HomeMy WebLinkAbout01-07-19 City Commission Packet Materials - C10. Addendum 1 with East Main Investments for Blackmore MarketplaceCommission Memorandum
REPORT TO: Mayor and City Commission
FROM: Chris Saunders, Community Development Manager
Shawn Kohtz, Interim Public Works Director
SUBJECT: Revision to the Blackmore Bend Impact Fee Payment Agreement for
Improvements to the Intersection of Highland Boulevard and East Main
Street, IFCR-1705.
MEETING DATE: January 7, 2019
AGENDA ITEM TYPE: Consent Agenda
RECOMMENDATION: Authorize City Manager to sign the first addendum to Bozeman
Impact Fee Payment Agreement, IFCR-1705.
BACKGROUND: On September 11, 2017 the City Commission approved an Impact Fee
Payment Agreement for improvements to the intersection of Highland Boulevard and East Main
Street. Engineering and Legal staff provided the proposed agreement to the developer, East
Main Investments, LLC, who executed the agreement and returned it to the City for signature by
the City Manager. Funds for improvements to the intersection of Highland and Main are on the
approved capital improvements plan as street impact fee project number SIF112 in Fiscal Year
2018. A revision to the description of the project to remove a limitation on occupancy of
structures is requested. This coordinates with the zoning variance request for occupancy at
Blackmore Bend considered by the City Commission on December 10, 2018.
FISCAL EFFECTS: Defined in the approved Street Impact Fee item SIF112 in the
Capital Improvements Program. There is no change in the City’s contribution to the project with
this amendment.
ALTERNATIVES: As suggested by the City Commission.
Attachments: City of Bozeman Impact Fee Payment Agreement addendum
Report compiled on: 12/10/18
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