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2022 SIA/The Village at Eagle Valley Ranch Ph 1I A I Return to: Aimee Brunkhorst Kalispell City Clerk 201 1" Avenue East Kalispell, MT 59901 IIIIIIiI I) II I III IIIII IIIII III I (III) IIIII IIIII IIIII IIII "III IIIii (IIII IIII II I III III IIII Fees: $40 0006 Debbie Pierson, Flathead County MT by AH 1/6/2022 10:50 AM SUBDIVISION IMPROVEMENT AGREEMENT THIS AGREEMENT, made and entered into this 4th day of January 2022, by and between the CITY COUNCIL, CITY OF KALISPELL, MONTANA, Party of the First Part and 'hereinafter referred to as the CITY, and THE VILLAGE AT EAGLE VALLEY RANCH LLC, a Montana limited liability company, located at 341 W. Second St. Ste 1, San Bernardino, CA 92401, Party of the Second Part and hereinafter referred to as DEVELOPER. WITNESSETH: THAT WHEREAS, the Developer is the owner and developer of a new subdivision known as EAGLE VALLEY RANCH SUBDIVISION PHASE 1 located at N'/2SW'/4, Section 19, T 29N, R 21 W, City of Kalispell, Flathead County, Montana, and, WHEREAS, the City has conditioned it's approval of the final plat of EAGLE VALLEY RANCH SUBDIVISION PHASE 1 upon the conditions as set forth in the Preliminary Plat of the Subdivision being completed and all improvements, as cited in "Exhibit A" have not been completed at this time, and the Developer wishes to bond for the completion of those improvements set forth in "Exhibit A"; and WHEREAS, the City's Subdivision Regulations require that a subdivider shall provide a financial security of 125% of the estimated total cost of construction of said improvements as evidenced by an estimate prepared by a licensed public engineer included herewith as "Exhibit B"; and WHEREAS, the estimated total cost of construction of said improvements is the sum of Two Hundred Thousand and 00/100 Dollars ($200,000.00). NOW THEREFORE, in consideration of the approval of the final plat of said Subdivision by the City, the Developer hereby agrees as follows: The Developer shall deposit as collateral with the City a Letter of Credit, or other acceptable collateral as determined by the City Council, in the amount of Two Hundred Fifty Thousand and 00/ 100 Dollars ($250,000.00). Said Letter of Creditor other collateral shall have an expiration date of at least sixty (60) days following the date set for completion of the improvements, certifying the following: a. That the creditor guarantees funds in the sum of Two Hundred Fifty Thousand and 00/100 Dollars ($250,000.00), the estimated cost of completing the required improvements in EAGLE VALLEY RANCH SUBDIVISION PHASE 1. SUBDIVISION IMPROVEMENT AGREEMENT PAGE 1 OF 3 b. That if the Developer fails to complete the specified improvements within the required period, the creditor will pay to the City immediately, and without further action, such funds as are necessary to finance the completion of those improvements up to the limited of credit stated in the letter; 2. That said required improvements shall be fully completed by October 4, 2022. 3. That upon completion of the required improvements, the Developer shall cause to be filed with the City a statement certifying that: All required improvements are complete; b. That the improvements are in compliance with the minimum standards specified by the City for their construction and that the Developer warrants said improvements against any and all defects for a period of two (2) years from the date of acceptance of the completion of those improvements by the City; That the Developer knows of no defects in those improvements; d. That these improvements are free and clear of any encumbrances or liens; That a schedule of actual construction costs has been filed with the City; and, f. All applicable fees and surcharges have been paid. 4. The Developer shall cause to be filed with the City copies of final plans, profiles, grades and specifications of said improvements, with the certification of the registered professional engineer responsible for their preparation that all required improvements have been installed in conformance with said specifications. IT IS ALSO AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS, TO -WIT: That the Developer shall provide for inspection of all required improvements by a registered professional engineer before the Developer shall be released from the Subdivision Improvement Agreement. That if the City determines that any improvements are not constructed in compliance with the specifications, it shall furnish the Developer with a list of specific deficiencies and may withhold collateral sufficient to insure such compliance. If the City determines that the Developer will not construct any or all of the improvements in accordance with the specifications, or within the required time limits, it may withdraw the collateral and employ such funds as may be necessary to construct the improvement or improvements in accordance with the specifications. The unused portions of the collateral shall be returned to the Developer or the crediting institution, as is appropriate. IN WITNESS WHEREOF, the Parties have hereunto set their hands and seals the day and year herein before written. THE VILLAGE AT EAGLE VALLEY RANCH LLC //j By /',, icholas J. C ss Is, Manager SUBDIVISION IMPROVEMENT AGREEMENT PAGE 2 OF 3 STATE OF MONTANA COUNTY OF —T On this 4 day of l�ussouli's2, 0�, before me, a Notary Public for the State of Montana, personally appear e Nicholas J. known tome to be the Manager of The Village at Eagle Valley Ranch, LLC whose name is subscribed to the foregoing instrument and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal this day and year first above written. ' n n SAVANNAH BROWN os„R °�y NOTARY PUBLIC for the `' -• State of Montana *CAL +� wing at Kalispell, Montana e MMyCommission Expires "AO October 13, 2025 Notary Public for he State of Montana Printed Name Gi Q-n Yl Y Residing at My Commission Expires I 2D2- CITY MANAGER, CITY OF KALISPELL TY MANAGER ATTEST: ✓f CITY CLERK `��oeoKA ee���or •'izP01,* �-•••`'SEAL�m U 1892 rr- ,•NTP. SUBDIVISION IMPROVEMENT AGREEMENT PAGE 3 OF 3 Engineers Estimate of Proiect Progress KAL►SPELL, MT A5 At: 12.29.21 Eagle Valley Ranch Subdivision Bid item Description Quantity Units Unit Price Bid Total % Complete Value 10 Mobilizaton 1 LS $ 37,103.19 $ 37,103.19 90% $ 33 392.87 20 SWPPP 1 LS $7,174.05 $7,174.05 90% $6,456.65 30 Erosion Control 1 LS $14,681.12 $14 681.12 100% $14 681.12 35 Sawcut and Remove Ash alt Approach 1323 SF $ 0.40 $529.20 100% $ 529.20 37 Remove Existing Culvert 46 LF $ 7.36 $ 338.56 100% $338.56 40 Survey Staking DONE BY OTHERS 1 LS $0.00 0% $ 0.D0 50 Com action Testing DONE BY OTHERS 1 LS $ 0.00 0% $ 0.00 60 Strip and Stockpile Topsoil 1.125' Ave Depth) 28177 CY $1.85 $52,127.45 100% $52,127.45 70 Site Cut and Fill 1 LS 151894.12 151894.12 100% $ 151894.12 80 Waste Excess on Site 21376 CY $ 2.26 $ 48,309.76 10D% $ 48 309.76 90 Replace Topsoil 6" Depth) 12100 CY $ 3.76 $ 45 496.00 90% $ 40 946.40 100 Seeding 1 LS $ 37 777.09 $ 37 777.09 0% $ 0.00 110 Connect to Existing 18" Sewer Main 1 LS $12,736.96 $12,736.96 10D% $ 12 736.96 115 8" Sewer Main 14 LF $ 168.59 1 $ 2,360.26 10D% $ 2 360.26 120 12' PVC Sewer Main 1844 LF $ 38.12 $70,293,28 30D% $ 70,293.28 130 Sewer Manholes 7 EA $3,567.36 $24,971.52 100% $24,971.52 140 Connect to Existing Storm Drain- Rose Crossing 1 LS $ 2 837.47 $ 2,837.47 300% $ 2 837.47 ISO Street Restoration w raffic Control 1 LS $ 8,032.99 $ 8 032.99 100% $ 8 032.99 160 18" Storm Drain 1421 LF $38.25 $ 54 353.25 10D% $54,353.25 170 Storm Drain Manholes 6 LF $ 2 828.59 $16,971.54 10D% $16,971.54 175 Pond Outfall Structure 1 EA $ 4 741.82 $ 4 741.82 100% $ 4,741.82 180 8" PVC Water Main 2378 EA $ 49.59 $ 117925.02 10D% $ 117 925.02 190 8" Fittings 12 EA $615.33 $7,383.96 1DD% 7 383.96 200 8" Gate Valves 23 EA $1,796.25 $ 41,313.75 1DD% $ 41,313.75 210 Fire H dront Assembly 7 EA $ S 236.98 $ 36 658.86 100% $ 36 658.86 215 Hydrant Protection Bollards 6 EA $498.21 $2,989.26 10D% $2,989.26 220 3 4" Water Service w/Meter Pits 48 EA $4,186.26 $ 200,940.48 100% $ 200,940.48 225 11 2" Water Service w/Meter Pits 2 EA $ 5,727.43 $11,454.86 100% $11454.86 230 8" Sewer Main 1409 LF $ 40.92 $57,656.28 100% .28 240 12" Sewer Main 897 LF $ 62.72 56 259.84 1OD%250 Sewer Manholes 9 EA $3,316,27 $29,946.43 1DD% .43260 4" Sewer Services 49 EA $1841.68 $90,242.32 100% 1$56,ZS9.84 .32265 6" Sewer Services 3 EA 3507.29 $10 521.87 100% .87266 D ells- Pond B 5 EA 2 520.87 12 604.35 100% .35267 Flex Mats- Pond B 8068 SF 1 LS $5840800 $58 408.00 66% .28 270 12" Storm Drain 1950 LF $ 38.06 $ 74 217,00 100% $ 74 217.00 275 15" Storm Drain 24 LF 1 $ 66.76 $ 1602.24 100% $ 1,602.24 278 21" Sttorm Drain 933 LF $ 58.76 $ 54 823.08 100% $ 54,823.08 279 Ri ro Outfall 65 SF $ 8.63 $ 560.95 100% $ 560.95 280 30" Diameter Catch Basins w Apron 14 EA $1960.90 $ 27,452.60 100% $ 27,452.60 290 48" Diameter Storm Manholes 12 EA $ 2 920.99 $ 35 051.88 100% 35 051.88 300 60" Diameter Storm Manholes 1 EA 4 269.41 4 269.41 100% 4 269.41 305 down Curb 3118 LF $16.35 $ 50,979.30 100% 50 979.30 310 Concrete Curb and Gutter 1409 LF $ 16.91 $ 23,826.19 100% $ 23 826.19 312 7' Valley Gutter 134 SF $11.00 $ 1,474.00 100% $ 1474.00 314 8" Concrete Mailbox pad 36 SF $19.38 $ 697.68 100% $ 697.68 320 6" Concrete Drive 577 SF $7.33 $4,229.41 100% $4,229.41 325 6" Concrete Mailbox Apron 527 SF $ 7.18 $ 3 783.86 10D% $ 3 783.86 330 HC Ram s 997 SF $12.73 $12,691.81 100% $12,691.81 335 Dome Tiles 24 EA $ 220.26 $ 5 286.24 100% $5,286.24 340 Sidewalk w Gravel 20926 SF $ 4.21 $ 88,098.46 95% $ 83 693.54 34S 15' of 3" Minus- Temp Gravel Turn Arounds 13318 SF $1.02 $13,584.36 80% $10,867.49 346 6' of 3 4"Crush- Temp Gravel Tum-Arounds 13318 SF $ 0.60 $ 7,990.80 80% $ 6 392.64 347 "Barricade Sign' 6 EA $ 272.70 $1636.20 0% $ 0.D0 348 9" of 3" Minus- Gravel "Hammer Head" 1601 SF $1.31 $2,097.31 10D% $2,097.31 350 15" of 3" Minus -Collector 22659 SF $1.14 $ 25,831.26 100% $ 25 831.26 360 6" of 3 4' Crush- Collector 22659 SF $ 0.56 $12,689.04 10D% $ 12 689.04 370 4' of Asphalt -Collector 22659 SF $ L86 $ 42,145.74 100% $ 42,145.74 390 9" of 3" Minus- Local 46471 SF $ 0.71 $32,994,41 100% $ 32 994,41 390 6"of 3 4" Crush- Local 46471 SF $0.57 $ 26 488.47 100% $26,488.47 400 4" of Asphalt - Local 46471 SF $1.94 $ 90,153.74 100% $ 90153.74 402 9" of 3" Minus- MDT R.O.W. 1167 SF $ 1.20 $ 1400.40 10D% $1,400,40 404 6" of 3 4" Crush - MDT R.O.W. 1167 SF $0.79 $921.93 100% $ 921.93 406 4" of Asphalt - MDT R.O.W. 1167 SF $ 2.75 $ 3 209.25 0% $ 0.00 410 9' of 3" Minus - Asphalt / Maintenance Path 33804 SF $ 0.78 $ 26,367.12 10D% $ 26,367.12 420 6" of 3/4" Crush - Asphalt / Maintenance Path SF $0.59 $10,530.32 100% $10,530.32 430 4" of As halt Maintenance Path SF $ 2.06 $36,766.88 0% $0.00 440 10" of 3/4" Crish- As halt Maintenanne Path SF $1.12 $17,870.72 100% $17,870.72 450 1 FT Shoulder- As halt Maintenance Path 117848 LF $1,87 $2,846.14 100% $2,846.14 452 "Authorized Vehicles Onl "Si ns EA $230.75 $923.00 100% $923.00 454 "25 MPH 5 eed Limit"Si ns EA $230.75 $1,384.50 100% $1,384.50 460 Street Names / Sto Si ns EA $ 566.39 $ 2,265.56 100% $ 2,265.56 470 28 FT Wide Painted Cross Walk / Stop Bar 8 EA $ 304.17 $ 2,433.36 100% $ 2,433.36 480 34 FT Wide Painted Cross Walk Stop Bar 4 EA $ 367.10 $ 1,468.40 100% $ 1,468.40 490 14 FT Wide 24" Stop Bar 4 EA $ 304.17 $ 1,216.68 100% $ 1,216.68 500 BLVD Trees- 2.5" Caliper 111 EA $ 393.32 $ 43,658.52 0% $ 0.00 510 Common Utility Trench With Bedding 3929 LF $ 10.60 $ 41,647.40 100% $ 41,647.40 520 6" Power Conduit w/Swee s and Pull Roe 1490 LF $ 5.42 $ 8,075.80 100% $ 8,075.80 530 4"Power Conduit w/Swee s and Pull Roe 2268 LF $ 3.19 $ 7,234.92 100% $ 7,234.92 540 3" Secondary Power Conduit w/Swee s and Pull Roe 1791 LF $ 4.71 $ 8,435.61 100% $ 8,435.61 2" Phone/Cable Conduit w/Swee s and Pull Roe 11098 LF $1.86 $20,642.28 100% $20,642.28 Seconda Electric Peds FEC Su lied 18 EA $130.84 $2,355.12 100% $2,355.12 Sin le Phasde Vaults 9 EA $937.86 $8,440.74 100% $8,440.74 K Three Phase Vaults 3 EA $1506.58 $4,519.74 100% $4,519.74 Li ht Trench With Beddin 687 LF $11.71 $8,044.77 100% $8,044.77 11/4" Li ht Condit w/Swee s and Pull Roe 1809 LF $1.79 $3,238.11 100% $3,238.11 Li ht Bases 14 EA $ 840.27 $11763.78 100% $11,763.78 620 6" Gas Steve 241 LF $ 44.60 $10,748.60 100% $ 10,748.60 Jefferson Extension # Cut 10000 CY $ 4.52 $ 45,200.00 100% $ 45,200.00 If Fill 8500 CY $ 5,13 $ 43,605.00 100% $ 43,605.00 If Road Subgrade S' Cut 6900 CY $ 6.26 $ 43,194.00 100% $ 43,194.00 # Waste 8400 CY $ 4.42 $ 37,128.00 100% $ 37,128.00 # 8" SS Main 459 LF $ 40.92 $ 18,782.28 100% $18,782.28 # 4" SS Service 3 EA 3 EA $ 1841.68 $ 5,525.04 300% $ 5,525.04 It SS Manhole 4 EA $ 3316.28 $ 13,265.12 100% $ 13,265.12 # 8" Water Main 329 LF $ 49.59 $16,315.11 100% $16,315.11 # 8" Cross 1 EA $ 615.33 $ 615.33 100% $ 615.33 It 8" Gate Valve 8 EA $1796.25 $14,370.00 100% $14,370.00 # 8" GV Plus 4 EA $ 615.33 $ 2,461.32 100% $ 2,461.32 # 8" Bend 3 EA $ 615.33 $ 1,845.99 100% $1,845.99 # Hydrant 1 EA $ 5236.98 $ 5,236.98 100% $ 5,236.98 # 12" SO 285 LF $ 38.06 $ 10,847.10 100% $10,847.10 # SO Manhole 2 EA $ 2920.99 $ 5,841.98 100% $ 5,841.98 # SO Curb Inlet 3 EA $1960.90 $ 5,882.70 100% $ 5,882.70 # Underground Power 976 LF $ 5.42 $ 5,289.92 100% $ 5,289.92 # Communication Conduit 725 LF $ 5.58 $ 4,045.50 100% $ 4,045.50 # Light Poles 4 EA $ 840.27 $ 3,36L08 100% $ 3,361.08 # Vaults 1 EA $ 1506,58 $ 1,506.58 100% $ 1,506.58 # Pedestals 2 EA $130.84 $ 261.68 100% $ 261.68 # Curb and Gutter 633 LF $ 16.91 $ 10,704.03 100% $ 10,704.03 # 7" Valle Gutter 69 LF $11.00 $ 759.00 100% $ 759.00 # ISidewalk 3071 SF $ 4.21 $12,928.91 100% $12,928.91 If HC Ramp 205 SF $12.73 $ 2,609.65 50% $ 1,304.83 # ADA Tiles 5 EA $ 220.26 $ 1 101.30 50% $ 550.65 # 8" Mailbox Pad 52 SF $19.38 $ 1,007.76 100% $1,007.76 # 6" Mailbox Turnout 538 SF $ 7.18 $ 3,862.84 100% $ 3,862.84 # Manhole Apron 4 EA $ 7.00 1 $ 28.00 100% $ 28.00 # Gate Valve Apron 6 EA $ 7.00 $ 42.00 0% $ 0.00 # As halt Paving 115445 SF 11544 SF $ 1.94 $ 22,395.36 0% $ 0.00 # 3/4" Crush - Roadway 6" 11544 SF $ 0.57 $ 6,580,08 100% $ 6,580.08 # 3" Minus Subbase 15" 11544 SF S 1.14 $ 13,160.16 100% $ 13,160.16 # Boulevard 70 CY $ 3.76 $ 263.20 100% $ 263.20 # Seeding 1 LS $ 3777.71 $ 3,777.71 O% $ 0.00 # BLVD Trees- 2.5" Caliper 13 EA 1 $ 393.32 $ 5,113.16 0% $ 0.00 67% $ 1,761,372.29 TOTAL $ 2,628,913.87 Completed Work $ 435,126.23 TOTAL Percent Complete 93% Remaining Work $ 193,787.64 Contingency for Miscellaneous Incomplete items $ 6,212.36 Engineers Estimate $ 200,000.00