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HomeMy WebLinkAbout17- Improvements Agreement - J&D Family Limited Partnership - Phase 2 of the J&D Family Subdivision (Landscape & Storm Water Improvements) j-610 Send Original to: City of Bozeman Department of Community Development P.O.Box 1230 PLATTED Bozeman,AIT 59771 2591070 Page: 1 of 9 08/29/2017 03:58:46 PM Fee. $63.00 Charlotte Mills - Gallatin County, MT IMP I IIIIIII IIIIII III IIII IIIIIII IIIII IIII IIII IIIII IIIII IIIII IIIIIII III IIIII IIII IIIII IIII IIII IMPROVEMENTS AGREEMENT FOR PHASE 2 OF THE J&D FAMILY SUBDIVISION (LANDSCAPE & STORM WATER IMPROVEMENTS) This AGREEMENT is made and entered into this day of 2017, by and between J&D FAMILY LIMITED PARTNERSHIP, 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. 17071, for the Final Plat application of PHASE 2 OF THE J&D FAMILYSUBDIVISION(1P L � � '- , to subdivide 19.52 acres to create 1 commercial lot, 1 remainder lot, and the remaining area as streets, and WHEREAS, it is the intent and purpose of the Subdivider to obtain Final Plat approval for Phase 2 of the J&D Family Subdivision; and WHEREAS, the Final Plat for the Phase 2 of the J&D Family Subdivision, was filed prior to the installation of all required subdivision improvements and an improvements agreement with financial security was provided; and Phase 2 of the J&D Family Subdivision—Infrastructure Improvements Agreement—A Page 1 of 8 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 Agreement, and of the parties hereto, to satisfy the improvements guarantee requirements for the Final Plat approval of Phase 2 of the J&D Family Subdivision. 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 which are designated and identified as being: Legal Description for Improvements Agreement TRACT OF LAND BEING LOT R-1, OF THE J&D FAMILY MAJOR SUBDIVISION, PLAT J-502, LOCATED IN THE NE1/4 OF THE SEI/4 OF SECTION 9, T2S, RSE, P.M.M., CITY OF BOZEMAN, GALLATIN COUNTY, MONTANA. Metes and Bounds Description Commencing at the east 1/4 corner of Section 9, Thence S54°05'36""W a distance of 75.88 feet to the Point of Beginning. Thence S89°39'23" E a distance of 18.99% Thence S 01°50'19" W a distance of 438.15 feet; Thence N 89°39'23" W a distance of 891.89 feet; Thence S 08°15'55" W a distance of 385.54 feet; Thence S 07°00'20" E a distance of 174.58 feet; Thence S 0091,58" W a distance of 90.89'; Thence S 27°26'08" W a distance of 160.79 feet; Thence S 00°25'50" W a distance of 60.00 feet; Thence N 89°34'10" W a distance of 311.24 feet; Thence N 02°08'35" E a distance of 1332.23 feet; Thence S 89°39'23" E a distance of 432.89 feet'; Thence S 00°44'25" E a distance of 45.00 feet; Thence S 34°36'48" E a distance of 89.27'; Thence S 04°37'53" E a distance of 63.88 feet; Thence S 89°39'23" E a distance of 238.06 feet; Thence N 01°50'19" E a distance of 136.85 feet; Thence S 89°39'23" E a distance of 527.26 feet to the True Point of Beginning, Phase 2 of the J&D Family Subdivision—Infrastructure Improvements Agreement—A Page 2 of 8 Said Tract contains 19.52 acres, more or less, and is subject to all easements of record or apparent on the ground. 2. Improvements This Agreement specifically includes the following improvements for Phase 2 of the J&D Family Subdivision: Public landscaping and storm water improvements. The Estimated Cost of said improvements has been estimated by Genesis Engineering, Inc. at, Eighty-One Thousand, Sixty-Nine Dollars and Sixty Cents. ($81,069.60). The estimate is attached and 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 a letter of credit for$121,604.40 from First Security Bank, acceptable to the City of Bozeman, which is one hundred and fifty (150)percent of the Estimated Cost of said improvements. The Subdivider hereby agrees that the subdivision related improvements shall be installed and completed not later than nine (9) months of the filing of the final subdivision plat for Phase 2 of the J&D Family Subdivision in order to avoid default on the method of security. 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 the Phase 2 of the J&D Family Subdivision. Phase 2 of the J&D Family Subdivision—Infrastructure Improvements Agreement—A Page 3 of 8 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: J&D Family Limited Partnership; at 270 Automotive Ave, Bozeman, MT 59718 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 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. Phase 2 of the J&D Family Subdivision—Infrastructure Improvements Agreement—A Page 4 of 8 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. Phase 2 of the J&D Family Subdivision—Infrastructure Improvements Agreement—A Page 5 of 8 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. Phase 2 of the J&D Family Subdivision—Infrastructure Improvements Agreement—A Page 6 of 8 SUBDIVIDERS C,1 BY: JOE BILLION GENERAL PARTNER OF J&D FAMILY L.P. STATE OF to I ) :ss County of6 I-&' v✓ ) On this jo day of -p— , 2017, before me a Notary Public of the State of MT , personally appeared—Tb•e 3, j\, , known to me to be the person that executed the foregoing Improvements Agreement, and acknowledged to me that he executed the foregoing instrument as General Partner of J&D Family Limited Partnership and acknowledged to me that he executed the same for and on behalf of J&D Family Limited Partnership. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. R JB , LORI A JONES 6 W(SEAL)Notary Public oThriJA : {®F th® Mete of Montana j y A • �U-Y L S Residing at: •SI:r11s,; l3elgrade, Montana (Printed Name Here) 9 My Commission Expires: Notary Public for the State of ►--t-T April 03,2021 Residing at My Commission Expires: 20 A I (Use 4 digits for expiration year) Phase 2 of the J&D Fancily Subdivision—Infrastructure Improvements Agreement—A Page 7 of 8 THE CITY OF BOZEMAN BY ARTIN M SEN, COMMUNITY DEVELOPMENT DIRECTOR CITY OF BOZEMAN STATE OF MONTANA ) :ss County of Gallatin ) On the &V* day of 01AA US , 2017, before me, a Notary Public for the State of Montana, personally appeared artin Matsen, known to me to be the person described in and who executed the foregoing instrument as Community Development Director of the City of Bozeman, whose name is subscribed to the within instrument and acknowledged to me that she 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. (SEAL) S�,�YI,Ov� L �`C;DS�P.K Inn SHANNON L KLOOSTERHOF (Printed Name Here Notary Public Notary Public for the State of Montana <y`,•�QTe1{�/q� for the State of Montana Residing at 13p�eJVYlc�n �.T Residing at: SEAL.;= Bozeman, Montana My Commission Expires: 9rF .M �` My commission Expires: (Use 4 digits for expiration year) ,,.,,, March 17,2021 Please 2 of the J&D Fandly Subdivision—Infrastructure Improvements Agreement—A Page 8 of 8 EXHIBIT"A" PROBABLE COST OF REMAINING IMPROVEMENTS NESTS PHASE 2 OF THE J&D FAMILY MAJOR SUBDIVISION NGINEERING,(NC ....,, 9 Month Date: 06/29/17 a) BLVD.LANDSCAPE IMPROVEMENTS Item Description Quantity Unit Unit Price %Remaining Total 1 BLVD TREES&SOD 1.00 LS $16,350.00 100.00% $16,350.00 2 IRRIGATION SYSTEM 1.00 LS $9,600.00 100.00% $9,600.00 SUBTOTAL $25,950.00 b) STORM IMPROVEMENTS Item Description Quantity Unit Unit Price %Remaining Total 1 18"A-2000 STORM PIPE 518.30 LF $48.00 100.00% $24,878.40 2 24"A-2000 STORM PIPE 128.90 LF $58.00 100.00% $7,476.20 3 48"Storm Manhole 2.00 EA $3,000.00 100.00% $6,000.00 4 36"Storm Inlet 1.00 EA $2,250.00 100.00% $2,250.00 5 60"Storm Manhole 2.00 EA $3,500.00 100,00% $7,000.00 6 Remove&Replace 4"Sidewalk 130.00 SF $9.50 100.00% $1,235.00 7 Remove&Replace Curb&Gutter 20.00 LF $25.00 100.00% $500.00 8 Remove&Replace Road Section 290.00 SF $7.00 100.00% $2,030.00 9 Outlet Structure Modifications 1.00 LS $300.00 100.00% $300.00 10 Outlet Protection 1.00 LS $150.00 100.00% $150.00 11 Re-grade existing pond 75.00 CYDS 4.00 100.00% $300.00 12 Re-grade Regional Pond 500.00 CYDS 6.00 100.00% $3,000.00 SUBTOTAL $55,119.60 ESTIMATED TOTAL $81,069.60 150%OF ESTIMATED TOTAL $ 121,604.40 AMOUNT FINANCIALLY GUARANTEED $ 121,6qL.40JI Approved by City Engineer's Office: H Date: H:\1134\002\DOCS\Final Plat\Improvements Agreement\Opinion of probable cost-1year.xls