HomeMy WebLinkAboutResolution 48 Creating SID No. 250
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CITY COU::nSSICn ';:?SOT-,U'":'IO:N NO. 4e.
/',\lTI;S(J:LUTIO~T m;' TIC CITY Cmj~:ISSIOT:: 011' ':::'Tr' CITY ()J"B07,-~:T/l.l:-,
T :TO ~T'T' AiT /\ ,
-rWCLAT; I7;-G
IT
TO
I
'IT' TI-:::;;
IlTT}i~NTIOI:if OF SAID CITY COTvTI'HSSIOH TC
CTrP.i'l. Tr A S ;::r:::;G IlI.1,
rfivT::O\rp~,'i!~LTT DJS'1'HICT TO
lIS lCNOW"- A'l!) T)":;'; IGNA1'?TJ
AS
SlJTi'CIAL HrIJTW'T'l';!"i;'l" DISTHICT;W.
250 OF SAID CITY,
FO::{
':'Im i?UTEJOSE OIt' GnADn~G:
.;'AVING ~crITn T1vo-couns~;' CHUSlrm (:::\;\\"'1-, l"_fl.CADAT.~ PA\.rn'!"'";:~rT;
COtT-
STIWCT lEG COHCR"FiTr CUT{138
AN~D
nTsr;1A1...Ln~G SUCH F~ ^..P~:\GTI'
S~T.{T.J(;~l";~r"'~.:-) ..:\8 r.:Li~{ 'B::~ }-'Ir..~C~SS.A}~Y
BET':VTi1~N Tm:~ VlJ'~ST I,Iliffi m;' EIGHTP A \/E NUJG AIm Tl~ CI'T'y I,nOTS
AT T~LTi:'lr~lTTH A vrNTJI,~ O1'T 7ffiST
BA'3COCF STTlT:ET, 'VITFnT SAID CITY,
AND TO sr~CI/\..I,L'{ A~'.:)Ti"S() r;'}]" -r-;JTTH{P COS'"
/\..tTD .,? .~(l')"!"t..~'..;SF'
OI<' ItA.KING SAID
IMplW 1r~}J}~I':-TS
AGADmT TET: L~Jm WITHI_N SAID nIS'l"HIC'1' AS C;-qr.NtRTJ.
nJi~
IT nrSOJ... VE') BY TI-F: COMIHSSI en O~? TIIT~ CITY OF 130ZI:J:.1AN:
Sec.
1 .
Tha.t it
iA hereby declared to be the
intention of
the City Com-
mission of the
City. of Bozeman,
State of
ILontana,
to
create a Specie;,l
Impr ove ~;\('.::~ t
District to
be known and
des i gn ate
d ::::.~s
Sp ,"c ia_l Improvement District No.
C) ~'_:" /.j
o f s ai d
('wi '..1 ......
Ci ty fa r the purpose
of making the
improvemen ts wi Hi ir..
said. SDeci;J.l
Irr.~)ro verr,8 n t
District ~ereinafter described.
Sec.
t')
That the boundaries
of said. Speci2.1
Im?rovement District No.
2~;0 ,
..., .
to be
created,
are
t:lS
fnllows:
c3eg irming
at a?oint
in the west
line of :Sigl.;th
'lvenue South,
said point
1\0 fe et sou
__._..__....u.
53
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assessed against
the 1 and tllcrein,
is $2.56R per front
fo 0 t 0 f
sr~j d land;
t}!C
term
I
"Fro n t foot"
:ceferri rl~!:
to the
nurrlb (11:' of'
lineal
feet frontinc,:,
or abutting, u ~) 0 n
8ai(1 "lest Babcock Street
':.'i t'.l i:1
sa i d pr 0 r 0 sed
district.
See,
7.
That
the entire
cost and
expense of making the special
improve-
rnentH herein set
fortb in sat d
Special
Improvement District
No.
2')0 shall
be paid
f)J S pe c i 0..1 Improveme
nt Di3trict
Coupon Bonds,
oi, s
8..11tilOr i zed 1)y the Lawe
of the State
of T,~on tana ,
'N~lich banilf3shal1 be
in the
denomination
of One
ITundred Dollars
( l'i'lD() "
\ ;jp I.,'
";;O:1.cL,
or
fr;-tc~;ions
thereof where necessary,
to
be issued
and c llarg c~ab le
against a
fund to
be known as "Special
Improvement District No.
2::0 Fund",
said bonde;
to
be
rede eml-.),ble
,;:tt the
option
of the
City of Bozemao,
;'.:lontana,
w}lenever funcl;3 are
avai 1,.
able for
that
purl:' 008
fro Tn said
S IJ e Cl.:.i, 1
Improvement
District lTo. 2;)0
Fund. S,~id
bondF1
shall
draw
si rn.;~)113
inter(J3t
at the
rate of six per
cent per annum,
which int-
erest
shall
be
charGeable as
a part of
the cost
of said
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lTOTIC~.
FOT IC'::
IS JFRc;BY GIVEN that
at
a regular meeting of
tile :;ity Cor;].mis2,ion of
I
the
City
of Bozeman,
Stats
of IJfontana,
'held
on Tbursrlu,,:,r,
the 23cl
day of A-pril, A.D.
19~2b ,
a :'Zesolution of
said Commis;:;io:l
was duly
:JaG f) e cl
n.nd adoQtAd declarin~
it to
be
the
intention
of
said C omrni S 3 i ()'!
tJ cre'J,t~
a SnecLLl Improvement District to he
known and desigm1ted
fJ..S
"Speci:l.l ImQrovement District
No. 2h UtI
of
said Cit] of 30ze-
man,
1",on ta'ul ,
for the
;)U1'i)OSe
of gradi ng:
[)a v ing wi t:l two-,course cru:J~ed Gravel mac-.
L~-,(.l. [en
.) a 'r ',~ 1:1 C"1 t and
t'1e
inst,allat ion
of
concret":
CUrlJ8 ~:irl<5
~3J. c 1". drd
na;;e ,:;+,ruct'tre::::: :.i6
may
bt.~ nece~:;,:;,';iry
on West B~bcock Stroet
() c t"Je fOr! the
~.''t C~ tJ t
li.ne
at' ~::iC~'1U, Avenue South
a:ld
the City
Limits
at Eleventh Avenue
Sou th ,
witlJin s;lid :::;i;-,,'/ 0: "302
ernEc'.n , L:ontarlCl
,
and
decl ar
ing it to be