HomeMy WebLinkAboutA001 - Council Action Form dated April 22, 2025To:Mayor & City Council
From:Victoria A. Feilmeyer, Assistant City Attorney
Date:04/18/2025
Subject:JT Warehouse Subdivision
Item No. 18
MEMO
Please see the attached memo regarding the JT Warehouse Subdivision.
ATTACHMENT(S):
Memo to City Council (JT Warehouse Subdivision).docx
City Clerk's Office 515.239.5105 main
515.239.5142 fax
515 Clark Ave. P.O. Box 811
Ames, IA 50010
www.CityofAmes.org
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Caring People Quality Programs Exceptional Service
515.239.5146 main
515.239.5142 fax
515 Clark Ave.
Ames, IA 50010
www.CityofAmes.org
Legal Department
MEMO
Legal Department
To:Mayor Haila and the City Council
From:Victoria A. Feilmeyer, Assistant City Attorney
Date:April 16, 2025
Subject:JT Warehouse Subdivision
We have had a request to replace security posted with the Clerk for certain public
improvements to be installed in JT Warehouse Subdivision. Currently, there is a bond
posted in the amount of $1,121.548 that was required by a Public Improvements
Agreement. A replacement bond in the same amount is proposed to be posted, and the
City’s Legal Department has reviewed the replacement security and found it acceptable.
The request for replacement relates to a pending ownership change and the replacement
bond is identical except for the responsible contractor.
The request before you is that you permit the City Clerk to relinquish and return the
original bond upon the receipt of the replacement bond, as approved by the Legal
Department.
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