HomeMy WebLinkAboutA005 - Agreement dated March 28, 1984 r
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AGREEMENT
THIS AGREEMENT, made and entered into this day of
March, 1984 , 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 Twentieth 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
$8,200 Sidewalks
bond, or a certified check, in the amount of $ $59,500 Other ,
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 herein agreed, 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
completion 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 March, 1984 .
4Z�
Erben A. Hunziker Donald M. Furman
R. FRIEDRICH & SONS, INC. CITY OF AMES, IOWA J.//�
HEOLAND. NEWBROU i ,n&�
JOHNSTON. BREWERR � p((`
& MADDUX B By �—/'y'/-
Steve Schinker
AMES. IOWA Robert K. Friedrich
President City Manager
"CITY"
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(By )/Ki ( 't
Reinhard F -iedric
Secretary
BUCK CONSTRUCTION COMPANY, INC.
Bye
o rt O. uck
President
By
Anne K. Buck
Secretary
"OWNERS"
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HEGLAND, NEWBROUGH,
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JOHNSTON, BREWER
& MADDUX
AMES, IOWA