HomeMy WebLinkAboutA005 - Agreement for curb and gutter, etc. I
AGREEMENT
KNOW ALL MEN BY THESE PRESENTS: ,, II
This Agreement, made and entered into this day of
1965, between 'Erben A. Hunziker and Donald M. Furman, of Ames
Story County, Iowa, hereinafter referred 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 located within the territorial
boundaries of the City of Ames, Iowa, and
WHEREAS, the First Parties are jequired to complete construc-
tion of concrete curb and gutter, storm sewers, sanitary sewer,
street signs, street lights and street surfacing within said Sub-
division, and to pay reasonable engineering and inspection fees
therefor, all as part of the platting procedure, and in compliance
with platting ordinances of the City of Ames, Iowa;
NOW, THEREFORE, in consideration of the premises, it is
hereby agreed that First Partiesshall deposit with the Second Party
a surety bond or a certified check in the amount of $ � 4
conditional upon the completion of said improvements.
It is agreed that the said improvements must be completed
within one year from and after the date of final approval of Bel-Air
Eighth Addition to the City of Ames, Iowa, and that said improvements
shall be constructed to meet the approval of the Second Party,
acting through the City Engineer' s office.
It is further agreed that the Second Party reserves the right
to complete the said improvements, in the event First Parties fail t
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 improvements, including the paying of a reasonable
HEGLAND, engineering and inspection fee therefor, the bond shall be released
NEWBROUGH
JOHNSTON
AMES, IOWA
and the bondsman exonerated, or the certified check shall be return-
ed to First Parties, as the case may be.
IN WITNESS "WHEREOF, we have hereunto signed our names this
' day of ApF ` 1965.
rem -tea
ERB"E A. HUNZIKER
DONALD M. FURMAN
FIRST PARTIES
CITY OF AMES, IOWA
By
SECO4M PARTY
HEGLAND,
NEWBROUGH
JOHNSTON
AMES, IOWA