HomeMy WebLinkAboutBond STATUTORY PAYMENT BOND - TEXAS BOND NO.
KNOW ALL BY THESE PRESENTS, that
Property Owner (hereinafter called
Principal), as Principal, and , corporation organized
and existing under the laws of the State of Washington, with its principal ofice in the City of Seattle
(hereinafter called the Surety) as Surety, are held and firmly bound unto the CITY OF COLLEGE
STATION, TEXAS, a Municipal Corporation, 1101 Texas Avenue, College Station, Texas, hereinafter
called City, in the amount of Dollars
($ ) for the payment whereof the said Principal and Surety bind themselves, their heirs,
administrators, executors, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal is required to install on Lot , Block
Subdivision, College Station, Brazos County, Texas, as required by Chapter 9,
Section 7 of the College Station Code of Ordinances and plan, which ordinance
and plan are attached hereto and made a part hereof as fully and to the same extent as if copied at
length herein; and
WHEREAS, Chapter 9 allows for the filing of a subdivision plat prior to completion of required
provided that the principal provides a bond in the amount
of
NOW, THEREFORE, Th;E CONDITION OF THIS OBLIGATION IS SUCH THAT if said principal shall
install all required as required by City and detailed in the
plan and in accordance with the above - stated ordinance and receive the
approval for same by the City Engineer on or before one year from the date of the filing of the plat for the
property, then this obligation shall be void.
PROVIDED, HOWEVER, that the City having required the said Principal to fumish this bond in order to
comply with Chapter 9, Section 7 of the College Station Code of Ordinances and the
plan, all rights and remedies on this bond shall inure solely to such claimants
and shall be determined in accordance with the provisions, conditions and limitations of said ordinance.
IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument, this
day of , 2002.
, PRINCIPAL
BY:
(Printed Name & Title)
INSURANCE COMPANY
BY:
(Printed Name & Title)
The foregoing bond is hereby approved.
Owner
By:
Title
ADDRESS
DATE
STATUTORY PAYMENT BOND - TEXAS BOND NO.
KNOW ALL BY THESE PRESENTS, that
Property Owner (hereinafter called
Principal), as Principal, and , a corporation organized
and existing under the laws of the State of Washington, with its principal office in the City of Seattle
(hereinafter called the Surety) as Surety, are held and firmly bound unto the CITY OF COLLEGE
STATION, TEXAS, a Municipal Corporation, 1101 Texas Avenue, College Station, Texas, hereinafter
called City, in the amount of Dollars
($ ) for the payment whereof the said Principal and Surety bind themselves, their heirs,
administrators, executors, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal is required to install landscaping on Lot , Block Glenhaven
Subdivision, College Station, Brazos County, Texas, as required by Ordinance No. 1638, Section 11.5,
of the College Station Code of Ordinances and landscaping plan, which ordinance and plan are attached
hereto and made a part hereof as fully and to the same extent as if copied at length herein; and
WHEREAS, Section 11.6 allows for the issuance of a Certificate of Occupancy prior to completion of
required landscaping provided that the principal provides a bond in the amount of $5.00 times the
number of landscape points required for the project;
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH THAT if said principal shall
install all required landscaping as required by City and detailed in the attached landscape plan and in
accordance with the above - stated ordinance and receive the approval for same by the City Planner on or
before four months from the date of issuance of a Certificate of Occupancy for the property, then this
obligation shall be void.
PROVIDED, HOWEVER, that the City having required the said Principal to furnish this bond in order to
comply with Chapter 11 of Ordinance No. 1638, Sections 11.5 and 11.6, and the landscaping plan, all
rights and remedies on this bond shall inure solely to such claimants and shall be determined in
accordance with the provisions, conditions and limitations of said ordinance.
IN WITNESS WHEREOF, the said Principal and Surety have signed and sealed this instrument, this
day of , 2002.
, PRINCIPAL
BY:
(Printed Name & Title)
INSURANCE COMPANY
BY:
(Printed Name & Title)
The foregoing bond is hereby approved.
Owner
By:
Title
ADDRESS
DATE