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<br />e <br /> <br />e <br /> <br />Bond No. TXC 1570 <br /> <br />PERFORMANCE BOND <br />, <br /> <br />RENOVATION OF "tHEeITV OF LA PORTE'S <br />BAY FOREST Gcp~F COURSE GREENS <br /> <br />STATE OF TEXAS <br />COUNTY OF <br /> <br />Harris <br /> <br />KNOW ALL MEN BY THESE PRESENTS: That BiJmside Services. Inc. <br />of the City of Montaomerv County of' Montaomerv , and State of -I <br />Texas , as principal, and MERCHANTS BONDING 'CXlVIPANY (MUTUAL) <br />'authorized under the laws of the State of Texas to act as suretty on bonds for principals, <br />are held and fin"ly bound unto The C!ty of La Porte (Owner), in the pen~1 sum of <br />,One-hundred sixteen-thousand four-hundred and noloo Dollars ($ 116.400.00 ) for <br />'the payment whereof, the said Principal and Surety bind th~mselves, and their heirs, <br />administrators, executors, successors and assigns, jointly; and severally, by these <br />'presents: '. <br /> <br />WHEREAS, the Principal has entered into a certain: written contract with the <br />Owner, dated the 22nd day of Februarv . 1999, tq which contract: is hereby <br />referred to and made apart hereof as fully and to the same e~ent as if ~pied at length <br />herein. . <br /> <br />NOW. THEREFORE. THE CONDITION OF THIS OBLIGATION IS SUCH, that if <br />the said Principal shall faithfully perform Said Contract and sh~1I in all respects duly and <br />faithfully observe and perfonn all and singular the covenants. conditions and <br />agreements in and by said contract agreed and covenant~ by the Principal to be <br />observed and performed, and according to the true intent and~ meaning of said Contract <br />and the Plans and Specifications hereto annexed. then thiS. obligation shall be void; <br />otherwise to remain in full force and effeCt; ; . <br /> <br />"PROVIDED. HOWEVER, that thi~ bond is executed pursuant to the provisions <br />of Vernon's Texas Codes Annotated. Texas Government Code. Chapter 2253. as <br />amended and all liabilities on this bond shall be determine~ in accordance with the <br />provisions of said Article to the same ext~nt as if it were copied at length herein." <br /> <br />Surety, for value received, stipul~tes and agrees that: no change, extension of <br />time, alteration or addition to the term~ of the Contract, o.r to the work performed <br />thereunder, or the plans, specifications, ~or drawings accomp~ying the same. shall in <br />any way affect its obligation on this bonq, and it does hereby/waive notice o(any such <br />change, extension of time, alteration or ~ddition to the terms~ of the contract, or to the <br />work to be performed thereunder. <br /> <br />PAlfnrm~nr.A Rnnrl 1 nf ~ <br />