HomeMy WebLinkAboutPerformance Bond PERFORMANCE BOND
STATUTORY PERFORMANCE BOND PURSUANT TO CHAPTER 2253 OF THE TEXAS GOVERMENT CODE AS AMENDED
BondNumber: 808218
(Penalty of this bond must be 100% of Contract Amount)
KNOW ALL MEN BY THESE PRESENTS, that Smiling Mallard Development, LTD (hereinafter
called the Principal(s)), and Insurors Indemnity Company a Corporation organized and existing under the laws of
the State of Texas, with its principal office in the City of Waco (hereinafter called the Surety(s), as Surety(s), are held
and firmly bound unto Brazos County, Road and Bridge Department (hereinafter called the Obligee), in the amount
of Seventy Three Thousand Seventy Five and no /100 Dollars ($73,075.00) for the payment whereof, the said
Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and
severally, firmly by these presents.
WHEREAS, the Contractor has entered into a certain written contract with the Owner, Indian Lakes
Subdivision Phase VII, Completion of construction of all Roads and Imporvements including Drainage
structures (ditches, culverts, bridges, etc), Brazos County, Texas, in accordance with drawings and specifications
prepared by owner; which contract is hereby referred to and made a part hereof as fully and to the same extent as if
copied at length herein.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said
Principal shall faithfully perform the work in accordance with the plans, specifications and contract documents, then
this obligation shall be void; otherwise to remain in full force and effect:
PROVIDED, HOWEVER, that this bond is executed pursuant to the provisions of Chapter 2253 of
the Texas Government Code as amended and all liabilities on this bond shall be determined in accordance with the
provisions of said Chapter to the same extent as if it were copied at length herein.
IN WITNESS WHEREOF, the said Principal(s) and Surety(s) have signed and sealed this instrument this
28th day of July, 2005.
Witness: (Seal)
(Seal)
f iv' al or Firm)
Attest: (Seal)
//,& (Seal)
(If Corporation) Principal
Insurors Indemnity Company
y n
By /O _ (Seal)
i Harri torne in -Fact
128 -Final Bond Form - Standard - McGregor Public SMMLD/INI//
rev 3h01
PERFORMANCE BOND
STATUTORY PERFORMANCE BOND PURSUANT TO CHAPTER 2253 OF THE TEXAS GOVERMENT CODE AS AMENDED
BondNumber: 808218
(Penalty of this bond must be 100% of Contract Amount)
KNOW ALL MEN BY THESE PRESENTS, that Smiling Mallard Development, LTD (hereinafter
called the Principal(s)), and Insurors Indemnity Company a Corporation organized and existing under the laws of
the State of Texas, with its principal office in the City of Waco (hereinafter called the Surety(s), as Surety(s), are held
and firmly bound unto Brazos County, Road and Bridge Department (hereinafter called the Obligee), in the amount
of Seventy Three Thousand Seventy Five and no/I00 Dollars ($73,075.00) for the payment whereof, the said
Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and
severally, firmly by these presents.
WHEREAS, the Contractor has entered into a certain written contract with the Owner, Indian Lakes
Subdivision Phase VII, Completion of construction of all Roads and Ilmporvements including Drainage
structures (ditches, culverts, bridges, etc), Brazos County, Texas, in accordance with drawings and specifications
prepared by owner; which contract is hereby referred to and made a part hereof as fully and to the same extent as if
copied at length herein.
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said
Principal shall faithfully perform the work in accordance with the plans, specifications and contract documents, then
this obligation shall be void; otherwise to remain in full force and effect:
PROVIDED, HOWEVER, that this bond is executed pursuant to the provisions of Chapter 2253 of
the Texas Government Code as amended and all liabilities on this bond shall be determined in accordance with the
provisions of said Chapter to the same extent as if it were copied at length herein.
IN WITNESS WHEREOF, the said Principal(s) and Surety(s) have signed and sealed this instrument this
28th day of July, 2005.
Witness:
(Seal)
i ' • al or Pirm) — � (Seal)
Attest:
(Seal)
•
(If Corporation) (Seal)
Principal
Insurors Indemnity Company
4
Ey Af -adr (Seal)
- Ha .rue in - Fact
12S -Fitud Bond Fonn - Standard - McGregor Public
rev Shot swum
Z9 30dd T9bt91786L6 017:8T 900Z/6I/69