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<br />Exhibit C – Page1 of 2
<br />CITY OF SAN LEANDRO
<br />STATE OF CALIFORNIA PERFORMANCE BOND
<br />
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> WHEREAS, the City of San Leandro, State of California, has awarded to ACCO Engineered Systems, hereinafter designated as the “Principal,” a contract for the Main Library Boiler
<br />Project; and, WHEREAS, said Principal is required under the terms of said contract to furnish a bond for the
<br />faithful performance of said contract. NOW, THEREFORE, we the Principal, and
<br />as Surety, are held and firmly bound unto the City of San Leandro in the penal sum of $228,912.56, lawful money of the United States for the payment of which sum well and truly to
<br />be made, we bind ourselves, our heirs, executors, administrators, successors, or assigns jointly
<br />and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH, that if the above bounden Principal, or
<br />Principal’s heirs, executors, administrators, successors, or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions, and agreements
<br />in said contract and any alteration thereof made as therein provided, on the Principal’s part, to
<br />be kept and performed at the time and in the manner therein specified and in all respects according to their true intent and meaning; and shall defend, indemnify and save harmless the
<br />City of San Leandro, its officers and agents as therein stipulated, then this obligation shall
<br />become null and void; otherwise it shall be and remain in full force and virtue.
<br />And the Surety, for value received hereby stipulates and agrees that, in accordance with the
<br />Plans, Standard Specifications, Special Provisions, and other contract documents, no change, extension of time, alteration, or addition to the terms of the contract, or to the work to be
<br />performed hereunder, or to the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration of additions to the terms of the Contract to the work, or to the specifications.
<br /> The City reserves the right to refuse use of any Contractor assigned by any surety to complete
<br />the work.
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