Loading...
HomeMy WebLinkAbout18- Addendum 1 to the Water and Sanitary Sewer Main Trench Subsidence Liability Agreement - 2B Holdings, LLC - Cottonwood Corner Apartments When recorded return to: Bozeman City Cleric PO Box 1230 Bozeman,MT 59771-1230 EoPLATTKfl 22B 11947 Page: 1 of 5 04/25/2018 01:46:08 PM Fee: $35.Q0 Charlotte Mills - Gallatin County, MT MISC 11111111111111111 IN 111111111111111111111111111111111111111111111111 IN ADDENDUM NO 1 TO THE WATER AND SANITARY SEWER MAIN TRENCH SUBSIDENCE LIABILITY AGREEMENT FOR COTTONWOOD CORNER APARTMENTS This Addendum is made this day of Aclrr� , 20 1% , by and between 2B HOLDINGS LLC, a Montana limited liability company, with a mailing address of P.O. Box 10968, Bozeman, Montana 59719, hereinafter called the "Owner" and the City of Bozeman, hereinafter called the "City" a self-governing Municipal Corporation operating pursuant to its Charter and the laws of the State of Montana,with offices at 121 North Rouse Avenue, P.O. Box 1230,Bozeman, Montana 59771-1230. THE PARTIES AGREE AS FOLLOWS: 1. Section five (5) of the Water and Sanitary Sewer Main Trench Subsidence Liability Agreement for Cottonwood Corner Apartments (the"Underlying Agreement") shall be amended as shown below by strikeout and underlines: "Within ten(10)business days of execution of this Agreement,the Owner must provide the City a financial guarantee in a form acceptable to the City for 150%of the estimated cost of replacing the backfill along the entire length of the public water and sanitary sewer mains constructed by the Owner including but not limited to: cutting the asphalt, excavating the trench backfill to the public water/sanitary sewer mains,reconstructing the sewer and water mains,replacing the backfill over the mains in lifts, compacting the lifts, testing compaction of the lifts,pressure testing the water mains, disinfection testing of the water mains, TV inspection of the sanitary sewer mains, and patching the pavement cuts. The City will hold the financial guarantee for a period of at least two (2)years. If at the end of the two (2) Y period the provisions of this Agreement are not met to the City's satisfaction the Owner must provide an updated financial guarantee on terms acceptable to the City. No later than Maw Page 1 of 5 23, 2019 At the era of twe "` years, the Owner shall schedule and conduct sehe"le an inspection with the City Engineering Division to determine if any settlement or subsidence of trenches have occurred. Within a reasonable time after the inspection At the end of the twe year-per-io , the City will return the financial guarantee to the Owner only if the City Engineering Division agrees no subsidence or settlement has occurred related to the public sewer and water mains or no other issues exist related to the integrity of the water and sewer mains or the finished surfaces over the public mains. The inspection must include a video inspection of the sanitary sewer main,which the Owner must also schedule and conduct she prior to May 23, 2019 with the City Water and Sewer Division. Costs of such inspections shall be borne by the Owner. If the inspection proves unsatisfactory in the City's sole discretion,the Owner must,within six «`me 4+s no later than September 30, 2019 and at Owner's sole expense, and as determined by the City in its sole discretion,reconstruct the trenches,water and sewer mains as necessary and all necessary surface repairs prior to the City releasing the financial guarantee. In addition,prior to the City accepting the improvements and releasing the financial guarantee, the Owner's engineer of record must certify no later than September 30, 2019 at the end of two years that no substantial settlement has occurred that would compromise the integrity of the public water and sewer mains or the finished surfaces over the public mains." 2. Section six (6) of the Water and Sanitary Sewer Main Trench Subsidence Liability Agreement for Cottonwood Corner Apartments (the "Underlying Agreement") shall be amended as shown below by strikeout and underlines: "Notwithstanding paragraph five, above, the Owner must perform an annual inspection no later than October 15 2018 one year-from the date of this ^gr-eev,.ea to verify no issues have arisen associated with subsidence or settlement of the trench backfill for the public sanitary sewer and water mains and no other issues exist related to the integrity of the mains or the finished surfaces over the public mains. The Owner's engineer must file an inspection report with the City Engineering. Any observed issues related to trench backfill settlement or subsidence or related to the integrity of the sewer and water mains must, as determined by the City in its sole discretion,be immediately corrected by the Owner." 3. All other provisions of the Underlying Agreement remain in full force and effect. 4. This Addendum must be recorded by the City in the records of the Gallatin County Clerk and Recorder. The parties have executed this agreement on the day and year first written above. Page 2 of 5 ####End of Agreement Except for Signatures #### Page 3 of 5 OWNER: 2B HOLDINGS, LLC By: gamin E stler, Manager DATED this day of Arrzkt- , 20j$__. STATE OF MONTANA ) ):ss County of Gallatin ) On this 0*6 day of mQ�C�I , 20 1�5,before me the undersigned, a Notary Public for the State of Montana,personally appeared BENJAMIN E. NISTLER, known to me to be Manager of 2B HOLDINGS, LLC, a Montana limited liability company 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 2B HOLDINGS, LLC, a Montana limited liability company. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. (SEAL) ,��PINE4t, / KATH\E aIN P b AINES yY.'NoTARry� : ic for the State of Montana Residing at: u3.SEAL.��, Belgrade, Montana My commission Expires: July 22, 2020 Notary Public for the State of Montana (Printed Name Residing at My Commission expires / Page 4 of 5 ACCEPTED: CITY OF BOZEMAN By: City Manager ATTEST: pF, Robin Crough, City Cler �• y- = ;�; 1883 ♦ •�� STATE OF MONTANA ) ) ss. County of Gallatin ) On this day of �-,1 ,201�,before me, a Notary Public for the State of Montana, personally appeared �SLLVC:a:L and ROBIN CROUGH, known to me to be the City Manager and City Cleric for 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 seal on the day and year first above written. BRENDA SWEENEY Notary Public NotaryPublic for the State Montana =mQ'N° Ac.<_for the State of Montana = — - Residing at: Printed Name. ��d� SF'.AI.. Bozeman, Montana ReSidin at �P� ►�M�missionExpires' g K t,-z—a��\ �"'ry-, „�;'��� December 02,2018 My Commission Expires L,-�J_,2L_/20 Page 5 of 5