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HomeMy WebLinkAbout13- Baxter Meadows Subdivision, Phase 3A Send Original to: City of Bozeman Planning Department P.O.Box 1230 Bozeman,INIT 59771 2459594 1 PLATTED Page: 1 of 8 08/16/2013 09:17:31 AM Fee: $56 00 �—r Charlotte Mills - Gallatin County, MT IMP 11111111111111111111111111111111111111111111111111111111111111111111111111 IIII IMPROVEMENTS AGREEMENT FOR BAXTER MEADOWS SUBDIVISION,PHASE 3A This AGREEMENT is made and entered into this Li day of — , 2013, by and between BMW, LLC, hereinafter called the "Landowner", 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 Landowner to meet the conditions of preliminary plat approval, Planning Application No. P-05065, for the Final Plat application of Bailer Meadows Subdivision, Phase 3 (#P-05065), which was initially approved to subdivide 83f acres together and create 129 lots and the remaining area as public parklands, open spaces, public streets and alleyways; and WHEREAS, Phase 3A final platted a portion of the originally approved area to create 75 lots remaining area as public parklands, open spaces,public streets and alleyways; and WHEREAS,all required improvements except for sidewalks have been completed; and WHEREAS, Section 38.39.030.B.2, BMC provides for sidewalks to be deferred and financially guaranteed under certain defined circumstances;and WHEREAS, a previous improvements agreement was in place for which the financial guarantee is about to expire and there are still some lots which continue to meet the criteria for Section 38.39.030.B.2, BMC; and WHEREAS, it is the intent and purpose of both the Landowner and the City to hereby enter into an Agreement which will guarantee the full and satisfactory completion of the required improvements 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 Baxter Meadows,Phase 3A. NOW, THEREFORE, in consideration of the mutual covenants and conditions contained herein, it is hereby agreed as follows: 1. Property Description This Agreement pertains to, and includes, those properties which are designated and identified as being: Lot 9,Block 14;Lot 12, Block 15;and Lots 12-14,Block 18 of the Baxter Meadows Subdivision Phase 3A 2. Improvements This Agreement specifically includes the following improvements for Phase 3A: a)City standard sidewalk. The Estimated Cost of said improvements has been estimated by LJB Flatwork LLC, 403 Golden Valley Dr.,Bozeman MT 59718 at Six Thousand, Three Hundred Twelve Dollars and Eighty Cents($6,312.80) and is attached and made a part of this Agreement, as Exhibit"A". 3. Financial Guarantee,Time for Completion of Improvements,Additional restrictions It is the Landowner'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 financial guarantee in the form of a financial guarantee acceptable to the City of Bozeman, which is one hundred and fifty (150)percent of the Estimated Cost of said improvements. The financial guarantee shall be in full force and effective until the work is completed by the Landowner and accepted by the City of Bozeman. Said financial guarantee shall be automatically renewed or extended at a minimum thirty (30) days prior to the expiration date if all required subdivision improvements are not installed at that time. The Landowner hereby agrees that the following subdivision related improvements shall be installed and completed with issuance of a building permit and prior to issuance of an occupancy permit or within two (2) years of the date of this agreement whichever comes first, in order to avoid default on the method of security. The Landowner agrees that no delegation of performance required by this agreement shall relieve the Landowner of any duty to perform or any liability for the breach of that duty to complete said subdivision improvements required for the Baxter Meadows Subdivision,Phase 3A. Upon submission of fully documented invoices for the work performed, said work to be inspected and certified for payment by Landowner's professional engineers and the City of Bozeman and or its agents as necessary, the City of Bozeman may release 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 to inspect it and to determine if the Landowner is in compliance with this Agreement, and the Landowner shall permit the City and its representatives to enter upon and inspect the property at any reasonable time. 5. Default Time is of the essence of this Agreement. If the Landowner shall default in or fail to fully perform any of its obligations in conformance with the time schedule under this Agreement, and such default or failure shall continue for a period of thirty (30) days after written notice specifying the default is deposited in the United States mail addressed to the Landowner at BMW,LLC,235 Greenhills Ranch Road, Bozeman MT 59718, or such other address as the Landowner shall provide to the City from time to time, without being completely remedied, satisfied, and discharged, the City may elect to enforce any of the following specified remedies: 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 Landowner. B) The City may enforce any other remedy provided by law. 6. Indemnification The Landowner 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. Landowner 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 Landowner. The Landowner 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. Warranty The Landowner shall warrant against defects of all improvements and that these improvements are made in a good and workman-like manner for a period of two (2)years from the date of their written acceptance by the governing body. 9. Governine 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 Landowner 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 Landowner shall have this Agreement recorded in the Office of the Gallatin County Clerk and Recorder within 5 business days of the date of this agreement. LANDOWNER BY: WALTER WOLF, MANAGING MEMBER, BMW, LLC STATE OF MONTANA ) :ss County oWty ) On this of , 2013, before me a Notary Public of the State of Montana, personally appeared Walte olf4 known to me to be the person that executed the foregoing Improvements Agreement, and acknowledged tome that they executed the same for and on behalf of said Landowner. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. r (SEAL) , / 1qyRj 0 1 L__W (Printed Name ere) Wendy Wilson Notary Pub Nc for the State of Montana Notary Public Residing at for the state of Montana My Commission Tres: �pTARIAC a - Residing at: N: SEA .-. Belgrade, Montana (Use 4 digits for expir on year) MY C' °0,,,OF,µ,�,`` S` THE CITY OF BOZEMAN BY:WENDY THOMAS, DIRECTOR OF COMMUNITY DEVELOPMENT CITY OF BOZEMAN STATE OF MONTANA ) :ss County of Gallatin ) On the I today of N ,2013,before me,a Notary Public for the State of Montana,personally appeared Wend omas, known to me to be the person described in and who executed the foregoing instrument as Director of Community Development 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 seal on the day and year first written above. (SEAL) TARA L HASTIE 0.cQ P�PL HgsTi Notary Public (Printed Name Here) ~�oznrirq�� for the State of Montana Notary Public for the State of Montana Residing at: SH:AL.;,' Bozeman, Montana Residing at � 'T9lFOF MO�F My Commissio2noE7pires: My Commission Expires 6 April Q4, (Use 4 digits for expiration year) EXHIBIT"A" ESTIMATED COST FOR IMPROVEMENTS ----------------=-------------------------------------------------------------------------------------------------------------- Date: R-9 - a�4 Project: Baxter Meadows Subdivision,Phase 3A Developer: Walter Wolf Managing Member,BMW,LLC. ------------------------------------------------------------------------------------------------------------------------------- Improvement Sq.Ft./Ln. Ft Estimated Cost Street Boulevard Sidewalks 2,428 sq ft Per LJB Flatwork Bid $ 6,312.80 Total = $ 6,312.80 x 1.5 = $ 9,469.20 Approved by City Engineer's Office Date r__.�....w.`__.i___.., c+__�..�n_.t_t__ tip___ �♦ ■__�..__._-.__�a_ •__.__�_�a �