HomeMy WebLinkAbout17- Improvements Agreement - Norton Properties, LLC - Norton East Ranch Subdivision, Phase 3C (Sidewalk Improvements) -606
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City of Bozeman
Department of Community Development
P.O.Box 1230
Bozeman,MT 59771
2584262
Page: 1 of 8 06129/2017 03:46:35 PM Fee $56.00
Charlotte Mills - Gallatin County, MT IMP
111111111111111111111 N11111111111 IN 11111111111111111111111111 III 1111111111 IN IN
IMPROVEMENTS AGREEMENT
FOR
NORTON EAST RANCH SUBDIVISION, PHASE 3C
(SIDEWALK IMPROVEMENTS)
THIS AGREEMENT is made and entered into this 1 st day of June,2017,by and between
NORTON PROPERTIES, LLC, 63020 NE LOWER MEADOW DRIVE, SUITE 200; BEND,
OR, 97702, hereinafter called the "Subdivider", and the CITY OF BOZEMAN, a municipal
corporation and political subdivision of the State of Montana,with offices at City Hall, 121 North
Rouse Avenue, P.O. Box 1230, Bozeman, MT 59771-1230,hereinafter called the "City".
WHEREAS, it is the intent and purpose of the Subdivider to meet the conditions of
preliminary plat approval, Planning Application No. P14037, for the Final Plat application of
NORTON EAST RANCH SUBDIVISION, PHASE 3C(17224),to subdivide 15.9452 acres and
create thirty (30) residential lots, four (4) common open space lots, one (1) unimproved lot for
future development, and the remaining areas as public streets; and
WHEREAS,it is the intent and purpose of the Subdivider to obtain Final Plat approval for
NORTON EAST RANCH SUBDIVISION,PHASE 3C, and
WHEREAS, the Final Plat for NORTON EAST RANCH SUBDIVISION, PHASE 3C,
is to be filed prior to the installation of all required subdivision improvements and an
improvements agreement with financial security was provided; and
WHEREAS, it is the intent and purpose of both the Subdivider and the City to hereby
enter into an Agreement which will guarantee the full and satisfactory completion of the required
improvements related with the property hereinafter described; and it is the intent of this
NORTON EAST RANCH SUBDIVISION,PHASE 3C—improvements Agreement for Sidewalks Page 1 of 7
Agreement, and of the parties hereto, to satisfy the improvements guarantee requirements for the
Final Plat approval of NORTON EAST RANCH SUBDIVISION,PHASE 3C.
NOW,THEREFORE, in consideration of the mutual covenants and conditions contained
herein, it is hereby agreed as follows:
1. Property Description
This Agreement pertains to, and includes, those properties that are designated and
identified as being:
LEGAL DESCRIPTION
LOT R3,NORTON EAST RANCH SUBDIVISION, PHASE 3A, ACCORDING TO
THE PLAT THEREOF, ON FILE AND OF RECORD IN THE OFFICE OF THE
CLERK AND RECORDER, GALLATIN COUNTY, MONTANA AND LOCATED IN
THE NE 1/4 OF THE SW I/4 OF SECTION 9, T2S, R5E, P.M.M., CITY OF BOZEMAN,
GALLATIN COUNTY, MONTANA.
2. Improvements
This Agreement specifically includes the following improvements for NORTON EAST
RANCH SUBDIVISION,PHASE 3C: Sidewalk Improvements.
The Estimated Cost of said improvements was estimated by C&H Engineering, 1091
Stoneridge Drive, Bozeman MT 59718,with the estimated cost of improvements being Eighty-
Nine Thousand Nine Hundred Sixty-Four Dollars and Seventy Cents ($89,964.70). The
estimate is attached and hereby made a part of this Agreement, as Exhibit"A".
3. Financial Guarantee, Time for Completion of Improvements, Additional
Restrictions
It is the Subdivider's intent with this Agreement to file the Final Plat prior to completion
of all required subdivision improvements. Therefore, this Agreement shall be secured by an
irrevocable standby letter of credit: Letter of Credit No. 25293 in the amount of $134,947.05
from Washington Trust Bank acceptable to the City of Bozeman, which is one hundred and fifty
(150) percent of the Estimated Cost of said improvements.
NORTON EAST RANCH SUBDIVISION,PHASE 3C—improvements Agreement for Sidewalks Page 2 of 7
The Subdivider hereby agrees that the following subdivision related improvements
shall be installed and completed not later than thirty-six (36) months of the filing of the
final subdivision plat for NORTON EAST RANCH SUBDIVISION, PHASE 3C in order to
avoid default on the method of security: Sidewalk Improvements.
The Subdivider agrees that no delegation of performance required by this agreement shall
relieve the Subdivider of any duty to perform or any liability for the breach of that duty to complete
said subdivision improvements required for NORTON EAST RANCH SUBDIVISION, PHASE
3C.
Upon submission of fully documented invoices for the work performed, said work to be
inspected and certified for payment by Subdivider's professional engineers and the City of
Bozeman and or its agents as necessary,the City of Bozeman may release a portion of the letter of
credit for the work completed by the referenced invoices.
4. Inspection
Representatives of the City shall have the right to enter upon the property at any reasonable
time in order to inspect it and to determine if the Subdivider is in compliance with this Agreement,
and the Subdivider shall permit the City and its representatives to enter upon and inspect the
property at any reasonable time.
5. Default
Time is of the essence of this Agreement. If the Subdivider shall default in or fail to fully
perform any of its obligations in conformance with the time schedule under this Agreement, and
such default or failure shall continue for a period of thirty (30) days after written notice specifying
the default is deposited in the United States mail addressed to the Subdivider at NORTON
PROPERTIES, LLC, 63020 NE LOWER MEADOW DRIVE, SUITE 200; BEND, OR, 97702,
or such other address as the Subdivider shall provide to the City from time to time,without being
completely remedied, satisfied,and discharged,the City may elect to enforce any of the following
specified remedies:
A) The City may,at its option,declare the financial guarantee to be forfeited and secure
the complete construction and inspection of the improvements described herein.
The City's representative, contractors, and engineers shall have the right to enter
NORTON EAST RANCH SUBDIVISION,PHASE 3C—improvements Agreement for Sidewalks Page 3 of 7
upon the property and perform such work and inspection, and the Developer shall
permit and secure any additional permission required to enable them to do so. In
the event that any funds remain from the financial guarantee upon completion of
all improvements, such funds shall be promptly returned to the Subdivider.
B) The City may enforce any other remedy provided by law.
6. Indemnification
The Subdivider hereby expressly agrees to indemnify and hold the City harmless for and
against all claims, costs and liability of every kind and nature, for injury or damage received or
sustained by any person or entity in connection with, or on account of the performance of work at
the development site and elsewhere pursuant to this Agreement. Subdivider further agrees to aid
and defend the City in the event that it is named as a defendant in an action concerning the
performance of work pursuant to this Agreement except where such suit is brought by the
Subdivider. The Subdivider is not an agent or employee of the City.
7. Attorney Fees
In the event it becomes necessary for either party to this Agreement to retain an attorney
to enforce any of the terms or conditions of this Agreement, then the prevailing party shall be
entitled to reasonable attorney's fees and costs,including fees,salary,and costs of in-house counsel
including City Attorney.
8. Warranty
The Subdivider shall warrant against defects of all improvements and that these
improvements are made in a good and workman-like manner for a period of two (2) years from
the date of their written acceptance by the governing body.
9. Governing Law
This Agreement shall be construed according to the laws of the State of Montana. In the
event of litigation concerning this Agreement, venue is in the Eighteenth Judicial District Court,
Gallatin County, State of Montana.
NORTON EAST RANCH SUBDIVISION,PHASE 3C—improvements Agreement for Sidewalks Page 4 of 7
10. Modification or Alterations
No modifications or amendment of this Agreement shall be valid, unless evidenced by a
writing signed by the parties hereto.
11. Invalid Provision
The invalidity or unenforceability of any provision of this Agreement shall not affect the
other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or
unenforceable provision were omitted.
12. No Assignment
It is expressly agreed that the Subdivider shall not assign this Agreement in whole, or in
part, without prior written consent to City.
13. Successors
Except as provided in paragraph twelve(12),this Agreement shall be binding upon,ensure
to the benefit of,and be enforceable by the parties hereto and their respective heirs,successors and
assigns.
14. Filing
The Subdivider shall have this Agreement recorded in the Office of the Gallatin County
Clerk and Recorder within 10 business days of the signature of the Community Development
Director.
NORTON EAST RANCH SUBDIVISION,PHASE 3C—improvements Agreement for Sidewalks Page 5 of 7
SUBDIVI Y
Y:
NOR PROPERTIES, LLC
TITL :
STATE OF )
:ss
County of Q S G �)
On this 21—( day of J lkAc-&, 2017, before me, a Notary Public of the State of
Cve ,personally appearedKey( , �:pev%ce✓ , known to me to be the subdivider that
execut8 the foregoing Improvements Agreement, and acknowledged to me that (s)he executed
the foregoing instrument as k1A per, e-y- of Norton Properties, LLC, and
acknowledged to me that (s)he executed the same for and on behalf of Norton Properties, LLC.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal
the day and year first above written.
(SEAL)
(Printed Name Here)
OFFICIAL STAMP Nota Public for the State of
TWA KAY OAKLEY �' I
NOTARY PUBLIC-OREQON Residing at 2o235
COMMISSION NO,944463 M Commission Expires: It 20
MY COMMISSION EXPIRES NOVEMBER 05,2019 y p
(Use 4 digits for expiration year)
NORTON EAST RANCH SUBDIVISION,PHASE 3C—Improvements Agreement for Sidewalks Page 6 of 7
THE CITY OF BOZEMAN
BY"'MARTIN TSEN,
DIRECTOR OF COMMUNITY DEVELOPMENT
CITY OF BOZEMAN
STATE OF MONTANA )
:ss
County of Gallatin )
On this' day of� j tj E 2017, before me, a Notary Public for the State
of Montana, personally appeared Martin Matsen, known to me to be the person described in and
who executed the foregoing instrument as Director of Community Development for the City of
Bozeman, whose name is subscribed to the within instrument and acknowledged to me that he
executed the same for and on behalf of said City.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal on the day and
year first written above.
;gtAJpgs., AKRISTA .10 ASLIN �L
Notary Public
e•NOTnR/�<;2:for the State of Manta( inted Name Here)
:��:SH�A��• *� Bozomalal Mo ianaTN� tary Public for the State of Montana
?lFOF MO P ` MY Commission Expire8:� siding at QJO?�C v MT
' March 01, 2018
Commission Expires:b�l-
(Use 4 digits for expiration year)
NORTON EAST RANCH SUBDIVISION,PHASE 3C—Improvements Agreement for Sidewalks Page 7 of 7
Exhibit A - Improvements Agreement Estimate
Norton East Ranch Subdivision, Phase 3C
March 13, 2017
Sidewalks
Unit Cost Financial Guarantee
Lot# Length (ft) Width (ft) Area (SF) ($/SF) Total Cost (150%)
Block 3
Lot 9 166.96 5.00 834.80 $ 7.00 $ 5,843.60 $ 8,765.40
Lot 10 57.51 5.00 287.55 $ 7.00 $ 2,012.85 $ 3,019.28
Lot 11 57.51 5.00 287.55 $ 7.00 $ 2,012.85 $ 3,019.28
Lot 12 57.51 5.00 287.55 $ 7.00 $ 2,012.85 $ 3,019.28
Lot 13 50.87 5.00 254.35 $ 7.00 $ 1,780.45 $ 2,670.68
Lot 14 50.87 5.00 254.35 $ 7.00 $ 1,780.45 $ 2,670.68
Lot 15 50.84 5.00 254.20 $ 7.00 $ 1,779.40 $ 2,669.10
Lot 16 165.53 5.00 827.65 $ 7.00 $ 5,793.55 $ 8,690.33
Block 8
Lot 8 164.95 5.00 824.75 $ 7.00 $ 5,773.25 $ 8,659.88
Lot 9 59.51 5.00 297.55 $ 7.00 $ 2,082.85 $ 3,124.28
Lot 10 59.51 5.00 297.55 $ 7.00 $ 2,082.85 $ 3,124.28
Lot 11 59.51 5.00 297.55 $ 7.00 $ 2,082.85 $ 3,124.28
Lot 12 57.07 5.00 285.35 $ 7.00 $ 1,997.45 $ 2,996.18
Lot 13 58.21 5.00 291.05 $ 7.00 $ 2,037.35 $ 3,056.03
Lot 14 164.95 5.00 824.75 $ 7.00 $ 5,773.25 $ 8,659.88
Block 9
Lot 1 165.03 5.00 825.15 $ 7.00 $ 5,776.05 $ 8,664.08
Lot 2 58.21 5.00 291.05 $ 7.00 $ 2,037.35 $ 3,056.03
Lot 3 57.07 5.00 285.35 $ 7.00 $ 1,997.45 $ 2,996.18
Lot 4 59.51 5.00 297.55 $ 7.00 $ 2,082.85 $ 3,124.28
Lot 5 59.51 5.00 297.55 $ 7.00 $ 2,082.85 $ 3,124.28
Lot 6 59.51 5.00 297.55 $ 7.00 $ 2,082.85 $ 3,124.28
Lot 7 165.03 5.00 825.15 $ 7.00 $ 5,776.05 $ 8,664.08
Block 10
Lot 1 158.90 5.00 794.50 $ 7.00 $ 5,561.50 $ 8,342.25
Lot 2 55.59 5.00 277.95 $ 7.00 $ 1,945.65 $ 2,918.48
Lot 3 55.59 5.00 277.95 $ 7.00 $ 1,945.65 $ 2,918.48
Lot 4 55.59 5.00 277.95 $ 7.00 $ 1,945.65 $ 2,918.48
Lot 5 57.51 5.00 287.55 $ 7.00 $ 2,012.85 $ 3,019.28
Lot 6 57.51 5.00 287.55 $ 7.00 $ 2,012.85 $ 3,019.28
Lot 7 57.51 5.00 287.55 $ 7.00 $ 2,012.85 $ 3,019.28
Lot 8 167.04 5.00 835.20 $ 7.00 $ 5,846.40 $ 8,769.60
TOTAL 2,570.42 12,852.10 $ 89,964.70 $ 134,947.05
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