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HomeMy WebLinkAboutAmendment No. 1 to Final Condominium Declaration and By-Laws for Intermodal Commerce Condominiums Return to; March Law, P.C. 225 E. Mendenhall Bozeman, MT 59715 AMENDMENT NO. I TO THE FINAL CONDOMINIUM DECLARATION AND BY-LAWS FOR INT'ERPw'ODA,L COMMERCE CONDOMINIUMS THIS AMENDMENT executed on the day of �� ��"= , 2012 is made pursuant to the amendment provisions and procedures set forth in the original Condominium Declaration and Bylaws of and for Intermodal Commerce Condominiums which were recorded as Document No. 2316526, records of the Gallatin County Clerk and Recorder's office (hereinafter "Declaration"). This Amendment is made pursuant to the provisions contained in the Declaration to change the boundaries of units and pursuant to the Amendment provisions and procedures set. forth in the Declaration, which provides that the Amendment must be approved by 100% or more of the unit owners. This Amendment was made after an affirmative vote of 100%of the unit owners of the Intermodal Commerce Condominiums. The purpose of this amendment is to change the boundaries of the Units whereby a space referred to as the"Office Suite"of the Parking Garage Unit shall become part of the Detail Unit, This space is further described and depicted as the "Office Suite" on the Floor Plan for the second level of Intermodal Commerce Condominiums which is attached to the Declaration as Exhibit "B" NOW,THEREFORE,and in recognition of the powers of Amendment described above,the Amendment No. 9 to Intermodal Commerce Condominiums Page I Amendment to the Declaration is as follows: 1. That the recitals as set forth above are hereby incorporated herein by reference, 2. The Intermodal Commerce Condominiums is comprised of two Units, namely the Parking Garage Unit and the Retail Unit. The Parking Garage Unit contains a space on the second floor of the building that is described on the Second Level Floor Plans thereto as the "Office Suite - Parking Garage Unit" (hereinafter referred to as "Office Suite"), 3. The purpose of this Amendment is to adJust the boundaries of the two Units so as to cause the removal of the"Office Suite"from the Parking Garage Unit of the Intermodal Commerce Condominiums and to cause its addition to the Retail Unit of the Intermodal Commerce Condominiums, 4. That the Declaration is hereby modified to reflect the change in the boundaries of the Units in the Intermodal Commerce Condominiums, Specifically,the space designated and described as the"Office Suite"on the Second Level Floor Plans to the Intermodal Commerce Condominiums Declaration shall be removed from the Parking Garage Unit of the Intermodal Commerce Condominiums and become a part of the Retail Unit of the Intermodal Commerce Condominiums, 5. That with the change in the boundaries of the Units the initial percentage of ownership for each Unit as set forth in the original Declarations is revised as follows: Unit No. Square Footage, Revised PercentUe.of Interest In General Common Elements RETAIL UNIT 10,907 8,03% GARAGE UNIT 124,974 91.97✓ TOTAL 135,781 100% 6. That amended exhibits B, C, D, E, F and G are attached hereto showing the change Amendment No, I to Intermodal Commerce Condominiums Page 2 to the boundaries of the Units and is incorporated herein by reference and shall replace exhibits B., C, D, E. F and G previously on file and of record in the office of the Gallatin County Clerk and Recorder's Office filed as Document No. 2316526. T That the Parking Garage Unit shall not adopt rules or regulations that would deny the Retail Unit access to the stairwell leading to the Office 'Suite. 8. The following paragraph shall be added to Article III-Easements, Common Elements -Interior Remodel. The Parking Garage Unit("Grantor")hereby grants perpetual,unfettered access for ingress and egress to the second floor Detail Unit("Grantee„)through the Parking Garage Unit's northerly stairwell. For purposes of this casement the second floor Retail Unit is the dominant (benefitted) tenement and the Park Garage Unit is the servient (burdened) tenement. 9. That except for the specific changes, modifications, clarifications and additions contained and set forth above,each and every one and all the terms and conditions contained within the Intermodal Commerce Condominium Declaration to remain in full force and effect,unchanged and unaltered by this Amendment except where inconsistent with or in conflict with the terms hereof in which case this Amendment shall control. Amendment No. 1 to intermodei Commerce Condominiums Page 3 IN WITNESS )A/I-IEREOF, I certify that this Arriendn-ient has been adopted by a vote of the Owners of one hundred percent (100%) of the members of Intermodal Commerce Condominium Owners Association and including, but not limited to, those on record and on file with the Gallatin County Clerk and Recorder's Office at Document Number on RETAIL UNIT Mendenhall Marketplace Condominium Owners Association By: Brian Caldwell President PARKING GARAGE UNIT CITY OF BOZEYLAN-' By- I s: STATE OF MONTANA ss COUNTY OF GALLATIN On this)-:7day of4w—�Lillv 2012, before me, a notary public in and for the State of Montana, personally appeAred Brian aldwell , known to me to be the President of the Mendenhall Marketplace Condominiums Owners Association and the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same pursuant to the authority vested in him, IN WITNESS WHEREOF, I have hereunto set my hand and sea] the day and year first above written. Phyllis C, Johnscri N!o1miry Public o r t i it e- c1i o.rit,a n a Notary Public for the Stat of Montana SL Residing at: 14'T e C i',;y C rrrn on Expires; (SE A ctober if; 2015 My Commission Expires.,/t,.11 O Amendment No. 1 to Intermodal Commerce Condominiums Page 4 STATE OF MONTANA ss COUNTY OF GALLATIN On this day of_ <-, V' 2012, before me, a notary public in and for the State ofMontana, personally appeared C' � known to me to be the of the Parking Garage Unit - City of Bozeman and the person whose name is subsc gibed to 1hewithin instrument and acknowledged to me that he executed the same pursuant to the authority vested in him. IN WITNESS WHEREOF, I have hereunto set my hand and seal the day and year first above written, AIMEE BRU RST NOTARY P BLI for the State of ontana my com iss. 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