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t <br /> RESOLUTION NO. 0_49c0 <br /> RESOLUTION APPROVING ONE CERTAIN AGREEMENT FOR <br /> THE CONSTRUCTION OF A WATERLINE AND ROADWAY <br /> WITHIN THE CITY OF CLIVE, IOWA, AND AUTHORIZING <br /> AND DIRECTING THE EXECUTION OF THE SAME <br /> WHEREAS, Ronald O. Burns has previously agreed with the City <br /> of Clive to construct certain waterline improvements and roadway <br /> improvements within that real estate described as Lot 11, COWNIE <br /> PARK PLAT, an Official Auditor's Plat, now located in and forming <br /> a part of the City of Clive, Polk County, Iowa, as provided in <br /> one certain Waterline Construction and Dedication Agreement, one <br /> • certain Ingress /Egress Easement, and Agreement dated the 24th <br /> day of September, 1987, and pursuant to an approved Site Plan <br /> for a portion of the above - described real estate; and <br /> WHEREAS, Ronald O. Burns is desirous of replatting the <br /> above - described real estate into three separate lots and the <br /> City of Clive is desirous of approving said replatting, provided <br /> the parties agree that the waterline improvements and roadway <br /> improvements within the above - described real estate are constructed <br /> within one year; and <br /> WHEREAS, Ronald O. Burns has submitted to the City of Clive, <br /> an Agreement, a copy of which is attached hereto and by this <br /> reference incorporated herein, providing for the construction of <br /> the waterline improvements and roadway improvements within one <br /> year and guaranteeing the construction of said improvements within <br /> said time period by an Irrevocable Standby Letter of Credit drawn <br /> on First Interstate Bank of Urbandale to the benefit of the City <br /> of Clive, Iowa. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF CLIVE, IOWA: <br /> That the Agreement attached hereto is hereby accepted <br /> and approved by this City Council; and the Mayor is hereby <br /> authorized and directed to execute said Agreement on behalf <br /> of the City of Clive, Iowa; and the City Clerk is hereby <br /> authorized and directed to attest to the signature of the <br /> Mayor and to affix the seal of the City to the same. <br /> PASSED AND APPROVED this 7* day of _ 1J L, 1987. <br /> Mir <br /> ( P I P al <br /> O. e - ne acder - ayo <br /> ATTEST: <br /> 411 r / <br /> M arjorie F. Roberts, City Clerk <br />