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HomeMy WebLinkAbout015 Annexation Agreement (Recorded)Inter-officeOrieinalto: CityofBozeman CityClerk PO Box 1230 Bozeman MT 549771-1230 2693981 ÊM*s .212-caffailá²Ê²Ên **ndP" llllllllllllllllllllllllllllillllllllilllllllllllllllllll!!Illllllllillllilllllll BLACKWOOD GROVES ANNEXATION AGREEMENT THIS AGREEMENT made and enteredintothis )p day ofd(fb ,2020, by and between the CITY OF BOZEMAN,a self-governingmunicipal corporationorganized and existingunder itsCharterand the laws of the Stateof Montana with officesat 121 N.Rouse Avenue, Bozeman,Montana 59771-0640,hereinafterreferredto as "City",and Blackwood Land Fund LLC,140 VillageCrossing Way,Unit 3B,Bozeman MT 59715 hereinafterreferredto as "Landowner". W IT N E S S E T H: WHEREAS,Landowner isowner in feeof a tractof certainrealproperty,hereinafterreferred to as the BLACKWOOD GROVES ANNEXATION situatedin GallatinCounty,Montana,and more particularlydescribedasfollows: An areaof land comprised describedas follows: The S ½,SW ¼of Section24,and theN ½,N ½,NW ¼of Section25,Township 2 South, Range 5 East,P.M.M.,GallatinCounty,MT,exceptthatpartconveyed tothe Stateof Montana forhighway right-of-waypurposes forSouth 19th Avenue,StateProjectS 243(1),by bargain and saledeed,recordedin Book 144 of Deeds,Page 148. Also,a portionoftheadjacentrightof way of South 19thAvenue,StateProjectS 243 (1).Said propertyisalldescribedas follows: BLACKWOOD GROVES Annexation Agreement 1 Beginning atthe center-southone-sixteenthcornerof saidSection24;thence southerly 181°24'39",assumed azimuth from north,1316.63 feetalong the eastlineofthe Southwest Quarterof saidSection24;thence southerly181°44'45"azimuth,666.45 feetalong the east lineof theNorthwest Quarter of saidSection25;thencewesterly269°57'02"azimuth,2599.67 feetalong the south lineof theNorth Half of theNorthwest Quarter of saidSection25,to the eastrightof way lineof South 19*Avenue,StateProjectS 243(1);thence continuingwesterly 269°57'02"azimuth,100.00 feettothe west rightof way lineof saidSouth 19thAvenue; thence northerly001°09'12"azimuth,665.32 feetalong thewest rightof way lineof saidSouth 19thAvenue;thence easterly090°54'40"azimuth,50.00 feetalong thesouth lineofthe SoutheastQuarterof Section23,Township 2 South,Range 5 Eastto the southeastcorner of saidSection23;thence easterly089°50'46"azimuth,50.00 feetalong the southwest cornerof saidSection24;thencenortherly000°02'23"azimuth,1331.71 feetalong the eastrightofway lineof saidSouth 19*Avenue;thence easterly090°15'00"azimuth,1300.25 feetalong the north lineof the South Half of the Southwest Quarter of saidSection24;thence easterly 090°15'03"azimuth,1337.87 feetalong saidnorthlinetothe pointof beginning. Area =5,270,255 square feetor 120.9877 Acres or 489,615.85 square meters.Subjectto existingeasements. All as depictedon the BLACKWOOD GROVES Annexation Map. WHEREAS,theLandowner petitionedthe City forannexationto the City of saidtractof land; and WHEREAS,the BLACKWOOD GROVES ANNEXATION isnot withinthecorporatelimits of the City or other municipalityand may thereforebe annexed to the City in accordance with the provisionsof thisAgreement and Title7,Chapter 2,Part46,Mont.Code Ann.;and WHEREAS,all parties recognize the annexation of the BLACKWOOD GROVES ANNEXATION pursuantto Section7-2-4601,etseq.,Mont.Code Ann.willallow theBLACKWOOD GROVES ANNEXATION to connect toand utilizeCity services,includingmunicipal water and sewer service,parks and recreation,fireand policeservices,and the City'stransportationsystem;and WHEREAS,Section 7-2-4610,Mont.Code Ann.provides thata municipalityand landowner can agreetotheprovisionsof servicesto the area to be annexed;and BLACKWOOD GROVES Annexation Agreement 2 WHEREAS,the partiesrecognize additionaldevelopment on the BLACKWOOD GROVES ANNEXATION willimpact area parks,recreation,transportation,police,and fireservices,and that future improvements may require additionalpublic infrastructurestreetimprovements including transportationfortrafficcirculationand theprovisionsof parks,recreation,police,and fireservices;and WHEREAS,the Landowner findsthisAgreement willprovide forthe most satisfactoryand dependable water supply and sewer supply or service,and provide transportation,parks,recreation, policeand fireservicefordevelopment of the BLACKWOOD GROVES ANNEXATION;and WHEREAS,thepartieshave determined thatitisinthebestinterestsoftheCityand Landowner, and infurtheranceof thepublichealth,safetyand welfareof thecommunity to enterintoand implement thisAgreement. W IT N E S S E T H: IN CONSIDERATION of the mutual covenants and agreements herein contained,the parties heretoagree as follows: 1.Recitals The above recitalsaretrueand correct. 2.Annexation The Landowner filed an application for annexation of the BLACKWOOD GROVES ANNEXATION with the Cityon January 17,2020.By executionof thisAgreement,theCitymanifests itsintentto annex the BLACKWOOD GROVES ANNEXATION tractpursuant to the terms and conditionsof thisAgreement.Subjecttotheprovisionsof Title7,Chapter 2,Part46,Mont.Code Ann. the City shall,upon execution of this Agreement,adopt a Resolution of Annexation of the BLACKWOOD GROVES ANNEXATION.Further,upon the execution of this Agreement,the Landowner shalldo allthingsrequiredby thisAgreement and allthingsnecessaryand proper to aidand BLACKWOOD GROVES Annexation Agreement 3 assistthe City in carryingout the terms,conditionsand provisionsof thisAgreement and to effectthe annexationof the BLACKWOOD GROVES ANNEXATION. 3.Services Provided The City will,upon annexation,make available to the BLACKWOOD GROVES ANNEXATION existingCity servicesonly to the extent currentlyavailable,or as provided in this Agreement. 4.Municipal Water Service Defined The term "municipal water service"as isused in thisagreement shallbe the servicewhich is suppliedby the City in accordance with Chapter 40,Article2,Bozeman Municipal Code,as amended, aswell as any otherterms and conditionswhich apply tothe City'sprovisionof municipal water service but does not includetheextensionof linesor constructionof necessary improvements atany costto the City fordeliveryofwater toand withintheBLACKWOOD GROVES ANNEXATION.Nothing inthis Agreement shallobligatethe City to pay for right-of-wayacquisition,engineering,construction,and other costsfor the deliveryof water to or within the BLACKWOOD GROVES ANNEXATION to include,but not limitedto,any impact fees,hook-up,connection,or development charges which have been or may be establishedby the City. 5.Municipal Sewer Service Defined The term "municipalsewer service"as isused in thisAgreement shallbe the servicewhich is suppliedby the City inaccordance with Chapter 40,Article3,Bozeman Municipal Code,as amended, as well as any otherterms and conditionswhich apply totheCity'sprovisionof thisservicebut does not include the extension of linesor constructionof necessary improvements at any cost to the City for collectionof sewage at and within the BLACKWOOD GROVES ANNEXATION.Nothing in this Agreement shallobligatethe City to pay for right-of-wayacquisition,engineering,construction,and BLACKWOOD GROVES Annexation Agreement 4 other costs for the collectionof sewage services to or within the BLACKWOOD GROVES ANNEXATION to include,but not limitedto,any impact fees,hookup,connection,or development charges which may be establishedby theCity. 6.Water Rights The Landowner specificallyrecognizesand agrees the Landowner must provide water rightsor cash in-lieuof water rightsupon furtherdevelopment or subdivisionof thepropertyinaccordance with Section 38.410.130,Bozeman Municipal Code.The City willcalculatethe amount of water rightsor cash-in-lieuthereofdue atthetime of furtherdevelopment or subdivisionof the propertybased on the annual demand forvolume of water the development willrequiremultipliedby themost currentannual unitpriceineffecton the datethe water rightsaretransferredor payment-in-lieuof water rightsisto be made to the City.As such,the Landowner acknowledges thatthe ratesfor cash in-lieuof water rights may increase over time as establishedby Resolution of the City Commission.The applicantmust perform a water rightssearch to determine ifany existforthisproperty.The Landowner must transfer any water rightsthatexistforthispropertytotheCity of Bozeman priorto development.Ifinsufficient water rightsexist,theLandowner must pay cash inlieuof water rights,inan amount determined by the Directorof PublicService,priorto development. 7.Comprehensive Water and Water Design Report Priortofuturedevelopment of thepropertytheCitymay requiretheLandowner tohave prepared by a ProfessionalEngineer,at Landowner's sole expense,a comprehensive design reportevaluating existingcapacityof sewer and water utilitiesinthe area.The reportmust includehydraulicevaluations of each utilityforboth existingand post-development demands,and thereportfindingsmust demonstrate adequate capacityto serve the fulldevelopment of the land.Ifadequate infrastructurecapacityisnot availablefortheproposed development,the reportmust identifynecessarywater or wastewater system BLACKWOOD GROVES Annexation Agreement 5 improvements necessary forthe proposed development.If improvements to thiswater or wastewater system are necessary,the Landowner agrees priorto development of the BLACKWOOD GROVES ANNEXATION to complete,atLandowner's expense,the necessary system improvements toservethe proposed development. 8.Future Development Limitations The Landowner shallbe responsibleforinstallingallfacilitiesrequiredtoprovidefullmunicipal servicestothepropertyinaccordance with theCity'sInfrastructureMaster Plansand allCityregulations, policiesand guidelinesthatmay be in effectatthe time of any futuredevelopment.Thus,Landowner understandsand agrees Landowner has no right,eithergrantedor implied,foritto furtherdevelop any of the BLACKWOOD GROVES ANNEXATION untilitis verifiedby the City that the necessary municipal services,including but not limited to police and fireprotection,parks and recreation, transportation,and sewer and water capacity,are availableto allor a portionof the BLACKWOOD GROVES ANNEXATION.Notice is thus provided to the Landowner that prior to additional development of the property,the Landowner willbe solelyresponsiblefor installing,atLandowner's sole expense,any facilitiesor infrastructurerequired to provide full municipal services to the BLACKWOOD GROVES ANNEXATION in accordance with the City'sinfrastructureplans,adopted Growth Policies/Community Plans,and allothercityregulations,policiesand guidelinesthatmay be in effectatthetime ofdevelopment. 9.Stormwater Master Plan Landowner understandsand agreesa Stormwater Master Plan forthe BLACKWOOD GROVES ANNEXATION fora system designed toremove solids,oils,grease,and otherpollutantsfrom therunoff from public streetsand otherimpermeable surfacesmay be requiredto be provided to and approved by the City Engineer at the time of any futuredevelopment.The plan must demonstrate thatadequate BLACKWOOD GROVES Annexation Agreement 6 treatmentof runofffrom publicstreets,otherimpermeable surfaces,and allfuturelotswillbe achieved by providing spotelevations,flow directionarrows,detentionand/or retentionbasin details(including basin sizing calculationsand basin typicalsections),outletstructuredetails,and culvert capacity calculations.The plan must also locateand provide easements for adequate drainageways within the BLACKWOOD GROVES ANNEXATION to transporttreatedrunoff to the stormwater receiving channel.The plan shall include site grading and elevation information,typical stormwater detention/retentionbasin and discharge structuredetails,basin sizing calculations,and stormwater maintenance plan.Landowner recognizes the City may require such Stormwater Master Plan to be implemented inallor partas a conditionof approval of development of the BLACKWOOD GROVES ANNEXATION. 10.Waiver of Right-to-ProtestSpecialDistricts A.Landowner must executea Waiver ofRight-to-ProtestCreationof SpecialDistricts(SID) or specialdistrictforthe maintenance of any parks withintheannexed areaand/orof a City-wide Park, Trails,or Open Space District.The Landowner agrees such districtwillprovide a mechanism for the fairand equitableassessment of maintenance costsfor parks servingthe development.The waiver is attachedheretoas Exhibit"A"and ishereby incorporatedin and made a partof thisAgreement. B.Landowner shallexecute a Waiver of Right-to-ProtestCreationof SpecialImprovement Districtsor Special Districtsfor streetand transportationimprovements including design and engineering,paving and subsurface improvements,curb and gutter,sidewalk or shared use path, stormwater drainage facilities,and fiberopticconduit fora)South 19thAvenue,b)South lithAvenue, and c)Blackwood Road and signalizationor other trafficcontrol improvements for the following intersections:d)Blackwood Road and South 19thAvenue,e)Blackwood Road and South 11thAvenue, f)Blackwood Road and South 3rd Avenue,g)Goldenstein Lane and South 3rd Avenue,and h) BLACKWOOD GROVES Annexation Agreement 7 Goldenstein Lane and South 19thAvenue.The Landowner agrees such SID or specialdistrictswill provide a mechanism for the fairand equitableassessment of constructionand maintenance costsfor such improvements.The waiver isattachedhereto as Exhibit"B"and ishereby incorporatedin and made a partof thisAgreement. C.Landowner agrees thatin the event an SID isnot utilizedfor the completion of these improvements as described in subsections A and B above,the Landowner shallparticipatein an alternativefmancing method forthecompletion of saidimprovements on a fairshare,proportionatebasis asdetermined by theCityon thebasisofthesquarefootageofproperty,taxablevaluationoftheproperty, trafficcontributionfrom thedevelopment or a combination thereof. 11.Public Streetand UtilityEasements The Landowner understandsand agreesthata publicstreetand utilityeasement must be provided at the time Landowner returnsthe signed annexation agreement for a ninety (90)foot public street easement for extensions of South lithAvenue and Blackwood Road as depicted in the Bozeman TransportationMaster Plan.The Landowner understands and agrees thata public streetand utility easement must be provided at the time Landowner returnsthe signed annexation agreement for an additionalten (10)foot public streetand utilityeasement along the property frontageof South 19th Avenue.The Landowner,atitssoleexpense,has createdsuch easements ina locationand form agreeable to the City and the easements will be filedat the GallatinCounty Clerk and Recorder's Office.The Landowner furtherunderstands and agrees thatadditionalpublic streetand utilityeasements may be requiredfordeliveryof municipal serviceswith futuredevelopment and such easement shallbe provided attheLandowner's soleexpense. 12.StreetImprovements The Landowner understands and agrees that atthe time of futuredevelopment the portion of BLACKWOOD GROVES Annexation Agreement 8 South 19*Avenue and itsrelatedtransportationinfrastructurefrontingthe BLACKWOOD GROVES ANNEXATION must be improved to a City standard. 13.Impact Fees Landowner acknowledges that annexation and development of theirproperty will impact the City'sexistingstreet,water and sewer infrastructure,and the City'sfireservice.As approved by the City,the Landowner and itssuccessorsmust pay: A)Fireimpact feesequalto the amount per Chpt.2,Art.6.Div.9 BMC,or as amended,at time of issuanceof a buildingpermit. B)Transportationimpact fees equal to the amount per Chpt.2,Art.6.Div.9 BMC,or as amended,attime of issuanceof a buildingpermit. C)Water impact feesas requiredby Chpt.2,Art.6.Div.9 BMC,or as amended,atthetime of connectionto citywater services. D)Sewer impact feesasrequiredby Chpt.2,Art.6.Div.9 BMC,or as amended,atthetime of connectionto citysewer services. The amount of impact feethe Landowner or itssuccessorspay forconnectionto thecity'swater and sewer services,ifany,shallbe calculatedbased on the provisionsof the Bozeman Municipal Code, as amended,in effectat the time of applicationfora permit to connect.The amount of streetor fire impact feesto be paid,ifany,shallbe calculatedbased on the provisionsof the Bozeman Municipal Code,as amended,ineffectatthetime an applicationforbuildingpermit issubmitted. Landowner furtherunderstands and agrees that any improvements,eitheron-siteor off-site, necessary to provide connection of the BLACKWOOD GROVES ANNEXATION municipal services and which are wholly attributableto the property as determined exclusivelyby the cityare considered "projectrelatedimprovements"as definedinChapter 2,Article6,Division9,Bozeman Municipal Code, as amended,and as such,arenot eligibleforimpact feecredits. IfLandowner defaultson thisconditionatthe time such isto be performed,and should default not be remedied or correctedwithinthirty(30)days afterwrittennoticeby Cityto the Landowner and Landowner/Developer of such default,Citymay atitsoption: BLACKWOOD GROVES Annexation Agreement 9 A)Declare theamounts owing forimpact feesimmediately due and payable and City shallhave therightand privilegeto take legalactionagainstLandowners forthe collectionof such sum,includingthe entryof any judgment.In addition,the City may,at itsoption,enforcepayment of such amount by levying an assessment on theproperty. B)Electany otherremedy availableto City under the laws ofthe Stateof Montana. 14.Charges and Assessments Landowner understandsand agreesthatafterthisAgreement isrecorded the BLACKWOOD GROVES ANNEXATION willbe subjectto City charges and assessments forarterialand collector streets,streetmaintenance,and treemaintenance on the same basisas allotherpropertiesintheCity. 15.Payback Districts Landowner understandsand agreesthatthe BLACKWOOD GROVES ANNEXATION iswithin the Meadow Creek Subdivision payback districtboundary for trafficsignal,water,and sewer improvements.The applicantmust pay the payback districtsupon future development.Reference document Gallatin County Clerk and Recorder documents #2293491,2293492,and 2293493, respectively. 16.Additional Terms The partiesrecognizethesedocuments must be filedand of recordwith theGallatinCounty Clerk and Recorder priorto the saleof any land within the BLACKWOOD GROVES ANNEXATION.The partiesfurtheragreethatthe City may filethesedocuments atany time. 17.Governing Law and Venue This agreement shallbe construedunder and governed by the laws of the stateof Montana.In the event of litigation,venue isin the EighteenthJudicialDistrictCourt,inand forCounty of Gallatin, Stateof Montana. BLACKWOOD GROVES Annexation Agreement 10 18.Attorney's Fees In the event itbecomes necessary for eitherparty to thisAgreement to retainan attorneyto enforce any of the terms or conditionsof thisAgreement,then the prevailingparty shallbe entitledto reasonableattorney'sfeesand costs,to includethe salaryand costsof in-housecounsel includingCity Attorney. 19.Waiver No waiver by eitherparty of any breach of any term,covenant or agreement shallbe deemed a waiver of thesame orany subsequent breach of thissame orany otherterm,covenant or agreement.No covenant,term or agreement shallbe deemed waived by eitherpartyunlesswaived inwriting. 20.InvalidProvision The invalidityor unenforceabilityof any provisionof thisagreement shallnot affectthe other provisions hereof,and this Agreement shall be construed in all respects as if such invalid or unenforceableprovisionwere omitted. 21.Modifications or Alterations No modificationsor amendment of thisAgreement shallbe validunlessevidenced by a writing signed by thepartieshereto. 22.No Assignment Itis expressly agreed thatthe Landowner and/or Landowner/Developer shallnot assign this Agreement in whole or inpartwithout priorwrittenconsent ofthe City. 23.Successors This Agreement shallbe binding upon,inureto the benefitof and be enforceableby the parties heretoand theirrespectiveheirs,successorsand assignsand specificallyto any subsequent purchaser of the annexed property. BLACKWOOD GROVES Annexation Agreement 11 24.Covenants to Run with the Land The partiesintendthatthe terms of thisAgreement shallbenefitthe BLACKWOOD GROVES ANNEXATION and shallbe covenants running with thelandand shallnot expireattheirdeathsorupon transferof ownership of theproperty. The undersigned Landowner affirmsthatthey have authorityto enterintothisAgreement and to bind themselves to thisAgreement. IN WITNESS WHEREOF,the partiesheretohave caused thisagreement tobe executed the day and year firstabove written. LANDOWNER BLACKWOOD LAND FUND LLC By:Blackwood Management LLC Its:Manager drant Its:Manager STATE OF MONTANA ) :ss COUNTY OF GALLATIN) On this day of ,2020,before me,the undersigned,a Notary Public forthe Stateof Montana,personallyappeared Grant Syth as anager forBlackwood Land Fund LLC and acknowledged to me thatthey executed the same forand on behalfof landowner -¥plc,d<wû Ac +,LLC ®² IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. N aryPub c (PrintedName Here) oT^atai·.*sforthestateofMontan"Notary Publicforthe Stateof / Reskilngat: SEAL.**sozemani Montana Residing at My CommissionExpires:My Commission Expires:"""^°°°°°°³'2°°³ (Use 4 digitsforexpirationyear) BLACKWOOD GROVES Annexation Agreement 12 By:Catrock Development LLC Its:Member y:Rand ph P.Scully Its:Sole Member STATE OF MONTANA ) :ss COUNTY OF GALLATIN) On this day of ,2020,beforeme,the undersigned,a Notary Public forthe Stateof Montana,personallyappeared Randolph P.Scullyas Sole Member forCatrock Development LLC and acknowledged to me thatthey executed the same forand on behalfof landowner. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) (PrintedName Here)/ Notary Public forthe Stateof -,,,,,,,,SHELLA TINJUM Residing at N t teo ontana My Commission Expires:/ nespingat (Use 4 digitsforexpirationy'ear) SEAL Bozeman,Montana My CommissionExpires: August03,2023 BLACKWOOD GROVES Annexation Agreement 13 CITY OF BOZEMAN (// J ihelich,City Manager ATTEST:.." Mike Maas,City Clerk \* TIN CO STATE OF MONTANA ) :ss COUNTY OF GALLATIN ) On this day of Áll.),2020,beforeme,a Notary Publicforthe stateof Montana,personallyYppeared JeffMihelich and Mike Maas,known tome tothepersons describedin and who executed the foregoinginstrumentas I®Manager and City Clerk respectively,of theCity of Bozeman,whose names are subscribedto the withininstrumentand acknowledged to me thatthey executed the same forand on behalfof saidCity. IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. ER BIENVENUE a i forthes°tateoNontana sesidingat:ÍPrintedName Here) SEAL Bo es Notary Publicforthe Stateof Montana oVùoy January2e,2022 Residing at My Commission Expires: (Use 4 digitsforexpirationyear) BLACKWOOD GROVES Annexation Agreement 14 EXHIBIT "A" WAIVER OF RIGHT-TO-PROTEST CREATION OF SPECIAL DISTRICT FOR A CITY-WIDE SPECIAL DISTRICT FOR PARKS,TRAILS OR OPEN SPACE BLACKWOOD GROVES ANNEXATION The undersigned owner of therealpropertysituatedinthe County of Gallatin,Stateof Montana, and more particularlydescribedas follows: The S ½,SW ¼of Section24,and theN ½,N ½,NW ¼of Section25,Township 2 South, Range 5 East,P.M.M.,GallatinCounty,MT,except thatpartconveyed totheStateof Montana forhighway right-of-waypurposes forSouth 19thAvenue,StateProjectS 243(1),by bargain and saledeed,recorded inBook 144 of Deeds,Page 148. Also,a portionoftheadjacentrightof way of South 19thAvenue,StateProjectS 243 (1).Said propertyisalldescribedas follows: Beginning atthecenter-southone-sixteenthcornerof saidSection24;thence southerly 181°24'39",assumed azimuth from north,1316.63 feetalong theeastlineoftheSouthwest Quarter of saidSection24;thence southerly181°44'45"azimuth,666.45 feetalong the east lineof the Northwest Quarterof saidSection25;thence westerly269°57'02"azimuth,2599.67 feetalong thesouth lineof theNorth Half of the Northwest Quarter of saidSection25,to the eastrightof way lineof South 19*Avenue,StateProjectS 243(1);thence continuingwesterly 269°57'02"azimuth,100.00 feetto thewest rightof way lineof saidSouth 19thAvenue; thence northerly001°09'12"azimuth,665.32 feetalong thewest rightof way lineof saidSouth 19*Avenue;thence easterly090°54'40"azimuth,50.00 feetalong thesouth lineof the SoutheastQuarterof Section23,Township 2 South,Range 5 East tothe southeastcornerof saidSection23;thence easterly089°50'46"azimuth,50.00 feetalong the southwest cornerof saidSection24;thence northerly000°02'23"azimuth,1331.71 feetalong the eastrightof way lineof saidSouth 19thAvenue;thence easterly090°15'00"azimuth,1300.25 feetalong the north lineoftheSouth Half of the Southwest Quarter of said Section24;thenceeasterly 090°15'03"azimuth,1337.87 feetalong saidnorthlinetothepointof beginning. Area =5,270,255 squarefeetor 120.9877 Acres or 489,615.85 squaremeters.Subjecttoexisting easements. IN CONSIDERATION of receivingapproval forannexation of the subjectpropertyfrom the City of Bozeman,along with accompanying rights and privilegesand for other and valuable consideration,the receiptof which ishereby acknowledged,and in recognitionof the impact to City parks,trails,and open space which willbe caused by the development of the above-describedproperty, BLACKWOOD GROVES Annexation Agreement 15 the Landowner has waived and does hereby waive foritself,itssuccessorsand assignsforeverthe right to protestthe creationof one or more specialdistrictsto fund capitalimprovements,operations,and maintenance of any parks,trails,or open spaces withinthe annexed area and/orof a City-wide special districtto fund capitalimprovements,operations,and maintenance of parks,trails,and open spaces throughout the City,which would provide a mechanism forthe fairand equitableassessment of costs forCityparks,trails,and open spaces,or tomake any writtenprotestagainstthe sizeor areaor creation of the districtbe assessedin response to a duly passed resolutionof intentionto createone or more specialdistrictsfortheabove describedpurposes and which would includetheabove-describedproperty. This waiver is made for the benefitof the property describedabove and shallbe a covenant running with theland. The terms,covenants and provisionsof thiswaiver shallextend to,and be binding upon the successors-in-interestand assignsof the Landowner. BLACKWOOD GROVES Annexation Agreement 16 DATED thishay of 94/£,2020. LANDOWNER BLACKWOOD LAND FUND LLC By:Blackwood Management LLC Its:Manager ran Its:Manager STATE OF MONTANA ) :ss COUNTY OF GALLATIN) On this day of ,2020,beforeme,theundersigned,a Notary Public forthe Stateof Montana,personallyappeared Grant Syth afManager forBlackwood Land Fund LLC and acknowledged to me thatthey executed the same forand on behalfof landowner.,y 3o ¥g jauvooà ina3e~es LL *Ñ° IN WITNESS WHEREOF,I have hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) """"SHEILA TINJUM (PrintedName Here) ...NotaryPubilo Notary Publicforthe e of / ARaj fortheStateofMontana --·a Res%iingat.*SEAL sozeman,Montana My Commission Expires: u 2 (Use 4 digitsforexpirationyear) BLACKWOOD GROVES Annexation Agreement 17 By:Catrock Development LLC Its:Member By:Randolpl P.Scully Its:Sole Member STATE OF MONTANA ) :ss COUNTY OF GALLATIN) On this day of rt£,2020,beforeme,the undersigned,a Notary Public forthe Stateof Montana,personallyappeared Randolph P.Scullyas Sole Member forCatrock Development LLC and acknowledged to me thatthey executed the same forand on behalfof landowner. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) SHEILA TINJUM (PrinteMame Here),/ fortheSt o antana Notary Public forthe Stateof / ResW!ngat:Residing at /SEAL.Bozemari;Montana My Commission Expires:/ u u 20 (Use 4 digitsforexpirationy4ar) BLACKWOOD GROVES Annexation Agreement 18 EXHIBIT "B" WAIVER OF RIGHT TO PROTEST CREATION OF SPECIAL IMPROVEMENT DISTRICTS BLACKWOOD GROVES ANNEXATION The undersignedowner of therealpropertysituatedinthe County of Gallatin,Stateof Montana, and more particularlydescribedas follows: The S ½,SW ¼of Section24,and the N ½,N ½,NW ¼of Section25,Township 2 South, Range 5 East,P.M.M.,GallatinCounty,MT,except thatpartconveyed to the Stateof Montana forhighway right-of-waypurposes forSouth 19th Avenue,StateProjectS 243(1),by bargain and saledeed,recordedin Book 144 of Deeds,Page 148. Also,a portionoftheadjacentrightof way of South 19*Avenue,StateProjectS 243 (1).Said propertyisalldescribedas follows: Beginning atthecenter-southone-sixteenthcornerof saidSection24;thence southerly 181°24'39",assumed azimuth from north,1316.63 feetalong the eastlineof the Southwest Quarter of saidSection24;thence southerly181°44'45"azimuth,666.45 feetalong the east lineof the Northwest Quarter of saidSection25;thence westerly269°57'02"azimuth,2599.67 feetalong the south lineof theNorth Half of the Northwest Quarterof saidSection25,tothe eastrightof way lineof South 19*Avenue,StateProjectS 243(1);thence continuingwesterly 269°57'02"azimuth,100.00 feetto the west rightof way lineof saidSouth 19thAvenue; thence northerly001°09'12"azimuth,665.32 feetalong thewest rightofway lineof saidSouth 19thAvenue;thence easterly090°54'40"azimuth,50.00 feetalong the south lineof the Southeast Quarter of Section23,Township 2 South,Range 5 East to the southeastcornerof saidSection23;thence easterly089°50'46"azimuth,50.00 feetalong thesouthwest cornerof saidSection24;thence northerly000°02'23"azimuth,1331.71 feetalong the eastrightof way lineof saidSouth 19thAvenue;thence easterly090°15'00"azimuth,1300.25 feetalong the northlineof the South Half ofthe Southwest Quarter of saidSection24;thence easterly 090°15'03"azimuth,1337.87 feetalong saidnorth linetothe pointofbeginning. Area =5,270,255 square feetor 120.9877 Acres or 489,615.85 square meters.Subjectto existingeasements. IN CONSIDERATION of receivingapproval for annexation of the subjectpropertyfrom the City of Bozeman,along with accompanying rights and privilegesand for other and valuable consideration,the receiptofwhich ishereby acknowledged,and inrecognitionof theimpactstoa)South 19*Avenue,b)South 11*Avenue,and c)Blackwood Road and signalizationor othertrafficcontrol improvements forthefollowingintersections:d)Blackwood Road and South 19*Avenue,e)Blackwood BLACKWOOD GROVES Annexation Agreement 19 Road and South lithAvenue,f)Blackwood Road and South 3rdAvenue,g)GoldensteinLane and South 3rdAvenue,and h)GoldensteinLane and South 19thAvenue which willbe caused by the development of the above-describedproperty,the owner has waived and does hereby waive for itself,itssuccessors and assignsforeverthe rightto protestthecreationof one or more specialimprovement districtsforthe design and engineering,constructionand maintenance of following improvements:lighting,paving and subgrade material,fiberopticconduit,curb/gutter,sidewalk and shared use paths,and storm drainage facilitiesfor a)South 19thAvenue,b)South lithAvenue,and c)Blackwood Road and signalizationor other trafficcontrol improvements for the following intersections:d)Blackwood Road and South 19thAvenue,e)Blackwood Road and South lithAvenue,f)Blackwood Road and South 3rd Avenue,g)Goldenstein Lane and South 3rdAvenue,and h)Goldenstein Lane and South 19thAvenue. Landowner agrees the City has the sole rightto controlthe design and constructionof such improvements and may include any of the above components and othersnecessary to ensure such improvements comply with all adopted City infrastructureplans and requirements.Further,the Landowner waives itsrightor to make any writtenprotestagainstthe sizeor area or creationof the districtbe assessedin response to a duly passed resolutionof intentionto createone or more special improvement districtswhich would includetheabove-describedproperty. In theevent a SID isnot utilizedforthecompletion of theseimprovements,the developer agrees to participatein an alternatefinancingmethod forthe completion of saidimprovements on a fairshare, proportionatebasisas determined by the City on the basisof the square footage of property,taxable valuationof the property,trafficcontributionfrom thedevelopment or a combination thereof. This waiver ismade forthe benefitof thepropertydescribedhereinshallbe a covenant running with the land. BLACKWOOD GROVES Annexation Agreement 20 The terms,covenants and provisionsof thiswaiver shallextend to,and be binding upon the successors-in-interestand assignsofthe Landowner. DATED this 47 day of 94/£,,2020. LANDOWNER BLACKWOOD LAND FUND LLC By:Blackwood Management LLC Its:Manager BYGra Its:Manager STATE OF MONTANA ) :ss COUNTY OF GALLATIN) On this day of L2 ,2020,beforeme,theundersigned,a Notary Public forthe Stateof Montana,personallyappeared Grant Syth as anager forBlackwood Land Fund LLC and acknowledged to me thatthey executed the same forand on behalfof landowner. +woca m so apn en7.,L LC IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) ,,,,,,,SHEILA TINJUM (PrintedName Here) forthe t o ontana Notary Public forthe St'ateof .ses ng at:Residing at SEAL Bozemani Montana .My Commission Expires: My GommissionExpires August03,2023 (Use 4 digitsforexpirationyear) BLACKWOOD GROVES Annexation Agreement 21 By:Catrock Development LLC Its:Member By:Randol P.Scully Its:Sole Member STATE OF MONTANA ) :ss COUNTY OF GALLATIN) On this day of ,2020,beforeme,the undersigned,a Notary Public forthe Stateof Montana,personallyappeared Randolph P.Scullyas Sole Member forCatrock Development LLC and acknowledged to me thatthey executedthe same forand on behalfof landowner. IN WITNESS WHEREOF,Ihave hereunto setmy hand and affixedmy officialsealthe day and year firstabove written. (SEAL) ""'SHEILA TINJUM (PrintedName Her fortheStateo ontana Nom PuMic fo e &ate of ResWing at:Residing at / y°mr In E es:My Commission Expires:/ August03,2023 (Use 4 digitsforexpirationydar) BLACKWOOD GROVES Annexation Agreement 22