HomeMy WebLinkAbout008 SID Waiver - RecordedWAIVER OF RIGHT TO PROTEST
CREATION OF SPECIAL IMPROVEMENT DISTRICTS
FOR EAST MAIN INVESTMENTS,LLC
We,the undersigned Owners of therealpropertysituatedin the County of Gallatin,Stateof
Montana,and more particularlydescribedas follows:ELKS CLUB PROP REARR,SO8,TO2 S,RO6 E,
ACRES 1.13,TRACT 1,PLAT H-29,ELKS CLUB PROP REARR,SO8,TO2 S,RO6 E,ACRES 0.888,
TRACT 5D IN SW4,PLAT H-29-D and ELKS CLUB PROP REARR,SO8.TO2 S.RO6 E,ACRES
2.309,TRACT 5C IN SW4,PLAT H-29-D
IN CONSIDERATION of receivingMaster SitePlan Approval from the City of Bozeman,along
with accompanying rightsand privilegesand forotherand valuableconsideration,the receiptof which
ishereby acknowledged,inrecognitionof trafficimpacts thatwillbe generatedby the development of
the above-describedproperty,have waived and do hereby forourselves,our heirs,personal
representatives,successorsand assigns,therighttoprotestthe creationof one or more special
improvement districtsforthe constructionof the following improvements
a)Streetimprovements to Highland Boulevard includingpaying,curb/gutter,sidewalk,and
..o-storm drainage
No.o b)Streetimprovements to Haggerty Lane includingpaying,curb/gutter,sidewalk,and storm
drainage
c)Intersectionimprovements to E.Main Streetand Highland Boulevard
d)Intersectionimprovements to E.Main Streetand Haggerty Lane
orto make any writtenprotestagainsttheproposed work or againstthe extentor creationofthedistricts
to be assessedin response toa duly passed resolutionof intentionto createone or more special
improvement districtswhich would includethe above-describedproperty.
In the event an SID is not utilizedfor the completion of these improvements,the developer
agreesto participatein an alternatefinancingmethod forthe completion of saidimprovements on a fair
share,proportionatebasisas determined by square footage of property,taxablevaluationof the property,
trafficcontributionfrom the development or a combination thereof.
This waiver shallbe a covenant running with the land and shallnot expirewith the dissolutionof
thelimitedpartnership,provided however thiswaiver shallapply tothe landshereindescribed.
The terms,covenants and provisions of the Waiver shallextend to,and be binding upon the
successors-in-interestand assignsof the partieshereto.
DATED this1stday of March,2017.
By:Donald,ETipe,Jr.
Title:Mpnaging Member
STATMF MONTANA )
:ss )
County of Gallatin )
On thislf day of get ,20 /7 ,beforeme,a Notary Publicforthe Stateof
Montana,personallyappeared Mac /d E CL or T'known to me to be the
/Wa na q,5q-/end-of Fa Alolk L,,w-devak 9the corporationthatexecuted the
foregoing'Warver of Right to Protest,and acknowledged tome thathe/she executed the same forand on
behalfof said corporation.
IN WITNESS WHEREOF,I have hereunto setmy hand and setmy sealthe day and year first
above written.
(SE
evv '',SHIRLEY VISSER
Notary Public fdrthe Stateof Montana e NotaryPublic
one forthestateofMontana
(PrintedN e ORoy My commissionexpires.0 no January28,2020
Residing at /re de /VT
M Commission ex iresR/SW /2020