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RESOLUTION NO. 08-1.8707 A RESOLUTION TO EXPAND TIIE BOTINDARIES OF EXTENDED SPECIAL IMPROVEMENT MAINTENANCE DISTRICT NO. 4026 FOR TIIE PURPOSE OF MAINTAINING THE EXISTING AND FUTURE PUBLIC AREA IMPROVEMENTS IN UINTA PÄRK SUBDIVISION TO INCLUDE TWIN OAKS SUBDIVISION. WHEREAS, City Council of Billings, Montana hereby finds, determines and declares that: L The public interest and convenience require expanding the boundaries of Special Improvement Maintenance Dishict No. 4026 created by Resolution 05-18269 on Møy 23, 2005, 2. All lands are benefited and no lands that are not benefited have been included within the All lands within the district will be enhanced in value to the extent of the assessments to be levied upon such lands, and all lands included within the district should be assessed accordingly to pay the cost and expenses of the district. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BILLINGS: l. Jurisdìction and Creatíoz.' Extended Special Improvement Maintenançe District No.4026 is of more than local o¡ ordinary public benefit. The Council has acquired jurisdiction to order the improvements and it does hereby expand the boundaries of Special Improvement Maintenance District No. 4026, All lands included in the expanded boundaries of Extended Special Improvement Maintenance District No. 4026 are benefitçd and no lands that are not benefited have been includcd in said district. 2. General Character of Improvements and Maintenance: The general character of the improvements to be maintained is as follows: native grasses, trees, shrubs, trails, irrigation system, irrigation system water services, drainageways, groundwater drains, storm detention facilities, weed control, pest control, and other park equipment and public area improvements installed by the developer, Parks Department and/or as part of a future Special lmprovement Dishict. 3. Boundaries.' The boundaries of the district are described and designated on Exhibit attached hereto. 4. Maintenqnce Estimate: The estimated cost of the proposed expansion maintenance for the current year shall be $208.09 per lot as described in the Maintenance Estimate attached hereto as Exhibit 5. Assessment Method: All of the costs and expenses of the district will be assessed against the entire district, and each eligible lot or parcel of land within the district will be assessed for that part of the whole cost which its assessable area bears to the total assessable area in the entire district, exclusive of streets, avenues, alleys and public places. Said properties shall not be eligible for assessment until such time as the final plat of the property is filed and the Restrictions on Transfers and Conveyances are lifted. Assessments for each lot during the current year will be approximately $208.09 per lot. In accordance with 7-1-1479 MCA, the assessment for each lot in each ensuing year will be set by the City Council by resolution. 6. Payment of Assessment; The assessments for all maintenance and costs of the district shall be paid in equal annual installments, provided that the payment of one-half of said annual assessment may be deferred to May 31 of the year following the assessment, All money derived from the collection of said assessments otherwise shall constitute the existing fund known as Fund of Special Improvement Maintenance District No. 4026. 7. Bonds for Improvementsr There will be no bonds sold for this district as it is for maintenance only. 8. Engineering.' No engineerìng will be required for the maintenance of the district. 9. Dislrict Accounts: The Director of Finance is hereby authorized and directed to establish the necessary accounts to govern the receiving ofall revenues and the expenditures ofthe same district. ---PAGE BREAK--- PASSED AND ADOPTED by the City Council of the City of Billings, Montana and APPROVED, this l2* day of May,2008. THE CITY OF BILLINGS: B Ron Tussing, Mayor ATTEST: 0t ti VYtt¡n) Cari Martin, City Clerk ---PAGE BREAK--- EXIIIBIT A ---PAGE BREAK--- 1. EXHIBIT B ESTIMATE OF PROBABLE COST P'ARK MAINTENANCE DISTRICT NO. 4026 Uinta Park Subdivision to inolude Twin Oaks Suþdivision PARK MAiNTENANCE DISTRICT The costs to create the mäintenance district are estimated to be $500.00. The City Parks and Recreation Department estimates the maintenance of the improvements fot the first year at $.lO,94S.O0. The first year's assessment is est¡mated as follôws: OF BILLINGS. EXPANDED PARKffi ESTIMATE OF ANNUAL MAINTENANCE èOSTS Expanded Description: Ulnta park and Twln eaks Subdivlsions Number:. 4026 2lî1200s 50 lcround Ànahtenàncê 39 65 lottrer,Service/FfnenceCharg€S Total Tw¡n Oaks Subdiylsion park O & M Annúal Cost Est¡màte $ 180.00 $ 3,500.00 $ 950.00 $ 715;00 $ 4400,00 $ 1,200.00 $ {0,945.00