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HomeMy WebLinkAbout8_Proposed Park Development_04-04-2018 CAPITAL PARTNFRS 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 Fauns 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 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. Sincerely, k'�O Will Ralph,PE,LEED AP Director of Development Bozeman Apartment Group,LLC FERGUSON PARK COST CALCULATIONS, IMPROVEMENTS AND CASH IN LIEU ICON APARTMENT HOMES AT FERGUSON FARMS 3.14 acre deficit STANDARD PARK IMPROVEMENTS 1.00 acre park 2.37 acre cash in lieu Park area in SF 43,560.00 136,778.40 Mobilization, site preparation and seeding @ $0.50/SF $21,780.00 $68,389.20 Irrigation @ $25,000/AC($0.57/SF) $25,000.00 $78,500.00 Boundary survey and corner posts $2,000.00 $2,000.00 Street trees: 28 trees @$425 ea $6,800.00 $6,800.00 Sidewalks:834 LF of 6 ft x 6" concrete @$6 SF $30,024.00 $30,024.00 TOTAL COST OF STANDARD IMPROVEMENTS $85,604.00 $185,713.20 LAND COST land cost for unzoned vacant property @$1.23/SF $53,578.80 $168,237.43 TOTAL PARK COST(LAND+STANDARD IMPROVEMENTS) $139,182.80 $353,950.63 cost per SF $3.20 $2.59 CASH IN LIEU FOR 2.37 ACRES land cost for unzoned vacant property @$1.23/SF $53,578.80 $126,981.76 TOTAL IMPROVEMENTS PLUS CASH IN LIEU $480,932.39 PARK ELEMENTS: Picnic pavilion—25 'x 30' $65,110.00 Picnic pavilion—16 'x 16' $39,800.00 4 picnic tables $7,200.00 12 Benches $37,440.00 3 Grills $1,440.00 Basketball Court 50'x84, stripping, hoops $34 900.00 3 waste containers I$5,250.00 Dog park equipment,fence, artificial turf, pet station $87,140.00 Trees-68 deciduous, 7 evergreen $28,155.00 5-gallon shrubs(26) $1,196.00 1-gallon ornamental grasses(32) $608.00 Barrier-free parking sign and ramp $500.00 Concrete walkways(interior) $57,498.00 Playground Equipment $49,278.00 Sof Fall Playground Surfacing (12" depth for 2,835 sf) $4,466.00 Upgrade from seed to sod $10,085.00 Crushed rock $490.88 mowcurb $1,916.00 TOTAL COST OF PARK IMPROVEMENTS $432,472.88 _ ( ` ` ` ) {� ^ c � ! ------ ------- ---- ------- 2/ :G : 4> 2 > > as3 : 7a > > » a55SG \ \\ 1.0 \~ � ^ , ; ; \_ _ � _ �, \ � | � cc j �\ r� \\\\\}� \ \\\\\ _G\ )! � }z sm § : g § 4 § % § @EnnaneEa » § / ; ; a -----.- - .-- / . _manEKmmmEmzzmama@EsmKa MIMI-- \\\\\ \\$ \ \\\\\\)! !; ® � A ) \ § / { , \ \ = // / l33jz2om „ 2 : nnn & = , 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 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 3 8.27.080 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. 2 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. 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. 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. 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 CITY standards or in the event that any of the landscaping becomes a safety issue, 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 3 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. 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 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 8. Interpretation. This Agreement shall not be construed in favor of or against either parry. It shall be construed neutrally. 9. 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. 10. Recording. The CITY and OWNERS agree that this Agreement shall be recorded against the real property described on Exhibit"A"hereto. 4 DATED this day of 20 By: Ken LeClair STATE OF MONTANA ) ss County of Gallatin ) On this_day of 120 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 5 Delaney and Company, Inc. By: Title: STATE OF MONTANA ) ss County of Gallatin ) On this day o f 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 6 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 7