HomeMy WebLinkAbout~Master - Approving relinquishing & return of original bond for JT Warehouse Subdivision East 13th Street upon receipt of the replacement bondRESOLUTION NO. 25-179
RESOLUTION APPROVING RELINQUISHMENT AND RETURN OF
ORIGINAL BOND FOR JT WAREHOUSE SUBDIVISION, EAST 13TH STREET,
UPON RECEIPT OF REPLACEMENT BOND
FOR THE CITY OF AMES, IOWA
WHEREAS, a request was made to replace security posted with the City Clerk for certain
public improvements to be installed in JT Warehouse Subdivision; and,
WHEREAS, the request for replacement related to a pending ownership change; thus, the
replacement bond shall be identical except for the responsible contractor; and,
WHEREAS, upon delivery and acceptance of the replacement bond, the original bond shall
be released by the City of Ames upon closing.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the relinquishment and return of the original bond for the JT Warehouse Subdivision, East
13th Street, upon receipt of the replacement bond is hereby approved.
ADOPTED THIS 22nd day of April, 2025.
_________________________________ ___________________________________
Renee Hall, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Junck
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 22nd day of April, 2025.