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HomeMy WebLinkAboutA005 - Agreement with Bethesda Lutheran Church dated August 14, 1965 A G R E E M E N T This agreement made and entered into this day of 1965 , by and between Bethesda Lutheran Church, hereinafter referred to as First Party, and the City of Ames , Iowa, hereinafter referred to as Second Party, WITNESSETH: WHEREAS , the First Party is in the process of platting a subdivision of Ames , Iowa, to be known as Bethesda Addition to the I I City of Ames , Iowa, and located within the territorial boundaries of the City of Ames , Iowa; and, WHEREAS , the First Party is required to complete construc- tion of sidewalks , including grading and seeding of parking, and to pay reasonable engineering and inspection fees therefor, all as a part of the platting procedures and in compliance with the platting ordinances of the City of Ames , Iowa; THEREFORE, in consideration of the premises , it is hereby AGREED that First Party shall and does hereby deposit with the Second party $400 .00 cash, being the amount recommended by the second party, conditional upon the completion of said improvements . It is further agreed that said improvements must be comple- ted within two years from and after the date of final approval of r Bethesda Addition to the City of Ames , Iowa, and the said improve- ments shall be constructed to meet the approval of Second Party acting through the City Engineers Office. It is further agreed that Second Party reserves the right to complete the said improvements , in the event First Party fails to do so, as herein agreed, and to cover the costs thereof with the $400 . 00 cash. It is further agreed that upon the satisfactory completion of the said improvements , including the paying of a reasonable engineering and inspection fee therefore , the cash shall be returned to the First Party. / IN WITNESS WHEREOF, we have hereunto subscribed our names HEGLAND. this / day of _ 1965 . NEWBROUGH & CI O AM ES j BETHESDA LUTHERAN CHURCH JOHNSTON � -] awes. Iowa y By1��Ch T-r Charles F. Frederiksen, Presiden Daniel L. Krieger, Sec dry