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HomeMy WebLinkAboutA005 - Agreement for Public Improvements dated December 20, 2002 F. - F 03 - 01334 INST.NO. STORY COUNTY,IOWA FILED FOR RECORD O� JAN 22 2003 PM SUSAN L,VANDE MAP,Racorder.01) Instrument Prepared By: Deborah S. Krauth, 1416 Buckeye, Ste. 200, Ames, IA 50010; 515-232-3921 !y U � AGREEMENT FOR PUBLIC IMPROVEMENTS The parties to this Agreement are ERBEN HUNZIKER AND MARGARET HUNZIKER DEVELOPMENT, L.L.C.; D & R FURMAN, L.L.C.; and R. FRIEDRICH & SONS, INC., hereinafter referred to as "Owners," and the CITY OF AMES, IOWA, hereinafter referred to as "Cit " Y• WHEREAS, the Owners are in the process of platting real estate to be known as Somerset Subdivision Twelfth Addition, Ames, Story County, Iowa; and WHEREAS,the Owners are required to construct certain improvements and utilities within the real estate, to wit: street lights, asphalt surfacing and bike path. NOW, THEREFORE, in consideration of the premises, it is hereby agreed that the Owners shall deposit with the City a surety bond, letter of credit or certified check in the amount of $83,500.00 conditional upon the completion of the improvements and utilities as required by the City for said subdivision on or before December 20, 2003. IT IS FURTHER AGREED that City reserves the right to construct said improvements and utilities in the event Owners fail to do so herein agreed,and to cover the costs thereof with the surety bond or the certified check, as the case may be. 44fi' y IT IS FURTHER AGREED that upon satisfactory completion of the said improvements and utilities, including the paying of reasonable engineering and inspection fees therefor,the bond shall be released and the bondsman exonerated,the letter of credit released or the certified check shall be returned to Owners, as the case may be. 1^ Dated this 26 day of ®leC-2 , 2002. ERBEN HUNZIKER AND MARGARET HUNZIKER DEVELOPMENT, L.L.C. By. De n E. Hunziker,'MiMager STATE OF IOWA, STORY COUNTY, ss: On this ,-�() day of 4�V-L' ,2002,before me,Notary Public in and for the State of Iowa, personally appeared Dean E. Hunziker, to me personally known, who being by me duly sworn did say that that person is a Member of said limited liability company and that said instrument was signed on behalf of the said limited liability company by authority of its managers and the said Erben A. Hunziker acknowledged the execution of said instrument to be the voluntary act and deed of said limited liability company by it voluntarily executed. Notary Public in and for the St e of Iowa D &R F AN, L.L.C�. ���Z C�%�'VJ �� REBECCA CRAWF®RD By: °� : � Commission Number 704627 Commission Expires Donald M. Furman, as Co-Trustee of the Donald and Ruth Furman Revocable Trust Dated March 1, 1991, Member 2 STATE OF IOWA, STORY COUNTY, ss: hn On this aU day of D-t_ ,2002,before me,Notary Public in and for the State of Iowa, personally appeared Donald M. Furman, Co-Trustee, to me personally known,who being by me duly sworn did say that that person is a Member of said limited liability company and that said instrument was signed on behalf of the said limited liability company by authority of its managers and the said Donald M. Furman acknowledged the execution of said instrument to be the voluntary act and deed of said limited liability company by it voluntarily executed. C' j-&Id— Notary Public in and for the Stat0of Iowa R. FRIEDRICH & SONS, INC. , REBECCA CRAWFORD Commission Number 704627 � mmission Expires owe � .- By: mhard K. Friednc , Pre dent By: _ Z'5&A 11 Ro ert K. Friedrich r., Vice President STATE OF IOWA, COUNTY OF STORY, ss: On this 2 o day of (�2�=���� ,2002,before me,the undersigned,a Notary Public in and for the state of Iowa,personally appeared Reinhard K.Friedrich and Robert K.Friedrich,Jr.,to me personally known, who being by me duly sworn, did say that they are the President and Vice President of the corporation,respectively,executing the within and foregoing instrument;that no seal has been procured by the corporation;that said instrument was signed on behalf of the corporation by authority of its Board of Directors; and that Reinhard K. Friedrich and Robert K. Friedrich, Jr., as officers,acknowledged the execution of the foregoing instrument to be the voluntary act and deed of the corporation, by it and by them voluntarily executed. OULU, Notary Public in and for the Sta e of Iowa REBECCA CRAWFORD �� Commission Number 704627 y Commission Expires 3 CI�'Y OF�NfES, IOWA Paul Wiegand r- t &thr of Public Works J ;I 'tC,yyQyi a4 hp1 YLL RtP k `' �-�TA kTORY COUNTY ss: On t'lris" day ofj- areWdPaul , 2001, before me, a Notary Public in and for the State of Iowa,personally ap Wiegand,to me personally known, and,who,being by me duly sworn, did say that he is Director of Public Works of the City of Ames, Iowa; that the seal affixed to the foregoing instrument is the corporate seal of the corporation, and that the instrument was signed and sealed on behalf of the corporation,by authority of its City Council, as contained in Resolution No. 03�(� adopted by the City Council on the �{ ' day of !aw-t(to F( , 2003,and that Paul Wiegand acknowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the corporation, by it voluntarily executed. PaAL DIANE WILHELM-JOHNSON J � COMMISSION#147508 Notary Public in and for the St fe of Iowa MY COMMISSION EXPIRES IOWA -7- Q4-' PADSKRAUTMSOMERSFATWELFTH ADDITIONTUBLIC IMPROVEMENT AGREEMENT.DOC 4