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Latecomers AgreementReturn to: Kalispell City Clerk PO Box 1997 Kalispell, MT 59903 IIIIVIIIAIIINIIIUIIIbIIIVIIIeIIIMIIIC1119111NIIIbIIIgIIINIIINIIIVIIIVIIII Paae°=°°�zeO v,unn Robinson, rm�ne,a co���y nr ny �c aizaizooe ioeia0aw LATECOMERS AGREEMENT FOR REIMBURSEMENT FOR MUNICIPAL WATER AND SEWER SYSTEM EXTENSIONS AGREEMENT, made this day of 2008 between Montana Venture Partners, LLC, a Montana Corporation "Developer") and the City of Kalispell, situated in Flathead County, Montana ("City"). WITNES SETH: A. The City owns and operates municipal water and sewer systems within and adjacent to its City limits; and B. Developer has constructed, under agreement with the City, extensions to said water and sewer systems (collectively the "Extensions"), as more particularly depicted on Exhibit "A,'' attached hereto and incorporated herein by this reference, which Extensions are capable of serving parcels now owned by the Developer and others; and C. The Extensions are located within the City's municipal water and sewer service area, and shall be subject to the City's public works standards for performance; and D. The total project cost for design and construction of the Extensions amounted to $3,963,548.26 as more specifically itemized on Exhibit "B," attached hereto and incorporated herein by this reference; and E. The City and Developer desire and intend by this Agreement to provide for collection of the fair pro rota share of the total project costs of the Extension from the owners of the properties which benefit from the Extensions, but who did not contribute to the original cost thereof. F. The City has determined and Developer has agreed that the fair pro rata share of the total project costs of the Extensions, to be collected from the owners of properties who tap LATECOMERS AGREEMENT P. Z oaa:�zo��zao Fees: 4.00 Paula Robinson, Flathead County MT by NC 2/38/1008 30834 4M onto, connect to or use the Extensions for the purpose of receiving service from the connection, shall be based upon the equivalent residential units (."ERU") associated with the expected use of the subject properties at the rates set forth in Section 5 below. NOW, THEREFORE, in consideration of the mutual covenants and agreements hereafter set forth, it is agreed by and between the parties hereto as follows: 1. All of the recitals set forth above are adopted by the parties as material elements of this Agreement. 2. Developer shall transfer title, free and clear of all encumbrances, to the Extensions, by a bill of sale to be executed and delivered by Developer to the City. Developer shall assign easement deed for utilities, as applicable (hereinafter referred to as easement), to be executed and delivered by Developer to the City. In the event that any lien or other claim against the Extensions are asserted after conveyance to the City, Developer shall defend and hold harmless the City from loss on account thereof. In the event the City shall be put to any expense in defense of such claim or otherwise, then the City shall have a lien against any funds then or thereafter deposited with it pursuant to this Agreement. 3. Developer warrants that it is the owner in title absolute of the Extensions, that it has neither permitted nor suffered any person or other entity to tap onto, connect to or use the Extensions for the purpose of receiving service from the connection prior to the date of this Agreement. 4. The City agrees to accept the Extensions for ownership and maintenance as part of its facility by acceptance of the bill of sale and assignment of easement if the utilities are constructed in accordance to City of Kalispell Standards for Design and Construction, July 2005. Further, the City agrees to collect from owners of properties who have not heretofore contributed to the project costs of the Extensions, and who subsequently tap onto, connect to or use the Extensions for the purpose of receiving service from the connection, a fee equal to the fair pro rata share of the total project costs as set forth in Section 5 below ("Assessment Fees"). 5. The total project costs for the Extensions including costs eligible for reimbursement under this Agreement are as itemized on Exhibit "B.." Said eligible portion of the total project costs includes costs for predesign and design engineering, construction administration, surveying, construction, review, stormwater prevention plan, and legal fees, and interest during construction incurred and paid by Developer. The Assessment Fees for each of the properties who subsequently tap onto, connect to or use the Extensions for the purpose of receiving service from the connection shall be based upon the estimated equivalent residential units ("ERUs"') associated with such properties in the amounts set forth in Section 5(a) and (b). The amounts set forth in Sections 5 (a) and (b) are based upon total capacity of 3,161 ERUs for the municipal water system extension and 1,111 ERUs for the sewer system extension (a) The Assessment Fee for owners of properties who subsequently tap onto, LATECOM ERs AGREEMENT P. o,e�aorize1111111111111111111 IN sa Paula Robinson., Flathead county MT by xc :/:e/�aos io is nM connect to or use the municipal water system extension for the purpose of receiving service from the connection shall be $429.70 per ERU, adjusted annually in accordance with Section 5(c) below. The Assessment Fee for fire flow shall be determined as defined in Exhibit C of this Agreement. The maximum number of ERUs for which Developer shall be entitled to reimbursement for the municipal water system extension shall be 311.61 ERUs. (b) The Assessment Fee for owners of properties who subsequently tap onto, connect to or use the sewer system extension shall be $2,344.62 per ERU, adjusted annually in accordance with Section 5(c) below. The maximum number of ERUs for which Developer shall be entitled to reimbursement for the sewer system extension shall be 1,111. ERUs. (c) The per ERU Assessment Fees set forth in Sections 5(a) and (b) above shall be increased annually, over the prior year's Assessment Fee, on the first day of January each year, based upon the ten (10) year United States Treasury Note rate as reported by the wall Street Journal on November 30 (or the next business day) of the previous year, plus 1.5 %. b. The ERUs for purposes of computing the Assessment Fees to be collected pursuant to this Agreement shall be determined in accordance with Exhibit ``C,"' attached hereto and incorporated herein by this reference. 7. Reserved. S. The City agrees not to allow any tapping into, connecting to or using of the Extensions for the purpose of receiving service from the connection without the owners of properties to be benefited from said tapping or connecting having first paid to the City the Assessment Fees and such other charges as set forth in Sections 4 and 5 above. Furthermore, new residential developments will be required to pay the Assessment Fees for every newly developed lot at the time of filing the final plat. During the term of this Agreement, the City shall not have the authority to waive the Assessment Fees for tapping into, connecting to or using the Extensions for the purpose of receiving service from the connection, without the prior written consent of Developer and approval of the City Council. To the extent that the City does waive any Assessment Fees, the City shall be responsible for payment to Developer of the Assessment Fees that would have otherwise been payable by the owner of such properties benefiting from tapping onto, connecting to or using the Extensions for the purpose of receiving service from the connection and in no event shall the City make such payment from the City's utility enterprise fund. 9. The City shall pay to Developer the sums agreed by it to be collected pursuant to the provisions of this Agreement within forty-five (45) days after receipt thereof at the address of Developer as set forth hereinafter or at such other addresses as Developer shall provide to the City. LATECOMERs AGREEMENT P. 3 IIIIIIIIIVIIIIIIIIIIIIIIIINIIIIIIIIIIIIUIIIIIIIIIIIIIIIIIIIIIIIIINIIIIIIIIIIIIII oas<°<o��za° F...:.sa.oa Paula Robinson, Flathead County MT by NC 3/28/300810:34an 10. In the event of the assignment or transfer of the rights of Developer voluntarily, involuntarily or by operation of law, the City shall pay all benefits accruing hereunder, after notice, to such successor of Developer as the City, in its sole judgment, deems entitled to such benefits; and in the event conflicting demands are made upon the City for benefits accruing under this Agreement, the City may, at its option, commence an action in interpleader joining any party claiming rights under this contract, or other parties which the City believes to be necessary or proper, and the City shall be discharged from further liability upon paying the person or persons whom any court having jurisdiction of such interpleader action shall determine, and in such action the City shall be entitled to recover its reasonable attorneys' fees and cost, which fees and costs shall constitute a lien upon all funds accrued or accruing pursuant to this Agreement. 11. Nothing contained herein shall be construed to affect or impair in any manner the right of the City to regulate the use of its municipal water system or sewer system, of which the Extensions shall become a part under the terms of this Agreement, pursuant to the provisions of any ordinance, resolution or policy now or hereafter in effect. The imposition by the City of any such requirement shall not be deemed an impairment of this Agreement though it may be imposed in such a manner as to refuse service to an owner or owners of a parcel in the benefited area in order to secure compliance with any such requirement of the City. 1.2. This Agreement shall become operative as of the date first written above, and shall remain in full force and effect until December 31, 2018, or until Developer, or its successors or assigns, shall have been fully reimbursed as aforesaid, whichever event occurs earlier; provided, that in the event the Extensions, or any portions thereof, shall during the term of this Agreement, be rendered useless by the redesign or reconstruction of a portion of the Extension, or of the City's municipal water or sewer systems, then the City's - obligation to collect for Developer the Assessment Fees provided pursuant to this Agreement shall cease. 13. A six (6) percent administrative fee in addition to the per ERU assessment fees described previously in this Agreement shall be assessed by the City of Kalispell, Montana. 14. No waiver, alteration or modification of any of the provisions of this Agreement shall be binding unless in writing and signed by a duly authorized representative of the City and Developer. 15. All communications regarding this Agreement shall be sent to the parties at the addresses listed below, unless notified to the contrary. Montana Venture Partners, LLC City of Kalispell Mr. Andrew J. Miller Mr. Jaynes Patrick, City Manager P.O. Box 697 P.O. Box 1997 Kalispell, Montana 59903-0697 Kalispell, Montana 59903 LATECOMERs AGREEMENT P. 4 Paer°=o,�=6° Fees: $64.00 Paula Robinson, Flathead County MT by NC 2/28/200610:30 PM 16. All of the provisions, conditions, regulations and requirements of this Agreement shall be binding upon the successors and assigns of Developer, as if they were specifically mentioned herein. 17. This Agreement shall be construed in accordance with the laws of the State of Montana, and jurisdiction of any resulting dispute shall be in Flathead County, Montana. The prevailing party in any legal action arising from this Agreement shall be entitled to all costs and expenses, including attorneys" fees, expert witness fees or other witness fees and any such fees and expenses incurred on appeal. 18. Any invalidity, in whole or in part, of any of the provisions of this Agreement shall not affect the validity of any other of its provisions. 1 9. No term or provision herein shall be deemed waived and no breach excused unless such waiver or consent shall be in writing and signed by the party claimed to have waived or consented. 20. This Agreement, including its exhibits and all documents referenced herein, constitutes the entire agreement between the City and Developer, and supersedes all proposals, oral or written, between the parties on the subject. IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year above written. MONTANA VENTURE PARS, LLC [NAME] am [TITLE] DAT _T:jn � . , 2008 CITY OF IALISPELL, MONTANA ..., 40 QaQ-1CW[NAME1 �-. 7 V #F" A &D A [TITLE] DATE ao"A (:.o a ( , 2008 LA,rECOMERs AGREEMENT P. 5 o.ee°;aae°ao Paula aenmznn, rietneaa county Mr by xc :/aa/ioos vo:3a nw STATE OF MONTANA ss County of Flathead } On this dayof , 2008 before me, a Notary Public, personally appeared Andrew J. Miller, President of M ntana Venture Partners, LLC, known to me to be the person 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, the day and year first above written. A �A ��F�=�os•arsflr , f� , pry rv� ■ P 6 O � t e p S . 4 a ��'err■���e�e�s��■*■sx STATE OF M O NTANA County of Flathead s � Printed Name Notary Public, State of Montana Residing at Kalispell, Montan4 My Commission Expires: - 7 On this dayof08 before me a Notary Public personally Y ,p Y appeared James H. Patrick, Kalispell City NWriager, known to me to be the person 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, the day and year first above written. a a '�, '''• Printed Name 7 �_ . lj* WTAPn • a 4 Notary Public, State of Montana e� c Residing at Kalispell, Montana ■ S My Comm*ssion Expires. C a � 31J2 7 1/ ■a�o 0r �/\/ � 6 •` �"f . ;'o41 uaera¢r Exhibit A — sewer and water system extension drawing -To be attached to the Final Agreement Exhibit B — breakdown of reimbursable costs Exhibit C — ERU determination LATEC:OMERs AGREEMENT P. 6 200800005380 Page: 7 of 12 Fees: $84.00 # _ Paula Robinson, Flathead County MT by NC 2/28/2008 10:34 AM U EXHIBIT A Water and Sewer Main Drawing z 0 r Pit X tz LU 0 t 0 z x < CL --[ z Z! W fi11!:' Uc:j-' LU W U) C) Z < 'All LU Jf ..0 F 3r LLI A. _Ile &n Lj jj 3: Ln In A iL- H A fA c3-j EXHIBIT B TOTAL PROJECT COST FOR WATER AND SEWER MAIN EXTENSIONS ACTIVITY WATER SEWER TOTAL MMI - Design/Construction Admin $235,995.75 $235,995.75 $471,991.50 MM_ - Predesign $10,697.00 $10,697.00 $217394.00 MMI - Survey $7,671.00 $7,671.00 $15,342.00 Construction $997,034.97 $2,128,550.90 $3,125,585.87 Easements Costs $0.00 $0.00 $0.00 Easement Fees $0.00 $0.00 $0.00 MDEQ Review Fees $500.00 $500.00 $1,000.00 SWPPP Fees $1,250.00 $1,250.00 $21500.00 Legal Fees $3,750.00 $3,750.00 $77500.00 Interest During Construction $101,514.19 $216,720.70 $318,234.89 TOTAL COST 1 $1,3583412.91 $2,6051135.35 $3,963,548. aaae�so„=aiumiiimuiruiNummiiiuiiiwim o Fees: Pas.°9e,�zao F..,:.aaoo Paula Robinson, Flathead county MT by xc 2/2e/2009 10:34 AM EXHIBIT C COST PER EQUIVALENT RESIDENTIAL UNIT (ERU) DETERMINATION The purpose of this exhibit is to document the methodology used to determine the cost per Equivalent Residential Unit (ERU) for reimbursement to Montana Venture Partners, LLC as referenced in the Late Comers Agreement for Reimbursement for Municipal Water and Sewer System Extensions between the Montana Venture Partners, LLC and the City of Kalispell. DOMESTIC WATER An equivalent residential unit is defined as a single family home. The water demand of an ERU is defined as the maximum daily demand of a residential single family home. This demand is calculated as follows: Total people per home (ERU) = 2.31 (Ref. 2000 Census Data) Average Day Water Demand = 145 gallons per person per day (0. 10 gallons per person per minute) (Ref City of Kalispell Water, Wastewater, and Storm Drainage Facility Plan, January, 2002, Page 3 -6) Average Day/Maximum Day Peaking Factor = 2.7 (Ref. City of Kalispell Water, Wastewater, and Storm Drainage Facility Plan, January, 2002, Page 3-6) Maximum Day Demand per ERU = (2.31 people/ERU)x(0.10 gpm/person)x(2.7)= 0.62 gpm per ERU The Montana Venture Partners, LLC water main has been oversized in accordance with the City of Kalispell requirements in order to serve future growth in the area. Since capacity of a water main varies with pressure (and elevation), and since use of capacity is how reimbursement will be based, it is necessary to establish a point on which capacity for the Late Comers Agreement will be based. This point will be the entrance to Old School Station Subdivision. It is important to note this flow establishes the base point for the reimbursement to Montana Venture Partners, LLC. However, this flow does not necessarily define the actual capacity of the water main as capacity may change depending on the location along the water main (e.g. capacity is greater at lower elevations) or future improvements to the water main. According to the Basis of Design Report for the Old School Station project, the capacity of the water main at the entrance of Old School Station Subdivision is 2,960 gallons per minute (gpm) at a residual pressure of 20 psi not including the additional capacity of the well that was constructed as part of the old School Station project. The base minimum fire flow for any development is 1,000 gpm in therefore this fire flow will be considered an equal benefit to everyone served by the pipeline. Therefore, the leftover domestic capacity of the main is 1,960 gpm. The maximum number of ERU's that can be served with this capacity is figured by dividing this capacity by the Maximum Day Demand per ERU, which gives a total number of 3,161 ER.U's that can be reimbursed by this agreement. Dividing the total project cost by the maximum number of ER.U's the main can supply results in a cost per ERU reimbursable to Montana Venture Partners, LLC. With a total project cost of $1,3 5 8,412.91 and the total ERU's served of 3,161, the base cost per ERU is $429.70. Per Section 5.0 in the Late Comer's Agreement, the annual reimbursement fee will be increased annually based on the U.S. Treasury Note Rate plus 1.5%. The following table summarizes the yearly reimbursement costs per ERU based on a Treasury Note Rate of 4.6%, giving an annual interest rate of 6.1 % Table 1 Yearly Reimbursement Costs/ERU - Water Year Reimbursement Factor Reimbursement Amount per ERU' 2007 1.00 $429.70 2008 1.06 $455.48 2009 1.12 $481.27 2010 1.19 $511.35 2011 1.26 $541.42 2012 1.34 $575.80 2013 1.42 $610.18 2014 1.50 $644.55 2015 1.59 $683.23 2016 1.69 $726.20 2017 1.79 $769.17 2018 1.90 $816.43 1. The Reimbursement Factor and Reimbursement Amount per ERU shown in this Table is based on the Treasury Note Rate at the time of the creation of this agreement. The actual factor and rate will be determined annually as described in the text above. The City of Kalispell ERU Determination Schedule for Impact Fees (attached) will be used to determine the number of domestic ERUs for non-residential projects. The City may update this schedule at any time and will utilize the most current schedule for the calculation of ERUs. 111111111IIII F::a°sggoo=° Paula Robinson, Flathead County MT by NC 2/38/2008 10:34 AM IIIIIIIIIIIlllllllllllll@IIII Page°°����° Paula Robinson, Flathead county wr by xc aiaeii`ooe io:sa nw FIRE FLOW The Montana Venture Partners, LLC water main has also been oversized to provide fire flow in excess of the 1,000 gpm minimum. The late corners fee for all projects that require a fire flow in excess of 1,000 gpm shall be based on the following schedule: Table 2 Fire Flow Reimbursement Schedule Fire Flow Cost per Square Foot of Structure 11000 — 1$ 500 $2.00 11501 - 21000 $2.50 21001 -- 21500 $3.00 21501 — 31000 $3.50 3,001 — 31500 $4.00 3,501 — 47000 $4.50 > 4,000 $5.00 Total reimbursement to Montana Venture Partners is based on the total number of ERUs that can be sold (3,161). In order to keep track of the total number of ERUs sold the fire flow fee that is paid to the developer will need to be converted to ERUs by dividing the total fire flow fee by the $/ERU from Table 1. For example, if a project in 2010 had a $25,000 fire flow fee, the number of equivalent ERUs would be $25,000/($511.35/ERU) = 48.9 ERUs. SEWER An equivalent residential unit for wastewater is also defined as a single family home. The maximum wastewater flow per ERU will be defined as the peak hourly flow from a residential single family home. This demand is calculated as follows: Total people per home (ERU) = 2.31 (Ref. 2000 Census Data) Average -Day Wastewater Demand = 100 gallons per person per day (0.07 gallons per person per minute) (Ref. Montana Department of Environmental Quality) Average-Day/Peak Hour Factor = 2.75 (Ref. Montana Department of Environmental Quality, equation for peak hourly flow based on population) Maximum Peak Hour Flow per ERU = (2.31 people/ERU)x(0.07 gpm/person)x(2.75)= 0.45 gpm/ERU. The sewer main has been oversized in accordance with the City of Kalispell requirements in order to serve future growth in the area. Sewer main reimbursement costs are also based on the capacity of the system. The system currently is most limited by the size of the sewage lift station which has a capacity of 500 gpm. Using a Peak Hour flow of 0.45 GPM per ERU, the total number of ERU's that can be reimbursed by this agreement is Li 11. Dividing the total project cost by the maximum number of ERU's the sewer system can supply results in a cost per ERU reimbursable to Montana Venture Partners, LLC. With a total project cost of $2,605,135.35 and the total ERU's served of 1,111, the cost per ERU is $2,344.62. Per Section 5.0 in the Late Comer's Agreement, the annual reimbursement fee will be increased annually based on the U.S. Treasury Note Rate plus 1.5%. The following table summarizes the yearly reimbursement costs per ERU based on a Treasury Note Rate of 4.6%. giving an annual interest rate of 6.1 %: Table 3 Yearly Reimbursement Costs/ERU - Sewer Year Reimbursement Factor Reimbursement Amount per ERU' 2007 1.00 $21344.62 2008 1.06 $2,485.30 2009 1.12 $2,625.98 2010 1.19 $21790.10 2011 1.26 $2, 954.22 2012 1.34 $3,141.79 2013 1.42 $3,329.36 2014 1.50 $39516.93 2015 1.59 $37727.95 2016 1.69 $37962.41 2017 1.79 $4,196.87 2018 1.90 $47454.78 1. The Reimbursement Factor and Reimbursement Amount per ERU shown in this Table is based on the Treasury Note Rate at the time of the creation of this agreement. The actual factor and rate will be determined annually as described in the text above. As with the water, the City of Kalispell ERU Determination Schedule for Impact Fees will be used to determine the number of ERUs for non-residential projects. The City may update this schedule at any time and will utilize the most current schedule for the calculation of ERUs . 111111111111111111111111llll ose<°°�°,�z° Fear. $84.00 Paula Robinson, Flathead County MT by NC 3/28/300810:34AM