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HomeMy WebLinkAbout23 - Annexation & Lot Mergers - 2B Holdings, LLC - 4840 Fowler Lane, Application 223832816277 Inter-officeOriginalto:3 n y T 1 C er PO Box 1230 Bozeman,MT 549771-1230 4840 FOWLER LANE ANNEXATION AGREEMENT THIS ANNEXATION AGREEMENT made and entered into this day of tcem ,2023,by and between the CITY OF BOZEMAN,a self-governingmunicipal corporationorganized and existingunder itsCharter and the laws of the Stateof Montana with offices at 121 N.Rouse Avenue,Bozeman,Montana 59771-0640,hereinafterreferredto as "City",and 2B Holdings,LLC,7555 Cottonwood Road,Bozeman,MT 59715,hereinafterreferredto as "Landowner". The effectivedateof thisAgreement shallbe thedateupon which theBozeman CityCommission adopts a resolutioncreatingthe 4840 Fowler Lane Annexation and authorizingexecutionof thisAgreement. W IT N E S S E T H : WHEREAS,Landowner isowner in fee of a tractof certainrealproperty,hereinafterreferred to as the 4840 FOWLER LANE ANNEXATION situatedin GallatinCounty,Montana,and more particularlydescribedas follows: A Tractof landbeing Tract2 of COS 1996,locatedin theNorthwest One-Quarter of Section23, Township 2 South,Range 5 East,P.M.M.,GallatinCounty,Montana,more particularlydescribed asfollows: 4840 FOWLER LANE Annexation Agreement,Application#22383 1 BEGINNING ata calculatedpositionon the Sectionlinebetween Sections22 &23 being the Southwest cornerof saidTract2 from which an illegiblealuminum cap,the ¼corner common toSections22 &23 bears South 00°09'50"East a distanceof 1329.70 feet; thence North 00°09'50"West along said Section Line a distanceof 664.85 feetto a calculated position;thence leavingsaidSectionLine North 89°17'16"East a distanceof 1341.25 feetto a 5/8"x24"rebarwith 2"Alpine Aluminum Cap; thence South 00°00'24"West a distanceof 668.78 feetto a 5/8"x24"rebar with 2"Alpine Aluminum Cap;thence South 89°27'18"West a distance of 1339.22 feetto the Point of Beginning,containing20.515 acresmore or less. SUBJECT to alleasements of record or apparentfrom visualinspectionof theproperty. All as depictedon the4840 FOWLER LANE Annexation Map. WHEREAS,theLandowner petitionedthe City forannexationtotheCity ofthe4840 FOWLER LANE ANNEXATION;and WHEREAS,the 4840 FOWLER LANE ANNEXATION isnot within the corporatelimitsof theCityorothermunicipalityand may thereforebe annexed totheCity inaccordance withtheprovisions of thisAgreement and Title7,Chapter 2,Part46,Mont.Code Ann.;and WHEREAS,thepartiesrecognizetheannexationofthe4840 FOWLER LANE ANNEXATION pursuant to Section 7-2-4601,et seq.,Mont.Code Ann.will allow the 4840 FOWLER LANE ANNEXATION to connect to and utilizeCity services,includingmunicipal water and sewer service, parks and recreation,fireand policeservices,and theCity'stransportationsystem;and WHEREAS,Section 7-2-4610,Mont.Code Ann.provides thata municipalityand landowner can agreeto theprovisionsof servicestothe areatobe annexed;and WHEREAS,thepartiesrecognize development on the4840 FOWLER LANE ANNEXATION willimpact areaparks,recreation,transportation,police,and fireservices,and thatfuturedevelopment may requireadditionalpublicinfrastructure,includingtransportation,capacityformunicipal water and sewer services,parks,recreation,police,and fireservices;and 4840 FOWLER LANE Annexation Agreement,Application#22383 2 WHEREAS,the Landowner findsthisAgreement willprovide forthe most satisfactoryand dependable water supply and sewer supply or service,and provide transportation,parks,recreation, policeand fireservicefordevelopment of the4840 FOWLER LANE ANNEXATION;and WHEREAS,thepartieshave determined thatitisinthebestinterestsof theCity and Landowner, and infurtheranceof thepublichealth,safetyand welfareof thecommunity to enterintoand implement thisAgreement. WITNESSETH: IN CONSIDERATION of the mutual covenants and agreements herein contained,the parties heretoagree as follows: 1.Recitals The above recitalsaretrueand correctand arehereby incorporatedintothisAgreement. 2.Annexation The Landowner filed an application for annexation of the 4840 FOWLER LANE ANNEXATION with theCityon December 6,2022.By executionofthisAgreement,the Citymanifests itsintentto annex the4840 FOWLER LANE ANNEXATION tractpursuanttotheterms and conditions of thisAgreement.Subject to the provisionsof Title7,Chapter 2,Part46,Mont.Code Ann.the City shall,upon executionof thisAgreement,adopt a ResolutionofAnnexation ofthe 4840 FOWLER LANE ANNEXATION.Further,upon the execution of thisAgreement,the Landowner shalldo allthings requiredby thisAgreement and allthingsnecessaryand proper to aid and assisttheCity in carryingout the terms,conditions and provisions of thisAgreement and to effectthe annexation of the 4840 FOWLER LANE ANNEXATION. 3.Services Provided 4840 FOWLER LANE Annexation Agreement,Application#22383 3 The City will,upon annexation,make availableto the 4840 FOWLER LANE ANNEXATION existingCity servicesonly tothe extentcurrentlyavailable,or asprovided inthisAgreement. 4.Municipal Water Service Defined The term "municipal water service"as used inthisagreement istheservicesuppliedby theCity inaccordance with Chapter 40,Article2,Bozeman Municipal Code,as amended,as well as any other terms and conditionswhich applytotheCity'sprovisionof municipalwater service,but does not include the extensionof linesor constructionof necessaryimprovements atany costtothe City fordeliveryof water to and within the 4840 FOWLER LANE ANNEXATION.Nothing in thisAgreement shall obligatethe City to pay forright-of-wayacquisition,engineering,construction,and othercostsforthe deliveryof water to orwithinthe 4840 FOWLER LANE ANNEXATION including,but not limitedto, any impact fees,hook-up,connection,or development charges which have been or may be established by the City. 5.Municipal Sewer Service Defined The term "municipal sewer service"asused inthisAgreement istheservicesuppliedby the City in accordance with Chapter 40,Article3,Bozeman Municipal Code,as amended,as well as any other terms and conditionswhich apply to the City'sprovision of thisservice,but does not include the extension of linesor constructionof necessary improvements at any costto the City forcollectionof sewage at and within the 4840 FOWLER LANE ANNEXATION.Nothing in thisAgreement shall obligatethe City to pay forright-of-wayacquisition,engineering,construction,and othercostsforthe collectionof sewage servicesto or withinthe4840 FOWLER LANE ANNEXATION including,but not limitedto,any impact fees,hookup,connection,or development charges which may be establishedby the City. 4840 FOWLER LANE Annexation Agreement,Application#22383 4 6.Water Rights The Landowner specificallyrecognizesand agreesthe Landowner must satisfythe City'swater adequacy code upon furtherdevelopment or subdivisionof the property in accordance with Section 38.410.130,Bozeman Municipal Code.The City willcalculatethe totalamount of water thatmust be offsetin accordance with 38.410.130 BMC atthe time of furtherdevelopment or subdivisionof the property.The Landowner must transferany useful water rightsthatexistfor the propertyto the City priorto development. The City has determined thatthe followingwater rightsthatexistforthispropertyareusefulfor the City and shallbe transferredto theCity upon furtherdevelopment or subdivisionof the property: NONE The amount of the calculateddemand offsetby the transferof theseusefulwater rightswillbe determined by the City at the time of futuredevelopment.Ifthe calculateddemand isnot completely offsetby the transferof theseusefulwater rights,the Landowner must offsetthe remaining calculated demand in accordance with 38.410.130 BMC priorto development.Ifcash in lieuof water rightsare used to offsetany portionof thecalculateddemand,the Landowner acknowledges thattheratesforcash in-lieuof water rightsmay increaseover time as establishedby Resolutionof the City Commission. 7.Water and Sewer Connections Landowner understands and agrees that water and sewer servicesmust be constructed in accordance with design and specificationsapproved by theCitypriorto theinstallationof thewater and sewer lines.Landowner must contacttheCityWater and Sewer Divisiontoobtaindetailsofconstruction requirements.Landowner must notifythe CityWater and Sewer Superintendenta minimum of48 hours priorto constructionof theservicesand disconnectionof the well and septicsystem abandonment. Landowner furtherunderstands and agreesthatpriorto connection to the City water and sewer 4840 FOWLER LANE Annexation Agreement,Application#22383 5 system,the existingon-sitesewage treatmentsystem must be properly abandoned and certification provided to the City Water and Sewer Division thatthe abandonment occurred.The Landowner must reporttheabandonment to the GallatinCity County Health Department.In additionto abandonment of the septictank and leach field,the applicantmust demonstrate thatthe sanitarysewer linesfrom the houses to the septictank has been completely disconnectedfrom the existingsepticsystem priorto the Landowner connectingthesanitarysewer linecoming from thehouses totheCitysanitarysewer system. Any wells presentlyused for domestic purposes may be retainedfor irrigationonly,with no physicalconnectionto domestic water piping.Certificationthatthereisno physicalconnectionbetween an on-sitewell and the domestic water linecoming from the City'swater supply to the house must be provided.The City Water and Sewer Divisionmay perform an inspectionof thepropertyto confirm that the disconnectionof the well and septicsystem abandonment are properly completed.Landowner understandsand agreesthatifLandowner failstoproperlyabandon the existingsepticsystem or failsto disconnectthe existingwell from the domestic water piping as requiredherein,the City may,upon ten day's writtennoticeto the Landowner,terminatewater and/orsewer servicesto theproperty.The cost of alldisconnectsand subsequent reconnectsshallbe borne by Landowner. 8.Comprehensive Water and Water Design Report Priortofuturedevelopment ofthepropertytheCitymay requirethe Landowner tohave prepared by a ProfessionalEngineer,at Landowner's sole expense,a comprehensive design reportevaluating existingcapacityof sewer and water utilitiesinthearea.The reportmust includehydraulicevaluations ofeach utilityforboth existingand post-development demands,and thereportfindingsmust demonstrate adequate capacityto serve the fulldevelopment of the land.Ifadequate infrastructurecapacityisnot available for the proposed development,the report must identifywater or wastewater system improvements necessary forthe proposed development.Ifimprovements to thiswater or wastewater 4840 FOWLER LANE Annexation Agreement,Application#22383 6 system are necessary,the Landowner agrees prior to development of the 4840 FOWLER LANE ANNEXATION to complete,atLandowner's expense,the necessarysystem improvements to servethe proposed development. 9.Future Development Limitations The Landowner shallbe responsibleforinstallingallfacilitiesrequiredtoprovide fullmunicipal servicestothepropertyin accordance with theCity'sInfrastructureMaster Plans and allCityregulations, policiesand guidelinesthat may be in effectat the time of any future development.Landowner understands and agrees Landowner has no right,eithergrantedor implied,foritto furtherdevelop any ofthe4840 FOWLER LANE ANNEXATION untilitisverifiedby the Citythatthenecessarymunicipal services,includingbut not limitedtopoliceand fireprotection,parks and recreation,transportation,and sewer and water capacity,are availableto allor the relevantportion of the 4840 FOWLER LANE ANNEXATION to servetheproposed development.Notice ishereby provided to the Landowner that priorto additionaldevelopment of the property,the Landowner willbe solelyresponsibleforinstalling, atLandowner's soleexpense,any facilitiesor infrastructurerequiredtoprovide fullmunicipal services to the 4840 FOWLER LANE ANNEXATION in accordance with the City's infrastructureplans, adopted Growth Policies/Community Plans,and allothercityregulations,policiesand guidelinesthat may be in effectatthetime of development. 10.Stormwater Master Plan Landowner understands and agrees a Stormwater Master Plan forthe 4840 FOWLER LANE ANNEXATION fora system designed toremove solids,oils,grease,and otherpollutantsfrom therunoff from public streetsand otherimpermeable surfacesmay be requiredtobe provided to and approved by the City Engineer atthe time of any futuredevelopment.The plan must demonstrate thatadequate treatmentof runofffrom public streets,otherimpermeable surfaces,and allfuturelotswillbe achieved 4840 FOWLER LANE Annexation Agreement,Application#22383 7 by providing spot elevations,flow directionarrows,detentionand/orretentionbasin details(including basin sizing calculationsand basin typicalsections),outletstructuredetails,and culvert capacity calculations.The plan must alsolocateand provide easements foradequate drainageways withinthe 4840 FOWLER LANE ANNEXATION totransporttreatedrunofftothestormwater receivingchannel. The plan shallinclude sitegrading and elevationinformation,typicalstormwater detention/retention basin and discharge structuredetails,basin sizing calculations,and stormwater maintenance plan. Landowner recognizesthe City may requiresuch Stormwater Master Plan tobe implemented intotalor inpartas a conditionof approvalof development of the4840 FOWLER LANE ANNEXATION. 11.Waiver of Right-to-ProtestSpecial Districts A.Landowner shallexecutea Waiver of Right to ProtesttheCreationof SpecialDistrictsor Special Improvement Districts(SID)for infrastructureimprovements to streetsand transportation systems including design and engineering,paving and subsurface improvements,curb and gutter, sidewalk and stormwater drainagefacilities,and fiberopticconduitfor: a.Streetimprovements to South 27thAvenue between Stucky Road and Blackwood Road including lighting,signalization,paving,storm/gutter,sidewalk,and storm drainage. b.Streetimprovements to Stucky Road between Fowler Lane and South 19thAvenue including lighting,signalization,paving,curb/gutter,sidewalk,and storm drainage. c.Streetimprovements to West Graf Streetbetween Fowler Lane to South 19thAvenue including lighting,signalization,paving,curb/gutter,sidewalk,and storm drainage. d.Streetimprovements to Fowler Lane between Blackwood Road and Stucky Road including lighting,signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. The Landowner agrees such SID will provide a mechanism for the fairand equitableassessment of constructionand maintenance costsfor such improvements.The waiver isattachedhereto as Exhibit "A"and ishereby incorporatedintoand made a partof thisAgreement. 4840 FOWLER LANE Annexation Agreement,Application#22383 8 B.Landowner shallexecute a Waiver of Right to Protestthe Creationof SpecialDistrictsor SpecialImprovement Districts(SID)forIntersectionimprovements includinglighting,signalizationand channelization,paving,curb/gutter,sidewalk,and storm drainagefor: e.Intersectionimprovements at South 27*Avenue and West Graf Streetincluding lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. f.Intersectionimprovements at Fowler Lane and West Graf Street including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. g.Intersectionimprovements at West Graf Street and South 19*Avenue including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. h.Intersectionimprovements at Stucky Road and South 19th Avenue including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. i.Intersection improvements to Fowler Lane and Stucky Road including lighting, signalization/channelization,paving curb/gutter,sidewalk,and storm drainage. j.Intersectionimprovements to Fowler Lane and Blackwood Road including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. The Landowner agreessuch SID or specialdistrictswillprovide a mechanism forthe fairand equitable assessment of constructionand maintenance costsforsuch improvements.The waiver isattachedhereto as Exhibit"B"and ishereby incorporatedin and made a partof thisAgreement. C.Landowner agrees thatin the event a specialdistrictor an SID is not utilizedfor the completion of theseimprovements as describedin subsectionA above,the Landowner shallparticipate inan alternativefinancingmethod forthe completion of the improvements on a fairshare,proportionate basis as determined by the City on the basisof the square footageof property,taxablevaluationof the property,trafficcontributionfrom the development or a combination thereof. D.Landowner understands and agreesthattheCity willchoose creationof a SID or special districtor an alternativefinancingmethod forthe completion of the improvements and may use either financingoptionatany time. 4840 FOWLER LANE Annexation Agreement,Application#22383 9 12.Public Street and UtilityEasement The Landowner understandsand agreesthata publicstreetand utilityeasement must be provided atthe time Landowner returnsthe signed annexation agreement for theirrespectiveportionof Fowler Lane Right of Way (50 feet)eastfrom thecenterlineof the existingRight of Way as a publicstreetand utilityeasement where Fowler is adjacent to the property prior to the adoption of Resolution of Annexation. The Landowner,atitssoleexpense,has createdsuch easements in a locationand form agreeable to the City and the easement willbe filedat the GallatinCounty Clerk and Recorder's Office.The Landowner furtherunderstands and agrees thatadditionalpublic streetand utilityeasements may be requiredfordeliveryof municipal serviceswith futuredevelopment and such easement shallbe provided atthe Landowner's soleexpense. 13.StreetImprovements The Landowner understands and agrees thatatthe time of futuredevelopment the portionof Fowler Lane and its related transportationinfrastructurefronting the 4840 FOWLER LANE ANNEXATION thispropertymust be improved to a City standardatLandowner's expense. 14.Impact Fees Landowner acknowledges that annexation and development of theirproperty will impact the City'sexistingstreet,water and sewer infrastructure,and the City'sfireservice.As approved by the City,the Landowner and itssuccessorsmust pay: A)Fireimpact feesequalto the amount per Chpt.2,Art.6.Div.9 BMC,or as amended,at time of issuanceof a buildingpermit. B)Transportationimpact feesequal to the amount per Chpt.2,Art.6.Div.9 BMC,or as amended,attime of issuanceof a buildingpermit. C)Water impact feesas requiredby Chpt.2,Art.6.Div.9 BMC,or asamended,atthetime of connectiontocitywater services. D)Sewer impact feesas requiredby Chpt.2,Art.6.Div.9 BMC,or asamended,atthetime of connectionto citysewer services. 4840 FOWLER LANE Annexation Agreement,Application#22383 10 The amount ofimpact feetheLandowner oritssuccessorspay forconnection to thecity'swater and sewer services,ifany,shallbe calculatedbased on theprovisionsof theBozeman Municipal Code, as amended,in effectat the time of applicationfor a permit to connect.The amount of streetor fire impact feesto be paid,ifany,shallbe calculatedbased on the provisionsof the Bozeman Municipal Code,as amended,in effectatthetime an applicationforbuildingpermit issubmitted. Landowner furtherunderstands and agrees that any improvements,eitheron-siteor off-site, necessaryto provide connection of the 4840 FOWLER LANE ANNEXATION municipal servicesand which are wholly attributableto the property as determined exclusivelyby the City are considered "projectrelatedimprovements"as definedinChapter 2,Article6,Division9,Bozeman Municipal Code, as amended,and as such,arenot eligibleforimpact fee credits. IfLandowner defaultson thisconditionatthe time such isto be performed,and should default not be remedied or correctedwithin thirty(30)days afterwrittennoticeby City tothe Landowner and Landowner/Developer of such default,the City may,atitsoption: A)Declaretheamounts owing forimpact feesimmediately due and payable and City shallhave therightand privilegetotake legalactionagainstLandowners forthe collectionof such sum,includingthe entryof any judgment.In addition,theCity may,atitsoption,enforcepayment of such amount by levyingan assessment on theproperty. B)Electany otherremedy availableto Cityunder the laws ofthe Stateof Montana. 15.Charges and Assessments Landowner understandsand agreesthatafterthisAgreement isrecorded the 4840 FOWLER LANE ANNEXATION willbe subjectto Cityassessmentsforarterialand collectorstreets,street maintenance,and treemaintenance on the same basisas allotherpropertiesintheCity. 4840 FOWLER LANE Annexation Agreement,Application#22383 11 16.Additional Terms The partiesrecognizethesedocuments must be filedand of recordwith the GallatinCounty Clerk and Recorder priorto the saleof any land within the 4840 FOWLER LANE ANNEXATION.The partiesfurtheragree thattheCity may filethesedocuments atany time. 17.Governing Law and Venue This agreement shallbe construedunder and governed by the laws of the Stateof Montana.In the event of litigation,venue isintheEighteenth JudicialDistrictCourt,in and forCounty of Gallatin, Stateof Montana. 18.Attorney's Fees In the event itbecomes necessary for eitherparty to thisAgreement to retainan attorneyto enforceany of the terms or conditionsof thisAgreement or to give any noticerequiredherein,then the prevailingparty or the party giving notice shallbe entitledto reasonable attorney'sfees and costs, includingfees,salaryand costsof in-housecounsel includingCity Attorney. 19.Waiver A waiver by eitherpartyof any defaultor breach by the otherpartyof any term or conditionof thisAgreement does not limitthe otherparty'srightto enforcesuch term or conditionor to pursue any availablelegalor equitablerightsinthe event of any subsequent defaultor breach.No covenant,term or agreement shallbe deemed waived by eitherpartyunlesswaived inwriting. 20.Invalid Provision The invalidityor unenforceabilityof any provisionof thisagreement shallnot affectthe other provisions hereof,and this Agreement shall be construed in all respects as if such invalid or unenforceableprovisionwere omitted. 21.Modifications or Alterations 4840 FOWLER LANE Annexation Agreement,Application#22383 12 No modificationsoramendment of thisAgreement arevalidunlessevidenced by a writingsigned by the partieshereto. 22.No Assignment Itisexpresslyagreed thatthe Landowner shallnot assign thisAgreement in whole or in part withoutpriorwrittenconsent of the City. 23.Successors This Agreement shallbe binding upon,inureto the benefitof and be enforceableby the parties heretoand theirrespectiveheirs,successorsand assignsand specificallyto any subsequentpurchaserof the annexed property. 24.Covenants to Run with the Land The partiesintend thatthe terms of thisAgreement shallbenefitthe 4840 FOWLER LANE ANNEXATION and shallbe covenants running with theland and shallnot expireattheirdeathsorupon transferof ownership oftheproperty. The undersigned affirms that they have authorityto enter into thisAgreement and to bind Landowner tothisAgreement. 4840 FOWLER LANE Annexation Agreement,Application#22383 13 IN WITNESS WHEREOF,thepartiesheretohave caused thisagreement tobe executed the day and year firstabove written. DATED this iy Aday of ,2023. LANDOWNER 2B H DINGSf C, By.enjamin cistler Title:Manager STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On this /6 day of c,,,,2023,by,foreme,theundersigned,a Notary Public forthe Stateof Montana,personallyappeared by%/v s-l/e-known to me to be the landowner thatexecuted thisAgreement and acknowledged thisrecord. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) %,,AARON CLARK ()printname fortheStateo ontana a e orme mate omomana raesidingat:Residing at \SEAI Bozeman,Montana My Commission Expires:\My CommissionExpires:°August10,2026 (Use 4 digitsforexpirationyea 4840 FOWLER LANE Annexation Agreement,Application#22383 14 CITY OF BOZEMAN By:f li Ci Manager ATTEST: Nco A(AS City Clerk STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On this day of fimhJf ,2023,before me,a Notary Publicforthe stateof Montana,personallyappeared JeffMihelich and Mike Maas,known to me to thepersons describedin and who executed the foregoinginstrumentas City Manager and City Clerk respectively, of the City of Bozeman,whose names are subscribedtothe within instrumentand acknowledged to me thatthey executed thesame forand on behalfof saidCity. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealtheday and year firstabove written. (SEAL) (7tA..Af &MW )printname JULIE HUNTER No y Publi or the Stateof Montana forthes°tato ontana Residing at ()/)A. esidingat:My Commission Expires:o6-),b Zo2.9 SEAL Bozeman,Montana (Use 4 digitsforexpirationyear)·...My CommissionExpires ,June11,2025 4840 FOWLER LANE Annexation Agreement,Application#22383 15 EXHIBIT "A" WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL DISTRICT OR SPECIAL IMPROVEMENT DISTRICTS 4840 FOWLER LANE ANNEXATION The undersigned owner of the realpropertysituatedinthe County of Gallatin,Stateof Montana, and more particularlydescribedas follows: A Tract of land being Tract2 of COS 1996 locatedin theNorthwest One-Quarter of Section23, Township 2 South,Range 5 East,P.M.M.,GallatinCounty,Montana,more particularlydescribed as follows: BEGINNING ata calculatedpositionon the Sectionlinebetween Sections22 &23 being the Southwest corner of saidTract2 from which an illegiblealuminum cap,the ¼corner common to Sections22 &23 bears South 00°09'50"East a distanceof 1329.70 feet; thence North 00°09'50"West along saidSectionLine a distanceof 664.85 feetto a calculated position;thence leaving saidSection Line North 89°17'16"East a distanceof 1341.25 feetto a 5/8"x24"rebarwith 2"Alpine Aluminum Cap; thence South 00°00'24"West a distanceof 668.78 feetto a 5/8"x24"rebar with 2"Alpine Aluminum Cap;thence South 89°27'18"West a distance of 1339.22 feet to the Point of Beginning,containing20.515 acresmore or less. SUBJECT to alleasements ofrecordor apparentfrom visualinspectionof the property. All as depictedon the4840 FOWLER LANE Annexation Map. IN CONSIDERATION of receivingapproval for annexation of the subjectproperty from the City of Bozeman,along with accompanying rights and privilegesand for other and valuable consideration,the receiptof which ishereby acknowledged,and in recognitionof the transportation impacts to: a.Streetimprovements to South 27thAvenue between Stucky Road and Blackwood Road including lighting,signalization,paving,storm/gutter,sidewalk,and storm drainage. b.Streetimprovements to Stucky Road between Fowler Lane and South 19thAvenue including lighting,signalization,paving,curb/gutter,sidewalk,and storm drainage. 4840 FOWLER LANE Annexation Agreement,Application#22383 16 c.Streetimprovements to West Graf Streetbetween Fowler Lane to South 19thAvenue including lighting,signalization,paving,curb/gutter,sidewalk,and storm drainage. d.Streetimprovements to Fowler Lane between Blackwood Road and Stucky Road including lighting,signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. which willbe caused by the development of the above-describedproperty,theowner has waived and does hereby waive foritself,itssuccessorsand assignsforeverthe righttoprotestthe creationof one ormore specialdistrictsorspecialimprovement districtsforthedesignand engineering,construction and maintenance of following improvements:for streetand transportationimprovements including design and engineering,paving and subsurface improvements,lighting,fiber optic conduit, curb/gutter,sidewalk,storm drainage facilities,and other dry utilitiesfor the aforementioned streetimprovements. Landowner agrees the City has the sole rightto controlthe design and constructionof such improvements and may include any of the above components and others necessary to ensure such improvements comply with all adopted City infrastructureplans and requirements.Further,the Landowner waives itsrightor to make any writtenprotestagainstthe sizeor area or creationof the districtto be createdin response to a duly passed resolutionof intentionto createone or more special improvement districtswhich would includetheabove-describedproperty. In theevent a specialdistrictor specialimprovement districtisnot utilizedforthe completion of these improvements,the developer agrees to participatein an alternatefinancing method for the completion of the improvements on a fairshare,proportionatebasisas determined by the City on the basisof the square footage of property,taxablevaluationof the property,trafficcontributionfrom the development or a combination thereof.Landowner understands and agrees thatthe City will choose 4840 FOWLER LANE Annexation Agreement,Application#22383 17 creationof a SID or specialdistrictor an alternativefinancing method for the completion of the improvements and may use eitherfinancingoption atany time. This waiver ismade forthe benefitof the propertydescribedhereinshallbe a covenant running with the land. The terms,covenants and provisionsof thiswaiver shallextend to,and be binding upon the successors-in-interestand assignsof the Landowner. 4840 FOWLER LANE Annexation Agreement,Application#22383 18 DATED this1bay of A áq ,2023. LANDOWNER 2B LDIN LLC, B :Benjannn Nistler Title:Manager STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On this /Ú day of ,2023,be e,theundersigned,a Notary Public forthe Stateof Montana,personallyappeared Seny.n <known to me to be the landowner thatexecuted thisAgreement and acknowledged thisrecord. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealtheday and year firstabove written. (8F A Tl AARON CLARK NotaryPublic )oTAR/.fortheStateofMontana .Residingat: My commissin E es:ntname August10,202e Notary Publicforthe Stateof Montana Residing at My Commission Expires: (Use 4 digitsforexpirationyear) 4840 FOWLER LANE Annexation Agreement,Application#22383 19 EXHIBIT "B" WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL IMPROVEMENT DISTRICTS 4840 FOWLER LANE ANNEXATION The undersigned owner of therealpropertysituatedinthe County of Gallatin,StateofMontana, and more particularlydescribedas follows: A Tractof land being Tract2 of COS 1996 locatedin theNorthwest One-Quarter of Section23, Township 2 South,Range 5 East,P.M.M.,GallatinCounty,Montana,more particularlydescribed as follows: BEGINNING ata calculatedpositionon the Sectionlinebetween Sections22 &23 being the Southwest corner of saidTract2 from which an illegiblealuminum cap,the ¼corner common to Sections22 &23 bears South 00°09'50"East a distanceof 1329.70 feet; thence North 00°09'50"West along said Section Line a distanceof 664.85 feetto a calculated position;thence leaving said SectionLine North 89°17'16"East a distanceof 1341.25 feetto a 5/8"x24"rebarwith 2"Alpine Aluminum Cap; thence South 00°00'24"West a distanceof 668.78 feetto a 5/8"x24"rebar with 2"Alpine Aluminum Cap;thence South 89°27'18"West a distance of 1339.22 feet to the Point of Beginning,containing20.515 acresmore or less. SUBJECT to alleasements ofrecordor apparentfrom visualinspectionof the property. All as depictedon the4840 FOWLER LANE Annexation Map. IN CONSIDERATION of receivingapproval forannexationof the subjectproperty from the Cityof Bozeman,along with accompanying rightsand privilegesand forothergood and valuableconsideration,the receiptof which ishereby acknowledged,and inrecognitionof the intersectionimpacts to: a.Intersectionimprovements at South 27th Avenue and West Graf Streetincluding lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. b.Intersectionimprovements at Fowler Lane and West Graf Street including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. c.Intersectionimprovements at West Graf Streetand South 19thAvenue including lighting, 4840 FOWLER LANE Annexation Agreement,Application#22383 20 signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. d.Intersectionimprovements at Stucky Road and South 19*Avenue including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. e.Intersection improvements to Fowler Lane and Stucky Road including lighting, signalization/channelization,paving curb/gutter,sidewalk,and storm drainage. f.Intersectionimprovements to Fowler Lane and Blackwood Road including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. which willbe caused by the development of the above-describedproperty,the owner has waived and does hereby waive foritself,itssuccessorsand assignsforevertherighttoprotestthe creationof one or more specialdistrictsor specialimprovement districtsforthe design and engineering,constructionand maintenance of followingimprovements:forstreetand transportationimprovements includinglighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. Landowner agrees the City has the sole rightto controlthe design and constructionof such improvements and may include any of the above components and othersnecessary to ensure such improvements comply with all adopted City infrastructureplans and requirements.Further,the Landowner waives itsrightor to make any writtenprotestagainstthe sizeor area or creationof the districtto be createdin response to a duly passed resolutionof intentionto createone or more special improvement districtswhich would includethe above-describedproperty. In the event a specialdistrictor specialimprovement districtisnot utilizedforthecompletion of these improvements,the developer agrees to participatein an alternatefinancing method for the completion of the improvements on a fairshare,proportionatebasis as determined by the City on the basisof the square footage of property,taxablevaluationof the property,trafficcontributionfrom the development or a combination thereof.Landowner understands and agrees thatthe City willchoose 4840 FOWLER LANE Annexation Agreement,Application#22383 21 creationof a SID or specialdistrictor an alternativefinancing method for the completion of the improvements and may use eitherfinancingoption atany time. This waiver ismade forthe benefitof thepropertydescribedhereinshallbe a covenant running with the land. The terms,covenants and provisionsof thiswaiver shallextend to,and be binding upon the successors-in-interestand assignsof theLandowner. 4840 FOWLER LANE Annexation Agreement,Application#22383 22 DATED this /f day of ,2023. LANDOWNER 2B LDI ,LLC, B7':Benjarnin Nistler Title:Manager STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On this /í6 day of ,2023,be or me,the undersigned,a Notary Public forthe Stateof Montana,personallyappeared ß,..5 ,known to me tobe the landowner thatexecuted thewithin instrument,and acknowledged to me thatthey executedthe same forand on behalfof landowner. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) ,,,AARON CLARK.-·..4''g NotaryPublic o fortheStateofMontana ()Printname esidingat:Notary Public forthe Stateof Montana.SEAL Bozernan,Montana Residin at \My CommissionExpires: °L August10,2026 My Commission Expires:\ (Use 4 digitsforexpirationyear) 4840 FOWLER LANE Annexation Agreement,Application#22383 23