HomeMy WebLinkAboutA009 - Agreement for Public Improvements dated April 28, 2017 V$ Instrument N: 2017-06848
07/10/2017 03:05:37 PM Total Pages: 2
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Recording Fee: $$ 12.00
Stacie Herridge, Recorder, Story County Iowa '
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INSTRUMENT PREPARED BY: Brian D.Torresi,2605 Northridge Pkwy.,Ames,IA 50010(515)288-2500
RETURN To: Brian D.Torresi,2605 Northridge Pkwy.,Ames,IA 50010
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement for Public Improvements are HUNZIKER DEVELOPMENT
COMPANY, LLC (the"Owner") and the CITY OF AMES, IOWA(the"fjff').
WHEREAS, the Owner is in the process of platting real estate to be known as SCENIC
VALLEY SUBDIVISION THIRD ADDITION,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) and sidewalk.
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 EIGHT
THOUSAND TWO HUNDRED THIRTY-FIVE DOLLARS and 00/100 ($8,235.00) conditioned
upon the completion of the improvements and utilities as required by the City for said subdivision on
or before the a1 day of �u , 20JO.
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.
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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" day April,2017.
HUNZIKER DEVELOPMENT COMPANY,LLC
By: 41,
De E. Hunziker,M ager
By: �5
Charles E. Winkleblack,Manager
STATE OF IOWA, STORY COUNTY, SS:
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This record was acknowledged before me on this y of April 2017 by Dean E.
Hunziker and Charles E.Winkleblack,as the Managers of Hunziker Development Company,LLC.
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Oamnipioo Number7g30b1 N a u c in and or the St e of Iowa
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�4 CITY OF AMES,IOWA
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