Laserfiche WebLink
<br />Bond No. CB53267 <br /> <br />PAYMENT BOND <br />CLP Project No. 2001-4501 <br /> <br />STATE OF TEXAS <br /> <br />COUNTY OF <br /> <br />Harris <br /> <br />D. L. Davidson <br />KNOW ALL MEN BY THESE PRESENTS: That Contractors, rnc. of the <br />City of Houston County of Harris , and State of Texas , as <br />.. d l~at:~onal American . d d th I of th St f T <br />princIpal, an Tml11r;:mrp r.mnp::my authonze un er e aws e ate 0 exas <br />to act as surety on bonds for principals, are held and firmly bound unto The City of La <br />Porte (Owner), in the penal sum of Forty Nine Thousand Twenty Seven & oO/loOc!ollars <br />($ 49,027.00 ) for the payment whereof, the said Principal and Surety bind themselves, <br />and their heirs, administrators, executors, successors and assigns, jointly and severally, <br />by these presents: <br /> <br />WHEREAS, the Principal has entered into a certain written contract with the <br />Owner, dated the 18th day of March. 2002, to which contract is hereby <br />referred to and made apart hereof as fully and to the same extent as if copied at length <br />herein. <br /> <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if <br />the said Principal shall pay all claimants supplying labor and material to him or a <br />subcontractor in the prosecution of the work provided for in said contract, then, this <br />obligation shall be void; otherwise to remain in full force and effect; <br /> <br />"PROVIDED, HOWEVER, that this 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 determ ined in accordance with the <br />provisions of said Article to the same extent as if it were copied at length herein." <br /> <br />Surety, for value received, stipulates and agrees that no change, extension of <br />time, alteration or addition to the tenns of the Contract, or to the work perfonned <br />thereunder, or the plans, specifications~ or drawings accompanying the same, shall in <br />such change extension of time, alteration or addition to the terms of the contract, or to <br />the work to be performed thereunder. <br /> <br />Payment Bond 1 of 2 <br />