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Home My WebLink About23 - Liens & Releases - RG 5400 Fowler LLC - 3315 Edgerton A & B Avenue2810936 S m a -Ga la un M M 11||||111111|||l||11||||||||1111||||||I11111I11111||||||I111111||11||||111||||11111 Returnto: CityofBozeman CityClerk PO Box 1230 BozemanMT 59771-1230 AGREEMENT FOR THE PAYMENT OF DEFERRED IMPACT FEES AND NOTICE OF INTENT TO LIEN THIS AGREEMENT ismade and enteredintothis day of SE?T -,2023, by and between RG 5400 Fowler LLC,1144 15thStreet,Suite2475,Denver,CO 80202 hereinafter calledthe"Obligor,"and theCityof Bozeman,a MunicipalCorporationof theStateofMontana, hereinaftercalledthe"City." WHEREAS,itis the intentand purpose of the Obligor to meet the requirementsof Commission Resolution#4433 toallowtheissuanceofbuildingpermit23-34917 priortopayment oftransportationimpactfeesrequiredby 2.06.1640BMC on propertylocatedat3315 Edgerton A &B Avenue,and legallydescribedas,N ½SW ¼SW ¼ofSection23,Township 2 South,Range 5 East,PrincipalMeridian,GallatinCounty,Montana. WHEREAS,itistheintentoftheObligorto deferpayment of transportationimpact fees untiloccupancy fortheconstructionauthorizedunder buildingpermit23-34917;and WHEREAS,itistheintentand purposeof both theObligorand theCitytohereby enter intoan Agreement which willguaranteethe fulland satisfactorycompletion of the required payment;and itistheintentofthisAgreement,and ofthepartieshereto,tosatisfytherequirements ofthemunicipalcode and Commission Resolution#4433. NOW,THEREFORE,inconsiderationof themutual covenantsand conditionscontained herein,itisherebyagreedas follows: 1.Property Description This Agreement pertainsto and includesthose propertieswhich are designatedand identifiedas3315 EdgertonA &B Avenue,and legallydescribedas,N ½SW ¼SW ¼ofSection Page 1 of 6 Agreement forPayment ofDeferred Impact Fees and NoticeofIntenttoLien 23,Township 2 South,Range 5 East,PrincipalMeridian,GallatinCounty,Montana. 2.Payment ofDeferred Impact Fees This Agreement specificallyincludesthe payment of transportationimpact feescalculatedfor buildingpermit23-34917,intheamount of$8,621.78(EightThousand Six Hundred Twenty-One dollarsand Seventy-Eightcents).Obligoracknowledges thattheabove impactfeemust be paidin fullbeforetheCertificateof Occupancy may be issued.Obligoragreestopay theabove statedfee in accordance with thisagreement and Commission Resolution#4433 before the structure(s) identifiedinthebuildingpermitreferencedabove isoccupied. 3.Guarantee,Time forCompletion ofAgreement No occupancy ofthestructure,eithertemporaryorpermanent priortofullpayment ofthedeferred transportationimpact fee and completionofthisagreement.This agreement constitutesaNotice ofIntenttoLienagainstthepropertyintheeventthatthedeferredimpact feesarenotpaid.Should thefeesnotbe paid theCity may withoutfurtheractionrecorda lienagainstthepropertyinthe fullamount ofthedeferredfeesasstatedabove and forcostsrequiredforcollectionofthedeferred fee. 4.Inspection RepresentativesoftheCityshallhave therightto enterupon thepropertyatany reasonabletime inordertoinspectitand todetermineiftheObligorisincompliancewith thisAgreement,and the ObligorshallpermittheCityand itsrepresentativestoenterupon and inspectthepropertyatany reasonabletime. 5.Default Time isof theessenceforthisAgreement.IftheObligorshalldefaultinor failtofullyperform any of itsobligationsinconformance with thetime scheduleunder thisAgreement theCitymay electtoenforceany of thefollowingspecifiedremedies: A)The Citymay withholda Certificateof Occupancy and prohibituse of theproperty. B)The Citymay,atitsoption,recorda lienagainsttheproperty. C)The Citymay enforceany otherremedy providedby law or thisagreement. 6.Indemnification The Obligorhereby expresslyagreestoindemnifyand hold theCity harmlessforand againstall Page 2 of 6 Agreement for Payment of Deferred Impact Fees and NoticeofIntenttoLien claims,costsand liabilityof everykind and nature,forinjuryordamage receivedor sustainedby any person or entityin connectionwith,or on account of the performance of work at the development siteand elsewhere pursuantto thisAgreement,or delays in the issuanceof a CertificateofOccupancy pursuanttothisagreement.The Obligorfurtheragreestoaidand defend theCityinthe eventthatitisnamed as a defendantinan actionconcerningtheperformanceof work pursuanttothisAgreement exceptwhere such suitisbroughtby theObligor.The Obligor isnotan agentor employee of theCity. 7.Governing Law and Venue This Agreement shallbe construedunder and governed by the laws of the Stateof Montana.In the event of litigationconcerningthisAgreement,venue isin the EighteenthJudicialDistrict Court,GallatinCounty,StateofMontana. 8.Changes inFee During DeferralPeriod The feesdue atconclusionofthedeferralperiodshallnotchange from theamount determinedin Section2.Intheeventtheamount offeesdue forthecategoryofdevelopmentfornewly submitted projectswhich isthesame categoryasthatwhich isthesubjectofthisagreement eitherdecreases or increasesno change intheamount of feesdue from theprojectwillbe made unlesstheproject constructsmore or lessdemand generatingimprovements thanoriginallydepictedon thebuilding permitforthework.Intheeventofnon-payment additionalfeesforcollectioncostsand otherfees asestablishedby Resolution4433 willbe chargedinadditiontothedeferredtransportationimpact fee. 9.Attorney'sFees or Other Fees Intheeventitbecomes necessaryforeitherpartytothisAgreement toretainan attorneytoenforce any of the terms or conditionsof thisAgreement,thentheprevailingpartyshallbe entitledto reasonableattorney'sfeesand costs,to includethesalaryand costsof in-housecounselincluding CityAttorney.Other feesand costsmay be incurredassetforthinResolution4433 relatingtothe enforcementofthisagreement. 10.Modificationsor Alterations No modificationsor amendment of thisAgreement shallbe valid,unlessagreedto inwritingby thepartieshereto. Page 3 of 6 Agreement for Payment of Deferred Impact Fees and Noticeof IntenttoLien 11.InvalidProvision The invalidityor unenforceabilityof any provisionof thisAgreement shallnot affecttheother provisionshereof,and thisAgreement shallbe construedin allrespectsas ifsuch invalidor unenforceableprovisionwere omitted. 12.No Assignment ItisexpresslyagreedthattheObligorshallnotassignthisAgreement inwhole,or inpart,without priorwrittenconsentoftheCity. 13.Successors Except asprovidedinparagraph10,thisAgreement shallbe bindingupon,enuretothebenefitof, and be enforceableby thepartiesheretoand theirrespectiveheirs,successorsand assigns. ####END OF AGREEMENT EXCEPT FOR SIGNATURES #### Page 4 of 6 Agreement forPayment ofDeferred Impact Fees and NoticeofIntentto Lien OBLIGOR R 400 Fo lerLLC Name:Drew Kraft Title:Vice President STATEOFCOLORADO ) )ss. County ofDenver ) On this day of ,2023,beforem theundersigned,a Notary PublicfortheStajeof Colorado,personallyappeared9TÛW hd known tome tobe the /YT \½ofRG 5400 Fowler LLC,thecorporationthatexecutedthe withininstrument,and acknowledged tome thathe executedthesame forand on behalfof said corporation. IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe day and yearfirstabove written. (SEAL) No PublicfortheStateof Colorado ResidingatDenver,CO c²My Commission Expires 10 Lb STATEOF COLORADO NOTARYID20194040405 MYCOMMISSIONEXPIRESOCTOBER23,2023 Page 5 of 6 Agreement forPayment ofDeferred Impact Fees and NoticeofIntentto Lien THE CITY OF BOZEMAN Anna Bentley Community Development Director. STATE OF MONTANA ) )ss. County ofGALLATIN ) On thisday of ,2023,beforeme,a Notary PublicfortheState of Montana,personallyappeared Anna Bentley,known tome tobe thepersondescribedin and who executed the foregoinginstrumentas Community Development Directorof the City of Bozeman,whose name issubscribedto thewithininstrumentand acknowledged tome thatshe executedthesame forand on behalfof theCityofBozeman. IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe day and yearfirstabove written. (SEAL)Notary PublicfortheStateof Montah Residingat /8f(&fpr,,1r--fF p"'%,,,DEREK J HOMAN My Commission Expires:)-o 5 -p.c)?f "*ç,NotaryPublic (Use fourdigitsforexpirationyear)o OTAR/.,fortheStateofMontana ----E Residingat: .SEAL *f Belgrade,Montana ....My CornmissionExpires: ,,Q,February3,2027 Page 6 of 6