HomeMy WebLinkAboutResolution No. R19-21CERTIFICATE AS TO RESOLUTION AND ADOPTING VOTE
I, the undersigned, being the duly qualified and acting recording officer of the City of
Laurel, Montana (the "City"), hereby certify that the attached resolution is a true copy of
Resolution No. R19-21 entitled: "RESOLUTION RELATING TO SPECIAL IMPROVEMENT
DISTRICT NO. 119; CREATING THE DISTRICT FOR THE PURPOSE OF UNDERTAKING
CERTAIN LOCAL IMPROVEMENTS AND FINANCING THE COSTS THEREOF AND
INCIDENTAL THERETO THROUGH THE ISSUANCE OF SPECIAL IMPROVEMENT
DISTRICT BONDS SECURED BY THE CITY'S SPECIAL IMPROVEMENT DISTRICT
REVOLVING FUND" (the "Resolution"), on file in the original records of the City in my legal
custody; that the Resolution was duly adopted by the City Council of the City at a regular
meeting on June 4, 2019, and that the meeting was duly held by the City Council and was
attended throughout by a quorum, pursuant to call and notice of such meeting given as required
by law; and that the Resolution has not as of the date hereof been amended or repealed.
I further certify that, upon vote being taken on the Resolution at said meeting, the
following Council Members voted in favor thereof. Council
Member Eaton, Council Member Klose, Council Member Mountsier, Council Member Wilke,
and Council Member Herr; voted against the same: ;
abstained from voting thereon: ; or were
absent: Council Member McGee, Council Member Stokes, and Council Member Sparks.
WITNESS my hand officially this 4th day of June, 2019.
r
City Cl rt rer
RESOLUTION NO. R19-21
RESOLUTION RELATING TO SPECIAL IMPROVEMENT DISTRICT NO.
119; CREATING THE DISTRICT FOR THE PURPOSE OF UNDERTAKING
CERTAIN LOCAL IMPROVEMENTS AND FINANCING THE COSTS
THEREOF AND INCIDENTAL THERETO THROUGH THE ISSUANCE OF
SPECIAL IMPROVEMENT DISTRICT BONDS SECURED BY THE CITY'S
SPECIAL IMPROVEMENT DISTRICT REVOLVING FUND
BE IT RESOLVED by the City Council (the "Council") of the City of Laurel, Montana
(the "City"), as follows:
Section 1. Passage of Resolution of Intention. This Council, on May 7, 2019, adopted
Resolution No. R19-14 (the "Resolution of Intention"), pursuant to which this Council declared
its intention to create a special improvement district, designated as Special Improvement District
No. 119 of the City (the "District"), under Montana Code Annotated, Title 7, Chapter 12, Parts
41 and 42, as amended, for the purpose of financing a portion of the costs of certain local
sidewalk improvements, including construction and installation of sidewalks, ADA -compliant
ramps, drive and alley approaches and related improvements (the "Improvements"), and paying
costs incidental thereto, including costs associated with the sale and the security of special
improvement district bonds drawn on the District (the `Bonds"), the creation and administration
of the District and the funding of a deposit to the City's Special Improvement District Revolving
Fund (the "Revolving Fund").
Section 2. Notice and Public Hearin. Notice of passage of the Resolution of Intention
was duly published and mailed in all respects in accordance with law, and on June 4, 2019, this
Council conducted a public hearing to hear and pass upon protests against the proposed
Improvements and the creation of the District. The public hearing was held at the first meeting
of the Council following the expiration of the period ended 17 days after the first date of
publication of the notice of passage of the Resolution of Intention (the "Protest Period").
Section 3. Protests. Within the Protest Period, no protests were filed with the City Clerk -
Treasurer by the owners of property in the District subject to assessment for the Improvements,
representing 0% of the total estimated costs of the Improvements and costs incidental thereto to
be assessed against the properties in the District, in accordance with the method of assessment in
the Resolution of Intention.
Section 4. Creation of the District; Insufficiency of Protests. The Council determines
that the protests made by owners in the District to be assessed for the cost of the proposed
Improvements and incidental costs to be financed with the Bonds is not more than 50% of all of
such costs of the Improvements and that the District is hereby created on the terms and
conditions set forth in, and otherwise in accordance with, the Resolution of Intention. The
protests against the creation of the District or the making of the Improvements filed during the
Protest Period are hereby found to be insufficient. The findings and determinations made in the
Resolution of Intention, including, without limitation, those relating to benefits conferred, the
assessment methodology and properties assessed, funding the Revolving Fund and securing the
Bonds thereby, and using the proceeds of the Bonds to pay or reimburse the City for all or a
portion of the costs of the Improvements and costs incidental thereto, are hereby ratified and
confirmed.
PASSED AND ADOPTED by the City Council of the City of Laurel, Montana, this 4th
day of June, 2019.
Attest:
City Clerk -T e re
2
Mayor