HomeMy WebLinkAboutA006 - Subdivision Bond dated April 27, 1976 ` 1
State Surety Company
Des' Moines, Iowa
k ,
Bond No. 2 0 0 810
SUBDIVISION BOND
KNOW ALL'MEN BY THESE PRESENTS: That Schill Builders, Inc.
of Ame s, ,I owa (hereinafter called the Principal), as Principal, and
STATE SURETY COMPANY of Des Moines, Iowa, (hereinafter called the Surety), as
Surety, are held and firmly bound unto the City of 'Ames, Iowa
as Obligee, in the penal sum of Seven Thousand Six Hundred &- No/100------
------- ------------------
- - = - - - - --- DOLLARS - -7,-600 .00-----
($ ), lawful- money of the
United States to the payment of which sum well and truly to be made, we bind our-
selves, our heirs, executors, administrators, successors, or assigns, jointly and
severally, by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH THAT: Whereas the above bounden Principal
is platting certain lots entitled County Gables 2nd Addition , Lots 1
through 21
all lying within the City of Ames
County of Story., State of Iowa.
WHEREAS: The above bounden Principal has agreed with the Obligee to install the
following improvements; Sidewalks in County Gables 2nd Addition ,
----- --- ----- -- - - -_----- - Lots 1 throughT21. - -- - - - ---- -- -- -- - - -_�—�
in the City ---of Ames
all in accordance with the
agreement between the Principal and the Obligee.
NOW, if the Principal shall in all respects fulfill his said obligation within
years according to the terms of his agreement 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 seal this 2 7th day
-- of -April-� - -�--- - � 19 76 � - -- -- ------ - --- — -- -
Schill Builders, Inc.
Principe
- -- - By
S ItATE ANY
By
PA
. Bro. way, Assistant S cretary .
Au 'hority Attached
i
a-
CERTIFICATE OF AUTHORITY 3`
I-hereby certify that the following is a true and correct copy of Paragraph 1, Section 1, Article II of
the By-Laws of the State Surety Company duly adopted and recorded, to-wit: "The Chairman of the
Board, the President, any Vice-President or any Assistant Vice-President, the Secretary or any Assist-
ant Secretary or the Treasurer shall have authority to issue bonds, policies or undertakings in the name
of the Company."
I further certify that
J . C. Brockway is . Assistant Secetary of
State Surety Company.
Assistant
IN TESTIMONY WHEREOF, I have-hereunto subscribed my name as/Secretary and affixed the cor-
porate seal of the Company in the City of Des Moines, on this 27th day of APr1 -�-19 76
2645 (Rev. 1 `11) �= Assistant Secretary