HomeMy WebLinkAbout23 - Liens & Releases - RG 5400 Fowler LLC - 3321 Edgerton A & B Ave2810938
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CityofBozernan
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 SEP%,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 toallowtheissuanceofbuildingpermit23-34918 priortopayment
of transportationimpact feesrequiredby 2.06.1640BMC on propertylocatedat3321 EdgertonA
&B Avenue,and legallydescribedas,N ½SW ¼SW ¼of Section23,Township 2 South,Range
5 East,PrincipalMeridian,GallatinCounty,Montana.
WHEREAS,itistheintentof theObligorto deferpayment oftransportationimpactfees
untiloccupancy fortheconstructionauthorizedunder buildingpermit23-34918;and
WHEREAS,itistheintentand purpose ofboth theObligorand theCityto hereby enter
intoan Agreement which willguaranteethe fulland satisfactorycompletionof the required
payment;and itistheintentofthisAgreement,and ofthepartieshereto,tosatisfytherequirements
of themunicipalcode and Commission Resolution#4433.
NOW,THEREFORE,inconsiderationofthemutual covenantsand conditionscontained
herein,itishereby agreedas follows:
1.Property Description
This Agreement pertainsto and includesthose propertieswhich are designatedand
identifiedas 3321 EdgertonA &B Avenue,and legallydescribedas,N ½SW ¼SW ¼of Section
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Agreement for Payment of Deferred Impact Fees and NoticeofIntenttoLien
23,Township 2 South,Range 5 East,PrincipalMeridian,GallatinCounty,Montana.
2.Payment of Deferred Impact Fees
This Agreement specificallyincludesthe payment of transportationimpact feescalculatedfor
buildingpermit23-34918,intheamount of $8,621.78(EightThousand Six Hundred Twenty-One
dollarsand Seventy-Eightcents).Obligoracknowledges thattheabove impactfeemust be paidin
fullbeforetheCertificateofOccupancy may be issued.Obligoragreestopay theabove statedfee
in accordancewith thisagreement and Commission Resolution#4433 before the structure(s)
identifiedinthebuildingpermitreferencedabove isoccupied.
3.Guarantee,Time for Completion of Agreement
No occupancy ofthestructure,eithertemporaryorpermanentpriortofullpayment ofthedeferred
transportationimpact feeand completionof thisagreement.This agreement constitutesaNotice
ofIntenttoLienagainstthepropertyintheeventthatthedeferredimpactfeesarenotpaid.Should
thefeesnotbe paid theCitymay withoutfurtheractionrecorda lienagainstthepropertyinthe
fullamount ofthedeferredfeesas statedabove and forcostsrequiredforcollectionofthedeferred
fee.
4.Inspection
Representativesof theCityshallhave therighttoenterupon 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 ofthefollowingspecifiedremedies:
A)The Citymay withholda Certificateof Occupancy and prohibituse oftheproperty.
B)The Citymay,atitsoption,recorda lienagainsttheproperty.
C)The Citymay enforceany otherremedy providedby law orthisagreement.
6.Indemnification
The Obligorhereby expresslyagreestoindemnifyand holdtheCityharmlessforand againstall
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Agreement forPayment ofDeferred Impact Fees and NoticeofIntenttoLien
claims,costsand liabilityofeverykindand nature,forinjuryor damage receivedor sustainedby
any person or entityin connectionwith,or on account of the performance of work at the
development siteand elsewherepursuantto thisAgreement,or delays in the issuanceof a
Certificateof Occupancy pursuanttothisagreement.The Obligorfurtheragreestoaidand defend
theCityin theeventthatitisnamed as a defendantinan actionconcerningtheperformance of
work pursuanttothisAgreement exceptwhere such suitisbroughtby theObligor.The Obligor
isnot an agentoremployee oftheCity.
7.Governing Law and Venue
This Agreement shallbe construedunder and governed by the laws of the Stateof Montana.In
the event of litigationconcerningthisAgreement,venue is in the EighteenthJudicialDistrict
Court,GallatinCounty,StateofMontana.
8.Changes in Fee During DeferralPeriod
The feesdue atconclusionofthedeferralperiodshallnotchange from theamount determinedin
Section2.Intheeventtheamount offeesdue forthecategoryofdevelopmentfornewly submitted
projectswhich isthesame categoryas thatwhich isthesubjectofthisagreement eitherdecreases
or increasesno change intheamount offeesdue from theprojectwillbe made unlesstheproject
constructsmore orlessdemand generatingimprovements thanoriginallydepictedon thebuilding
permitforthework.Intheeventofnon-payment additionalfeesforcollectioncostsand otherfees
as establishedby Resolution4433 willbe chargedinadditiontothedeferredtransportationimpact
fee.
9.Attorney'sFees or Other Fees
In theeventitbecomes necessaryforeitherpartytothisAgreement toretainan attorneytoenforce
any of the terms or conditionsof thisAgreement,then theprevailingpartyshallbe entitledto
reasonableattorney'sfeesand costs,to includethesalaryand costsof in-housecounselincluding
CityAttorney.Other feesand costsmay be incurredassetforthinResolution4433 relatingtothe
enforcementof thisagreement.
10.Modificationsor Alterations
No modificationsoramendment of thisAgreement shallbe valid,unlessagreedtoinwritingby
thepartieshereto.
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Agreement forPayment ofDeferred Impact Fees and NoticeofIntenttoLien
11.InvalidProvision
The invalidityor unenforceabilityof any provisionof thisAgreement shallnot affectthe other
provisionshereof,and thisAgreement shallbe construedin allrespectsas ifsuch invalidor
unenforceableprovisionwere omitted.
12.No Assignment
ItisexpresslyagreedthattheObligorshallnotassignthisAgreement inwhole,orinpart,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 Notice of IntenttoLien
OBLIGOR
R -400 Fowler LLC
Name:Drew Kraft
Title:Vice President
STATE OF COLORADO )
)ss.
County ofDenver )
On this day of ,2023 beforeme he undersigned,a Notary
PublicfortheStateof Colorado,personallyappeared known tome tobe the
\(ofRG 5400 Fowler LLC,thecorporationthatexecutedthe
withininstrument,and acknowledged tome thathe executedthe same forand on behalfof said
corporation.
IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe
day and yearfirstabove written.
(SEAL)
PublicfortheStateofColorado
DANIELAALEXANDER ResidingatDenver,CO
NOTARYPUBLic My Commission Expires //D$3
STATEOF COLORADO
NOTARYID20194040405
MYCOMMISSIONEXPIRESOCTOBER23,2023
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Agreement forPayment ofDeferred Impact Fees and Notice ofIntentto Lien
THE CITY OF BOZEMAN
Anna Bentley
Community Development Director.
STATE OF MONTANA )
)ss.
County of GALLATIN )
On thisday of C -,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 behalfof theCityofBozeman.
IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe
day and yearfirstabove written.
(SEAL)Notary PublicfortheStateofMh
Residingat 8(C¢#4ff,r1F
My Commission Expires:,,#.3 -z 027
,DE!REK J HOMAN (Use fourdigitsforexpirationyear).·/kg NotaryPublic
!.oTAR/4.fortheStateofMontana
Residingat:*.SEAL Belgrade,Montana
.,My CommissionExpires:
February3,2027
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