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HomeMy WebLinkAbout21- Conditional Irrevocable Offer of Dedication - Last Best Properties, LLC - Lot 1, Block 5 of Southbridge Subdivision Phase 1A2744295 IlllllllEllllllllllllllllllllllHl111111||||111111111|||1||||||1|||||||1||||||||14|||| City ofBozeman Conditional Irrevocable Offer of Dedication This Irreefvcable Offyto Dedicate and Declaration of Restrictions(hereinafter"Offer")is made this/Y'-day of 4 Ú 2021,by LAST BEST PROPERTIES,LLC,OF 2149 DURSTON ROAD,STE 34 (hereinafterreferredto as "Grantor"). WHEREAS,Grantor isthelegalowner in simple feeinterestof certainrealpropertieslocated in the County of Gallatin,State of Montana,and described as Lot 1,Block 5 of Southbridge Subdivision Phase 1A,on fileand of record in the officeof the Clerk and Recorder of saidCounty (hereinafterreferredto as the "Property")and WHEREAS,Grantor appliedto the City of Bozeman (the "Municipality")for approval to undertake development as definedin Chapter 38.7,BMC within the City of Bozeman (hereinafterthe "Permit");and WHEREAS,approval of Application#20173 was grantedon May 12,2021,by the Municipalityinaccordance with the provisionsof Title38,BMC,hereby incorporatedby reference; and WHEREAS,Grantor wishes to meet the requirements of Title38,BMC,to provide public accessand/orallow simultaneous constructionof infrastructureand improvements which willlaterbe grantedtothe Municipality,with thebuildings,remaining improvements and land appurtenantthereto to remain in privateownership,as authorizedin Section38.270.030.C;and WHEREAS,the water and sewer improvements and streetinfrastructureappurtenantto and to be installedor constructedon or under the above describedlands,and infrastructureand/or interests thereinare to be dedicatedto the Municipality,freeand clearof allencumbrances,pursuantto said finalapproval of the Permit;and, WHEREAS,itisintendedthatthisOfferisirrevocableand shall,upon writtenacceptanceby the Municipalityand finalapproval of the Permit referencedherein,grantallrightsof use or access formaintenance and repairof the saidimprovements and infrastructureoffered; NOW THEREFORE,in considerationof the granting of,and conditioned upon,the final approvalforapplicationno.20173,the Grantor hereby offersto dedicateto the Municipality,the sewer and water improvements and streetinfrastructureconstructed or be constructedupon the realproperty as specificallysetforth,describedand identifiedin the plans and specificationsissued or prepared by Caddis Engineering &Land Surveying,P.C.,of 226 Timberline Drive,Bozeman,MT Project20173 dated April 6,2021 (with subsequent approved revisions),which areby thisreferenceincorporatedinthisinstrument. 1.Benefit and Burden.This Offer shallrun with and burden the Property and all obligations,terms,conditions,and restrictionshereby imposed shallbe deemed to be covenants and restrictionsrunning with the land and shallbe,upon the issuanceof the finalPermit referenceherein, be effectivelimitationson the use and access of the Propertyby Grantor and shallbind the Grantor and allsuccessors and assigns.This Offer shall benefitthe Municipality only so long as said improvements and infrastructuresforsewer and water existon the Property. 2.Construction and Validity.Ifany provisionof these Restrictionsisheld to be invalidor for any reason becomes unenforceable,no otherprovisionshallbe thereby affected or impaired. 3.Successors and Assigns.The terms,covenants,conditions,exceptions, obligations,and reservationscontained in thisOffer shallbe binding upon and inure to the benefit of the successors and assigns of both the Grantor and the Municipality,whether voluntaryor involuntary. 4.Limitations.The constructionand otherstandardsadopted orutilizedby theCity of Bozeman regarding legal form,constructionmaterials,warranty,and allother elements relatingto improvements or infrastructureconstructedor be constructedpursuant tothe Permit shallbe fullyapplicable. 5.Term.This irrevocableOffer of Dedication shallbe binding forthe durationof FinalSitePlan approvalprocess.Upon writtenacceptanceofthisOfferby theMunicipality,this Offer and theterms,conditions,and restrictionshereof shallexistin perpetuity,shallhave the effectof a grantby Grantor,subjectto the conditionsstatedherein,and shallrun with the land and be binding on the parties,theirheirs,assigns,and successors,PROVIDED,HOWEVER, thisgrantshallbe nulland void ifthePermit referencedhereinisnot grantedand issuedby the Municipalityon or beforeone year afterthedateof FinalPlan approval or extensionsof thedate of approval. LAST BEST S,LLC Tigiiänir (print) Its /?a v 9 Stateof M8(ttL) .:ss: County ofba Otth) On this day of UL 2021 before me personally appeared /MG Id ÍA Ú^d r ,whos'eidentitywas proved tome on thebasisof satisfactory evidence tobe the persons whose name issubscribedto thisinstrument,and acknowledged that s/he executed the same as Members of,and for and on behalf of ilÒ 9SÒTopefÑts ,LLD. PrintName: SARAH GRACEY Signed: fortheStateo ontana Notary Public forthe Stateof Resicungat:Residing at: es:My Commission Expires: January18,2025 ACCEPTED: CITY OF BOZEMAN,MONTANA City an r y op ATTEST:¥/. City Clerk STATE OF MONTANA ) )ss County of Gallatin ) On this day of f7(Ñ 2021,before me,the undersigned,a Notary PublicfortheStateofMontana,person llyhpeared JEFF MIHELICH and MIKE MAAS, known to me tobe theCityManager and CityClerk fortheCityof Bozeman,respectively,and the personswhose names are subscribedto thewithin instrument,and acknowledged tome thatthey executedthe same forand on behalfofthe CityofBozeman. IN WITNESS WHEREOF,I have hereuntosetmy hand and affixedmy Notarial Sealtheday and yearfirstabove written. v";p,,HEATHER Bi E NotaryPublic otaryPublicforthe Stateof Montana n s no t ResidingatBozeman,Montana SEAL Bozernan,Montana My Commission Expires anu 2c2