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HomeMy WebLinkAboutWaiver of right to protest SID - Blackmore WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL IMPROVEMENT DISTRICTS FOR EAST MAIN INVESTMENTS, LLC We, the undersigned Owners of the real property situated in the County of Gallatin, State of Montana, and more particularly described as follows: ELKS CLUB PROP REARR, S08, T02 S, R06 E, ACRES 1.13, TRACT 1, PLAT H-29, ELKS CLUB PROP REARR, 508, T02 S, R06 E, ACRES 0.888, TRACT 5D IN SW4, PLAT H-29-D and ELKS CLUB PROP REARR, S08. T02 S, R06 E, ACRES 2.309. TRACT 5C IN SW4, PLAT H-29-D IN CONSIDERATION of receiving Master Site Plan Approval from the City of Bozeman, along with accompanying rights and privileges and for other and valuable consideration, the receipt of which is hereby acknowledged, in recognition of traffic impacts that will be generated by the development of the above-described property, have waived and do hereby for ourselves, our heirs, personal representatives, successors and assigns, the right to protest the creation of one or more special improvement districts for the construction of the following improvements a) Street improvements to Highland Boulevard including paving, curb/gutter, sidewalk, and storm drainage b) Street improvements to Haggerty Lane including paving, curb/gutter, sidewalk, and storm drainage c) Intersection improvements to E. Main Street and Highland Boulevard d) Intersection improvements to E. Main Street and Haggerty Lane or to make any written protest against the proposed work or against the extent or creation of the districts to be assessed in response to a duly passed resolution of intention to create one or more special improvement districts which would include the above-described property. In the event an SID is not utilized for the completion of these improvements, the developer agrees to participate in an alternate financing method for the completion of said improvements on a fair share, proportionate basis as determined by square footage of property, taxable valuation of the property, traffic contribution from the development or a combination thereof. This waiver shall be a covenant running with the land and shall not expire with the dissolution of the limited partnership, provided however this waiver shall apply to the lands herein described. The terms, covenants and provisions of the Waiver shall extend to, and be binding upon the successors-in-interest and assigns of the parties hereto. DATED this 1 st day of March,.2017. By: Donald.E. Cape, Jr. Title: Managing Member STATE OF MONTANA ) :ss ) County of Gallatin ) On this_'i?�—day of &;M'LL , 20 / , before me, a Notary Public for the State of Montana, personally appeared (I (= known to me to be the of the corporation that executed the foregoing"Var�er of Right to Protest, and acknowledged to me that he/she executed the same for and on behalf of said corporation. IN WITNESS WHEREOF, I have hereunto set my hand and set my seal the day and year first above written. (SEA. ) / SHIRLEY VI SER Notary Public fdr the State of Montana 'ssL; Notary Public '•No1A�IAr :for tho State of fv1ontana Residing at: Belgrade, Montana (Printed N e) My Commission Expires: January 28, 2020 Residing at My Commission expires: L/ L,L,. /20:?--)