HomeMy WebLinkAboutA007 - Subdivision Sidewalk Bond dated October 11, 1988 i
SUBDIVISION SIDEWALK BOND
SPRING VALLEY 6TH SUBDIVISION
WHEREAS, construction of sidewalks in the Spring Valley 6th
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 Donald M. Furman and Erben A. 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 $19,000.00 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.
DO AL �iJRMAN
'-'�PRINCIPAL
ERBEN A. HUN IKER
PRINCIPAL
STATE OF IOWA, STQRY COUNTY, ss:
On this )IV- day of 0 P�U k , 19M, before me, the undersigned,
a notary public in and for the State of Iowa personally appeared
Donald M. Furman and Erben A. 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.
FAY COMMISSION EXPIRES
Notary Public in and for the State of Iowa
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H & F
SURETY f
By
President /
B
Y
Secretary
STATE OF IOWA, CQ,UNTY OF ss.
On this 11IL' day of 19ffi A.D. before me, the
undersigned, a NOTARY PUBLIC in and for the STATE OF IOWA, 'personally
appeared ,�(,b 0). E A( nco and E eo A. ilf1 z:,ter to me personally
known, who being by me duly sworn, did say that they are the President
and Secretary , respectively, of said corporation; (that no seal
has been procured by said corporation) . That said instrument was signed
on behalf of said corporation by authority of its Board of Directors, and
that said President and Secretary 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.
SUSAN W.AH!RS
Y CO 1 IN EXPIRES
Notary Public in and for the State of Iowa
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