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HomeMy WebLinkAbout26 - Waivers of Right to Protest - Bozeman 7 RE LLC - Atwell Hotel Application BP24-000367023-5-G 2875569 Inter-OfficeOriginalto:˪f°sk13 -a°tf2?Ͳ°²su°y °¾0 PM Fee:.00 City of Bozeman H|lH1||H||H|||ll|#|l|H|l|lH|#|llH||#1I#111|l||lH1|||l||11I|H| City Clerk PO Box 1230 Bozeman,MT 59771-1230 WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL DISTRICT OR SPECIAL IMPROVEMENT DISTRICTS ATWELL HOTEL -APPLICATION NO.:BP24-00036702 Bozeman 7 RE LLC,the undersigned owner (the "Landowner")of the realproperty situatedinthe County of Gallatin,Stateof Montana,and more particularlydescribedas follows: (g,pa.40/2/- Lot 2-C of Amended Plat J-5-p,amending Lot 1B &2B of Amended Plat J-5-C,Document No.2412896,located in the SE ¼of Section 35 of Township 01 South,Range 5 East, P.M.M.,Gallatin County,Montana. Recording Ref.:Document No.28 7 5 5 6 6 ,Amended Plat J- IN CONSIDERATION of receivingsiteplan approvalof thesubjectpropertyfrom the City of Bozeman,along with accompanying rightsand privilegesand for other good and valuable consideration,the receiptof which ishereby acknowledged,and in recognitionof the impacts to streetsand intersectionsaround the project,namely Baxter Lane between 19*Avenue and Simmental Way which willbe caused by the development of the above-described property,the Landowner has waived and does hereby waive for itself,itssuccessorsand assignsforeverthe rightto protestthe creationof one or more specialdistrictsor specialimprovements districtsfor the design and engineering,constructionand maintenance of followingimprovements: a.Street improvements to Baxter Lane between 19th Avenue and Simmental Way includinglighting,signalization,paving,curb/gutter,sidewalk,and storm drainage. 1 2875569 Page 2 of 3 04/27/2026 03:18:30 PM b.Intersectionimprovements at 19th Avenue and Baxter Lane including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. c.Intersectionimprovements at Baxter Lane and Simmental Way including lighting, signalization/channelization,paving,curb/gutter,sidewalk,and storm drainage. Landowner agreestheCityhas the solerightto controlthedesignand constructionof such improvements and may includeany of the above components and othersnecessaryto ensure such improvements comply with alladopted City infrastructureplans and requirements.Landowner waives itsrightor tomake any writtenprotestagainstthe sizeor areaor creationof the districtbe assessed in response to a duly passed resolutionof intentionto create one or more special improvement districtswhich would includethe above-describedproperty. In the event a specialdistrictor specialimprovement districtis not utilizedfor the completion of theseimprovements,the Landowner agrees to participatein the alternatefinancing method forthe completion of saidimprovements on a fairshare,proportionatebasisdetermined by the City on thebasisof the square footage of property,taxablevaluationof theproperty,traffic contributionfrom the development or a combination thereof. This waiver ismade forthebenefitof thepropertydescribedhereinand shallbe 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. DATED this65 day of March,2026. LANDOWNER: Boze 7 RE LLC James M.Ke eally Manager 2 2875569 Page 3 of 3 04/27/2026 03:18:30 PM STATE OF MONTANA ) :ss. County of SilverBow ) The foregoing instrument was acknowledged before me this601day of March,2026,by James M.Kenneally in hiscapacityas Manager of Bozeman 7 RE LLC. (SEAL) ellLLHAMRY NOTARYPUBLICforthe d Montana Notary ubhe SEAL ResidingatButte,Montana a 02 3