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Home My WebLink About26 - Development Agreements - RG 5400 Fowler LLC - Homestead at Buffalo Run Site Plan2878444 Sam a -Ga a i ouny M Homestead atBuffaloRun SitePlan 21424 IMPROVEMENTS AGREEMENT FOR THE HOMESTEAD AT BUFFALO RUN SITE PLAN APPLICATION BOZEMAN,MONTANA THIS AGREEMENT ismade and enteredintothis 2 dayof Joe ,2026, by and between RG 5400 Fowler LLC,3400 Walnut Street,Suite 240,Denver,CO 80205, hereinaftercalled the "Owner"and "Developer,"and the City of Bozeman,a Municipal Corporation of the Stateof Montana,hereinaftercalledthe "City." WHEREAS,it is the intentand purpose of the Developer to meet the conditionsof approval of a SitePlan Applicationto allow constructionof a residentialdevelopment and related siteimprovements on property located at:Phase 3 -3410 Edgerton Avenue,3380 Edgerton Avenue,3385 Gabriel Avenue,3375 Gabriel Avenue,3435 Gabriel Avenue,3425 Gabriel Avenue,and 3415 Gabriel Avenue and legallydescribed as N ½SW ¼SW ¼Section 23, Township 02 South,Range 05 East of P.M.M.,City of Bozeman,GallatinCounty,Montana. WHEREAS,itisthe intentof the Developer to obtainfinalroutingapproval forallnew buildingsinphase 3,and WHEREAS,itistheintentand purpose ofboth the Developer and the Citytohereby enter into an Agreement which will guarantee the fulland satisfactorycompletion of the required improvements on the propertyhereinafterdescribed;and itisthe intentof thisAgreement,and of the partieshereto,to satisfythe improvements and guarantee requirements for the conditional approval of saidSitePlan Application. NOW,THEREFORE,inconsiderationofthe mutual covenants and conditionscontained herein,itishereby agreed as follows: 1.Property Description This Agreement pertainsto and includesthose propertieswhich are designatedas R-4_/ R-C_on the City ofBozeman Zoning Map,and identifiedas Phase 3 -3410 Edgerton Avenue,3380 Improvements Agreement Page 1 21424HomesteadatBuffaloRun SP Homestead atBuffaloRun SitePlan 21424 Edgerton Avenue,3385 Gabriel Avenue,3375 Gabriel Avenue,3435 Gabriel Avenue,3425 GabrielAvenue,and 3415 GabrielAvenue and legallydescribedasN ½SW ¼SW ¼Section 23, Township 02 South,Range 05 East of P.M.M.,City of Bozeman,GallatinCounty,Montana 2.Improvements This Agreement specificallyincludesremaining landscaping and irrigationimprovements in the Meadow Creek Park expansion with Phase 3 per the approved SitePlan Application#21424,and Modification Applications#23106,24218,and 25018 as illustratedinthe attachedexhibit. 3.Financial Guarantee,Time for Completion of Improvements Ifthe use of the structureisto occur priortocompletion of allrequiredon-siteimprovements,this Improvements Agreement must be secured by a financialguarantee,as may be deemed acceptable by the City,payable to the City of Bozeman,in an amount equal to one and one-halftimes the estimated cost of the installationof any required improvements not completed at the time occupancy of structuresisrequested.Improvements may be financiallyguaranteed with a letter of creditor otheracceptableform of security.Said method of securityshallbe validfor a period of not lessthan twelve (12)months.In any event,allrequiredimprovements shallbe completed within nine (9)months of occupancy in orderto avoid defaulton the method of security. 4.Inspection Representativesof the City shallhave the righttoenterupon theproperty at any reasonabletime in order to inspectitand to determine ifthe Developer isin compliance with thisAgreement,and theDeveloper shallpermit the City and itsrepresentativesto enterupon and inspectthe property atany reasonabletime. 5.Default Time isof the essenceforthisAgreement.IftheDeveloper shalldefaultinor failtofullyperform any of itsobligationsin conformance with the time schedule under thisAgreement,and such defaultor failureshallcontinue fora period of thirty(30)days afterwrittennoticespecifyingthe defaultisdeposited in the United Statesmail addressed to the owner at RG 5400 Fowler LLC, 3400 Walnut Street,Suite240,Denver,CO 80205,or such otheraddress as the Developer shall 21424HomesteadatBuffaloRun SP Flomestead atBuffaloRun SitePlan 21424 provide to the City from time to time,without being completely remedied,satisfied,and discharged,the City may electto enforce any of the following specifiedremedies: A)The City may,at itsoption,declarethe financialguarantee to be forfeitedand securethe complete constructionand inspectionof the improvements describedherein.The City's representative,contractors,and engineers shallhave the rightto enterupon the property and perform such work and inspection,and the Developers shallpermit and secure any additionalpermission requiredto enablethem to do so. B)The City may enforceany otherremedy provided by law. 6.Indemnification The Developer hereby expresslyagrees to indemnify and hold the City harmless forand against allclaims,costsand liabilityof every kind and nature,forinjuryor damage receivedor sustained by any person or entityin connection with,or on account of the performance of work at the development siteand elsewhere pursuant tothisAgreement.The Developer furtheragreesto aid and defend the City in the event thatitis named as a defendant in an action concerning the performance of work pursuant to this Agreement except where such suitis brought by the Developer.The Developer isnot an agent or employee of theCity. 7.Warranty The Developer shallwarrant againstdefectsin theseimprovements fora period of one year from the date of theirwrittenacceptance by the Governing Body.The Developer acknowledges that the requiredlandscapingmust be maintained in a healthy,growing condition at alltimes.The Developer isresponsibleforregularweeding,mowing of grass,irrigating,fertilizing,pruning,and other maintenance of allplantingsas needed.Any plantthatdies must be replaced with another livingplantthatcomplies with theapproved landscapeplan.The Developer hereby acknowledges thatfailureto maintain requiredlandscapingina healthygrowing conditionatalltimes may result in a code violation. 8.Governing Law and Venue This Agreement shallbe construed under and governed by the laws of the Stateof Montana.In 21424HomesteadatBuffaloRun SP . Homestead atBuffaloRun SitePlan 21424 the event of litigationconcerning thisAgreement,venue is in the Eighteenth JudicialDistrict Court,GallatinCounty,Stateof Montana. 9.Attorney's Fees In the event itbecomes necessary foreitherpartytothisAgreement toretainan attorneytoenforce any of the terms or conditionsof thisAgreement,then the prevailingparty shallbe entitledto reasonableattorney'sfeesand costs,to includethesalaryand costsof in-housecounsel including City Attorney. 10.Modifications or Alterations No modificationsor amendment of thisAgreement shallbe valid,unlessagreed to inwritingby thepartieshereto. 11.Invalid Provision The invalidityor unenforceabilityof any provision of thisAgreement shallnot affectthe other provisions hereof,and thisAgreement shallbe construed in allrespectsas ifsuch invalidor unenforceable provisionwere omitted. 12.No Assignment Itis expresslyagreed that the Developer shallnot assign thisAgreement in whole,or in part, without priorwrittenconsent of theCity. 13.Successors Except as provided in paragraph 10,thisAgreement shallbe binding upon,ensure to the benefit of,and be enforceableby the partiesheretoand theirrespectiveheirs,successorsand assigns. mprevments Aeersent Page4 21424 HomesteadatBuffaloRun SP Homestead atBuffaloRun SitePlan 21424 LANDOWNER By:Drew Kraft £) RG 5400 Fowler LLC,f (On behalfof)(Capacity) STATE OF44GNTANA-) :ss COUNTY OF On this 2 day of ,2026,be o e me,th ndersigned,a Notary Public forthe Stateof Montana,per nallyappearedfSP)AJ))d(a known tome tobe the landowner thatexecuted the wi instrument,and acknowledged to me thatthey executed the same as (insertcapacity)and on behalfof 5400 Fowler LLC. IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL)Signatureand rinted e) Notary Public or th9 Stateof Residing at / My Commissioi xpires:/A( (Use four digitsforexpiration¼fear) .iAMESGOUDf ICFARYPUBUC STATEOFCOLORADO NOTARYID20164016598 MYcoMMISSONEXPIRESMAY08,.20A! Improvements Agreement Page5 21424HomesteadatBuffaloRun SP Homestead atBuaalo Run SitePlan 21424 THE CITY OF BOZEMAN Erin George DirectorCityof Bozeman Community Development STATE OF MONTANA) :ss County of GALLATIN ) On this day of ca¾,2026,before me,a Notary Public forthe Stateof Montana,personallyappeared Erin George,known to me to be the person described in and who executed the foregoing instrumentas Directorof the City of Bozeman Department of Community Development,whose name issubscribedtothewithin instrumentand acknowledged to me thathe executed the same forand on behalfof saidCity. IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy NotarialSeal the day and year firstabove written. (SEAL)(Signatureand Printedname) Notary Public forthe Stateof Montana X s2b'f-,SAMUEL L SAGSTETTER Residing atBozeman fortheStat o ontana My Commission Expires:2 .21 O ) Residingat:(IJsefour digitsforexpirationyear)*.SEAL sozeman,Montana My CommissionExpires: December22,2026 21424HomesteadatBuffaloRun SP Homestead atBuffaloRun SitePlan 21424 EXHIBIT A Total Amount per estimate=$26,675.62 Total Amount guaranteed=$40,013.43 Phase 3 Remaining Park Improvements -Meadow Creek Park Expansion mussmsform $asynes)PHASE3PAItK(INCLUDEITEMSIA57AND50UTHOFBACKOFCURBALONGKLNtt AND6ASRIELSTREET)129400 GENERALCONDITIONSINCLUDINGMOOstlZATION,SUPERVISION 1.00 LS $25.738.39$25.738.39 32.80.005LEEVESOncludedmlrnganon 1.00 is $.$ 329400 FINEGRAD4NG 9L194.00 5F $0.05$4,559.70 329400 TOPSOltPREP/SCREENONSITEMATERIAL5 1,689.00 CY $2500 $42,22500 329400 TOPWILPLACEMENT(6")1,689.00 CY $9.00$15,201.00 N/A TRA5HRECEPTACLESBYOTHERS $ 3294.00LAND5CAPEMULDERS 5.00 EA $190.00$950,00 32.80.00IRRIGATIONINCLUOlMGitEINTOEXISTINGWELL 1.00 ta $137,385 32.9400 CRUSNERRNE5TRAILINTOEMISTINGPARK 1ßm.M So $1 $2.00 $2-91.008LUGRAS$MO ALONGNURKONVEANDGAONttAVENut 7,926.00 5F $$6,737.10 32.95.0080K100IRRGATEDOLUEGRAS5500MULTIUSEAREA 8,000,00 SP 6 00.00 $2.9100NATIVEGRASSREVEGETATION 75,268.00 SF 5 S 10,557.52 3293.00DECIOUOUSTREIS $$ 1293.00 (2)2-1/2*CALSKYUNEHONEYLOCUST 2.00 (A $770.00$1,54000 32.93.00(2)2-1/2*NORTHERNREDOAK 2.00 EA $770s $1,54000 3293.00 (2)2-1/2*LITTLELEAFUNO(N 2.00 (A $770 $1,54000 32.93.00(2)2-1/2*OHIOBUCKEYE 2.00 EA $770 $1,54000 3293.00 (321/2*TURltl5HFILSERT 3,00 EA $770 $2,310.00 32.93.00(2}21/2*SUROAK 200 EA $770 $L54000 1293.00 (3)21/2*NORTHERNCATALPA 3.00 EA $770 $2r31000 N/A $TORMTECHSTRUCTUREBYOTH(R5 $ N/A CONCRETEPAD5ANOBENCHESBYOTHERS $ N/A WOOORAllFENCEANDGATE58YOTHER5 $ N/A BA5KETBALLCOURTANOEQUIPMENTBYOTHERS $ N/A CONCRETE(58DEWALK5BYOTHERS)$ $26,675.62 Improvements Agreement Page 7 21424HomesteadatBuffaloRun SP Homestead atBuffaloRun SitePlan 21424 Improvements Agreement Page 8 21424HomesteadatBuffaloRun SP