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HomeMy WebLinkAboutA007 - Agreement for Public Improvements dated June 9, 1987 F r r ' IWST# FEE$ AGREEMENT FOR .PUBLIC IMPROVEMENTS SECOND ADDITION, SQUAW VALLEY SOUTH SUBDIVISION, STORY COUNTY, IOWA THIS AGREEMENT is made this _1 day of . , 1987 , between ROBERT F. CAREY of Story County, Iowa ( "Owner" ) , and THE CITY OF AMES, IOWA ( "City" ) , WITNESSETH: WHEREAS, Owner is in the process of platting real estate to be known as SECOND ADDITION, SQUAW VALLEY SOUTH SUBDIVISION, STORY COUNTY, IOWA, and --- - WHEREAS,.. Owner is required to construct certain improvements within said real estate and to pay reasonable engineering and inspection fees therefor, 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 $2 , 500 . 00 , conditional upon completion of the grading and graveling or placement of rock upon those streets within said subdivision known as Mathews Road and Pleasant View Road as said streets are designated on said plat, all of said work to have been completed no later than eighteen ( 18 ) months from the date of the filing of the final plat of said subdivision with the Recorder of Story County, Iowa. IT IS FURTHER AGREED that City reserves the right to construct said improvements in the event Owner fails to do so and to cover the costs thereof with the Certified Check of the owner. IT IS FURTHER AGREED upon the satisfactory completion of said improvements , the Certified Check shall be returned to the Owner. IT IS FURTHER AGREED that all rights and benefits of the City pursuant to this Agreement may be exercised by Story County, Iowa. Executed the date and year first above written. 'NST.NO. STORY COUNTY IOWA ROBERT F. CAREY FILED FOR RECORD f t !r JUN 2 6 1987 OWNER 4`Jti7PV1Y f�. POTTER, / - Recorder CITY OF AMES, IOWA Deputy # By wKY X v Steven L. Schainker, 33 b � City Manager CITY STATE .'OF IOWA ) ss . COUNTY OF- STORY ) On this " \ day of �"" z 1987 , before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared Robert F. Carey, to me known to be the identical person named in and who executed the within and foregoing instrument, and acknowledged that he executed the same has his voluntary act and deed. JEWBROUGH,JOHNSTON, BREWER,MADDUX 5 NADLER 2 pa� s� EFFM K B,JOHNSTON AMES,IOWA ,• OMMI SIGN EX IRES Notary Public in and for the °WN `�?f State of Iowa GOOK PAGE....-- -2- STATE OF IOWA ) ss . COUNTY OF STORY ) On this day of Qty 1987 , 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 say 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 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 the instrument to be his voluntary act and deed and the voluntary act and deed. ofyet:he corporation by it voluntarily executed. Notary Public in and f_or- t-�he;: : State of Ic a Powers s NEWBROUGH,JOHNSTON, BREWER,MADDUX &NADLER AMES.IOWA BOOK PAGE / L f1 Air rm`t �:� •51 �'.1;• its / ii I i i i I I ' Ll0p'� � l