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HomeMy WebLinkAboutA012 - Subdivision Sidewalk Bond dated April 30, 1991 SUBDIVISION SIDEWALK BOND STONEBROOK 4TH SUBDIVISION WHEREAS, construction of sidewalks in the Stonebrook 4th 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 Erb Hunziker and Bill Allen personally and as principals; and, Stonebrook Partners, as 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 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. �C Er nziker, rincip ,I (Bill Allen, Principal STATE OF IOWA, STORY COUNTY, ss: On this 00.2 zb -day .of 19 9/ , before me, the undersigned, a notary public in an for the State of Iowa personally appeared Erb Hunziker, and Bill Allen 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. LADOI4l+I'L.ALLEN MY COMMISSION EXPIRES Notary Public in and for the to P �`-a�-�'� State of Iowa Stonebrook Partners Surety By P&Rfler APPROVED AS TO FORM ILU BY , By John R. Klaus Partner City Attornev STATE OF IOWA ss: COUNTY OF STORY On this day of 19 9/, before me, the undersigned, a Notary Public in -And for the State of Iowa, personally appeared to me personally knowfl, who being by me duly sworn, did say that the person is one of the partners of Stonebrook Partners, a partnership, and that the instrument was signed on behalf of the partnership by authority of the partners and the partner acknowledged the execution of the instrument to be the voluntary act and deed of the partnership by it and by the partner voluntarily executed. Notary Public in and for Story County, Iowa LADONPJA L ALLEN MY COMMISSION EXPIRES APPRO ED AS TO FORM BY John R. laus City Attornev