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HomeMy WebLinkAbout25_OffSiteParkingSpaceLicenseAgreement_06152021 After recording return to: Bozeman City Clerk PO Box 1230 Bozeman MT 59771 OFF-SITE PARKING SPACE LICENSE AGREEMENT This License Agreement is made this &dayof t2�-< c. t � 20� by and between Medical Arts Building, LLC located at 300 N. Willson Avenue, Bozeman, MT 59715 hereby referred to as"Owner" or"Grantor," and Straightaway Bozeman Investors, LLC located at 20 N. Tracy Avenue, Bozeman, MT 59715 hereby referred to as"SBI" or "Grantee" and with consent of the City of Bozeman, PO Box 1230, Bozeman MT 59771 to meet parking requirements of the City of Bozeman. For valuable consideration, the receipt of which is hereby acknowledged, the Owner and SBI, agree as follows: 1. Medical Arts Building, LLC is the owner of Lots 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10 in Block 4 of Beall's Third Addition to Bozeman, Montana together with a strip of land 8 '/2 feet in width lying East of and adjoining said Lots 1-10 inclusive, vacated for street purposes by Ordinance No. 699 of the City of Bozeman, which ordinance was recorded May 11, 1946 in Book 13 of Miscellaneous, page 123 records of Gallatin County, Montana, all according to the official plat thereof, on file and of record in the office of the County Clerk and Recorder, Gallatin County, Montana, hereby referred to as"Owner's Property" and whereas, Straightaway Bozeman Investors, LLC is the owner of said property whose legal description is described on Exhibit A attached, hereby referred to as 5 E. Mendenhall Street, Bozeman, MT 59715 according to the plat thereof, on file and of record in the office of the Clerk and Recorder, Gallatin County, Montana; and it is SBI's desire to use Owner's Property to meet the parking requirements of the City of Bozeman for application 19078 (the"Project"). 2. Owner grants to SBI for its benefit and that of its successors and assigns an irrevocable easement, right and license for the exclusive use of 80 parking spaces Pagel of 5 on Owner's Property for the purpose of meeting the parking requirements of the Project ("License"). The City consents to the License granted herein provided the 80 parking spaces so licensed meet all applicable requirements of the Bozeman Municipal Code, Chapter 38 for the Project during the term of the License. 3. All parties recognize the significant legal implications of this License Agreement and have consulted legal counsel prior to signing. This License Agreement shall be perpetual, shall run with the land, and shall be binding upon the heirs, successors and assigns of the Owner and SBI hereto. This License Agreement may be terminated or modified and the License granted herein revoked only by written consent of SBI and the City of Bozeman's Director of Community Development("Director")by a document filed in the records of the Gallatin County Clerk and Recorder. 4. Each person signing this License Agreement represents and warrants that he is fully authorized to execute this License Agreement on behalf of the entity on whose behalf such individual has signed this License Agreement, and that by signing this License Agreement such entity will be bound by the terms contained herein. END OF DOCUMENT EXCEPT FOR SIGNATURES Page 2 of 5 OWNER/GRANTOR Medical Arts Building,LLC Z d' X by Bert A. Getz, Jr. Authorized Signatory STATE OF MONTANA ) )ss. County of Gallatin ) On this —day of �- 20/ before met the undersigned, a Notary Public for the State 6f Montana, personally appeared 6 rl A = and the person who name is subscribed to the within instrument, and acknowledged tb me that they executed the same for and on behalf of Medical Arts Building,LLC. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the da ear first above written. r-- tary Pub ic. or the State of ontana -., Printed Nam �c� ;e;,`j.. " �� ;c`�`'�c��'�� LAUREN i Notary MINGo Public Residing irC--G�\c Cc a-00TAR1q4 2N"_for the State of Montane M Commission expires �� = * Residing at: Y P :s�;.SN:A��.��- Bozeman, Montana My Commission Expires: September 04, 2019 Page 3 of 5 LICENSEE /GRANTEE Straightaway Bozeman Investors, LLC by Andy Holloran [Authorized Member STATE OF MONTANA ) )ss. County of Gallatin ) On this 636 day of A 20L2-,- before me the undersigned, a Notary Public for the State of Montana, personally appeared un and the person who name is subscribed to the within instrument, and ackn6wledged to me that they executed the same for and on behalf of Straightaway Bozeman Investors, LLC. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year first above written. r—�-V Y-� ,• .'ct,ti� LAUREN J CUMMINGS ry Pub is or the State of M tana ;Q' Notary Public Printed Name. �C� ��y�yt � -5.�oT�piq�:N_for the State of Montana: .. •,_ Residing at: Residing in - :,n�.SEAL. Bozeman, Montana glF' �P My Commission Expires: My Commission expires oFM° ,•' September04,2019 Page 4 of 5 THE CITY OF BOZEMAN BY: MARTIN MATSEN, DIRECTOR OF COMMUNITY DEVELOPMENT CITY OF BOZEMAN STATE OF MONTANA ) :ss County of Gallatin ) On this day of 20 , before me, a Notary Public for the State of Montana, personally appeared Martin Matsen, known to me to be the person described in and who executed the foregoing instrument as Director of Community Development for 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. (SEAL) (Printed Name Here) Notary Public for the State of Montana Residing at My Commission Expires: (Use 4 digits for expiration year) Page 5 of 5