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14-Deliberate and act on a Resolution awarding the bid and awarding the contract for the Texas Capital Fund Street Improvements Project
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14-Deliberate and act on a Resolution awarding the bid and awarding the contract for the Texas Capital Fund Street Improvements Project
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8/22/2012 3:54:53 PM
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3/5/2010 5:31:34 PM
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CITY CLERK
Doc Name
14
Doc Type
Agenda
CITY CLERK - Date
3/8/2010
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BiD BOND <br />KNOW ALL MEN BY THESE PRESENTS, that we ihe under5ig(1edptepnens & sons concrece Contractors, Incag <br />~ PRINCIPA!„ and SureTec Insurance Comoanv , as SUREN are held and tirmiy <br />baund unto cit of Paris hereinafter calied the "Owner", in the penal sum <br />Of Five Percent of Greatest Amount Bid Dollars, 5% GAB 13VYfu1 maney Of the <br />~ Unlted States, for the payment of whioh sum welf and ttuly to be made, we bind ourselves, our heirs, <br />execu2ors, administrators, successors, and assigns, jointly and severally, firmly by these presents. <br />~ <br />THE CONDITION OF THfS OBLIGATIpN !S SUCH, that whereas the Principal has submitted the <br />Aecompanying 81d, daied March 2, 2010 , for Math and Science Classroom Addition to Hiqh School <br />NOW, THEREFOR, if the Principaf shall not withdraw said Bid within the period specified fherein afier <br />the opening of trie same, or, if no period be specified, wiihin thirty (30) days after the said opening, <br />and shalt wl2hin the periad specified therefor, or if no period be specif+ed, within ten (10) days after the <br />prescribod forms are presented to him for signature, enter into a written contract with the Owner in <br />accordance with the Bid as accepted, and. give bond wiin gaod and sufficient surety or sureties, as <br />may be required,- for the faithful perfotmance and proper fulfilfinent af such aontract; or in the event of <br />the withdrawal of said Bid within the period specified, or the failure to enter inte such Contract and <br />give such bond within the time specifred, if the Ptincipal shall pay the Owner the differanae between <br />the amount specified in said 8id and the amvunt fvr which the local Pubtic Agency rnay procure the <br />required wvrk or supplies or both, if ihe latter be in excess of the former, then (he,above obligation <br />shall be vaid and of na effect, otherwise lo remain in full torce and virtue. <br />IN WITNESS THEREOF, the above-bounded parties have executed this instrument under their <br />several seais this 2nd day of March 2010 , the name end corporate seal of <br />each corporate party being hereto affixed and these presenE signed by its undersigned representative, <br />pursuant to authority of its governing body. <br />{SEAL) <br />v 6'/~z'`T"') <br />I Attest: <br />I Attest: <br />(:>E.AL) <br />Hytl X <br />CorparaYe <br />Seai <br />BY= <br />Affix <br />Corporate <br />5ea1 <br />Attest; <br />Countersiq ned <br />I , <br />" AttArhey-in-i-a;~t, State of <br />9 <br />By: <br /> <br />o0~ 5~ <br />
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