HomeMy WebLinkAboutA006 - Subdivision Bond dated December 6, 1983 Bond No. 54-25111
FILE,
SUBDIVISION BONDr
KNOW ALL MEN BY THESE PRESENTS, That we, Erben A. Hunziker and Dona
r
Furman DBA H & F Builders c�rr
(a Partnership) , of Ames, Iowa (hereinaft ��cirr=o,-
called Principal) , and the UNITED FIRE & CASUALTY COMPANY, an Iowa
Corporation of Cedar Rapids, Iowa (hereinafter called Surety) , are held
and firmly bound unto the City of Ames, Iowa, a municipal corporation,
as Obligee in the penal sum of Twenty-six Thousand, Five Hundred and
no/100--- ($26,500.00) Dollars lawful money of the United States of
America, for the payment of which whereof, well and truly to be made,
the said Principal binds themselves, their heirs, executors and administrators, _
successors and -assigns, and the Surety binds itself, its susccessors and
assigns, jointly and severally, firmly by these presents.
WHEREAS, the above bounden, Erben A. Hunziker and Donald M. Furman DBA H & F
Builders (a Partnership) have asked for the approval of a certain subdivision
known as Parkview Heights Subdivision #19.
NOW, THEREFORE, if the above bounden, Erben A. Hunziker and Donald M. Furman
DBA H & F Builders (a Partnership) shall construct streets, curb and gutter
and lights in Parkview Heights Subdivision #19, Ames, Iowa, and pay a
reasonable inspection fee therefor, all as a part. of the platting ordinance
of the City of Ames, Iowa, all of which to be completed within two (2) '
years -from the date of acceptance of the final plat by the City Council,
then this obligation to be null and void; otherwise to be and remain, in
full force and- effect.
It is understood and agreed, however, that the liability of. the Surety
hereunder shall not exceed (1) the penal sum hereof, or (2) the actual
cost unto the City of Ames, Iowa, for the completing such specified
improvements, should such costs be less than the penal sum hereof.
Dated at Ames, Iowa, this 6th day of December, 1983.
H & FBU S
BY � .--
(Principal)
UNITED FIRE & C ALTYICONPANY
BY
Attor y-in-Fact