HomeMy WebLinkAboutA005 - Agreement for Public Improvements Instrument No. 2024-04627 recorded July 3, 2024 Instrument 4: 2024-04627
07/03/2024 08:28:13 AM Total Pages: 4
00 OTHER
Recording Fee: 22.00
Stacie Herridrgeu, Recorder, Story
llCounty Iowa
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INSTRUMENT PREPARED BY: Brian D.Torresi, 120 S 16`h St.,Ames,IA 50010 515 288-2500
RETURN To: Brian D.Torresi, 120 S 161h St.,Ames,IA 50010
AGREEMENT FOR PUBLIC IMPROVEMENTS
The parties to this Agreement for Public Improvements are FRIEDRICH LAND
DEVELOPMENT COMPANY, L.L.C. (the "Owner") and the CITY OF AMES, IOWA (the
"City").
WHEREAS, the Owner is in the process of platting real estate to be known as THE
BLUFFS AT DANKBAR FARMS SECOND 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), street lights, pavement, pedestrian ramps, street
trees, sidewalks, manhole adjustments, stormwater management, detectable warning panels, and
conservation management(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 THREE HUNDRED SEVENTY-
EIGHT THOUSAND ONE HUNDRED THIRTY-FOUR DOLLARS and 02/100 ($378,134.02)
conditioned upon the completion of the Improvements as required by the City for said subdivision on
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or before the l5 day of J Uf1G ,202j.
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.
Dated this day of June,2024.
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SIGNATURE PAGE OF
AGREEMENT FOR PUBLIC IMPROVEMENTS
FRIEDRICH LAND DEVELOPMENT COMPANY,L.L.C.
By:_ 7& "('4�
urt W. Friedrich, Manager
STATE OF IOWA, COUNTY OF STORY, SS:
This record was acknowledged before me on this 3V day of April, 2024, by Kurt W.
Friedrich, as a Manager of Friedrich Land Development Company, L.L.C.
BRIAN TORRESI
$ . Commission Number 742380
My i vires Notary Public in and for the State of Iowa
My commission expires yt�
CITY OF AMES, IOWA
By: --
#irector n Joiner
of Public Works
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EXHIBIT
Letter of Credit Amount
The Bluffs-Second Addition
Frledrlech Development
4/30/2.024
No. Description Unit Quantity Quantity Unit Price Amount
1 PEXCAVATION,
N SITE53,737.00 0.00 $ 1.90 2ON,CLASS 10 CY 244,822.00 24,482.00 $ 2.86 $ 70,018.52
3E PREPARATION SY 2,533.00 2,533.00 $ 4.00 $ 1 1132.00
4SEWER GRAVITY MAIN TRENCHED PVC 12 INCH LF 2,703.00 0.00 65,00 $ -
5 SEWER SERVICE STUB PVC,6INCH EA 49.00 0.00 $ 1,500,00 $
6WER,TRENCHED,RCP,151NCH LF 1,025.00 0.00 $ 30.OD S
7WER,TRENCHED,RCP,19INC14 IT 120.00 0.00 $ 35.00 $
8 STORM SEWER,TRENCHED,RCP,301NCH LF 707,00 0.00 $ 75.00 $
9 STORM SEWER,TRENCHED RCP,361NCH LF 661.00 0.00 $ 80.00 $
10 STORM SEWER,TRENCHED,RCP,48INCH LF 108.00 0.00 $ 90.00 $
i 11 STORM SEWER,TRENCHED,PVC,18INCH LF 25.00 0.00 $ 25.00 $
i 12 PIPE APRON,RCP,151NCH EA 4.00 4.00 $ 1,500.00 $ 6,000.00
13 PIPE APRON,RCP,181NCH EA 1.00 1.00 $ 2,000.00 $ 2 000,00
14 PIPE APRON,RCP 361NCH EA 3.00 3.00 $ 2,500.00 $ 7,500.00
j 15 PIPE APRON,RCP,481NCH EA 1..00 1.00 $ 3,500.00 $ 3,500.00
16 SUBDRAIN,HDPE,PERFORATED,6" LF 128.00 0.00 $ 18.00 $
17 SUBDRAIN,HDPE,6" LF 340.00 0.00 $ 15.0o $
18 8"TILE LF 2,010,00 0.00 $ 18.00 $
19 SUBDRAIN CLEANOUT,HDPE,8" EA 4.00 0.00 $ 500.00 $
20 SUBDRAIN CLEANOUT,HDPE,6" EA 3.00 0.00 $ 500.00 $
21 STORM SEWER SERVICE STUB,1.5 INCH FA 15.00 0.00 $ 500.o0 $
22 FIELD TILE REPAIR,<8 INCH LF 50.00 0.00 $ 25.00 $
23 WATER MAIN TRENCHED PVC 8 INCH LF 707.00 0.00 35.00 $
24 FITTING DUCTILE IRON LB 380.00 0,00 $ 21.00 $
25 WATER SERVICE STUB,COPPER,1 INCH EA 15.00 0.00 $ 1,500.00 $
26 VALVE,GATE,8INCH EA 4.00 0.00 $ 2,400.00 $ -
27 TAPPING VALVE ASSEMBLY,8INCH EA 1.00 0.00 $ 11200.00 $
28 FIRE HYDRANT ASSEMBLY EA 2.00 0.00 $ 6,000.00 $
it 29 FLUSHING DEVICE BLOW OFF 6 INCH EA 2.00 0.00 $ 5,000.00 $
i 30 SANITARY MANHOLE SW-301,48INCH EA 11.00 0.00 $ 5,000.00 $
31 STORM MANHOLE,SW-401,48 INCH EA 7.00 0.00 $ 3,500.00 $
32 STORM MANHOLE,SW-401, 60 INCH EA 1.00 0.00 $ 4,500.o0 $
i 33 INTAKE,SW-501 EA 5.00 0.00 $ 3,000.00 $
34 INTAKE SW-503 EA 1.00 0.00 $ 51000.00 $
35 INTAKE SW-505 EA 3.00 0.00 $ 6,500.00 $
36 INTAKE,SW-506 MODIFIED EA 2.00 0.00 $ 7,500.00 $
37 INTAKE,SW-512 EA 2.00 0.00 $ 2,000.00 $
i 38 INTAKE,SW-513,OUTLET CONTROL STRUCTURE(48"X48") EA 100 1.00 $ 5,000.00 $ 5 0D0.00
39 INTAKE,SW-513,OUTLET CONTROL STRUCTURE 72"X72" EA 1_00 1.00 $ 7,000.00 $ 7 0D0.00
I 40 INTAKE SW-513,OUTLET CONTROL STRUCTURE 84"X48" EA 1,00 1.00 $ 8,000.00 $ 8,0D0,00
i 41 CURB AND GUTTER 2.5 FEET LF 1,450.00 1,450.00 $ 25.50 $ 36,975.00
42 PAVEMENT,HMA,4 INCH,BASE SY 1,777.00 1,777.00 $ 22.00 $ 39,094.00
43 PAVEMENT,HMA,2 INCH,INTERMEDIATE SY 1,777.00 1,777.00 $ 14.25 $ 25,322.25
I 44 PAVEMENT,HMA,2 INCH,SURFACE SY 1,777.00 1,777.00 $ 14.25 $ 25,322.25
45 SIDEWALK PCC,51NCH SY 70.00 70.00 $ 90.00 $ 6,300,00
46 SIDEWALK PCC,61NCH SY 45.00 45.60 $ 138.00 $ 6,210.00
i 47 DETECTABLE WARNING SF 60.00 60.00 $ 45.00 $ 2,700.00
48 CONVENTIONAL SEEDING,SEEDING,FERTILIZING,AND MJL(+NG(IYPE1) AC 3.18 $ 2,000.00 $ -
49 CONVENTIONAL SEEDING,SEEDING,FERTILIZING,AND MULCHING(TYPE II) AC 0.41 $ 2,000.00 $
j 50 CONVENTIONAL SEEDING SEEDING FERTILIZING AND MULCHING TYPE IV) AC 43.35 $ 2,000,00 $
i 51 CONVENTIONAL SEEDING SEEDING FERTILIZING,AND MULCHING(WETLAND) AC 0.88 $ 2,000,00 $
52 CONVENTIONAL SEEDING,SEEDING,FERTILIZING,AND MULCHING(LOW-GROW GRASS) AC 5.27 $ 2,000.00 $
53 SWPPP MANAGEMENT LS 1.00 $ 500.00 $
54 TEMPORARY RECP,TYPE 3A(LOW-GROW GRASS) SY 17,740,00 $ 1.25 $
55 RIP RAP CLASS E TON 315.00 315.00 $ 50.00 $ 15,750.00
56 SILT FENCE OR SILT FENCE DITCH CHECK LP 12 519,00 $ 7.00 $
57 STABILIZED CONSTRUCTION ENTRANCE SY 122.00 $ 25.00 $
58 INLET PROTECTION DEVICE,DROP-IN EA 11.00 $ 150,00 $
59 MAN HOLE ADJUSTME NIT AFTERPAViNG EA 5.00 5.00 $ 2,400.00 $ 12000.00
60 SIDEWALK PCC,51NCH- FUTURE HOMEOWNER SY 608.00 608.00 $ 70.00.$ 42,560.00
61 EROSION CONTROL-COSESCO Acre 46.70 46.70 $ 500.001$ 23,350.00
62 STREETTREES EA 27.00 27.00 $ 2oo.00l$ 5,400.00
63 STREET LIGHTS/ELECTRICAL EA 1.00 1.00 $ 18,000.00 $ 18,000.00
TOTAL LETTER OF CREDIT AMOUNT-#1 $ 378.134.02