HomeMy WebLinkAboutA005 - Agreement dated November 16, 1983 AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
THIS AGREEMENT, made and entered into this day of
November, 1983 , between Erben A. Hunziker and Donald M. Furman,
R. Friedrich & Sons, Inc. , and Buck Construction Company, Inc. ,
all of Story County, Iowa, hereinafter referred to as "Owners"
and the City of Ames , Iowa, hereinafter referred to as "City" ,
WITNESSETH:
WHEREAS, Owners are in the process of platting real
estate to be known. as Nineteenth Addition, Parkview Heights
Subdivision of Ames , Iowa, and
WHEREAS, Owners are required to construct certain
improvements and utilities within the real estate, and to pay
reasonable engineering and inspection fees therefor, all as part
of the platting procedure of the City;
NOW, THEREFORE, in consideration of the premises,
it is hereby agreed that Owners shall deposit with the City a
surety bond, or a certified check, in the amount of $
conditional upon the completion of the improvements and utilities,
as required by the City for said Subdivision.
It is further agreed that City reserves the right to
construct said improvements and utilities in the event Owners
fail to do so as hereina greed, 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 completio
of said improvements and utilities, including the paying of a
reasonable engineering and inspection fee therefor, the bond shall
be released and the bondsman exonerated, or the certified check
shall be returned to Owners , as the case may be.
Dated this day of November, 1983 .
Erben Hunziker Donald M. Furman
HEGLAND, NEWBROUGH,
JOHNSTON, BREWER
& MADDUX
AMES. IOWA
pp-
-2-
R. FRIEDRICH & SONS, INC. CITY OF AMES, IOWA
By �" i y
Robert K. Friedrich Steven- L; Schainker
President City Manager
"CITY".
Z - -
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gy c
einhard K. Friedrich
Secretary
BUCK CONSTRUCTION COMPANY, INC.
By
. _ Roert O. Buck
President
` % 1 /%,A
By
Arine K. Buck
Secretary
"OWNERS"
HEGLAND, NEWBROUGH,
JOHNSTON, BREWER -
& MADDUX
AMES, 10-A
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