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HomeMy WebLinkAboutSubdivision Bond SUBDIVISION BOND Bond No. SZ7696 KNOW ALL. MEN BY Tl IESE PRESENTS, that we Smiling Mallard Development, Ltd. and Texcon General Contractors as Principal, and St. Paul Fire and Marine Insurance Company authorized to do business in the State of Texas , as Surety, are held and firmly bound unto _ Brazos County - as Obligee, in the penal sum of Three Hundred Thirt FiveThousand Seven Hundred Fort Five & No /100 - ---- ($ 335,745.00 --- ) DOLLARS, lawful money of' the United States of America, for the payment of which well and .truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, Smiling Mallard Development, Ltd. and Texcon General Contractors has agreed to construct in Indian Lakes Subdivision Phase 2, 4, 5 and 6 the following improvements: Completion or Construction of all Roads and other Improvements including Drainage Structures (bitches, Culverts. lirid es et NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall construct, or have constructed, the improvements herein described and shall save the Obligee harmless from any loss, cost or damage by reason of its failure to complete said work, then this obligation shall be null and void; otherwise to remain in full force and effect. Signed, sealed and dated this i9th day of March 2004 Smiling Mallard Development, Ltd. Texcon General Contractors r) Principal / r By: �/� 1 St. Paul Fire and Marine Insurance Company By: / 1 , jJ. C , , _ - lly t rooks Attorneyin -Fact TO 39dd T917T9t'86L6 8b :ZT b00Z/50/80