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HomeMy WebLinkAboutA006 - Subdivision Sidewalk Bond dated September 6, 1994 SUBDIVISION SIDEWALK BOND COUNTRY GABLES 8TH ADDITION c � WHEREAS,construction of sidewalks in the Country Gables 8th Addition to Ames,Iowa 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 Frank A. Schill and Jane E. Schill personally and as principals; and, Frank Schill & Sons, Inc., as corporate surety, are hereby held and firmly bound as obligors unto the obligee City of Ames,Iowa,in the penal sum of$13,500.00 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 a covenant to run with the land described as: Lots 1 through 13, Country Gables Eighth Addition to Ames, Iowa 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. A partial release shall be granted with respect to each lot for which the pertinent portion of the required sidewalk is constructed as aforesaid. 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. F A. SCHILL, PRINCIPAL J E. SCHILL, PRINCIPAL STATE OF IOWA, STORY COUNTY, ss: On this G day of 19-2!Z before.me, the undersigned, a notary public in and for the State of Iowa personally appeared Frank A. Schill and Jane E. Schill 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. Notary Public in and for the State of Iowa CAROLYN COE �t FRANK SCHILL & SONS, INC. Surety By President 7 By (")""' Se tary STATE OF IOWA, COUNTY OF ss. On this 6 day of September , 19 94 A.D. before me, the undersigned, a NOTARY PUBLIC in and for the STATE OF IOWA, personally appeared Frank A. Schill and Jane E. Schill to me personally known,who being by me duly sworn, did say that they are the President and Secretary ,respectively, of said corporation; (that no seal has been procured by said corporation) (the seal affixed hereto is the seal of said corporation). That said instrument was signed on behalf of said corporation by authority of its Board of Directors, and that said Frank A. Schill and Jane,E. Schill as such officers, acknowledged the execution of said instrument to be the voluntary act and deed of said corporation,by it and by them voluntarily executed. Notary Public in and for the State of Iowa 0 �0 `s., CAROLyN COE u;. 0"N LAW\Countryg.830