HomeMy WebLinkAboutMaintenance BondACESurety Underwriting Services
436 Walnut Street, WA10H
Philadelphia, PA 19106-3703
MAINTENANCE BOND
Westchester Fire Insurance Company
BOND NUMBER: K08360620
KNOW ALL MEN BY THESE PRESENTS, That we, Tower Development Corporation, as Principal, (hereinafter called
Principal), and Westchester Fire Insurance Company, a Pennsylvania corporation, as Surety (hereinafter called
Surety); are held and and firmly bound unto it. Lucie County, Florida, 2300 Virginia Avenue, Ft. Pierce, FL 34982
as Obligee, (hereinafter called Obligee), in the penal sum of Twelve Thousand Eight Hundred Eighty and No/100
Dollars ,$12,880.00 for the payment whereof Principal and Surety bind themselves, their heirs, executors,
administrators, successors, and assigns, jointly and severally, firmly by these presents:
WHEREAS, said Principal has by written agreement, dated April 9, 2010
entered into a contract with said :Obligee for Landscape Maintenance at Communication Cell Tower Site
in accordance, with the General Conditions, the Drawings and Specifications, which contract is by reference
incorporated herein, and made a part hereof, and is referred to as the Contract.
NOW, THEREFORE, the condition of this obligation is such that, if said Principal shall remedy any defects due to faulty
materials or workmanship, and pay for any damage to other work resulting therefrom, which shall appear within a
period of 18 months from the date of substantial completion of the work provided for in the Contract, then this obligation
to be void; otherwise to remain in full force and effect.
PROVIDED, HOWEVER, that said Obligee shall give Principal and Surety notice of observed defects with reasonable
promptness.
Signed and sealed this 10 day of April 2010.
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Witness
Shamila Buchan Witness
TOWER DEVELOPMENT CORPORATION
By /24(SEAL)
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FL Lic.
INSURANCE COMPANY
A. Hopgood, Attorney-ln-Fact
0111 IS
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