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HomeMy WebLinkAbout22- Conditional Irrevicable Offer of Dedication - 19th Capital Group - University CrossingReturnDocum to: LocatiAr ects 1007 .am StreetSuite202 1 à 4 censnan omse m m moo Boreman,MT 59715 EricSemerad-GallatinCounty,MT MISC ||||1111WillllllHillllllllllllllllllllllllkllllllllHillllllllllHilllllll Return to: City of Bozeman City Clerk PO Box 1230 Bozeman,MT 59771-1230 City of Bozeman Conditional Irrevocable Offer of Dedication This Irrevocable Offer to Dedicate and Declaration of Restrictions(hereinafter"Offer")is made this20th day of June 2022,by 19th Capital Group,LLC,19 Lariat Loop,Bozeman MT, 59715-9200 (hereinafterreferredto as "Grantor"). WHEREAS,Grantor isthe legalowner in simple feeinterestof certainrealpropertieslocated inthe County of Gallatin,Stateof Montana,and describedas MINOR SUB 503,S14,T02 S,RO5 E, LOT 1,ACRES 1.56,on fileand of record in the officeof the Clerk and Recorder of said County (hereinafterreferredto as the "Property")and WHEREAS,Grantor applied to the City of Bozeman (the "Municipality")for approval to undertake development as defined in Chapter 38.7,BMC withinthe City ofBozeman (hereinafterthe "Permit");and WHEREAS,approval of Application21327 #was granted on August 9*,2022,by the Municipalityinaccordance with theprovisionsof Title38,BMC,hereby incorporatedby reference; and WHEREAS,Grantor wishes to meet the requirements of Title38,BMC,to provide public access and/orallow simultaneous constructionof infrastructureand improvements which willlaterbe grantedtotheMunicipality,with thebuildings,remaining improvements and land appurtenantthereto to remain inprivateownership,as authorizedin Section38.270.030.C;and WHEREAS,thewater and sewer improvements and streetinfrastructureappurtenanttoand to be installedor constructedon or under the above describedlands,and infrastructureand/or interests thereinare to be dedicated to the Municipality,freeand clearof allencumbrances,pursuant to said finalapproval of the Permit;and, WHEREAS,itisintendedthatthisOffer isirrevocableand shall,upon writtenacceptanceby the Municipality and finalapproval of the Permit referencedherein,grant allrightsof use or access formaintenance and repairof the saidimprovements and infrastructureoffered; NOW THEREFORE,in considerationof the granting of,and conditioned upon,the final approval forapplicationno.21327 #,the Grantor hereby offersto dedicatetothe Municipality,the sewer and water improvements and streetinfrastructureconstructed or be constructedupon the realproperty as specificallysetforth,describedand identifiedin the plans and specificationsissued or prepared by C&H Engineering and Surveying,1091 Stoneridge Drive, Bozeman,MT Project21327 #dated August 1,2022 (withsubsequent approved revisions),which are by 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 theissuanceof the finalPermit 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 infrastructuresfor sewer and water existon the Property. 2.Construction and Validity.Ifany provisionof theseRestrictionsisheld to be invalidor forany reason becomes unenforceable,no other provisionshallbe thereby affected or impaired. 3.Successors and Assigns.The terms,covenants,conditions,exceptions, obligations,and reservationscontained in this Offer 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 constructedpursuantto thePermit shallbe fullyapplicable. 5.Term.This irrevocableOffer of Dedication shallbe binding forthe durationof FinalSitePlan approvalprocess.Upon writtenacceptance of thisOffer by theMunicipality,this Offer and the terms,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 ifthe Permit referencedherein isnot grantedand issuedby the Municipalityon or beforeone year afterthedateofFinalPlan approval orextensionsof the date of approval. 19thCapi i Group,/ By:1/L i ture)(print) Its Éf1 By: (signature)(print) Its Stateof bo) :ss: County of eMA) On this .20 day of br),2022 before me personally appeared 3a..n i d f chGoc-f:.,whose identitywas proved tome on thebasisof satisfactory evidence tobe thepersons whose name issubscribedtothisinstrument,and acknowledged that s/he executed the same as Members of,and for and on behalf of l¶½Ú_oyiki t-oq,lLC PrintName: KIRSTEN L SMITH Signed: o fortheStat o ontana o a icfor ateo Residingat:Residing at: A "ªMy Commission Expires:/la / August18,2022 ACCEPTED: CITY OF BOZEMAN,MONTANA Cit er ATTEST: CityC erk STATE OF MONTANA ) )ss County of Gallatin On this day of 2022,before me,the undersigned,a Notary PublicfortheStateof Montana,personally peared JEFF MIHELICH and MIKE MAAS, known tome tobe theCityManager and CityClerk forthe Cityof Bozeman,respectively,and the personswhose names are subscribedto the withininstrument,and acknowledged to me thatthey executedthe same forand on behalfof theCityof Bozeman. IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy Notarial Sealtheday and yearfirstabove written. (SEAL) otaryPilblicforthe Stateof Montana esidii atBozeman,Mont na ommission Expires OTAR .fortheStateofMontana Residingat: ·.SEAL.Bozeman,Montana