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HomeMy WebLinkAbout92- IA for John Rawlings IMPROVEMENTS AGREEMENT FOR JOHN RAWLINGS THIS AGREEMENT is made and entered into this l� day of 199V by and between John Rawlings , 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 of a Conditional Use Permit application to allow the use of a portion of the residence on the property in question to be used as a bed and breakfast inn ; 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 improvements on 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 Site Plan approval of said 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 Lots 31 and 32 , Block E, Story ' s Addition to the City of Bozeman , Montana, and more commonly described as 603 West Babcock Street. 2 . Improvements This Agreement specifically includes the installation of an off-street parking area, the installation of a remote reader on the water system, 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" . 1 3 . Financial Guarantee, Time for Completion of Improvements As pavement of the lot, and thus the parking thereon , has already occurred , 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 this time. Said method of security shall be valid for a period of not less than twelve ( 12 ) months . In any event, all required improvements on the site as delineated on Exhibit "A" , which is attached and made a part of this Agreement, shall be completed within nine ( 9 ) months of occupancy of the bed and breakfast inn . 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 603 West Babcock Street, Bozeman , MT 59715 , or such other address as the 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 . 2 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 . hn Rawlings STATE OF MONTANA ) : ss County of Gallatin ) On this q� day of ✓�p (' o .1R�, 1991 , before me , a Notary Public for the State of Montana, personally appeared John Rawlings , known to me to be the person who executed the foregoing Improvements Agreement and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. Notary Publi or State of Montana Residing at:Commission Expires : (SEAL ) THE CITY OF BOZEMAN " � Z�� Phillip . F r b es Director of Public Service STATE OF MONTANA ) : ss County of Gallatin ) On the X:71-Mday of � � 1991 , 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 Public' for State of Montana Residing a t: GL .y'2-�t- J Commission Expires : (SEAL ) 4 "EXHIBIT B" ESTIMATED COST FOR IMPROVEMENTS JOHN RAWLINGS BED AND BREAKFAST INN ----------------------------------------------------------------------------------------- DATE: A) 2Z PROJECT: Z-9111 - Conditional Use Permit to allow the use of a portion of the residence located at 603 West Babockc to be used as a bed and breakfast inn , John Rawlings , applicant DEVELOPER'S SIGNATURE: ITEM SQ. FT. /LN . FT. COST/UNIT EST. COST Off-Street Parking Space in rear of lot 180 sq . ft. $ 100 . 00 TOTAL ESTIMATED COST : 1 1 . c"C_) x 1 . 5 = Approved by City Engineering Office: Date: