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HomeMy WebLinkAbout014.02 Appendix M.2 - WaiverOfRightToProtest_SIDsJ-695 Afterrecording,returnto: Cityof Bozeman P.O.Box 1230 Bozeman,MT 59771 0°Î*sem d -cÎÎÍÎÎÍÊ u t °°M °° 11|ll111|||llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL IMPROVEMENT DISTRICTS FOR RTR Holdings II,LLC,by Three River Capital,LLC itsmanager We,theundersigned Owners of therealpropertysituatedin the County of Gallatin,Stateof Montana,and more particularlydescribedas follows:South UniversityDistrictPhase 3 Major Subdivision IN CONSIDERATION of receiving FinalPlatApproval from the City of Bozeman,along with accompanying rightsand privilegesand forotherand valuableconsideration,thereceiptof which is hereby acknowledged,inrecognitionof impacts to the City transportationand infrastructuresystems thatwillbe generatedby thedevelopment of the above-describedpropertyat South UniversityDistrict Phase 3 Maior Subdivision,have waived and do hereby forourselves,our heirs,personal representatives,successorsand assigns,therighttoprotestthe creationof one or more special improvement districtsforthe constructionof: 1.Streetimprovements to South 19thAvenue includingpaving,curb/gutter,sidewalk,lighting and storm drainage, 2.Streetimprovements to West Kagy Boulevard includingpaving,curb/gutter,sidewalk, lightingand storm drainage,and 3.Intersectionimprovements to the intersectionof South 19*Avenue and West Kagy Boulevard orto make any writtenprotestagainsttheproposed work or againstthe extentor creationof thedistricts to be assessedinresponseto a duly passed resolutionof intentiontocreateone or more special improvement districtswhich would includethe above-describedproperty. In the event an SID isnot utilizedforthe completion of theseimprovements,the developer agrees to participatein an alternatefinancingmethod for the completion of saidimprovements on a fairshare, proportionatebasisas determined by square footageof property,taxablevaluationof theproperty,traffic contributionfrom the development or a combination thereof. This waiver shallbe a covenant running with theland and shallnot expirewith the dissolutionof the limitedpartnership,provided however thiswaiver shallapply to the landshereindescribed. The terms,covenants and provisionsof the Waiver shallextend to,and be binding upon the successors-in-interestand assignsof thepartieshereto. DATED this Z rg day of d 4 ,20É. By Title tar STATE OF MONT*NA )M; :ss ) County of )Marr Odhr=On this day of Td3 ,20 ß t ,before me,a Notary Publicforthe Stateof Mentana,personallyappeared by R.(feekt known tome tobe the Kew bør of Tkne R½Sp,M UZ ,thecorporationthatexecuted the foregoingWaiver of Right to Protest,and acknowledged to me thathe/she executed thesame forand on behalfof saidcorporation. IN WITNESS WHEREOF,Ihave hereunto setmy hand and setmy sealthe day and year first above written. DAMIANJEAN-PIERRE a NotaryPublic-California (SEAL)uarinCounty Commission#2320602 MyComm.ExpiresFeb20,2024 otaryPublic forthe Stateof Mentena-ddba (PrintedName) Residing at ,w Sud My Commission expires:Off 2 /20_2_9