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HomeMy WebLinkAboutA003 - Sidewalk Bond dated April 10, 1998 M e4 SUBDIVISION SIDEWALK BOND THIRD ADDITION, BENTWOOD SUBDIVISION IN AMES,IOWA, A REPLAT OF OUTLOT X, SECOND ADDITION,BENTWOOD SUBDIVISION,AMES,IOWA WHEREAS, construction of sidewalks in the Third Addition, Bentwood Subdivision, a replat of Outlot X, Second Addition, Bentwood Subdivision, Ames, Iowa, by the subdivider, is a condition for approval by the City of Ames of the plat of said subdivision; and WHEREAS, it is desired that in accordance with customary building practice the construction of a sidewalk pertaining to a lot in said subdivision not be done until completion of a principal building on the lot so as to avoid destruction of the sidewalk by passage of heavy construction equipment and vehicles; NOW, THEREFORE, BE IT KNOWN That Erben Hunziker personally and as principal; and, H & F Builders Partnership, as surety, are hereby held and firmly bound as obligors unto the obligee City of Ames, Iowa, in the penal sum of Seventeen Thousand Two Hundred Dollars ($17,200.00) for the payment of which sum, well and truly to be made, we do jointly and severally bind ourselves, our heirs, executors, successors and assigns hereby,this being covenant to run with the land. The condition of the above obligation is such that if all sidewalks required to be constructed as a condition for approval of the plat of the aforesaid subdivision shall be properly constructed in accordance with the standards and specifications of the City of Ames Department of Public Works, with relation to each and every lot, then this obligation to be void, otherwise to remain in full force and effect. Nothing herein shall be deemed an impediment to a resolution of necessity and assessment for a sidewalk with respect to lots in the said sub ' ion. ERBEN A. HUNZIKER PRINCIPAL STATE OF IOWA, STORY COUNTY, ss: On this IP4 day of -, 1998, before me, the undersigned, a Notary Public in and for the State of Iowa, ersonally appeared Erben A. Hunziker, to me known to be the identical person named in and who executed the foregoing instrument, and acknowledged that he executed the same as his voluntary act and deed. a A, V.J.GIA®LER r MY c�c_"R ,°aN E h °F,`'' { Not Pu is i or e State of Iowa �)t __. H &F BUILDERS PARTNERSHIP Surety By: " G. Erben A. Hunziker, Partner STATE OF IOW,, ,A�,, STORY COUNTY, ss: On this ID' day of , before me, the undersigned, a Notary Public in and for the State of Iowa, persorlally appeared Erben A. Hunziker, to me personally known, who being by me duly sworn, did say that he is c ne of the partners of H & F Builders Partnership, a . partnership, and that the instrument was signed on behalf of the partnership by authority of the partners and the partner acknowledged the execution of the instrument to be the voluntary act and deed of the partnership by it and by the partner voluntarily executed. � U J.6.1ADLE.w [Ay(;'IMWjSSIGN , . , Notary Public in and for the State of Iowa