HomeMy WebLinkAboutROWER-STRUCTURE REMOVAL BONDrowER/STRUCTURE REMOVAL BOND
Bond Number.:K08700795
KNOW ALL ;MEN BY THESE PRESENTS, THAT Sprint Spectrum L.P.. as Principal; and
Westchester Fire Insurance Companya corporation duly organized under the laws of the •State of
Commonwealth of Pennsylvania, as Surety, are held and firmly bound unto:SL Lucie County. 1300 Virafnia
Avenue: Fort Pleroe. FL_:34982, as Obligee, in the sum of Five Thousand and. No/100 Dollars 5 000.00
lawful money of the United States; for the payment of.iNhich, well and >truly to'be made,°we bind ourselves, our
heirs; executors,. administrators, successors and assigns, jointly and severally; firmly by these: presents, the
liability of the Surety -being limited to the penal sum of this bond regardless of the_ number ofyears'the bond, is'in
effect
WHEREAS :the "Principal has entered into a written :agreement with the property owner for' the
placement of a. tower or structure furnishing telephone, television or other electronic media •service, which
agreement sets forth the terms and conditions' which govern the use of such towers or structures and which
agreement is hereby specifically referred to and made part hereof; and
WHEREAS, -the .St. Lucie County: FL requires the, submission of a bond guaranteeing :the
maintenance, replacement, removal or relocation of said tower or'structure located at 3100.Ocean Drive, Fort
Pierce, FL 34949 - Sprint Site ID# M154XC015,
NOW THEREFORE, the condition of this obligation is such, that if the above bounden Principal shall.
perform in accordance with the aforesaid ordinance and/or agreement, and indemnify the Obligee against:all loss
caused by Principal's breech of any ordinance or agreement relating to maintenance, replacement, removal or
.relocations of`a tower or structure, "then this obligation shall be void, otherwise to remain in full force and effect
unless cancelled as set forth below..
THIS BOND may be cancelled by Surety by giving thirty (30) days written notice to the Obligee. Such
cancellation shall not affect any liability the Surety may have or incurred under this bond prior to the effective date
of the termination. Provided that no action, suitor proceeding shall be maintained against the Surety on4his bond
unless action; issbrought.within twelve (12) months of the -cancellation date of this bond.
THIS BOND signed, sealed, dated on the 19v' day of June, 2012. This bond is effective the le day
of J ne,.2012.
Sprint Spectrum L.P.
Principal
By:
Surety
Paige M.