HomeMy WebLinkAbout05- Glen Haven Properties, Inc.; 3416 W. Babcock- Sanitary Sewer Extension Agreement
AGREEMENT
This agreement made and entered into this 18 day of Apri 1 2005, by and between
the CITY OF BOZEMAN (hereinafter the City) with offices at 411 East Main, Bozeman,
Montana and GLEN HAVEN PROPERTIES, INC. (hereinafter property owner) whose
address is 1516 West Babcock Street, Suite 1, Bozeman, Montana 59715.
RECITALS
WHEREAS the property owner owns certain real property adjacent to West Babcock
Street in the City of Bozeman, and
WHEREAS, the City desires to construct certain improvements including widening
West Babcock Street, installing sidewalks and constructing, replacing, maintaining or repairing
water and sewer mains; and
WHEREAS, it necessary for the property owner to install a water main and sanitary
sewer main extension to 3416 West Babcock Street as a part of the development of the property;
and
WHEREAS, it is mutually beneficial for the portion of the water main and sanitary
sewer main extensions located within the right-of-way to be constructed as a part of the West
Babcock Street improvements project, the property owner has agreed to pay the City for said
construction.
NOW THEREFORE in consideration of the mutual promises and covenants contained
herein, the parties mutually promise and covenant as follows:
1. In consideration of the payments and the specific agreements to be performed by
both parties as set forth in this agreement, property owner agrees to pay the City $18,000 for
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construction of the portion of the water main and sanitary sewer main extensions to 3416 West
Babcock Street as a part of the West Babcock Street improvements project. This payment will
be deducted from the amount due ($26, 781.39) to the property owner per the Agreement
between the City of Bozeman and Glen Haven Properties, Inc. dated March 7, 2005.
2. All terms of this agreement shall be binding upon and inure to the benefit of, and
be enforceable by the heirs, assigns and personal representatives of the parties.
IN WITNESS WHEREOF, the parties hereto have executed this agreement the day and
year as written below.
PROPERTY OWNER:
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~itt, Pr~ ent (Date) /
OLE A VEN PROPERTIES, INC.
THE CITY OF BOZEMAN
By(~A. ~' '1..} I-or
-....... Chris Kukulski, City Manager (Date)
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A TTESTED:-.--:"~- "'~-"
~~ April 18, 2005
Robin-L.~li\dina:let ofCommlsslOn (Date)
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