HomeMy WebLinkAboutResolution 95 Create SID No. 268
C011MISSION
RESOLtITION 1W. 95
A HESOLUTION OF ~nm Cm!:J'HSSICIii OF TE::>: CITY OF BOZE1iii0]", I,lONTANA,
DECLAIUNG I'J,' TO BE TEE INTENTION OF SAID C()!:TMISSION TO CREATE
A SPECIAL IMPROVEIvlENT DISTRICT TO BE KNOWN AND DESIGNATED AS
SPECIAL IMPROVEI,mNT DISTRICT NO. 268 OF SAID CITY, FOR THE
PURPOSE OF GRADING: PAVING WITE WA..'t.RENITE-BIT1JLITI-IIC PAVE1U":NT:
AND SUCH STORM SEWERS AND HEADERS AS HAY BE NECESSARY ON WEST.
COLLEGE STREET BETWEEN 'rI-iE EAST LINE OF FOURTH AVENUE A1!!D TEE
EAST LINE OF EIGHTH AVENUE, WITHIN SAID CITY, AND TO SPECIALLY
ASSESS TEE ENTIRE COST AND EXPENSE OF M_AKING SAID nUJROVEMENTS
AGAINS'r TEE LAND WITHIN SAID DISTRICT AS CREATED.
BE IT RESOLVED BY THE COMMISSION Q]' THE CITY OF BOZEMAN
Section 1. That
it is hereby (teclared to be the intention of the
Commii;!sion of the
City of Bozeman,
State of Montana, .to create a Special
Improvement District
to be known and designated as Snecial Improvement District
No. 268 of said City
for the purpose of making the improvements within said
Special Improvement
District hereinafter described.
Section 2. That
the boundaries of said Special Iml'Jrovement District .
No. 268,
to be create~, are as follows:-
Beginning at a point in the east line of South Eighth Avenue
said pOint being 165 feet north of the north line of W. College
Street; thence south along the said east line of S. Eighth
Avenue to a point 165 feet south of the south Une of said W.
College Street; thence east I!arallel .wi th and 165 feet S. of
said south line of W. College Street tOe~€lt east line of S.
Fourth Avenue; thence north along said/line of S~ Fourth
Avenue to a point 165 feet north of the north line of said W.
College street; thence parallel with and 165 feet north of
said north line ot W. College Street, to the point of be-
ginning. The assessments' against all corner lots, viz; the
wouth 30 feet of the tracts south of Blocks 46 - 47 - 48 and
49 of Park Addition and the north 30 feet of Blocks 2 - 3 - 4 an~
5 of Capitol Hill 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 -Bozeman,
state of Montana that all of the land within
said proposed Special
Improvement District as defined in Section 2 of this
resolution, whether
abutting on sa'id improvement or not, will be specially
benefitted by the
grading, paving, installation of storm sewers, and all of
said improvements
and should bear the cost of said improvements in accordance
with the laws of the
state of ~i[ontana in such case made and provided.
Seotion 4.
~hat the character of the improvement to be mad.e
within said Special
Improvement District No. 268 is the grading; the paving
with'Wa1"renite-Bitulithic
pavement; and the installing of storm sewers and
. t
headers as ma;\T be
necessary on West .College Streat between the east line of
Fourth Avenue South
and the East line of
Eighth Avenue South in said City of
Bozeman, Montana.
Section 5. That
an ap~roximate estimate of the cost of doing all
of the work of constructing
all of said in~provements, includi
ng the grading,
paving,
storm sewer, headers, engineering,
inspection and all incidental
expenses,
is twenty-one thousand dollars,
($21,000.00).
"
Section 6. That
the area of all corner lots within said proposed
district is 67742
sQ.uarefeet and the area of all inside lots within said
~~_m"""J"'.."~.
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proposed. d.istrict
is 302378 Slluare feet making .the total area of the ],and. in said
propos'ad district
to be taxed for the cost of said. improvements
(exclusive of stree s,
avenues, alleys and.
:publicplaces) 370120 square feet and an approximate estimate
of the cost of said
improvement,
to be specially taxed and assessed. against
the
land. therein,
is $0.09592 per square foot for corner
lots and ::~O .04796
per
square foot for inside
lots.
Section 7.
That tlJe entire cost and exp'ense 'of making the
special
improvements herein
set forth in said. Special Improvement District
No. 268 shall
be padd by Special
Improvement District Coupon :Bonds, as authorized. by the Laws
of the
State of Montana, which bonds shall be in the denomination of
One Hundred
"
Dollars
($lOO.OO)
each,
or fractions thereof where necessary, to be issued and.
chargeabel against
a fund to be known as IISpecial Improvement District No. 268
Fund n .
said bonds to be redeemable at the o];ition of the City of BozeIllan,
Montana,
whenever funds are
available for that purpose from said Special Iuprovement
District No. 268 Fund.
Said bond.s shall
draw simple interest at the rate of
six per cent per annum,
which interest shall be
chargeable 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 pa id .
'Section 8.
To };Jay said bonds, and ihterest thereon, representing the
cost of said improvement,
a special assessment shall be levied against all of the
land,s wi thin said
proposed Special Improvement
District No. 268 as hereinbefore
defined,
each lot or parcel of land within said District to be assessed
for that
portion of the whole
cost ,in the proportion that the area. of said lot, or parcel
of land, bears to
the area of the entire District, exclusive of
streets, avenues,
alleys or public places,
provided,
that each S'luare foot of the land within said
district embraced
within any corner lot,
or tract (and for the purpose of asse~:3-
ment in this district
a corner lot is defined as being any, tract of land,
streets avenues or
alleys, located within a distance of 30 feet of either
of Vi. College Street
within the di strict)
shall be so assessed that each square
, foot of the land
embraced within any SUCrl corner lot,
or tract, shall bear double
the amount of the
cost of SllCh improvement that a
s'luare foot of any inside lot,
or tract,
shall bea,r.
Section 9.
Said assessment and taxed shall be payable in twenty-one
annual installments,
with six 'percent annual interest on deferred payments;
commencing with the
year 1928. but this provision shall not be construed
prevent full payment
at any time.
Section 10.
Tha't! the regular session of the Commiss.ion of the City
of Bozeman,
State of Montana,
to be held in said Commission's room in the City
\
Hall of Said City
of Bozeman, on
Friday, the 27th day of April,
1928 at Four
o'clock P. M. of said
da.,y. are the time and place designated when and wh(3re
Commission will hear
3.nd pass upon all protests duly a'nd re~larly made and
- ,
aga,inst~ tItS pro];) 0 sed ic(];)rovemont and the orea t ion 0 f siad 8.p eci al Improvemen t
District, and the extent and character thereof, or of either thereof.
Section 11. That the Clerk of said Commission of the City of Bozeman,
State, of :Montana, be, and he is hereby direoted to give notice as reg,uired by
law, of the ad.o:ption of this Resolution.'
Passed by the Commission of the City of Bozeman, Montana, and approved
by the Mayor of said City. this 6th day of A];)ril, A. D. 1928.
y~
ATTEST:
. ~~~' .----
Clerk of th.~>S8 on ~ty of Bozeman, Montana.
~o . . NOTICE
NOTICE IS HE Y GIVEN that at a regular meeting of the Commission of
the City ~f Bozeman, Sta'e of Mont~na, he~d ?n Friday ~he~th ~ay of April, 1928,
a Hesolutlon was duly passed by sald Commlsslon delc8.1'lng lts lntention to create
a Special Improvement District to be known, and designated as Special Improvement
District No. 268 of said City, for the rmrpOGe of grading; paving wi th Warreni te-
Bi tuli thic pavement and installing such storm s.ewers and headers as may be nece-
ssary on West COllege Street between Fourth and Eighth Avenues and de(Jlaring it to
be the intention ofsa-id Commission to specially assess the entire c.ost and
expense of m::ikingsuch improvements against the entire district, each lot or parce
of land wi thin such districtLt'o be assessed for tha tpart of the whole co st which
its area bears to the area of the entire di$trict, exclusive of streets, avenues,
alleys and public p1,ac8s, provided, that each square foot of the . land in said
di strict embraced within any corner lot shall hear (louble the amount of the cost
of such improvement that,ast;[uare footOf'any inside lot shall bear, a cOI'nerlot
to be considered as 30 feet in width.
illhat the et1timateqf the total cost and expense of makin8; sucb improve-
ments il1 $21,000.00, tMt the total area of pro];)ert;y in the district to be assesse
for the proposed impr~vement exolusive of streets, avenues, alleys and public
places is 370,120 Slluare feet, that the est;i.mated cost for each cornor lot in said
district is :$0.09592 per square foot and the estimated cost for each inside lot in
said district is ;i~0.04796 per square foot, and that Friday, the 27th day of
April, 1,928 at 4 o'clock p. m., and the Commission Chamber of the said City of
Bozeman, has been designated as the time v,'hen, and the place where, the said
Commission will hear and pass upon all protests that may be made against the
proposed work or against the extent or creation of the siad district to be
assessed or both. Such l1rotest, if any, must be in writing, and must be delivered
to the Clerk of the Commission within fifteen days after thE) date of the first
publica.tion of this notice.
.. For a description of the boundaries of said proposed Spcial Iml)rOVement
District No. 268 reference is hereby made to Commission Hesolution No. 95 declal'i
the intention of said Commission to create said special improvement distric"b, whic
is now on file in the office of the Clerk of the Commission of the Oi t:l of Bozeman
Montana.
Dated at Bozeman, Montana, this 12th day of April, A.D., 1928.
. Wal tar D'avis, Clerk of the Commission n
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