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HomeMy WebLinkAbout22- Agreement for Payment of Deferred Impact Fees and Ntc of Intent to Lien Henry Partners, LLC permit number 21-32138Returnto: CityofBozeman CityClerk PO Box 1230 BozemanMT 59771-1230 5 s a -G un ||1|||11111111111111|||||||1111|||I|||||l1111||||11111111||||||||1111111|| AGREEMENT FOR THE PAYMENT OF DEFERRED IMPACT FEES AND NOTICE OF INTENT TO LIEN THIS AGREEMENT ismade and enteredintothis -··---dayof ,2022, by and between Henry PartnersLLC,111 W.Lamme Street,Suite101,Bozeman MT 59715 hereinaftercalledthe"Obligor,"and theCityof Bozeman,a MunicipalCorporationof theState of Montana,hereinaftercalledthe"City." WHEREAS,itisthe intentand purpose of the Obligor to meet the requirementsof Commission Resolution#4433 toallowtheissuanceofbuildingpermit21-32138priortopayment of transportationimpact feesrequiredby 2.06.1640BMC on propertylocatedat315 N.Tracy Avenue and legallydescribedasLots1-6ofBlock3 ofBeall'sThirdAddition,PlatC-44-A located inSec.7,T2 S,R6 E of theP.M.M.,Cityof Bozeman,GallatinCounty,MT. WHEREAS,itistheintentof theObligortodeferpayment of transportationimpactfees untiloccupancy fortheconstructionauthorizedunderbuildingpermit21-32138;and WHEREAS,itistheintentand purposeof boththeObligorand theCitytoherebyenter intoan Agreement which willguaranteethe fulland satisfactorycompletionof the required payment;and itistheintentofthisAgreement,andofthepartieshereto,tosatisfytherequirements ofthemunicipalcode and Commission Resolution#4433. NOW,THEREFORE,inconsiderationofthemutualcovenantsand conditionscontained herein,itisherebyagreedasfollows: 1.Property Description This Agreement pertainsto and includesthose propertieswhich are designatedand identifiedas 315 N.Tracy Avenue and legallydescribedas Lots 1-6of Block 3 of Beall'sThird Page 1 of6 Agreement forPayment ofDeferred Impact Fees and Noticeof IntenttoLien Addition,PlatC-44-A locatedinSec.7,T2 S,R6 E of the P.M.M.,Cityof Bozeman,Gallatin County,MT. 2.Payment of Deferred Impact Fees This Agreement specificallyincludesthepayment of transportationimpactfeescalculatedfor buildingpermit21-32138,intheamount of$152,008.85(One Hundred Fifty-TwoThousand Eight dollarsand Eighty-Fivecents).Obligoracknowledgesthattheabove impactfeemust be paidin fullbeforetheCertificateofOccupancy may be issued.Obligoragreestopay theabove statedfee inaccordancewith thisagreement and Commission Resolution#4433 beforethe structure(s) identifiedinthebuildingpermitreferencedabove isoccupied. 3.Guarantee,Time forCompletion ofAgreement No occupancy ofthestructure,eithertemporaryorpermanentpriortofullpayment ofthedeferred transportationimpactfeeand completionof thisagreement.ThisagreementconstitutesaNotice ofIntenttoLienagainstthepropertyintheeventthatthedeferredimpactfeesarenotpaid.Should thefeesnot be paidtheCitymay withoutfurtheractionrecorda lienagainstthepropertyinthe fullamount ofthedeferredfeesasstatedabove and forcostsrequiredforcollectionofthedeferred fee. 4.Inspection Representativesof theCityshallhave therighttoenterupon thepropertyatany reasonabletime inorderto inspectitand todetermineiftheObligorisincompliancewiththisAgreement,and the ObligorshallpermittheCityand itsrepresentativestoenterupon and inspectthepropertyatany reasonabletime. 5.Default Time isof theessenceforthisAgreement.IftheObligorshalldefaultinor failtofullyperform any of itsobligationsinconformance withthetimescheduleunderthisAgreement theCitymay electtoenforceany ofthefollowingspecifiedremedies: A)The Citymay withholda CertificateofOccupancy and prohibituseoftheproperty. B)The Citymay,atitsoption,recorda lienagainsttheproperty. C)The Citymay enforceany otherremedy providedby law orthisagreement. 6.Indemnification Page 2 of6 Agreement forPayment ofDeferredImpact Fees and Noticeof IntenttoLien The Obligorherebyexpresslyagreesto indemnifyand holdtheCityharmlessforand againstall claims,costsand liabilityofeverykindand nature,forinjuryor damage receivedorsustainedby any person or entityin connectionwith,or on account of the performance of work at the development siteand elsewhere pursuantto thisAgreement,or delays in the issuanceof a CertificateofOccupancy pursuanttothisagreement.The Obligorfurtheragreestoaidand defend theCity intheeventthatitisnamed asa defendantinan actionconcerningtheperformanceof work pursuanttothisAgreement exceptwhere suchsuitisbroughtby theObligor.The Obligor isnotan agentoremployee oftheCity. 7.Governing Law and Venue ThisAgreement shallbe construedunder and governedby thelawsof theStateof Montana.In the event of litigationconceming thisAgreement,venue is in the EighteenthJudicialDistrict Court,GallatinCounty,Stateof Montana. 8.Changes inFee During DeferralPeriod The feesdue atconclusionof thedeferralperiodshallnotchange from theamount determinedin Section2.Intheeventtheamount offeesdue forthecategoryofdevelopmentfornewly submitted projectswhich isthesame categoryasthatwhich isthesubjectofthisagreementeitherdecreases or increasesno change intheamount offeesdue from theprojectwillbe made unlesstheproject constructsmore or lessdemand generatingimprovementsthanoriginallydepictedon thebuilding permitforthework.Intheeventofnon-payment additionalfeesforcollectioncostsand otherfees asestablishedby Resolution4433 willbe chargedinadditiontothedeferredtransportationimpact fee. 9.Attorney'sFees or Other Fees Intheeventitbecomes necessaryforeitherpartytothisAgreement toretainan attorneytoenforce any of theterms or conditionsof thisAgreement,then theprevailingpartyshallbe entitledto reasonableattorney'sfeesand costs,toincludethesalaryand costsof in-housecounselincluding CityAttorney.Otherfeesand costsmay be incurredas setforthinResolution4433 relatingtothe enforcementofthisagreement. 10.Modificationsor Alterations No modificationsor amendment of thisAgreement shallbe valid,unlessagreedto inwritingby Page 3 of6 Agreement forPayment ofDeferredImpact Fees and Noticeof IntenttoLien thepartieshereto. 11.InvalidProvision The invalidityor unenforceabilityof any provisionof thisAgreement shallnotaffecttheother provisionshereof,and thisAgreement shallbe construedinallrespectsas ifsuch invalidor unenforceableprovisionwere omitted. 12.No Assignment ItisexpresslyagreedthattheObligorshallnotassignthisAgreement inwhole,or inpart,without priorwrittenconsentoftheCity. 13.Successors Exceptas providedinparagraph10,thisAgreement shallbe bindingupon,enuretothebenefitof, and be enforceableby thepartiesheretoand theirrespectiveheirs,successorsand assigns. ####END OF AGREEMENT EXCEPT FOR SIGNATURES #### Page 4 of 6 Agreement forPayment of Deferred Impact Fees and Noticeof IntenttoLien CORPORATION Henry PartnersLLC STATE OF MONTANA ) )ss. County ofGallatin ) On this day of hi f ,2 2,beforeme theundersigned,a Notary PublicfortheStateofMontana,personallyappeared.MÅl bin n known to me tobe the MCLnG of Henry Part rs LLC,the corporationthat executedthewithininstrument,and acknowledged tome thathe executedthesame forand on behalfofsaidcorporation. IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe day and yearfirstabove written. LAUREN J CUMMINÓ NotaryPublic 0 AR/4.TOrtheStateofMontan Residingat:Nota li StateofMoM*.SEAL.Bozeman,Montana ·at ozeman eptm er 4,38 My Commissio ire Page 5 of6 Agreement forPayment of Deferred Impact Fees and Noticeof IntenttoLien THE CITY OF BOZEMAN Anna Bentley InterimCommunity D pment Director. STATE OF MONTANA ) )ss. County ofGALLATIN ) On thisday 99 of MMfh ,2022,beforeme,a Notary PublicfortheState of Montana,personallyappearedAnna Bentley,known to me to be thepersondescribedinand who executedthe foregoinginstrumentas Community Development Directorof the City of Bozeman,whose name issubscribedtothe withininstrumentand acknowledged tome thatshe executedthesame forand on behalfof saidCity. IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe day and yearfirstabove written. "¿p*,,,,,SHANN OSTERHOF 00 h eiic Notary PublicfortheStateofMontana o fortheStateofMontana Residingat µMT SEAL.soze Mo tana My Commission Expires:3-1F % My CommissionExpires:(Use fourdigitsforexpirationyear) ,,1,,e March17,2o25 Page 6 of 6