Resolution 3181 - Creates SID 325RESOLUTION No. 3181
A RESOLUTION CREATING SPECIAL IMPROVEMENT DISTRICT NO, 325 FOR
THE PURPOSE OF CONSTRUCTION OF STREETS, CURBS, AND GUTTERS, TWO
ARCH CULVERTS, A STORM DRAIN AND SANITARY SEWER SYSTEM.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NALISPELL,
MONTANA:
WHEREAS, on the lst day of May, 1978, said Council did pass
and adopt Resolution No. 3171, a resolution of intention to
create Special Improvement District No. 325; and
WHEREAS, the City Clerk of said city did give Notice of the
passage of said resolution by publishing same for five successive
days in the Daily Inter Lake, a daily newspaper published in
Kalispell, Montana, beginning on June 11, 1978, and also on June
11, 1978, true copies of said Notice were mailed to all persons
having real property within said district; and
WHEREAS, on the 7th day of July, 1978, at the next regular
meeting of said Council the Council did conduct a hearing on said
Resolution No. 3171, and no protests, written or oral, were made
or presented against creating said Special Improvement District
No. 325.
NOW THEREFORE, said Council does hereby create Special
Improvement District No. 325 for the purpose of construction of
streets, curbs and gutters, two arch culverts, a storm drain and
sanitary sewer system in that certain area described as follows:
see Exhibit "A" attached hereto and by this reference
made a part hereof.
The approximate cost of said improvements is estimated to be
One Million One Hundred Thousand and No/100 Dollars ($1,100,000.00).
Said costs will be assessed against each lot within the district
for that part of the whole cost which its area bears to the area
of the entire district. Said cost may be paid in full upon com-
pletion of the contract, or in twenty equal annual installments
extending over a period of twenty years.
PASSED AND ADOPTED THIS 7TH DAY or JULY 1978, BY THE
CITY OF KALISPELL, MONTANA.
Mayor
ATTEST-
;�ity ClArk
I, the undersigned, City Clerk of the City of Kalispell certify that the foregoing is a t�
copy of the Resolution duly passed by *e gity Council of the City of Kalispell, Montaria
meetin he'd the 17-6c d of V'/ 'j 10 -
City Cler�/ of the City of Kalispell, 1�bntana
527
NOTICE OF SALE OF
SID 325 BONDS
CITY OF KALISPELL, MONTANA
NQTIC4 15 HEREDY 01VEN by the City Council of the City of
Kalispell, Montana, that the said city Council will, on the
11th day of September 1978, at the hour of 7:30 p.m. in
the council chambers of City Hall in Kalispell, Montana, sell
to the highest bidder for cash, either amortization or serial
bonds of Special Improvement District No. 325 of the City of
Kalispell, Montana, in the total amount of One Million One Hundred
Thousand and No/100 Dollars ($1,100,000.00)for the purpose of
defraying the cost of the construction of streets, curbs and
gutters, two arch culverts, a storm drain and sanitary sewer
system all in that area included in the property described in
Exhibit "A" attached hereto. Amortization bonds will be the
first choice and serial bonds will be the secon choice of the
Council. The boundaries of SID 325 are given in Resolution No-
3171 dated May 1, 1978.
If amortization bonds are sold and issued, the entire issue
may be put into one single bond or divided into several bonds, as
the Council may determine at the time of sale, both principal and
interest to be payable in semi-annual installments during a
period of twenty (20) years from date of issue,
If serial bonds are issued and sold, said bonds will be in
the amount of One Thousana and noAO0 Dollars,
($ 1,000.00 )' e�ich, numbered from one (1) to eleven hundred (1100)
both inclusive, and said bonds shall become due and payable on
the Ist day of January , 19 98 .
The said bonds, whether amortization bonds or serial bonds,
will bear date of issue of October 1 F 1978, and will bear
interest not exceeding the maximum rate per annum permitted by
the laws of the State of Montana, payable annually on the Ist
day of — January , 19 79, and on the Ist day of January
of each year thereafter; Provided, however, that said -bonds, and -
each and all of the same, shall be redeemed at the City of Kalis-
pell at any time when there is sufficient money in said SID 325
fund, against which said bonds are issued, available therefore,
said redemption to be made as provided by law; provided, further,
that the City Treasurer shall first pay out of said SID 325 fund,
annually, the interest on all outstanding bonds upon presentation
of the coupons belonging thereto,.and all monies remaining in
said fund shall be applied to the payment of the principal and
the redemption of the bonds in the order of their registration.
Said bonds will be sold for not less than their par value
with accrued interest to the date of delivery, and all bidders
must state the lowest rate of interest at which they will pur-
chase the bonds at par. The City Council reserves the right to
reject any and all bids and to sell said bonds at private sale.
All bids other than on behalf of the State Board of Land
Commissioners of the State of Montana must be accompanied by a
certified check in the sum of One H=dred Ten Thousand and no/100
($ 110,000.00) payable to the oraer —of th(� -City clerk of the City -
of Kalispell, Montana,.which will be forfeited by the successful
bidder in the event he shall fail or refuse to complete the
purchase of said bonds in accordance with the terms of his bid.
. All bids shall be addressed to the City Council of the City
';' 2 C5
of Kalispell, Montana, and delivered to the City Clerk of said
City.
DONE BY ORDER OF THE CITY COUNCIL OF THE CITY OF KALISPELL,
MONTANA, THIS 7TH DAY OF JULY 1 1978.
Publish:
8/15/78
8/22/
]8
19 /2Q /78
i4/N
City Clerk
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NOTICE OF CALL FOR BIDS
CITY OF KALISPELL, MONTANA
SID 325
NOTICE IS HEREBY GIVEN, that sealed proposals for the
construction of streets, curbs and gutters, two arch culverts,
a storm drain and sanitary sewer system for the City of Kal-
ispell, Montana, will be received by the City Council at Kal-
ispell, Montana, until 7:30 p.m., , 1978. All
proposals shall be addressed to the City Clei�_k, City of Kalispell
and plainly marked "SID 325 Construction." At a meeting of said
council at said time and place said bids received will be pub-
licly opened and read; bids received thereafter will not be
considered.
The work involved is for the construction of work for SID
325 created on July �, 1978 by Resolution No. as spec-
ified in plans and specifications as outlined and an file at the
following address:
—1
OTClEy of Kalispell, Director of Public Works, P. 0. Box 1035,
Kalispell, Montana 59901. Said resolution and Resolution NO.
3171 contain more particular description of said district and
are on file in the City Clerk's office, Kalispell City Hall.
Each bidder must display his current Montana Contractor's
License, class and number.
All bids must expressly covenant that if the bidder shall be
awarded the contract the bidder will, within days after
such award, enter into a formal contract 'and give good and suf-
ficient bond to secure the performance of the terms and conditions
of the contract; otherwise, the bidder shall pay unto the City of
Kalispell the difference in money between the amount of the bid
of the said bidder and the amount for which the City of Kalispell
legally contracts with another party to supply said property if
the latter amount is more than the former, but in no event shall
the bidder's liability or the liability of the surety of such
bidder exceed the penal sum of 10% of the bid. All bidders
shall, as bid security, accompany the bid with such sum in lawful
money of the United States, or a cashiers check, certified check,
bank money order, or bank draft, in any case drawn and issued by
a national banking association located in the State of Montana,
or a bid bond or bonds executed by a surety corporation authorized
to do business in the State of Montana. Any such bank instrument
or bond shall be payable directly to the City of Kalispell.
A bond will be required of the successful bidder in the
amount of one -hundred per cent (100%) of the aggregate of the
proposal for the faithful performance of the contract and
protection of the City of Kalispell against the liability of
accidents.
If a contract is awarded, the bidder whose bid is accepted
and who shall thereafter refuse to enter into and execute the
proposed contract, as stated in said covenant, shall absolutely
forfeit such monies or bank instruments to the City of Kalispell,
and becomes immediately liable on said bid bond to said sum.
The money, bank instrument or bid bond, as the case may be,
shall be returned to those bidders whose bid is not accepted.
A reasonable charge may be made for copies of the bid
documents. The successful bidder will be furnished additional
copies thereof without charge as required.
The successful contractor will be required to carry Workmen's
Compensation under Plan Number Three of the Workmen's Compensation
Act of Montana, and upon final settlement with the contractor, the
City of Kalispell will deduct all unpaid premium assessments for
the Industrial Accident Fund, which the contractor has not paid on
the labor employed by him but for not more than the amount of the
contract.
The City of Kalispell may accept the owest responsible bid,
but the Council reserves the right to waive any technicality or
informality and accept any bid which may be deemed best for the
interests of the said district and the City of Kalispell. The
City Council may reject any and all bids or proposals should it
deem this for the public good, and also reject the bid of any
party who has been delinquent or unfaithful in any former contract
with the City of Kalispell, and the City shall reject all proposals
or bids other than the lowest regular proposal or bid of any res-
ponsible bidder and may award the contract for said work or improve-
ment to the lowest responsible bidder at the price named in said bid.
DONE BY ORDER OF THE CITY COUNCIL OF KALISPELL, MONTANA, ON THE
DAY OF 1 1978.
Publication dates:
City Clerk
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