HomeMy WebLinkAboutA013 - Subdivision Bond No. 54-37744 dated June 2, 1988 1 , j-fim f kv2;/zt-,- L ` - ,S-A, r n�
Bond No. 54- 37744
UNITED FIRE . & CASUALTY COMPANY
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CEDAR RAPIDS, IOWA
IA STOCK COMPANY)
S.UBDIV.ISION BOND
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KNOW ALL MEN BY THESE PRESENTS, That we, Stone Brooke Partnership
of Ames, 1A
(hereinafter called Principal) , and the UNITED
FIRE & CASUALTY COMPANY, an Iowa Corporation of Cedar .Rapids, Iowa
(hereinafter called Surety) , are held and firmly bound unto the
City of Ames, IA
as Obligee in the penal sum of $ Three Thousand,
Six Hundred and. no/100 ($ 3,600.00
Dollars lawful money of -the United States of America, for the pay-
ment of which whereof, ..well and- truly to be 'made, the said Prin-
cipal binds themselves, their heirs, executors and administrators,
- - successors and assigns, -and- the Surety binds itself, its successdrs -
and assig
ns, jointly and severally., firmly by these presents.
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WHEREAS, the above bounden, Stone Brooke Partn.erhip
4` Yfr'e %�MA f22E LtAeiff of a certain subdivision known as'
NOW, THEREFORE, if the above bounden, Stone Brooke Partnership
shall construct 8creeU surTacing
and pay a reasonable inspection fee therefore.,
all as a part of the platting ordinance of the city of Ames, IA
, all of which to be completed within two (2)
years from the date of acceptance of the final . plat then this ob-
ligation to be null and void; otherwise to be and— remain in full
force and effect.
It is understood and agreed, however, that the liability of the
Surety hereunder shall not exceed (.1) the penal . sum hereof, or
(2-) the actual -cost--unto .the - - City -of Ames, IFS_ _
for the completing such specified improvements, should such costs
be less than the penal sum hereof.
Dated at Ames, IA
19 SS• , this 2nd day of June
Stone BrooPt _Partners UNITED FIRE & CASUALTY:COMPANY
BY
/ BY
(Vri "cipa ) Attorney-in-Fact
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