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Reso 2022-025 Accept Work for Public Improvements at SL Tech Campus
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Reso 2022-025 Accept Work for Public Improvements at SL Tech Campus
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12/21/2023 10:04:55 AM
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2/23/2022 1:53:50 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
2/7/2022
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MAINTENANCE BOND <br />BOND No, 4399952-M <br />PREMIUM Included ini5osl al <br />Performance Bond <br />KNOW AI.1, MP.N BY 1'H2SE PRESENTS: <br />That , SLTC, LLC <br />as Principal and ,SvroToc Insurance Company _,, it cotporcttion <br />organized and ex[Aling under Il1c laws of the State of Texas _ arrd nutiwtized In IrR11=1 business in <br />the Stale of Cjillforrna- _ (imichrnner called "Sntcly"), as Surely, nry held and iumly bauad Itntu <br />City of San L_Randro <br />as Obligee, hcrcinstltcr cnllml Obligee, 111111c runnttal of -. Seventy Mine Thousand Four Hundred Forty Two and <br />tH?I100 llollnrs [S 9.44ili�f_ a pgyn►cul of which. Well serf forty to be <br />rnadu, we bled uursdlvclr, our lust's, admlilklrulurs, axectduls, successata noel assigns, jointly and acvcrally, <br />Crrnil y by llscaw prcecnlr. <br />Wllcrcnn' the ulxrva hnundcn I'rineipal lies cnlcrcd inlet n cnr(nin written canlrzral with ilia nbove named Obllow, <br />prnviding for construction of certain subdivision imptuvernontx fa A P N F5.47-7. 75-47•2. Tsai-J-2.ad r4541.2.1 <br />and <br />WI11fK.{AS, said walk has been or will he completed by Principal, <br />NOW, '111IAZEF'ORR, if anid Principal shall piomptIy iepliwo and rcltnir nrly ►ynrk proven to lid defective because <br />of Aully wvtknill nelill) andlur itinterial MIN it 1wrlod nl'mlc (l ) year !'roar clnte n1' weplance oflho wcnk by 1110 <br />ONisec, Ihrn IIli 1 rrlsligrsl[oil In ha void, 011i r 0mr, I remallt ill fillI fntxa and nflrct- <br />Signed, Sealed nod lielcd this btl, ally of _ seaunry 7022 <br />RTC, LLC <br />11'161011fill (Sowlj <br />lly <br />';111411 ur Inraturinr rr (:nn+l+,nry <br />t!ilrruty) 4yrnll <br />i <br />ply <br />IiPrull,r I' �ftrtrr>rry H r .r, I <br />
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