HomeMy WebLinkAboutA010 - Agreement for Public Improvements WInstrusent:2014- 00000915
n Date:Feb 03.2014 03:11:27P
D Rec Fee: 10.00 E-Con Fee: 1.00
6 Aud Fee: .00 Trans Tax: .00
Rec Manosevent Fee: 1.00
u Non-Standard Pose Fee: .00
d Filed for record in Story Countsy Iowa
F oco
. Susan L. Vande KawR► County Recorder
o
�W �
TN W
R�y
INSTRUMENT PREPARED BY: Brian D.Torresi,2605 Northridge Pkwy., Ste. 101,Ames,IA 50010 515 288-2500
RETURN To: Brian D.Torresi,2605 Northridge Pkwy., Ste. 101,Ames,IA 50010 7771
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement are UTHE DEVELOPMENT COMPANY, L.L.C. (the
"Owner") and the CITY OF AMES, IOWA (the"City").
WHEREAS, the Owner is in the process of platting real estate to be known as
NORTHRIDGE HEIGHTS SUBDIVISION SIXTEENTH ADDITION, AMES, STORY
COUNTY,IOWA; and
WHEREAS;the Owner is required to construct certain improvements and utilities within the
real estate, to-wit: street lights, erosion control, and top lift of asphalt.
NOW, THEREFORE, in consideration of the premises, it is hereby agreed that the Owner
shall deposit with the City a surety bond, letter of credit, or certified check in the amount of
$66,465.00 conditioned upon the completion of the improvements and utilities as required by the
City for said subdivision on or before the X, day of 206.
IT IS FURTHER AGREED that City reserves the right to construct said improvements and
utilities in the event Owner fails to do so as herein agreed, and to cover the costs thereof with the
letter of credit.
aF
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/— day of January, 2014.
UTHE DEVELOPMENT COMPANY,L.L.C.
By:
Dea E. Hunziker, MaAger
By: & 4e
Charles E. Winkleblack, Manager
STATE OF IOWA, STORY COUNTY, SS:
This record was acknowledged before me on thisoldday of January, 2014, by Dean E.
Hunziker and Charles E. Winkleblack, as the Managers of Uthe Development Company, L.L.C.
L 0. DIANNE SUNTKEN Yl I Li
T.C00" "ob°r 747650 Notary Public in and for the State of Iowa
°w l' .��.E`l rMes My commission expires o
CITY OF AMES,IOWA
By: L
J n Joiner
Director of Public Works
A �