HomeMy WebLinkAbout23 - Liens & Releases - RG 5400 Fowler LLC - 3333Edgerton A & B Ave2810937
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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 ÍW 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 toallowtheissuanceofbuildingpermit23-34921 priortopayment
oftransportationimpact feesrequiredby 2.06.1640BMC on propertylocatedat3333 EdgertonA
&B Avenue,and legallydescribedas,N ½SW ¼SW ¼ofSection23,Township 2 South,Range
5 East,PrincipalMeridian,GallatinCounty,Montana.
WHEREAS,itistheintentoftheObligortodeferpayment oftransportationimpactfees
untiloccupancy fortheconstructionauthorizedunder buildingpermit23-34921;and
WHEREAS,itistheintentand purpose ofboth theObligorand theCityto hereby enter
intoan Agreement which will guaranteethe fulland satisfactorycompletion of the required
payment;and itistheintentofthisAgreement,and ofthepartieshereto,tosatisfytherequirements
of themunicipalcode and Commission Resolution#4433.
NOW,THEREFORE,inconsiderationofthemutual covenantsand conditionscontained
herein,itisherebyagreedas follows:
1.Property Description
This Agreement pertainsto and includesthose propertieswhich are designatedand
identifiedas 3333 EdgertonA &B Avenue,and legallydescribedas,N ½SW ¼SW ¼of Section
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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
buildingpermit23-34921,intheamount of$8,621.78(EightThousand SixHundred Twenty-One
dollarsand Seventy-Eightcents).Obligoracknowledges thattheabove impactfeemust be paidin
fullbeforetheCertificateofOccupancy 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,eithertemporaryor permanent priortofullpayment ofthedeferred
transportationimpact feeand completionof thisagreement.This agreement constitutesaNotice
ofIntenttoLien againstthepropertyintheeventthatthedeferredimpactfeesarenotpaid.Should
the feesnot be paidtheCitymay withoutfurtheractionrecorda lienagainstthepropertyinthe
fullamount ofthedeferredfeesasstatedabove and forcostsrequiredforcollectionofthedeferred
fee.
4.Inspection
Representativesof theCity shallhave therighttoenterupon thepropertyatany reasonabletime
inordertoinspectitand todetermineiftheObligorisincompliancewiththisAgreement,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 theCityharmlessforand againstall
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Agreement forPayment ofDeferred Impact Fees and Noticeof IntenttoLien
claims,costsand liabilityof everykindand nature,forinjuryor damage receivedorsustainedby
any person or entityin connectionwith,or on account of the performance of work at the
development siteand elsewherepursuant to thisAgreement,or delaysin the issuanceof a
Certificateof Occupancy pursuanttothisagreement.The Obligorfurtheragreestoaidand defend
the City inthe eventthatitisnamed as a defendantin an actionconcerningthe performanceof
work pursuanttothisAgreement exceptwhere such suitisbroughtby theObligor.The Obligor
isnotan agentoremployee oftheCity.
7.Governing Law and Venue
This Agreement shallbe construedunder and governed by thelaws of theStateof Montana.In
the event of litigationconcerningthisAgreement,venue isin the EighteenthJudicialDistrict
Court,GallatinCounty,Stateof Montana.
8.Changes in Fee During DeferralPeriod
The feesdue atconclusionof thedeferralperiodshallnot change from theamount determinedin
Section2.Intheeventtheamount offeesdue forthecategoryofdevelopment fornewly submitted
projectswhich isthesame categoryas thatwhich isthesubjectofthisagreement eitherdecreases
or increasesno change intheamount of feesdue from theprojectwillbe made unlesstheproject
constructsmore orlessdemand 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,then the prevailingpartyshallbe entitledto
reasonableattorney'sfeesand costs,to includethesalaryand costsof in-housecounselincluding
CityAttorney.Otherfeesand costsmay be incurredassetforthinResolution4433 relatingtothe
enforcementofthisagreement.
10.Modificationsor Alterations
No modificationsor amendment of thisAgreement shallbe valid,unlessagreedtoinwritingby
thepartieshereto.
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Agreement forPayment ofDeferred Impact Fees and NoticeofIntentto Lien
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
priorwrittenconsentof theCity.
13.Successors
Except asprovidedinparagraph10,thisAgreement shallbe bindingupon,enuretothebenefitof,
and be enforceableby thepartiesheretoand theirrespectiveheirs,successorsand assigns.
####END OF AGREEMENT EXCEPT FOR SIGNATURES ####
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Agreement forPayment ofDeferred Impact Fees and NoticeofIntenttoLien
OBLIGOR
RG 0 Fo lerLLC
Name:Drew Kraft
Title:Vice President
STATEOFCOLORADO )
)ss.
County of Denver )
On this day of ØÚ ,2023,bef re theundersigned,a Notary
PublicfortheStae ofColorado,personallyappeared ÜÍ/MJ known tome tobe the
\WlY of RG 5400 Fowler LLC,thecorporationthatexecutedthe
withininstrument,and acknowledged to me thathe executedthesame forand on behalfof said
corporation.
IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe
day and yearfirstabove written.
(SEAL)
PublicfortheStateof Colorado
ResidingatDenver,CO
DANIELAALEXANDER
NOTARYPUBLIC
STATEOF COLORADO
NOTARYID20194040405MYCOMMISSIONEXPIRESOCTOBER23,2023
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Agreement forPayment ofDeferred Impact Fees and NoticeofIntenttoLien
THE CITY OF BOZEMAN
Anna Bentley
Community Development Director.
STATE OF MONTANA )
)ss.
County of GALLATIN )
On thisday of 4T.,2023,beforeme,a Notary PublicfortheState
of Montana,personallyappearedAnna Bentley,known to me tobe theperson describedin and
who executed the foregoinginstrumentas Community Development Directorof the City of
Bozeman,whose name issubscribedto thewithininstrumentand acknowledged tome thatshe
executedthesame forand on behalfoftheCityof Bozeman.
IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe
day and yearfirstabove written.
(SEAL)Notary PublicfortheStateofMontana
Residingat 4'4ppp£
My Commission Expires:,J-f -202
DEREK J HOMAN (Use fourdigitsforexpirationyear),..NotaryPublic
oTAR .fortheStateofMontana
!---Residingat:**.SEAL.*¼selgrade,Montana
My CommissionExpires:
,,,,,n.ns February3,2027
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