25J - AGMT - TURF REPLACEMENT - Laserfiche WebLink

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WARRAINTY PERFORMANCE AND PAYMENT BOND (To be submitted upon project completion as a condition of project acceptance) KNOW ALL MFN BY TIC,SE PRESENTS that as CONTRACTOR, and a corporation, organized and existing under the laws of the State, and duly authorized to transact business larder the Iaws of the State of California, as SURETY, are field and firmly hound unto the City of Santa Ana, as AGENCY, in the penal sum of Dollars ($ } which is gS percent of the final contract amount for the above stated project, for the Payment of which sum, CONTRACTOR and SURETY agree, to be bound, jointly and severally, firmly by these presents, THE CONDITIONS Or THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR. has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated for if CONTRACTOR faithfully warrants the work done tinder said Contract Agreement against material or quality defects for a period of one year after acceptance by the AGENCY, then this obligation shall be null and void, otherwise it shall remain in full force and effect in favor of AGENCY; provided that any alterations in the obligations or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of such alterations is hereby waived by SURETY. 1N WSTNESS WHEREOF the parties hereto have set thch names, titles, hands, and seal this day of 29. CONTRACTOR* SURETY* Subscribed and sworn to before me, zo_ Signature; Notary Public in and for the County of Rate of premium on this bond is $ — Total amount of premium charge is $ _ this day of State of )erthousand. To be filled in by S'tmety "Provfde CONTRACTOR IA.D=ED 81=nanae address and telephone number and the name tit? addvess. rznd tele hone number o1 authorized representative 16-01