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Resolution 2906 - Resolution of Intent - SID 314RESOLUTION NO. 2906 A RESOLUTION OF INTENTION TO CREATE SPECIAL IMPROVEMENT DISTRICT NO. 314 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANAs SECTION 1. That it is the intention of the City Council of the City of Kalispell, Montana, to create Special Improvement District No. for the following described area.: Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 of Block 8; Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 16, 17, 18 of Block 9, Section 3 of Northridge Heights. SECTION 2. That the general character of the improvements to be made in said proposed Special improvement District is the installation of a sanitary sewer. SECTION 3. That the estimated cost of said improvements is $15,000.0E1;. SECTION 4. That the entire cost and expense of said improvements shall be assessed against each lot within the district to be assessed for that part of the whole cost which its area bears to the area of the entire district. SECTION 5. That said assessment shall be paid for in full upon completion of the contract, or shall be paid in 10 equal installments# hereby extended over a period of 10 years. Said assessment shall constitute a fund to be known as Special Improvement District No. SECTION 6. That said improvements shall be paid for in Special Improvement District Warrants issued against said district in sums not to exceed $1,000 each, bearing interest at a rate not to exceed seven percent (7%) per annum from date of registration until called for redemption or paid in full. SECTION 7. That on the 7th day of May , 1973, at 7:30 P.M., in the Council Chambers of the City Hall in the City of Kalispell, Montana, at a regular meeting thereof, the City Council will hear and pass on any protests that may be made against the making of said improvements or the creation of said district. SECTION 8. The City Clerk is hereby authorized and directed to give the proper notice of the passage of this resolution by publication and mailing as requiredbX law, such publ ation to be made in the Daily Inter Lake, a daily neper, publish in the City of Kalispell, Montana. PASSED D.APPROVED E HE CI COUNCIL OF THE CITY OF KALISPELL, MONTANA, THIS '2 DAY (7F,h Apr ,. 4"C L -/Z' Laurence G. or a y, MAY ATT25T i ri 7 i .4,' _ 1, the undersigned, City Clerk of the City of al spell, her c rtity that the foregoing is a true and correct copy of the re cation duly ass by the City lour:cil of the City of Kalispell, Montana, at regular s ing April 2, 1973 ty�Cjer,K sf- ha City of Kalispell,