HomeMy WebLinkAbout16- Memorandum of Agreement - C. Holt - Bozeman to Bridger Mountains Trail Project o�so PROJECT NAME: BOZEMAN TO
CITY OF BOZEMAN BRIDGER MOUNTAINS TRAIL
* Department of Parks and Recreation TOP Program PROJECT#: FHWA MT DOT 86(1)
` �N8 , PARCEL#:024A
CO.o.
u� MEMORANDUM OF AGREEMENT
MEMORANDUM OF AGREEMENT
AGREEMENT has been reached this 9 A day of R47 2016. between
CAMERON J. HOLT, the owner(s) of a tract of land in the S'/2SWY4NE% f Section 33, Township 1 South,
Range 6 East, M.P.M., Gallatin County, Montana, more particularly described as beginning as a point
which bears N 0° 35' W, a distance of 334.09 feet and S 890 5T W, a distance of 2065.19 feet from the
E%corner of said Section 33, said point being on the north right of way of Bridger Canyon Road FAS370
(10) as now laid out and constructed. Thence S 89' 57' W along said right of way line, a distance of
520.3 feet, thence N 1' 21' W, a distance of 225.3 feet, thence S 89' 59, E, a distance of 472.7 feet,
thence S 13' 16' E, a distance of 230.6 feet to the point of beginning according to survey recorded in
book 152 of deeds, page 488, records of Gallatin County, Montana, according to the official plat thereof
on file and of record in the office of the County Clerk and Recorder of Gallatin County, Montana
hereinafter "seller(s)" and the CITY OF BOZEMAN hereinafter "Purchaser" for the purchase of said
property interest(s). The amount to be paid and other considerations to be given in full satisfaction of this
Agreement are as follows:
Public Use Easement(Parcel 024A): $ 8,650.00
Easement area: 0.183* (acres)
Total $ 8,650.00
*See Figure 1 attached
Other Conditions:
1. Taxes and Special Assessments, if any, delinquent from former years, and Taxes and Special
Assessments for the current year, if due and/or payable, shall be paid by the seller or sellers.
2. This Memorandum embodies the whole Agreement between the parties hereto as it pertains to
the real estate, and there are no promises, terms, conditions or obligations referring to the subject
matter hereof, other than as contained herein.
3. The seller(s) hereby agree(s) that the compensation herein provided to be paid includes full
compensation for their interest and the interests of their life tenants, remaindermen, reversioners,
liens and lessees, and any and all other legal and equitable interest that are or may be
outstanding and said seller(s) agree(s) to discharge the same.
4. THIS AGREEMENT shall be deemed a CONTRACT extending to and binding upon the parties
hereto and upon the respective heirs, devisees, executors, administrators, legal representative,
successors and assigns of the parties, only when the same shall have been approved by the City
Manager on behalf of the Department of Parks and Recreation.
5. The property transfer shall be effective upon acceptance by Purchaser, evidenced by the execution
of this Agreement by the CITY OF BOZEMAN and payment of the purchase price.
Of the total amount of compensation hereinabove agreed upon, the sum of $8,650.00 shall be paid upon
execution and delivery of a good and sufficient: ® Public Use Easement, ❑ Temporary Construction
Easement, and the balance of the compensation, amounting to $ 0.00 shall be paid upon compliance by
CITY OF BOZEMAN PROJECT NAME: BOZEMAN TO BRIDGER MOUNTAINS TRAIL Parcel 024A
PROJECT* FHWA MT DOT 86(1) Page 1 of 3
the seller(s)with the terms hereof.
Disbursement of funds will be made in the following manner:
Seller(s) Amount of Payment
CAMERON J. HOLT $8,650.00
The Seller(s) certify that there are no known hazardous materials on the prope
q.
The terms of this Agreement are understood and assented to by us and payment is to be made in
accordance with the above.
CA ON J. HOLT
i
Date: /
Cameron J. HOLT
CITY OF BOZEMAN
C �o Date:
By: Chris Kukulski
City Manager
ATTEST:
'Deite: S •23 1 b
By. rey Himen- �o C �'B O?44 ? J .
City Clerk
K. �T
CITY OF BOZEMAN PROJECT NAME: BOZEMAN TO BRIDGER MOUNTAINS TRAIL Parcel 024A
PROJECT#:FHWA MT DOT 86(1) Page 2 of 3
CURRENT OWNER:
CAMERON J. HOLT
3691 BRIDGER CANYON ROAD
BOZEMAN MT 59715_
8Y2SWya�NE%aOF� \\\\ `�\\\ .
SEC. 33 T1S R6E
\ EXISTING PROPERTY
\ PARCEL 024A PUE
NEW PUBLIC USE \
\ \
\ EASEMENT
\ \ `• C`\
V
TRAIL CENTERLINE EXISTING EASEMENT
BRIDGER CANYON ROAD
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RM LEGEND
® EXISTING EASEMENT