HomeMy WebLinkAboutA010 - Agreement for Public Improvements dated July 17, 2000 f
OOV INST.NO. 0 - 1 0 5 4 5
�--.� STORY COUNTY, IOWA r
FILED FOR RECORD �1
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SUSAN L.VANDE KAMP,R®corder tm
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Prepared by: Donald R. Payer,.535 Main, Ames, IA; telephone: 515-232-4115
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement, made pursuant to Section 23.304, Ames Municipal
Code, are Stone Brooke, L.L.C., hereinafter referred to as "Owners" and the CITY OF
AMES, IOWA, hereinafter referred to as "City".
WHEREAS, the Owners are in the process of platting a subdivision of real estate
to be known as Stone Brooke Subdivision Sixth Addition, Ames, Story County, Iowa; and
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WHEREAS, the Owners are required to construct certain improvements and
utilities within the real estate, to wit: Street construction of asphalt base and surface, and
street lights in the amount of $44,800.00, by not later than January 1, 2001 and, to pay
reasonable engineering and inspection fees therefor, all as part of the platting procedure
of the City.
NOW, THEREFORE, in consideration of the premises, it is hereby agreed that the
Owners shall deposit with the City a surety bond, letter of credit or certified check in the
amount of $44,800.00 conditioned upon the completion of the said improvements and
utilities, by the said date, as required by the City for said Subdivision, in accordance with
plans and specifications on file with the City's engineers and by this reference made a
part of this agreement.
IT IS FURTHER AGREED that City reserves the right to construct said
improvements and utilities in the event Owners fail to do so as herein agreed, and to
cover the costs thereof with the surety bond, letter of credit or certified check, as the case
may be.
IT IS FURTHER AGREED that upon satisfactory completion of the said
improvements and utilities, including the paying of reasonable engineering and inspection
fees therefor, the bond shall be released and the bondsman exonerated, the letter of
credit released or the certified check shall be returned to Owners, as the case may-be.`
DATED this 17th day of July, 2000.
OWNERS
STONE BROOKE, L.L.C. CITY OF AMES, IOWA'
Bill Allen, Manager Paul Wiegand
Director of Public Work
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2
STATE OF IOWA )
) ss.
COUNTY OF STORY )
On this 17th day of July, 2000, before me, the undersigned, a Notary Public in and
for the State of Iowa, personally appeared Bill Allen, to me personally known, who being
by me duly sworn or affirmed did say that he is the Manger of said Stone Brooke, L.L.C.,
and that said instrument was signed on behalf of the said Stone Brooke, L.L.C. by
authority of its Manager, and said Manager acknowledged the execution of said
instrument to be the voluntary act and deed of said Stone Brooke, L.L.C. by it voluntarily
executed.
Df1NALD Flo PAVER d a
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NOTARY PUBLIC—STP&t OF IOWA
STATE OF IOWA )
) ss.
COUNTY OF STORY )
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Subscribed and sworn to before me by the said Pit VVIEE3 this 17th day of
July, 2000.
Pp'A`'F DIANE WILHELM JOHNSON
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MY COMMISSION EXPIRES NOTARY PUBLIC— STATE WOWA
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