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HomeMy WebLinkAbout22- Waiver of Right to Protest Creation of SID - Trout Meadows Phase 3 Apartmnets2780988ozean E Semra -G u M S ityClerk PO Box 1230 Bozeman MT 549771.1230 WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL DISTRICT OR SPECIAL IMPROVEMENT DISTRICTS TROUT MEADOWS PHASE 3 APARTMENTS The undersigned owner of therealpropertysituatedinthe County of Gallatin,Stateof Montana, and more particularlydescribedas follows: Lots lA and 6A in Block 5 &Lots 6A and 7A inBlock 6 of the Amended Platof Lots 1-10 in Block 5 &Lots 1-11 &OSPA 1 inBlock 6 of the Platof CattailLake Subdivision,Phases 1 & 2,locatedin the SWl/4 of Section 26,TlS,R5E,P.M.M.,City of Bozeman,GallatinCounty, Montana. IN CONSIDERATION of receivingapprovalforSitePlan of the subjectpropertyfrom theCity of Bozeman,along with accompanying rightsand privilegesand forother and valuableconsideration, the receiptof which is hereby acknowledged,and in recognitionof the impacts to Davis Lane and CattailStreetwhich willbe caused by thedevelopment ofthe above-describedproperty,theowner has waived and does hereby waive foritself,itssuccessorsand assignsforevertherighttoprotestthecreation of one or more specialdistrictsor specialimprovement districtsfor the design and engineering, 1 constructionand maintenance of following improvements:lighting,paying and subgrade material, fiberopticconduit,curb/gutter,sidewalk,storm drainage facilities,and trafficsignalsfor: a.Street improvements to Davis Lane from East Valley Center to Baxter Lane including paying,curb/gutter,sidewalk,and storm drainage, b.Street improvements to Cattail Street from Ferguson Avenue to North 27th Avenue including paving,curb/gutter,sidewalk,and storm drainage. c.Intersectionimprovements to CattailStreetand Davis Lane. Landowner agrees the City has the solerightto controlthe design and constructionof such improvements and may include any of the above components and others necessary to ensure such improvements comply with all adopted City infrastructureplans and requirements.Further,the Landowner waives itsrightor to make any writtenprotestagainstthe size or area or creationof the districtbe assessedin response to a duly passed resolutionof intentionto createone or more special improvement districtswhich would includethe above-describedproperty. Intheevent a specialdistrictor specialimprovement districtisnotutilizedforthe completion of these improvements,the developer agrees to participatein an alternatefinancing method for the completion of said improvements on a fairshare,proportionatebasisas determined by the City on the basisof the square footage of property,taxablevaluationof the property,trafficcontributionfrom the development or a combination thereof. This waiver ismade forthe benefitof theproperty describedhereinshallbe a covenant running with the land. The terms,covenants and provisionsof thiswaiver shallextend to,and be binding upon the successors-in-interestand assignsof the Landowner. 2 DATEDthis //dayof J ,20tt Owner:REMAINDER AT TROUT MEADOWS,LLC / By:Name &Titl Signature STATE OF MONTANA ) /Q )ss COUNTY OF.M4860BLA ) On this //day of Li /,20 ©,before me,the undersigned,a Notary Public for the State of Montana,personally appeared R ay vgof/Nygor ,known to me to be /Ma.nar//'w Á##A/JV of REMAlNDER AT TROUT MEADOWS,LLC and theperson whos8nariIe issubscribedto thewithin instrumentand acknowledged tome thathe executed the within instrumentforand on behalf of REMAINDER AT TROUT MEADOWS,LLC . IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) (PrintÃdName Hefe)84WN'/46Ar/ ELIZABEÑ GRAÑT Notary Publicforthe Stateof Non /n NoTARYPUBLICforthe Residing at Ba/@/7° My Commission Expires 3 ycomrnissionexpires (Use 4 digitsforexpirationyear)...March06,2024 3