HomeMy WebLinkAboutA006 - Subdivision Sidewalk Bond dated June 1, 1992 SUBDIVISION SIDEWALK BOND
STONEBROOK THIRD SUBDIVISION
WHEREAS, construction of sidewalks in the Stone Brook Third
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 Frank W. Allen and Erb Hunziker personally are hereby held and
firmly bound as obligors unto the obligee City of Ames, Iowa, in the
penal sum of Eight Thousand .Dollars ($8,000) 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.
FRANK W. ALLEN
PRrL. /
ERB NZIKER
PRINCIPAL
STATE OF IOWA, STORY COUNTY, ss:
On this / '�t day of 19_?, before me,
the undersigned, a notary public in a for the State of Iowa personally
appeared � a _ �. and Ph,�9' °z to me
known to be the identical persons named in and who executed the fore-
going instrument, and acknowledged that they executed the same as their
voluntary act and deed.
4M" �///KJ
No a y Public in and for the
St'ate of Iowa