Loading...
HomeMy WebLinkAboutA006 - Agreement for Public Improvements dated August 12, 2021, Instrument No. 2021-12159 Instrument p: 2021-12159 09/22/2021 02:09:40 PM Total Pages: 3 00 OTHER ' Recording Fee: $ 17.00 C_ Stacie Herridge, Recorder, Story County Iowa Aso 1111 N1 !lINMONNA KFA R111 11111 N H d �� mt� " w � N .p- S P A C E A B O V E R E S E R V E D F O R O F F I C I A L U S E Return document to: David W.Benson,Attomey at Law,1416 Buckeye Ave.Ste.200,Ames IA 50010 Document prepared by: David W.Benson,Attomey at Law,1416 Buckeye Ave.Ste.200,Ames IA 50010;(515)956-3900 AGREEMENT FOR PUBLIC IMPROVEMENTS The parties to this Agreement are Fitch Land Development, LLC, an Iowa member- managed limited liability company, (the "Owner") and the CITY OF AMES, IOWA (the WHEREAS, the Owner is in the process of platting real estate to be known as BIRCH MEADOWS SUBDIVISION, SECOND ADDITION, AMES, STORY COUNTY, IOWA; and WHEREAS, the Owner is required to construct certain improvements and utilities within the real estate, to-wit: street lights, erosion controls, and asphalt roadway surfaces, by no later than the 30th day of June, 2022, and, to pay reasonable engineering and inspection fees therefore, all as part of the platting procedure of the City. The estimated cost of the remaining public improvements is $6. 013.00. 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$6 1,013.00 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: street paving, erosion control, manhole adjustments, street trees, and street lighting, and more particularly described on attached Exhibit A. These public improvements shall be completed no later than June 30, 2022. IT IS FURTHER AGREED that City reserves the right to construct said ` 2 improvements 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 letter of credit shall be released. Dated rA UGUS+ 1 Z 12021. FITCH LAND DEVELOPMENT,LLC By: By: l !� Mary R. ch, as Co-Trustee of the chard L. Fitch, as Co-Trustee of the Richard and Mary Fitch Revocable Richard and Mary Fitch Revocable Trust u/d/o September 25, 1996, Trust u/d/o September 25, 1996, Member Member STATE OF IOWA,COUNTY OF STORY: SS This instrument was acknowledged before me on Aiuc u"5+ 1�, , 2021, by Mary R. Fitch and Richard L. Fitch, as Co-Trustees of the Richarand Mary Fitch Revocable Trust u/d/o September 25, 1996,which Trust is a member of Fitch Land Development,_LLC. SHAWN E. ROBERTS Notary Public Commission Number 199444 My Comm"Expires 6 F CITY OF AMES, IOWA B L y� ohn Joiner,D' ector of Public Works STATE OF IOWA,COUNTY OF STORY: SS This instrument was acknowledged before me on )ktA, Ut.S+ , 2021, by John Joiner, as Director of Public Works for the City of Ames, Iow' . y DIME R.VOSS Notary Public L C.omrnbsion Number I W9 Mj?ois O =t' A Ui 4�- W N h-` =r 79 (D 2) V) V1 () - 0- 0 D D O M m m m Z M M V) �: = cn n m O N Z m O _ rm D -I V) = 0 V) C Q Q D i N 0' z z 3 n � i = r (D rr z O � D O n --h m n (D Q rr i N O N F, Ln N a) D D n D x m • N Ql p N N v O O 06) W N O W N U"i O W O O to O W O O O O Q1 I� ih V( W t/) W !J F-' W • O lD 00 In N A F� lD O cN 00 O W 00 O Ui O O O O O O O O 0 0 O O O O