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Missoula County staff approve guarantee for O'Keeffe Ranch Estates Phase 3 improvements

2270299 · January 16, 2025
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Summary

County staff presented and the board approved a subdivision improvement agreement guaranteeing park and streetwork for phase 3 of O'Keeffe Ranch Estates; developer provided a standby letter of credit and the developer must complete improvements by Jan. 7, 2026.

John Hart, a county staff member, presented a proposed subdivision improvement agreement guaranteeing required public improvements for phase 3 of the O'Keeffe Ranch Estates subdivision on Waldo Road, west of Highway 93 and north of Interstate 90.

The agreement covers remaining work including sidewalks, curbs and gutters, ADA ramps and park improvements. "The estimated cost of those improvements with a 25% contingency is $266,386," Hart said. He told the board the developer, Ryan Build Homes LLC of Spokane, Washington, provided a standby letter of credit from Mountain West Bank, Coeur d'Alene, Idaho, to guarantee completion of the work.

The county noted about 20% of a neighborhood park will be built as part of phase 3, with the remaining 80% planned for phase 4; the board has created an RSID for park maintenance that will be assessed after the park is completed. The developer agreed to complete the listed improvements by Jan. 7, 2026.

A motion to approve the subdivision improvement agreement was made and seconded and the board recorded an affirmative vote. The developer will record the plat after the agreement is filed with the county recorder.

No additional amendments or conditions were announced during the discussion.