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HomeMy WebLinkAbout07- Loyal Garden Major Subdivision, Phase 1A J-4b/ Inter-office Original to: City of Bozeman Planning Department 20 East Olive Street rYW,TF�A Illlll IIIII IIIII(II I IIIII IIIII IIIIIII I I Page: I 2269f II II IIIIIIIIIIII 06/14/2007 09:36R Charlotte Mills-Gallatin Co MTMISC 77,00 Loyal Garden Major Subdivision Phase lA #P-07014 IMPROVEMENTS AGREEMENT FOR LOYAL GARDEN MAJOR SUBDIVISION, PHASE 1A BOZEMAN,MONTANA THIS AGREEMENT is made and entered into this dayof uAi_� ,2007,by and between Covenant Investments, Inc.,P.O. Box 11428, Bozeman,MT 59719 hereinafter called the "Subdividers",and the Cityof Bozeman,a Municipal Corporation and political subdivision of the State of Montana, with offices at 411 East Main Street, P.O. Box 1230, Bozeman, MT 59771-1230, hereinafter called the "City". WHEREAS,it is the intent and purpose of the Subdivider to meet the conditions of approval of a major subdivision preliminary plat application for Loyal Garden Major Subdivision Phase 1A to divide 75 acres into 50 lots and 1 remainder tract (Planning Application No. P-07014) on property generally located on the southwest comer of Huffine Lane and Cottonwood Road; and WHEREAS, it is the intent of the Subdivider to obtain Final Plat approval;and WHEREAS, it is the intent and purpose of both the Subdivider 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 requirements and guarantee improvements for the conditional approval of said major subdivision application. NOW, THEREFORE, in consideration of the mutual covenants and conditions contained herein, it is hereby agreed as follows: Improvements Agreement Page 1 IIIIII IIII IIII IIII l 226934 I IIIIIIII IIIIIII III IIII Page: 2 of 11 IIII IIII 06/14/2007 09:36A Charlotte Mills-Gallatin Co MTMISC 77.00 Loyal Garden Major Subdivision Phase lA #P-07014 1. Property Description This Agreement pertains to and includes those properties which are designated and identified as follows: All lots, streets, public park and private open space platted within Loyal Garden Major Subdivision Phase 1A, located within the NE 1/a, Sec. 16, T2S, R5E, City of Bozeman,Montana 2. Improvements This Agreement specifically includes detention ponds street signage and striping sidewalks,landscaping park improvements. lift station, offsite water and sewer, Cottonwood Road improvements including culverts, road excavation, pit run gravel cushion gravel asphalt asphalt trail and Cottonwood and Huffine signal improvements as illustrated on the plans and specifications contained in the City Engineering Department and Planning Department files. The estimated cost of these improvements is $358,856.52. 3. Financial Guarantee,Time for Completion of Improvements It is the Subdivider's intent to file the final subdivision plat prior to the completion of said improvements. Therefore,this Agreement shall be secured by a financial guarantee in the form of a Letter of Credit, No. 06-11 issued by Valley Bank, dated June 11, 2007 with a maturity date of June 11,2008 in the amount of $538,234.78,which is one and one-half times the estimated cost of the installation of all required improvements. The Subdivider hereby agrees that the placement of pins. street lights and bollards,cushion gravel curb and gutter,asphalt,paving lift station offsite water and sewer, Cottonwood Road improvements including culverts road excavation, it run gravel cushion gravel,asphalt,asphalt trail and Cottonwood and Huffine signal improvements shall be completed prior to issuance of a building permit;the asphalt trail,landscaping and park improvements shall be installed by ; and all interior sidewalks adjacent to individual lots shall be installed by May 21, 2010. In any event, all required improvements shall be completed within the time frame provided herein for the completion of the improvements in order to avoid default on the method of security. 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 Subdivider is in compliance with this Agreement, and the Subdivider shall permit the City and its representatives to enter upon and inspect the property at any reasonable time. Improvements Agreement Page 2 I l 2269347 IIIIIII IIIIIII�IIIIIIIIIIIIIIIIIIIII��IIIII�I�I II Page:/3 of 11 0611 II Illl 1 2007 09.36A Charlotte Mills-Gallatin Co M7MISC 77.00 Loyal Garden Major Subdivision Phase 1 A #P-07014 5. Default Time is of the essence for this Agreement. If the Subdivider 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 Subdivider, Covenant Investments, Inc.,P.O.Box 11428,Bozeman,MT 59719,or such other address as the Subdividershall provide to the Cityfrom time to time,without being completely remedied,satisfied,and discharged,the Citymayelect 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 Subdivider 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. Indemnification The Subdivider 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. The Subdivider further agrees to aid and defend the Cityin 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 bythe Subdivider. The Subdivider is not an agent or employee of the City. 7. Warranty The Subdivider shall warrant against defects in these improvements for a period of two years from the date of their written acceptance by the Governing Body. 8. Governing Law and Venue This Agreement shall be construed under and governed by 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. Improvements Agreement Page 3 1E1 111 1111111 VI1VlIIII1IIIIIIE� Page: 4 2269f 11 111111 06/14/2007 09:36A Charlotte Mills-Gallatin Co MTMISC 77.00 Loyal Garden Major Subdivision Phase 1A #P-07014 SUBDIVIDER Dewin Ma ill,President Covenant(nvestments,Inc. STATE OF MONTANA ) :ss County of Gallatin 1 } h � On this day of �ti 2 , 2007, before me, the undersigned, a Notary Public for the State of Montana, personally appeared Dewin Madill, known to me to be the President of Covenant Investments. Inc. the corporation that executed the within instrument, 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. (SEAL) Printed Name X�OTAIJ/,q4 Notary Public for the State of Montana Residing at Bozeman,Montana *' * My Commission Expires�l� ,�,C .• S ' �Nj. •• ••'�Q'� (Use 4 digits for expiration year) OF M0 VZ ON Improvements Agreement Page 5 11111111111111111111IIIIIIIIIIIIIIIIIIIIIII Page: 5 of 11 2269347 06/14/2007 09:36A Charlotte Mills-Gallatin Co MTMISC 77.00 Loyal Garden Major Subdivision Phase 1A #P-07014 9. Attorney's Fees In the event it becomes necessary for eitherpartyto this Agreement to retain an attomeyto enforce any of the terms or conditions of this Agreement,then the prevailing parry shall be entitled to reasonable attorneys fees and costs,to include the salary and costs of in-house counsel including City Attorney. 10. Modifications or Alterations No modifications or amendment of this Agreement shall be valid, unless agreed to in writing 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 Subdivider shall not assign this Agreement in whole, or in part,without prior written consent of the City. 13. Successors Except as provided in paragraph 12,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. Improvements Agreement Page 4 11HIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII III11111111111111111 22.693 7 06/14/2007 09.36A Charlotte Mills-Gallatin Co MTMISC 77.00 Loyal Garden Major Subdivision Phase IA #P-07014 THE ITY OF BOZEMAN Andrew C. Epple, Director Department of Planning&Community Development STATE OF MONTANA ) :ss County of Gallatin i— On the day of V ,2007,before me,a Notary Public for the State of Montana,personally appeared Andrew C.Epple,known to me to be the person described in and who executed the foregoing instrument as Director of Planning and Community Development 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 City. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my seal on the day and year first written above. (SEAL) Printed Name Notary Public for State of Montana Residing at: Bozeman, Montana c N0TAR1,q':m s Commission Expires: *; - (Use 4 digits for expiration year) N�..SEAL .' -9 - Vi///OF,�,0`�Q.\`��� ni Improvements Agreement Page 6 Thomas, Dean & Hoskins,Inc. TD& Engineering Consultants Juke 12, 2007 RE: Loyal Garden Subdivision, Phase 1, Improvements Agreement Q � ID m City of Bozeman �T0 M w, Planning Department N P.O. Box 1230 N m a Bozeman, MT 59771-1230 Napo Attention: Jami Morris, Planner � r The following items need to be completed or financially guaranteed prior to filing final plat for Loyal Garden Phase I. The summary below itemizes these costs. ° U Remainine Onsite Improvements. EST. UNIT - N IC DESCRIPTION QUANTITY UNIT PRICE AMOUNT E d ° Site Grading (includes ponds) 1 LS $72,750.00 $1,000.00 (remaining) Detention Pond 12" PVC 200 LF $43.65 $8,730.00 Rip Rap 1 LS $2,425.00 $2,425.00 Outlet Structures 1 EA $1,746.00 $1,746.00 Street Improvements 3" Crushed Base Course (1.5" minus for trail) 1,270 SY $3.88 $4,927.60 5' Sidewalk (by owner) 5325 SF $2.85 $15,176.25 215 West Mendenhall, Suite C-1 • Bozeman, MT 59715 • (406)586-0277 • FAX(406)586-4951 r, 5' Sidewalk (private) 22,975 SF $2.85 $65,478.75 o 0 6' Sidewalk (by owner) 7,020 SF $3.25 $22,815.00 �CO a m� N a o Signage and Pavement Marking fi Flexible Delineator Posts, In Place 20 EA $35.00 $700.00 Curb Bulb Painting 1,881 LF $1.94 $3,649.14 E Property Pins LS $4,000.00 Landscaping Parks Improvements landscaping per Land Design Inc. $102,033.00 f, Existing Residence Service Connections Sewer 425 LF $19.40 $8,245.00 0 Water 35 LF $20.00 $700.00 4" Cleanouts 3 EA $242.50 $727.50 Street Lights 18 EA $1,800.00 $32,400.00 Phase 1 Total $274,753.24 Remaining Offsite including Liftstation EST. UNIT DESCRIPTION QUANTITY UNIT PRICE AMOUNT Sewer Improvements Sanitary Sewer Pipe, In Place 12" PVC SDR 35 10 LF $30.00 $300.00 Remove and reset sign 5 EA $200.00 $1,000.00 Remove and replace asphalt 194 SY $20.00 $3,880.00 Liftstation IIIIIIIIIIiIIIIIIII 2269347 Lumpsum Bid IIIIIIIIIIIIIIIIIII Page 9 0 t III IIIII illl Ilfl a 6114/207 09.36R (Total Contract Charlotte Mills-Gallatin Co MTMISC 77.00 $255,000,00) Remaining contract amount $10,000.00 Offsite Total $15,180.00 Cottonwood Road Improvements EST. UNIT DESCRIPTION QUANTITY UNIT PRICE AMOUNT Street Improvements Asphalt 3" - Centerline Strip and Trail 2,945 SY $8.50 $25,032.50 3" Crushed Base Course (1.5" minus for trail) 2,377 SY $3.88 $9,222.76 Signing and Striping Obliterate Existing 4" Double Yellow Pavement Marking 907 LF $1.50 $1,360.50 Obliterate Existing 8" Single White Pavement Marking 500 LF $1.50 $750.00 Obliterate Existing 24" Single White Pavement Marking 102 LF $1.50 $153.00 I jjjj1j 1111111111111111111111111 1111 2 6�347 Page: 06/14/2007 09.36R Charlotte Mills-Gallatin Co MTMISC 77,00 New 4" Single White Epoxy Striping 21.3 GAL $150.00 $3,195.00 New 4" Single Yellow Epoxy Striping 7.2 GAL $150.00 $1,080.00 New 4" Double Yellow Epoxy Striping 42.2 GAL $150.00 $6,330.00 New 8" Single White Epoxy Striping 4.8 GAL $150.00 $720.00 New 24" Single Yellow Epoxy Striping 14.7 GAL $150.00 $2,205.00 New 8" Single White Plastic Striping 596 LF $8.25 $4,917.00 New 24" Single White Plastic Striping 148 LF $23.25 $3,441.00 New White Plastic "ONLY" 65.7 SF $25.75 $1,691.78 New White Plastic Left Turn Arrow 46.7 SF $25.75 $1,202.53 New White Plastic Combination Arrows 78 SF $25.75 $2,008.50 New White Plastic Arrow- Bike Lane 13.7 SF $25.75 $352.78 New White Plastic Bike Symbol 17.9 SF $25.75 $460.93 Reset D10-1 A Sign 1 EA $300.00 $300.00 Reset M1-12 & M6-1 Sign 1 EA $300.00 $300.00 Reset OHD-3 Sign 2 EA $300.00 $600.00 Reset R2-1(35) Sign 1 EA $300.00 $300.00 IIIIII IIIII IIIII IIIII IIIII IIIII(IIIIII III 2269347 IIIIII I I I II I I 06/14/2007 09:36A Charlotte Mills-Gallatin Co MTMISC 77.00 Reset R2-1 (55) Sign 1 EA $300.00 $300.00 New R3-8C Sign 2 EA $500.00 $1,000.00 New R3-17 & R7-9 Sign 3 EA $500.00 $1,500.00 New W5-1 Sign 1 EA $500.00 $500.00 Total $ 68,923.28 The total cost of improvements remaining for phase 1 of the Loyal Garden Subdivision is $358,856.52. The letter of credit will need to be $358,856.52 X 1.5 = $538,284.78. Please forward to us the draft improvements agreement so that I can have the owner review it as soon as possible. Thank you for your assistance. Sincerely, Thomas, Dean &Hoskins, Inc. z GF� Keith Waring, P.E. J:\2005\B05-002\015\lmprovements Agreement Phase lA\P1anlmproveLtr 6.06.07.doc