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HomeMy WebLinkAbout26 - Interlocal Agreements - Bozeman School District #7 - Bozeman Sports Park School District Project Letter of Agreement July 14, 2026 RE: Bozeman Sports Park School District Project—Letter of Agreement This letter of agreement (the “Agreement”) confirms the understanding reached by the parties and sets forth the terms and conditions of a Financial Contribution by the Bozeman School District #7 (“District”) to the City of Bozeman (“City”) to complete the development of additional facilities at the Bozeman Sports Park. 1. Parties to the Agreement and Notices: a. For District Contact: Mike Waterman, Executive Director Business and Operations Address: 404 West Main Street, Bozeman MT 59715 b. For City Contact: Jon Henderson, Assistant City Manager Address: 121 N. Rouse Ave; Bozeman MT 59715 2. Background: Details of the Project and the specific responsibilities of each party are outlined in the Agreement between the District and the City signed and executed on December 10, 2024. This Agreement recognizes a Financial Contribution by the District to the City in the amount of $1,427,890.56 to support initial construction for the Project. Subsequent Agreements will be necessary for the transfer of additional funds after construction of the Project is complete. 3. District Responsibilities: a. Submit a check in the amount of $1,427,890.56 payable to the City no later than July 31, 2026. 4. City Responsibilities: a. Track the Financial Contribution and its uses separately and distinctly within its accounting records and provide those records to the District upon request. b. Utilize the funds exclusively for construction of the Project. c. Highlight the District’s funding and involvement in the project in press releases or other promotional activities. Docusign Envelope ID: D84772A1-CB80-876F-8246-B9E160EFD0DF 5. Acceptance: By signing below, the undersigned represent that they are authorized to act on behalf of their respective parties and to bind their respective parties to the terms of this Agreement, and that the undersigned parties have read, understand and agree to the above. Bozeman School District #7: Signed: ____________________________ Mike Waterman, Executive Director Business and Operations Date: ______________________________ City of Bozeman: Signed: _____________________________ Chuck Winn, City Manager Date: _______________________________ Docusign Envelope ID: D84772A1-CB80-876F-8246-B9E160EFD0DF 7/17/2026 7/17/2026