HomeMy WebLinkAboutA012 - Agreement for Public Improvements ! ' Instrument: 200400007262
Date: 06-04-2004 Time: 09:51:56 an.
Rec Fee: 11,00 E—Com Fee: 5.00
Aud Fee: .00 Trans Tax: .00
Filed for Record in STORY COUNTY IOWA
M SUSAN L. VANDE KAMP,COUNTY RECORDER
D
IV
RETURN To .-
Prepared by:David D.Nelson,213 N.Ankeny Blvd., Ste. 100,Ankeny,IA 50021 (515)964-3633
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement, made pursuant to Section 23.304,Ames Municipal
Code, are WILLIAM C. KNAPP, TRUSTEE OF THE WILLIAM C. KNAPP
REVOCABLE TRUST, hereinafter referred to as "Owner", and the CITY OF AMES,
IOWA,hereinafter referred to as "City".
WHEREAS, the Owners are in the process of platting a subdivision of real estate
to be known as Bloomington Heights Plat 11, Ames, Story County, Iowa; and
WHEREAS,the Owners are required to construct certain improvements and
utilities within the real estate, to wit: second layer of 2"asphalt paving for streets,but not
later than the June 1, 2005 and, to pay reasonable engineering and inspection fees
therefore, all as part of the platting procedure of the City.
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$5,615.00 conditioned upon the completion of the said improvements and
utilities,by the said date, as required by the City for said Subdivision, in accordance with
plans and specifications on file with the City's engineers and by this reference made a
part of this agreement.
IT IS FURTHER AGREED that City reserves the right to construct said
improvements and utilities in the event Owners fail to do so as herein agreed, and to
cover the costs thereof with the surety bond, letter of credit or the certified check, as the
case may be.
RECEIVED
MAY 1 9 2004
CITY OF AMES, IOWA
1 DEPT OF PLANNING &HOUSING
Instru
nt
* 200400007262
IT IS FURTHER AGREED that upon satisfactory completion of the said improvements
and utilities, including the paying of reasonable engineering and inspection fees
therefore, 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.
DATED this day of MGi , 2004.
OWNERS CITY OF AMES, IOWA
William C.Ida ev able Trust
By: By:
Iv
it rustee Paul Wiegand
Director of Public Works
I:KnappProperties/Bloomington/publ icimprovagmt
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