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HomeMy WebLinkAboutA006 - Subdivision Sidewalk Bond dated November 23, 1992 Y SUBDIVISION SIDEWALK BOND COUNTRY GABLES FIFTH WHEREAS, construction of sidewalks in the Country Gables Fifth subdivision 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 Frank Schill personally and as principal ; and, Frank Schill_ and Sons, Inc. , as corporate surety, are hereby held and firmly bound as obligors unto the obligee City of Ames, Iowa, in the penal sum of Six Thousand Five Hundred Dollars ($6,500) 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 subdivision. 10, FRANK SCHILL PRINCIPAL STATE OF IOWA, STORY COUNTY, ss:_ On this 151 0 day of 194-"J, _before me, the undersigned, a notary public in and for the State of Iowa- personally appeared Frank Schill to me known to be the identical person named 'in and who executed the foregoing instrument, and ac know Ieidgedf,-hat he executed the same as his voluntary act and deed. Notary Pub is in and fort e ; State of Iowa Frank Schill and Sons, Inc. Surety By President Secretary STATE OF IOWA, COUNTY OF ss. On this A3'd day of 1992—A.D. before me, the undersigned, a NOTARY PUBLIC in and for the STATE OF IOWA, personally appeared and JayLt L, ScjL; I k to me ,personally known, who being by me duly sworn, did say that they are the Hr-FS;cu-k and ',�Sgr5. tri) , respectively, of said corporation; (that no seal has been pr cured by said corporation) tUe—&ea4—Gf--&ai4��on) . That said i nstrument^.was signed: on behalf of said corporation by authority of its Board of 'Directors, and that said and -a,e L , SeCu1k -- as__.such officers, acknowledged the execution of said instrument to--=be- the voluntary act and deed of said corporation, by it and by them volun— tarily executed. Notary Public in and for the State of Iowa