1994 AGN JUN 08 I17 - Laserfiche WebLink

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ISSUED IN TRIPLICATE Bond No. P 2 45 28 64 Premium: $4,313.00 KNOW ALL MEIN BY THESE PRESENTS, That Tennyson Pipeline Co. as Contractor, and Reliance National Indemni- y Companyas Surety, are held and f rmly bound unto the City of Colton, as owner, in the sum of: Two Hundred Fifteen Thousand Six Hundred Sixty and 00/100******** dollars, lawful :Honey of the United States, said sum ezng not less than 100 percent of the total contract amount, for the payment of which SUM, well and truly to be made, we bind ourselves, our heirs, ex- ecutors, and administrators, successors, and assigns, Jointly and severally, firmly by these presents. WHEREAS, said Contractor has been awarded and is about to eater into the annexed agreement with said City to perform all work required under the City's Specifications entitled: "CONTRACT DOCQMENTS AND SPECIFICATiaNS rOR CONSTRUCTION OF PttMPING FACILITIES FOR wl�;LL NO. 2 4 w NOW, THEREFORE, if said Contractor shall perforin all the require- ments of said agreemtht required to be performed on his part, at the tiles and in tha manner specified herein and shall indemnify and save harml+ass the skid City, its officers, employees and agents, as tthorein stipulated, then this obligation shall be nu11 and void, otherwise it shall ramain in full Force and effect. PROVIDED, that any alterations in the work to ba done or the mate- rials to be furnished, which may be made pursuant to the teras of said contract, shall not in any way reloasa said Contractor or said Surety thereunder, nor shall any extensions of tuna granted under the provisions of said contract release either said Con- tractor or said Surety, and notice of such alterations or extan- sions of the contract is hersby waived by said Surety, 1n the event suit is brought upon this Bond by said City and judg- ment is: recovered, (or settlement made which is favorable to (City), said Surety shall pay all costs incurred by said City in such suit, including a reasonable attorneys fee to be fixed by the court. SIGNED AND SEALED, thi21st day of June 1994 CONTRACTOR: Tpnnvson PiDeline Co. By By s its- Surety, S Phone (818)547-677 SURETY: Rel i ance. atj&4,13 ?gid ipn i Ly. Company �_ Its e , s , , - -Tact By Its Address�55 N. Brand B1vd.7te. 770 C-3pndal-p- CA 203 ALL SIGNATURES ON THIS BOND MUST BE ACKNOWLEDGED BEFORE NOTARY PUBLICS , AND A LEGALLY SUFFICIENT POWER OF ATTORNEY MUST BE AT- TACHED TO THE FOND TO VERXFY THE AUTHORITY OF ANY PARTY SIGNING C?i BEHALF OF A suRETY.