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Resolution 1202 - Resolution of Intent - SID 241I= A 21,150LUTION of intention to create Special Improvement District No. 241. 3E IT 77S301,V"-,':M BY THE CITY COMI�CIL OF TMPI CITY OF Sri,CTION 1. That it is the intention of the City Council of the City of Kalispell to create a special improvement district, hereby d,.,signated as Special Improvement District hio. 241, and the 0oundaries of said proposed special improvement disUrict are hereby declared to be as follows: Beginnin�,,, at a point which is the intersection of the centerline of 12th Street East with The centerline of the 3rd alley east of Main Street, thence southerly along -the centerline of the alley to the southern �)oundry line of the City, tlionce easterly along- said boundry line to the center- line of tne 4:th alley cast of Llain Street, 'Unence northerly along said centerline to its intersection with the centerline of l2th Street, thence westerly alon�,� said centerline to the place of ber,inninv. SECTION 2. That 'the gcneral clLaracter of the improve- ments to ��e made in said proposed Special. Improvement District is as follows, to -wit: t'ne installation of a 6 incA water main together with aydrants and all other necessary appurtenances. SECTION 3. That the approximate cost of said improve- Ments is $1,700.00. 37CTION 4. That the entire cost and expense of such improvements, includinC- street and alley intersections, shall be a�,sessed against the entire district, each lot orparcel of land witain such district to be assessed for that part of t,,Ie whole cost which its area bears to the area of the entire district, excluoive of streets, alleys and public places. SECTION 5. That said assessment shall be paid in five eclial annual installments nereby exterded over a period of five years. 3aid assessment shall constitute a i,und to oe known as 3pecial Inproven.ent District, Fund No. 241. :�ECTION 6. That said iraproverierts sliall 00 POid 1'01, in 3pecicLl Improvement District Coupoll.. 'garrants issued a--�,ainst said district in tae su'-, of �,i�100.00 each, lue!,,,rin,��,� interest at b per cent. per aiinum from tiie date of reC,,-istration until called for redemption or paid in full, interest payable annually on the first day of January of eaca year, payable five y�-,ars froo, date 565 a and redoenn.able at any time tnore are iun(Js to the c2:1eait of si,ich Improve-ment District Fund availa'.310 trler�lfor; tlie interest l'i si�,,,natures of the coupons attacl,.ad to such warrants to bear the Mayor and Clerk. SECTION 7. That on nia )rd day of Tune, 11J-21D, at uhe Council Chambers in -�he City Hall ol Gity of Kalispell, Mont-, ana, at Y:30 o'clock P. LI., a reZular meetin�r,, 'the City Council will hear and pass upon all pro -tests tilat may be iaade aSainst the making of such improvements or the creation of such district. 13ECTION S. The City Clerk is hereby authorized and directed to give t_ae proper notice of the pao6age of this resol- ution by publication and mailin[j; as recuired oy la,,j,,, such publi- cation to ,)e iriade in tne Kalispell Times, a weekly newspaper published in U�ae City ol Kalispell. Passed tnis bth day oi' ivlay, 11�2�). Approved (;his 6th aay of luay, 19,2�). J. P. Bruc!�.�iauser, blayor. Attest, C. i�,,,ekoll, City Cl-��rk. State of I'lontana, County of Flatiiead, City of Kalispell, ss I, C. E. 2rekell, Clerk of the City of Kalispell, klontana, do aere�)y certify that the foreL,,,oing is a Vull, true and exact copy or a resolution passed by the City Council of tae 'City of Kalispel'"�� , Montana, May 6th, ana approved by the Mayor of said city of the same date. City Clerk.