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HomeMy WebLinkAbout90- SID for Traffic Control on N. 7th Ave. and Oak St. f ll.M 122 PACAG23 WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL IMPROVEMENT DISTRICTS FOR INSTALLATION OF A TRAFFIC CONTROL DEVISE AT EITHER THE INTERSECTION OF NORTH 7TH AVENUE AND OAK STREET OR THE INTERSECTION OF NORTH 7TH AVENUE AND BIRCH STREET I , as the undersigned authorized representative of the lessee of the real property situated in the County of Gallatin , State of Montana, and more particularly described as follows : Lots 1 and 2 of Block 4 , Westlake ' s Fourth Subdivision in the City of Bozeman , Montana, and more commonly known as the site of the K mart retail store at 1126 North 7th Avenue, Bozeman . Montana. IN CONSIDERATION of receiving conditional approval of a Major Site Plan Application to construct a 26 , 000 square-foot addition to an existing retail store from the City of Bozeman , along with accompanying rights and privileges and for other and valuable consideration , the receipt of which is hereby acknowledged , in recognition of the traffic impacts that will be generated by the development of the above-described property , have waived and do hereby for K mart Corporation , its personal representatives, successors and assigns, waive the right to protest the creation of one or more special improvement districts for the installation of a traffic control device at either the intersection of North 7th Avenue and Oak Street or the intersection of Birch Street and North 7th Avenue, or to make any written protest against the proposed work or against the extent or creation of the district to be assessed in response to a duly passed resolution of intention to create one or more special improvement districts which would include the above-described property . The waiver will be exercised when future traffic counts demonstrate a signal in this area is needed , or in conjunction with FAU project -- 19th and Oak ; and participation in said SID will be limited to a prorata share based on the findings of an independent traffic impact study. This waiver shall be a personal covenant of K mart Corporation and shall expire on January 31 , 2025 . 1 F H 122 P►ACEN24 I warrant that I am the legally authorized representative for K mart Corporation which is lawfully possessed of the real property described above and that K mart Corporation has a lawful right to enter into this Waiver . The terms, covenants, and provisions of this waiver shall extend to and be binding upon the heirs, executors , administrators , personal representatives, successors and assigns of the parties hereto. DATED this /Z �R day of Mike Skiles , Vice President K mart Corporation STATE OF MICHIGAN ) : ss County of Oakland ) On this / day of 19_Z2, before me, a Notary Public for the State 'o Michigan , personally appeared Mike Skiles , known to me to be the Vice President of K mart Corporation , wM,o executed the foregoing Waiver of Protest, and acknowledged to mQ that he executed the same for an on behalf of said corporation . 'a 1 } IN WITNESS WHEREOF , I have hereunto set my hand and set my seal the day and year first above written . 14�. Notv,'Y" Pgb1 i c for the State of ., ;"i gan ROS`a d�[h g at " '414y- Commission Expires : 1RENF F. HAMMOND Notary Public Macomb County Michigan My commission expires 7/24/91 Acting in Oakland County 2 PI[ u 1.22 PAU1625 WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL IMPROVEMENT DISTRICTS FOR CURB, GUTTER , SIDEWALK, AND STREET IMPROVEMENTS_ EQUAL TO ONE-HALF A LOCAL STREET STANDARD TO NORTH 5TH AVENUE BETWEEN OAK AND HEMLOCK STREETS I , as the undersigned authorized representative of the lessee of the real property situated in the County of Gallatin , State of Montana, and more particularly described as follows : Lots 1 and 2 of Block 4, Westlake ' s Fourth Subdivision in the City of Bozeman , Montana, and more commonly known as the site of the K mart retail store at 1126 North 7th Avenue , Bozeman. Montana. IN CONSIDERATION of receiving conditional approval of a Major Site Plan Application to construct a 26 , 000 square-foot addition to an existing retail store from the City of Bozeman , along with accompanying rights and privileges and for other and valuable consideration , the receipt of which is hereby acknowledged , in recognition of the traffic impacts that will be generated by the development of the above-described property, have waived and do hereby for K mart Corporation , its personal representatives , successors and assigns, waive the right to protest the creation of one or more special improvement districts for curb, gutter , sidewalk , and street improvements equal to one-half of a local street standard to North 5th Avenue between Oak and Hemlock Streets, or to make any written protest against the proposed work or against the extent or creation of the district to be assessed in response to a duly passed resolution of intention to create one or more special improvement districts which would include the above-described property . This waiver shall be a personal covenant of K mart Corporation and shall expire on January 31 , 2025 . I warrant that I am the legally authorized representative for K mart Corporation which is lawfully possessed of the real property described above and that K mart Corporation has a lawful right to enter into this Waiver . 1 122 PACAG26 The terms , covenants , and provisions of this waiver shall extend to and be binding upon the heirs , executors , administrators, personal representatives , successors and assigns of the parties hereto. DATED this lr1 "—day of 19 /'-c' . 17 "Mike Skiles, Vice President K mart Corporation STATE OF MICHIGAN ) : ss County of Oakland ) On this /� ' day of 19L, before me, a Notary Public for the State o Michigan, personally appeared Mike Ski les , known to me to be the Vice President of K mart Corporation , who executed the foregoing Waiver of Protest, and acknowledged to me that he executed the same for an on behalf of said corporation . IN WITNESS WHEREOF , I have hereunto set my hand and set my seal the day and year first above written. o'tra`r,y,. Public for the State of j gan Rei di ng, at ,;,•� My Cornmi�;sion Expires: (SEAL-) IRENE F. HAMMOND "K• Notary Public Macomb County Michigan My commission expires 7/24/91 Acting in Oakland County ,OEXEU 242400 'tit 0( ►llttnt., courty of Belle in. as F09d tar rsrcrd An i 1 7 _,� 2 : 30P , it2 i iC ;P. f ir+: 122 Of MISCELLANEOUS A% 1�2a «� rf/AW_ s Fee : $24 . 00 / Rt : City of Bozeman 2