The URL can be used to link to this page

Home My WebLink About22- Affidavits - Call for Offers - Fire Station 1 AFFIDAVIT OF PUBLICATION Addendum to the Call for Offers for the Sale The parking lease incentive STATE OF MONTANA, of Fire Station 1 Property will only be available if re- development of the Proper- COUNTY OF GALLATIN February 2,2022 ty requires the use of these spaces. In addition, these The City of Bozeman spaces are only available as I Margo Haft,Legal Specialist being first duly sworn, depose ("City") issues this Adden- the "last in"spaces; meaning, and saythat I am the principal clerk of the publisher of the for to its Call for offers other reductions from mini- and p p p for the Sale of Fire Station mum parking requirements Bozeman Daily Chronicle a newspaper in general circula- 1 issued in Aug ,ust 2021. possib ee usedidered prior ondreli- that I know The City is currently seek- ance on the parking spaces tiori Bozeman Gallatin County Montana; ing approval from the Down- available under this incentive. rbanenewal Board, from my personal knowledge that the Legal# 105390 Ad- the nBo ema n Transportation The above incentives, if ap- Board (acting as the Parking proved, would be available dendum to the Call for Offers for Commission), and the City at the time of occupancy of Commission to offer two in- redevelopment of the Prop- a printed copy of which is hereto annexed,was published in centives to ensure the long- erty subject to the City and term availability of affordable buyer entering into an agree- the entire issue of said newspaper for: 2 housing units on the Fire Sta- ment that would reimburse the tion 1 property (the "Proper- purchaser/developer for the ty").At this time,neither of the costs of installation of public potential incentives described infrastructure or other coats below have received final authorized by 7-15-4288,MCA Insertion(s) in the following issues: 02/06/22, 02/13/22 approval but the City Man- at the time of submission of ager anticipates the approval a site plan application for re- processes will be completed development of the Property. prior to the City entering into a purchase and sale agree- If redevelopment does not ment. If the City's selected occur within two years from proposal relies on the incen- the date of closing, the tives described below these above incentives will expire. items will be included in the Total Cost: $180.00 purchase and sale agreement. In considering the above possible incentives, the City The City requests respons- requests you indicate in your es to this Addendum no lat- response how many afford- er than 12:00 PM (noon)on able housing units you would Tuesday, February 22,2022. provide, at which price points, and for what duration.In your Responses to this Addendum response, please clearly de- should address how a buy- scribe the proposed deed er would provide affordable restriction or covenant com- housing on the Property in mitments.Specifically,the City consideration of the follow- requests you provide sample ing incentives.The incentives language that would ensure the City Manager is currently the long-term affordability of Subscribed and swor M Haft befo me on: seeking approval to provide at these housing units and how yar go the time of future development the units will be managed and On 14th day of February, in the year of 2022 of the Property include: resident eligibility verified.The deed restriction or covenant • $1.6 million in project will be a requirement of the subsidies from the Down- purchase and sale agreement town Bozeman Tax Incre- and must be executed and be ment Financing District recorded at the time of closing. for eligible project related expenses as provided Any proposal under this ad- for in 7-15-4288, MCA. dendum must also recog- nize the City may not sell • The City would provide real property for less than the opportunity to enter 90% of the appraised value; Notary Public for S ate of Montana Residing at Boze- into long-term leases for as such, the proposal must up to twelve (12) off-site include a cash purchase man,Montana parking spaces in a City component for at least 90% operated parking facil- of appraised value. The ap- ity as allowed by Sec. praisal for the Property can be 38.540.070, BMC.At the found here or available from discretion of the City,the Ryan Springer at the contact spaces may be available information provided below. in the Rouse Ave.lot,and the City may also con- The City Commission must --- sider allowing a shared approve the purchase and KESSLY LOVEC parking agreement for sale agreement by ordi- ��`� '• '' F' Notan/Public spaces at Bozeman City Hance. The Commission's �'aoT�Riq�� f ,the State of Montana Hall. Lease payments consideration of the ordi- �' site of M would be the respon- nance will occur on Tuesday, E r -�� jon sibility of the owner at March 8,2022.The City will « + • �t v �- - rates normally charged allow a limited due diligence Nl,;C:ornmi>sion Expk,- the public, which are period after the effective ,_u i,i-,,31,2023 currently $60/month and date of the ordinance ap- ""` are subject to annual in- proval the purchase and sale creases. Leases would agreement not to exceed 45 not be for dedicated days with closing to occur spaces in these facilities. on or about June 15, 2022. Lease payments would begin at the time of oc- The City reserves the right AD#200069 cupancy of future devel- to consider submissions to opment on the property its original Call for Offers AD#200069 in addition to any submis- sions under this Addendum. The City may reject any of- Addendum to the fer or negotiate with any Call for Offers for the Sale person or entity who has of Fire Station 1 Property submitted an offer under this Addendum or prior to February 2,2022 the issuance of this Adden- dum or after the issuance of The City of Bozeman this Addendum.The City re- ("City') issues this Adden- serves the right to negotiate dum to its Call for Offers a cash-only agreement with for the Sale of Fire Station any person or entity submit- 1 issued in August, 2021. ting under the original Call for Offers or this Addendum The City is currently seek- that does not include an ing approval from the Down- affordable housing compo- town Urban Renewal Board, nent in reliance on the m_ the Bozeman Transportation centives described above. Board (acting as the Parking i Commission), �- City All materials in response to this Commission -- Addendum must be emailed to centives to ensure the long- Ryan Springer, Sterling CRE term availability of affordable Advisors, at Ryan.Springer@ housing units on the Fire Sta- SterlingCREadvisors.com by tion 1 property (the "Proper- 12:OOPM (noon) on Tuesday, ty").At this time,neither of the FEBRUARY 22,2022.All sub- potential incentives described missions are considered public below have received final information and subject to pub- approval but the City Man- lic disclosure.Questions about ager anticipates the approval this process may be directed processes will be completed i to Mr. Springer at this email prior to the City entering into address or 406-579-5586. a purchase and sale agree- MNAXLP ment. If the City's selected proposal relies on the incen- tives described below these aNa�pa, m awmvi6_ u� 7 praisal for the Property can be found here or available from