HomeMy WebLinkAboutA004 - Agreement for curb, Gutter, Storm Sewers, Sanitary Sewer, Street signs, street lights and street surfacing A G R E E M E N T
KNOW ALL MEN BY THESE PRESENTS:
This Agreement, made and entered into this day of
Le=d2�L_ , 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 Ninth Addition
to the City of Antes, Iowa, and located within the territorial
boundaries of the City of Ames, Iowa, and
WHEREAS, the First Parties are regdred 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 Parties shall deposit with the Second Par
G�
ty a surety bond or a certified check in the amount of $
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 Ninth Addition to the City of Ames, Iowa, and that said improve-
ments 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
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
HEGLAND, of the said improvements , including the paying of a reasonable
NEWBROUGH
JOHNSTON
AMM IOWA
engineering and inspection fee therefor, the bond shall be release
and the bondsman exonerated, or the certified check shall be re-
turned to First Parties , as the case may be.
IN WITNESS WHEREOF, we have hereunto signed our names this
day of _ ' 1965 .
ERBE A. HUNZIKER
DONALD M. FURMAN
FIRST PARTIES
CITY OF AMES, OWA
By
SECOND PARTY
HEGLAND,
NEWBROUGH
JOHNSTON
AMES, IOWA