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HomeMy WebLinkAbout15 - Bozeman Parking Commission and Imperial 400, LLC - 136 West Main Street t AFTER RECORDING PLEASE RETURN TO. Thomas Thorpe Parking Manager,City of Bozeman PO Box 1230 Bozeman,MT 59771-1230 CPg e: 1 ®r 7 06123/2016 W33,46 AM F® $as.®o Otte Mills -1111311311111I 111111113111111111�111111 III 1111 ��� III!II II IlJ l MIsC BOZEMAN PARKING COMMISSION co Ar2REEMENI EQR ME USE OF PARKING §PAQ9S, IN-Rig OD THIS entered into this 1 thday of December 216 by and between the BOZEMAN PARKING COMMISSION, an entity of the City of Bozeman, Montana, created pursuant to City of Bozeman Resolutions 1676, 1839, and 3803 and formed under the laws of the State of Montana, with a mailing address of PO Box 1230, Bozeman, MT 59771 (the "Parking Commission") Imperial 400, LLC (hereinafter the "Leasee"), with an address of 136 West Main Street, Bozeman, MT and a mailing address of 33 North Black Avenue, Bozeman, MT 59715. WHEREAS, the City of Bozeman is the recipient of a Congressional appropriation dedicated to the construction of the Bridger Park Downtown Intermodal Facility ( rier Park); and WHEREAS, the Parking Commission is the entity charged with the regulation of parking in the City of Bozeman and is authorized by law to enter into lease and rental agreements for the long term use of the Bridger Park. NOW THEREFORE, in consideration of the mutual promises and consideration hereinafter described, and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties do agree as follows: Page 1 of 7 f ; 1. The Leasee desires to use parking spaces in the Bridger Park for the sole purpose of providing parking for the Leasee's hotel known as the Lark 2 , located at 136 West Main Street (the "Hotel"). Said parking shall be for the use of the Leasee's Hotel only, including without limiting, its owners, employees, guests, invitees, and suppliers. This Agreement sets forth the terms pursuant to which the Parking Commission authorizes the Leasee to use such parking spaces. 2. Imm o ree en erition. This Agreement shall be executed and effective no later than f inl site plan approval from the City of Bozeman Department of Community Development. The term of lease for parking spaces as provided for herein shall commence no later than the issuance of a certificate of occupancy for the Hotel from the City of Bozeman Building Division. The lease issued hereunder shall be in effect for no less than 25 years from the initial date of lease of parking spaces. The parties may renew this Agreement and the lease issued hereunder for five (5) additional five (5) year periods upon written request by the Leasee. The Leasee may not terminate this Agreement without the prior written consent of the Parking Commission. The Parking Commission may not terminate this Agreement unless such termination is required by law. Notwithstanding the above, this Agreement shall terminate should the final site plan approval for the Hotel, if granted by the City of Bozeman, lapse pursuant to 38.19.120.D, BMC. In no case shall this Agreement remain in effect including the obligation of the Parking Commission to lease parking spaces under this Agreement should the Leasee not obtain a building permit from the City of Bozeman for construction of the Hotel within two (2) years of the effective date of this Agreement. In addition, this Agreement terminates if the Leasee obtains a building permit during the first two years after the effective date of this Agreement but such building permit expires. In addition, this Agreement shall terminate if a building permit is issued but a final occupancy permit is not issued by the City of Bozeman's Building Division within four (4) years of the effective date of this Agreement. 3. umber and Use of Parking S®aces. The Parking Commission shall make available to the Leasee no more than twenty seven (27) spaces for the sole purpose of providing parking, and access thereto, for the use of the Leasee's Hotel on a 24-hour basis. The Parking Commission shall, upon request, provide the Leasee notice of how many parking spaces are available on or before December 31 each year. In addition to the above, the Parking Commission shall provide repair and maintenance, including without limiting, graffiti removal, striping, and pothole/crack repair during normal business hours. k` Page 2 of 7 4. Rate and Adjustmen:UAVI Arr,2ss Cards. The Leasee shall pay the Parking Commission a bulk rate of forty dollars ( 40.00) per month per space upon commencement of the lease as set forth in paragraph 2. The Parking Commission may increase the rate without prior notice to the Leasee on an annual basis in accordance with Parking Commission policy. Such policy requires rates to be established in compliance with the Master Agreement as discussed in Section 5, below. The Parking Commission may charge a refundable deposit and actual costs of replacement for AVI access cards. . Federal Facility/Parkipa CommissionFacility/Parkin Control. The Leasee recognizes the City of Bozeman constructed the Bridger Park with funds obtained through a Congressional appropriation as administered by the United States Department of Transportation's Federal Transit Administration (FTA Project No. T-0 -000 -00). In addition, the Leasee recognizes the City of Bozeman annually enters into an agreement with the FTA called the Master Agreement (FTA (19), October 1, 2012) (Exhibit A). In its use of parking spaces under this Agreement the Leasee shall take no action which would adversely affect the federal interest in the Bridger Park and shall at all times use the parking spaces in a manner that complies with the Master Agreement. Further the Leasee recognizes that the City of Bozeman must maintain satisfactory continuing control over the Bridger Park and that there may be no interference with transit functions. Any revenue collected in excess of operation and maintenance costs are to be committed to the provision of public transportation services. The Leasee agrees the Parking Commission has and may adopt rules, regulations, and administrative directives for the reasonable operation of the Bridger Park. The Leasee shall abide by all such rules, regulations, and directives. 6, MgSHfication .,and iiiliv: This document contains the entire agreement between the parties and no statements, promises or inducements made by either party or agents of either party not contained in this written Agreement may be considered valid or binding. This Agreement may not be enlarged, modified or altered except by written agreement signed by the parties hereto. The Leasee may not subcontract or assign its rights or delegate its duties under this Agreement without the prior written consent of Parking Commission. i Page 3 of 7 E 7 QgmolIancV..VZftb Woffigd J22y_qJ9.121]3.q13J--QgA2: The Leasee acknowledges it is required, pursuant to the City's Unified Development Code (Chapter 38, BMC), to provide parking spaces for Leasee's Hotel uses. The Leasee intends this Agreement to satisfy some portion of its UDC parking requirement. As such, this Agreement is revocable only with the prior written approval of the appropriate UDC review authority. 8. 11gability: This Agreement and any extensions hereof shall be governed and construed in accordance with the laws of the State of Montana. 9. bJQ0-J&gdMi02jton. The Leasee shall not discriminate in the fulfillment of this Agreement on the basis of race, color, religion, creed, sex, age, marital status, national origin, or actual or perceived sexual orientation, gender identity or disability. 10.kWs1mnffi, m11Q01HQ1d UAaULq§_s. The Leasee agrees to the fullest extent permitted by law, to defend, indemnify, and hold the Parking Commission and the City of Bozeman including their officers, agents, and employees, the Intermodal Commerce Condominium Association and its individual Unit Owners, and the Mendenhall Marketplace Condominium Association and its individual Unit Owners harmless against claims, demands, proceeding, suits, damages, losses, and expenses including attorney fees and costs connected therewith that may be asserted or claimed against, recovered from or suffered by any of the above by reason of any injury or loss, including but not limited to, personal injury, including bodily injury or death, property damage, loss of use, or other injury or loss of any kind occasioned by, growing out of, or in any way arising or resulting from any intentional, reckless, or negligent act on the part of the Leasee, its owners or employees while using the Bridger Park, a n d t h o s e , invitees, suppliers, lessees, licensees, guests, patrons, officers, or agents , authorized by the Leasee to use the Bridger Park pursuant to the terms of this Lease. The Leasee on behalf of its lessees, licensees, guests, patrons, employees, 3 officers, and agents, hereby waives any and all claims and recourse against the Parking Commission, the City of Bozeman, including its officers, agents or employees, and the Intermodal Commerce Condominium Association and its individual Unit Owners, and the Mendenhall Marketplace Condominium Association and its Individual Unit Owners including the right of contribution for loss or damage to person or property including loss of use arising from, growing out of, or in any way connected with or incident to the performance of this Agreement except "responsibility for his own fraud, for willful injury to the person or property of another, or for violation of law, whether willful or negligent" as per 28-2-702, MCA. Nothing contained in this paragraph shall be construed as the Page 4 of 7 Leasee waiving any claims and recourse against the Parking Commission, the City of Bozeman, including its officers, agents or employees for a breach of this Agreement. Should the Parking Commission, the City of Bozeman, the Intermodal Commerce Condominium Association to include its individual Unit Owners, or the Mendenhall Marketplace Condominium Association to include its Unit Owners be required to bring an action against the Leasee to assert its right to defense or indemnification under this Agreement any of the entities named above shall be entitled to recover its reasonable costs and attorney fees incurred in asserting its right to indemnification or defense but only if a court of competent jurisdiction determines the Hotel was obligated to defend the claim(s) or was obligated to indemnify the above entities for a claim(s) or any portion(s) thereof. The obligations of this section (section ten (10)) shall survive termination of this Agreement. 11.InsuE@13r,21. In addition to and independent from the requirements of Section 10, the Leasee shall secure insurance coverage in a form acceptable to the Parking Commission and furnish to the Parking Commission an accompanying certificate of insurance issued by a company authorized to do business in the State of Montana in amounts not less than as follows: . Workers' Compensation - statutory • Employers' Liability - $1,000,000 per occurrence; $2,000,000 annual aggregate . Commercial General Liability - $1,000,000 per occurrence; $2,000,000 annual aggregate • Automobile Liability - $1,000,000 property damage/bodily injury; $2,000,000 annual aggregate The Parking Commission, City of Bozeman, and their officers, agents, and employees, shall be endorsed as an additional insured on a primary non-contributory basis on both the Commercial General and Automobile Liability policies. The insurance and required endorsements must be in a form suitable to City and shall include no less than a thirty (30) day notice of cancellation or non-renewal. The Leasee must demonstrate to the City's satisfaction that the above insurance coverage is in place and is provided in a manner acceptable to the City including any endorsements prior to the Leasee using any parking spaces. Nothing herein shall grant the City the authority to require the Hotel to use the services of a specific insurance provider. Page 5 of 7 12.AUjb2EjZAtLqU. The parties signing below hereby represent and warrant that they are duly authorized to sign this agreement on behalf of the entities. 13.H222LdAjjM. This Agreement shall be recorded in the files of the Gallatin County Clerk and Recorder. All costs of recording shall be borne by the Leasee. End of Agreement except for signature page a 4 Page 6 of 7 T Executed this day of V'4lL"- 201-6 Parkind Commission, By: Parking Manager STATE OF MONTANA ss. County of Gallatin This instrument was acknowledged before me on the day of juvi-e- 20_Uo by Thomas Thorpe, as Parking Manager for the City of Bozeman, Montana. P PEAR MICHALSON L I EARL MICHALSON Notary Public for tfle of State Niorltana or the State of Ki0r) ncsiclinq��U: Notary Public for the State of Montaq@L----,,--- a Bozeman, S[%'k 1. Bozernan, Viontana C 0 pffcb My 0 Irl "�j Printed Name: My Commission Fxpwcs: M 0 0 March 10,2020 Residing in My Commission Expires: 777=7=— Imperial 400 LLC : By: 15xi*e-1 Brian Caldwell, Imperial 400, LLC Member STATE OF MONTANA ) : ss. County of Gallatin This instrument was acknowledged before me on the 2Z day of -j7u '2, 20 by Brian Caldwell as XXX-for I Aerial 400, LLC. W("ef— PEARL MICHALSON Notary Public OTAR1,1 'o 4-.7- for tne State or Montana Notary Public for the State of Montana 'A L,, Hosiding at: na a. Printed Name: Bozeman, Montana )my commission Expires: Residing in March 10,2020 My Commission Expires: —,-- Page 7 of 7