HomeMy WebLinkAbout022 Landscaping Improvement Agreement Set (Signed)03/03/23
22203 Norton East
Ranch Ph. 5B FP
Name, Company, and title
of individual signing IA and
guaranteeing installation
of improvements:
Remaining Improvements
Estimate Amount:
Financial Guarantee Amount:
IA APPLICATION
Kevin Spencer, Member of Norton Properties, LLC
- ------------------------------------( l. 5 X Estimate)
An acceptable financial guarantee is required following approval of the financial guarantee amount. This guarantee shall besubmitted along with an executed improvements agreement that you will receive from sta ff following approval of this application.
The City accepts Cash, Letters of Credit, and Bond. Please note that Letters of Credit and Bonds must be from a financial institution
and provided in the correct format, following the City of Bozeman's provided Letter of Credit and Completion Bond templates.
Legal Review is required for all Bonds and may delay processing. Contact your Planner if you plan to use a bond as your financial
guarantee.
CERTIFICATIONS AND SIGNATURES
This application must be signed by both the applicant(s) and the property owner(s) (if different) before the submittal will be
accepted.
Statement of Intent to Complete Improvements - I understand that the Improvements Agreement must be secured by a financialsecurity, deemed acceptable by the City, payable to the City of Bozeman, in an amount equal to 150 percent of the estimatedcost (verified against city publicly bid unit prices, where such are available) of the installation of required improvements not yetcompleted. The method of security must be valid for a period of not less than twelve (12) months, eighteen (18) months forsubdivision improvements.
In any event, all required impr vements shall be completed within nine (9) months of occupancy for site development and
twelve (12) months for subdi cept for lot frontage sidewalks in order to avoid default on the method of
security.
Applicant S ignature: ---A-1-�--4i,::::.._ -L�=--..:;_;_ __________ __ _
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0wner Signature: -1/,I}., Kev/• "P-
p . t d N Kevin Spencerrm e ame: --------------------------
Date: __ &_-_ J_D_ ,_z.o __ L-_2-- __
Date: __ ;,"--... _JP_-_-_Z_,rJ_z-_� _ _
If signing as a corporation, please provide the title and position of the individual signing on behalf of the corporation. Attach
separate sheets for additional owner signatures.
CERTIFICATIONS FOR INSTALLED IMPROVEMENTS AND IMPROVEMENTS AGREEMENT REVIEW
Following submittal, this application is reviewed by City staff to determine if the proposed improvements to be guaranteedare appropriate in relation to the improvements installed to date and that the improvements to be guaranteed have been
estimated based upon current area construction/installation costs.
For all improvements installed to date, the property owner and applicant are required to provide certifications from their
appropriate project professionals (architect, civil engineer, landscape professional, lighting engineer, etc.) that the private
and public improvements have been installed according to the improved plans and specifications. If these certifications are
not provided, it may delay the review of this applic:ation. These certification:, can be provided on dated letterhead by each
professional. Contact us for more information if you are unfamiliar with this process.
IA Application Page 2 of 3 Revision Date: November 2021
$125,075.00
$187,612.50
PHASE 5B - QUANTITY ESTIMATE Date: 6/8/2022
POND PARK
5-GALLON PLANTS
DECIDUOUS TREES
CONIFER TREES
IRRIGATION
SITE PREP
BOULDERS
6-FOOT GRAVEL PATH
BARK MULCH
PARK EQUIPMENT
HYDROSEED
SUBTOTAL
X 1.5 187,612.50$
14,215.00$
7,300.00$
5,185.00$
2,840.00$
14,880.00$
Norton Ranch Subdivision - Phase 5
125,075.00$
31,585.00$
27,975.00$
3,020.00$
15,015.00$
3,060.00$