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Home My WebLink AboutA017 - Agreement for Public Improvements dated August 19, 2020, Instrument No. 2020-11398 r 7 C O^' U o Ste, S Instrument p: 2020-11398 09/28/2020 02:38:00 PM Total Pages: 4 00 OTHER Recording Fee: $$ 22.00 Stacie Herridge, Recorder, Story County Iowa F n ■III 11111� %If on,1U 1,1VIN WE V�1154 ,III 1 a� z w 2 �N w o� w INSTRUMENT PREPARED BY: Brian D.Torresi,2605 Northridge Pk .,Ames,IA 50010 515 288-2500 RETURN To: Brian D.Torresi,2605 Northridge Pk .,Ames,IA 50010 AGREEMENT FOR PUBLIC IMPROVEMENTS The parties to this Agreement for Public Improvements are HUNZIKER LAND DEVELOPMENT COMPANY, L.L.C. ("Hunziker"), SUNSET RIDGE PROPERTY OWNERS ASSOCIATION (the "Association") (Hunziker and the Association are hereinafter collectively referred to as the "Owners") and the CITY OF AMES, IOWA (the "C_ ity"). WHEREAS, the Owners are in the process of platting real estate to be known as SUNSET RIDGE SUBDIVISION TENTH ADDITION,AMES, STORY COUNTY,IOWA; and WHEREAS,the Owners are required to construct certain improvements and utilities within the real estate,to-wit: erosion control(COSESCO),water mains,sanitary sewers and drains,storm sewers and drains,manhole adjustments,pavement,pedestrian ramps,street lights,landscaping,and subgrade preparation (collectively, the "Improvements") (a breakdown of the estimated cost of completion of each of the Improvements is attached hereto as Exhibit A and incorporated herein by this reference as if fully set forth). NOW,THEREFORE, in consideration of the premises, it is hereby agreed that the Owners shall deposit with the City a surety bond, letter of credit, or certified check in the amount of SIX HUNDRED NINETY-SIX THOUSAND TWO DOLLARS and 551100($696,002.55)conditioned upon the completion of the Improvements as required by the City for said subdivision on or before the 1 441day of /-f� �� , 20 9-p IT IS FURTHER AGREED that City reserves the right to construct said Improvements in the event Owners fail 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 shall be released. Dated this /9 day of August, 2020. (SIGNATURE PAGE FOLLOWS) SIGNATURE PAGE OF AGREEMENT FOR PUBLIC IMPROVEMENTS HUNZIKER LAND DEVELOPMENT COMPANY, L.L.C. By: 1, Dean . Hunziker,Ma ger By: .'Jlt 11 It Charles E. Winkleblack, Manager STATE OF IOWA, STORY COUNTY, SS: This record was acknowledged before me on this /9dday of August, 2020, by Dean E. Hunziker and Charles E. Winkleblack, as Managers of Hunziker Land Development Company, L.L.C. �PP,AC S� JUSTIN ROBERT DODGE Commission Number 792016 Notary Public in and for the t to of Iowa My Commission Expires °N p September 11, 2021 My commission expires 11 20z SUNSET RIDGE PROPERTY OWNERS ASSOCIATION L'," By: Craig Mdck, President STATE OF IOWA, STORY COUNTY, SS: This record was acknowledged before me on this 1 q `day of August,2020,by Craig Mack, as the President of Sunset Ridge Property Owners Association. c� hpPOAL SF, JUSTIN ROBERT DODGE 81 Commission Number 792016 Notary Public in and f r the St to of Iowa My Commission Expires My commission expires 11 2Z,o1 °Wp 0 September 11, 2021 CITY OF AMES,IOWA By- ohn Joiner Director of Pu lic Works` 3 Sunset Ridge loth Addition Financial Security Estimate Item Quantity Unit Unit Price Totals Subgrade Preparation 5,449 SY $ 2.75 $ 14,984.75 lVleb*1*?a4e-R — i LS s-3rgg0-go $ - 969 �LF $-9-� $ - Sanitary Sewer Service Stub, 4" 21 EA $ 1,800.00 $ 37,800.00 Footing Drain Collector, Case D,Type 2, 8" 301 LF $ 17.00 $ 5,117.00 Footing Drain Cleanout 4 EA $ 400.00 $ 1,600.00 Sump Service Stub, 1.5" 21 EA $ 1,000.00 $ 21,000.00 Storm Sewer,Trenched, RCP Class III, 15" 706 LF $ 37.00 $ 26,122.00 Storm Sewer, Trenched, RCP Class III, 18" 180 LF $ 44.00 $ 7,920.00 Storm Sewer,Trenched, RCP Class III, 21" 165 LF $ 49.00 $ 8,085.00 Storm Sewer,Trenched, RCP Class III, 24" 371 LF $ 52.00 $ 19,292.00 Pipe Apron, RCP, 24" 2 EA $ 2,900.00 $ 5,800.00 Water Main,Trenched, 8" 1,698 LF $ 28.00 $ 47,544.00 Fitting, M.J. Cross, 8" 2 EA $ 1,100.00 $ 2,200.00 Fitting, M.J. 22.5 Degree Bend, 8" 12 EA $ 400.00 $ 4,800.00 Fitting, M.J. Sleeve, 8" 2 EA $ 350.00 $ 700.00 Water Service Stub, 1" 21 EA $ 2,000.00 $ 42,000.00 Valve, M.J. Gate, 8" 10 EA $ 1,800.00 $ 18,000.00 Fire Hydrant Assembly(includes 8"x8"x6" M.J. Tee, 6" M.J. Gate Valve, 6" Pipe, and Hydrant) 3 EA $ 6,000.00 $ 18,000.00 Temporary Fire Hydrant Assembly (includes 8"x6" M.J. Reducer, 6" Pipe, and Hydrant) 2 EA $ 6,000.00 $ 12,000.00 Fire Hydrant Relocation (Temporary to Temporary) 2 EA $ 2,500.00 $ 5,000.00 Sanitary Manhole, SW-301,48" 3 EA $ 5,500.00 $ 16,500.00 Storm Manhole, SW-401,48" 1 EA $ 4,500.00 $ 4,500.00 Single Grate Intake, SW-501 6 EA $ 2,100.00 $ 12,600.00 Single Grate Intake, with Manhole SW-503 6 EA $ 4,400.00 $ 26,400.00 Double Grate Intake, SW-505 1 EA $ 4,000.00 $ 4,000.00 Double Grate Intake, with Manhole SW-506 1 EA $ 9,500.00 $ 9,500.00 Single Grate Intake, with Flush-top Manhole SW-504 1 EA $ 4,400.00 $ 4,400.00 PCC Curb and Gutter, 30" 2,900 LF $ 17.50 $ 50,750.00 Pavement, HMA Base, 6" 2,527 SY $ 25.10 $ 63,427.70 Pavement, HMA Base, 7.5" 1,472 SY $ 31.30 $ 46,073.60 Pavement, HMA Surface, 2" 3,999 SY $ 10.50 $ 41,989.50 Sidewalk Pavement, PCC,4" 1 LS $51,450.00 $ 51,450.00 Pedestrian Ramps, PCC, 6" 115 SY $ 97.00 $ 11,155.00 Detectable Warning Panels 292 SF $ 26.00 $ 7,592.00 Manhole Adjustments 3 EA $ 1,600.00 $ 4,800.00 Stabilized Construction Entrance 1 EA $ 1,000.00 $ 1,000.00 Rip Rap, Class D 10 TON $ 50.00 $ 500.00 COSESCO (erosion control) 12 AC $ 500.00 $ 6,000.00 Street Trees 42 EA $ 200.00 $ 8,400.00 Street Lights 9 EA $ 3,000.00 1 $ 27,000.00 Total $696,002.55