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HomeMy WebLinkAbout14-The Knoll at Baxter West Major Subdivision P-13036 Sidewal and Landscape Improvements Agreement J-514 Send Urihinal to: Cis,of Bozeman(leak P.O.Box 1230 121 North pause Avenue Bozeman,,N1T 9771 2472004 912014 12:32.57 PM Fee: $11 00 Charlotte Mills - Gallatin County, M7 IMP 111111111111 il 1 111111 1 111111111111!1 1 1 1 1 1 1 1 l 1 1 1 1 1 1.1 1 1 1 1 1 1 111 111 I I I I I lit 11 l IMPROVEMENTS AGREEMENT FOR TIME KNOLL AT BAXTER WEST .MAJOR SUBDIVISION This AGREEMEN"l" is made and entered into this day of �_ � 2014, by and between BMW, LLC hereinafter called the "Subdivider", and the CITY OF BOZEMAN, a municipal corporation and political subdivision of the State of Montana, with offices at City Hall, 121 North Rouse Avenue, P.O. Box 1230, Bozeman, MT 59771-1230, hereinafter called the "City" WHEREAS, it is the intent and purpose of the Subdivider to meet the conditions of preliminary plat approval, Planning Application. No. P-12014, for the Final Plat application of The Knoll at Baxter Test Major S'ubrlivision (#P-I3036), to subdivide 26.314± acres together and create sixty five (65) single-household residential lots and the remaining area as common open spaces, trails, and public streets; and WHEREAS, it is the intent and purpose of the Subdivider to obtain Final Plat approval for The Knoll at Baxter West Major Subdivision, and WHEREAS, the Final Plat for The Knell at Baxter West Major Subdivision, was filed prior to the installation of all required subdivision improvements and an improvements agreement with financial security was provided; and WHEREAS, it is the intent and purpose of both the Subdivider and the City to hereby enter into an Agreement which will guarantee the full and satisfactory completion of the required improvements The Knoll at Baxter West Major Subdivision—Sidewalk& Landscape Improvements Agreement I related with the property hereinafter described; and it is the intent of this Agreement, and of the parties hereto, to satisfy the improvements guarantee requirements for the Final Plat approval of The Knoll at Baxter West Major Subdivision. NOW, THEREFORE, in consideration of the mutual covenants and conditions contained herein, it is hereby agreed as follows: 1. Property Description ,Mis Agreement pertains to, and includes, those properties which are designated and identified as being: LEGAL DESCRIPTION—THE KNOLL AT BAXTER WEST (SIDEWALK IMPROVEMENTS ON LOT FRONTAGE, LANDSCAPE IMPROVEMENTS AND LIGHTING) A parcel of land, said parcel being a portion of Tract 1A of the Amended Plat of Baxter Meadows Subdivion, P.U.D. Phase 1, Tract I (J-353A), being located in the Southwest Quarter of Section 34, Township I South, Range 5 East of P.M.M., City of Bozeman, Gallatin County, Montana, and said parcel being more particularly described as follows: Beginning at the northwest comer of said Tract 1A; thence North 89'52'08" East, on the north line of said tract, a distance of 1080.32 feet to the northwest comer of Tract A I A of the Amended Plat of Baxter Meadows Subdivision recorded in Book J of Plats, on Page 353D of Gallatin County records, said comer being 011 the centerline of Baxter-Border Ditch; thence on said centerline through the following 5 courses: South 14'18'31" East, a distance of 32.19 feet; South 03'58'09" West, a distance of 62.90 feet; South 08'57'09" East, a distance of 76.94 feet; South 02'40'52" East, a distance of 38.39 feet; South 13°54'51" East, a distance of 24.00 feet; thence South 89'52'48" West, on the north line of Kimberwicke Street, a distance of 68.36 feet, thence on the west line of said street and on the westerly line of Block 18 of the Plat of Baxter Meadows Subdivision, Phase 3A though the following 3 courses, South 06°31'17"'' East, a distance of 603.66 feet; South 01'50'14" East, a distance of 60.66 feet; South 07'30'45" East, a distance of 177.06 feet; thence on the generally northerly line of said Phase 3A plat through the following 8 courses: South 80"'44'15" West, a distance of 101.22 feet; on a non-tangent curve to the left with a radius of 2030.00 feet, a central angle of 1'02'43", an arc length of 37.03 feet and a chord which bears North 09'47'07" West; North 10'18'28" West, a distance of 15,39 feet; North 90'00'00" West, a distance of 783.49 feet; on a non-tangent curve to the right with a radius of 2820.00 feet, a central angle of 01'01'08", an arc length of 50.14 feet and a chord which bears South 04'19'05" West; North 90'00'00" West, a distance of 130.26 feet; thence South 00'24'37" West, a distance of 90.00 feet; North 90'00'00" West, a distance of 110.00 feet; thence North 00'24'37" East, on the west line of Section 34, a distance of 1169.86 feet to the Point of Beginning. The described parcel has an area of 26.314 acres, more or less. The described parcel is as shown on the accompanying plat and is along with and subject to any existing easements. The Knoll at Baxter West Major Subdivision—Sidewalk& Landscape Improvements Agreement 2 SUBJECT to al.1 easements of record or apparent from a visual inspection of the property. 2. Improvements This Agreement specifically includes the following improvements for The Knoll at Baxter West Major Subdivision: a) lot sidewalk improvements, b) landscape,trails and open space improvements, and c) site lighting, The Estimated Cost of said improvements for Lot Sidewalk improvements were generated by C&H Engineering grad Surveying, Inc., 1091 Stoneridge Drive, Bozeman,MT 59718, at One Hundred Thousand Eight Hundred Fifty Dollars and No Cents ($100,850.00). Thc cost estimate for Landscape, Trails and Open Space improvements has been estimated by Solstice Landscape, 523 West Babcock Street,Bozeman, MT 59715, at One Hundred Fifty Six Thousand Seven Hundred Sixteen Dollars and No Cents ($156,716,00). The cost estimate for site Lighting improvements has been estimated by Bowen Electric, P.O. Box 1488, Belgrade, MT 59714, at Fifty Five Thousand Two Hundred Thirty Dollars and No Cents ($55,230.00). Total improvements covered by this Improvement agreement equal One Hundred Thirty Fifty Six Thousand Seven Hundred Sixteen Dollars and No Cents($156,716,00). The estimates are attached and made a part of this Agreement, as Exhibit"A". 3. Financial Guarantee,Time for Completion of Improvements,Additional restrictions It is the Subdivider's intent with this Agreement to file the Final Plat prior to completion of all required subdivision improvements. Therefore, this Agreement shall be secured by a Letter of Credit (Bank of Arnerica, N.A; $469,194.00) acceptable to the City of Bozeman, which is one hundred and fifty (150) percent of the Estimated Cost of said improvements. Presentation of this Letter of Credit may be made by facsimile transmission as stated on the face of the I..,etter of Credit. The Letter of Credit shall be extended as necessary to maintain the required security. The Subdivider hereby agrees that the following subdivision related improvements shall be installed and completed no later than three (3) years after the riling of the final subdivision plat for The Knoll at Baxter West Major Subdivision: lot sidewalk improvements. The Knoll at Baxter West Major Subdivision—Sidewalk& Landscape Improvements Agreement 3 The Subdivider hereby agrees that the following subdivision related improvements shall he installed and completed within one (1)year wf the filing ok the final subdivision plat for The Knoll ut Baxter West Major Subdivision: a) landscape,trails and open space improvements, and b) site lighting requirements in order toavoid default ou the method nfsecurity. The Subdivider agrees that no delegation of performance required by this agreement shall relieve the Subdivider of any duty To perform or any liability for the bnomcb of that duty to complete said subdivision improvements required for The Knoll at Baxter West Major Subdivision. Upon submission o/fully documented invoices for the work performed, said work 1oheinspected and oenl6cd for payment by 5ubdividnr's professional engineers and the City ofl3nzeoouu and or its uQeu1u as necessary, the City of Bozeman may m:|eauc a portion of the letter of credit for the work completed by the referenced invoices. 4. Inspection Representatives of the City shall have the right to enter upon the property at any reasonable time in order 1m inspect it and to determine if the Subdivider is in compliance with this /\8rccoocot" and the Subdivider shall permit the City and its representatives 1n enter upon and luupeo1 the property at any reasonable time. 5^ Default Time is of the cmmeuue of this /\greooncot. If the Subdivider shall default in or fail to fully perform any of its obligations in uoofbroouoc with the booc schedule under this Agreement, and such default or failure shall continue for a period of ten (10) days after written notice specifying the default is deposited in the United 9Totca mail addressed to the Subdivider at BAIWILC, I35 Grec"hills Ranch Road, Bozeman, MT597I/L or such other address osthe Subdivider shall provide tu the City from time to time, without being completely remedied, uu1imfied, and discharged, the City may elect 10 enforce any of the following specified remedies: The Knoll at Baxter West Major Subdivision—Sidewalk J& Landscape Improvements Agreement 4 A) The City may, at its option, declare the financial guarantee to be forfeited and secure the complete construction and inspection of the improvements described herein. The City's representative, contractors, and engineers shall have the right to enter upon the property and perform such work and inspection, and the Developer shall permit and secure any additional permission required to enable them to do so. In the event that any funds remain from the financial guarantee upon completion of all improvements, such funds shall be promptly returned to the Subdivider, B) The City may enforce any other remedy provided by law. 6. Indemnification The Subdivider hereby expressly agrees to indemnify and hold the City harmless for and against all claims, costs and liability of every kind and nature, for injury or damage received or sustained by any person or entity in connection with, or on account of the performance of work at the development site and elsewhere pursuant to this Agreement. Subdivider further agrees to aid and defend the City in the event that it is named as a defendant in an action concerning the performance of work pursuant to this Agreement except where such suit is brought by the Subdivider. The Subdivider is not an agent or employee of the City. 7. Attorney Fees In the event it becomes necessary for either party to this Agreement to retain an attorney to enforce any of the terms or conditions of this Agreement, then the prevailing party shall be entitled to reasonable attorney's fees and costs, including fees, salary, and costs of in-house counsel including City Attorney, 8. Warrant The Subdivider shall warrant that these improvements are made in a good and workman-like manner and against defects of all improvements for a period of two(2)years from the date of their written acceptance by the governing body. All landscaped areas required by this Agreement shall be permanently maintained by either the Subdivider, or The Knoll at Baxter West Major Subdivision Home Owners Association if, and only if, 75 percent of the lots in The Knoll at Baxter West have been sold or ten (10) years have passed since the recording of these Covenants,whichever is longer. The Knoll at Baxter West Major Subdivision—Sidewalk& Landscape Improvements Agreement 5 9. Governing Law This Agreement shall be construed according to the laws of the State of Montana. In the event of litigation concerning this Agreement, venue is in the Eighteenth Judicial District Court, Gallatin County, State of Montana. 10. Modification or Alterations No modifications or amendment of this Agreement shall be valid, unless evidenced by a writing signed by the parties hereto. 11. Invalid Provision The invalidity or Unenforceability of any provision of this Agreement shall not affect the other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or unenforceable provision were omitted. 12. No Assignment It is expressly agreed that the Subdivider shall not assign this Agreement in whole, or in part, without prior written consent to City. 13. Successors Except as provided in paragraph twelve (12), this Agreement shall be binding upon, ensure to the benefit of, and be enforceable by the parties hereto and their respective heirs, successors and assigns. 14. Filing The Subdivider shall have this Agreement recorded in the Office of the Gallatin County Clerk and Recorder at the within 10 business days of the signature of the Community Development Director. The Knoll at Baxter West Major Subdivision—Sidewalk& Landscape Improvements Agreement 6 SUBDIVIDER BY- WALT WOLF, MANAGING MEMBER, BMW, LM,_� STATE OF MONTANA :ss County of Gallatin On this T—"Iday of 1 2014, before me a Notary Public of the State of Montana, personally appeared Walt Wolp', 'Known to me to be the person that executed the foregoing Improvements Agreement, and acknowledged to me that they executed the same for and on behalf of said Subdivider. *Managin Member of BMW, LLC IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. (SEAL) T\RA L Q IASI I P (Printed Name Here) / Nark;w; 1'uhhc o A f Notary Publ' for the State of Montana ��j I z for 0-1c Sta�c� �K Ig La Residing at f3o, ri irl� My Fxpires: My Commission Expires: Apiir04, 2017 (Use 4 digits for expiration year) The Knoll at Baxter West Major Subdivision—Sidewalk& Landscape Improvements Agreement 7 THE CITY OF BOZEMAN L7, BY: WENDY THOMAS, COMMUNITY DEVELOPMENT DIRECTOR CITY OF BOZEMAN STATE OF MONTANA 'ss County of Gallatin On the day of 2014, before me, a Notary Public for the State of Montana, personally appeared Wendy Thom 4s, known to me to be the person described in and who executed the foregoing instrument as Community Development Director of the City of Bozeman, whose name is subscribed to the within instrument and acknowledged to me that she executed the same for and on behalf of said City. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seat on the day and year first written above. ,(SEAL) (Printed Name Here) le StLOC' of i'd Pr('J '�I! Notary Public for the State of Montana [VIont"Ira Residing at NILE Nlv(,on im My Commission Expires: (Use 4 digits for expiration ar) The Knoll at Baxter West Major Subdivision-Sidewalk& Landscape Improvements Agreement 8 EXHIBIT "A" ESTIMATED COST FOR IMPROVEMENTS ----------------------------------------------------------------------------------------------------------------------- Date: Project. Th e Knoll at Baxter West Major Subdivision Developer: Walt Wolf BMW,LLC ------------------------------------------------------------------------------------------------------------------------------- Improvement Sq. Ft./Ln. Ft Estimated Cost Interior Sidewalk Improvements • Kimberwicke Street 1,938 lineal feet • Andalusian Avenue 1,891 lineal feet Ferrier Lane 1,311 lineal feet McCafferty Street 1,286 lineal feet Thoroughbred Lane 1,642 lineal feet 8,068 lineal feet(5' width) 40,340 sq/ft Per Square Foot $ 2.50 $100,850.00 Sub Total $100,850.00 150% $._50,4Z5." $151,275.00 Landscape/Trails and Open Space Open Space 145,322 square feet Harper Puckett median 11,394 square feet 156,716 square feet 56,716 sq/ft Per square foot $ 1.00 $156,716.00 150% $.....18-1358.00 $235,074.00 Site Lighting Bowen Electric Quote $ 55,230.00 150% ` 27,_615,0 $ 82,845.00 Total of all Improvements $312,796,00 150% $156,398.00 $469,194.00 Approved by City Engineer's Office 17 7 —Date 1 /7 114J The Knoll at Baxter West Major Subdivision—Sidewalk& Landscape Improvements Agreement 4 BMW, LLC The Knoll At Baxter West Bond 12-Dec-13 INTERIOR SIDEWALKS Kimberwicke St. 1,938 Lineal feet Andalusian Ave 1,891 Lineal feet Farrier Lane 1,311 Lineal feet McCafferty St 1,286 Lineal feet Thoroughbred Ln 1,6421-ineal feet Total Lineal feet 8,068 8,068 Sidewalk width X 5' Total Interior square feet 40,340 Square feet Per foot price X$2.5 $ 100,850 150% Bond Interior Sidewalks $ 151,275 LANDSCAPE/TRAILS AND OPEN SPACE Open Space 145,322 Square Feet Harper Puckett median 11,394 Square Feet 156,716 Square Feet Total Landscape/Trails Square Feet 156,716 Per foot Price x$1 $156,716.00 150% Bond Landscape/Trials $235,074.00 SITE LIGHTING Bowen Electric Quote $ 55,230.00 150% $ 82,845.00 rBOWEN PO BOX 1488 BELGRADE, NIT 59714 Ija ELECTRIC Email: bowen.eiericCvahoa. m 6 Poles @ $2,805 ea $16,830 6 Ballards @ $600 ea $3,600 Pole Bases $6,000 Bollard Bases $1,500 `Hire $6,200 Service $2,600 Labor $18,000 Total $55,230