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Home My WebLink AboutA012 - Agreement for Public Improvements dated November 9, 2017 Instrument N: 2017-11594 11/16/2017 09:20:14 AM Total Pages: 5 00 OTHER Recording Fee: $ 27.00 I� Stacie HerArliiddge,,� ec�orrdler',uStory Countyl Iowa Return to: Jensen Group 4611 Mortensen Rd., Ste. 106 Ames, IA 50014 Attn: Todd Petersen S P`'A C E A B O V' E R- E S E R V E D. F O R O F F C C 1 A L U' S E' Prepared by/Rehvn-te:.Kathleen Law,700 Walnut,Suite 1600,Des Moines,IA 50309;M 5-283-3116 AGREEMENT FOR PUBLIC:IMPROVEMENTS The parties to .this Agreement are Dickson D: Jensen and.Luann C. Jensen, husband I nd wife,(the"Owner'-')and the CITY OF AMES,IOWA.(the"City'). WHEREAS; the -Owner is in the process Of :platting real: estate to. be .known as BRICKTOWNE ANTES SUBDIVISION,AMES,STORY COUNTY,IOWA; and WHEREAS,the Owner is required,to construct certain improvements and utilities:within the real estate, to-wit: water, sanitary sewer, and sidewalk along South Duff Avenue,by,no later than the.IT day of .0O V�1n'1t( V,20QO :and;to-pay reasonable engineering and inspection fees therefore, all as part of the.platting procedure of the City.as more specifically.provided:on Exhibit"A"hereto: The estimated cost of the remaining public improvements is-$1,061,068.90. 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 $1,636,034.30 conditioned upon the:completion of the improvements and utilities as required by the:City for said subdivision, in accordance with plans and specifications. on file with the City's engineers and by this reference made a part of this agreement. The public,improvements left to be completed are as follows: water, sanitary-sewer, and sidewalk along South Duff Avenue. These public improvements shall be completed no later than P�0V `/�V]G� �T, 20, . IT IS FURTHER AGREED that City reserves the right to construct said improvements Agreement for Public Improvements - Bricktowne Ames Subdivision 2 and utilities in the event Owner fails.to do so as herein agreed, and to cover the costs thereof with the surety bond,letter of credit or the certified check, as the case may be. 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 financial security shall be released. [SIGNATURES APPEAR ON FOLLOWING PAGES] Agreement for Public Improvements — Bricktowne Ames Subdivision . 3 11 Dated - ` ,2017. Di on D.Jens en Lua C.Jensen STATE OF IOWA,COUNTY OF STORY,SS.: p, Thin record was acknowledged before me on I I. l , 2017, by Dickson D. Jensen and Luann C.Jensen,husband and wife: STAMP, Notary Public in.and for the tate of Wwa, . Agreement for Public Improvements — Bri'cktowne Ames Subdivision CITY OF AMES,IOWA By: Printed name: Director of Public Works STATE OF IOWA,COUNTY OF STORY,SS.: This record was acknowledged before me on /1/� ` 2017,by as Director of Public Works, for the City of Ames, Iowa. NOTARY PUBLIC N AND FOR THE STATE OF IOWA ��nuts Jill L. Ripperger a Commission Number 146549 # ,* my commission Expires iow* �' / w JENSEN GROUP BRICKTOWNE AMES SUBDIVISION ! LETTER OF CREDIT - FINAL PLAT C:\Users\CHARLE—I.KUE\AppData\Local\Temp\[Bricktowne LOC(2).xlsm]Sheetl 7-Nov-17 ESTIMATED PROJECT QUANTITIES ITEM ITEM CODE ITEM UNIT TOTAL UNIT TOTAL CE SECTION 4010-SANITARY SEWERS 1 14010-108-A-1-11 SANITARY SEWER GRAVITY MAIN,TRENCHED,PVC TRUSS,8-INCH LF 3,856 $64.85 $250,061.60 2 14010-108-A-2-11 SANITARY SEWER GRAVITY MAIN,TRENCHLESS,PVC,8-INCH LF 152 $375.00 $57,000.00 SECTION 5010-PIPE AND FITTINGS 3 5010-108-A-1-1 WATER MAIN,TRENCHED,8-INCH LF 6,844.0 $31.30 $214,217.20 4 5010-108-A-2-1 WATER MAIN,TRENCHLESS,8-INCH LF 220.0 $90.00 $19,800.00 5 5010-108-C-1-1 FITTING,8"-TEE EA 2.0 $4,500.00 $9,000.00 6 5010-108-C-1-2 FITTING,8"-CROSS EA 2.0 $665.00 $1,330.00 7 5010-108-C-1-3 FITTING,8"-22.5 DEGREE BEND EA 11.0 $455.00 $5,005.00 8 5010-108-C-1-4 FITTING,8"-45 DEGREE BEND EA 9.0 $540.00 $4,860.00 9 5010-108-C-1-5 FITTING,8"-90 DEGREE BEND EA 5.0 $540.00 $2,700.00 10 5010-108-D-0-1 WATER SERVICE STUB,6"FIRE PROTECTION SERVICE EA 8.0 $3,215.00 $25,720.00 11 5010-108-D-0-1 WATER SERVICE STUB,2"FIRE PROTECTION SERVICE EA 20.0 $290.00 $5,800.00 SECTION 5020-VALVES,FIRE HYDRANTS,AND APPURTENANCES 12 5020-108-B-0-1 TAPPING VALVE ASSEMBLY, EA 2 $7,170.00 $14,340.00 13 5020-108-C-0-1 FIRE HYDRANT ASSEMBLY EA 19 $4,465.00 $84,835.00 SECTION 6010-STRUCTURES FOR SANITARY AND STORM SEWERS 14 1 6010-108-A-0-1 I MANHOLE,SANITARY,SW-301 48" EA 20.0 $2,860.00 $57,200.00 15 16010-108-G-0-11 CONNECTION TO EXISTING MANHOLE,SANITARY EA 2.0 $4,750.00 $9,500.00 SECTION 7030-SIDEWALKS,SHARED USE PATHS,AND DRIVEWAYS 16 1 7030-108-E-0-1 I SIDEWALK,PCC,5-INCH SY 8,420.0 $35.00 $294,700.00 17 17030-108-G-0-11 DETECTABLE WARNING SF 200.0 $25.00 $5,000.00 MISC. ____--- ELECTRICAL CONDUIT LF $0.00 S �1 ESTIMATED COST OPINION: $1,061,068.80 I