HomeMy WebLinkAboutValley West Street.pdf111111111111I11 1111112027878 .Pag.: 1 of 10
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Sh.ll.y Vano.-Gallatin Co MT MISC 60,00
VALLEY WEST PAYBACK AGREEMENT FOR STREET IMPROVEMENTS
THIS AGREEMENT, made and entered into this L day of January SSa
by and between the CITY OF BOZEMAN, a municipal corporation, organized underthe laws
of the State of Montana, ("City"), and VALLEY WEST, LLC, ("Developer").
WHEREAS, the City owns and operates a street system within its corporate limits; and
WHEREAS, Developer has constructed street improvements to said system more
particularly described on Exhibit" A" and entitled "Valley West Service Area Boundary for
Street Improvements" attached hereto and incorporated herein by this reference, which
improvements are capable ofserving the tracts described and shown on Exhibit "B" and entitled
Valley West Payback Boundary for Street Improvements", attached hereto and incorporated
herein by this reference; and
WHEREAS, the service area described in Exhibit "A" is hereinafter referred to as the
Service Area Boundary" and the service areadescribed in Exhibit "B" is hereinafterreferred to
as the "Payback Boundary Area";and
WHEREAS, the street improvements in the Service Area Boundary that are also
located in the Payback Boundary Area are more particularly depicted and described in Exhibit
C",attached hereto and incorporated herein by this reference; and
WHEREAS, the street improvements constituting the extension to said system and
constructed by the Developer and described in Exhibits "A" and "C" (the "Street
Improvements") have been finally accepted by the City for ownership, maintenance, and
operation; and
WHEREAS, the property located within the Payback Boundary Area, lies within the
Service Area Boundary; and
WHEREAS, the property located within the Service Area Boundary and within the
Payback Boundary Area, are specifically benefitted from and by the Street Improvements; and
WHEREAS, the property located the Payback Boundary Area is hereinafter referred
to as the "Benefitted Properties"; and
WHEREAS, the cost incurred in connection with the construction of the Street
Improvements are delineated in Exhibit "D" and attached hereto and incorporated herein by this
reference; and
WHEREAS, the Benefitted Properties did not participate in the original cost of
construction of the Street Improvements; and
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Shelley Vance-Gallatin Co MT MISC 60,00
WHEREAS, the City has purchased a portion of the Street Improvements located
within the Service Area Boundary, but outside the Payback Area Boundary, which purchase
was financed through SID # 666; and
WHEREAS, the Developer has transferred to the City that portion of the Street
Improvements contained within Payback Boundary Area; and
WHEREAS, the parties agree that the City, at its discretion, may charge and collect a
fair pro rata share of the costs incurred in connection with the construction of the Street
Improvements from each ofthe Benefitted Properties as those properties annex into the City.
This charge will be known as a Payback Charge and shall be the sole source of funds to be
used by the City to reimburse the Developer for the Street hnprovements located within the
Payback Boundary Area;
NOW, THEREFORE, in consideration ofthe conveyance to the City of the Street
Improvements, and the mutual covenants contained herein, it is agreed by and between the City
and Developer as follows:
l. The Developer agrees and certifies that the Street Improvements have been
constructed and installed in accordance with the requirements of the City. The City, by its
acceptance of the Street Improvements, agrees that the Street Improvements have met the
requirements of the City. The Developer further agrees to convey to the City good
unencumbered title to the Street hnprovements and secure or grant any necessary easements to
the City for said Street hnprovements. The City hereby agrees to accept said Street
hnprovements and easements for maintenance as part of its street system.
2. The Developer has submitted to the City itemized invoices for labor, material,
engineering, and other costs associated with the construction and installation of the Street
Improvements, that have not been reimbursed by SID # 666, (hereinafter "Improvement
Costs"). The Improvement Costs are delineated in Exhibit "D". The Developer does hereby
certify that the hnprovement Costs are directly and solely attributed to the construction and
installation of the Street hnprovements.
3. The Developer has submitted an as-built set ofplans togetherwith his professional
engineer's certification that the project in which the Street Improvements were constructed was
completed in accordance with the applicable laws, rules and regulations.
4. Whenever a Benefitted Property annexes to the City, the City may, in its
discretion, assess a payback charge to the party applying for annexation or the owner of the
affected property. The payback charge shall be a pro rata share of the Improvement Costs
based upon the sum of$2,900.04 per gross acre, the "Payback Charge" shall be the product
PAVBACK AGREEMENT RE: STREET IMPROVEMF-NTS 2
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SMelley Vanoe-Gallatin Co MT MISC 60,00
ofthe number of gross acres involved in the annexation multiplied times $2,900.04. In the
event the City elects to assess such property a Payback Charge, the City agrees to co1lect the
same from the party applying for annexation or the owner ofthe property to be annexed. The
sum of$2,900.04 per gross acre shall be conclusively presumed to be a fair pro rata charge
per gross acre against the Benefitted Property and wi1l be in addition to the usual and normal
charges made by the City.
5. Within thirty (30) days of receipt of Payback Charge, the City will send to the
Developer (i) the funds collected minus a seven percent (7%) administrative fee to be retained
by the City and (ii) a written accounting ofsuch funds, reflecting the 7% administration fee and
identifying the portion of the Benefitted Property annexed. The seven percent (7%)
administrative fee discussed herein in shall be in addition to the Improvement Costs. The funds
and accounting sha1l be sent to the Developer's agent, as designated below, unless otherwise
changed by the Developer in writing The Citywill not permit any extensions orconnections to
the Street Improvements without the prior payment ofthe Payback Charge or without the full
knowledge and approval of the City. If, for whatever reason, the City fails to collect the
Payback Charge, the City sha1l not be liable to the Developer for such failure.
6. It is agreed that this agreement shall continue until Developer has recovered one
hundred percent (100%) of the Improvement Costs, or upon the expiration nineteen (19) years,
whichever occurs first. This Agreement shall be deemed terminated and of no further force and
effect on the nineteenth anniversary of this Agreement. Failure of the City to recover the
Payback Charge shall neither create a liability on the part of the City nor extend the Agreement
beyond the period specified herein.
7. This Agreement has no effect on City charges for utility connections or impact fees.
The City may connect, free ofcharge, to the Street Improvements and such connections shall
not constitute grounds for reimbursement.
8. The Developer hereby agrees to release, indemnify, defend, and hold the City, its
agents, officers, and employees harmless from and against any suit, cause ofaction, claim, cost,
expenses, obligation, and liability of any character, including attorney's fees, which may be
brought by a third party against the City arising out or related to the assessment and collection
ofthe Payback Charge in accordance with this Agreement, including but not limited to claims
related to an error in calculation of proportionate cost or Payback Charge, defects in the
construction ofthe Street Improvements, and errors in making a determination that the property
or portion thereof assessed with a Payback Charge is or is not benefitted by said Street
Improvements. Prior to the imposition ofthe Developer's obligations in this paragraph, the City
shall provide Developer with written notice that a third party has made a claim against the City,
its agents, officers or employees. The notice shall include a request for a tender of defense
pursuant to this paragraph. Such notices shall be sent to:
PAYBACK AGREEMENT RE: STREET IMPROVEMENTS 3
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Shelley Vlnoe-Gallatin Co MT MISC 60,00
Valley West, LLC
Att: Gerald Wing
1240 Bennett Lane
Calistoga, CA 94515
with a copy to:
John M. Kauffman, Esq.
Kasting, Combs & Kauffman, P.c.
716 S. 20th Ave. Suite 101
Bozeman, MT 59718
9. Developer shall not assign any right or obligation hereunder in whole or in part,
without prior written consent of the City, which shall not be unreasonably witlilield..
10. Any amendments ormodifications to this Agreement or any provision herein shall
be made in writing and executed in the same manner as the original document.
11. This agreement shall be interpreted according to the laws ofthe State ofMontana.
Venue in any dispute arising from this agreement shall be in the Eighteenth Judicial District,
Gallatin County, Montana.
12. The undersigned for the Developer acknowledges and certifies that he has the
authority to execute this Agreement on behalf of the Developer.
13. The undersigned for the City acknowledges and certifies that he/she has the
authority to execute this Agreement on behalf of the City.
14. This Agreement may be extended by the mutual written consent ofthe parties
through their authorized representatives.
15. The Developer may terminate this Agreement after providing the City with a
written notice of its intent to do so 30 days prior to the date of termination.
PAYBACK AGREEMENT RE: STREET IMPROVEMENTS 4
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Shelley VanQe-Gallat1n Co MT MISC 60,00
IN WITNESS WHEREOF the Parties hereto have executed this instrument the day
and year first above written.
DEVELOPER: VALLEY WEST, LLC
CITY OF BOZEMAN:
By:---~~
Clark V. Johnson, City Manager
ATTEST:
G1L y~~
Robin L. Sullivan, Clerk ofCommission
PAYBACK AGREEMENT RE: STREET IMPROVEMENTS 5
J
1111111111111I11111I11 ~~~?:~:?~,Shelley Vance-Gallatin Cc MT MISC 60,00
STATE OF MONTANA
County oC)-ldl)~l!2J1:"-'
ss.
On this )~)I) lit
day of/ti2:t't;;lfl~:(~2000 before me, the undersigned, a Notary
Public for the State of Montana, appeared JERRY WING known to me to be the
Managing Member of Valley West, LLC and the person whose name is subscribed to the
within instrument, acknowledged to me that he executed the within instrument for and on
behalf of Valley West.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial
Seal the day and year first above written.
7
EAL)
1/"
I -t r ~~
u/",/~rc.- ,_LcJJL~~/~~E
Notary Public ,f9l the State of~ntana .' . <._r
ROd. .' 'J, ,? . .... "".1(.. h
fl4,1/I"', . eSl 109 at--?' 2-'-;.Tt:;7?j2j?,( <,"r._~Z:4~"i:7/ (i::2~::,,'''-_..
My Commission Expires_c?-i.
f//~ /
0 '0;:
1-
STATE OF MONTANA
ss.
County of Gallatin
4t)(J/
On this ~~ day of before me, the
undersigned, a Notary Public for the te of Mo na, personally appeared CLARK V.
JOHNSON and ROBIN L. SULLI known to me to be the City Manager and Clerk
of Commission, respectively, of the City of Bozeman and the persons whose names are
subscribed to the within instrument, and acknowledged to me that they executed the same
for and on behalf of the City of Bozeman.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial
Seal the day and year first above written.
SEAL)
otary Public for the State
Residing at Bozeman
My Commission Expires, ~ -:J"J/'--{J..):
PAYHACK AGREEMENT RE: STREET IMPROVEMENTS 6
EXHIBIT A - VALLEY WEST SERVICE AREA BOUNDARY FOR STREET IMPROVEMENTS
Valley West Service Area Boundarf for Street Improvements
The Legol Description of the Valley West Service Area Boundary tor Stieet Improvements is as follows:
A Tract of La nd located in portions of Sections 3, 9 and 10, Township 2 Sout", Range 5 East, P,M,M., City of Boze'Tlon, Montana, being
more partieularly describeo os lollows: I
UN:::: TABLE
UN::: BE.A.';;;-_NG I LE~~CTH Commencing at the northeast corner of said Section g, also being the northwest corner of said Section 10, and Tr'Je Point of Beginning;L5! 590' DC 'oaRw 85.00'
L6 S::::{I'2.E!'03"Wi 4':12.09' Thence olong the Wesf iine of Section 3, North 00'47'00"Eosf a disto~ce of 850.00 teet;L7 SE!-g"Sl'08"W; 288.4B' Thence South 89'59'25" East a distance at 2638,62 feet; IL876"01:;'44"1'.'1 41 .L-~'
LS 589"51 '08"WI 459.oe'
l r
Thence South 89059'25" East a distance 01 804,96 feet;
LlC- S75'54'35"W! 41.1C' Thence South 00047'00" West a distance of 849,93 leet, to the Nortr_ line of said Section 10;L1' E!-g'59 '42"y,' 174.50=' Thence along said North line of Section 10, North 8g059' 42" West 0 distance of 174.95 feet;
Thence leaving said North line 01 Section 10, South 00028'03" West 0 distance of 2265,00 feet;
I I Thence South 90000'00" West a distance of 85.00 teet;
Thence South 00'28'03" West a distance of 402.09 leet;
I Thence North 89"49 '50" West a distonce 01 545,00 feet, to the Center 1/4 corner of said Section 10;
I I
Thence along the North -South mid -section line at said Section 1 G, Sputh 00'28'03" West 0 distance of 1228,37 feet;
Thence North 90"00'00" West a distance ot 1355,39 feet;
wr /2, sw1/4- Section J
Thence South 00'00'00" West a distance of 1328.63 feet, to the Nor~ right-of-woy of Highway 191;
I Thence through the following five (5) courses along soid North right- of-way of Highway 191;Certilicate Ol S!"......ey
j11392 1) Thence South 89'51 '08" West a distance of 288.48 feet;
Mrs. cric An derso{1 2) Thence North 76"06'44" West a distance of 41.23 teet;25.7.5 TClII.LAO'lE5 Cc"2~.a;} ,o,sSE'SSI.I!ilE ACRES 3) Thence South 89051 '08" West a distance of 459.86 feet;S8g':. '25~-E 5.99'59'25"E 4) Thence South 75054'38" West a distance of 41.10 feet;263 ,ot 1/2. WI/2, and 804-.96'
P.O.B. W)/2. W!/2, S<1/4, 5) Thence South 89026' 15" West a distonce of 1823.64 feet;
Section 3 ,'.eSS Minor
SlJbdivisic.'1 1253 Thence leaving said North right-of-way of Highwoy 191, North 0'40'15" East 0 distance of 2557,04 feet;Certit.=cote Of Su..........ey
jfJ02 Thence North 01'02' 11" Eosl a distance of 1340.70 feet;
Dr; !..."!jias L Of1Ci?; Smith Thence South 89019'43" West 0 distance of 669.96 feet;190~5~/
W 2B.I0TQTAL.oIrCRES
205.elAS5=::SSAel..Eol.CRES Thence North 01'02' 11" Eos\ a distance of 289.84 teet;S9"4-7'O.c,.~VN Thence North 24'35'59" Eosl a dislonce of 437.25 teet;DURST-:JNr.:;;C". I E1~6_M' !II rlif,'co e
Of Survey Thence North 01'02'11" Eost a distance of 659.22 teet, to the North line of soid Section g;Ic,.-t'i""'. Of Sue," l" Cert'i.',"'e Oi Surv,y j y" 1!829 Thence along said North line of Sectian g, North 89'47'04" East a di~tance 01 1816.88 feet, to the True Point of Beginning.j"1005C .::~ IlOO5C TlMCT B LGnd DaCJJmen!ed 011 S{)~ciOI Piat
CertfficQte Of Survey TRACT 2.4 8' 0; T.'?..4CT ..14 Herlj~oge 50/4, Section J
I; 005B BURNT LE.4THD? :.... t2 VALLEY WfST L
Leu
Christian Ce,.-t,:ficoIe Of Sur,,-ey Containing 558 acres, more ar less, along with ond subject ta exislinll easements, rights-ol-way ond park dedicalion,5730 lOf"L lr,C';FS I '
rRACT 1 RANCH i,'y'C. ~ 35' ASSESSIB...E M:,RES I School 11302360RA,\'Ch' Co.RP lHiO TDTAL ACRES
00' R/~~ ~ Ce-t'!<cQie Of Su"",y
1J.OO TOTAL ACRES ean I..e...,:s 50%"12.114 ,l,SSESSABLE1--29 TOTAL N:RES RES McDor'-'Jld [Groa Co. Urnited
Partners/; ip 50X
p" 1985 U.:5 TIIT,I",. ol.CRES
0"
toN" 60' R!W Montano p{Jwer Co.
Ce';;~:; '
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CO' 8
L 7o!1 ASSES'io'BlI JV:;R('S
5.E2TOT.IL.N::R::S-
N:)1 'o2'~ 1 ~E
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5.OC-ASSES'SA6...I.-::::RES
289.84' iOO!i 8 ;
SE!-9' 19' 43 ~ Parcel A-! l4 reerr,,'""t. Of
669.9E Volley West U,,' Suntey7_~1 roTAL.Io:::RE'S
I
7.J5 ASSES"SAa.E N::R 161Q
Il!
NACT A
Dertilicate Of Survey THe VECTO.9
Gl?OUP LLC.
w Ce_rtif,'cGte. 0.' Su.....i!y IID05B 37.7BTOTAl ACFlESIID05BIrRACT5J.5e- .......""SE5SolBli: Ao:::RE5
mAC! 4 I Valley West LL C. U>0 VALl.EY WEST LL.C. o~ I.:5E_17TOT.IL.oI\CRESiO.45T-:)Tol,L,IICfIES
5e_;fil ASSESSA1llE ACRES lL5.~7 A.SSESSAB...f ACRES
L"
I0"
IF~t/W
I
il., E!9. 49' 50~W 3
VN 545..::10' 0
0)/ ford T r,;st 50% I
U" De,'Qney &- CO. Inc. 50% G)
A Portion of ,0,;[ 1/4, 2(1..:5~ TOTII,l ACIiES17.77ASSE5'501Bli:~ESSE1/4, Sectio.r; 9,
Certif,:{;(Jt.e Of SlJrllfJ.Y 8~
c; 1005 CenifiCQIe Of Survey # 1872No.rrtc,!j R{Jrl-ch Inc. Trod 8 1::: :;'-.I 3E12-n:r.,IL,l,CR:::S rilelJoel W. De,'of1ey38.9B ASSE:SSAELE: N::RES K" nR" T" Ileana lrldrelo{"ld 0w96.s..!IOCT./IJ....:::RES
0 S-4-.'34olSS[SSAt!LEol.CHES 355.85 ACRES 11'1 SERVICE olREA ~,l,~ (KIJNDARY I
N90'OC-'OC"W 31355.39'
Ce.rtlficote Of S !,..'rvey N:)TE: U>
A Pon':or; of SEI/4. SEI/4, n1846Tra.-;t 2 LlITTERS ON INC:\iIDUAL PROPERTIES PRUilCE CDRRi:L~ TIONS6-:::tiOtJ .9 Michael W. Deloney & B~T\I'EEN THIS 30UNOARY EXHI:3IT AND ThE AP?L1CA3LECe.rUliCQIe at S'--'Ney #!. C05 eonQ fnd,~eIQnd
Pan~d':9.'TJ Properties t'. 15'_5I!lTOl"'J.,o,cRt-S ASSESSMENT SPREAOSHEET.7.5~ TOTolL ACRES 8:2 9_23 ,l,SSESSAa...E ACW-'S
m7 ~~ _1ISS['SSJ.&Lr oIC'iI::S g~ s
Cerl;ficate Ol SIJNe./ HIS IS A GR~PH ICA_ REPRESENTMION OF PRG PER" is:.A" 1845 T.~Qd 1 BJUNDARIES CGMPILi:C OF INFORM.ATICN CrSTA, NED F,~C!~ s
R&D Ho,'ding co UISTING PLoTS ANO CERTFICATES OF SJRVEY CN "ILE .t.T N19.6.:5roTALol.CRES
TiE GALLATiN COUNTY CCURTHOUSE, HE INFCRMATIONs: oIS"'...E55AELE .ll:1l'!::-S
So9'26'~ 5~W L9 I...e L7 G~ES NO- REPRi:Si:NT A ~EGAL SURVEY CF ~HESE GIS82.3-.64' to--BOUNOA~IES OR PROPERTIES, N
go......
1/4 s,e, CD
cBJMORRISON
RANGE G ......
c-- y--t~IERLE,bc. U> CDo::bK;Ia...l D
L...,,'j~-"""''''_If"..:'l1 I~m--ff." ...,...~,." FRINCI?AL M'::;;:IDL'::"~,-. MONTt.:'~~
C;RJ.PHJCSCJJ.E
I
FRGJECT r--fj; 288:..004 GALLA"lt... COU'HY, MONTp,'M_25D 0 12~ 25(1
It- - -- ...... I
Dr:F"l:LT) EL-J '.....-OR-~=- DATE:: 1 i I~ 6/[-:) FL-JTiED DATE~ ,",,0"'/' 6/2.C::)0Liaclll",~ t\. J':;;A~T\ EY:~ SC.~.L-::: , ":500:::'PRIOR TO REDUCTION) DRA'~'NG NM.1E:: H-\Z!!>!!5\OO~-y..c.o.::.\E:XHIBIT\S':reel.C:.~
O-,C:C-:<EC E1Y:~ CIE:NT: S'-It:ET ~ OF ----1-
EXHIBIT B - VALLEY WEST PAYBACK BOUNDARY FOR STREET IMPROVEMENTS
Valley West Payback Bacnoary for Sfreet Improvements
The Legal Description of the Valley West PaybacK Bo~rdary far Street Improvements is os follows:
LINE: TABLE
A Tract of Lond loeeled in portions of Sections 3 aep 10, Township 2 South, Ronge 5 East, P.M.M" City cfUN::: BEN< ING LENGTH
cl E!-9'!:.9'25~wj 45.01" Bazeman, Montano, being more particularly described os follows:
2; N01"06'{I,g.E; 406.0{:'
w; reg': 9 '25 ~w ~ liOO. DC , Commencing ot the southwest corner of seid Section 3, olso bei~g the ~orthwest corner of said Section 10, andL4SC,' C6 '08"Wi 408,00' True Point of Beginning;J ( I!!39':-3'42."wl t74.-9S'
Thence along the West line of said Section 3, North 00'47'00" East Co distance of 850.00 feet;
Thence leaving said West line or Section 3, South 89'59'25" East 0 distcnce of 2638.62 feet;
Thence South 89'59'25" East c d,stance of 804,96 feet;
Thence South 00'47'00" West a distance of 849,93 feet, to the North line of said Section 10;
Thence along said North line of Section 10, North 89' 59' 42" West a distance of 174.95 feet;
Thence continuing along said North line of Section 10, North 89'59'42" West a distance of 630,01 feet. to the North
1/4 corner of said Seelion 10;
Thence continuin9 along said North line oi Section 1?, North 89'29'25" West 0 distance of 738,56 feet.
I
Thence leaving said North line of Section 10, South ~O'l0'31" East a distance at 881.78 feet;
Thence South 88'30'24" West a distonce of 639.07 f~et;
I
Thence Narth 00'09'34" East a distance of 898.54 f~et, to said North line of Section 10;
WI/2, SW1/4 Section J Thence along said North line of Section 10, North 8<1'59'25" West a distance or 621.40 feet;Ceft.~f1cote Of St.."ro.-ey I Thence leaving said North line of Section 10. Scuth 01'06'08" West Q distance of 408.00 feet;130'2
M,s. E ~ic Ande_rson Thence North 89'59'25" West a d,stance of 600,00 ftet;25_75TOT.......~
cc" Thence North 01'06'08" East a distance af 408_00 f!et, to said Narth line of Section2J.&J ASSESSABLE ......"'RES 10;
SB9'5 '2S"E Thence along said North line of Section 10, North 89'59'25" West a distance of 45.01 feet, to the True Point 01
p,e.B.
263 ,62' Beginning.
Containing 84 acres, more or less, along with and subject to existing easements, rights -af-woy and park dedication.
r9D~t/W
DUR5TON ;;:0. fJrtifico e
Cert_.Hr::Gt~ Of Survey I
Of Survey ICertificateOfSUrv€ w "y" /1829
JlO05C
I
1OOSC ond Oocumenfed Gn Special P,'at,
I
Certificate Of SLJ......ey rRACi 2A TRACT JA SEY/4, S~c!i{Jn J
10058 8URNT LE4 THD'i' VALLEY WE"sr U, c.
J 1; :g Christian 0; . C~rt':ficate Of Si.lrvcey
WACT 1 PAIo.'Ch' 1,t.,'C.
7_JO TW.......~ o co Schao,' - 13025~.gg ASSESs.o.Bl.E ,o,c~s- z 1J.OOT::rrALACfIES Jeor'! Le ...is 50%360 RANCH CORP
l
12.34 ASSE:S:S./I.8LE41.2STDT.......ol,CR(5
W ":o,;;,~ ~
c.., 'V
McDo.r"JG,'d Land Co. LimitedCertificateOfSurveySaS30.24 'Ii Partnersh.p 50%
I 985
I
p" 639,07' I
293TCT-'L,l,(:RF2S
Q. Montana Power"' Co. 2_7.(1 AS'SESSAalE ACRES
5.62 n:lT.lr.l ACRES GG"oo ,lSS[SSolBLE /It:.R!'3 Survey
1-0058 .
r"" I arcel A- 1 I ce,';"'o'e 01NIVolleyWestL. L _ C_I " Survey
C;~'~~;
111
1)610
I c "".i.r;," Ie Of Su,""y I 9Acr A
iHe ~'CCroRCed,'f,'cote Of Survey
JI '~'
H"110058 J7.7HT(:.T.l.LACAfSj1OQ5BITf?ACT 5 JJ.~BoIS'SES'S.llJ3L1:~TRACT 4 Vo.'ley West LLC
I VALLEY WEST LLC, .' . lJEi.L7,c-r'J..ltC~
I · ''";':~""'''II
1l5.47olS5ESS'a..E,l,:::.:lES
L" II
I'
OxfQrd Tn.'s~ 50.%
U" Delaney & CO. lroc. 5C%
A Port/Of' of Nf ;/4, 0.3:5 "'CTAL ACRES
SE1/4, Section 9, 17.J7...ssE5S1o9...E,o,cRES
CerlJlicoIe Of S LJr...ey
11005 Certificate Of SlIrvey 1"1872NortonRanch ,'nc. Tract BoItO.e:2"'rC-III.L.....""'RES Michae,' W. De.lar; ey9.(IAS-'5~_oI,Cl<ES
T" l.'f;,ana Ind,~e.'r1nd
e.9! TOT..... _II,C~ES
54 ASSESSAS:.E ACRES
55.195 ,l,CRES IN S.:.D. e-JJ"IJAR"
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CerlHicoie Ol Sl..'rllf:Y LETT~RS ON INOIVIDUAL PROPERTIES PROV DE CDRRELA.~IOI~A .Portion .sf SD/4, SE'i/4, 1846 Trad 2 BETV!EN THIS BOUNGARY EXHIBiT ANO THE APPLlUBLESecli::::-n 9 MichGel W. Delaney ok SS:rsSMENT SPREADSHEET,CE.!7:.if,'cale of S!..l....vey 11005 llecno ,'ndn=,lalid IP<;;;md;qm Pr:,pe,rties 3.~ T0folL ACRES
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Certificate ()f S,!,J..,...ey OXSTING PLATS ANO CERTIFIOATES OF SURVEY ON FILE AT11846Tra--:;/ 1 THE.GALLATIN COUNTY CO\! RT1-'CUSE, HeE INFORMA,,:CN9&D Ho,'-ding co.
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FRG~IECT !t-.:O: 288-5.0C4 MC:--.JTANA. Dl_J2~ ,2~ 1-:00
DATE: 1. /j 5/00OtYEL":') F:EL-J 'r'''G~K=---- PL:]TTEG C.~.TE: No-...-/l €/2.0-:.:)1 m~h ~ 500 !t..
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CHEC "E::) BY: G~'S CUENT: SHEET 1 OF
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J EXHIBIT C - VALLEY WEST STREET IMPROVEMENTS
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t..~J5 2;;.o:s.y.J 1(lO(Jo ~ PROJECl NO: 2865.00-4 CAlLATlN C~Nry, ~ONTA~AI ,..<11II...:"IN nxr) FlELD WOR<,- OATE, 07/13/00 Plomo DATE, Cd/30/2JOO1b><h - Looo fl ~~ ORA'"," BY, C!Q/KW SCAL[, ,'= 1 C(lO' ORA"'NG NA~;:, ",\''''\''''''''''''\EX~,"""""PA.,
CHECKED BY, G...IS CUENT' S:--lEET , or ,
EXHIBIT D
Valley West, Bozeman, MT: STREET IMPROVEMENTS
Project Cost Breakdown for Service Area Reimbursement Total Assessable Area: 517.26 Acres
12-May-00 22,531,845.60 Squai'e Feet
Reimbursible Project Costs
50,124.00 MMI Design
48,842.83 MMI Construction Observation/Certification
3,514.58 Construction Permits
14,100.73 Gravel Mining Permit
1,277,058.72 Utility Construction - Sime Construction
5,680.58 Reimbursement Documentation and SID preparation
1 ,399,321.44 Total Constru ctio n and I ncidentals
SID Assessable Costs: Total Assessable SID Area: 438.84 Acres
42,524.87 MMI Design 19,115,870.40 Square Feet
41,437,94 MMI Construction Observation/Certification II>
2,981.74 Construction Permits J
11 ,962.97 Gravel Min ing Permit
1,083,448.26 Util ity Constructio n - Sime Construction
4,819.37 Reimbursement Docu mentatio nand SID prepa ration
II
0
1,187,175.15 Total Construction and Incidentals I
10,300.00
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Bond counsel, advertising II
30,724.85 Bond Discount II
66,750.00 5% Revolving Fund Fee
40,050.00 3% Administration Fee 0
1,335,000.00 TOTAL UsE BOND AMOUNT = 1,335,000.00 3I
3
III
Payback Assessable Costs: Total Assessable Payback Area: 78.42 Acres
7,599.13 MMl Design 3,415,975.20 Square Feet
7,404,89 MM I Construction Observation/Certification lJ>
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532.83 Construction Permits GG
2,137.76 Gravel Mining Permit N
193,610.46 Utility Construction - Sime Construction 1 S
861.21 Rei mbu rsement Documentation N
212,146.28 Total Construction and Incidenta Is g G......
15,274.53 7.2% Administration Fee
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9......
227,420.82 TOTAL
lJ1 C>>D