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HomeMy WebLinkAboutA008 - Subdivision Bond dated November 14, 1980 - $3,000.00 ]BONIENG W. 1933 Z00 GRAND AVENUE • DES MOINES, IOWA 50312 SUBDIVISION BOND Bond #IA-406,690 Know all 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, as Obligee, in the penal sum of Three Thnusand and Nn/1nn------- dollars 03,0nn_nn ), 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 2nd Addi ti on Subdi vi sion 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 improvements:- Street Lighting, Oakwood Second Addition ALL such improvements to,be completed in accordance with an agreement between the Principal and the Obligee. --- NOW,if the Principal-shall in all_respectsfulfill 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 November ' 19 80 Ev. Cochrane & Associates; Inc. Principal MERC rlFGXl.,BONDlNG COMPANY By Rod ey' s, ITI, Vice President 4t a CERTIFICATION I, the undersigned officer of the MERCHANTS MUTUAL BONDING COMPANY,hereby certify that the following is a full and true copy of Section 5 and Section 5b of Article II of the By-Laws of said Company: 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 Company thereto,bonds and undertakings, recognizances, contracts of indemnity and other writing obligatory in the nature there of. 5b: —The signature of any authorized officer and Seal of the Company may be affixed by facsimile to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond, undertaking, 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 Company. W.W. Warner, President and Chairman of the Board; H.D. Stiles,Vice President; Rodney Bliss III,Vice President; William W.Warner,Vice President; C.W. Story, Vice President; M.M. Thompson, Vice President; M.J. Long, Vice President; W.G. Brundage, Secretary-Treasurer; Gene Davis, Assistant Secretary. IN TESTIMONY WHEREOF, I have hereunto set my hand as Prnident and affix the Borate SeV the MERCHANTS MUTUAL BONDING COMPANY, this 4 nn day of , 19 President State of Iowa ) )ss County of Polk ) On this 14th day of November 19 80 , before me appeared W.W. Warner, to me personally known,who being by me duly sworn did say that he is President of the MERCHANTS MUTUAL BONDING COMPANY, the corporation 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 signed and sealed in behalf of said Corporation by authority of its Board of Directors, IN TESTIMONY WHEREOF,I have hereunto set my hand affixed my Official Seal at the City of Des Moines, Iowa, the day and year first above written. Notary Public, Polk County, Iowa My Commission Expires 9-30-83 NOTARY SEAL S�J�Vu BpyO�y IBDNDff NO Co. g BKOMUTID 1933 2i00 GRAND AVENUE • DES MOINES, IOWA 50312 SUBDIVISION BOND Bond #IA-406,690 Know all 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 Cit, of Ames , Iowa, as Obligee, in the penal sum of Three Thousand and No/1Q0------- dollars 03,000 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 OaWood 2nd Addition Subdivision 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 improvements: Street Lighting, Oakwood Second Addition 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 hiss-aid obligation according to the terms thereof,and shall satisfy all claims and demands incurred for same, an shall fully indemnify and save harmless 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 November , 19 80 Ev. Cochrane & Associates, Inc. Principal MER A BONDING COMPANY By - Rode lies, III, Vice President y KWMTED 1933 MO GRAND AVENUE • DES .MOINES, IOWA 50312 SUBDIVISION BOND Bond RA-4069690 Know all men by these presents: THAT we, Ev. Cochrane A 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 MAY Of ANS , Iowa, as Obligee, in the penal sum of ThM Thousand and N01100------- dollars (09000e00 ), 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 2nd Addition Subdiviaion being an official plat lying within the City of Ales County of Story , State of Iowa. .WHEREAS, the above bounden Principal has agreed with the Obligee to install the following improvements: Street Lighting. Oakwood Second Addition 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 harmless 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 November , 19 Its Ev. Cochrane b Associates. Inc. Principal' MER L BONDING COMPANY BF�odn 1iss. -III, Vice President,