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HomeMy WebLinkAboutA004 - Subdivision Sidewalk Bond dated November 16, 1995 SUBDIVISION SIDEWALK BOND CREEKSIDE-SUBDIVISION WHEREAS, construction of sidewalks in the Creekside 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 Grand Center Ltd.,is hereby held and firmly bound as obligor unto the obligee City of Ames,Iowa,in the penal sum of$6,638.00 for the payment of which sum,well and truly to be made,and does jointly and severally bind itself,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 s ' ^subdivision. PARTNER STATE OF IOWA, COUNTY OF STORY: SS On this_U tday of `�L,ct ti�.ti�'�Y::� 1 before me, the undersigned, a Notary Public in and for the State of Iowa,personally appeared 4, to me personally known,who being by me duly sworn, did say that the person is one of the partners of Grand Center Ldt., a partnership,and that the instrument was signed on behalf of the partnership by authority of the partners and the partner acknowledged the execution of the instrument to be the voluntary act and deed of the partnership by it and by the partner voluntarily executed. HILLARY A.HOWARD o m t MYOOtd Notary Publi in and for Story County, Iowa