrU'ne Street and
the north line of
West Villard Street.
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Section 5.
That an approxhmte estimate of the cost of dOing
all
of the worle of constructing
all of said. imrn'ovements,
including grad.ing, paving,
culverts,
engineerIng,
inspection and all incidental expenses,
is One Thou sand
Nine Hundred Dollars
(~~l, 900.00).
Seiction 6. That
the total frontage
of the land within said pro-
posed district to
be taxed for the cost of said improvoment,
exclusive of
streets,
avenues,
alleys and public places,
is Nine Huwired. Ninety Two and
Three Tenths
(992.3)
lineal feet,
and an approximate estimate
of the cost of
said improvement to
be specially taxed and assessed against the land therein,
is $ 1.915 per front
foot of said land;
the ter~ "Front foot" referring to
the number of lineal
feet fronting,
or abutting, upon said North Grand Avenue
within said proposed
district.
Section 7.
That the entire cost and expense
of mak ing the special
improvements herein
set forth in said Special Improvement District No. 267 shall
be paid by Special
Improvement District Coupon Bonds,
as aubhorized by the
laws of the state
of Montana, which
bonds shall be in the denomination of
One Hundred Dollars
($100.00)
each,
or fractions thereof where necessary,
to
be
issued and cl1argeable against a fund to be known as "S:pecial
Improvement
Distric.t No ~
267 Eand",
said bonds to be redeemable at .the option of the City
of Bozeman, Montana,
whenever funds
are available for that purpose from said
Special Improvement
District No. Z67 Fund.
Said bonds shall draw simple
interest at the rate
of six per cent. per annum, which interest shall be
chargeable as a part
oftha cost of saicl improvement,
and shall
rDh from the
date of registration
of said bonds until said bonds are paid.
Section 8.
.To pay said bonds and interest thereon, representing the
cost of said improvement,
a special assessment shall be levied against all of
I
the lands wi thin
said:pro:p.osed Special Im:provement District No. 267,
as
inbefore defined;
each lot Or parcel
of land within said ?istrict to be
assessed for that
portiol1 of the whole cost in the proportion' that the
feet of said lot or
parc$lof land. bordering or abutting on said North Grand
Avenue bears to
the total North Grand Avenue frontage,
exclusive of streets,
alleys,
avenues and :public places, within said District.
Section 9.
Said Assessment and taxe s shall be payable in seven
annual installments,
with six per oent
annual int.ereston deferred payments,
comme.ncing with the
year 1928,
but this .:provision shall not be oonstrue.d to
prevent full payment
at any time.
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Section 10. That
the regular session of the Commission of the City
of Bozeman,
State ofT'Montana,
to be he ld
in the said Commission's room in the
City Hall of
said City of Bozeman,
on Frida;)T,
the 20th day of April,
1928, a.t
four o'clock P Mof
said day, are
the time and 'place designated when and where
the said Commi ssion
will hear and pass upon all protests,
duly and regularly
made and filed,
against said proposed improvement and the
creation of said
proposed Special Improvement
District, and the 8:Etent and character thereof,
or of either thereof.
Section 11. That
the Clerk of the 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.
Passed by the Commission of the City of Bozeman, Montana,
and
ap p roved by the
Mayor of said City,
this 30th day of March,
A D 1928.
Mmku ~-~--,-"-
MAYOn
ATTEST:
~.
CLEHK OF THE COJ\UvrrSSION OF THE
CITY OF BOZEMAN, rWJiJTANA.
NOTICE
NOTICE IS HEREBY GIVEN That at a regular meeting of the Commission
of the City of Bozeman,
State of Montana, hel(l on FridfoJ.y, the 30th day of
March,
A D 1928,
a Resolution was duly passecl and adopted by said Commission
declaring it's intention
to create a Special Improvement District to be known
and designated as
"Special Improvement District No. ,~67n of said City, for the
purpose of grading;
paving with two
course crushed gravel macadam pavement
and installing su.ch
drainage culverts as may be necessa.r;y, on all that portion
of North Grand Agenue
between the north line of West LanIDW Street and the
north line of West
Villard Street within said City of Bozeman, Montana, and
declaring it to be
the intention of said Commission to
specially assess the
entire co st and expense
of malcingSQch improvements against the entire Dis-
tract,
each lot or parcel of land within said District to be
assessed for
that portion of the
whole cost tba t the lineal feet of said lot bordoring or
abutting on said North
Grand Avenue bears to the total North Grand. Avenue
frontage, exclusive
of streets, avenu.es, alleys and public l)lo.ces.
That the estimc.te of the approximate cost of constructing said im.-
provement is ~ 1,900.00;
that tho total frontage of the property within said
District to be assessed
and taxed for said improvement is 992.3 lineal feet,
and that the estimated
cost per front foot of said property to be
so specially
assessed and taxed,
is ~j~ 1. 915.
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