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CHRISP COMPANY
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Last modified
10/27/2016 4:18:36 PM
Creation date
9/24/2015 7:00:42 AM
Metadata
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Template:
Contracts
Company Name
CHRISP COMPANY
Contract #
16-6851
Agency
Public Works
Council Approval Date
9/1/2015
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Bond No. 106301834 <br />Premium: $1,859.00 <br />Attachment B <br />KNOW ALL MEN BY TFIESE PRESENTS THAT: <br />WHEREAS, The City of Santa Ana, State of California, and <br />Chrism Com <br />(hereinafter designated as "Principal') have entered into an agreement whereby Principal agrees to install and <br />complete certain designated public improvements, which said agreement, <br />dated September 2 2015 <br />Project No. 16-6851; Newhope, Civic Center and Grand Bike Lanes, <br />entitled "_Federal Project No. ATPL 50631 <br />is hereby referred to and made a part hereof; and <br />WHEREAS, said Principal is required under the terms of said agreement to famish a Bond fox Faftlaftil <br />Performance of said agreement. <br />NOW, `II*'.REFORE, we, the Principal and ._Travelers Casualty and Surety Company of America <br />as Surety, are held and firmly bound unto the City of Santa Ana (hereinafter called "City"), in the penal sum of <br />One Hundred Sixty Six Thousand Seven Hundred * DOLLARS ($_166,741-60 --- _) lawful <br />money of the United States, for the payment of which sum well and truly to be made, we bind oursolvcs, our <br />heirs, successors, executors and administrators, jointly and severally, firmly by these presents. <br />*Forty One and 601100 <br />The contrition of this obligation is such that if the above bounded Principal, his or its heirs, executors, <br />administrators, snocessors or assimts, shall in all things stand to and abide by, and well and bury keep and <br />perform the covenants, renditions and provisions in the send agreement and any alteration thened made as <br />therein provided, on his or their part, to be kept and performed at die time and in the manner therein specified, <br />and in all respects according to their true intent and meaning and shall indemnify and save boniness City, its <br />officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it <br />shall be and remain in full force and effect, <br />As part of Ute obligation secured hereby and in addition to the face amount sl=ified therefor, there shall be <br />included costs and reasonable experses and fees, including reasonable attorney's fees, incurred by City in <br />successfully enforcing such obligation, all to be taxed as costs and 'included in any judgnwnl rendered, <br />0— <br />tv^ NU \ <br />l l <br />
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