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HomeMy WebLinkAboutA018 - Agreement for Sidewalk and Street Trees dated May 11, 2020, Instrument No. 2020-05295 U o: o 0512112020t a 2020-05295 A 00 OTHER 10:0� :24 AM c y Recording Fe Total Pages 3 0 Stac,ie Herrid 17.00 d P rill f111,1 I ge'' 'coi F 11� ��•�u order StorlyJJCounty Iowa ■�Ih1��fl V� ■11 i1■id11 ►1 t Z 1M' �I III �A o aZ z ,W In N w N_ a�i N 4, INSTRUMENT PREPARED BY: Brian D.Torresi,2605 Northridge Pkw .,Ames,IA 50010 515 288-2500 RETURN To: I Brian D.Torresi,2605 Northridge Pkw .,Ames,IA 50010 AGREEMENT FOR SIDEWALK AND STREET TREES The parties to this Agreement for Sidewalk and Street Trees (this "Agreement") are DET LAND COMPANY,L.C. (the "Owner") and the CITY OF AMES,IOWA (the"City"). WHEREAS, the Owner is in the process of platting a subdivision of real estate pursuant to Chapter 23 of the Municipal Code of the City of Ames, Iowa, to be known as KINGSBURY'S FOURTH ADDITION,AMES, STORY COUNTY,IOWA(the"Subdivision"); and WHEREAS,the Owner is required to construct sidewalks and plant street trees as part of the platting procedure of the City; NOW,THEREFORE, in consideration of the premises, it is hereby understood and agreed that: 1. The Owner shall construct a sidewalk 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,and plant the trees as required by Section 23.402 of the Municipal Code of the City of Ames, Iowa. Owner may obtain building and zoning permits for lots within the Subdivision within thirty-six(36)months following the approval of the final plat of the Subdivision, with the understanding that an occupancy permit under City ordinances shall be withheld with respect to any lot for which the sidewalks have not been installed and the street trees have not been planted. Further, if the sidewalk is not completed as aforesaid for the segment of the street abutting the lot within thirty-six(36) months of the approval of the final plat of the Subdivision,the Owner shall install the sidewalk as per City regulations regardless of whether a residence has been constructed on said lot. No building permit shall be issued after thirty-six (36) months following approval of the final plat of the Subdivision for a lot unless said sidewalk has been installed. Required street trees are required prior to issuance of an occupancy permit. 2. Notwithstanding anything in this Agreement to the contrary,the terms and condition of the Development Agreement Kingsbury's Fourth Addition (the "Development Agreement") submitted with the platting documents for the Subdivision shall control with respect to the timing of sidewalk installation, the issuance of building, zoning, and occupancy permits for lots within the Subdivision related to said installation, and cash in lieu of said installation, as applicable and all as set forth in the Development Agreement, and specifically, in Section I(4) of the Development Agreement as related to the cash payment in lieu of sidewalk installation. 3. This Agreement shall be filed for record in the office of the Story County Recorder and all covenants, agreements, promises and representations herein stated shall be deemed to be covenants running with the land and shall endure and be binding on the parties hereto, their successors and assigns,for a period of twenty-one(21)years from the date of the recording of these covenants, unless claims to continue any interest in the covenants are filed as provided by law. Dated this 1 Ith day of May, 2020. (SIGNATURE PAGE FOLLOWS) 2 SIGNATURE PAGE OF AGREEMENT FOR SIDEWALK AND STREET TREES DET LAND COMPANY, L.C. By: z2vl D uglas K I"A, Member STATE OF IOWA, STORY COUNTY, SS: This record was acknowledged before me on this tL day of May,2020,b Douglas G.Pyle, as a Member of DET Land Company, L.C. a JENNIMR KAPAUN o 11�'Commission Number 763061 Notary 4c(K a fo r tA e S)t"t o of y1owa onExpires My commissi pires c� !/ aw -CITY OF AMES,IOWA- By: John Joiner Director of Public Works 3