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Home My WebLink AboutA006 - Agreement for Public Improvements, Instrument No. 2021-10703 Instrument 0: 2021-10703 08/19/2021 02:50:06 PM Total Pages: 5 00 OTHER c Recording Fee: $ 27.00 U o Stacie Herridge, Recorder, Story County Iowa W mill K MNSIM.N� 1*11.Wit AMA 11111 1-6 Ln �e z �W FF- b� w INSTRUMENT PREPARED BY: Brian D.Torresi,2605 Northrid e Pkwy.,Ames,IA 50010 515 288-2500 RETURN To: I Brian D.Torresi,2605 Northridge Pkwy.,Ames,IA 50010 AGREEMENT FOR PUBLIC IMPROVEMENTS The parties to this Agreement for Public Improvements are HUNZIKER DEVELOPMENT GROUP, LLC (the "Owner") and the CITY OF AMES, IOWA (the "Cily"). WHEREAS, the Owner is in the process of platting real estate to be known as SCENIC VALLEY SUBDIVISION SIXTH 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),subgrade preparation,sanitary sewer,storm sewer, water main, street lights, street trees, manhole adjustments,pavement, sidewalks, curb, and gutter (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 Owner shall deposit with the City a surety bond, letter of credit, or certified check in the amount of FIVE HUNDRED TWENTY-THREE THOUSAND TWO HUNDRED FIFTY-THREE DOLLARS and 00/100($523,253.00)conditioned upon the completion of the Improvements as required by the City for said subdivision on or before theAl day of 20� 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 shall be released. k Dated this day of June, 2021. (SIGNATURE PAGE FOLLOWS) SIGNATURE PAGE OF AGREEMENT FOR PUBLIC IMPROVEMENTS HUNZIKER DEVELOPMENT GROUP, LLC By. Justin R. Dod461 Manager Charles E. Winkleblack, Manager STATE OF IOWA, STORY COUNTY, SS: /J�--- This record was acknowledged before me on this ZZ a1 y of June,2021,by Justin R.Dodge and Charles E. Winkleblack, as Managers of Hunziker Development Groin,LLC. spa s� JENNIFER KAPAUN Notary PubI"ic in, nd fair the State of Iowa Commission Number 783061 / �WP My commissi & ices My commission'expires CITY OF AMES,IOWA By: John:Joiner _ G Director of Nblic Works 3 Leter of Credit SCENIC VALLEY SUBDIVISION-6TH ADDITION BMI PROJECT NO.0A1.123802 May 27,2021 Item Item Unit Estimated Unit Total Amount No. Quantity Price 1 SUBGRADE PREPARATION SY 2796.5 $3.20' $8,948.$0 2 SANITARY SEWER GRAVITY MAIN,TRENCHED, LF 426 $65.00 PVC 12 INCH $27,690.00 3 SANITARY SEWER GRAVITY MAIN,TRENCHED, LF 286 $65.00 PVC 81NCH $18,590.00 4 SANITARY SEWER SERVICE STUB,PVC,4 INCH LF 1027 $35.00 $35,945.00 5 STORM SEWER,TRENCHED,RCP,15 INCH LF 232 $38.00 $8,816.00 6 STORM SEWER,TRENCHED,RCP,18 INCH LF 213 $45.00 $9,585.00 7 STORM SEWER,TRENCHED,RCP,24 INCH LF 379 $53.00 $20,087.00 8 REMOVAL OF STORM SEWER,RCP,15 INCH LF 35 $15.00 $525.00 9 PIPE APRON,RCP,18 INCH EA 1 $3,100.00 $3,100.00 10 1PIPE APRON,RCP,24 INCH EA 3 $3,500.00 $10,500.00 11 FOOTING DRAIN COLLECTOR,HDPE,6 INCH LF 369 $17.00 $6,273.00 12 FOOTING DRAIN CLEANOUT,PVC RISER,6 EA 1 $400.00 INCH $400.00 13 STORM SEWER SERVICE STUB,PVC,4 INCH LF 961 $20.00 $19,220.00 14 WATER MAIN,TRENCHED,PVC,8 INCH LF 1264 $29.00 $36,656.00 1s WATER SERVICE STUB,COPPER 1 INCH EA 986 $38.00 $37,468.00 16 VALVE,GATE,8 INCH EA 2 $1,800.00 $3,600.00 17 FIRE HYDRANT ASSEMBLY EA 4 $6,000.00 $24,000.00 18 BLOWOFF HYDRANT ASSEMBLY,REMOVE EA 2 $2,500.00 AND REINSTALL $5•0DO•00 19 SANITARY MANHOLE,SW-301,48 INCH EA 2 $5,900.00 $11,800.00 20 ISTORM MANHOLE,SW-401,601NCH EA 2 $5,000.00 $10,000.00 21 INTAKE,SW-512,TYPE 3B,24 INCH EA 1 $2,500.00 $2,500.00 22 INTAKE,SW-501 EA 1 $2,100.00 $2,100.00 23 INTAKE,SW-503 EA 1 $4,500.00 $4,500.00 24 INTAKE,SW-505 EA 1 $4,000.00 $4,000.00 25 INTAKE,SW-506 EA 1 $9,500.001 $9,500.00 26 IMANHOLE ADJUSTMENT,MINOR EA 2 $2,000.00 , $4,000.00 27 CONNECTION TO EXISTING MANHOLE, EA 1 $1,500.00 SANITARY COREDRILL $1,500.00 28 CURB AND GUTTER,301NCH WIDTH,81N LF 1411 $17.60 ';',-$24,83160 29 Pavement,HMA Base 6" SY 2091 $25.60 ,�;$53,529.60 30 Pavement,HMA Surface,2" SY 2091 $11.00 $23,001.00 31 SIDEWALK,PCC,4" SY 982 $45.00 $44,190.00 32 SIDEWALK,PCC,6" SY 15 $140.00 $2,100.00 33 DETECTABLE WARNING SF 20 $27.00 $540.00 34 TURNAROUND,GRANULAR,12 INCH SY 390 $8.00 4k ,:$3,120.00 35 CONVENTIONAL SEEDING,SEEDING, AC 8.7 $1,500.00 FERTILIZING AND MULCHING $13,050.00 36 EROSION STONE TON 40 $50.00 $2,000.00 37 COSESCO AC 9.27 $500.00 $4,635.00 38 Manhole Adjustments(Includes Prorings/ EA 3 $1,650.00 Castings By Others) $4,950.00 39 Stabilized Construction Entrance SY 200 $5.00 $1,000.00 40 Street Trees EA 34 $200.00 $6,800.00 41 Street Lights EA 4 3,300 $13,200.00 OPINION OF PROBABLE CONSTRUCTION COST: $523,253.00 SCENIC VALLEY SUBDIVISION-6th ADDITION Letter of Credit Summary Major Item of Work Cost Earthwork $46,280.00 Watermain $106,724.00 Sanitary Sewer $49,245.00 Storm Sewer $111,106.00 Pavingr . .� .`: $117,433.00 Sidewalk $46,830.00 Miscellaneous $45,635.00 Total $523,253.00