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HomeMy WebLinkAboutResolution 35 Create SID No. 246 . ~ ....., .. ---.--.-------- ~ 13 . ----.--. ....._--". -----...--...- CITY COMMISSION RESOLUTION NO. 35. I, A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, DECLARING IT TO BE THE INTRNTION OF SAID CITY CO:MMISSION TO CREATE A SPECIAl, IMPROVEMENT DISTRICT TO BE KNOWN AND DESIGNATED AS SPECIAL IMPROVEMENT DISTRICT' NO. 246 OF SAID CITY, FOR THE PURPOSE OF CON- STRUCTING CONCRETE CURBS AND HEADERS: THE INSTALLING OF STORM SEWER CONNECTIONS AND DRAINAGE CONDUITS WHERE NECESSARY; AND GRADING AND PAVING WITH TWO COURSE CRUSHED GRAVEL MACADAM PAVEMENT ON MENDEN- HALL STREET BETWEEN THE EAST LINE OF THIRD A VENUE NORTH AND THE WEST LINE OF NORTH CHURCH AVENUE (EXCEPT THE INTERSECTION OF TRACY AVENUE NORTH, WHICH IS PAVED), WITHIN SAID CITY, AND TO SPECIALLY ASSESS TEE ENTIRE COST AND EXPENSE OF MAKING SAID IMPROVEMENT AGAINST THE LAND WITHIN SAID DISTRICT AS CREATED. BE IT RESOLVED BY THE COMMISSION OF TEE CITY OF BOZEMAN: Section 1. That it is hereby declared to be the intention of the City Connnission of the City of Bozeman, State of Montana, to create a Special Improvement District to be known and designated as Special Improvement District No. 246 of said City for the purpose of making the improvements within said Special Improvement District hereinatter described. Section 2. That the boundaries of said Special Improvement District No. 246, to be created, are as follows: Beginning at a point in the east line of North Third Avenue, said point being 140 feet north of the north line of Mendenhall street, I thence east parallel with and 140 feet north of said north line of Mendenhall Street to the west line of North Church Avenue; thence south along said west line of North Church Avenue to a point 140 feet south of the south line of said Mendenhall Street; thence west parallel with the south line of said Mendenhall Street and 140 feet south of same to the east line of North Third Avenue; thence north along the east line of said North Third Avenue to the place of beginning, all in the City of Bozeman, .. ...--. -.-...--..-....--- -..-.- --..--..--..- ... -~._..._-_._- 14 .---.--.------ _n . . .__.". .n_.____.... ...---------------.--...- . - ...... -. .---......- -.-...---..-..---.......--...-...- _____.__n____.________..__.. .._..__.__.....m_.___..__._._____.... ... _._.._..... ._.....__. ....__...._.....u____.__..__.___.._._.____._ trenching, pipe laying, back filling, curbing, grading and paving, and including engineering inspection and all incidental expenses, is Fifteen Thousand Two Hundred I Thirty-one and 21/100 Dollars ($15,231.21) . Section 6. That the total area of the land within said proposed District to be taxed for the cost of said improvement (exclusive of Streets, Avenues, Alleys and public places) is Six Hundred Seventy-six Thousand Seven Hundred Fifty-seven and four one hundredths (676,757.04) square feet, and an approximate estimate of said improvement to be specially taxed and assessed against the land therein, is $0.022506 per square foot of said land. Section 7. That t-he entire cost and expense of making said Special Im- provement District in the said proposed District No. 246 shall be paid by Special Improvement District Coupon Bonds, as authorized by the laws of the State of Mon- tana, 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 fund to be known as "Special Improvement District No. 246 Fund", said Bonds to be re- deemable at the option of the City of Bozeman, Montana, whenever funds are available for that purpose from said Special Improvement District No. 246 Fund. Said Bonds shall draw simple interest at the rate of six per cent per annum, which interest I 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 paid. Section 8. T'o pay said" Bonds and interest thereon, representing the cost of said improvement, a specia.l assessment shall be levied against all of the lands wi thin said proposed Special Improvement District No. 246, as hereinbefore defined, each square foot of the superficial area thereof to be assesse'd and taxed for its proportionate share of such entire cost, exclusive of streets, avenues, alleys and public places. Section 9. Said assessment and taxes shall be payable in eight annual installments, with six per cent annual interest on deferred payments, commencing with the year 1924, but this provision shall not be construed to prevent full pay- ment at any time. Section 10. That the City Engineer be, and he is hereby direoted to pre- pare plans a.nd specifications for the do ing o'f said work and the making of said im- provements. Section 11. That the regular session of the Commission of the City of I Bozeman, State of Montana, be held in the said Commission's room in the City Hall of said City of Bozeman, on Thursday', the 19th day of J'une, 1924, at seven thirty o'clock, p.m. of said day, are the time and place designated when and where the said City Cormnission will hear and pass upon all protests, duly and regularly made and filed, against said propos'ed improvement and the creation of' said proposed improve- ment district, and the extent and character thereof, or of either thereof.