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Public Improvements Agreement/35 Three Mile DriveReturn to: Theresa White Kalispell City Clerk 201 1 st Avenue East Kalispell, MT 59901 IIIII 'III IIIIIIII I III III I II III II IIIII' I I II II II II II IN2008 Page:1 of 4 92 Fees. $28.00 Paula Robinson, Flathead County MT by TM 11/20/2008 3:52 PM PIUBLIC IMPROVEMENTS AGREEMENT For 35 THREE MILE DRIVE THIS AGREEMENT, made and entered into this ] ` ,day of October, 2008, by and between the CITY OF KALISPELL, MONTANA, Party of the First Part and hereinafter referred to as the CITY, and THREE MILE PROFESSIONAL CENTER LLC located at 690 N Meridian #103, Kalispell, MT 59901, Party of the Second Part and hereinafter referred to as DEVELOPER. WITNESSETH: WHEREAS, the Developer is the owner and developer of a new commercial facility known as 35 Three Mile Drive located at 35 Three Mile Drive, Kalispell, Montana; and, WHEREAS, the City has conditioned it's approval of the Certificate of Occupancy of 35 Three Mile Drive upon certain improvement being completed and all improvements, as cited in "Exhibit A" have not been completed at this time, and the Developer wishes to provide cash in lieu of providing a bond for the completion of those improvements; and WHEREAS, the estimated total cost of construction of said improvements, as set forth in "Exhibit A", an estimate prepared by a licensed public engineer, is the sum of $11,420.00; and WHEREAS, the City of Kalispell is in the process of designing a long term upgrade of Three Mile Drive and such final design for the upgrade may require the removal of the improvements otherwise required for the Certificate of Occupancy; and WHEREAS, it is currently uncertain when the upgrade improvements will be made to Three Mile Drive; and WHEREAS, the parties agree that it would be financially prudent and fair and reasonable to the parties to allow the Developer to provide cash in lieu of providing a bond for the completion of those improvements in the amount of $11,420.00; and Page: 2 of 4 92 Fees: $28.00 Paula Robinson, Flathead County MT by TM 11/20/2008 3:52 PM WHEREAS, the City agrees that it shall use the above described funds paid by Developer as cash in lieu of a bond to pay for the public infrastructure improvements on the subject property as may be required by the design of the long term upgrade of Three Mile Drive; and NOW THEREFORE, in consideration of the issuance of a Certificate of Occupancy by the City, the Developer hereby agrees as follows: 1. The Developer shall deposit the sum of $11,420.00 with the City as cash in lieu of the financial security of a performance bond and the City agrees that it shall use such funds paid by Developer as cash in lieu of a bond to pay for the public infrastructure improvements on the subject property as may be required by the design of the long term upgrade of Three Mile Drive; and IN WITNESS WHEREOF, the Parties have hereunto set their hands and seals the day and year herein before written. v4t4ju('�' By: Managing Member i III ( IIII II IIII I II II IIIII I II I I I IIII II II IN Page: 3 of 4 Page: 3 of 4 STATE OF MONTANA ) Fees: $28.00 ):SS Paula Robinson, Flathead County MT by TM 11/20/2008 3:52 PM County of Flathead ) On this ) q '-day of October, 2008, before me, the undersigned, a Notary Public for the State of Montana, personally appeared `4 t_ V1Q i = , Managing Member of THREE MILE PROFESSIONAL CENTER LLC, and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal the day and year in this certificate first above written. b •a � �. �§.S �bw �w z .aSEAL .mod <•°���° e�41f�� %��� STATE OF MONTANA ) ):ss County of Flathead ) V-,£ 11 Notary Public, State of Montana Residing at k/— e My Commission Expires 1 l- On this ,�)'V ---day of October, 2008, before me, a Notary Public in and for the State of Montana, personally appeared %�, , L c- ---- , known to me to be the Acting City Manager of the City of Kalispell, a municipality, that executed the within instrument, and acknowledged that such City Manager subscribed, sealed and delivered said instrument as the free and voluntary act of said municipality, for the uses and purposes therein set forth, and that he was duly authorized to execute the same on behalf of said municipality. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal, the day and year first above written. 611 , t- Notary Public, State of Montana Residing at t My Commission Expires c!�k I ' ` • SEAL ; 00 Cc c� 0 cl; 04 C) 00000000 LO 0 0 0 0 0 0�� U) 4 6 6 6 "— 6 6:' 63 C4'j 619, LC) (D C3 40. 0 0 6% 6% LO to U-) 49 4cp 64 04 O C1 . . .. .. . . . . '0i cif : 45 ca 0 ji > cu:-O .0 r: ! a %0); 03 10, CL: CL 0 co O ii Z-51 U : - i0i ma's �0; ica i N: (D c) cu to co 0: cc cac : : j:' �: > M.: r—: (A 0 -e .65 cls:.'O . . .0 r O, c _Ile r— 1 0 ii= i 75: cts O w O C) U-. U- LL > LL co U- (f) CD - ........ ........ ...... c: Q C): Q., sr%0 i CO CO O;i 0 i ................... ............ ...... ...... ...... fi E 0 4) z 04: r LO (0:` r-:: co: c): Cc" 1- 2008 0031892 Page: age:4 of 4 Fees: $28.00 Paula Robinson, Flathead County MT by TM 11/20/2008 3:52 PM FRASER MANAGEMENT & CONSULTING, PLLC 690 NORTH MERIDIAN, SUITE 103 KALISPELL, MT. 59901 Charles Harball, City Attorney October 24, 2008 201 1st Avenue East Kalispell, Mt. 59901 Re: Public Improvements- 35 3 Mile Drive Dear Mr. Harball; Enclosed is a check for $11, 420.00 for the curb, gutter, sidewalk, boulevard planting and miscellaneous items of construction. We are providing the amount estimated for construction in advance of the final improvements agreement. I am confident based on our discussions the details of the agreement will be satisfactory to the City and Three Mile Professional, LLC. We would have waited for the agreement but it is imperative the new office in 35 3 Mile Drive be occupied no later then November 3, 2008. Therefore the amount of the guarantee is being provided to you to hold until the agreement is completed. In this way the City has the financial guarantee in hand for the improvements required by the site plan and City Standards. I am asking you to notify Public Works of the receipt of the guarantee and instruct them to approve the site for occupancy. If you have any questions please contact me, 253 4326 or irifraser(c�nioiitanasl:v.net. Sincer ly; l✓tJ Michael W. Fraser, PE. w/encl. Check Number