HomeMy WebLinkAboutA013 - Public Improvements Agreement dated January 13, 1987 PUBLIC IMPROVEMENTS AGREEMENT
KNOW ALL PERSONS BY THESE PRESENTS:
This Agreement, made and entered into this 13th day of
January , 19 87 , between Wildflower, A Partnership,
Ames, Iowa (Wildflower) and the City of Ames, Iowa (Ames) ,
witnesseth:
WHEREAS, Wildflower is in the process of platting a
subdivision to Ames, Iowa, to be known as Wildflower Subdivision
of the City of Ames, Iowa, and
WHEREAS, Wildflower is required to complete construction
of sanitary. sewer, water, gas and electric utility lines, water
mains and hydrant, and to complete construction of the public
road "Wildflower Drive" and install street lights and signs, and
to pay reasonable engineering and inspection fees for the afore-
said public improvements, all as a part of the platting procedure
and in compliance with the platting ordinances of the City of Ames,
Iowa, and
WHEREAS, Wildflower has partially completed the said
public improvements and has yet remaining the following improve-
ments to be completed:
Final coat, street $2, 600
Street lights 1, 500
Street sign 200
Sidewalk 2, 500
$6, 800
THEREFORE, in consideration of the premises, it is agreed
that Wildflower shall deposit with Ames a certified check in the
amount of $6, 800, to be retained by Ames subject to the completion
of the said improvements, all as is required by the ordinances of
the City of Ames, Iowa.
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IT IS FURTHER AGREED that Ames reserves the right to
complete the said improvements in the event Wildflower fails to
do so as herein agreed, and to in such event cover the cost there-
of with the said certified check.
IT IS FURTHER AGREED that upon the satisfactory completion
of said improvements and payment of all engineering and other fees
therefor, the certified check shall be released to Wildflower.
IT IS FURTHER AGREED that said improvements shall be
completed by Wildflower within six months from the date of the
acceptance of the final plat by Ames.
Executed in triplicate the date above written.
WILDFLOWER, artnership
By
C. A. Pas y, Par ner
By
David A. Block, Partner
CITY OF AMES, IOWA
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