HomeMy WebLinkAboutA008 - Agreement for Public Improvements dated May 12, 2016 instrument:2rji6- rj0rjir7i
M Date:Jul 14?2016 12=24 33P
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n Filed for record in Story fountu, Iowa
Stacie L. Herridger Comb Recorder
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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 for Public Improvements are HUNZIKER, CHRISTY,
SHIRK BUILDERS, INC. (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 DOTSON
DRIVE DEVELOPMENT SUBDIVISION, 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),subgrade preparation,sewers and drains,water
mains and appurtenances, sanitary and storm sewers, curbs, gutters, street paving, street lighting,
sidewalks, shared use paths, and site work and landscaping.
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 TWO
HUNDRED FORTY-NINE THOUSAND FIVE HUNDRED SEVENTY-SEVEN DOLLARS and
00/100 ($249,577.00) conditioned upon the completion of the improvements and utilities as
required by the City for said subdivision on or before the day of , 201q.
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 1,,2-' day of May, 2016.
HUNZIKER,CHRISTY, SHIRK BUILDERS, INC.
By: 0 6 U'W�'
Charles E. Winkleblack, Vice President
STATE OF IOWA, STORY COUNTY, SS:
This record was acknowledged before me on this � y of May, 2016, by Charles E.
Winkleblack, as the Vice President of Hunziker, Christy, Shirk Builders, Inc.
JENNIFER KAPAt"N L .�
Commission Number 783061
My m ion Expires Nota P i nand or the State of Iowa
My Comm' on expires
CITY OF AMES,IOWA
J n Joiner
irector of Public Works