HomeMy WebLinkAboutA009 - Agreement for Public Improvements AGREEMENT FOR PUBLIC IMPROVEMENTS
NORTHCREST SUBDIVISION
AMES, STORY COUNTY, IOWA
THIS AGREEMENT is made on this _23 `�e day of August ,
1988 , by and between NORTHCREST, INC. , a nonprofit corporation
organized under the laws of the State of Iowa ( "Owner" ) , and THE
CITY OF AMES, IOWA ("City" ) , WITNESSETH:
WHEREAS, owner is in the process of platting real
estate to be know as Northcrest Subdivision , Ames , Story County,
Iowa , and
WHEREAS, Owner is required to construct a water main
extention on its property and to pay reasonable engineering and
inspection fees thereof ,
NOW, THEREFORE, in consideration of the premises and
the approval of said plat by the City of Ames , Iowa , it is hereby
AGREED that Owner shall deposit with the City of Ames a Certified
Check in the sum of $5 , 000 . 00, conditional upon completion of the
installation and hook up of the water main extention within the
said subdivision, all of said work to have been completed no
later than six (6) months from the date of the filing of the
final plat of said subdivision with the Recorder of Story County ,
Iowa .
IT IS FURTHER AGREED that the City reserves the right
to construct said improvements in the event Owner fails to do so
and to cover the costs thereof with the Certified Check of the
Owner .
IT IS FURTHER AGREED that upon satisfactory completion
of said improvements , the Certified Check shall be returned to
the Owner .
Executed the day and date first above written .
NORTHCREST, INC.
By :
Pr sident
By il
I �
Secretary
OWNER
CITY OF AMES, IOWA
B &SA� J
y •
If 1
Steven L. Schainker ,
City Manager
CITY
NEWBROUGH,JOHNSTON,
BREWER,MADDUX
&NADLER
AMES,IOWA
J,
STATE OF IOWA )
ss :
COUNTY OF STORY )
On this day of August , 1988, before me , the
undersigned, a Notary Public in and for the State of Iowa ,
pers ally appeared �?1.LiQGF /Q.fJAE.eS , ,e and
rTY ,e. 1ja y-'c,.tr, to me persona ly known, who, being by
me duly sworn, did say that they are the President and Secretary,
respectively, of said corporation executing the within and
foregoing instrument ; that no seal has been procured by the said
corporation; that said instrument was signed on behalf of said
corporation by authority of its Board f Directors ; and that the
s a i d !`[fi4 4[,�4 c E �iS�-r/.0 K s�04 a n d &E7 rY,e, AE1V-sa'V , as
such officers , acknowledged the execution of said instrument to
be the voluntary act and deed of said corporation, by it and by
them voluntarily executed.
C.MAD66x
`f � Not y Public in 4angi�rt h�
State of Iowa
STATE OF IOWA )
ss :
COUNTY OF STORY )
On this day of August , 1988 , before me , the
undersigned, a Notary Public in and for the State of Iowa,
personally appeared Steven L. Schainker , to me personally known,
and who, being by me duly sworn, did say that he is the City
Manager of the City of Ames , Iowa; that the seal affixed to the
foregoing instrument is the corporate seal of the corporation,
and that the instrument was signed and sealed on behalf of the
corporation by authority of its City Council , and Steven L.
Schainker acknowledged the execution of the instrument to be his
voluntary act and deed and the voluntary act and deed of the
corporation, by it voluntarily executed.
Notary Public in and for the
State of Iowa
NEWBROUGH,JOHNSTON,
BREWER,MADDUX
&NADLER
AMES.IOWA