HomeMy WebLinkAboutA001 - Agreement for Public Improvements dated August 28, 2023 Irretrrment, Ni 2023-00NO3
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AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement,made pursuant to Section 23.304,Ames Municipal Code,
are JORDON ELWELL PROPERTIES,L.L.C.,an Iowa limited liability company,and TODD
RUETER AND CONSTANCE RUETER,husband and wife,hereinafter collectively referred to
as"Owners",and the CITY OF AMES,IOWA.hereinafter referred to as"City"
WHEREAS,the Owners are in the process of platting a subdivision of real estate to be
known as JT Warehouse Subdivision,City of Ames,Story County,Iowa,and
WHEREAS,the Owners are required to construct certain improvements and utilities within
the real estate,to wit:See Exhibit A,by not later than November 1,2024 and,to pay reasonable
engineering and inspection fees therefor,all as part of the platting procedure of the City.
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
S 1,121,548.00 conditioned upon the completion of the said improvements and utilities,by the said
date,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
IT IS FURTHER AGREED that City reserve the right to construct said improvements and
utilities in the event Owners fail 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 therefor,the bond
shall be released and the bondsman exonerated,the Ictier of credit released or the certified check
shall be retumed to Owners,as the case may be.
DATED this(_day of 2023
-SIGNATURE PAGES TO FOLLOW-
2023-06863 00 0927/2023 03 16 49 PM Page 2 of 6
-SIGNATURE PAGE-
JORDON ELWELL PROPERTIES,L.L C
By.
rdon Elwell,Manager
STATE OF IOWA�� COUNTY-
STATE
record was acknowledged before me on the(,x day of 2023,
by Jordon Elwell,Manager of Jordon Elwell Pr rties,L LC.
S �" LA ANMJFWW aXM Nota Publ in and for said State
2023-06863 00 09/27/2023 03 16 49 PM Page 3 of 6
-SIGNATURE PAGE-
TODD RUETER
CONSTANCERUETER
D
STATE OF IOWA.j?0\k COUNTY:
This record was acknowledged before me on the�x day of 2023,
by Todd Rueter. p
*-bw"M Notark Pub'c in and for said State
STATE OF IOWA-,_0\�,, COUNTY.
This record was acknowledged before me on the day of J .2023,
by Constance Rueter
N A N
No blic in an or said State
I Mr on E�1 a
2023-06N3 00 0927/2023 03 16 49 PM Page 4 of 6
-SIGNATURE PAGE-
CITY OF AMES.IOWA
irector of P,A61ic Works
2023-06863 00 09/27/2023 03 16 49 PM Page 5 of 6
EXHIBIT"A"
Itemized List
(attached hereto)
2023-06863 00 09/27/2023 03 16 49 PM Page 6 of 6
ENGINEER'S I OBABLE CONSTRUCTION COSTS
JT Warehouse Subdivision-Public Improvements ,
City of Ames,IA %:
8W3 STRAND ENGINEER'S OPINION
OF PROBABLE COST
ITEM NO. ITEM UNIT 'ESTIMATED ESTIMATED TOTAL
QUANTITY UNIT COST
DIVISION 2-EMTHWORK
201 E�vOw and Embenkm-nt CY 1.000 $ 500 S 5,00000
202 Topeal Strip.Stock Ie Rp CY 2,000 1f 500 3 10 000 00
203 mkn,12-krh SY 7 350 f 350 $ 11 76000
204 Mo&P d S bb.sa,IWnch DWh 9v 3,3W f 1250 S 42 ow 00
205 Curb Bad1S11 T LS 1 f 5.00000 S 5 DDo 00
DIVISION 3-TRENCH EXCAVATION S SACKFILL
301 Tr-rlrh Foundagw TON 1 D0 S 5000 S 5 000 DO
302 ROOOM.OM of UrMAWN-8ack51 Male" CY 100 S 3500 S 3 500 00
303 TI—h Tmbng LS 1 S 5 DOO 00 S 5 000 00
DIVISION a-SEWER S DRAINS
401 Subdr—Ca-B Ty;.1,a-Inch LF 485 S 2000 S 9,7DO 00
402 9ubdraln CI.WW,Type A•1,Sanch EA 2 S S50 o0 f 1,7DO 00
403 9Iorm 5-1v-r r SubdnM,Trw~,154rch LF 285 S 10000 S 20.500 00
404 Sbnn S~s SubM1.ln,Trwwt d,184nch LF Sol S 12000 S 70,920 00
405 Storm S. r Subdnln.TmrKtwd,24-Inch LF 34/ S 15000 f 51,500 00
406 FES S F ,RCP,1 SMch FA 1 S 3,50000 S 3.50000
407 ,FES S Footing,RCP,244ch EA 1 S 4150000 $ 4,50000
406 Sa Iary S. C—scOw b ExJslrV 1 b4nc 1 Stub EA 1 $ 2,50000 $ 2,500 00
409 SwAAry 5.xw G M.In 7rwv W 184ncn LF 1,225 3 135 DO S 15.5,375 00
DMSION S.WATER MAINS S APPURTENANCES
501 Cm wt to EAIWV Wow.124nch T Sle-v- EA 1 $ 85o0 00 S S 500 00
502 Walsr Main,Tranched,124nch LF 1,885 3 0500 3 141 525 DO
503 Val"R"knt Wodpe Gats,124nch EA 3 S 3.75000 S 1125000
501 Fk. t EA 5 $ 750000 $ 37 WO 00
DNMION S-STRUCTURU FOR SANITARY S STORM SEWERS
601 storm Ire*..SW d05 EA a f 5.50000 $ 33 000 00
502 SanRwy 5. Manhole,SW-301 sSmcb EA 3 S 5.00000 $ 15,000 DO
DMSION 7-STREETS S RELATED WORK
701 Pay.r-A WkI.Nng.PCC.94nch SY 2.323 S 9000 $ 2D9,07000
702 PewrwOD PCC San& SY 720 $ 8500 S a1,710 DO
703 Sewmg EAWng Pav-m-rK Edge LF 1,555 S 1000 S 15.55000
704 Sld."k,PCC,54.1, SY 730 S 8000 f 55,400 DO
705 D.bctWe Waml 5F 48 S 81 00 S 3,888 00
DIVISION 1-TRAFFIC CONTROL
Sol Trallk C4ntro4 LS 1 S 15,000 00 f 15.000 DO
802 Pay.n1-d M.,k.r4p LS I S $000 00 S 5 000 00
OMSION 9•SITE WORK S LANDSCAPING
901 Saodkn.Fer111 ,S HydremkIling-Typ,1 L—Mt. AC 1 5 f a,500 DO S 8.750 o0
902 ~Protecum EA S S 37500 S 225000
903 SIh F.ro- LF 1,700 S 300 S 5.100 DO
904 Clan D or E R.vebrl a TON 30 $ 9000 S 2 400 DO
OMNOU 11-MISCELLANEOUS
11 of MobdUxbw 8 SoMs Gmdft 8 UW LS I S 30.000 DO i
S 3000000
1102 MobN7mhon S Bonds PwIng 1 LS 1 $ .000 00 3 25 000 00
le 1103 Moblik-bon,Erpn Con" LS 1 S S,DOO 00 S 500000
CONSTRUCTION SUBTOTAL f 1,121,M8.00