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HomeMy WebLinkAbout23 - Liens & Releases - RG 5400 Fowler LLC - 3284 Kurk A & B Drive (1A/B)2810941 E Sem a -G a un M llllWilWilllWilWilllWllllllllllllWilWilllWilllWillWilllllWillllWillWilll 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 (EP f.,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,itisthe intentand purpose of the Obligor to meet the requirementsof Commission Resolution#4433 toallowtheissuanceofbuildingpermit23-34916 priortopayment of transportationimpact feesrequiredby 2.06.1640BMC on propertylocatedat3284 Kurk A & B Drive (lA/B),and legallydescribedas,N ½SW ¼SW ¼of Section23,Township 2 South, Range 5 East,PrincipalMeridian,GallatinCounty,Montana. WHEREAS,itistheintentof theObligortodeferpayment of transportationimpact fees untiloccupancy fortheconstructionauthorizedunder buildingpermit23-34916;and WHEREAS,itistheintentand purpose of both theObligorand theCitytoherebyenter into an Agreement which willguaranteethe fulland satisfactorycompletion of the required payment;and itistheintentofthisAgreement,and ofthepartieshereto,tosatisfytherequirements ofthemunicipalcode and Commission Resolution#4433. NOW,THEREFORE,inconsiderationofthemutual covenantsand conditionscontained herein,itisherebyagreedas follows: 1.Property Description This Agreement pertainsto and includesthose propertieswhich are designatedand identifiedas 3284 Kurk A &B Drive (lA/B),and legallydescribedas,N ½SW ¼SW ¼of Page 1 of 6 Agreement forPayment ofDeferred Impact Fees and Noticeof Intentto Lien Section23,Township 2 South,Range 5 East,PrincipalMeridian,GallatinCounty,Montana. 2.Payment of Deferred Impact Fees This Agreement specificallyincludesthe payment of transportationimpact feescalculatedfor buildingpermit23-34916,intheamount of$8,621.78(EightThousand Six Hundred Twenty-One dollarsand Seventy-Eightcents).Obligoracknowledges thattheabove impactfeemust be paid in fullbeforetheCertificateofOccupancy may be issued.Obligoragreestopay theabove statedfee in accordance with thisagreement and Commission Resolution#4433 beforethe structure(s) identifiedinthebuildingpermitreferencedabove isoccupied. 3.Guarantee,Time forCompletion ofAgreement No occupancy ofthestructure,eithertemporaryorpermanent priortofullpayment ofthedeferred transportationimpact feeand completionof thisagreement.This agreement constitutesaNotice ofIntenttoLienagainstthepropertyintheeventthatthedeferredimpactfeesarenotpaid.Should thefeesnotbe paid theCity may 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 withthetime scheduleunder thisAgreement theCitymay electtoenforceany ofthefollowingspecifiedremedies: 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 expresslyagreesto indemnify and hold theCityharmlessforand againstall Page 2 of6 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 theCityintheeventthatitisnamed as a defendantinan actionconcerningtheperformance of work pursuanttothisAgreement exceptwhere such suitisbroughtby theObligor.The Obligor isnot an agentor employee of theCity. 7.Governing Law and Venue This Agreement shallbe construedunder and governed by thelaws oftheStateof Montana.In the event of litigationconcerningthisAgreement,venue isin the EighteenthJudicialDistrict Court,GallatinCounty,Stateof Montana. 8.Changes in Fee During DeferralPeriod The feesdue atconclusionof thedeferralperiodshallnotchange from theamount determinedin Section2.Intheeventtheamount offeesdue forthecategoryofdevelopment fornewly submitted projectswhich isthesame categoryas thatwhich isthesubjectof thisagreementeitherdecreases orincreasesno change intheamount offeesdue 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,then the prevailingpartyshallbe entitledto reasonableattorney'sfeesand costs,to includethesalaryand costsofin-housecounselincluding CityAttorney.Other feesand costsmay be incurredassetforthinResolution4433 relatingtothe enforcementof thisagreement. 10.Modificationsor Alterations No modificationsor amendment of thisAgreement shallbe valid,unlessagreedto inwritingby thepartieshereto. Page 3 of 6 Agreement forPayment of Deferred Impact Fees and Notice ofIntentto Lien 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 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 NoticeofIntenttoLien OBLIGOR R erLLC Name:Drew Kraft Title:Vice President STATEOFCOLORADO ) )ss. County of Denver ) On this day of ,2023,beforem the undersigned,a Notary PublicfortheStat.efColorado,personallyappeared ÜÏÛW known tome tobe the /ÚM IUtf ofRG 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) Public he StateofColorado ResidingatDenver,CO My Commission Expires 7/h DANIELAALEXANDER NOTARYPUBLIC STATEOF COLORADO NOTARYID20194040405 MYCOMMISSIONEXPIRESOCTOBER23,2023 Page 5 of 6 Agreement for Payment ofDeferred Impact Fees and NoticeofIntenttoLien THE CITY OF BOZEMAN Anna Bentley Community Development Director. STATE OF MONTANA ) )ss. County ofGALLATIN ) On thisday of M 7-,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 to me thatshe executedthesame forand on behalfoftheCityofBozeman. IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe day and yearfirstabove written. (SEAL)Notary PublicfortheStateofMontan Residingat El 4tAg7[,y oWrgn4 My Commission Expires:,/-o.3-2 ot,7 DGREK J HOMAN (Use fourdigitsforexpirationyear) -,NotaryPublic oTARia fortheStateofMontana Residingat: SEAL Belgrade,Montana My CornmissionExpires: February3,2027 Page 6 of6