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HomeMy WebLinkAboutA009 - Covenant for Assessment of Costs of Sidewalk Improvements dated November 9, 2003 • -Eeturn to: JON H CHESTER p 3 - 2 3 6 9 � 54643 282M ST AMES IA 50010 INST.NO. STORY COUNTY,IOWA O� FILED FOR RECORD NOV 20 2003 u SUSAN L. ANDE KAMP,Recorder REC.FEE S2L-MAUD.FEES DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER PREPARED BY: JoN H.CBEsTER,54643 282-STREET,AMES,IowA 50010[PHONE: 515.597.3810] ARMSTRONG'S FOURTH ADDITION TO AMES,STORY COUNTY,IOWA COVENANT FOR ASSESSMENT OF COSTS OF SIDEWALK IMPROVEMENTS THIS COVENANT AND AGREEMENT is made effective the 9th day of November, 2003, by and between ARMSTRONG FAMILY LIMITED PARTNERSHIP, its successors and assigns (hereinafter called"Developer"),and THE CITY OF AMES,IOWA,(hereinafter called"City"). WITNESSETH THAT: The parties hereto have agreed and do agree as follows: l. This agreement is made for the purpose of meeting the subdivision regulations and plat approval requirements of the City with respect to Armstrong Fourth Addition to Ames, Story County,Iowa. It is understood and agreed that sidewalks are required as a condition of approval of the final plat of that subdivision. City may, by enacted motion of the City Council, order the installation of those sidewalks to meet the standards of the City. The title holder of record at such time shall install such sidewalks at it or their sole expense. The City shall have the right to bring suit against the title holder of record for specific performance of that obligation to install sidewalks. Additionally, or in the alternative, the City may award contracts for the construction of such sidewalks and assess the costs to all or any part of the land included in the said subdivision. 2. In anticipation of the possibility that the City may at some time deem it to be in the public interest to cause construction of sidewalks by means of city awarded contracts to be paid by special assessments to be levied against the lots in Armstrong's Fourth Addition, Developer does hereby covenant and agree that by execution of this instrument Developer, its successors and assigns, including purchasers of lots, and each of them, shall pay and are bound to pay to the City, the costs of the aforesaid improvements assessed to the lots in Armstrong's Subdivision, 4th Addition, by action of the governing body for the City, after notice of hearing as provided by Section 384.50 Code of Iowa,the provisions of Section 384.38 Code of Iowa notwithstanding. 3. Without affecting the forgoing waivers of rights,and other provisions and obligations of this agreement, it is understood and agreed that if and when the governing body of the City conducts a hearing on a proposed resolution of necessity to assess public improvement costs to land referred to in this agreement,the owners of such land may then appear before the governing body of the City and be heard. 4. Additionally, Developer, in consideration of the benefits derived from approval of the said plat of subdivision,receipt of which is hereby acknowledged,does covenant with the City that it will never,at any future time,sue the City,or any officer or employee of the City to challenge validity or enforceability of this agreement; or,to test the regularity of the proceedings or legality of the assessment procedure,to appeal the amount of the assessment,to enjoin,set aside,overturn, or reduce the amount of such assessments levied against the said land by the City. The foregoing provisions encumber the land that is platted as Armstrong's Subdivision,4th Addition, Ames, Story County, Iowa,more specifically described as: Parcel C of the south one-half of the Southeast Quarter of Section 14, Township 83 North, Range 24 West of the 5th P.M., City of Ames, Story County, Iowa, as surveyed by Robert L. Stumbo, Jr. in December, 1999 and filed in the office of the Story County Recorder in Slide 48, Page 1 AND a parcel described in a Warranty Deed filed on July 21,2000 in the office of the Story County Recorder at Instrument No.00-08187 as follows:Beginning at a point on the half section line 297 feet South of the Northwest corner of the South Half of the Southeast Quarter of Section 14, Township 83 North, Range 24 West of the 5th P.M., thence East 440 feet, thence South 99 feet,thence West 440 feet,thence North 99 feet to the place of beginning; the entire boundary is further more particularly described as follows: Commencing at the South Quarter Corner of said Section 14; thence N00°24'38"E, 512.57 feet long the west line of the Southeast Quarter of said Section 14;thence S89°35'22"E, 50.00 feet to a point on the easterly right of way line of U.S.Highway#69 said point being the Southwest Corner of said Parcel C and the point of beginning; thence N00°24'38"E, 413.81 feet along the east right of way line of U.S. Highway#69 to the Northwest Corner of said Parcel C;thence N89°l T05"W, 50.00 feet to a point on the west line of the Southeast Quarter of said Section 14; thence N00°24'38"E, 98.98 feet along said line; thence S89°17120"E, 439.83 feet; thence S00°23'20"W, 99.02 feet to the Northeast Corner of said Parcel C;thence S00°23'20"W,409.34 feet to the Southeast Corner of said Parcel C said point also being on the northerly right of way line of Crystal Street;thence N89°56'34"W,390.03 feet along said line to the point of beginning, containing 4.68 acres which includes 0.11 acres of existing public right of way. 5. This covenant and agreement shall be filed for record in the office of the Story County Recorder and all covenants, agreements, promises and representations herein stated shy be deemed to be covenants running with the land and shall endure and be binding on the paw hereto,their mortgagees,lien holders,successors and assigns,for a period of twenty-one(21)years from the date of the recording of these covenants, unless claims to continue any interest in dw covenants are filed as provided by law. The City shall have the right to file a claim to continue its interest in these covenants. 6. Invalidation of any of these covenants by judgment or court order shall in no way affect any of the other provisions,which shall remain in full force and effect. P . 7-.8 Executed by the respective signatories effective the date first above written. ARMSTRONG'S FOURTH ADDITION STATE OF IOWA,STORY COUNTY ss: TO AMES,STORY COUNTY,IOWA On this 9th day of November ,2003,before me, the undersigned,a Notary Public in and for the State of Iowa, personally appeared Margaret J.Armstrong,to me personally DEVELOPER known,who being by me duly sworn,did say that the person is one of the partners of Armstrong Family Limited Partnership,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 vo tary act and deed of the p rshi y it and by By: the p er v untazily exec t Margare J. Armstrong, General Partner VPublic in an for the tate of Iowa i JON H. CHESTER Iowa Notarial Seal Commission number 701387 • My Commission Expires JANUARY 26,2006 i I CITY OF A ES, IOW STATE OF IQWA,COUNTY OF ST RY,s On this / , day of 2003, before me, a Notary Public in and for the State of Iowa, personally appeared Ted Tedesco and Diane R.Voss,to me personally known,and,who,being by me duly sworn,did say B3' that they are the Mayor and City Clerk,respectively,of the Ted Te eSCO, Mayor 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 {�o /y �, � r,�/� n corporation,by authors of its City Council,as contained in By: `^"�� I 1 V.�/_`��J Resolution No. 0 3 adoptep by the Diane R. Voss, City Clerk Ci Council on the ° 4 - day of 'i z and that Ted Tedesco and Diane R. Voss 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. Notary Public in ancT for Stleof Iowa =p11AC"P111 JILL L. RIPPERGER COMMISSION# 146549 MY COMMISSION EXPIRES