HomeMy WebLinkAbout91- IA for Clair W. Daines, College St. Apartments IMPROVEMENTS AGREEMENT
FOR
CLAIR W. DAINES, COLLEGE STREET APARTMENTS
THIS AGREEMENT is made and entered into this day of
ti IE , 1991 , by and between Clair W. Daines,
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 Minor Site Plan allowing the
construction of two structures to house seven apartment 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 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
Minor Site Plan .
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 1 , 2 , 3 , and 4, Block
1 , Spring Dell Addition, City of Bozeman , being more commonly known
as the southeast corner of South Black Avenue and West College
Street.
1
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
STATE OF MONTANA )
: ss
County of Gallatin)
On this _�_L day of 1991 , before me, a Notary
Public for the State of Mop ana, personally appeared Clair W.
Daines, known to me to be the person who signed 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 P lic for State of Montana
Residing at:
Commission Expires:
(SEAL )
THE CITY OF BOZEMAN
Phillip . orbes
Director of Public Service
STATE OF MONTANA )
:ss
County of Gallatin ) /
On the aY"/r4l day of V 1 991 , 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.
Okk� Cam, L��4�
Notary ublic for State f Montana
Res i d i g at:
Commission Expires : l`1�12
(SEAL )
4
"EXHIBIT B"
ESTIMATED COST FOR IMPROVEMENTS
CLAIR W. DAINES
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DATE : June 5 , 1991
PROJECT : Z-9120 - Minor Site Plan allowing the construction of two structures to
house seven apartment units on property described as Lots 1 , 2 , 3 and 4,
Block 1 , Spring Dell Addition ity of Bozeman
DEVELOPER' S SIGNATURE:
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ITEM SQ. FT. /LN . FT. COST/UNIT EST. COST
Curb 260 ln . ft. $ 8. 25/ln. ft. $ 2 , 145 .00
Asphalt 5 , 252 sq . ft. $ 1 . 00/sq . ft. $ 5 , 252 . 00
Security Lighting (2 ) $ 200/unit $ 400 . 00
Landscaping 8, 810 sq. ft. $ . 21/sq . ft. $ 1 , 850 .00
Storm Drainage System Per Eng . Calcs $ 4. 00/cu. yd. $ ----
TOTAL ESTIMATED COST: $�� .on
x 1 . 5 = /; $ 7 0.
Approved by City Engineering Office: Date:q -r
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