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HomeMy WebLinkAbout23 - Liens & Releases - RG 5400 Fowler LLC - 3280Kurk A & B Drive (2A/B)2810942 Semea -G a i u M M 111I||||1|||||Willllllllllllllllllllllllllllllllllllilllllllllllllllllllllllllllllll 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 h day of -,2023, by and between RG 5400 Fowler LLC,1144 15thStreet,Suite2475,Denver,CO 80202 hereinafter calledthe"Obligor,"and theCityof Bozeman,a MunicipalCorporationoftheStateof Montana, hereinaftercalledthe"City." WHEREAS,itisthe intentand purpose of the Obligor to meet the requirementsof Commission Resolution#4433 toallowtheissuanceofbuildingpermit23-34915 priortopayment oftransportationimpact feesrequiredby 2.06.1640BMC on propertylocatedat3280 Kurk A & B Drive (2A/B),and legallydescribedas,N ½SW ¼SW ¼of Section23,Township 2 South, Range 5 East,PrincipalMeridian,GallatinCounty,Montana. WHEREAS,itistheintentof theObligortodeferpayment of transportationimpactfees untiloccupancy fortheconstructionauthorizedunder buildingpermit23-34915;and WHEREAS,itistheintentand purpose of boththeObligorand theCitytoherebyenter intoan Agreement which willguaranteethe 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 3280 Kurk A &B Drive (2A/B),and legallydescribedas,N ½SW ¼SW ¼of Page 1 of 6 Agreement for Payment of Deferred Impact Fees and Notice ofIntentto Lien Section23,Township 2 South,Range 5 East,PrincipalMeridian,GallatinCounty,Montana. 2.Payment of Deferred Impact Fees This Agreement specificallyincludesthepayment of transportationimpact feescalculatedfor buildingpermit23-34915,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 beforethe structure(s) identifiedinthebuildingpermitreferencedabove isoccupied. 3.Guarantee,Time for Completion of Agreement No occupancy ofthestructure,eithertemporaryorpermanentpriortofullpayment ofthedeferred transportationimpact feeand completionof thisagreement.This agreement constitutesaNotice of IntenttoLien againstthepropertyintheeventthatthedeferredimpactfeesarenotpaid.Should thefeesnot be paid the Citymay withoutfurtheractionrecorda lienagainstthepropertyinthe fullamount ofthedeferredfeesasstatedabove and forcostsrequiredforcollectionofthedeferred fee. 4.Inspection Representativesof theCity shallhave therightto enterupon thepropertyatany reasonabletime inordertoinspectitand todetermineiftheObligorisincompliancewiththisAgreement,and the ObligorshallpermittheCityand itsrepresentativestoenterupon and inspectthepropertyatany reasonabletime. 5.Default Time isof theessenceforthisAgreement.Ifthe Obligorshalldefaultinor failtofullyperform any of itsobligationsinconformance withthetime scheduleunder thisAgreement theCitymay electtoenforceany of thefollowingspecifiedremedies: A)The Citymay withholda CertificateofOccupancy and prohibituse oftheproperty. B)The Citymay,atitsoption,recorda lienagainsttheproperty. C)The Citymay enforceany otherremedy providedby law orthisagreement. 6.Indemnification The Obligorhereby expresslyagreesto indemnify and hold theCityharmlessforand againstall Page 2 of6 Agreement forPayment ofDeferred Impact Fees and Noticeof IntenttoLien claims,costsand liabilityofeverykind and nature,forinjuryordamage receivedorsustainedby 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 theCityin theeventthatitisnamed as a defendantinan actionconcerningtheperformanceof work pursuantto thisAgreement exceptwhere such suitisbroughtby theObligor.The Obligor isnot an agentor employee oftheCity. 7.Governing Law and Venue This Agreement shallbe construedunder and governed by thelaws of the Stateof 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 forthecategoryofdevelopmentfornewly submitted projectswhich isthesame categoryas thatwhich isthesubjectofthisagreement eitherdecreases or increasesno 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,toincludethesalaryand costsofin-housecounselincluding CityAttorney.Other feesand costsmay be incurredas setforthinResolution4433 relatingtothe enforcementofthisagreement. 10.Modificationsor Alterations No modificationsor amendment of thisAgreement shallbe valid,unlessagreedto in writingby thepartieshereto. Page 3 of 6 Agreement forPayment ofDeferred Impact Fees and Notice of Intentto 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 priorwrittenconsentof theCity. 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 Notice of IntenttoLien OBLIGOR RG 00 Fow erLLC Name:Drew Kraft Title:VicePresident STATEOFCOLORADO ) )ss. County of Denver ) On this day of ,2023,beforeme,theundersigned,a Notary PublicfortheStateo Colorado,personallyappearedÚÛÅÃ)UVA known tome tobe the V((L FY4X\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) N Public or theStateofColorado ResidingatDenver,CO DANIELAALEXANDER My Commission Expires \0 NOTARY PUBLIC STATEOF COLORADO NoTARYID20194040405 MYCOMMISSIONEXPIRESOCTOBER23,2023 Page 5 of 6 Agreement forPayment ofDeferred Impact Fees and NoticeofIntenttoLien THE CITY OF BOZEMAN Anna Bentley Community Develo ment Director. STATE OF MONTANA ) )ss. County of GALLATIN ) On thisday of ,2023,beforeme,a Notary PublicfortheState of Montana,personallyappearedAnna Bentley,known tome to be thepersondescribedin and who executed the foregoinginstrumentas Community Development Directorof the City of Bozeman,whose name issubscribedtothewithininstrumentand acknowledged to me thatshe executedthesame forand on behalfof theCityofBozeman. IN WITNESS WHEREOF,Ihave hereuntosetmy hand and affixedmy NotarialSealthe day and yearfirstabove written. (SEAL)Notary PublicfortheStateof Montana Residingat $f ogot,,peagracy p "",,,DEREK J HOMAN My Commission Expires:#-03 -Z.ot ~~l NotaryPublic (Use fourdigitsforexpirationyear)C OTARia.fortheStateofMontana --Residingat:*.SEAL.*selgrade,Montana -...-·My CommissionExpires: ,,,,February3,2027 Page 6 of 6