HomeMy WebLinkAboutResolution 78 Creating SID No. 260
CITY COMMISSION RESOLUTION NO. 78.
A RESOLUTION OF THE
CITY COMMISSION OFTBE CITY OF BOZEMAN, MONTANA, CREATING SPE-
CIAL IMPROVEMENT DISTRICT
NO. 260 OF TEE CITY OF BOZEMAN, STATE OF MONTANA, FOR THE
PURPOSE OF CONSTRUCTING
CONCRETE PAVEMENT AND STORM SEWER IN THE FIRST ALLEY SOUTH
OF MAIN STREET, FROM
TRACY AVE. TO WILLSON AVE., WITHIN SAID CITY, AND TO SPECIALLY
ASSESS THE ENTIRE
COST AND EXPENSE OF MAKING SAlD IMPROVElVIENTS AND THE MAINTENANCE
THEREOF AGAINST THE
PROPERTY WITHIN SAID DISTRICT, UNDER AND BY VIRTUE OF TEE PRO-
VISIONS OF SECTIONS
5225 TO 5277 INCLUSIVE, OF THE REVISED CODES OF MONTANA, 1921,
AND ANY .AMENDMENTS
THERETO.
WHEREAS, At a regular
session of the C'ity Commission of the City of Bozeman,
State of Montana,
held on the 31st day of Dec.,
A.D. 1926, the said City Commission
duly ~assed City Commission
Resolution No. 77, declaring it to be the intention of
said City Commission
to create a ~ecial improvement district to be known and des-
ignated as S:pecial
Improvement District No. 260 of said City, for the purpose of
constructing concrete
:pavement and storm sewer in the first alley south of Main st.,
from Tracy Ave. to
Willson Ave., within said City, and to specially assess the entir
cost and expense of
making said improvements against the property within said dist-
riot under and by
virtue of the provisions of Seotions 5225 to 5277 inolusive, of
the Revised Codes
of Montana, 1921, and any amendments thereto, which said City Com-
mission Resolution
No. 77 is hereby referred
to and made a part hereof for further
particulars in respect
to the boundaries of said district,
the estimated cost of'
said improvement and
the method of assessing the same against the property withiD
:1
said district.
AND WHEREAS, Notice
of the passage of' City Commission Resolution No. 77 was du-
ly published in the
Bozeman Courier, a weekly newspaper printed and published in
said City of Bozeman,
to-wit: In the issue
of January 7, 1927, and by mailing a
copy of such notice
to each person, firm or oorporation, or agent of such person,
firm or corporation
having property within the proposed district at his last known
address upon the same
day such notice was first pUblished as aforesaid, and due
proof having been
made 0.1' the publication .0:1: said notice;
AND WHEREAS, Within
the time provided by law and published noticei;here were
filed with the Clerk
of the City Commission, no protests against the proposed work
and against the creation
and extent of said district to be assessed; and the City
Commission was in
regular session on the 28th day of January, 1927, a.t '7:30 o'clOck
P.M. of said day,
at the Commission Chamber in the City lIa.ll Building in the said
City of Bozeman, the
same being the time and place designated for hearing and pass-
ing upon all protests,
if any, against the proposed work or against the creation or
extent of said district,
or Qoth; and it further appearing that all of the proceed-
0
. ,....
I ings for the creation
of said district have been complied with;
NOW, THEREFORE, BE
IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN,
! STATE OF MONTANA:
Sec. 1-
That said Special Improvement District No. 260 of the
City of Bozeman,
---.---....
State of Montana,
be, and the same is, hereby created for the ~urpose of making the
improvements therein
as hereinafter desoribed.
Sea. p.
That said speCiaL:tmproyements 1;1e, and the same are,
hereby ordered.
to bemad-ein said
Special Improvement District No~2'66"asfollows:
The oonstrl.lction
otconorete pavement and storm sewer in the first alley
southo! Main Street,
from Tracy Ave. to Willson AVe.
Sec. 3.
That the entire cost and expense of making the special
improvements
herein set forth in
said Special Improvement District No. 260 shall be paid by Spe-
cial Improvement District
bonds of the denomination of One Hundred Dollars ($100.00)
each, and in fractions
where necessary, to be issued and chargeable against a fund
to be known as Special
Improvement District No.. 260' ,Fun~;
said bonds to be redeemabl
at the option Qf the
City of Bozeman,Montana, whenever funds are available for
that ~urpose from
said Special ImpJ;'overnent District No. 260 Fundi
said bonds shall
draw simple interest
at the rate of six per cent. per annum, which shall be charge-
able as a part of
the cost of said special improvement and shall run from the date
of the regIstration
of said bonds until saiel bonds are paid;
and such interest, from
the date of the registration
of the bonds until the payment of the first install-
ment, will be colle~cted
by the Director of Finance of said City of Bozeman at the
time of cOIJ"ecting
such first Installment; that the entire cost and expense of said
improvement within
said distr;j.ct shal:!, be defrayed by a special assessment against
'..,"i';-
theentfredistrict,
eaohlot or parcel of land within said district wherein the
improvements shall
be made, to be assessed .for its proportion of such expense, each
sql1are foot of the
area of sl1ch lot s cr:parcelsof land wi thin said Spe cial Improve-
ment District No.
260, exclusive of streets, avenues, alleys and public places, to
be assessed for its
proportionate share of such entire cost;
that the amount assesse
against each lot or
paree.l of land shall be pa id in equal annual installments ex-
tending over a period
of five years.
Passeela;nd adopted1;\y
the City Commission of the City of Bozeman at a regular
sesMonthereof, held
on the. 26th day of January, 1927.
President pro tempore
Approved by the
" ~the 28th day of ,Tanuary, 1927.
ATTEST:
CLERK OF THE COMMISSION.
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