1999-02-22 Regular Meeting - Laserfiche WebLink

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e e Bond No. TXC 1570 PERFORMANCE BOND I RENOVATION OF "{HE' CITY OF LA PORTE'S BAY FOREST GCDLF COURSE GREENS , , STATE OF TEXAS COUNTY OF Harris KNOW ALL MEN BY THESE PRESENTS: That BiJmside Services. Inc. of the City of Montaomerv County of' Montaomerv , and State of -.I Texas , as principal, and MERCHANTS BONDING '(D'o1PANY (MtJIUAL) 'authorized under the laws of the State of Texas to act as sur~ty on bonds for principals, are held and finllly bound unto The qty of La Porte (Owner), in the penfJl sum of .One-hundred sixteen-thousand four-hundred and noloo Dollars (~ 116.400.00 ) for 'the payment whereof, the said Principal and Surety bind th~mselves, and their heirs, administrators, executors, successors and assigns, jointly; and severally, by these presents: '. WHEREAS, the Principal has entered into a certain: written contract with the Owner, dated the 22nd day of Februarv ,1999, tq which contract, is hereby referred to and made apart hereof as fully and to the same e~ent as if c;opied at length ~reh ' , NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall faithfully perform said Contract and sh~1I in all respects duly and faithfully observe and perform all and singular the covenants, conditions and agreements in and by said contract agreed and covenant~ by the Principal to be observed and performed, and according to the true intent and: meaning of said Contract and the Plans and Specifications hereto annexed, then thiS. obligation shall be void; .otherwise to remain in full force and effeCt; , "PROVIDED, HOWEVER, that thi~ bond is executed pursuant to the provisions of Vernon's Texas Codes Annotated. Texas Government Code. ChaDter 2253, as amended and all liabilities on this bond shall be determine~ in accordance with the provisions of said Article to the same ext~nt as if it were copied at length herein." Surety, for value received, stipul~tes and agrees thati no change, extension of time, alteration or addition to the term~ of the Contract, d.r to the work performed thereunder, or the plans, specifications, :or drawings accomp~nying the same, shall in any way affect its obligation on this bonct and it does herebyjwaive notice o(any such change, extension of time, alteration or ~ddition to the terms~ of the contract, or to the work to be performed thereunder. ' Pmfnrm~n,...A Rnnrl 1 nf?