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HomeMy WebLinkAbout009 Annexation CovenantsOriginalto: CityofBozeman %ªx 2774188 Bozeman,MT59771-1230 ÊÜ se.Na _c!ÎÍÎÎ u t s ll||||1E||l111||||||l1|||l|||||||||111|||15|||||l!I|||||||l11115|l||||||| CANYON GATE DECLARATION OF COVENANTS,CONDITIONS AND RESTRICTIONS This Declarationismade thisL day of ri \,2022 by Canyon Gate Investors,LLC,of 111 W.Lamme Street,Suite 101,Bozeman,MT 59715,hereinreferredto as "Declarant." RECITALS A.Declarantowns certainrealpropertylocatedin GallatinCounty,Montana,and more particularlydescribedas follows: A descriptionof land being the SE ¼of Section31 and the SW ¼of Section32, Township 1 South,Range 6 East,PrincipalMeridian Montana,GallatinCounty, Montana. Beginning ata point(P.O.B),which isthe Northwest Corner of saidCOS No.2408 and a point on the N/S linebetween Sections31 and 32 of said Township and Range and the centerlineof Story Mill Road. thence,S 88°15'30"E,along the south boundary of Legends at Bridger Creek Subdivision and thenorth boundary of saidTract 7B,a distanceof 1314.68 feettoa pointbeing theNortheastcorner of saidTract7B; thence,along the east lineof Tract 7B,also the West lineof Legends atBridger Creek SubdivisionII,Phase 1,S 00°06'32"W,a distanceof 650.92 feetto a point on saidline; thence,along saidlines,S Ol°47'33"W,a distanceof 62.90 feetto a point being the SE cornerof saidTract7B;] Canyon Gate Declarationof Covenants,Conditionsand Restrictions 1 thence,N 88°19'21"W,along the North Line of MT.Baldy Subdivisionand the South lineof saidTract 7B,a distanceof 817.12 feetto the NE cornerof the West 33.34 feetof Lot 45 of the MT.Baldy subdivision; thence,S Ol°44'26"W,along the eastlineof saidLot,a distanceof 260.01 feetto a point; thence,N 88°17'19"W,a distanceof 491.61 feetto a point on the linebetween saidSections31 and 32 (aka the centerlineof StoryMill Road); thence,leavingsaidsectionlineand along theNorth ROW of Bridger Drive being the South boundary of Tract A of COS 1815,N 88°30'52"E,a distanceof 40.01 feeta pointatthe intersectionof saidROW,South Line and the West 40'ROW of saidStory Mill Road; thence,leavingsaidBridger Drive ROW and continuingN 00°18'18"E,a distance of 321.05 feetalong said West ROW of Story Mill Road and through Tract A of COS 1518 to a pointbeing the saidWest ROW and the Southeast ROW corner of TractD of the Osborne Subdivision; thence along saidWest ROW of Story Mill Road and along the East boundary line of TractsA,B,C and D of saidOsborne Subdivision,N 00°18'18"E,a distanceof 652.19 feetto a point being the NE cornerof saidTract A of said subdivisionand the intersectionof the West ROW of Story Mill Road and the south ROW of Boylan Road; thence along said south ROW,N 88°53'53"E,a distanceof 40.01 feetto the P.O.B. Said areabeing 1,107,450 square feetor 25.42 acres more or less,along with and subject to alleasements of record and allas depictedon the attachedExhibitA (the"Canyon Gate Annexation Property." B.As a conditionof approvalforthe annexation oftheCanyon Gate Annexation Property,City ofBozeman applicationnumber 21-337,the City of Bozeman requiredthe Declaranttorecorda covenant running with the landpursuant to the terms of the Canyon Gate Annexation Agreement;and C.To satisfytherequirement of the Canyon Gate Annexation Agreement,the Declarantdesirestoplacebeneficialcovenants,conditionsand restrictionsupon the Canyon Gate Annexation Propertyfortheuse and benefitof Declarantand forthe use,benefitand protectionof the futureowners thereofand the City of Bozeman. NOW,THEREFORE,Declaranthereby declaresthatallthepropertywithintheCanyon Gate Annexation Propertyas describedabove shallbe held,sold,and conveyed subjecttothe followingCOVENANTS,CONDITIONS and RESTRICTIONS,allofwhich are forthe purpose of enhancing and protectingthe value,desirability,and attractivenessofthe realpropertyby providing a reasonablyuniform plan for itsdevelopment as a desirabledevelopment.These Covenants,Conditionsand Restrictionsshallrun with the realpropertyand shallbe binding upon allowners thereof,and shallinuretothe benefitof and be binding upon each successorin interestto the owner thereof. Canyon Gate Declarationof Covenants,Conditionsand Restrictions 2 L Height and Bulk Limitations.In orderto advance thegoalsof the Bozeman Community Plan 2020,Theme 2,notwithstandingany provisionto the contraryas setforthinthe City'sregulationsforitszoning districts,withinthe Canyon Gate Annexation Property,and as depictedon theCanyon Gate Annexation Zone Map Amendment,Ordinance 2099: A)except forthespecificbuildingheightlimitationsinsubsectionC,the maximum heightof structureslocatedwithin the entireprojectislimitedto a maximum of 50 feetor 4 stories,whichever isgreater; B)thebuildingfootprintof each buildingwithintheB-2M zoning districtislimitedto a maximum of 25,000 square feetper building;and C)buildingswithin thenorthern 100 feetof the B-2M zoning districtshallbe limitedto residentialpurposes only and limitedto a maximum heightof 36 feetforstructureswith a flat roof and a maximum heightof 46 feetforstructureswith a pitchedroof. 2.Provision of Income RestrictedHousing.In ordertoadvance the goalsof the Bozeman Community Plan 2020,Declarant agreestoprovide withintheR-5 zoning areawithin the Canyon Gate Annexation Property,a minimum of 60 housing unitsthatarepricedno greater than 120%of Area Median Income atan interestrateof 3.5%perthematrix setforthinExhibit B.As determined by the City,a one person household includesstudios,two person household includesone bedroom units,a threeperson household includestwo bedroom units,and four person household includesthreebedroom units.The saleand management of the income restrictedhousing unitsshallbe administeredby a community land trustor otherentity acceptabletotheCity.Declarantshallbegin constructionof the income restrictedhousing prior to any verticalconstructionwithinthe B2M zoning districtand shallcomplete all60 unitswithin 24 months aftercommencing construction. 3.Duration.The covenants,conditions,and restrictionsof thisDeclarationshallrun with and bind the land inperpetuityand shallinuretothe benefitof Declarant,each owner of property,the City of Bozeman,and theirrespectivelegalrepresentatives,heirs,successors,or assigns,subjecttothe rightof amendment provided inthisArticle. 4.Amendment. A)This Declarationmay be amended upon the writtenapproval of thepropertyOwners comprising fifty-one(51)percentof the area of thenon-publicrealpropertywithintheCanyon Gate Annexation Property;provided,however,thatany amendment isprohibitedwithoutthe consentand approvalof theCity of Bozeman;or B)As the primary beneficiaryof thiscovenant,thisdeclarationmay unilaterallybe releasedinwhole orpartby the City of Bozeman after15 calendardays'noticeto theOwners of propertywithintheCanyon Gate Annexation Property.The City must determine the form of notice. C)Any amendment shallbecome effectiveonly upon the filingof such amendment in the recordsofthe Clerk and Recorder of GallatinCounty,Montana. 5.Enforcement.The Declarant,the City ofBozeman,or any owner of real propertywithintheCanyon Gate Annexation Property may take actionto enforcetheprovisions of thisDeclaration.Enforcement may be by injunction,declaratoryjudgment,actionfor Canyon Gate Declarationof Covenants,Conditionsand Restrictions 3 damages,or any otherlegalclaims,allof which shallbe cumulative and non-exclusive.The prevailingpartyinany actionshallbe entitledto recover,inadditionto otherdamages,its reasonablelitigationexpenses,includingattorney'sfees,as may be awarded inthejudgment of the court. 6.Severability.Invalidationof any one of thesecovenants or restrictionsby judgment or courtorder shallinno way affectany otherprovisions,which shallremain infull forceand effect. IN WITNESS WHEREOF theDECLARANT has signed thisinstrumentand arranged for itsrecordationintherealpropertyrecordsof GallatinCounty,Montana. LANDOWNER CANYON GATE INVESTORS,LLC a Montana limitedliabilitycompany By:CANYON GATE PARTNERS,LLC a Montana limitedliabilitycompany,its Managing Member By:Andrew Holloran,Manager STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On thisa3 day of %cc i .,202a_,beforeme,theundersigned,a Notary Publicforthe StateofMontana,personallyappeared Andrew Holloran,as Manager of Canyon Gate Partners,LLC,the Managing Member of Canyon Gate Investors,LLC,known to me to be the landowner thatexecuted the within instrument,and acknowledged tome thatthey executed thesame forand on behalfof landowner. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. LAUREN J CUMMINGS NotaryPublic fortheStateofMontana Residingat:.SEAL.* Bozernan,Montana My CommissionExpires: September04,2023 u Ic teof Montana Canyon Gate Declarationof Covenants,Conditions and Restrictions 4 CITY OF BOZEMAN J f Mihelich,ityManager ATTEST:'o . City Clerk STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On this Ñ day of ,2022.,beforeme,a Notary Public forthe stateof Montana,personallyappeared JeffMihelich and Mike Maas,known tome tothe persons describedin and who executed the foregoinginstrumentas City Manager and City Clerk respectively,of theCity of Bozeman,whose names aresubscribedtothe within instrumentand acknowledged tome thatthey executed the same forand on behalfof saidCity. IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) Not ¯aryP licfortheMate of Montana TAYLOR CHAMBERS7.£v.·..s NotaryPublic OTAR/4/.OfortheStateofMontana ResidinOat:SEAI Bozernan,Montana My CommissionExpires: January12,2025 Canyon Gate Declarationof Covenants,Conditions and Restrictions -5 -