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HomeMy WebLinkAbout04-16-18 City Commission Packet Materials - C3. Request for Cash-In-Lieu of Parkland for Icon Apartments Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 1 of 12 Report To: Mayor and City Commission From: Courtney Johnson, AIA, Senior Planner Martin Matsen, Director of Community Development Subject: Request for Improvements and Cash In-Lieu of Parkland Dedication for the Icon Apartments Master Site Plan, Application 17542. Meeting Date: April 16, 2018 Project Location: 4555 Fallon Street, Bozeman, MT 59718 MINOR SUB 365, S10, T02 S, R05 E, Lot 3A Agenda Item Type: Consent (Quasi-Judicial) Recommendation: That the City Commission approve the request for combined land dedication and cash donation in-lieu of parkland dedication, with the cash value a combination of money paid and improvements installed within the dedicated park in the amount of $126,981.76. Report Date: April 4, 2018 ADVISORY BOARD RECOMMENDATION: The Recreation and Parks Advisory Board (RPAB) Subdivision Review Committee met on August 17, 2017 and supported the applicant’s proposal of combined on-site improvements and cash in-lieu of parkland dedication in the amount of $126,981.76. BACKGROUND: The subject property is 19.86-acres, located at 4555 Fallon Street, Bozeman, MT 59718, and zoned RO (Residential -Office District). The site plan application includes a total of 18 apartment buildings for a total of 336 apartments. The unit mix consists of 124 one bedroom units, 160 two bedroom units, and 52 three bedroom units. This development (located with the RO zoning district) has a maximum net residential density of 12 dwellings per acres for park land dedication. The first 8 dwelling units would require a land dedication or its equivalent of 3.74- acres. The net residential density in excess of the 8 dwellings units per acre shall be met with a cash donation in- lieu of the land, unless specifically determined by the review authority, for this project the cash in-lieu requirement would be $126,981.76. The applicant is proposing to exceed the equivalent value of the required first 8 dwelling units land dedication by easement (3.74 acres) with on-site improvements combined with a proposed 1.61 acre privately maintained park. The easement is for public park access. Then for the excess dwelling units (those greater than 8 dwellings per acre) the applicant is proposing to pay the cash in-lieu payment, in the amount of $126,981.76. The Parks Department reviewed the proposed and provided the park calculations for the improvement and cash-in-lieu amount which the applicant reviewed and approved. Staff identified several required Unified Development Code (UDC) corrections in advance of the Development Review Committee meeting on this item, including the necessity of the City Commission’s approval of an alternative parkland dedication proposal. If the City Commission chooses to not to approve the request for improvements and cash donation in-lieu of parkland dedication, the project would necessitate a different design or the elimination of residential dwelling units. 12 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 2 of 12 Section 1 – Map Series 13 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 3 of 12 Section 1 – Map Series 14 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 4 of 12 Section 1 – Map Series 15 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 5 of 12 16 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 6 of 12 17 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 7 of 12 18 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 8 of 12 19 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 9 of 12 There are a number of ways the UDC provides for satisfying the parkland dedication requirements, with the number one choice being physical land. The applicant must identify if dedicating parkland can be accomplished on the site, within the surrounding vicinity or through the protection of a unique feature (wetlands, historic location or other feature). Another alternative is to provide cash in-lieu or improvements in-lieu in conformance with Commission Resolution 4784. Sec. 38.27.020. - Park area and open space requirements. A. The area required by this subsection shall be provided. The required area or its equivalent may be provided by any combination of land dedication, cash donation in-lieu of land dedication, or an alternative authorized by section 38.27.100, subject to the standards of this chapter. 1. When the net residential density of development is known, 0.03 acre per dwelling unit of land shall be provided. a. When the net residential density of development is known at the time of preliminary plat and net residential density is in excess of eight dwellings per acre, the requirement for dedication for that density above eight dwellings per acre shall be met with a cash donation in-lieu of the additional land unless specifically determined otherwise by the review authority. b. These requirements are based on the community need for parks and the development densities identified in the growth policy and this chapter. c. Net residential density of development is known when a plat or site plan depicts a set number of lots and the final number of residential units at full buildout can be reasonably determined. d. When developed as group living, in lieu of 0.03 acres per dwelling unit, an area of 575 square feet per resident shall be provided up to a limit of 27 persons per net acre. e. The required area dedication or its equivalent shall not be required for any residential density in excess of the following: (1) For development within the R-1, R-2, and R-MH zoning districts, the maximum net residential density shall be ten dwellings per acre. (2) For development within the R-3, R-4, R-O, and REMU zoning districts, the maximum net residential density shall be 12 dwellings per acre. (3) For development within other zoning districts not previously specified and developed for residential uses, the maximum net residential density shall be 12 dwellings per acre. APPLICANT’S PROPOSAL: The applicant is proposing to exceed the provision of parks. They do so by providing the equivalent value of the required first 8 dwelling units land dedication (3.74 acres) with on-site improvements, with a proposed 1.61 acre privately maintained park with a public park access easement. The easement will be acted on by Commission at a future date for approval and signature by the City Manager prior to final site plan. The proposed improvements cost for this 1.61 acre park was provided by the applicant in the amount of $475,722.20. The calculations provided by the Parks Department for the equivalent land dedication equaled $353,950.63. For the dwelling units in excess of the eight dwellings units per acre, the applicant is proposing to make a cash in- lieu payment, in the amount of $126,981.76. The Parks Department reviewed the proposal and provided the park calculations for the cash-in-lieu which with applicant reviewed and approved. The combination of the onsite park and cash-in-lieu payment to be provided by the applicant, would be a total value of $584,703.96; which exceeds the Parks Department calculation total of $480,932.39. 20 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 10 of 12 RPAB SUBDIVISION REVIEW COMMITTEE The Recreation Parks Advisory Board (RPAB) Subdivision Review Committee considered the request at its August 17, 2017 meeting, concurred with the applicant’s request and findings. The motion was supported by the two RPAB committee members present and recommended that the Commission accept the combined improvements and cash in-lieu proposal in the amount of $126,981.76. Please see attached RPAB Memo. Based on the site layout, proposed park development, and the endorsement of the RPAB Subdivision Review Committee, Staff recommends that the Commission approve the applicant’s request for cash in-lieu of parkland dedication. FINDINGS FOR SUPPORT: The goal of parkland dedication is to provide publicly dedicated land for recreational purposes to mitigate the impacts of additional residents need for services. The code states that applicants can request to accomplish their parkland requirements with a cash donation in-lieu of land dedications. Commission Resolution 4784 established factors to be considered by the review authority in evaluation appropriateness of accepting cash payment or improvements in-lieu of dedication of parkland. Staff findings were reviewed in accordance with provisions of applicable code, Commission Resolution 4784 and alignment with the PROST plan as follows: Sec. 38.27.030. - Cash donation in-lieu of land dedication. A. The review authority may determine whether the park dedication must be a land dedication, cash donation in-lieu of land dedication or a combination of both. When making this determination, the review authority shall consider the following: 1. The desirability and suitability of land for parks and playgrounds based on size, topography, shape, location or other circumstances; and The proposed Ferguson Park is suitable for Community use through various amenities provided on site. 2. The expressed preference of the developer. The developer requested the provision of both on-site improvements and cash-in-lieu, supplying required documentation and cost estimates. 3. Location of the site and proposed park are within the R-O zoning district. Commission Resolution 4784 1. Section 1 - Review factors for allowing a request for payment of cash-in-lieu and authorization to construct improvements in-lieu. The proposed Ferguson Park is suitable for Community use based on size, topography, shape and proximately to other public parks and trail systems. It’s surrounded by 18 apartment buildings and will be a prominent site enhancement to the area. The Applicant has proposed that this park will be privately maintained and will be available for public use with a public park access easement. 2. Sections 3– Favorable Circumstances for Acceptance of Cash-in Lieu The proposed cash in-lieu payment aligns with Section 38.27.020.A., the requirement for dedication for density above eight dwellings per acre. This development has provided a maintenance agreement, and will privately maintain the park. The proposed 19.86-acre site is able to meet the park development standards. The development is in close proximity to three public parks, but cannot add land to these 21 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 11 of 12 parks. Of these three parks, only one is within 0.25 miles from the development, Valley West Park. This proposed development is not mixed-use or an infill site. 3. Sections 4 – Factors for Consideration of Improvements in-lieu The proposed park improvements are consistent and exceed the City’ approved specifications for park equipment (Section 38.27.080, BMC). The applicant provided a comprehensive specification book with the plan sets, which were reviewed by the RPAB Subdivision Committee and the City Parks and Recreation Department. Parks, Recreation, Open Space, and Trails Master Plan 8.4.3 Improvements and Cash-in-Lieu Criteria. 1. Proximity to Existing Parkland. Adjacency to existing parks may provide unique opportunities to aggregate and consolidate parkland into larger and more useful parks. The subject property is in close proximately to three existing parks; the Bozeman Pond Community Park, Valley West Park, and Adam Bronken Soccer Complex. 2. Size of Land Available for Parkland. When only small pieces of parkland are available it may be preferable to get the cash-in-lieu. However, these small parcels might make perfect mini parks if need is demonstrated by this plan. The total proposed parkland dedication is 1.61-acres. Utilizing Staff time to maintain a public park of this size would be a burden on the City. Therefore, the Applicant has proposed to provide a maintenance agreement and public access easement. 3. Housing Density/Infill Projects. Lower-density development is characterized by lots with yards, whereas high-density lots typically do not have large yards; high density development may, in fact, have a greater need for parkland than low-density. This application is proposing 18 apartment buildings, for a total of 336 apartments. This is a high density project which has a requirement to provide open space in addition to parkland. The project is required to provide 44,200 square feet of open space. The proposed open space is provided with combination of landscaped areas throughout the property and private balcony square footage, for a total of 50,147 square feet. 4. Trail Connections. Trail connection should be obtained instead of cash-in-lieu. There is one existing pathways to the east of the proposed development that connects north to the Valley West Park trail system. City sidewalks, bicycle lanes, and the street network connect this property to other services and parks. 5. Suitability Factors. The suitability may be diminished due to factors such as steep slopes, extremely high groundwater (surface ponding), etc. The location of the park is suitable for the public use. The Master site plan application is still in review forsite stormwater management. 6. Service Area. State law states that cash-in-lieu funds can be spent only if the “park, recreational area, open space, or conservation easement is within a reasonably close proximity to the proposed. The proposed onsite improvements (Ferguson Park) will be privately maintained but will usable to the public with a proposed public park easement. 22 Commission Staff Report Icon Apartments at Ferguson Farms April 16, 2018 Page 12 of 12 UNRESOLVED ISSUE(S) At the time this report was written this master site plan application was out for corrections. However, there are no anticipated changes that would alter the number of dwelling units or proposed park plan. ALTERNATIVES: 1. Support the recommendations and findings to approve the request for improvements in-lieu for the project per Sec 38.27.020 2b(3); 2. Approve the request for improvements in-lieu proposal in an alternate amount; 3. Deny the request for improvements in-lieu; OR 4. As suggested by the Commission FISCAL EFFECTS: Per the applicant proposal, a cash-in-lieu payment of $126,981.76 would be main. Additionally, the 1.61 park would be privately maintained, enforced with a maintenance agreement, which would therefore not impact City Parks Department maintenance costs. ATTACHMENTS 17542 Icon Apartments at Ferguson Farms-Parkland Proposal 17542 Icon Apartments at Ferguson Farms-Park Site Plan 17542 Icon Apartments at Ferguson Farms-RPAB Subdivision Review Committee Memo 17542 Icon Apartments at Ferguson Farms-Maintenance Agreement 17542 Icon Apartments at Ferguson Farms-Public Park Easement 23 April 4, 2018 Ms. Courtney Johnson Senior Planner City of Bozeman 20 East Olive Street Bozeman, MT 59771 Reference: Public Park Narrative and Cash-in-Lieu Calculation Dear Ms. Johnson: Please find the following narrative regarding the development of the park within the Icon Apartment Homes at Ferguson Farm Development: The Developer for the Icon at Ferguson Farms development has worked extensively with the City parks department from the outset of this project to work towards a park development that provided maximum benefit to the general public, the residents of the apartment homes, The City of Bozeman, and the Developer. As such the following plan was agreed upon by the Developer and City parks staff, and subsequently approved by the City of Bozeman Subdivision Parks Board: 1. Dedication of 1.61 acres of parkland via a public access easement. With the easement dedication, maintenance responsibility for the parkland falls entirely on the developer. No park improvements or maintenance responsibilities of any kind will be required by the City. A park maintenance agreement has been provided and approved by both City Staff and the Parks Board. This park will be open to the general public as well as to residents of the Icon Apartment Homes at Ferguson Farm. 2. Park improvements of approximately $475,722.20 will be installed as part of construction improvements by the Developer. This will result in a fully developed park that will be maintained by the property owner. Improvements include, but are not limited to: 2 large picnic pavilions; 4 picnic tables; 12 benches; a full court basketball court; waste containers; a fully developed dog park including synthetic turf, a decorative fence, and dog agility equipment; trees, shrubs, concrete sidewalks, sod, irrigation, and a large playground structure. 3. A park cash-in-lieu fee of $126,982.00. This value was based upon a raw land value utilized by the City Parks Department to determine land value at the allowable 4 units per acre in the City code. As shown in the attached calculation sheet prepared by the City Parks Department, the Developer responsibility is approximately $420,268.31 based on a City Parks staff calculation for improvements in lieu and cash in lieu payments. However, in total, the developer is providing, not including land costs, approximately $602,704 in park 24 improvements and a cash-in-lieu payment. As noted in the maintenance agreement, the maintenance of this park is the responsibility of the developer and will be no cost to the City of Bozeman. We appreciate the opportunity to work with City staff and the Subdivision Parks review board to a mutually beneficial park project that will have significant benefit to the public at no cost to the City. If you have any questions, please feel free to contact me anytime at (406) 582-8100. 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However, some concerns were raised as follows:  Are we are keeping up with our standard of park acreage / 1000 residents?  “Overflow use” from such a large development will likely impact Valley West, especially dog users since the dog run is so small  The amenities are nice, but with so many residents, will it be enough? IT might be so busy all the time that no one outside the development would bother going there.  More criteria would be helpful in evaluating what is acceptable for this type of proposal The following motion was supported by the two committee members present. Having considered materials and information presented to date, I hereby move to recommend that the City Commission approve Proposal No. 17379 - ICON Apartment Homes for a park easement with amenities as shown on the plans. 36 Return to: Sanderson Stewart 106 East Babcock Bozeman, MT 59715 FERGUSON PARK DEVELOPMENT AND MAINTENANCE AGREEMENT By and Between Delaney and Company, Inc. and Ken LeClair Und 1/2 Interest and The City of Bozeman DATED this _____ day of _________________, 20___ 37 P:17007.02_BKCP_Ferguson_Park_Dev_Maintenance_Agreement 2 (07/18/17) RDL/hav FERGUSON PARK DEVELOPMENT AND MAINTENANCE AGREEMENT This Agreement, made and entered into this _____ day of _________, 2017, by and between DELANEY AND COMPANY, INC., of 101 E Main Street, Suite D, Bozeman, Montana 59715 and KEN LECLAIR UND 1/2 INTEREST, of 2422 Highland Boulevard, Bozeman, Montana 59715 (OWNERS) and the CITY OF BOZEMAN (CITY), a municipal corporation of the state of Montana, with offices at 121 North Rouse Avenue, Bozeman, Montana 59715. RECITALS 1. Owners presently own the land, known as Lot 3A of Minor Subdivision No. 365, being an amended plat of Lot 3, Minor Subdivision No. 295, The Spring Creek Village Resort, and Lot 2A, Minor Subdivision No. 338, The Spring Creek Village Resort, located in the SW1/4 of Section 10, Township 2 South, Range 5 East, P.M.M., City of Bozeman, 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. 2. Lot 3A is zoned as Residential Office and the proposed development is required to provide 0.03 acres of park land per unit for up to of 12 units per acre. Park area dedication, improvements in-lieu and cash in-lieu have been provided to satisfy this requirement. 3. The park area is 1.6 acres and will be known as Ferguson Park. 4. OWNERS are responsible for developing and maintaining Ferguson Park as associated with the development of Icon Apartment Homes at Ferguson Farm. 5. Pursuant to the City of Bozeman Site Plan approval, dated, ________, and Section 38.27.080 of the City of Bozeman Unified Development Code, the public park shall be provided, located developed and maintained in accordance with the Parks, Recreation, Open Space, and Trails Plan (PROST) and shall be known as Ferguson Park, as shown on Exhibit “A” hereto. 6. OWNERS and the CITY enter into this Agreement in order to address the development and maintenance of: the public park as associated (Ferguson Park) with the development of the multifamily development known as Icon Apartment Homes at Ferguson Farm. 38 P:17007.02_BKCP_Ferguson_Park_Dev_Maintenance_Agreement 3 (07/18/17) RDL/hav AGREEMENTS OWNERS and the CITY agree: 1. Development Standards. The public park within the subdivision shall be developed, over time, to a minimum standard consistent with the level of landscaping required by the City of Bozeman Parks and Recreation requirements or City of Bozeman ordinances. OWNERS may, in their discretion, develop the public park to higher standard consistent with the Landscaping Plan for Icon Apartment Homes at Ferguson Farm. However, nothing herein shall obligate OWNERS to do anything more with respect to the public park than to plant and maintain the public park to a minimum level that is consistent with the level of landscaping for park developments within the City of Bozeman. 2. Park Master Plan. OWNERS intend to develop the Park Master Plan, as approved by the City of Bozeman on ________, to satisfy the park dedication requirements for Icon Apartment Homes at Ferguson Farm. The Park Master Plan is intended to present a uniform plan for both Icon Apartment Homes at Ferguson Farm and Ferguson Park described herein. 3. The Timing of Development. OWNERS shall develop and Landscape the public park as part of the First through Eleventh Phases of development of Icon Apartment Homes at Ferguson Farm. The landscaping described herein shall be completed within six months (6) of the issuance of the final certificate of occupancy for the Eleventh Phase of Icon Apartment Homes at Ferguson Farm. 4. Maintenance. OWNERS shall maintain Ferguson Park and the landscaped boulevards adjacent to the park along Resort Drive and Palisades Drive at no cost to the CITY. OWNERS shall maintain these areas to a standard consistent with the level of maintenance afforded other public parks in the City of Bozeman, as outlined in the PROST Plan. 5. Weed Control, Garbage Collection, Snow and Leaf Removal Plan. In accordance with the City of Bozeman Subdivision Regulations, OWNERS shall prepare for submittal and approval by the Park and Recreation Department and City of Bozeman staff that addresses Weed Control, Garbage Collection, Snow and Leaf Removal. This plan shall be submitted, reviewed and approved prior to final acceptance of Ferguson Park and its improvements. 6. Public Park. OWNERS shall maintain all improvements, including furnishings, facilities and landscaping, as shown on the Park Master Plan, in accordance with this Agreement. In the event that the landscaping is not maintained to the standards provided herein or in the event that any of the landscaping becomes a safety issue, 39 P:17007.02_BKCP_Ferguson_Park_Dev_Maintenance_Agreement 4 (07/18/17) RDL/hav then the CITY shall provide written notice to OWNERS identifying the problem and the correction that is being requested. OWNERS shall take prompt action to correct any deficiencies and safety issues. If maintenance and safety issues are not resolved within thirty (30) days. The CITY reserves the right to perform any maintenance in the public park that the CITY determines is necessary for public safety. The CITY shall provide written notice of any safety concerns to OWNERS before the CITY performs any maintenance unless the CITY determines that an emergency condition exists and that immediate action is required. In such event, the CITY shall provide written notice to OWNERS as soon as possible after the CITY has taken corrective action. 7. Indemnification and Insurance. OWNERS agree to indemnify, defend, and save CITY, its officers, agents, and employees harmless from any and all claims, losses, damages and liability occasioned by, growing out of, or in any way arising or resulting from any intentional or negligent act or omission by OWNERS or its agents, contractors or employees. CITY agrees to indemnify, defend and save OWNERS, its officers, agents and employees harmless from any and all claims, losses, damages and liability occasioned by, growing out of, or in any way arising or resulting from any intentional or negligent act or omission by CITY or its agents, contractors or employees. OWNERS shall provide CITY with evidence of Commercial Liability insurance issued by a reliable company or companies, or though self-insurance for personal injury and property damage, in an amount not less than $1,500,000 million per occurrence and naming the CITY as an additional insured. The insurance must be in a form reasonably acceptable to CITY and shall be annually renewed during the terms of this Agreement. 8. Term of Agreement. The terms of this agreement shall be binding upon owners and CITY until such time as it is modified by amendment or OWNERS no longer own and control the lands contained within and identified as Ferguson Park under the terms and conditions of the Public Park Easement that is associated with Icon Apartment Homes at Ferguson Farm development. 9. Notices. All notices given pursuant to this Agreement must be in writing and shall be given by facsimile, by personal delivery, by United States Mail or United States Express Mail postage or delivery charge prepaid, return receipt requested, or by an established delivery service, such as Federal Express or United Parcel Service (sent to the person and address or facsimile number designated below) but if facsimile notice is used such facsimile notice will only be effective if the written notice and 40 P:17007.02_BKCP_Ferguson_Park_Dev_Maintenance_Agreement 5 (07/18/17) RDL/hav confirmation of transmission is sent to the addressee by an established express delivery service. All notices shall be sent to the following: Owners: Delaney and Company, Inc. 101 E Main Street, Suite D Bozeman, Montana 59715 Ken LeClair Und 1/2 Interest 2422 Highland Boulevard Bozeman, Montana 59715 City of Bozeman: City of Bozeman 121 North Rouse Avenue Bozeman, Montana 59715 10. Interpretation. This Agreement shall not be construed in favor of or against either party. It shall be construed neutrally. 11. Amendment. This Agreement shall not be modified or amended, except by a written amendment executed by and on behalf of both the CITY and OWNERS. 12. Recording. The CITY and OWNERS agree that this Agreement shall be recorded against the real property described on Exhibit “A” hereto. 41 P:17007.02_BKCP_Ferguson_Park_Dev_Maintenance_Agreement 6 (07/18/17) RDL/hav DATED this day of , 20 . By: Ken LeClair STATE OF MONTANA ) : ss County of Gallatin ) On this day of , 20 ___, before me, the undersigned, a Notary Public for the State of Montana, personally appeared Ken LeClair, known to me to be the person whose name is subscribed to the within instrument, and acknowledged to me that he/she did execute the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. Notary Public for the State of Montana 42 P:17007.02_BKCP_Ferguson_Park_Dev_Maintenance_Agreement 7 (07/18/17) RDL/hav Delaney and Company, Inc. By: Title: STATE OF MONTANA ) : ss County of Gallatin ) On this day of , 20 , before me the undersigned, a Notary Public for the State of Montana, personally appeared , known to me to be of Delaney and Company, Inc. and the person whose name is subscribed to the within instrument and acknowledged to me that he executed the within instrument for and on behalf of Delaney and Company, Inc. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. Notary Public for the State of Montana 43 P:17007.02_BKCP_Ferguson_Park_Dev_Maintenance_Agreement 8 (07/18/17) RDL/hav ACCEPTED BY: CITY OF BOZEMAN By: ________________________ Dennis Taylor, City Manager ATTEST: Robin Crough, City Clerk STATE OF MONTANA ) : ss County of Gallatin ) On this ________ day of ___________________, 20 , before me, a Notary Public for the State of Montana, personally appeared DENNIS TAYLOR and ROBIN CROUGH, known to me to be the City Manager and City Clerk, 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. Notary Public for the State of Montana 44 BOZ:17007.02_BKCP_Park_Easement_072517 1 (07/25/17) RDL/hav/tc Return to: Sanderson Stewart 106 East Babcock Bozeman, MT 59715 PUBLIC PARK EASEMENT For Ferguson Park Associated with the Icon Apartment Homes at Ferguson Farm Delaney and Company, Inc., and Ken LeClair UND 1/2 Interest, GRANTORS, in consideration of $ 1.00 and for other and valuable considerations, receipt of which is acknowledged, grants to The City of Bozeman, a municipal corporation of the State of Montana, with offices at 121 North Rouse Avenue, Bozeman, Montana 59715, GRANTEE, its successors and assigns, a perpetual public park easement for the use of the public, in, through, and across a parcel of land situated in Gallatin County, Montana, for Palisades Street and Stafford Drive, pursuant to the attached Exhibit A and Metes and Bounds description, Exhibit B, as located on the following described real property: Lot 3A of Minor Subdivision No. 365, being an amended plat of Lot 3, Minor Subdivision No. 295, The Spring Creek Village Resort, and Lot 2A, Minor Subdivision No. 338, The Spring Creek Village Resort, located in the SW1/4 of Section 10, Township 2 South, Range 5 East, P.M.M., City of Bozeman, 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. The easement is more particularly described on the attached Exhibits A and B, which by this reference are made a part hereof. The GRANTORS agree and acknowledge: (1) To construct public park improvements including grading, seeding, plantings, irrigation, sidewalks lighting, hardscape and amenities as identified in the Park Landscaping Plan at their own expense in accordance with relevant Park and Recreation requirements and City Ordinances. (2) To allow the Park and Recreation Department of the City of Bozeman to make any and all inspections of improvements as noted in item one (1) above as the Parks and Recreations Department of the City of Bozeman reasonably deems necessary. (3) That upon inspection, approval, and acceptance by the Park and Recreation Department of the City of Bozeman of improvements noted in item one (1) above, that the OWNERS shall become responsible for all major and minor operation and maintenance of said improvements, according to the Ferguson Park Development and Maintenance Agreement, including all services as are typically afforded dedicated public parks within the City of Bozeman. (4) The GRANTORS state that they lawfully possess the real property described above and that they have a lawful right to grant an easement thereon or any part thereof and that they will 45 BOZ:17007.02_BKCP_Park_Easement_072517 2 (07/25/17) RDL/hav/tc forever defend the title to this property against and claims by all persons. The GRANTORS further agree that the GRANTEE may peaceably hold and enjoy the rights and privileges herein granted without any interruption by the GRANTORS. The terms, covenants, and provisions of this easement shall extend to and be binding upon the heirs, executors, administrators, personal representatives, successors, and assigns of the parties hereto. DATED this day of , 20 . By: Ken LeClair UND 1/2 Interest STATE OF MONTANA ) : ss County of Gallatin ) On this day of ,20 ___, before me, the undersigned, a Notary Public for the State of Montana, personally appeared Ken LeClair UND ½ Interest known to me to be the person whose name is subscribed to the within instrument, and acknowledged to me that he/she did execute the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. Notary Public for the State of Montana By: Delaney and Company, Inc. STATE OF MONTANA ) : ss County of Gallatin ) On this day of , 20 , before me the undersigned, a Notary Public for the State of Montana, personally appeared , known to me to be of Delaney and Company, Inc. and the person whose name is subscribed to the within instrument and acknowledged to me that he executed the within instrument for and on behalf of Delaney and Company, Inc. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. Notary Public for the State of Montana 46 BOZ:17007.02_BKCP_Park_Easement_072517 3 (07/25/17) RDL/hav/tc ACCEPTED: CITY OF BOZEMAN By: ________________________ Dennis Taylor, City Manager ATTEST: Robin Crough, City Clerk STATE OF MONTANA ) : ss County of Gallatin ) On this ________ day of ___________________, 20 , before me, a Notary Public for the State of Montana, personally appeared DENNIS TAYLOR and ROBIN CROUGH, known to me to be the City Manager and City Clerk, 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. Notary Public for the State of Montana 47 BOZ:17007.02_BKCP_Park_Easement_071117 4 (07/11/17) RDL/hav/mdb48 BOZ:17007.02_BKCP_Park_Easement_071117.docx 5 (07/11/17) RDL/hav/mdb EXHIBIT B Metes & Bounds Description: A tract of land situated in the SW1/4 of Section 10, Township 2 South, Range 5 East, P.M.M., in the City of Bozeman, Gallatin County, Montana, being a portion of Lot 3A of Minor Subdivision No. 365, as recorded in the office of the County Clerk and Recorder of said County, being more particularly described as follows, to wit: Beginning at a point on the east line of said Lot 3A, whence said point bears S 00°08’31” W along said east line, a distance of 364.16 feet from the northeast corner of said Lot 3A; thence, from said Point of Beginning, S 00°08'31" W along said east line, a distance of 122.48 feet; thence, leaving said east line, along a curve to the right with a central angle of 73°13’40”, a radius of 17.79 feet, and a length of 22.73 feet (chord bears S 36°50’48” W a distance of 21.22 feet); thence N 89°25’21” W a distance of 490.84 feet; thence N 00°34’39” E a distance of 139.61 feet; thence S 89°25’21” E a distance of 502.46 feet to said Point of Beginning, having an area of 1.611 acres, more or less. 49