HomeMy WebLinkAboutA005 - Agreement for Public Improvements dated March 13, 1989 I
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iNST.N . � CJ
ST01,ly COUNTY, IOWA � M
FIL D FOR RECORD M
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PR 1989 RM� AGREEMENT FOR PUBLIC IMPROVEMENTS
S'USAN L VANDE KAMP,ReCordal FIRST ADDITION TO SOUTHWOOD SUBDIVISION.,
Recordi Fee$ r) OF AMES, IOWA
Auditor' Fee$
THIS AGREEMENT is made this _ 1 3 day of March,.• 1989 ,
by and between South Duff Development Partnership, an Iowa
General Partnership, with its principal place of business at ,
Ames, Story County, Iowa ( "Owner" ) , AND the City of Ames, Iowa, a
municipal corporation ( "City" ) , WITNESSETH:
WHEREAS, Owner is in the process of `-platting real
estate to be known as FIRST ADDITION TO SOUTHWOOD. S.LJBDIVISION OF
AMES, IOWA, and
WHEREAS, Owner is .required to construct certain
improvements and utilities within the proposed subdivision and
to pay .reasonable engineering and inspection fees therefor, all
as .part of the platting procedures of the City of. Ames, Iowa,
NOW, THEREFORE, in consideration of the premises and
the approval of said plat by the City of Ames•, Iowa, it is hereby
AGREED that Owner shall deposit with City a certified check in
the sum of $ 3.5- Uo 0 or a surety bond, conditional, upon
the completion o streets, street lights and street signs in
accordance with the plans and specifications therefor within said
subdivision as required by the City.
IT IS FURTHER AGREED that the City re-serves the right
to construct said improvements in the event that the Owner fails
to do so and to cover the costs thereof with the certified check
or the surety bond as the case maybe.
IT IS FURTHER AGREED that all improvements within said
subdivision required by the City shall be completed within two
( 2 ) years from the date of the acceptance and approval of the
final plat by the City Council of the' City.
IT IS FURTHER AGREED that upon satisfactory completion
of said improvements and utilities, including the payment of
reasonable engineering and inspection fees therefor, the surety
bond shall be released and the bondsman exonerated, or the
certified check returned to the. Owner, as the case may be.
Executed the date and year first above written.
SOUTH DUFF DEVELOPMENT '
PARTNERSHIP,
an Iowa General artnership
By ../�,.
D3TgXs G. Pyle,
Partner
CITY OF AMES, Z,�
By d, y
Steven L. Scha-ink� n
r, r'5" ! ,
City Manager C � .. <. ��
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•r'a;661Cd0lSO4��
NEWBROUGH,JOHNSTON,
BREWER,MADDUX
&NADLER
AMES.IOWA BOOK PAGE lqo
-2-
Approved as to form and content:
Jo n R. Klaus-1 Ames City Attorney
Paul Wiegandj Ames City Engineer
STATE OF IOWA )
ss .
COUNTY OF STORY )
P
On this day of `'� , 1989 before me,
the undersigned, a Notary Public in and for the State of Iowa,
personally appeared Douglas G. Pyle, to me personally known, who,
being by me duly sworn, did say that the person is. one of the
partners of South Duff Development Partnership, a partnership,
and 'that the instrument was signed on behalf of the partnership
by authority ' of the partners, and the partner acknowledged the
execution of the instrument to be the voluntary act and deed of .
the partnership, by it and by the partner voluntarily executed.
c~OVAL FRANK B.JOO-NS T 01'.1
MY COMMI SION EXPIRES
Notary Public in a d for the
State of Iowa
STATE OF IOWA )
ss.
COUNTY OF STORY )
On this aq'� day of 1989 , before me,
the undersigned, a Notary Public in and for the State of Iowa,
personally appeared Steven L. Schainker, to me personally known,
and who, being by me duly sworn, did state that he .is .the City
Manager of the City of Ames, Iowa; that the seal affixed to the
foregoing instrument is the corporate seal -of the municipal
corporation, and that the instrument was. signed and sealed on
behalf of the corporation by authority of its City Council , and
Steven L. Schainker acknowledged the execution of this instrument
to be his voluntary act and deed and the voluntary act and deed
of the municipal corporation, by it voluntarily executed.
.o
Notary Public in and r the
Stat of Iowa
10ANCY1 DIONIG1
Mf I"Oie;AISSION EXPIRES
• o P. - 6 - Gam.
NEWBROUGH,JOHNSTON,
BREWER,MADDUX BOOK PAGE
&NADLER
AMES.IOWA
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1989 AFPR -5 [14 3: 1
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