Loading...
Subdivision Improvement Agreement/Phase 4BReturn to: Kalispell City Clerk *`#cBC,x I -15} Kalispell, MT 59903 IIIII I)IIIIIIIIIIIIIIIIII II II III IIIIIII�IIIIII� IIII III�illlllllli�III I IIIII IIII P— i otloOS Fees: $42.00 Debbie Pierson, Flathead County MT by DD B/ is/ 2016 4:55 PM APPENDIX E SUBDIVISION IMPROVEMENT AGREEMENT THIS AGREEMENT, made and entered into this i day of �S , 20 16 , by and between the CITY COUNCIL, CITY OF KALISPELL, MONTANA, Party of the First Part and hereinafter referred to as the CITY, and TOUCHSTONE LLC. (Name of Developer) a LIMITED LIABILITY CORPORATION (Individual, Company or Corporation) located at 135 W IDAHO, SUITE B. KALISPELL. MT. 59901 (Street Address/P. O. Box) (City, County, State, Zip) 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 MOUNTAIN VISTA SUBDIVISION PHASE 413 (Name of Subdivision) located at ASSESSOR'S TRACTS IBFA IN SECTION 2, TOWNSHIP 28 NORTH, (Location of Subdivision) RANGE 22 WEST, P.M.M., FLATHEAD COUNTY, MONTANA and, WHEREAS, the City has conditioned it's approval of the final plat of MOUNTAIN VISTA SUBDIVISION, PHASE 4B , upon the conditions as set forth (Name of Subdivision) 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 S 142,694.25 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 $ 178,367.81 . Said Letter of Credit or 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 $ 178,367.81 the estimated cost of completing the required improvements in MOUNTAIN VISTA SUBDIVISION, PHASE 413 (Name of Subdivision) 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 December 15 , 20 17 That upon completion of the required improvements, the Developer shall cause to be filed with the City a statement certifying that: a. 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; c. That the Developer knows of no defects in those improvements; d. That these improvements are free and clear of any encumbrances or liens; e. That a schedule of actual construction costs has been filed with the City; and, £ 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. MOUNTAIN VISTA SUBDIVISION, PHASE 4B / TOUCHSTONE LLC (Name of Subdivision/Developer/Firm) by (Nam e (Title) STATE OF MONTANA COUNTY OF Q&J:'NQa,.L On this I --� day of JkkA�A 20�1 _, before me, a Notary Public for the State of Montana, personally appeared V K\ ;pG , a r-th t A ! , known to me to be the o"� D'f cs of LL(—. , whose name is subscribed to the foregoing instrument and acknowledged to me that he/she executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Notarial Seal this day and year first above written. ' • SNtAH AtiRIGOPM NOWN PUBW for the Notary Public forte t to of Montana Staffs d Nlor km Printed Narnaam", c' I WU mV C« Residing at i4x, '' p (� �y ,pty 25, 2016 My Commission Expires MAYOR, CITY OF KALISPELL MAYOR ATTEST, L'.$/io®`®os A O F ✓a®® CIT CLERK � a :' t4 C �/llllllllllq� EXHIBIT A Conditions of approval as fixed to the preliminary plat by the City Council, Kalispell, Montana. EXHIBIT B This agreement specifically includes the following improvements, their projected construction completion date and estimated construction costs. CHECK CONSTRUCTION ESTIMATED PERCENTAGE APPROPRIATE COMPLETION CONSTRUCTION COMPLETE IMPROVEMENTS DATE COSTS Street Grading/Paving Street Base Sidewalks Curbs and Gutters Sanitary Sewers Mains Other ( ) On -Site Sewage Facilities Water Systems Mains Other ( ) On -Site Water Supply Water Storage Tanks Fire Hydrants Storm Sewer or Drainage Facilities Street Signs Street Lighting Street Monuments Survey Monument Boxes Landscaping/Boulevard trees Other ( ) SUBTOTAL FEES TOTALS COSTS TOTAL COLLATERAL (TOTALS COSTS X 125%) EXHIBIT "B" CERTIFICATION OF WORK TO BE COMPLETED MOUNTAIN VISTA PHASE 4B SUBDIVISION ROADS & OVERLOT GRADE Completed To Date: 7/15/2016 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price Quantity Completed Total Cost Completed 101 Strip Topsoil @ 6" C.Y. 200 $6.50 $1,300.00 0 $0.00 102 Replace Topsoil @ 4" C.Y. 200 $6.50 $1,300.00 0 $0.00 103 Embankment In-Place(Cut to fill onsite,compaction, grading) C.Y. 200 $6.50 $1,300.00 0 $0.00 104 Stabilization Fabric (Not including Extra for Joint Overlap) S.Y. 955 $1.50 $1,432.50 0 $0.00 105 1 1/2" Select Subbase in Roadway (incl. 3' Outside EOP & Hammerhead C.Y. 336 $39.00 $13,104.00 0 $0.00 106 3/4" Crushed Gravel in Roadway C.Y. 210 $43.50 $9,135.00 0 $0.00 107 4" Asphalt Paving S.Y. 955 $15.75 $15,041.25 0 $0.00 108 Curb & Gutter with Base Material L.F. 290 $16.50 $4,785.00 0 $0.00 109 5' Sidewalk with Base Material (incl. ADA Ramp Areas) S.F. 1650 $5.00 $8,250.00 0 $0.00 SUBTOTAL ITEMS 101 - 109 $55,647.75 $0.00 WATER SYSTEM Completed To Date: 711512016 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price Quantity Completed Total Cost Completed 201 8" Water Main L.F. 180 $42.00 $7,560.00 0 $0.00 202 Fittings/Tees/Reducer/Plugs EA. 1 $67&00 $675.00 0 $0.00 203 Fire Boz Hydrant Assembly w/ Pipe, 6" Gate Valve & EA. 1 $4,065.00 $4,065.00 0 $0.00 204 Water Services 314" EA. 5 $1,400.00 $7,000.00 0 $0.00 205 Connect to existing EA. 1 $1,700.00 $1,70 000 0 $0.00 SUBTOTAL ITEMS 201 - 205 $21,000.00 $0.00 SEWER SYSTEM Completed To Date: 711512016 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price Quantity Completed Total Cost Completed 301 2" Sewer Force Main L.F. 130 $23.25 $3,022.50 0 $0.00 302 2" Ball Valves, Boxes, Concrete Collars EA. 1 $800.00 $800.00 0 $0.00 303 Sewer Services EA. 5 $1,400.00 $7,000.00 0 $0.00 304 New End Run Cleanouts W/ Concrete MH Structure, Cover, Concrete Aprons EA. 1 $2,000.00 $2,000.00 0 $0.00 305 Connect to Existing EA. 1 $1,200.00 $1,200.00 0 $0.00 SUBTOTAL ITEMS 301 - 305 1 $14,022.50 $0.00 STORM DRAINAGE Completed To Date: 7/15/2016 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price Quantity Completed Total Cost Completed 401 Catch Basin Adjustment and Inlet Apron EA. 1 $600.00 $600.00 0 $0.00 402 Prep and Pave Maintenance Access S.Y. 146 $17.50 $2,555.00 0 $0.00 403 Temporary Erosion Control For Construction (Silt Fence, Straw Wattles, Inlet Protection, Etc. L.S. 1 $500.00 $500.00 0 $0.00 404 Permanent Erosion Control (Hydroseeding, Sod, Etc. L.S. 1 $1,500.00 $1,500.00 0 $0.00 SUBTOTAL ITEMS 401 - 404 $5,155.00 $0.00 MISCELLANEOUS WORK Completed To Date: 7/15/2016 Item No. Description Unit Measure Estimated Quantity Unit Price Total Price Quantity Completed Total Cost Completed 501 All Incidentals for Connection to Existing Subdivision, Including but not limited to: Traffic Control, Asphalt & Concrete Removal L.S. 1 $ 500.00 $500.00 0 $0.00 502 Signs EA. 2 $ 500.00 $1,000.00 0 $0.00 503 Mailboxes L.S. 1 $ 1,275.00 $1,275.00 0 $0.00 504 Mobilization Incl. Permits &SWPPP's L.S. 1 $ 3,500.00 $3,500.00 0 $0.00 505 Landscaping L.S. 1 $ 1,000.00 $1,000.00 0 $0.00 506 Construction Surveying L.S. 1 $ 4,000.00 $4,000.00 0 $0.00 SUBTOTAL ITEMS 501-506 $11,275.00 $0.00 UTILITIES - TRENCHING, CONDUIT, VAULTS & LIGHTS Completed To Date: 711512016 Item No. I Description Unit Measure Estimated Quantity Unit Price Total Price Quantity Completed Total Cost Completed 601 Common Utility Trench w/ Bedding L.F. 350 $9.00 $3,150.00 0 $0.00 602 1" Conduit w/ Pull Rope & Sweeps L.F. 350 $2.00 $700.00 0 $0.00 603 2" Conduit w/ Pull Rope& Sweeps L.F. 700 $2.00 $1,400.00 0 $0.00 604 3" Conduit w/ Pull Rope& Sweeps L.F. 350 $3.00 $1,050.00 0 $0.00 605 1 Phase Transformer Vault EA. 2 $425.00 $850.00 0 $0.00 606 Secondary Pedestals EA. 3 $100.00 $300.00 0 $0.00 607 Street Light Bases EA. 1 $1,000.00 $1,000.00 0 $0.00 SUBTOTAL ITEMS 601-607 $8,450.00 $0.00 Total Construction = $115,550.25 Total Construction Completed to Date = $0.00 SERVICE COSTS, FEES, ENGINEERING Completed To Date: 7/15/2016 Item Unit Estimated QUANTITY TOTAL COST No. Description Measure Quantity Unit Price Total Price COMPLETED COMPLETED 701 Flathead Electric - PH4B L.S. 1 $14,601.00 $12,444.00 0% $0.00 702 Northwestern Energy - PH4B L.S. 1 $5,500.00 $5,500.00 0% $0.00 703 Engineering, Construction, Certification - PH4B L.S. 1 $9,200.00 $9,200.00 0% $0.00 Ir SUBTOTAL ITEMS 701 - 703 $27,144.00 -F $0.00 TOTAL PROJECT BUDGET 1 $142,694.25 TOTAL ESTIMATED COST OF CONSTRUCTION $ 142,694.25 AMOUNT COMPLETED PRIOR TO BONDING $ - AMOUNT OF REMAINING WORK PRIOR TO BONDING $ 142,694.25 AMOUNT OF BOND (125% OF REMAINING WORK) $ 178,367.81 AS PROJECT ENGINEER FOR THE MOUNTAIN VISTA SUBDIVISION PHASE 413, 1 CERTIFY THAT THE WORK LISTED HEREIN IS CORRECT. IN ADDITION, I CERTIFY THAT THE ASSOCIATED COSTS ARE REASONABLY ACCURATE ESTIMATES OF THE RESPECTIVE COSTS OF THE WORK. THE VALUE OF CONSTRUCTION AND OTHER WORK COMPLETED TO DATE IS ESTIMATED TO BE: $ - THE TOTAL VALUE OF REMAINING WORK, SERVICES AND FEES IS ESTIMATED TO BE: $ 142,694.25 SECURITY HELD AT 125% OF THE REMAINING COSTS SHOULD BE IN THE AMOUNT OF: $ 178,367.81 BRETT WALCHECK, P.E. *ALL IMPROVEMENTS SHALL BE COMPLETED BY; ON BR gR I r C K 1 1 yt . 14872PE �i 14 `S,QNAL