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HomeMy WebLinkAboutWaiver of SIDS_5-13-2020 WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL IMPROVEMENT DISTRICTS FOR: Palisades Site Plan We, the undersigned Owners of the real property situated in the County of Gallatin, State of Montana, and more particularly described as follows: Lot 5B, Amended Plat of Lot 5, Annie Subdivision, Phase 2 located in the Northeast Quarter of Section 2, Township 2 South, Range 5 East of P.M.M., City of Bozeman. Gallatin County, Montana. IN CONSIDERATION of receiving site plan approval from the City of Bozeman for the Palisades Site Plan, along with accompanying rights and privileges and for other valuable consideration, the receipt of which is hereby acknowledged, and in recognition of the impacts to City transportation and infrastructure systems that will be generated by the development of the above-described property, do hereby for ourselves, our heirs, personal representatives, successors and assigns, waive the right to protest the creation of one or more special improvement districts (SID’s) for the following: 1. Street improvements to West Oak Street including paving, curb/gutter, sidewalk, and storm drainage. 2. Street improvements to North 27th Avenue including paving, curb/gutter, sidewalk, and storm drainage. 3. Street improvements to North 25th Avenue including paving, curb/gutter, sidewalk, and storm drainage. 4. Street improvements to Tschache Lane including paving, curb/gutter, sidewalk, and storm drainage. 5. Intersection improvements for Tschache Lane and North 27th Avenue. 6. Intersection improvements for West Oak Street and Tschache Lane. 7. Intersection improvements for West Oak Street and North 27th Avenue. Or to make any written protest against the proposed work or against the extent or creation of the districts (SID’s) 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 liability company, provided however this waiver shall apply to the lands herein described. The terms, covenants and provisions of this waiver shall extend to, and be binding upon the successors-in-interest and assigns of the Landowner. DATED this _____ day of __________________, 201___. PROPERTY OWNER: Lot 1 – LAND LINK, LLC __________________________________________ By: __________________________ Its: __________________________ STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On this _____ day of _______________, 201___, before me, the undersigned, a Notary Public for the State of Montana, personally appeared _________________, known to me to be __________________ of Land Link, LLC, an Montana Limited Liability Company, and acknowledged to me that they executed the same for and on behalf of said 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) Notary Public for the State of Montana Printed Name: ______________________ Residing at _________________________ My Commission Expires:______________ G:\C&H\18\180137\Easements And Waivers\Waiver Of SIDS.Docx