HomeMy WebLinkAboutA005 - Agreement dated September 2, 1969 A G R E E M E N T
KNOW ALL MEN BY THESE PRESENTS:
This Agreement, made and entered into this day
of _&,oar 1969 , between Erben A. Hunziker and Donald
M. Furman, of Story County, Iowa, hereinafter referred to as
"First Party" , and the City of Ames , Iowa, hereinafter referred
to as "Second Party" , WITNESSETH:
WHEREAS , the First Party is in the process of platting
a subdivision to Ames , Iowa, to be known as First Addition to
Greenbriar Subdivision to Ames, Iowa, and located within the
territorial boundaries of the City of. Ames , Iowa, and
WHEREAS , the First Party is required to complete
construction of concrete curb and gutter, storm sewers , sanitary
sewers, street signs , street lights , street surfacing, sidewalks
and grading and seeding of parking within said subdivision,
and to pay reasonable engineering and inspection fees therefor,
all as part of the platting procedure and in compliance with
the platting ordinances of the City of Ames , Iowa.
NOW .THEREFORE, in consideration of the premises , it
is hereby agreed that the. First Party shall deposit with the
Second Party a surety bond, or a certified check, in the amount
of conditional upon. the completion of said improve-
ments, all as required by the Ordinances of the City of Ames ,
Iowa
It is further agreed that the Second Party reserves
the right to complete the said improvements in the event First
Party fails to do so, as herein agreed, and to cover the costs
thereof with the surety bond or the certified check, as . the
case may be.
It is further agreed that upon the satisfactory completi n
of the said improvements , including the paying of a reasonable
engineering and inspection fee therefor, the bond shall be
GLAND, NEWBROUGH
OHNSTON & BREWER
AMES, IOWA
r �
-2-
released and the bondsman exonerated, or the certified check
shall be returned to First Party, as the case maybe.
Dated this day of , 1969 .
ERgRN A. HUNZIKE - r
DONALD M. FURMAN`
FIRST PARTIES
C1 Y , WA
By /
SECOND PARTY
HEGLAND. NEWBROUGH
JOHNSTON & BREWER
AMES. IOWA