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HomeMy WebLinkAboutA006 - Subdivision Sidewalk Bond dated December 14, 1990 SUBDIVISION SIDEWALK BOND SPRING VALLEY 8TH SUBDIVISION WHEREAS, construction of sidewalks in the Spring Valley 8th 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 $15,000 for the payment of which sum, well and truly to be made, we do jointly and severally bind ourselves, our heirs, executors, successors and assigns hereby, this being covenant to run with the land. The condition of the above obligation is such that if all sidewalks required to be constructed as a condition for approval of the plat of the aforesaid subdivision shall be properly constructed in accordance with the standards and specifications of the City of Ames Department of Public Works, with relation to each and every lot, then this obligation to be void, otherwise to remain in full force and effect. Nothing herein shall be deemed an impediment to a resolution of necessity -and assessment for a sidewalk with resp ct to lot in the said subdivision. DON FURMAN PRINC PAL I / ERB HUNZIKER PRINCIPAL STATE OF IOWA, STORY �COUNTY, ss: On this (y day of '1DcC=Mber 19 9Q before me, the undersigned, a notary public in and for the State of Iowa personally appeared Don Furman and Erb Hunziker to me known to be the identical persons named in and who executed the foregoing instrument, and acknowledged that they executed the same as their voluntary act and deed. Notary Public in and for the State of Iowa JUL=LENZMY COMMI fo H & F Su$ei Y B _ Prent B y Secretary STATE OF IOWA, COUNTY OF ss. On this /'� day of ecerrher, 19 9D A.D. before me, the undersigned_ a NpTARY -PUBLIC in and for the STATE OF IOWA, personally appeared ` b -yr/y6i\J' and EIJDCHUnr�i der" to me rsonal ly known who being by me duly sworn, did say at they are the re i �en C and CrC lr , respectively, of said corporation; (that no seal has been proc ed by said corporation) (the seal affixed hereto is the seal of said corporation) . That said instrument was signed on behalf of said corp,P ration by authority of its Board of Directors, and that said�l�r, , F�1r and / as such officers, acknowledged the execution of said i trument to be the voluntary act and deed of said corporation, by it and by them volun- tarily executed. Notary ublic in and f he State of Iowa JU.LIE LENZ MY COMMISSION EXPIRES