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HomeMy WebLinkAboutResolution 83 Create SID No. 262 ---."..-..-.--- .-----.--"...-.-.-........-... CITY COMMISSION RESOLUTION NO. 83 A RESOLUTION OF TEE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, DECLAR- ING IT TO BE TEE INTENTION OF SAID CITY COMMISSION TO CREATE A SPECIAL IIV1PROVEMENT DISTRICT TO BE KNOWN AND DESIGNATED AS SPECIAL IMPROVEMENT DISTRICT NO. 262 OF SAID CITY, FOR THE PtJEPOSE OF CONSTRUCTING A SANITARY SEWER IN THE ALLEY IN BLOCKS "En AND "F" OF STORY'S .Al)DITION FROM THE END OF THE PRE'SENT SEWER NEAR THE WEST LINE OF EIGHTH AVENUE EAST A SUFFICIENT DISTANCE TO SERVE ALL THE LOTS IN SAID BLOCKS ItE" AND"F" BETWEEN THE EAST LINE OF LOTS 15 and 30 IN BLOCKS nE", AND THE WEST LINE OF EIGHTH AVE. ALL WITHIN SAID CITY, AND TO SPECIALLY ASSESS THE ENTIRE COST AND EXPENSE OF UAK- ING SAID IMJ?ROVEMENTS AND THE W-A.INTENANCE THEREOF AGAINST THE PROPERTY WITHIN SAID DISTRICT, UNDER AND BY VIRTUE OF THE PROVISIONS OF SECTIONS 5285 to 5277 INCLUSIVE, OF TEE REVISED CODES OF MONTANA, 1921, 100) ANY AMENDMENTS THERETO. BE IT RESOLVED BY THE COMIUSSION OF THE CITY OF BOZEMAN; Sec. I. That it is hereby declared to be the intention of the City Com- mission of the City of Bozeman, State of Montana, to create a special improvement district to be knoWl11 and designated as Special Improvement District No. 262 of said City, for the purpose of mmcing the improvements wIthin said special improve- ment district herein described. Sec. 2. That the boundaries of said Special Improvement District No. 262 to be created are a.s follows: All that portion of the City of Bozeman, Montana, within the follow- ing metes and bounds, to wit;- Beginning at a po int in the south line of Main Street, said pOint being the northeast corner of LOt 15, Block "Elf of Story's AddItion to Bozeman; thence west along the south line of sai.d Main Street to the west line of Eighth Avenue South, as opened by deed through Block "F" of said Story's Addition, thence south along said west line 0 f Eighth Avenue S. to the north line of Babcock Street; thence east along said north line of Babcock Street to the south east corner of Lot 30 of said Block 'IE"; then north along the east line of Lots 30 and 15 to the point of beginning. Sec. 3. That it is hereby declared to be the intention of said City Com- mission of the City of Bozeman, state of Montana, that all of the land within said propos.ed sIJeCial improvement district as defined in Section 2 of this Resolution, abutting on said improvements, will be specially and eCJ.ually bene!i tted b:'l the improvements contemplated, and sho'\11d eCJ.ually b ear the cost of said im];Jrovements in accordance with the laws of the Stat~ of Montana in such case made and. provid- ed. Sec. 4. That the character of theim];Jrovements to be made wi thin said dis- trict 1s as follows: The digging of the necessary trenches and laying of a six-inch vitrified tile sewer pi];Je, togethar with the installatiClrlO,:f'.apll1anholes,. vvyes and other aIfpurtenanc.esnecassary to COnstruct and complete a sanit~y se~~;iIJ. t:he .... 411eY'>il1 Blocks"E" and"F" of' Story's Add! tion,'frorn the end of. the present sewer, near the west line of Eighth Ave "east a su.1'- \ ficient distance to serve all the lots in said Blocks "E" am "F" between the east line of Lots 15 and 30 in Block"E" and the west line of Eighth AV,e. Sec. 5. That an approxima te estimate of the cost of doing all of the work, includingpi;pe, wyea,manholes, trenching, pipelaying, backfilling,enginE!ering, inspection and. incidentals, is One Thousand Seven Hundred Twenty-Two and 75/100 Dollars ($1722.75). Sec. 6. Tha. t the total frontage of the land wi thin said proposed district to be taxed for the cost of said improvements (exclusive of streets, avenues, alleys, I I and public places) is ,nine hundred sixty (960) lineal fee~' ani an approximate esti- I J \ ..' mate of the co st ofaafd ilIlprovement to be specially taxed and., assessed against the land therein, is $1.79453 per lineal foot of said frontage. Sec. 7. That the entire cost arulliexpense of making said special improve- ments in said proposed District No. 262 shall be ],)aidby S]J:ecial Improvement Dis- trict Coupon Bonds as authorized by the laws of the state of :Montana, which bonds shall be in the denomination of One Hundred Dollars ($100.00) each and in fractions where necessary, to be issued and chargeable against a f1.U1dto be known as Special Improvement Distriot No. 262 Fund, said bonds to be redeemable at the option of the C'Ii. ty of Bozeman, Monta.na., whenever funds are availab,le for that ],)urpose from said Special Improvement District No. 262 Fund. Said bond.s shall draw simple interest - at the rote of six per cent per annum, which 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 ],)aid. Sec. 8. To pay said bonds and interest thereon, representing the cost of said improvement, a speoial asse,ssment shal::L be levied against all of the lands within said proposed S],)eoial Improvement DistriotNo. 262 ashereinbe;fore defined, eaohsquare foot of the area thereof to be assessed and taxed. for its ],)roport,ion- a te share of such en tire cost. exolusi ve of stree.ts, avenue s, alle ys and publi 0 places. Seo. 9. Said assessment and taxes shall be payable in eight annual instal- lments with six per oent annual interest on deferred payments, commencing with the y ar 1928, but this provision shall not be construed to ],)revent full payment at any time. Sec. 10. That the regular session of the City Commission of the City of Bozeman, State of Montana, to be held in the Commission Chamber, City Hall Build- ing, City of Bozeman, on Friday, the 26th day of August 1927, at 7:30 o'clock P. M. of said day, are the time a.nd, plaoe designated. when and where the said Oi ty Com- mission will hear and pass upon all protests duly and re gularly made a.nd filed, against said propo sed improvement and the creation of said proposed im],)1'ovement district, am the extent and character thereof, or of either thereof. rc""" Sec. 11. That the Clerk of the said. City Commission of the City of Bozeman, i j State of Montana, be, and is hereby d.irected. to give notice as required by law, of " the ad.o]?tion of this Resolution. Passed by the Gity Commission of the Oity of Bozeman, Montana, and approved. by the Mayor of said City, this 5th day of A:ugust A.D. 1927. ATTEST: .......~.Q~_~~~'-!A/ _~6~~~ CLERK OF ..EE' COMMISSION -------- --- ---------- ----- ..-------- . .-...----. ..- .-.--".-- -..... .-.- .-- .__.__..n. of the 01 ty. of Bozeman declaring the intention to create the same, which is on file in the office of the undersigned Clerk of said Commission in the City Hall of said City of Bozeman, state of Montana, and open for inspection to all interested parties ("--, I and to the public generally. I II Dated at Bozeman, Montana, this 5th day of August,A. D. 1927. ) r'l'h/'7:;,-;,.A.~r~/' CLERK OF TIJE COMMISSION (l lJ il \J -,