HomeMy WebLinkAboutA009 - Subdivision Bond dated July 14, 1977 1-B-018
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IV55 2100 GRAND AVENUE • DES MOINES, IOWA 50312
SUBDIVISION BOND Bond No. 359,584
Know a I I men by these presents:
THAT we, Buck Construction Co.; Inc. , Ames, Iowa
as Principal, and MERCHANTS MUTUAL BONDING COMPANY of Des Moines, Iowa, (hereinafter
called the Surety) are held and firmly bound unto the City of Ames, _, Iowa,
as Obligee, in the penal sum of Ei qht ThoUSand Two Hundred _-- dollars ($ 8,200 00 ).
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 Green, 4th Addition
being an official plat 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 im-
provements:
Street Lights - $2,000AG
Street -Signs - -200i00'.
Side�tal ks = '6'000 00:_
Total 8..200.00
- - - 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 harm-
less 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 14th
day of July , 19 77
Buck Construction Co. , Inc. :
Principal
C � 'Ya,000• �� ` MERCHANTS MUTUAL BONDIN�COMANY
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2M-CP-8-69 Rodney P41i s s, III, Vice President
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CERTIFICATION
I, the undersigned officer of the MER IANITS KMIAL BONDING COMPANY, hereby
certify that the following is a full and true cony of Section 5 and Section Sb
of Article 11 of the By-Laws of said Cacpany:
Section 5:--The Chairman, of the Board or President or any
Vice President or Secretary or any Assistant Secretary,
shall have power and authority to execute on behalf of the
Company, and attach the Seal of the CoMany thereto, bonds
and undertakings, recognizanees, contracts of indemnity and
other writing obligatory in the nature thereof.
5b:--7he signature of any authorized officer and Seal of the
Carpany may be affixed by facsimile to any Power of Attorney
or Certification thereof authorizing the execution and
delivery of any bond, undertakincr, 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.
I, further certify that the following are duly elected officers of the Cogmny:
W.W. Warner, President and Chairman of the Board; H.D.Stiles, Vice President;
Rodney Bliss III, Vice President; C.W.Story, Vice President; M.M. 7hcnpsen,
Vice President; William W. Warner, Vice President; W.G. Brundage, Treasurer;
Emily heeler, Secretary; S.P. McCormack, Assistant Vice President; C,ene Davis,
Assistant Secretary.
IN 7ESTIM3NY WFIEMF, I have hereunto set my hand as President and affix the
Corporate Seal of the MC HANTS MUrEML BONDING CONpANy,. this 14th
day of July , 19 777
State of Iowa
)sg County Of Polk
-- On this .14th day of July. _
,19 77. ,before me
appeared W.W.Warner, 'to ma personally kna n, who being by ire duly sworn did say
that he is President of the M R. CT AVrS MuruAL BONDING CcMPANY., the c o=ratien
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 instrtma'nt
was signed and sealed in behalf of said 'Comoration by authority of. its Board of
Directors,
IN TESTIMONY MEREOF, 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.
Notary tic, Polk County, owa
1V07`�1RY�SEAt, My CcmnLssic n E=ires 9-30-