HomeMy WebLinkAbout22- Conditional Irrevocable Offer of Dedication - The IvesReturn to:
City of Bozeman -==
City Clerk
PO Box 1230 2774183Bozeman,MT 59771-1230
City of Bozeman Conditional Irrevocable
Offer of Dedication
This Irrevocable O fer to Dedicate and Declaration of Restrictions(hereinafter"Offer")is
made this Mday of '|2022,by Ives Property Owner,LLC,a Delaware limited
liabilitycompany locatedat 111 W.Lamme Street,Suite 101,Bozeman,MT 59715 (hereinafter
referredto as "Grantor").
WHEREAS,Grantor isthe legalowner in simple fee interestof certainrealpropertieslocated
intheCounty of Gallatin,Stateof Montana,and describedas Lot 1A of Amended SubdivisionPlatC-
44L,on fileand ofrecord intheofficeof the Clerk and Recorder of saidCounty (hereinafterreferred
toas the "Property")and
WHEREAS,Grantor applied to the City of Bozeman (the"Municipality")for approval to
undertake development as definedin Chapter 38.7,BMC withinthe City of Bozeman (hereinafterthe
"Permit");and
WHEREAS,approval of Application#21165,The Ives,was grantedon December 20,2021,
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
access and/orallow simultaneousconstructionof 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,thewater 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,pursuant to said
finalapprovalof the Permit;and,
WHEREAS,itisintendedthatthisOffer isirrevocableand 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
approval forapplicationno.#21165,the Grantor hereby offersto dedicateto the
Municipality,the sewer and water improvements and streetinfrastructureconstructed or be
constructedupon the realpropertyas specificallysetforth,describedand identifiedin the plansand
specificationsissuedor prepared by Stahly Engineering and Associates,851 BridgerDrive,Suite 1,
Bozeman,MT,Project2225-01320,dated November 16,2021 (with subsequent approved revisions),
which are by thisreferenceincorporatedinthisinstrument.
L 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 theissuanceof thefinalPermit referenceherein,
be effectivelimitationson the use and access of the Property by Grantor and shallbind the Grantor
and all successors and assigns.This Offer shallbenefitthe Municipality only so long as said
improvements and infrastructuresforsewer and water existon the Property.
2.Construction and Validity.Ifany provisionof theseRestrictionsisheld 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
benefitof the successorsand assigns of both the Grantor and the Municipality,whether
voluntaryor involuntary.
4.Limitations.The constructionand otherstandardsadopted orutilizedby theCity
of Bozeman regarding legalform,constructionmaterials,warranty,and allother elements
relatingto improvements or infrastructureconstructedor be constructedpursuant to the Permit
shallbe fullyapplicable.
5.Term.This irrevocableOffer of Dedication shallbe binding forthe durationof
FinalSitePlan approvalprocess.Upon writtenacceptance ofthisOffer by theMunicipality,this
Offer and the terms,conditions,and restrictionshereof shallexistin perpetuity,shallhave the
effectof a grantby Grantor,subjectto the conditionsstatedherein,and shallrun with theland
and be binding on the parties,theirheirs,assigns,and successors,PROVIDED,HOWEVER,
thisgrantshallbe nulland void ifthePermit referencedhereinisnot grantedand issuedby the
Municipalityon orbeforeone year afterthedateof FinalPlan approvalor extensionsof thedate
of approval.
Ives Property Owner,LLC,a Delaware limitedliabilitycompany
By:The Ives,LLC,a Delaware limitedliabilitycompany
Block 4,LLC,a Montana limitedliabilitycompany
By:
Andy Holloran,ItsManager
Stateof h-jng )
:ss:
County of hc//chh )
On this day of 2022 before me personally appeared
./.h //a ,w se identitywas proved to me on the basisof satisfactory
evidence tebe thepersons whose name issubscribedtothisinstrument,and acknowledged that
s/he executed the same as Members of,and for and on behalf of
/k3Tæpc-A O,~r-r /Lc.
LAUREN J CUMMINGS PrintName:~T~.C -;9
oT^8 fortheStat o ontana
esidingat:Notary Pub r th e of VYEALBozeman.Montana Residing at rytp
OT My Commission Expires:nos
ACCEPTED:
CITY OF BOZEMAN,MONTANA
Ci an .
ATTEST:
CityClerk ..........
°
STATE OF MONTANA )
)ss
County ofGallatin )
20 22
On this 1]day of r \2&26,beforeme,the undersigned,a
Notary PublicfortheStateof Montana,personallyappearedJEFF MIHELICH and MIKE MAAS,
known tome tobe theCityManager and CityClerkfortheCityof Bozeman,respectively,and the
persons whose names are subscribedto the within instrument,and acknowledged to me thatthey
executedthesame forand on behalfoftheCityof Bozeman.
IN WITNESS WHEREOF,I have hereuntosetmy hand and affixedmy Notarial
Sealtheday and yearfirstabove written.
TAYLOR CHAMBERS .
o 9M¾¿,'%NotaryPub(SEAL)(QA
oun fortheStateofMontana Notary P licfortheStateofMontana
SËÃL Boze °tª"ªResidin atBozeman,Montana
...d My commissionExpires:My Commission Expires O|.t2 2 0 2 6oFMOJanuary12,2025