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HomeMy WebLinkAboutA009 - Agreement for Public Improvements dated July 16, 2004 Instrument Prepared By: Deborah S. Krauth, 1416 Buckeye, Ste. 200, Ames,IA 50010; 515-232-3921 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 "City." WHEREAS, the Owners are in the process of platting real estate to be known as Somerset Subdivision Seventeenth Addition, Ames, Story County, Iowa; and WHEREAS,the Owners are required to construct certain improvements and utilities within the real estate, to wit: paving and street lights. 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 $237,927.00 for paving and $17,000.00 for street lights conditional upon the completion of the improvements and utilities as required by the City for said subdivision on or before July 16, 2005. 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. 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. Dated this f& day of T(-t /C�1 , 2004. ERBEN HUNZIKER AND MARGARET HUNZIKER DEVELOPM/E , L.L.C. Ey: Den E. Hunziker, Mana er STATE OF IOWA, STORY COUNTY, ss: On this� J day of — . ,2004,before me,Notary Public in and for the State of Iowa, personally appeared Dean 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 voluntari cuted. �PQ,{AC S� [C-C( TACIE L. COOMES z MMISSION NO. 164402 COMMISSION EXPIRES Notary Public in and for the State of Iowa �OWA3 -d-3 - 6� D & FURMa pA,N�,�jLnnL.C. Y B R • 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: On this 13 day of a4,41 2004,before me,Notary Public in and for the State of Iowa, personally appeared Dona d 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. ��nc STACIE L. COOMES zPgCOMMISSION`� NO. 164402 MY COMMISSION EXPIRES 3 - —v Notary Public in and for the State of Iowa R. FRIEDRICH& SONS,INC. v By: ' einhard K. Frie n , P ident By: Rolleri K. Friedrich, J ., Vice President STATE OF IOWA, COUNTY OF STORY, ss: On this Ili day of T(,t ,2004,before me,the undersigned,a Notary Public in and for the state of Iowa,personally a eared 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. OAL s STACIE L. COOMES COMMISSION NO. 164402 Notary Public in and for the State of Iowa MY COMMISSION EXPIRES ,own 3 -.-u -0') 3 CITY OF AMES, IOWA By: Paul Wiegand Director of Public Works STATE OF IOWA, STORY COUNTY ss: On this n-1—t"*f day of &401—z� , 2004, before me, a Notary Public in and for the State of Iowa,personally appeared(Paul 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�ity Council as contai d in Resolution No. b'�-33c1 adopted by the City Council on the 10 day of�L�S 2004,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. Q,\AL.S, DIANE WILHELM-JOHNSON Notary Public in and fort State of Iowa o � COMMISSION#147508 • * MY COMMISSION p(PIRES /OWA L:\_TRANSITIONAL\HUNZIKER_ENTITIES\SOMERSET\SEVENTEENTH ADMIONTUBLIC AIPROVEMENT AGREEIvffiNT.DOC 4