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Home My WebLink AboutA029 - Facsimile Transmittal Sheet dated August 24, 2005 regarding Letter of Credit for Lincoln Way/Dotson Public Works De artment Engineering Division 515 Clark Avenue, Ames, Iowa 50010 Caring People ; Quality Programs 24 2006 Phone 515-239-5165 Fax 515-239--526I Eaeptional service S-04 tII CL CE1�u' l �nery„Vc nnn;_c� �nenrn FACSIMILE TRANSMITTAL SHEET TO: FROM: J U John C.Joiner,P.E. COMPANY: DATE: FAX NUMBER: TOTAL NO.OF PAGES INCLUDING COVER PHONE NUMBER: CC: RE: ❑ URGENT ❑FOR REVIEW ❑ PLEASE COMMENT ❑ PLEASE REPLY . COMMENTS: J — �f ,5 G®(f- r-09 7-aP S jMrEVSE'C_"f0A1 WAS, Sv3MtT7 t 4 ttV1 bWM TEAM tS 2 raC5•• 4AIL C0&r1A(t;X-6W R-G 1(oc f (t�I,��.®�'E1� T� rp-� C��t�LE�• / � U� tfi(G L u�� 7-l-� , t RETURN" TO: p 1 1 1 *3 09 INST.NO. STORY COUNTY,IOWA 1 AMES CITY CLERK RILED FOR RECORD 1� BO% 811 AMES IOWA- 50010 D AV M AUG 17 2001 PM / SUSAN L VANDE KAMP,Recorder30"'_ ` f1W.ME 82(2�U0.FEE$ DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER Prepared"by: John R.Klaus,City of Ames Legal Department,515'Clark Avenue,Ames,Iowa 50010(Phone: 515-230-5146) Address Tax Statement To:Terra Firma,L.P.,207 Stanton Avenue,Ames,Iowa 50014 MEMORANDUM OF AGREEMENT SOUTH FORK SUBDIVISION AMES,IOWA An Agreement between the City ofAmes,Iowa,and Terra Firma,L.P.,to be a covenant runniniz with . land described as set out on Appendix A attached hereto was made and entered into effective the I�{ :day of�,2001. However,this Agreement shall not be binding with respect to any officially platted lot for which a City building permit has been issued. The said agreement was made with respect to public improvements required by the City of Ames as a condition to approval of a plat of subdivision of the above described land per Section 354.8 Code of Iowa. Said agreement is on file in the office of the City Clerk of the City of Ames,Iowa. CITY OF S, A STATE OF IOWA,STORY COUNTY ss: On this_ft f day of 145-f-,2001,before me,a Notary ,. -•P?:: �'�'``' Public in and for the State of Iowa,personally appeared Ted Tedesco BX. `. ' °' and Diane R.Voss,to me personally known,and,who,being by me z d'T-e sc'051aayor duly sworn, did say that they are the Mayor and City Clerk, respectively,of the City of Ames,Iowa;that the seal affixed to the foregoing instrument is the corporate seal of the corporation,and Attes:b, - that the instrument was signed.and sealed on behalf of the ". -corporation, by authority of its City Council, as contained in V6ss;C 'Clerki _ ... � Resolution No.@ I -.'�7(n adopted by the City Council on the ..•x'°"", ` " �+ ' ��f day of 1A�01,and that Ted Tedesco "Y•rs r �,, and Diane R.Voss aAnowledged the execution of the instrument to be their voluntary act and deed and the voluntary act and deed of the y corporation,by it voluntarily executed. �a��c� JILL L. RIPPERGER , n COMMISSION# 146549 y Notary.Public in and . .Sto ouri'ty;Iowa MY COMMISSION EXPIRES Iowa TERRA FIRMA,L.P. STATE OF IOyVA,STORY CO TY ss: By Ev Cochrane&Associates, Inc. on this /d day of t•57720o1:;-pefDfe he undersigned,a Notary Public in and for the.Stafe'ofIowa;personally, General Partner appeared Everett W. Cochrane,III,tog iiepersonally"known,wlto " being by"me duly swom did say that-19As the_Vicb President of Ev. 1 Cochrane&Associates,Inc.,the General,:P.ai�ndi bf Terra"Firma, // L.P., an Iowa limited partnership,.r,,ezecutirig Ahe,'foregoing By: '� v Y �^( instrument, that the instrument was•,signed.on."behalf of ftie Everett W. Cochrane, III corporation as Genera]Partner of Terra`Firma LP.;"an Iowa limited •. . Bo partnership,by authority of the corporations's ar8.bf Directors;. dP and that Everett W. Cochrane, III, as that,officer, acknowledge execution of the instrument to be the voluntary aci and_:deed of the corporation and.limited "`"rP partne it and '`'the officer voluntarily executed. " Sca 1 0 2001 CITY OF AMEI S,IOWA Notary Public in and r Story County,Iowa 0EPT.OF PLANNING&HOUSING South Fork Memorandum of Agreement-081001 2. The Developer shall, with respect to all streets as shown on Appendix A, construct all street improvements and street appurtenances in accordance with the requirements and specifications of the City,at no cost or charge to the City. That work shall be completed in accordance with the schedule set by the City at the time of approval of the final plat for the Phase of Development in which the street improvement is included or on which such street improvement abuts,unless another time for construction of such improvements is herein specified. 3. The Developer shall pay 50% of the costs, and the City shall pay 50% of the costs to construct, erect, and install the left turn lane improvements as specified by the City at the intersection of Lincoln Way and Franklin Avenue. The construction of those left turn lane improvements shall be done and completed to the satisfaction of the City at such time as when traffic volumes warrant to attain Institute of Traffic Engineer's"service level c",or when a final plat is sought for apart of the site not in Phase One,east of Dotson Drive and not abutting on Dotson Drive,whichever occurs first. The Developer shall bond for the completion of that work in accordance with the subdivision regulations of the City,as a condition of approval of the final plat of Phase Two. If the cost to the City of its share is estimated by the City to be more than fifty thousand dollars($50,000),the work shall be contracted by the City and the Developer shall deposit its share with the City based on the City's cost estimate before the contract is awarded. If actual cost is more than the amount deposited, the Developer shall pay the City the additional amount required to cover actual costs. If actual costs are less than the amount deposited,the City shall refund the difference. The Developer shall pay 50% of the costs, and the City shall pay 50% of the costs to construct the improvements specified for a left turn storage lane and traffic control signals at the intersection of Lincoln Way and Dotson Drive. Construction of those left turn storage lanes shall be done and completed to the satisfaction of the City at such time as when traffic volumes warrant,to attain Institute of Traffic Engineer's"service level c",or when the cumulative land area of all approved 5 p final plats pertaining to the Site (exclusive of any plat made prior to the date of this agreement), is greater than 50%of the land area of the Site,whichever occurs first. The Developer shall bond for the completion of that work in accordance with the subdivision regulations of the City.: If the cost to the City of its share is estimated by the City to be more than fifty thousand dollars($50,000),the work shall be contracted by the City and the developer shall deposit its share with the City based on the City's cost estimate,before the contract is awarded. If actual cost is more than the amount deposited,the Developer shall pay the City the additional amount required to cover actual costs. If actual costs are less than the amount deposited, the City shall refund the difference. C. Water Main Improvements. 1. The Developer shall grant to the City, without charge, easements in a form acceptable to the City for installation of water mains on the Site as shown on the City approved preliminary plat for the Site. 2. Developer shall install all water mains as specified for the Site by the City, at the sole cost and expense of the Developer,including extension of existing 6-inch perimeter lines with eight inch diameter mains at no cost or charge to the City. 3. The Developer shall pay a water main tapping fee to the City with respect to the water main that has been installed by the City on Dotson Drive. This water main tapping fee shall be paid by Developer at the time of the final plat of each Phase of Development of the Site that abuts on a segment of Dotson Drive,or the Developer can make payment of the tapping fee in total at one time. The amount of the tapping fee shall be as set by the City at the time that payment is made or due to be made.. 4. For water mains specified by the City to exceed eight inches in diameter,the City shall reimburse that portion of the cost attributable to the diameter exceeding eight inches. However, if that cost to the City is more than the statutory amount for public bidding, the City shall award a A(9205. vg. q- PRELIMINARY OPINION OF PROBABLE CON: TRUCTION COSTS Prepared By: City of Ames Staff Project: Lincoln Way Widening at Dotson and Left Turn Lane Addition on Dotson Dotson at Lin oln Way Date: 08121/2003 Revised: 09/02/2003 UNIT TOTAL REF.NO. ITEM UNITS QUANTITY PRICE PRICE 1 Remove and Install Traffic Signals LS 1 $150,000,00 $150,000 2 Remove Sidewalk SF 560 $2.00 $1,120 3 Replace Sidewalk-4" SF 3,720 $4.50 $16,740 4 Saw—cut Curb and Gutter LF 1,370 $6.00 $8,220 5 Remove Curb and Gutter LF 1550 $10.00 $15,500.00 6 Paving-8"P.C.C. SY 1,470 $50.00 $73,500 7 Remove Paving SY 652 $8.00 $5,216 8 Remove Driveway SY 40 $10.00 $400 9 Re lace Driveway-6"Depth SY 40 $90.00 $3,600 10 Sub grade Prep-8" CY 330 $30.00 $9,900 11 Asphalt Overla -2" TON 765 $70.00 $53,550 12 Milling SY 7,015 $10.00 $70,150 13 Asphalt Bike ath-8'x 4'depth TON 10 $70.00 $700 14 Remove Bike path SF 400 $1.50 $600 15 Traffic Control LS 1 $15,000.00 $15,000 16 Seedin &Sod ACRE 1 $1,200.00 $1,200 17 Mobilization LS 1 $30,000.00 $30,000 18 Subdrain-4' LF 1000 $12.00 $12,000 19 Excavation Class 10 Roadway and Borrow CY 500 $11.00 $5,500 20 Fire Hydrant Removals EA 1 $400.00 $400 21 Fire Hydrant Replacement EA 1 $3,000.00 $3,000 22 Intakes Type M-C EA 4 $3,500.00 $14,000 23 Adjustment of Fixtures EA 4 $500.00 $2,000 24 24'Storm Sewer Pie Installed. LF 100 $75.00 $7,500 25 CONSTRUCTION 429,796 CONTINGENCY j5 0.15 $74,969 $7 ,969 SUBTOTAL $574,765 R.O.W.Ac uisition SF 0 $10 $0 R.O.W.Acquisition Services LS $0 Planning Engineering and Inspection LS $100,000 TOTAL $674,765