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07-E T-Hangar Contract Award
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August 13, 2001
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07-E T-Hangar Contract Award
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Last modified
11/8/2005 11:24:25 AM
Creation date
8/10/2001 12:18:24 PM
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AGENDA
Item Number
7-E
AGENDA - Type
RESOLUTION
Description
Award Bid - T-Hangar Construction
AGENDA - Date
8/13/2001
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BID BOND <br /> <br /> BOND NUMBER <br /> <br />KNOW ALL MEN BY THESEPRESENTS: <br /> <br /> THAT <br /> <br /> of <br /> <br /> as Principal, and <br /> <br /> as Surety, are held and firmly bound unto THE CITY OF <br />PARIS, PARIS TEXAS, as Obligee, in the full and just sum of <br /> Dollars, lawful money of the United <br />States, for the payment of which sum, well and truly to be made, we bind ourselves, our heirs, <br />executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br /> <br /> WHEREAS, the said Principal is herewith submitting its proposal for the construction of a <br />NESTED T-HANGAR, complete in place. <br /> <br /> THE CONDITION OF THIS OBLIGATION is such that if the aforesaid Principal shall be <br />awarded the Contract the said Principal will, within the time required, enter into a formal Contract <br />and give a good and sufficient Bond to secure the performance of the terms and conditions of the <br />Contract, then this obligation to be void; otherwise the Principal and Surety will pay unto the <br />Obligee the difference in money between the amount of the Bid of the said Principal and the amount <br />for which the Obligee legally contracts with another party to perform the work if the latter amount <br />be in excess of the former, but in no event shall liability hereunder exceed the penal sum hereof. <br /> <br />Signed, sealed and delivered <br /> (date) <br /> <br /> (seal) <br /> <br /> (seal) <br /> <br /> SURETY <br /> <br /> Attorney-in-fact <br /> <br /> 15 <br /> <br /> <br />
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