HomeMy WebLinkAboutAtt 4 Instrument 0: 2018-10696
11/28/2018 10:42:23 AM Total Pages: 2
00 OTHER
Recording Fee: $ 12.00
Stacie Herridge, Recorder, Story County Iowa
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Prepared By:Ryan L.Haaland,Davis Brown Law Firm, 2605 Northridge PKWY,Ames 1A 50010;(515)288-2500
Return To:Same as Above
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement are Hunziker Development Group, LLC (the"Owner") and
the City of Ames, Iowa(the
WHEREAS, the Owner is in the process of platting real estate to be known as SUNSET
RIDGE SUBDIVISION EIGHTH ADDITION, AMES, STORY COUNTY, IOWA (the
"Subdivision"); and
WHEREAS, the Owner is required to construct certain improvements within the real
estate, to-wit: erosion control, street lighting, street trees, sidewalk, and other street
improvements.
NOW, THEREFORE, in consideration of the premises, it is hereby understood and
agreed that Owner shall deposit with the City a letter of credit in the amount of THREE
HUNDRED SEVEN THOUSAND FOUR HUNDRED SEVENTY-NINE and 28/100
DOLLARS ($307,479.28) conditioned upon the completion of the improvements and utilities as
required by the City for said subdivision on or before the&day of i�QV�y1 , 20X a
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(see Exhibit"A" for an Itemization of Public Improvements).
IT IS FURTHER AGREED that City reserves the right to construct said improvements in
the event Owner fails to do so as herein agreed, and to cover the costs thereof with the letter of
credit.
IT IS FURTHER AGREED that upon satisfactory completion of the said improvements,
including the paying of reasonable engineering and inspection fees therefore,the letter of credit
#3001373
shall be released.
Dated this.40ay of &Q4ei,— , 2018.
HUNZIKER D VELOPMENT GROUP, LLC
By:
Dea6 E. Hunziker, Manag
By: a4 �� -
Charles E. Winkleblack, Manager
STATE OF IOWA, COUNTY OF
This record was acknowledged before me this 3j 5 day of
by Dean E. Hunziker and Charles E. Winkleblack, Managers of Hunziker Development Group,
LLC.
JENNIFER KAPAUN
ow a Commission Number 783061 Sign f No Pi>� is
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