HomeMy WebLinkAboutA009 - Agreement for Public Improvements dated August 23, 2010 1' 9
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g Instrument:2010- 00009001
M Date:Sea 20►2010 12:48:12P
rn Q D Rec Fee: 10.00 E-Coe Fee: 3.00
l� Aud Fee: .00 Trans Tax: .00
Rey_ Management Fee: 1.00
Q Won-Standard Page Fee: .00
Ec D Filed for record in Story County, Iowa
Susan L. Vande Kama► County Recorder
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INSTRUMENT PREPARED BY: David W.Benson, 1416 Buckeye Ave.,Ste.200,Ames,IA 50010(515)956-3900
RETURN To: David W.Benson, 1416 Buckeye Ave.,Ste.200,Ames,IA 50010(515)956-3900
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement are UTHE DEVELOPMENT COMPANY, L.L.C. (the
"Owners") and the CITY OF AMES,IOWA(the"C�i ff
WHEREAS, the Owners are in the process of platting real estate to be known as
NORTHRIDGE HEIGHTS SUBDIVISION TENTH ADDITION,AMES,STORY COUNTY,
IOWA; and
WHEREAS,the Owners are required to construct certain improvements and utilities within
the real estate,to-wit:. final surface of asphalt paving, erosion control and street lighting.
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
$91,350.00 conditioned upon the completion of the improvements and utilities as required by the
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City for said subdivision on or before the 11PI day of ,L
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
letter of credit.
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 letter of
credit shall be released.
Dated this 0�day of August, 2010.
UTHE)DEVELOPMENT COMPANY, L.L.C.
By:
Aean
E. Winkleblack, Manager
By:
Hunziker, M ger
STATE OF IOWA, STORY COUNTY, SS: nn��
This instrument was acknowledged before me on thisG�J day of August,2010,by Charles E.
Winkleblack and Dean E. Hunziker as Managers of Uthe Development Company, L.L.C.
DAJW SUNTI EN
Gb11ri1�MOf1 Numbw 747660
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Notary Public in and for the Statefzlf Ioakx
CITY OF AMES,IOWA
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By:
J Joiner '`� .,;z,, ��''• �»�,s���...
Director of Public Works *'
STATE OF IOWA, STORY COUNTY, SS:
This instrument was acknowledged before me on this L4 day of 47 2010, by John
Joiner as Director of Public Works for the City of Ames, Iowa.
lq-o't'ErY' Public in and for the State of Iowa
ZPPta�s� DIANE R. VOSS
COMMISSION##134019
* * MY COMMISSION EXPIRES
IOWA
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