HomeMy WebLinkAboutA007 - Subdivision Bond dated November 21, 1977 - $169,767.00 BONDOG (CO.
1933 2100 GRAND AVENUE . DES MOINES, IOWA 50312
SUBDIVISION BOND Bond No. 365,896
Know a I I men,, by these presents:
THAT we, Ev Cochrane & Associates, Inc. , Ames, Iowa
as Principal, and MERCHANTS MUTUAL BONDING COMPANY of Des Moines, Iowa, (hereinafter
called the Surety) are held and firmly bound unto the City of Ames, , Iowa,
One Hundred Sixty-nine Thousand Seven Hundred
as Obligee, in the penal sum of Sixty-seven and 88%100---= dollars ($_ 169,767.00 ),
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 Oakwood 1st 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:
sanitary sewer, water, storm sewer.
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 21 s t
day of Nnyprlh?r 19.17
Ev Cochrane & Associates, .Inc: -
Principal
r =-
MERCHANTS MUTUAL BONDING-C9MgANY
2M-CP-8-69 y W_
. arner, res en
r
CERT IFIC-ATION
I, the undersigned officer of the K?,ROWM'13 KMD%L DY DINr, co,%T Ny, hereby
certify that the following is a full and try dory of Seetian 5 and Section 5b
X Article 11 of the By--L&ws of said Cc any:
Section 5:- 1.1he (.7hairman of the Board or President or any
Vice President or Secretary or any Assistant Secretary,
shall have pamer and authority to execute can behalf cf the
Company, and attach the Seal of the Carpany thereto, bonds
and undertakings, recognizances, contracts of indemnity and
other writing obligatory in the nature thereof.
5b.--The signature of any authorized officer and Seal of the
Ccapany may be affixed by facsimile to any Pacer of Attorney
or Certification thereof authorizinc, the execution and
delivery of any band, undertakina, recognizance, or other
suretyship d3ligaEt:iahs of the C-cmpany,. and such signature
and seal when so used shall have the same forge and effect
as though manually fixed.
I, further certify that the following are duly elected office of the :
W.W. Warner, President and Chairman of the Board; H.D.Stiles, Vice President;
Roomy Bliss III, Vice President; C.W.Story, Vice President; M.M. Thcqxmo
Vice President; William W. Warner, Vice President; W.G. BrLmdaW, Treasurer;
Endly Wleeler, Sectary; S.P. McCormack, Assistant Viae'President:; 01eene Davis,
Assistant Secretary.
IN TESTU424Y WHMMF, I have hereunto set my hand as President: and affix the
Corporate Seal of the MEROOW5 Kn%L BONDING CC APB', this 21 s t
day Of November o 19 77
glad t
Stag of Iowa )
)ss
Cofty of Polk )
pn this 21st day of November ,19 77 ,before ne
mated W.1971arner, to me nersonally known, o beiif4 Wm dit-stern did saV
that he is President of the VTR- QTXWS MUrVAL BONDING COWAW., the corp=ticn
described in the foregoing instrument, and that the Seal affixed to the said
inatrWAnt is the Corporate Seal of the said Corporaticn and that the said instrument
Was signed and sealed in behalf of said 'C:orooration by authority of its Board of
Ditector's,
IN TEMMONY I%IEMF, I have hereunto set my hand and affixed mv Official
Seal et U1e City of Des Moines, Iowa, the day and year first above written.
Notary Pubfic, Polk ounty, Iowa
My Commission 9-30-80