HomeMy WebLinkAboutA012 - Agreement for Public Improvements dated June 7, 2016 ka
Instrument:2016- 011006565
1 Date:Jul 14r201E 12:19:46P
6 v fie,_ Fee: 10-00 E-Com Fee: 1.00
o _ rind Fee: .00 Trans Tax: rjtj
Rec Y(arasement Fee: 1.00
Non-Standard Pase Fee: Ao
4. Filed for record in Story County, Iowa
o Stacie L. Herrid3e, County Recorder
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w INSTRUMENT PREPARED BY: Brian D.Torresi,2605 Northridge Pkw ., Ste. 101,Ames,IA 50010 515 288-2500
RETURN To: I Brian D.Torresi, 2605 Northridge Pkwy., Ste. 101,Ames,IA 50010
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement are HUNZIKER LAND 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 SUNSET
RIDGE SUBDIVISION SEVENTH ADDITION,AMES, STORY COUNTY,IOWA; and
WHEREAS,the Owner is required to construct certain improvements and utilities within the
real estate, to-wit: erosion control (COSESCO)and sidewalks.
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 thirteen
thousand seven hundred forty-eight dollars and 00/100 ($13,748.00) conditioned upon the
completion of the improvements and utilities as required by the City for said subdivision on or before
the 14 day of u 6/k!201 q
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.
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��ay of June, 2016.
HUNZIKER LAND DEVELOPMENT COMPANY, L.L.C.
By: \
De . Hunziker, Manager
By:
Charles E. Winkleblack, Manager
STATE OF IOWA, STORY COUNTY, SS:
This record was acknowledged before me on this Tay of June, 2016, by Dean E.
Hunziker and Charles E. Winkleblack, as the Managers of Hunziker Land Development Company,
L.L.C.
yet JENNIFER KAPAUN Q ��
Commisston Number 783061 Not i i and for the State of Iowa
Comm Expires
ission
My commission expires i� f
CITY OF AMES,IOWA
J hn Joiner
Director of Public Works
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