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HomeMy WebLinkAbout26 - Development Agreements - 302 East Mendenhall LLC - Boutique Hotel Site Plan2872577 sem a3 -cËÍaTͲ°ËuÅt °M24AM Fee:0.00 111M11111111111511010111IIll1M11I#111111111 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 Improvements Agreement Page 1 24147BoutiqueHotelSitePlanandCommercialCertificateofAppropriatenessApplication 2872577 Page 2 of 7 03/19/2026 11:36:24 AM Boutique Hotel SitePlan #24147 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: Improvements Agreement Page 2 24147BoutiqueHotelSitePlanandCommercialCertificateofAppropriatenessApplication 2872577 Page 3 of 7 03/19/2026 11:36:24 AM Boutique Hotel SitePlan #24147 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. Improvements Agreement Page 3 24147BoutiqueHotelSitePlanandCommercialCertificateofAppropriatenessApplication 2872577 Page 4 of 7 03/19/2026 11:36:24 AM Boutique Hotel SitePlan #24147 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. Improvements Agreement Page 4 24147BoutiqueHotelSitePlanandCommercialCertificateofAppropriatenessApplication 2872577 Page 5 of 7 03/19/2026 11:36:24 AM Boutique Hotel SitePlan #24147 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 Improvements Agreement Page 5 24147BoutiqueHotelSitePlanandCommercialCertificateofAppropriatenessApplication 2872577 Page 6 of 7 03/19/2026 11:36:24 AM Boutique Hotel SitePlan #24147 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 Improvements Agreement Page 6 24147BoutiqueHotelSitePlanandCommercialCertificateofAppropriatenessApplication 2872577 Page 7 of 7 03/19/2026 11:36:24 AM Boutique Hotel SitePlan #24147 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 Improvements Agreement Page 7 24147 BoutiqueHotelSitePlanandCommercialCertificateofAppropriatenessApplication