HomeMy WebLinkAbout26 - Development Agreements - 302 East Mendenhall LLC - Boutique Hotel Site Plan2872577
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Boutique Hotel SitePlan #24147
IMPROVEMENTS AGREEMENT
FOR THE BOUTIQUE HOTEL SITE PLAN AND
COMMERCIAL CERTIFICATE OF APPROPRIATNESS APPLICATION
BOZEMAN,MONTANA
THIS AGREEMENT ismade and enteredintothis /7 day of March,2026,by
and between 302 East Mendenhall Hotel LLC,402 E.Main Street,Suite3,Bozeman,MT 59715,
hereinaftercalled the "Owner"and "Developer,"and the City of Bozeman,a Municipal
Corporation of the Stateof Montana,hereinaftercalledthe "City."
WHEREAS,itis the intentand purpose of the Developer to meet the conditionsof
approval of a Site Plan and Commercial Certificateof Appropriateness Application to allow
constructionof one commercial buildingand relatedsiteimprovements on propertylocatedat302
E.Mendenhall Streetand legallydescribedas Bozeman OriginalPlat,S07,T02 S,R06 E,Block
D,ParcelA,PlatC-1-H,City of Bozeman,GallatinCounty,Montana.
WHEREAS,itistheintentof the Developer to obtainfinaloccupancy fora new building
locatedat302 E.Mendenhall Streetand
WHEREAS,itisthe intentand purpose of both theDeveloper 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,inconsiderationof themutual covenants and conditionscontained
herein,itishereby agreed as follows:
1.Property Description
This Agreement pertainsto and includesthosepropertieswhich are designatedas B-3_on
theCityof Bozeman Zoning Map,and identifiedas 302 E.Mendenhall Streetand legallydescribed
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as Bozeman OriginalPlat,S07,TO2 S,RO6 E,Block D,ParcelA,PlatC-1-H,City of Bozeman,
GallatinCounty,Montana.
2.Improvements
This Agreement specificallyincludes off-sitesewer improvements in Mendenhall Streetas
provided intheapproved application#24147,as illustratedinthe attachedexhibit.
3.Financial Guarantee,Time for Completion of Improvements
Iftheuse of the structureistooccur 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 financiallyguaranteedwith 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
withinnine (9)months of occupancy in orderto avoid defaulton themethod of security.
4.Inspection
Representativesof the City shallhave the rightto enterupon the propertyatany reasonabletime
inorder to inspectitand to determine iftheDeveloper isin compliance with thisAgreement,and
the Developer shallpermit the City and itsrepresentativesto enterupon and inspectthe property
atany reasonabletime.
5.Default
Time isof the essenceforthisAgreement.IftheDeveloper shalldefaultin or failto fullyperform
any of itsobligationsin conformance with the time schedule under thisAgreement,and such
defaultor failureshallcontinuefor a period of thirty(30)days afterwrittennoticespecifyingthe
defaultisdepositedinthe United Statesmail addressed tothe owner at302 East Mendenhall
Hotel LLC,402 E.Main Street,Suite3,Bozeman,MT 59715,or such otheraddressas the
Developer shallprovide to the City from time to time,without being completely remedied,
satisfied,and discharged,the City may electto enforceany of thefollowingspecifiedremedies:
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A)The City may,at itsoption,declarethe financialguaranteeto be forfeitedand secure the
complete constructionand inspectionof the improvements described herein.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 requiredtoenable them 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 thisAgreement except where such suitis brought by the
Developer.The Developer isnot an agent or employee of the City.
7.Warranty
The Developer shallwarrant againstdefectsintheseimprovements 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 conditionat alltimes.The
Developer isresponsibleforregularweeding,mowing ofgrass,irrigating,fertilizing,pruning,and
othermaintenance of allplantingsas needed.Any plantthatdiesmust be replacedwith another
livingplantthatcomplies with the approved landscapeplan.The Developer hereby acknowledges
thatfailureto maintain requiredlandscapingina healthygrowing conditionatalltimes may result
ina code violation.
8.Governing Law and Venue
This Agreement shallbe construed under and governed by the laws of the Stateof Montana.In
the event of litigationconcerning thisAgreement,venue is in the Eighteenth JudicialDistrict
Court,GallatinCounty,Stateof Montana.
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9.Attorney's Fees
In theevent itbecomes necessaryforeitherpartytothisAgreement to retainan attorneytoenforce
any of the terms or conditionsof thisAgreement,then the prevailingparty shallbe entitledto
reasonableattorney'sfeesand costs,toincludethe salaryand costsof in-housecounsel including
City Attorney.
10.Modifications or Alterations
No modificationsor amendment of thisAgreement shallbe valid,unlessagreed to in writingby
thepartieshereto.
11.Invalid Provision
The invalidityor unenforceabilityof any provisionof thisAgreement shallnot affectthe other
provisions hereof,and thisAgreement shallbe construed in allrespectsas ifsuch invalidor
unenforceableprovisionwere omitted.
12.No Assignment
Itis expressly agreed thatthe Developer shallnot assign thisAgreement in whole,or in part,
without priorwrittenconsent of the City.
13.Successors
Except as provided inparagraph 10,thisAgreement shallbe binding upon,ensure to the benefit
of,and be enforceableby the partiesheretoand theirrespectiveheirs,successorsand assigns.
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LANDOWNER
By:Matt Paine
302 East Mendenhall Hotel LLC,Est
(On behalfof)(Capacity)
STATE OF MONTANA )
:ss
COUNTY OF GALLATIN )
On this '7 day of /flaCC h ,2026,beforeme,theundersigned,a Notary
Public forthe Stateof Montana,personallyappeared 4qat.+-fai ng ,known tome to be the
landowner thatexecuted the within instrument,and acknowledged to me thatthey executed the
same as (insertcapacity)fceSidc6-)--and on behalfof 302 East Mendenhall Hotel LLC.
IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe
day and year firstabove written.
M4€J L.539Fe34c'
(SEAL)(Signatureand Printedname)
Notary Publicforthe Stateof Montana
SAMUEL LSAGSTETTER Residing at fpot 4 (\(a {
fortheStat o ontana My Commission Expires:/2,/2 2 7 ofs
!Residingat:(Use fourdigitsforexpirationyear)t*.SEAL.sozeman,Montana
...·My CommissionExpires:
,OF December22,2026
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THE CITY OF BOZEMAN
Erin George
DirectorCityofBozeman Community Development
STATE OF MONTANA)
:ss
County of GALLATIN )
On this 19 day of ,2026,before me,a Notary Public for the Stateof
Montana,personallyappeared Erin George,known to me to be the person describedin and who
executed the foregoing instrumentas Directorof theCity of Bozeman Department of Community
Development,whose name issubscribedtothe within 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 Publicforthe Stateof Montana
Residing atBozeman
My Commission Expires:V2 /22/2e2-s
s G ,SAMUEL L SAGSTETTER (USe fourdigitsforexpirationyear)
NotaryPublic
fdoTAR4 .fortheStateofMontana
5 .Residingat:SEAL.Bozeman,Montana
My CommissionExpires:December22,2026
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EXHIBIT A
sousqueHotegmemhnholi
opene wrestseatmeknamemeans rrin tr
EngineersF.sHatale 1 17
Novenatnar17,2A24 Engineering
an•nne.o..artpean ceannies"a uses
101 MahdizedonTamesBondInamance 1 LS 16FSO203 16780.00
102 TrameContns&Pennes 1 LA 75 .00 7 000t00
103 SWPPPandBMPs 1 LA 1000020 10000.00
104 Consuc6ce 1 LS 5 25 20 25,00000
Somer
202 336 LF
203 30 LF
EA
205 1D LF
208 1 EA
207 4 VF
208 15 CV
209 1 LS
UC 3 B
301 1 EA11
303 1 EA
8tnestRestormeon
401 Re Bodorn UnWTrenchee2"TNck S6 TON 5 120405 677160
402 1.5"MnusOnshedBaseCoume8"Thick 482 SY 18.80 647.00
403 3"Mnush»Course12"Tlack 462 SY 2620 3 it680.00
404 MN han2"1417 SY 5 540 5 7066.00
406 HotMk 12*Tidck)182 TON $120AD $19,384.B6
406 RemoveandRe Cwband(Amer 10 LF 5 55.005 55000
407 Removeandas SidemonTN$1 64 SF 5 2340 1,932.00
408 EponyPavementSMpire 1 GAL 5 350405 360.00
409 summare 191 F 35 .00
EsamatedConstnscticriCosts$234,113D.16
15ansmuan14%$13,38t21
PrevsiengWageFmacr17%S 24,383.80
TotalBednamiedConstruceanComaS 372.265d4
Total Amount per estimates=$372,265.16
Total Amount guaranteed=$558,397.74
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