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HomeMy WebLinkAboutA005 - Subdivision Sidewalk Bond dated November 18, 1985 SUBDIVISION SIDEWALK BOND SPRING VALLEY 2ND SUBDIVISION WHEREAS, construction of sidewalks in the Spring Valley 2nd subdivision by the subdivider is a condition for approval by the City of Ames of the plat of said 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, as corporate surety, are hereby held and firmly bound as obligors unto the obligee City of Ames, Iowa in the penal sum of $5,000,00 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 a 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 VURM PRINCIPAL ERB H[]NZIKER PRINCIPAL STATE OF IOWA, STORY COO TY, ss: On this day of Aell� , 19 k5 , 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 acknowl- edged that they executed the same as their voluntary act and deed. SF DONNA Notary Public in and for 5 T,� the State of Iowa H & F SURETY By President By il,L^- e Secretary STATE OF IOWA, COUNTY OF ss. n1 J On this 1��� day of BI�C'a1�`�r��l. , 19 SS7 A.D. before me, the undersigned, a NOTARY PUBLIC in and for the STATE OF IOWA, personally appeared QCW., oN\ar,-and r to me pe sonally known, who being by me duly sworn, did say that they are the _ and , respectively, of said corporation; (that no seal has been procured 1yy said corporation) (the _seal affixed hereto is the seal of said corporation). That said instrument was signed on behalf of said ,corporation by authority of its Board of Directors, and that said cy-� j and E�Jo as such officers, acknowledged the execution of .said instrum nt to be the voluntary act and deed of said corporation, by it and by -them voluntarily a ecu�pted. Notary Public in and for p�pNN11SCHERR the State of Iowa JE 1 MY COMMISSION EXPIRES ,O P.