HomeMy WebLinkAboutPREFORMANCE BONDBond Number: 106070420
Site Number: A2130322M
PERFORMANCE BOND
SCANNED
BY
St. Lucie Countv
Iloo)--00(03
FEB 0 3 2016
` PERNnTTING
St. Lucie County, FL
KNOW ALL BY THESE PRESENTS, That we MetroPCS Florida LLC, 1300 Concord
Terrace, Ste. 200, Sunrise, FL 33323, as Principal, hereinafter called Principal, and
CT 06183, a(n) Connecticut corporation, as Surety, hereinafter called Surety, are
held and firmly bound unto St. Lucie County Planning & Development Services,
Building Division, 2300 Virginia Ave., Fort Pierce, FL 34982, as Obligee, hereinafter
called Obligee, in the amount of Five Thousand and No/106 Dollars ($5.000.00) for
the payment of which sum, well and truly to be made, the said Principal and Surety
bind themselves, and their heirs, executors, administrators, successors and assigns,
jointly and severally, firmly by these presents.
WHEREAS, Principal has obtained or is desirous of obtaining a License or Permit
from St. Lucie County. FL for the telecommunications facility located atc1D2110-S-.
Ocean "Drive, Beach, FL 34957, and
WHEREAS, as a condition of said License or Permit Principal is required to
Bond guaranteeing the removal of antenna, antenna array, or tower that
determined to be abandoned at said location.
NOW, THEREFORE, THE CONDITION OF THE ABOVE OBLIGATION IS SUCH,
That if Principal shall remove antenna, antenna array, or tower that has been
determined to be abandoned in accordance with said License or Permit, then this
obligation is void, otherwise to remain in full force and effect:
PROVIDED, HOWEVER, That:
1. It shall be a condition precedent to any right of recovery hereunder, that in
event of any default on the part of the Principal, a written statement of the
particular facts of such default shall be forwarded to the Surety, within sixty
(60) days of the occurrence of such default, delivered by registered mail to
Surety at its Home Office located at: One Tower Square,, Hartford, CT 06183.
2. That no action, lawsuit or proceeding shall be had or maintained against the
Surety on this Bond unless the same be filed and properly served upon the
Surety within one year from the effective date of the cancellation of the Bond.
3. That no right of action shall accrue under this Bond to of1or the use of a
person or entity other than the Obligee, and its successors and assigns.
4. This Bond shall become effective March 13, 2014.
5. This Bond shall continue in full force and effect until canceled by the Surety
by providing thirty (30) days written notice to the Obligee.
6. The liability of the Surety shall in no event exceed the aggregate penal sum of
the Bond penalty.
If any conflict or inconsistency exists between the Surety's obligation or
undertakings as described in the Bond and as described in the underlying
document, then the terms of the Bond shall prevail.
IN WITNESS WHEREOF, The said Principal and Surety have signed and sealed
this instrument on this 13th day of March, 2014.
MetroPCS Florida LLC
Princip {�
By:CW4 qMk==
Pamela ). Coo
Director, Technology Property Management
Travelers Casualty and Surety Company of America
Sur y
BY.
Laura M. Buhrmester, Attorney -in -Fact