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HomeMy WebLinkAboutA006 - Subdivision Sidewalk Bond dated March 26, 1992 SUBDIVISION SIDEWALK BOND PATIO HOMES, 4TH ADDITION WHEREAS, construction of sidewalks in the Patio Homes, 4th subdivision by the subdivider is a condition for approval by the City of Ames of the plat of sai-d subdivision; and, WHEREAS, it is desired that in accordance with customary building practice the construction of a sidewalk pertaining to a lot in said subdivision not be done until completion of a principal building on the lot so as to avoid destruction of the sidewalk by passage of heavy construction equipment and vehicles; NOW, THEREFORE, BE IT KNOWN That Don Furman and Erb Hunziker personally and as principals; and, H & F Builders Partnership, as corporate surety, are hereby held and firmly bound as obligors unto the obligee City of Ames, Iowa, in the penal sum of Seventeen Thousand Dollars ($17,000) for the payment of which sum, well and truly to be made, we do jointly and severally bind ourselves, our heirs, executors, successors and assigns hereby, this being covenant to run with the land.- The condition of the above obligation is such that if all sidewalks required to be constructed as a condition for approval of the plat of the aforesaid subdivision shall be properly constructed in accordance with the standards and specifications of the City of Ames Department of Public Works, with relation to each and every lot, then this obligation to be void, otherwise to remain in full force and effect. Nothing herein shall be deemed an impediment to a resolution of . necessity and assessment for a sidewalk with respect to lots in the said subdivision. DON- FUR AN PRINCIP p ERB RUNZIKER PRINCIPAL STATE OF IOWA, STORY COUNTY, ss: On this (0 t day of `�'I'1G�c c�� 19 5/ , before me, the undersigned, a notary public in and for the State of Iowa personally appeared Don Furman, and Erb Hunziker to me known to be the identical persons named in and who executed the foregoing instrument, and acknowledged that they executed the same as their voluntary act and deed. 1�ro 111E � Y� Notary Public in and for the State of Iowa H & F Builders, Inc. Sure By President B Y / Sec -etary STATE OF IOWA, COUNTI(, OF ss. On this 77�'`, f0 A day of 19 A.D. before me, the undersigned, a NOTARY PUBLIC in and for the STATE OF IOWA, personally appeared Nh FLArm(Ay-j- and Er h HMr)V ke_r to me personally known, who being-by me duly sworn, did say that -they are the . VresfCjert4- and . S_ere.�ca , respectively, of said corporation; (that no seal has been procured by said corporation) (the seal affixed hereto is the seal of said ' corporation) . That sa.id instrument was signed on behalf of said corporation by authority of its Board of Directors, and that said DOr\ tArmn ►'\ and Grip- !HlnT K,e-r- as such officers, acknowledged the execution of said instrument to be the voluntary act and deed of said corporation, by it and by them voluntarily executed. "RY M- 0 EKPMMNo ar Public in and for e State of Iowa LAW/Patiohom.325