HomeMy WebLinkAbout~Master - Accepting Public Improvements and Bond on North Dayton Industrial Subdivision, 1st Addition Ab
INSTRUMENT PREPARED BY: Brian D.Torresi, 120 S 161 St,Ames,IA 50010 515 288-2500
RETURN To: I Brian D.Torresi 120 S 166 St Ames IA 50010
CITY OF AMES,IOWA
RESOLUTION NUMBER 23-076
ACCEPTING PUBLIC EMPROVEIVIENTS AND BOND ON
NORTH DAYTON INDUSTRIAL SUBDIVISION FIRST ADDITION,
AMES,STORY COUNTY,IOWA
Be it resolved by the City Council for the City of Ames, Iowa, in accordance with the
Certificate of the Municipal Engineer, the obligations of Dayton Avenue Development, LLC
(collectively,with the successors and assigns thereof,"Owner")with respect to the completion of the
following public improvements required for approval of the final plat of NORTH DAYTON
INDUSTRIAL SUBDIVISION FIRST ADDITION, AMES, STORY COUNTY,IOWA (the
"Subdivision") have been secured by the Letter of Credit (as defined herein): erosion control
(COSESCO),subgrade preparation,sanitary sewer,storm sewer,water main,fire hydrant,manholes,
sidewalk,seeding and landscaping,street lights,and street widening(collectively,the"Remaining
Improvements").
The Agreement for Public Improvements secured by a letter of credit in the amount of TWO
MILLION EIGHT HUNDRED FORTY THOUSAND SIX HUNDRED EIGHTY-THREE
DOLLARS and 25/100($2,840,683.25)(the"Letter of Credit")is hereby authorized with respect to
the Remaining Improvements required for approval of the final plat of the Subdivision.
• Dated this day of February, 2023.
CITY OF AMES, IOWA
By
JOHN ILA, Mayor
By
RENEk HALL, bity Clerk
Moved by: Gartin
Seconded By: Betcher
Voting Aye: Betcher_ , Beatty-Hansen, Corrieri, Gartin, Junck, Rollins
Voting Nay: None
Absent: None
Mayor John Haila declared Resolution Number 23-076 adopted.
We,John Haila and Renee Hall,being the duly elected and appointed Mayor and City
Clerk, respectively, of the City of Ames, Iowa, do hereby certify that the above and foregoing
Resolution Number 23QO76 is a true and accurate copy of said Resolution;that said Resolution
was duly passed and adopted by the City Council of the City of Ames, Iowa, at a duly convened
meeting thereof on the 14 day of February ,2023.
JOHN HAILA, Mayor
�&_ / 0
RE HALL,tify Clerk
2