HomeMy WebLinkAboutA002 - Agreement for Public Improvements dated October 11, 2023 Instrument #: 2023-09086
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U c Recording Fee: $ 27.00
Stacie Herridge, Recorder, Story County Iowa
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INSTRUMENT PREPARED BY: Brian D.Torresi, 120 S 161 St.,Ames,IA 50010 515 288-2500
RETURN To: Brian D.Torresi, 120 S 161 St.,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
WHEREAS, the Owner is in the process of platting real estate to be known as SCENIC
VALLEY SUBDIVISION SEVENTH 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,storm sewer,sanitary sewer,
water main, hydrants, manholes and related adjustments, street lights, pavement, street trees,
sidewalks, and detectable warning panels (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 letter of credit in the amount of FOUR HUNDRED TWENTY-ONE
THOUSAND FOUR HUNDRED THIRTY-SEVEN DOLLARS and 00/100 ($421,437.00)
conditioned upon the completion of the Improvements as required by the City for said subdivision on
or before the l k day of k4bef , 202 .
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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,
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( including the paying of reasonable engineering and inspection fees therefore,the letter of credit shall
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Dated this Y of October,�--.day 2023.
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(SIGNATURE PAGE FOLLOWS)
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SIGNATURE PAGE OF
AGREEMENT FOR PUBLIC IMPROVEMENTS
HUNZHCER DEVELOPMENT GROUP, LLC
By:
Justin R. lArodge, Manager
STATE OF IOWA, STORY COUNTY, SS:
This record was acknowledged before me on this �ay of October, 2023, by Justin R.
Dodge, as a Manager of Hunziker Development Group, LLC
N&6 Public in a d for the State of Iowa
My commission expires n
Epp ` JILL M.ANDERSON
CITY OF AMES,IOWA ° S�i Commission Number 745875
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By:
Jo Joiner
DZd-ector of Public Works
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EXHIBIT A
IMPROVEMENTS
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Letter of Credit Amount
Scenic Valley-7th Addition
Hunziker Development
Item original LOC •
No. Description Unit Quantity Quantity Unit Price Aniount
1 TOPSOIL,ON-SITE JF
5,645.00 0.00 $ - $
2 EXCAVATION,CLASS 13 61,700.00 0.00 $ - $
3 SUBGRADE PREPARATION 51018.00 5,018.00 $ 4.00 $ 20,072.00
4 SANITARY SEWER GRAVITY MAIN,TRENCHED,8" 229.00 0.00 $ 60.00 $ _
5 SANITARY SEWER GRAVITY MAIN,TRENCHED,12" 1,100.00 0.00 $ 80.00 $
6 SANITARY SEWER SERVICE STUB,PVC,4" 31.00 0.00 $ 1,450.00 $ _
7 STORM SEWER,TRENCHED,RCP,15" LF 493,00 0.00 $ 50.00 $
8 STORM SEWER,TRENCHED,RCP,18" LF 337.00 0.00 $ 58.00 $
9 STORM SEWER,TRENCHED,RCP,24" LF 372.00 0.00 $ 77.00 $
F 10 PIPE APRON,RCP,15" EA 1.00 0.00 $ 2,400.00 $ _
k 11 PIPE APRON,RCP,18" EA 1.00 0.00 $ 2,600,00 $
12 PIPE APRON,RCP,24" EA 1.00 0.00 $ 3,000.00 $
13 FOOTING DRAIN COLLECTOR,6"PERFORATED LF 912.00 0100 $ 25.00 $
14 FOOTING DRAIN CLEANOUT,TYPE A-1 EA 4.00 0.00 $ 450.00 $
15 FOOTING DRAIN CONNECTIONS EA 4.00 0.00 $ $
r 16 STORM SEWER SERVICE STUB EA 31.00 0.00 $ 1,200.00 $
17 WATER MAIN 8",TRENCHED LF 1,406.00 0.00 $ 42.00 $
18 FITTINGS LB 638.00 0.00 $ 15.00 $
19 WATER SERVICE STUB EA 31.00 0.00 $ 1,500.00 $
20 VALVE,8" EA 2.00 0.00 $ 2,800.00 $
21 FIRE HYDRANT ASSEMBLY EA 4.00 0.00 $ 7,455.00 $
i 22 FLUSHING DEVICE(BLOWOFF) EA 2.00 0.00 $ 7,250.00 $
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f 23 FIRE HYDRANT(FLUSHING HYDRANT)REMOVAL EA 3.00 0.00 $ 600.00 $
24 MANHOLE,SW-401,48" EA 2.00 0.00 $ 4,000.00 $
25 SANITARY MANHOLE,SW-301,48 INCH EA 6.00 0.00 $ 6,500.00 $
26 INTAKE,SW-501 EA 2.00 0.00 $ 4,800.00 $
27 INTAKE,SW-505 EA 5.00 0.00 $ 5,000.00
28 INTAKE,SW-506 EA 1.00 0.00 $ 8,400.00 $
29 INTAKE,SW-512,24" EA 1.00 0.00 $ 1,800.00 $
` 30 INTAKE,SW-512,30" EA 1.00 0.00 $ 2,300.00 $
31 CONNECTION TO EXISTING STORM INTAKE EA 1.00 0.00 $ 2,500.00 $
32 CONNECTION TO EXISTING SANITARY MANHOLE EA 1.00 0.00 1 $ 3,200.00 $ -
33 CURB AND GUTTER,2.5- LF 2,978.00 2,978.00 $ 22.00 $ 65,516.00
34 PAVEMENT,HMA,BASE,6" TON 1 1,293.00 1,293.00 $ 104.00 $ 134,472.00
35 PAVEMENT,HMA,SURFACE,2" TON 431.00 431.00 $ 115,00 $ 49,565.00
36 MANHOLE ADJUSTMENTS EA 9.00 9.00 $ 1,900.00 $ 17,100.00
37 SIDEWALK,PCC,6" SY 20.00 20.00 $ 150,00 $ 3,000.00
38 SIDEWALK,PCC,4" SY 14,360.00 14,360.00 $ 5,00 $ 71,800.00
39 DETECTABLE WARNING SF 49.50 49.S0 $ 46.00 $ 2,277.00
40 PAVEMENT REMOVAL SY 9.00 0.00 $ $ -
41 CONVENTIONAL SEEDING,SEEDING,FERTILIZING,AND MULCHING TYPE 1 SEED) AC 13.00 0100 $ $ -
42 CONVENTIONAL SEEDING,SEEDING,FERTILIZING,AND MULCHING(TYPE III SEED) AC 1.50 0.00 $ $
43 RIP RAP,CLASS E TON 27.00 27.00 $ 100.00 $ 2,700.00
44 SILT FENCE OR SILT FENCE DITCH CHECK LF 3,685.00 0.00 $ - $
45 STABILIZED CONSTRUCTION ENTRANCE SY 245.00 0.00 $ $
46 INLET PROTECTION DEVICE EA 14.00 0.00 $ $ -
47 MOBILIZATION LS 1.00 1.00 $ 8,000.00 $ 8,000.00
48 CONCRETE WASHOUT EA 1.00 0.00 $ - $
49 COSESCO Acre 15.87 15.87 $ 500.00 $ 7,935.00
50 STREET TREES EA 60.00 60.00 $ 300.00 $ 18,000.00
51 ELECTRIC LIGHTS EA 1.00 1,06 $ 21,000.00 $ 21,000.00
TOTAL LETTER OF CREDIT AMOUNT-#1 $ 421,437.00