HomeMy WebLinkAbout010 - SID WAIVERFORM NAME 5th & Main||
SPR SUBMITTAL
5th & Main | BOZEMAN, MT, 59715
005
2
for the design and engineering, construction and maintenance of following improvements: Lighting,
signalization/channelization, paving, curb/gutter, sidewalk, and storm drainage. for:
(a) Street improvements to W Main St between 9th Ave and Wilson Ave.
(b) Street improvements to W Mendenhall St between 9th Ave and Wilson Ave.
(c) Street improvements to West Babcock St between 9th Ave and Wilson Ave.
(d) Intersection improvements at W Main St and 5th Ave.
(e) Intersection improvements at W Main St and 3rd Ave.
(f) Intersection improvements at W Main and 7th Ave.
(g) Intersection improvements at W Main and Wilson Ave.
Landowner agrees the City has the sole right to control the design and construction of such
improvements and may include any of the above components and others necessary to ensure such
improvements comply with all adopted City infrastructure plans and requirements. Further, the
Landowner waives its right or to make any written protest against the size or area or creation of the
district be assessed in response to a duly passed resolution of intention to create one or more special
improvement districts which would include the above-described property.
In the event a special district or special improvement district is not utilized for the completion of
these improvements, the developer agrees to participate in an alternate financing method for the
completion of said improvements on a fair share, proportionate basis as determined by the City on the
basis of the square footage of property, taxable valuation of the property, traffic contribution from the
development or a combination thereof.
This waiver is made for the benefit of the property described herein shall be a covenant running
with the land.
The terms, covenants and provisions of this waiver shall extend to, and be binding upon the
successors-in-interest and assigns of the Landowner.