HomeMy WebLinkAboutA004 - Agreement for sidewalks and seeding parking A G R E E M "E N T
NOW ALL MEN BY THESE PRESENTS:
This Agreement, made this day of ��1965, by and
between Erben A. Hunziker and Donald M. Furman, of Ames, Story
County, Iowa, hereinafterzeferred to as "First Parties" , and the
City of Ames, Iowa, hereinafter referred to as "Second Party",
WITNESSETH:
WHEREAS, the First Parties are in the process of platting
a subdivision to Ames, Iowa, to be known as Bel-Air "Eighth Addition
to the City of Ames, Iowa, and
WHEREAS, the First Parties are required to complete con-
struction of sidewalks and grading and seeding of parking within
said Subdivision, and to pay reasonable engineering and inspection
fees therefor, all as part of the platting procedure, and in com-
liance with the platting ordinances of the City of Ames, Iowa;
NOW, THEREFORE, in consideration of the premises, it is
hereby agreed that the First Parties shall deposit with the Second
Party a surety bond, or a certified check in the amount of
conditbnal upon the completion of said improvement.
It is agreed that the said improvement must be completed
within two years from and after the date of final approval of Bel-
Air Eighth Addition to the City of Ames, Iowa, and that said improve-
ments shall be constructed to meet the approval of the Second Party,
through the City Engineer' s Office.
It is further agreed that the Second Party reserves the right
to complete the said improvement in the event First Parties fail to
do so, as herein agreed, and to cover the costs thereof with the
surety bond or the certified check, as the case may be.
It is further agreed that upon the satisfactory completion
of the said improvement, including the paying of a reasonable
engineering and inspection fee therefor, the bond shall be released
and the bondsman exonerated or the certified check shall be returned!
HEGLAND, to First Parties, as the case may be.
NEWBROUGH
JOHNSTON
AMES, IOWA
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IN WITNESS WHEREOF, we have hereunto signed our names this
_ day of Apprl *, 1965 .
1 �
i
ERBEN A. HUNZIKER
DONALD M. FURMAN
FIRST PARTIES
CITY OF AMES, IOWA
B
SECOND PARTY
HEGLAND,
NEWBROUGH
JOHNSTON
AMES, IOWA
I