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HomeMy WebLinkAboutA006 - Subdivision Sidewalk Bond dated February 26, 1992 r SUBDIVISION SIDEWALK BOND VALLEY EAST IN THE CITY OF AMES, IOWA WHEREAS, construction of sidewalks in Valley East, in the City of Ames, by the subdivider is a condition for approval by the City of Ames of the said plat of the 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 Dayton Park, LTD. , an Iowa Limited Partnership, by Erben A. Hunziker and Dean E. Hunziker, General Partners for Dayton Park, LTD. ; and personally; and, as surety, are personally held and firmly bound as obligors unto the obligee City of Ames, Iowa, in the penal sum of $43,000.00 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 'th respect to lots in the said subdivision. Z"z Erb n A. Hunziker Te-'af E. Hunziker STATE OF IOWA ) ) ss. COUNTY OF STORY) Subscribed and sworn to before me by the said Erben A. Hunziker and Dean E. Hunziker this 06`' day of FO_b ru. 1992 . NOTARY PUBLIC .- STATE OF IOWA i +ppP\A'rF, CHPI I p�1%IL Y �il�'Ik L�•i\Le f.1 2 DAYTON P LTD. By De Hunziker, Geribral Partner By --.9 ErNglf A. Hunziker, Ger#ral Partner STATE OF IOWA ) es. COUNTY OF STORY) On this a6 ON day of rtbfuQ.m , 1992, before me, the undersigned, personally appeared Wan Hunziker and Erben A. Hunziker, to me known to be the identical persons named in and who executed the same as General Partners in Dayton Park LTD. and acknowledged that they executed the same as their voluntary act and deed. l�risk�►tQ A . t4t PrU(CQAV NOTARY PUBLIC - STATE OF IOWA gaa-' .