HomeMy WebLinkAboutA005 - Agreement RE Grading of Streets, Installation of Sanitary Sewer and Other Utilities and Improvements dated June 8, 1976 DING Or
Tons m,? made this & ? p
97 by:arx,4 between `the City of lcw g. part 0 the First
e Schill Builders, nc.f art of the Second Part,
537T
` 1 S r a' rties of t ae eoond Part- e -the
of ers of the, real estate.-dp c� e d, as follolm to-wit:
DE '. 0P3..
V R I the partiat -of- the secbnd 1 °t are in
said Mal' estate, as Co try . i �G��-
Addition to Ads a.- Toga., as the Plat of the 'same t,gether with
-all -Supporting iniftrmrnanrts, having b'een submtitted to thd city
Cauilcil of -City -of 6�� ��ar �
_ proval and completed the
following opercition.0 6
Sanitary.-& storm setTer
Street"
Street Light
Street sigma.
Water '
Tot cat above lr,_T oven n
And -at ig desired by the parties hie 6to- to .make Provisions there-
o ,pand
IAWPMAS, Second 'Parti6s shall as Suma
the res ons.ibIiT.i
ty
for making said p rover-,ents: any?
it _hPM- b3-0U- e .-mated that ;the cost o cOM-
luting said improvs= eats _mill not e oeed the
sup of :P3CD.
MI ,q THE -PARTIES
AS oo 1. `
That 'the parti6s :0 the SGOOAd Part shall depo �_t
, th the, -Cjt�r Clerk of the' City 02 Az s a Iowa" a certified cheep
Or turetybond in a pence s of $91;>300.00 conditiohocl on
the, satisfactory cOMP1Gt::on. of said ibcowpjatI6 L-11prcav ents. .
-Teat thew 3
or, umt; bona of -
1 -
9 �304.,00 shall rema, i =.�so PPSi.ted Until. the parties o the
second part -a l. .hav6 �m j ,leted alZ Of the improvexents above
mentioned to th6 � ti. c oaz of the arty .flf. the first part.
.. Trhat th 6di pletion 'of all. of the improve-
rents to the tisfact icon gof the the
-of the first, g�ayet pai . +�
bond ," shier#w 'w2:t�4 +1�td9. in �t he 4 mow R,: of $ 1 s 3 0 4.0 0 shall -
be
r ..ear Sur-rendered .and' ee on�rated
4. That: all of 'said improvements pha�l . be aW- 1pleted
y -the -parties 0t the second art within 12 Onths of the date
of this Agreement. . in the evert of the failure of th6 parti
of the second--part--to co�pl t& all of t�z� � �� �o��. � :��rein
agreed ec , t it of the � 1a a rot rt may � o z said work and
recover the."cost thereof -From the certified -check or from the
SlXretias on said bond posted--:pursuant. hereto..
IN TIME BS TIIIE or th.-iS Ag'em t s e the day
-and-'year first dbove written by -the City Manager on behalf o
the City of � e, . _- and by the parties -of the second part.
Cat. Fla _g r erry V prenkel x A* SolUI f t'
-BYs _
e.creta
_ PITY -OF M _ FIRST PART PARTY"_OP THE SE CMD:MRT