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HomeMy WebLinkAbout95- Lucky Lil's Casino IMPROVEMENTS AGREEMENT FOR LUCKY LIL'S CASINO-2401 WEST MAIN STREET This AGREEMENT is made and entered into this 30 _day of "(e"- , 1995, by and between Thomas P. Kenneally, Vice-President, Town Pump 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 application to allow the construction of a 2,848 sq. ft. casino serving alcoholic beverages and on-site improvements on the property in question; WHEREAS, it is the intent and purpose of the Developer to obtain Final Site Plan Approval; 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 related to 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 application. 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 a being: A tract of land described as being 1.562 acres and identified as Tract lA of Certificate of Survey No. 1364 located in the northwest one-quarter, southeast one-quarter, Section 11, T2S, R5E, M.P.M., Gallatin County, Montana. 2. Improvements This Agreement specifically includes the installation of pavement,off-street parking and striping, curb, sidewalk,landscape, landscape irrigation system, site surface drainage,refuse storage area screening, exterior lighting and all other improvements as illustrated on the plans and specifications hereto attached and made a part of this Agreement, as Exhibit "A", Final Site Plan. 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 said structure is to occur prior to installation of the required improvements, all on-site 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. 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 said structure. 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 fifteen(15) days after written notice specifying the default is deposited in the United States mail addressed to the Developer at 600 South Main, Butte, Montana 59701, 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. 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. 2 6. Attorney Fees In the event it becomes necessary for either parry to enforce any of the terms or conditions of this agreement through the use of an attorney,then the prevailing party shall be entitled to reasonable attorney's fees and costs, including fees, salary, and costs of in-house counsel to include City Attorney. 7. Warranjy The Developer shall warrant that these improvements are made in a good and workman- like manner for a period of one (1) year from the date of their written acceptance by the governing body. All landscaped areas required by this Agreement shall be permanently maintained by the Developer pursuant to section 18.50.100(H) of the Bozeman Area Zoning Code. This Agreement further guarantees the installation and maintenance of a trash and debris rack between two culverts located at the southwest corner of said property for existing stream/ ditch watercourse, if said area is not covered with a continuous culvert and necessary backfill. 8. Governing Law This Agreement shall be construed according to the laws of the State of Montana. 9. Modification or Alterations No modifications or amendment of this.Agreement shall valid,unless evidenced by a writing signed by the parties hereto. 10. 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. 11. 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. 12. Successors Except as provided in paragraph eleven(11),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. 3 DEVELOPER Thomas P. Kenneally,Vice-President Town Pump Inc. STATE OF MONTANA ) :ss County of Silver Bow ) On this_>�/ day of�!c%�y �r , 1995,before me, a Notary Public for the State of Montana,personally appeared Thomas P. Kenneally, Vice-President, Town Pump Inc., known to me to be the person whose name is subscribed to the within instrument 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 Public for the State of Montana Residing: Commission Expires: %%S (Notarial Seal) THE CITY OF BOZEMAN A 1. zu Phillip J. For es Director of Public Service STATE OF MONTANA ) :ss County of Gallatin ) On the vX day of , 1995, 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. �Jprl thj�_ otary Public for the State of Montana Residing: Bozeman, ont n Commission expires: �f (Notarial Seal) 4 "EXHIBIT B" ESTIMATED COST FOR IMPROVEMENTS ------------------------------------------------------------------------------------------------- DATE : September 27, 1995 PROJECT: Lucky Lil ' s Casino - 2401 West Main Street, Bozeman, MT. 59715 DEVELOPER: Thomas P. Kenneally, Vice-President, Town Pump Inc.\ -------------------------- ------ ----------------------------------------------------------------- Item Sq ,Ft . /Ln , Ft . Contractor Est , Cost Paving : Asphalt 7, 408 sq. ft. ✓ $ 9 , 260 . 00 Concrete Sidewalks : 3, 375 sq. ft. $ 8, 437 . 50 Curbing: 1, 110 ln. ft. $11, 100 . 00 Landscape : 51, 903 sq. ft. "j $25, 951 . 50 Landscape Protection: Garbage Enclosure : (1) $ 1, 500 . 00 Exterior Lighting : (8) $12, 000 . 00 Water Improvements : Sewer Improvements : Street Improvements : Total $68, 249 . 00 x 1 . 5 = $80 , 249 . 00 Approved By City Engineering Office : i (,u> Date : l