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Resolution 3168 - Resolution of Intention - SID 326bum RESOLUTION NO. 3168 A RESOLUTION OF INTENTION TO CREATE SPECIAL IMPROVEMENT DISTRICT NO. 326. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, MONTANA: SECTION 1. That it is the intention of the City Council of the City of Kalispell, Montana, to create Special Improvement District No. 326 for the following described property: Lots 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43 and 44, Park View Terrace Addition No. 1, Addition No. 85 to Kalispell. SECTION 2. That the general character of the improvements to be made in said proposed Special Improvement District is to construct streets, curbs and gutters, water facilities and sanitary sewer system. SECTION 3. That the estimated cost of said improvements is $75,000.00. SECTION 4. That the entire cost and expense of said improve- ments shall be assessed against each lot within the district to be assessed as follows: Costs of construction of streets, curbs and gutters plus one-half of the engineering and administration costs on the basis of the proportion that the lineal feet of said parcel affronting upon said street bears to the total lineal feet of said street wthin said district; costs of water facilities and sanitary sewer system and one-half of the engineering and admin- istration costs 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 ten equal installments, hereby extended over a period of 10 years. Said assessment shall constitute a fund to be known as Special Improve- ment District No. 326. SECTION 6. That said improvements shall be paid for in Special Improvement District Warrants issued against said district in sums not to exceed $1,000.00 each, bearing interest at a rate that is no greater than allowed by the laws of the State of Montana, from the date of registration until called for redemption or paid in full. SECTION 7. That on the 3rd day of July, 1978, 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 ity Clerk �s h reby authorized and directed to giv he proper notice of he p sage of this resolution by pub cation and m iling as quir d by law, such publication to made in a dai y newspap and r a weekly newspaper published in the City of alispell, antes PASSED AND PROVED By Y COUNCIL OF THE CITY OF KALISPELL, NIQNTA'A, t DA May , 19 78 ii ATT TT. I, the undersigned, City Clerk of the City of Kalispell certify that the foregoing is a tr copy of the Resolution duly passed by the CityCouncil of the City of Kalispell, Montana a - regular meeting held the ,�day of ,gy�/Cityy�,p C„ler of th�e�/J%��`ity of Kalispell, Montana