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Home My WebLink About90- IA for Lot 2A, Westridge Meadows South IMPROVEMENTS AGREEMENT FOR LOT 2A , WESTRIDGE MEADOWS SOUTH THIS AGREEMENT is made and entered into this 13 day of 1990 , by and between Clair W. Daines, Inc . , hereinafter called the "Developer" , and the City of Bozeman , a Municipal Corporation of the State of Montana, hereinafter called the "City" . WHEREAS , it is the intent and purpose of the Developer to meet the conditions of approval for a Conditional Use Permit allowing the development of a Minor Planned Unit Development consisting of two duplex structures ( four residential units) on the property in question ; and WHEREAS , it is the intent of the Developer to obtain Final Site Plan approval ; and WHEREAS , it is the intent and purpose of both the Developer and the City to hereby enter into an Agreement which will guarantee the full and satisfactory completion of the required intent of this Agreement, and of the parties hereto, to satisfy the improvements guarantee requirements for the Final Site Plan approval of said Modification of a Conditional Use Permit. 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 Lot 2A of Westridge Meadows No. 5 Minor Subdivision , City of Bozeman , Gallatin County , Montana. 1 2 . Improvements This Agreement specifically includes the installation of paved driveways, landscaping , and other improvements as illustrated on the plans and specifications hereto attached and made a part of this Agreement, as "Exhibit A" . The estimated cost of said improvements is attached and made a part of this Agreement, as "Exhibit B" . 3 . Financial Guarantee, Time for Completion of Improvements If occupancy of the new structure is to occur prior to installation of the improvements, the improvements must be secured by a financial guarantee, as may be deemed acceptable by the City , payable to the City of Bozeman , in an amount equal to one and one- half times the estimated cost of the installation of any required improvements not completed at that time. In any event, all required improvements for shall be completed within eighteen ( 18 ) months of written approval of the Final Site Plan by the Local Governing Body , or their designated representative. 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 Developer is in compliance with this Agreement, and the Developer 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 Developer 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 Developer at 202 East Kagy Boulevard , Bozeman , Montana 59715 or such other address as the 2 Developer 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 . 1 . 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. B) The City may enforce any other remedy provided by law. 6 . Warranty The Developer shall warrant against defects in these improvements for a period of one year from the date of their written acceptance by the Governing Body . 7 . Governing Law This Agreement shall be construed according to the laws of the State of Montana. 8. Modifications or Alterations No modifications or amendment of this Agreement shall be valid, unless evidenced by a writing signed by the parties hereto. 9 . 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 . 10 . No Assignment It is expressly agreed that the Developer shall not assign this Agreement in whole , or in part, without prior written consent to City. 3 11 . Successors Except as provided in paragraph 10 , this Agreement shall be binding upon , enure to the benefit of , and be enforceable by the parties hereto and their respective heirs , successors and assigns . CLAIR W. DAINES, By : Clair a i n e s STATE OF MONTANA ) : SS County of Gallatin ) On this I `n day of 1990 , before me , a Notary Public for the State of Montana, personally appeared Clair W. Daines known to me to be the owner of Clair W. Daines, Inc. and acknowledged to me that he executed the same for and on behalf of said corporation . IN WITNESS WHEREOF , I have hereunto set my hand and affixed my Notarial Seal the day and year first above written . Notary Public for the State Montana Residing at: i7ia� Commission Expires: -�S-�Il ( SEAL ) THE CITY OF BOZEMAN Phillip J Fo es Director of Public Service STATE OF MONTANA ) : SS County of Gallatin ) On the ;3rti day of 1990 , before me, a Notary Public for the State of Montana, personally appeared Phillip J . Forbes, known to me to be the person described in and who executed the foregoing instrument as Director of Public Service of the City of Bozeman , whose name is subscribed to the within instrument and acknowledged to me that he 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. Notary Publi or State of Montana Residing at: 40Z-tom^+.2�/, /'jT S97i5 Commission Expires : 3-15- 91 ( SEAL ) 4 "EXHIBIT B" ESTIMATED COST FOR IMPROVEMENTS i ------------------------------------------------------------------------------------------------- DATE: February 28, 1990 PROJECT: West e Meadows �o\uh 4-unit condominums DEVELOPERX Cla W. Daines -------------------------------- --------------- ------------------------------------------------- Item Sq .Ft . /Ln . Ft . Cost_Per_Unit Est , Cost Paving : Asphalt 3 , 600 sq. ft. 00� Sg. �f $3 , 600 , 00 Concrete N/A Sidewalks : N/A Curbing: N/A Landscape: 31 , 297 sq. ft. 11�/sa. ft. $3 , 443. 00 Landscape Protection : N/A Garbage Enclosure : N/A Exterior Lighting : N/A ** Two shown on FSP; to be leased from Montana Power TOTAL: -------- $7, 043 . 00 x 1 . 5 --------- $10, 565 . 00 TOTAL AMOUNT OF SECURITY:-------- $10 , 565 . 00 Approved By City Engineering Office : b Date: 3-6,- Po i