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HomeMy WebLinkAbout018 SID waiver Corporate land owner template 8-21 1 Inter-office Original to: City of Bozeman City Clerk PO Box 1230 Bozeman MT 59771-1230 WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL DISTRICT OR SPECIAL IMPROVEMENT DISTRICTS 1825 KAGY BOULEVARD 22313 The undersigned owner of the real property situated in the County of Gallatin, State of Montana, and more particularly described as follows: REMINGTON ADD, S13, T02 S, R05 E, Lot 7, ACRES 2.89, PLAT I20 REMINGTON ADD, S13, T02 S, R05 E, ACRES 0.46, REARR PORTION LOT 2, ALL 6 TRACT B IN CONSIDERATION of receiving approval for site plan approval of the subject property from the City of Bozeman, along with accompanying rights and privileges and for other and valuable consideration, the receipt of which is hereby acknowledged, and in recognition of the impacts to South 19th Avenue and West Kagy Boulevard which will be caused by the development of the above- described property, the owner has waived and does hereby waive for itself, its successors and assigns forever the right to protest the creation of one or more special districts or special improvement districts for the design and engineering, construction and maintenance of following improvements: lighting, paving and subgrade material, fiber optic conduit, curb/gutter, sidewalk, storm drainage facilities, and traffic signals for: a. Street improvements to W Kagy Blvd between 11th Ave and 27th Ave including lighting, signalization, paving, curb/gutter, sidewalk, and storm drainage. 2 b. Intersection improvements at W Kagy Blvd and 19th Ave including lighting, signalization/channelization, paving, curb/gutter, sidewalk, and storm drainage. c. Intersection improvements at 19th Ave and W Lincoln St including lighting, signalization/channelization, paving, curb/gutter, sidewalk, and storm drainage. d. Intersection improvements at Stucky Rd and 19th Ave including lighting, signalization/channelization, paving, curb/gutter, sidewalk, and storm drainage. e. Intersection improvements at W Garfield St and 19th Ave including lighting, signalization/channelization, paving, curb/gutter, sidewalk, and storm drainage. Landowner agrees the City has the sole right to control the design and construction of such improvements and may include any of the above components and others necessary to ensure such improvements comply with all adopted City infrastructure plans and requirements. Further, the Landowner waives its right or to make any written protest against the size or area or creation of the district be assessed in response to a duly passed resolution of intention to create one or more special improvement districts which would include the above-described property. In the event a special district or special improvement district is not utilized for the completion of these improvements, the developer agrees to participate in an alternate financing method for the completion of said improvements on a fair share, proportionate basis as determined by the City on the basis of the square footage of property, taxable valuation of the property, traffic contribution from the development or a combination thereof. This waiver is made for the benefit of the property described herein shall be a covenant running with the land. The terms, covenants and provisions of this waiver shall extend to, and be binding upon the successors-in-interest and assigns of the Landowner. 3 DATED this _____ day of __________________, 2021. LANDOWNER _________________________________________ Reuter Walton Development By: Nick Walton Title: President & CEO STATE OF ____________ ) :ss COUNTY OF __________ ) On this ________ day of ____________________, 202__, before me, the undersigned, a Notary Public for the State of , personally appeared _____________________________, known to me to be the landowner that executed the within instrument, and acknowledged to me that they executed the same for and on behalf of landowner. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. (SEAL) _________________________________________ (Printed Name Here) Notary Public for the State of _________ Residing at _______________________ My Commission Expires:____________ (Use 4 digits for expiration year)