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HomeMy WebLinkAboutA011 - Letter dated November 1, 2001 certifying receipt of Letter of Credit with correspondence - $13,200 - CityClerk's Office 515 Clark Avenue, P.O. Box 811 Ames, IA 50010 Caring People Phone: 515-239-5105 Quality Prograrns Fviceptional Smite Fax: 515-239-5142 November 1, 2001 TO WHOM IT MAY CONCERN: I, Diane Voss,hereby certify that I have this date received from Firstar Bank, on behalf of Hunziker Development Co., L.C., a Letter of Credit in the amount of$13,200. Said instrument has been placed on file in the Ames City Clerk's Office, 515 Clark Avenue, for the completion of public improvements, i.e., ACC surface ($5,000) and street lights ($8,200) in the t T;11 a ri u. �i xsion, its rio�n, k ity of Ames, Iowa. l ' By: Diane Voss Title: City Clerk w City Clerk's Office CaringPraple Quality Programs , EraptimwiSavia { OrT 2 3 001 tl CITY CLERK e16YCm AMES,ECVJA TO: City Clerk's Office FROM: ....JONAI -jowel2 , Public Works Department DATE: D C7-Co 6 g 23, ZDD ( SUBJECT: Required Security for Subdivision A bond* in the amount of$ 13, 0669 is required for the A/u-SI Ls E 7 rN Subdivision. The bond will secure acceptable performance of the following public improvements: Improvement Amount f1�C. 5✓R-r1geE $ SODO S-r eas-r I-1 14rs $ gZ00 $ $ $ $ /dry *Bond: Any form of security including a letter of credit, a cash deposit, surety bond, collateral, property or instrument of credit in an amount and form satisfactory to the City Council. s John C Joiner To: Diane R Voss/COA@COA, chuck.winkleblack@hunziker.com AIM--� 10/23/2001 08:23 AM cc: Art L Barton/COA@COA, Eric C Jensen/COA@COA Subject: Hillside 7th Public Improvements I spoke with Art and the inspector(John Bartleson)this morning. The ACC base should be completed by 9:30 this morning, so Art can certify the items requested by Chuck. The total bond amount will be$13,200 as detailed in my previous memo. Chuck- please note on future subdivisions,where more significant improvements are being bonded for, that an amount will be required for inspection/administration. Paul has set this amount to generally be 8% of the total remaining improvements. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA John C. Joiner, P.E. City of Ames Public Works Dept. 515 Clark Avenue Ames, Iowa 50010 Desk 515-239-5165 Fax 515-239-5404 -----Forwarded by John C Joiner/COA on 10/23/2001 08:08 AM----- John C Joiner To: Art L Barton/COA@COA 10/22/2001 03:27 PM cc: chuck.winkleblack@hunziker.com, Diane R Voss/COA@COA, Eric C Jensen/COA@COA Subject: Hillside 7th Public Improvements Chuck Winkleblack called about certifying completed improvements and required bonding. He said the water, storm, sanitary, curb, and ACC base were ready to be certified. He said he would then bond for the ACC surface and street lights. The amount for these two items would be$5000 and $8200, respectively. Bonding for inspection would not be necessary because the cost associated with these two items is negligible. Sidewalk would be under separate agreement not requiring financial security. Please look into this ASAP to see if you can certify these items. I need to call Chuck back 10-23-01 in the A.M. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA John C. Joiner, P.E. City of Ames Public Works Dept. 515 Clark Avenue Ames, Iowa 50010 Desk 515-239-5165 Fax 515-239-5404