HomeMy WebLinkAbout18- Improvements Agreement - Glen Lake Holdings, LLC - Glen Lake Commerce Subdivision (Landscaping Improvements) J-642
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City of Bozeman
Department of Community Development
P.O. Box 1230
Bozeman, MT 59771
2636185
Page: 1 of 9 01/16/2019 04:51:34 PM Fee $63.00
Eric Semerad - Gallatin County, MT IMP
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IMPROVEMENTS AGREEMENT
FOR
GLEN LAKE COMMERCE SUBDIVISION
(LANDSCAPING IMPROVEMENTS)
THIS AGREEMENT is made and entered into this �— day of December 2018, by
and between the Glen Lake Holdings, LLC, hereinafter called the "Subdivider", and the City of
Bozeman, a self-governing municipal corporation and political subdivision of the State of
Montana, with offices at City Hall, 121 North Rouse Avenue, P.O. Box 1230, Bozeman, MT
59771-1230, hereinafter called the "City".
WHEREAS, the Subdivider desires to meet the conditions of preliminary plat approval,
Planning Application No. 16-533,to obtain approval to file a final plat for a subdivision known as
Glen Lake Commerce Subdivision Final Plat (18472), a subdivision on 5.49 acres that would
create fifteen (15) industrial lots, one common open space lot, with the remaining areas as public
streets and alleys; and
WHEREAS, the Subdivider desires to obtain final plat approval for THE GLEN LAKE
COMMERCE SUBDIVISION, and to record the same prior to the installation of all required
subdivision improvements; as such, the Subdivider desires to enter into an improvements
agreement with the City and provide financial security guaranteeing the completion of certain
improvements; and
WHEREAS, it is the intent and purpose of both the Subdivider and the City to hereby
enter into this Agreement to memorialize the terms and conditions for which final plat may be
granted.
Glen Lake Commerce Subdivision—Improvements Agreement Page 1 of 9
NOW,THEREFORE, in consideration of the mutual covenants and conditions contained
herein, it is hereby agreed as follows:
1. Property Description
This Agreement pertains to, and includes, those properties that are designated and
identified as being:
LEGAL DESCRIPTION
LOT 1A, MINOR SUB 154A, SW '/4 OF S31, T1S, R6E, PMM CITY OF BOZEMAN,
GALLATIN COUNTY, MT
2. Improvements
This Agreement specifically includes the following required improvements for Glen Lake
Commerce Subdivision (the "Subdivision"): public landscaping (the above are referred to as the
"Improvements").
The estimated cost of the Improvements has been estimated by the Subdivider's agent, Big
Country Landscapes, 120 Buckskin Road, Belgrade, MT 59714, at Nineteen Thousand Seven
Hundred Twenty Eight Dollars and Zero Cents ($19,728.00). The estimate is attached and hereby
made a part of this Agreement, as Exhibit"A".
3. Financial Guarantee, Time for Completion of Improvements, Additional
Restrictions
A. The Subdivider represents and agrees it will complete all Improvements as required by
Findings of Fact and Order for the Subdivision within six (6) months of the date of
recording of the final plat. In reliance on such representation, the City consents to the
Subdivider filing the final plat prior to completion of the required Improvements. The
Subdivider must maintain adequate financial security guaranteeing the completion of the
Improvements until such Improvements are accepted by the City. The Subdivider' s
performance under this Agreement is specifically guaranteed and secured by one
irrevocable standby letters of credit: Letter of Credit No. 1690000430 in the amount of
$29,525.00 for a total amount not to exceed$29,525.00 from Stockman Bank.These letters
of credit constitute the "Financial Security."
Glen Lake Contnterce Subdivision—Improvements Agreement Page 2 of 9
B. Notwithstanding the time frame for completion of the Improvements stated in subsection A of this
section,the City agrees the Subdivider may defer completion of the following Improvements to not
later than thirty-six (36) months of the filing of the final plat for the Subdivision: landscaping on
open space lot.
C. Subdivider acknowledges and agrees the Financial Security is specifically provided for the benefit
of the City to guarantee and secure completion of the Improvements within the timeframes
specified above and that the Financial Security may be drawn upon by the City without notice to
the Subdivider and used by the City for completion of the Improvements in its sole discretion but
only if the Subdivider fails to comply with the terms and conditions of this Agreement.
D. Subdivider acknowledges the Financial Security lapses on January 31, 2020. Subdivider
also acknowledges the issuer of the Financial Security may give notice to the City of its
intent to not renew the Financial Security but must do so no less than thirty(30) days prior
to the expiration of the Financial Security or the Financial Security is extended for an
additional year. As a result of the above, the Subdivider agrees that if the issuer of the
Financial Security provides notice to the City of non-renewal of the Financial Security
prior to the completion of all of the Improvements such non-renewal may place the
Subdivider in breach of this Agreement. In such a case, the Subdivider must, within ten
(10) days of the Subdivider acquiring information of the issuer's intent not to renew the
Financial Security or the City's notice to the Subdivider that the City received a notice
from the issuer of the Financial Security that the issuer intends to not renew the Financial
Security, whichever is earlier, provide the City alternative financial security in a form
acceptable to the City. Subdivider agrees that failure to provide such alternative financial
security within 10 days of the City's notice or the Subdivider acquiring knowledge of the
issuer's non-renewal shall be deemed a material breach of this Agreement and the City
may,without any further notice to the Subdivider, draw upon the Financial Security for the
costs of any outstanding Improvements at 150% of the City's estimate cost of such
Improvements regardless of the costs estimates included in Exhibit A and regardless of
whether the timeframe for completion of such improvements has passed.
Glen Lake Commerce Subdivision—Improvements Agreement Page 3 of 9
E. The Subdivider agrees that no delegation of performance required by this agreement shall relieve
the Subdivider of any duty to perform or any liability for the breach of that duty to complete said
subdivision improvements required for the Subdivision.
F. Upon submission of fully documented invoices for the work performed, said work to be inspected
and certified for payment by Subdivider's professional engineers and the City and or its agents as
necessary,the City may release a portion of the Financial Security for the work completed by the
referenced invoices.
4. Inspection
Representatives of the City shall have the right to enter upon the Subdivision at any
reasonable time in order to inspect it and to determine if the Subdivider is in compliance with this
Agreement, and the Subdivider shall permit the City and its representatives to enter upon and
inspect the Subdivision at any reasonable time.
5. Default
Time is of the essence of this Agreement. If the Subdivider shall default in or fail to fully
perform any of its obligations in conformance with the time schedule under this Agreement, and
such default or failure shall continue for a period of ten (10) days after written notice specifying
the default is deposited in the United States mail addressed to the Subdivider at Glen Lake
Holdings, LLC, 145 Jeana Lei Ct, Bozeman, MT 59718 or such other address as the Subdivider
shall provide to the City from time to time, without being completely remedied, satisfied, and
discharged, the City may elect to enforce any of the following specified remedies:
A) The City may, at its option, declare the Financial Security to be forfeited, take
possession of funds secured by the Financial Security pursuant to any lawful means,
and secure the complete construction and inspection of the Improvements. The
City's representative, contractors, and engineers shall have the right to enter upon
the Subdivision and perform such work and inspection, and the Subdivider shall
permit and secure any additional permission required to enable them to do so. In
the event that any funds remain from the financial guarantee upon completion of
all Improvements, such funds shall be promptly returned to the Subdivider.
B) The City may enforce any other remedy provided by law.
Glen Lake Commerce Subdivision—Improvements Agreement Page 4 of 9
6. Indemnification
To the fullest extent permitted by law, Subdivider agrees to release,defend,indemnify,and
hold harmless the City, its agents, representatives, employees, and officers (collectively referred
to for purposes of this Section as the City) from and against any and all claims, demands, actions,
fees and costs (including attorney's fees and the costs and fees of and expert witness and
consultants), losses, expenses, liabilities (including liability where activity is inherently or
intrinsically dangerous) or damages of whatever kind or nature connected therewith and without
limit and without regard to the cause or causes thereof or the negligence of any party or parties
that may be asserted against, recovered from or suffered by the City occasioned by, growing or
arising out of or resulting from or in any way related to: (i) the negligent, reckless, or intentional
misconduct of the Subdivider in regards to the Subdivision; (ii) any negligent, reckless, or
intentional misconduct of any of the Subdivider' s agents in regards to the Subdivision. Such
obligations shall not be construed to negate, abridge, or reduce other rights or obligations of
indemnity that would otherwise exist. The indemnification obligations of this Section must not be
construed to negate, abridge, or reduce any common-law or statutory rights of the indemnitee(s)
which would otherwise exist as to such indemnitee(s). Subdivider's indemnity under this Section
shall be without regard to and without any right to contribution from any insurance maintained by
City. Should any indemnitee described herein be required to bring an action against the Subdivider
to assert its right to defense or indemnification under this Agreement or under the Subdivider's
applicable insurance policies required below the indemnitee shall be entitled to recover reasonable
costs and attorney fees incurred in asserting its right to indemnification or defense but only if a
court of competent jurisdiction determines the Subdivider was obligated to defend the claim(s) or
was obligated to indemnify the indemnitee for a claim(s) or any portion(s)thereof.
In the event of an action filed against City or any of the indemnitee(s) resulting from the
City's performance under this Agreement, the City or an indemnitee may elect to represent itself
and incur all costs and expenses of suit.
Subdivider also waives any and all claims and recourse against the City or its officers,
agents or employees, including the right of contribution for loss or damage to person or property
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.
These obligations shall survive termination of this Agreement and the services performed
hereunder.
Glen Lake Commerce Subdivision—Improvements Agreement Page 5 of 9
7. Attorney Fees
In the event it becomes necessary for either party to this Agreement to retain an attorney
to enforce any of the terms or conditions of this Agreement, then the prevailing party shall be
entitled to reasonable attorney's fees and costs,including fees,salary,and costs of in-house counsel
including City Attorney.
8. Warranty
The Subdivider shall warrant against defects of all Improvements and that these
Improvements are made in a good and workman-like manner for a period of two (2) years from
the date of their written acceptance by the City.
9. Governing Law
This Agreement shall be construed according to the laws of the State of Montana. In the
event of litigation concerning this Agreement, venue is in the Eighteenth Judicial District Court,
Gallatin County, State of Montana.
10. Modification or Alterations
No modifications or amendment of this Agreement shall be valid, unless evidenced by a
writing signed by the parties hereto.
11. Invalid Provision
The invalidity or unenforceability of any provision of this Agreement shall not affect the
other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or
unenforceable provision were omitted.
12. No Assignment
It is expressly agreed that the Subdivider shall not assign this Agreement in whole, or in
part,without prior written consent to City.
Glen Lake Commerce Subdivision—Improvements Agreement Page 6 of 9
13. Successors
Except as provided in paragraph twelve(12),this Agreement shall be binding upon,ensure
to the benefit of,and be enforceable by the parties hereto and their respective heirs,successors and
assigns.
14. Filing
The Subdivider shall have this Agreement recorded in the Office of the Gallatin County
Clerk and Recorder within ten(10)business days of the signature of the Community Development
Director.
SUBDIVIDER
BY:,
GLEN LAKE HOLDINGS, LLC; DAN
ALEXANDE
TITLE: 4liq C--r-
STATE OF
:ss
County of
On this day of December 2018, before me, a Notary Public of the State of
personally appeared P44111 ,A /1/,.,K a,,,/w„known to me to be the subdivider that
executed the foregoing Improveme is Agreement, and acknowledged to me that (s)he executed
the foregoing instrument as 4V14 G.Cit_ of Glen Lake Holdings, LLC, and
acknowledged to me that(s)he executed the same for and on behalf of Glen Lake Holdings, LLC.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal
the day and year first above written.
HRIS BUDESKI
�
%, Notary Public ( ) G�Q-1,.5 f'�k� S 1��
%-� • for the State of Montana
�' n L•��` Bozemani Montana Notary Public for the State of ff1&r►T q-i
roF' oP,' My Commission Expires; Residing at ' Qac
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November 26,20�9 My Commission Expires: w. A ?1;/
(Use 4 digits for expiration year)
Glen Lake Commerce Subdivision—improvements Agreement Page 7 of 9
THE CITY OF BOZEMAN
BY: TIN NfATSEN,
DIRECTOR OF COMMUNITY DEVELOPMENT
CITY OF BOZEMAN
STATE OF MONTANA )
:ss
County of Gallatin )
2.019
On this ��J day of �ar mx L 29•b8;before me, a Notary Public for the State
of Montana, personally appeared Martin Matsen, known to me to be the person described in and
who executed the foregoing instrument as Director of Community Development for the City of
Bozeman, whose name is subscribed to the within instrument and acknowledged to me that he
executed the same for and on behalf of said City.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal on the day and
year first written above.
S�gMK�KLOOSTEAHOF
•+ F„: Notary Public S�Q���1n �OL7S �d3 1. 01Aelq� ;for the State of Montane
-- :*` Residing at, (Printed Name Here)
SF.A[�. Bozeman, Montana►utv�Commission Exp#ros: Notary Public for the State of Montana
Residing at
My Commission Expires: 3 1
(Use 4 digits for expiration year)
Glen Lake Commerce Subdivision—Improvements Agreement Page 8 of 9
EXHIBIT A
l3IGC:Ot1N RY Proposal
unn�scr4rY
Dale Estimate>t
120 Buckskin Road 12M2018 1591
Belgrade,MT 59714
406-388-2729
Nance 1 Address
Madison L.nginecrng
895 Tcchnolo gv Blvd.,Ste.203
Bozeman,MT 59718
FEProject
Description Total
OPP.N SPACE.LANDSCAPING BUDGE.TAl Gl-EN LAKE"COMMERCU.SUBMVISi(TN.
Site prep and final grading in indmic importing c reened totunil to tapdress area and create suitable 4,890.00
landscapc base 1'ar planling�%and seeding. We have budgeted hauling 100 CY of toptioli tit Otis link:.
Includes final grading,rocUtounding and preparation liw seeding.
*Budget assumes rough grudin8 and rough�buping of pond and bemts to he complctcxl by site corum-clor,
'Ifadcquala topsoil is left on-sitc wv can mcvaluate amount ofimporl necessnry omv rough grade has
been cotnrtleted.
plantings ur include:
(3)Colorado Blue Spruce 7-8' 930.00
(9)Quaking ASpcn 2"caliper 1,575,00
(4)Feather Reed Gran 49.00
(5)May Nights Salvia 60,00
Planting Litfw for the above treee and plants. 1,0 0,00
staking all trees with 6'wood gusts I80AU
6'Wildlife Prutcctinn Fencing hutallcd around aspen 315.00
Installation of4"steel edging to def ric plaiting bed area around signage,installation of weed Wrrict 95U W
fabric and deemative stunt mulch within planting area.
'Uplighting or clectrical tor signagc is nor inclutled within this proposal.
'Signage or mounting of sign is not included within Otis proposid.
Automatic irrigation system to include,drip irrigation for plantings within bed around ssgnage,bubhlcr 6,500.0U
irrigtnion I'or trees and overhead irrigation to native grass areas to allow I'm proper cstablishtrtent of m:cd
nets looposcd_
'Proposal does not include irrigation conneedmt point and power for irrigation controller,
Mechanical drill seeding of proposed Fairfield pasture aria within defnred open space area. 3,200.00
Total 619,72ft,rrir
Glen Lake Commerce Subdivision—Improvements Agreement Page 9 of 9