HomeMy WebLinkAboutA008 - Subdivision Bond dated November 4, 1977 193 2100 GRAND AVENUE DES MOINES, IOWA 50312
SUBDIVISION BOND
.#365,626
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 Ithe Surety) are held and firmly bound unto the i t)L:of Ames; , Iowa,
and
a 00/100 . .
as Obligee, in the penal sum of Twelve.Thousand.Seven .Hundred dollars .$12,700.00 ).
lawful money of the United States to the payment of which sum well and truly to be made, the Principal
- ---- ----herefn-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 entitles Greene's 5th Addition
being an official plat lying within the City of__- ll1eS, T owa
County of StOY'Y ,State of Iowa.
WHEREAS, the above bounden Principal has agreed with the Obligee to install the following im-
provements:
Sidewalks = •$6,000.00
Streets, Storm.Sewer,. 'Lights and Street Signs --
. -_ :$6,700.00
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 4th
day of .November , 19: 77-
Buck. Construction.Co., Inc.
Principal
MERCHANTS MUTUAL BONDING'COMPANVT -
13 i'den t
2M-CP-8-69 i i am a -
CER/T IFIC'AT10N
I
I, the undersigned officer of the ME,R W.1Tfi KMI AL E37,71)CNG COMPANY, hereby
cartify that the followina is a full and txue gory of Section 5 and Section 5b
,-)f Article II of the By-Lm4s of said Cc any:
Secticn 5:---11he Chairman of the Heard or President or any
Vice President or Secretary or any° Assistant Secretary,
shall have pca&r and authority to execute can behalf of the
Ccupany, and attach the Seal of the Ccnpany thereto, bonds
and undertakings, reooqn zances, contracts of inde=it:y and
other writing cabligatory in the nature thereof.
5ba--The signature of any authorized officer and Seal of the
Company may be affixed t y facsimile to any Peer of Attorney
or Certifi.caticn 'thereof authorizing the execution and
--delivezy of any bcd, vndertakincr, recognizance, or other -
suretyship obligations of the Carpany,. and such signature
and seal when so used shall have the same forts` and effect
as though manually fixed.
I, further certify that the following are duly elected officers of the :
W.W. Warner, President and Chairman of the Board; H.D.Stiles, Vice President;
Rodney Bliss III, Vice President; C.W.Story, VicePresident; M&M. 7hcapscn,
vice President; William W. Warner,Vice President; W.C. Bnmdaqe, Treasurer; -
EmLly tRheeler, Secretary; S.P. McCormack, Assistant Vice'President; Gene Davis,
Assistant Secretary. _
IN TBST]CPM WaM:MOr, I have hereunto set my hand as President
and affix the
Corporate Seal of the MgRcHAws M vuAL BC mTw, Ct wxjy, this 4th
d=ly of 111nvnmfiPY , 19 77
Stato of Icwa }
)ss
cotpty of Polk )
On this 4th day of November 77
119 ,before me
a7vaW W.W.Warner, to M nersonally ZTm_�,wE ing G� re duly surge dad say
that he is President of the MRRCmrs MLTI'fFAL, maN wc. GRANv, the corporaticn
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 sinned and sealed in behalf of said 'Coroorat:ion by authority of its Board of
Directors,
IN TEMMDKY IMF, I have hereunto set my hand and affixed my official
seal at the City of Ties Moines, Iowa, the day and year first above written.
IN01MV SEAL Notary Pub la C, Polk County, Iona
`� My Ccc:eni.ssion moires 9-30.E-80