HomeMy WebLinkAbout602,227 09-09-19 City Commission Packet Materials - C7. Agreements with MRL199
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^y^^'-y-y.Christopher J. DanesAssistant Vice PresidentEconofflk: Oevekcment & Real Estate2650LouUeafcDf)veFort Worth. TX 76131S'7-887-0850ffceChnsiopher.Danos@BNSF corn@Montana Rail LinkNovember 23, 2023City of Bozeman - PermitsPO Box 1230Bozeman, MT 59771Montana Rail Link, Inc.101 Inlernattonal DrivePost Office Box 16390Missoula. MontanaUSA 59803Via Certified Mail(406) 523.1500(406) 523-1493 faxwww montanaral cornRe: Agreement 602227 dated effective as of 8/15/2019 (together with any subsequentsupplements or amendments, the ".Agreement") between Montana Rail Link, Inc.,a Montana corporation ("MRL") andCity of Bozeman - Pennits, regarding certainproperty located at or near Bozeman, Gallatin, County, Montana; Notice ofAssignment.To Whom It May Concern:This letter concerns the Agreement referenced above. In accordance with the Agreement,MRL hereby notifies City of Bozeman - Permits that the land subject to the Agreement has eithertransferred or reverted to BNSF Railway Company, a Delaware corporation ("BNSF"). Inconnection therewith, MRL has assigned all of its rights, interests, and obligations under theAgreement to BNSF. BNSF, in turn, has assumed all of MRL's obligations under the AgreementThe assignment and assumption between MRL and BNSF will become effective on January 1,2024 (the "Assisnment Effective Date"). As of the Assignment Effective Date, BNSF's noticeaddress is as follows:BNSF Railway Company2650 Lou Menk Drive, MOB-2Fort Worth, Texas 76131Attn.: CREDwith a copy to:Jones Lang LaSalle Brokerage, Inc.2650 Lou Menk Drive, MOB-2Fort Worth, Texas 76131Attn.: Lease AdministrationIf you make payments related to the Agreement, please be advised that the invoice forDecember 2023 will be sent to you by MRL in Noveniber 2023 and should be paid to MRL. Theinvoice for January 2024 will be sent you by BNSF's agent, Jones Lang LaSalle Brokerage, Inc.,in December 2023 and should be paid to BNSF Railway Company.Thank you for your cooperation.21 of 30
Very truly yours,BNSF Railway Company,a Delaware corporationBy: L_^^^> 1^-3^-^'s^3-Name: Christopher DanesTitle: Assistant Vice President]V[ontana Rail Link, Inc.,a Montana corporation^By:Name: Joe RacicotTitle: President22 of 30