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Home My WebLink AboutA009 - Subdivision Bond Bond Number: IAC 21016 a Merchants Bonding Company � y 2100 GnAND AVENUE•DES MOINES,IOWA 50312 SUBDIVISION BOND Know all men by these presents : THAT we, William C. Knapp Revocable Trust as Principal, and MERCHANTS BONDING COMPANY (MUTUAL) of Des Moines, Iowa (hereinafter called the Surety) are held and firmly bound unto the City of Ames Iowa, Six Hundred Ninety Thousand Nine as Obligee, in the penal sum of Hundred Twenty—One & 70/100 dollars ($ 690,Q21.70 ) lawful money of the United States to the payment of which sum well and truly to be made, the Principal herein firmly binds himself (themselves), their heirs, executors, and administrators, and the said Surety binds itself, its successors, assigns, executors and administrators, jointly and severally, firmly by these presents. NOW THE CONDITION OF THIS OBLIGATION IS SUCH, THAT, whereas the above bounden Principal is platting certain lots entitled Bloomington Heights Plat 5 being an official plat lying within the City of Ames County of StO y , State of Iowa. WHEREAS, thL- above bounden Principal has agreed with the Obligee to install the following improvements: Earth Work, Utilities (Sanitary Sewer, Watermain, Storm Sewer), and ACC Paving as per the attached lists. r ALL such improvements to be completed in accordance with an agreement between the Principal and ' the Obligee. NOW, if the Principal shall in all respects fulfill his said obligation according to the terms thereof,and shall satisfy all claims and demands incurred for same, and shall fully indemnify and save harmless the Obligee from all costs and damages which it may suffer by reason of failure to do so and shall fully reimburse and repay the Obligee all outlays and expenses which it may incur in making good any such default, then this obligation is to be void and of no effect; otherwise to remain in full force and effect. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 21st day of November 19 -z— Willi a ReAQable Trust 1 n p e M RCHA S O CC Y(MUTUAL) By 114 William R. Phillips, Attorney—in—Fact CODE ITEM COST(LS/(rP/HR) TOTAL(S) L.S_ EARTH WORK S 163,642.20 1. Clearing&grubbing 2. Mowing of grass 3. Fence removal 4. Strip to rear yards 5. Rough grade site 6. Subgrade prep for paving 7. Shoulder paving&dozer finish S. Install 1,000 L.F.of silt fence 9. 19 acres of erosion control seeding& mulching 10. Gravel connection to Hyde Avenue 11. 2 type M barricades U.P. UTILITIES See Attached S 297,549.00 U.P. A.C.C.PAVING S 168,100.50 30"Curb&Gutter 4,735 LF @ S I0.00/LF = S 47,350.00 Hot Mix Base 2,990 TN @ 29.951TN — 89,550.50 Hot Mix Surface 975 TN @ 32.00/TN 31,200.00 Asphalt Repairs as needed @ 40.00/TN a 01-Nov-45 Job: Bloomington Heights Plat 5 QUANTITY TYPE OF ITFzM1DESCRIPTION UNIT UNIT PRICE EXTENSION SANITARY SEWER: 1 Sewer, 8"Truss 1408 LF 21.00 29,568.00 2 Sewer, 10"Truss 270 LF 23.00 6,210.00 3 Sewer, Manholes 7 EA 2,136.00 14,952.00 4 Sewer, Services 31 EA 578.00 17,918.00 WATERMAlN: 1 Water, 8"C-900 2415 LF 18.00 43,470.00 2 Bend, 22 1/2 9 EA 140.00 1,260.00 3 Bend, 11 1/4 2 EA 140.00 280.00 4 Hydrant 1 EA 355.00 355.00 5 Hydrant Assembly 6 EA 524.00 3,144.00 6 Valve, 8" 10 EA 411.00 4,110.00 7 Tee, 8*8 3 EA 190.00 570.00 8 Cross, 8"8"8"8 1 EA 189.00 189.00 9 Blow off Hydrant 2 EA 355.00 710.00 10 Water Services 31 EA 405.00 12,555.00 STORM SEWER: 1 Collector Line, 6" 919 LF 12.00 11,028.00 2 RCP, 12" 103 LF 20.00 2,060.00 3 RCP, 15" 182 LF 22.00 4,004.00 4 RCP, 27" 128 LF 37.00 4,736.00 5 RCP, 36" 688 LF 54.00 37.152.00 6 RCP, 48 103 LF 87.00 8,961.00 7 RCP, 54" 539 LF 112.00 60,368.00 8 FES, 36" 1 EA 735.00 735.00 9 FES, 54" 1 EA 1,125.00 1,125.00 10 Manhole, 60" 1 EA 1,950.00 1,950.00 11 Intake, RA-3 Open Throat 14 EA 1,160.00 16,100.00 12 Standard Cleanout 4 EA 200.00 800-00 13 Sump Services 31 EA 300.00 9,300.00 , 14 "r Section Manhole 3 EA 1,313.00 3,939.00 # TOTALS 297,549.00 5 Merchants Bonding Company (MUTUAL) POWER OF ATTORNEY Know All Men By These Presents,that the MERCHANTS BONDING COMPANY(MUTUAL),a corporation duly organized under the laws of the State of Iowa,and having its principal office in the City of Des Moines, County of Polk,State of Iowa, hath made,constituted and appointed,and does.by these presents make,constitute and appoint Stephen W. Kent, Renzie Cunningham, Curtis Van Veldhuizen, Laure Guisinger, Brenda Vincent, Sarah Lorenzen, William R. Phillips or Dean M. Clark of Des Moines and State of Iowa its true and omey- , with full power and authority hereby conferred in its name,place and stead,to sign,execute,acknowledge and deli er in iwful its behalf' sact surety any and all bonds,undertakings,recognizances or other written obligations in the nature thereof,subject to the limitation that any such instrument shall not exceed the amount of: TWO MILLION FIVE HUNDRED THOUSAND ($2,500,000.00) Dollars and to bind the MERCHANTS BONDING COMPANY(MUTUAL)thereby as fully and to the same extent as if such bond or undertaking was signed by the duly authorized officers of the MERCHANT'S BONDING COMPANY(MUTUAL),and all such acts of said Attorney-in-Fact, pursuant to the authority herein given,are hereby ratified and confirmed. This Power-of-Attorney is made and executed pursuant to and by authority of the following Amended Substituted and Restated By-Laws adopted by the Board of Directors of the MERCHANTS BONDING COMPANY(MUTUAL)on October 3, 1992. ARTICLE ll,SECTION 8.—The Chairman of the Board or President or any Vice President or Secretary shall have power and author- ity to appoint Attorneys-in-Fact,and to authorize them to execute on behalf of the Company,and attach the Seal of the Company thereto,bonds and undertakings,recognizances,contracts of indemnity and other writings obligatory in the nature thereof. ARTICLE II,SECTION 9.—The signature of any authorized officer and the Seal of the Company may be affixed by facsimile to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond,undertaking,recognizance,or other suretyship obligations of the Company,and such signature and seal when so used shall have the same force and effect as though manually fixed. In Witness Whereof,MERCHANTS BONDING COMPANY(MUTUAL)has caused these presents to be signed by its Vice-President and its corporate seal to be hereto affixed,this 31st day of July ,19 95 •0NG CO• MERCHANTS BONDING COMPANY(MUTUAL) • 00��R P 0'0 ' yc• -a- rn; •Z' � ,- 1933 •.c• By .•,�' STATE OF IOWA � \1•' Vice President COUNTY OF POLK ss. ••'••.••'• On this 31st day of July 19 95 before me appeared Larry Taylor,to me personally known,who being by me duly sworn did say that he is Vice-President of the MERCHANTS BONDING COMPANY(MUTUAL), the corporation described in the foregoing instrument, and that the Seal affixed to the said instrument is the Corporate Seal of the said Corporation and that the said instrument was signed and sealed in behalf of said Corporation by authority of its Board of Directors. In Testimony Whereof,I have hereunto set my hand and affixed my Official Seal at the City of Des Moines,Iowa,the day and year first above written. J 9� � IOWA Z Notary Public,Polk County,Iowa • • 2 '• My Commission ox Expires 2-19-98 STATE OF IOWA % qAf A%-9. •�; COUNTY OF POLK ss. 0*0 I,William Warner,Jr.,Secretary of the MERCHANTS BONDING COMPANY(MUTUAL),do hereby certify that the above and foregoing is a true and correct copy of the POWER-OF-ATTORNEY,executed by said MERCHANTS BONDING COMPANY(MUTUAL),which is still in force and effect. In Witness Whereof,I have hereunto set my hand and affixed the Seal of the Company on this 218t day of November 19, 95 0.0000.0. • EtPO ' :0.• 0 99•:�y; swretary 16,Th,.s.Power-of-Attomey expires 12-31-97 'y' � � 2 MSC 14 �'1• • Z: a' ' 1933 3' . y • 5 V! 5 � � o w � Q 3 0 X L O C� m Ua 0