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Home My WebLink AboutA009 - Receipt for Cash Security Bond ' RECEIPT — CITY CLERK'S OFFICE Date: 6/20/2016 Name G.W. Land Holdings, LLC Address 121 N. Russell Avenue City Ames, Iowa 50010 Description Amount Required Improvement Securities Crane Farm Subdivision, 15` Addition, as follows: Cash Security for Storm Water (Chapter 5B of Municipal Code) $ 10,000 Cash Security for Street Trees 7,000 Cash Security for Public Improvements - Pavement 887,200 Cash Security for Public Improvements - Utilities 457,475 Cash Security for Storm Water Management 254,625 Cash Security for Street Lighting 30,000 Cash Security for Erosion Control (COSESCO) 13,500 Cash Security for Sidewalks and Landscaping 73,275 1,733,075 Received by C(,G�I�J� ��/� Total I GW Land Holdings Crane Farm Project-Mortensen Road Bonding Estimates Ames,IAA;,-��.►h Collector Road Estimate-39' B-B Engineer' Estimate Line No. Description Unit Quantity Unit Price Amount PAVEMENT 1 MOBILIZATION LS 1 $95,000.00 $95,000.00 2 SUBGRADE PREPARATION, 12-IN SY 11280 $5.00 $56 400.00 3 SUBBASE, MODIFIED,6-IN SY 11280 $11.00 $124,080.00 4 SUBDRAIN, PERFORATED POLYETHELENE,6 IN. LF SY 46 10200 $53 00 $542,000.00 0.0 5 PAVEMENT, PCC,9 IN. ESTIMATED COST OPINION $887,200.00 ' UTILITIES 1 MOBILIZATION LS 1 $49 000.00 $49 000.00 2 SANITARY SEWER GRAVITY MAIN,TRENCHED, PVC, 8 IN, LF 175 $55.00 97,350.00 3 SANITARY SEWER GRAVITY MAIN,TRENCHED, PVC, 12 IN. LF 1770 $55.00 $97,350.00 4 STORM SEWER,TRENCHED, RCP, 18 IN. LF 480 $70.00 $33 600.00 5 STORM SEWER,TRENCHED, RCP, 24 IN. LF 895 $75.00 $67 125.00 6 STORM SEWER,TRENCHED, RCP, 30 IN. LF 735 $80.00 $58 800.00 7 WATER MAIN,TRENCHED, 8-INCH LF 205 $70.00 $14 350.00 8 MANHOLE TYPE SW-301,48 IN. EA 8 $4 500.00 $36 000.00 9 MANHOLE TYPE SW-401, 48 IN. EA 5 $6 500.00 $32,500.00 10 INTAKE TYPE SW-501 EA 8 $3,500.00 $28,000.00 11 INTAKE TYPE SW-503 EA 8 $4,000.00 $32,000.00 ESTIMATED COST OPINION $457,475.00 ° STORMWATER MANAGEMENT 1 MOBILIZATION LS 1 $27,000.00 $27,000.00 2 EXCAVATION, CLASS 13 CY 19000 $7.00 $133,000.00 3 STORM SEWER,TRENCHED, RCP,4 IN. LF ]30 $50.00 $5,500.00 4 STORM SEWER,TRENCHED, RCP, 24 IN. LF $75.00 $17,250.00 5 INTAKE TYPE SW-513, MODIFIED EA $5 000.00 $10,000.00 6 RIP RAP, CLASS D TON $65.00 $58500.00 7 SEEDINGAC 2 $1,500.00 $3 375.00 ESTIMATED COST OPINION $254,625.00 ` STREET LIGHTS VSIDEWA ET LIGHTING LS 1 $30,000.00 $30 000.00 f ION CONTROL AC 27 $500.00 $13,500.00 ' LIZATION LS 1 $6 000.00 $6000.00 WALK,4"PCC SY 1145 $45.00 $51,525.00 r $57,525.00 ESTIMATED COST OPINION v"ic+SCD 17-Jun-16 7 1�7� Page 1 of 1 PERFORMANCE BOND FOR STORM WATER BEST MANAGEMENT PRACTICES AS OUTLINED IN MUNICIPAL CODE CHAPTER 5B KNOW ALL MEN BY THESE PRESENTS THAT t r� � %%"< ��/ `✓�U� �'tik S �� (Here insert the name and address or legal title of the Owner) a Principal, hereinafter called "the Owner, and f� (Here insert the legal title of Surety) as surety, hereinafter called the Surety, are hel _and firmly bound,.lunto the City of Ames as obli ee, hereinafter called the City in the amount of • « �/1 CX , d,�[t� DOLLARS ($� � for the payment whereof Owner and Surety bind themselves, their heirs, executors, administrators, successors and assigns,jointly and severally, firmly by these presents. WHEREAS, Owner has by approval of their site plan and storm water management plan dated , , entered into a greement with City fo ,., In accordance with drawings and specifications prepared by - ` which Contract is by reference made a part hereof, and is hereinafter referred to as the Contract. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that, if Owner shall promptly and faithfully install the storm water best management practices shown in the approved site plan and storm water management plan, then the obligation of this bond shall be null and void; otherwise it shall remain in full force and effect. I. The Surety hereby waives notice of any alteration or extension of time made by the Owner. II. Whenever Owner shall be, and is declared by the City to be, in default under the Contract, the City having performed the City's obligations thereunder, the Surety may promptly remedy the default, or shall promptly: A. Install the storm water best management practices in accordance with the approved site plan and storm water management plan its terms and conditions or, B. Obtain a bid or bids for submission to City for completing the Contract to Install the storm water best management practices in accordance with the approved site plan and storm water management plan, and upon determination by City and Surety of the lowest responsible bidder, arrange for a contract between such bidder and City, and make available as work progresses (even though there should be a default or a succession of defaults under the contract or contracts of completion arranged under this paragraph) sufficient funds to pay the cost of completion less the balance of the Contract Price; but not exceeding, including other costs and damages for which the Surety may be liable hereunder, the amount set forth in the first paragraph hereof. The term "balance of the Contract Price", as used in this paragraph, shall mean the total amount payable by Owner to Contractor under the Contract and any amendments thereto, less the amount properly paid by Owner to Contractor. III. The Owner and his surety shall, in accordance with the provisions of the Code of Iowa be obligated to keep the improvements covered by this bond in good repair for a period of four (4) years from the date of acceptance of the improvements by the City. IV. Any suit under this bond must be instituted before the expiration of four (4) years from the date on which final acceptance by the City of the installed best management practices. V. No right of action shall accrue to or from the use of any person or corporation other than the Owner named herein or the heirs, executors, administrators or successors of Owner. IT IS A FURTHER CONDITION OF THIS OBLIGATION that the principal and surety shall, in accordance with the provisions of Chapter 573 of the Code of Iowa, pay to all persons, firms or corporations having contracts directly with the principal or with subcontractors all just claims due them for labor performed or materials furnished in the performance of the Contract on account of which this bond is given. The provisions of Chapter 573, Code of Iowa, are a part of this bond to the same extent as if they were extent as if they were expressly set out herein. SIGNED AND SEALED THIS DAY OF ,AD IN THE PRESENCE OF: C4" Witness cipal W ness Title Surety Title Rev 1-15-15 sr FIRST CASHIER'S CHECK 038373 NATIONAL 72-227t739 BANK 06/16/16 NIKWY VA.:LYJUNGTI PAY TO THE <" ORDER OF $10,000.00 CITY OF AMES Ten Thousand & NO/1 00---------- TWO GNATURES REQUIR D OVER �00.00 REMITTER Crane Farm First Subdivision-Remitter GW Land Holdings, LLC AUTH0R1 NATURE 003B37311' 1:0739022 ?41: L9 000 411' ST FIRST CASHIER'S CHECK 038457 NATIONAL 72-227739 BANK 06/20/16 PAY TO THE r ORDER OF CITY OF AMES 7,000.00 **SEVEN THOUSAND AND 00/100****************.*** TW TURES RE JEOVER$1,000,00 GW tANi7 HC7LDlNGS CRANE FARM SUSDiVlSiC)N FIRST Et)ITEGPd ...-_ a r EcZ QREMITTE`R STREET TREES II°C13�45 ?,1. 1:� '! 3t9C� ' 2 ?4s: L9 r�C�O 41i` CASHIERS CHECK f e REMITTER` i, ADDRESS :,;t,°,�.,,, �s. *:v, .na„o.""A,�. .a -... —ZW,., f r PAY TO THE n . ii� ORDER OF—'' n , DOLLARS TWO SIGNATURES RE41JIRED FIKST AMERICAN BANK r . ° M„ram; �e - www.bankfirstamencan.com _ 70 - in the event this check is list,stolen or destroyed a 40 day waiting period mxy be required prior to the issufnce of a replacement check. »* ,,,, „� ,.�,; " » r-- 1155031390112 1:0 ? 39❑080 71: 11200 4009 6+1. � , 4 CASHIER'S CHECK 503889 a, REMITTER - 72-80/739 ADDRESS DATE PAY rOTHE ORDER OF — DOLLARS ® FIRST AMERICAN BANK r TWO SIGNATURES RWUIRED �kl� Connecting people with opportunity •-- ? t" 12 www.bankfirstamerican.com �p++I In the event this check is lost,stolen or destroyed,a 90 day waiting period�. may be required prior to the issuance of a replacement check. 1 M' 11. 50 3889a■ 1:0 7 3900 009 Gil' ° r ST FIRST CASHIER'S CHECK 038474 NATIONAL 72 22;' 739 N 06/17/16 �S la.YJl1P:CIU VSi�li PAY TO THE ORDER OF CITY OF AMES 254,625.00 **TWO HUNDRED FIFTY FOUR THOUSAND SIX HUNDRED TWENTY FIVE AND 00/100** NAT REQUIRED OVER$1,000.00 REMITTERSTORM WATER MANAGEMENT -- - - A :Ho IZEJSIGNATURC �A CRAMS FARM SUBDIVISION FIRST EDITIO GW AND HIDINGS iCC ._- 4'i "s' $ 1:0 ? 31i0 2 2 ?t,y: 19 000 111tl" FIR CASHIER'S CHECK 038 NATIONAL72-227,739 BANK 06/17/16 hrEG tag "t 4TDK ` NU, TO THE E,�0F 30,000.ao CITY OF AMES oil **THIRTY THOUSAND AND 00/100********************* TWO ATURE EQ IRED OVER$1,000.00 r STREET LIGHTS A THOR Z.ED. NATURE ER "-- CRANE FARM SUBDIVISION FIRST EDITION-GW LAND HOLDINGS ACC 003at47311' 1:07390 2 2 ?4': 19 000 t,II• { ,�'.:.. .S �:' d ��" r ST FIRST CASHIER'S CHECK 038472 NATIONAL 72-227/739 06/17116 BANK ANK[NY• iOHNSION a..€v uricroN• fsroE.vawEs PAY TO THE 13.500.00 ORDER OF CITY OF AMES **THIRTEEN THOUSAND FIVE HUNDRED AND 00/100**************** NATUR R UIRED OVER$1,000.00 n —� AUTHO IZED IGNATURE REMITTERCOSESCo CRANE FARM SUBDIVISION FIRST EDITION-GW-LAND HOLDINGS LCC z Ih 8 4 II• �' 0. 4+: o MOST CASHIER'S CHECK z' �, } > y 0 3 H 7 5 NATIONAL 72-227 739 BANK 06/17/16 AM,LS r ANKINY- UINSIOP - ,fAt,EY MCI ION•OfSi Jt51401NF5 - PAY TO THE ORDER OF CITY OF AMES 73,275.00 **SEVENTY THREE THOUSAND TWO HUNDRED SEVENTY FIVE AND 00/100******** 4- n Y IGNATUR QUIRED,OVER$1,000.00 REMITTER-SIDEANE WALK SUBDIVISION & STREET EDITION jTREES AUTio ZED$1 NNATU�RE -GW LAND HOLDINGS LCC �� II'038475ul 40 7 390 2 2 74l: L9 0,00 t,",