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I 'emPeI;. <br /> <br />BI'D OR PROPOSAL BOND <br /> <br />BOND NO. TBD <br /> <br />KNOW ALL MEN BY THESE PRESENTS, <br /> <br />THAT WE, PHOENIX ! RESTORATION & CONSTRUC'r'~ON, LTD. of DALLAS, TEXAS (hereinafter called <br />the Principal), as Principal, and AMERICAN MANUFACTURERS MUTUAL INSURANCE COMPANY, a <br />corporation, organized and existing under the laws of the State of Illinois and authorized to become <br />surety in the state of TEXAS (hereafter called the Surety) as Surety, are held and firmly bound unto <br />CI-I'Y OF PARIS, TEXAS (hereinafter called the Obligee) in the penal sum of FIVE PER CENT OF THE <br />GREATEST AMOUNT BID Dollars ($5% OF G.A.B.) for the payment of which the Principal and the <br />Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and <br />severally, firmly by these presents. <br /> <br />WHEREAS the Principal has submitted or is about to submit a proposal to the Obligee on a contract <br />for PROPOSED IMPROVEMENTS: PARIS SANTA FE-FRISCO DEPOT. <br /> <br />NOW, THEREFORE, the condition of this obligation is such that if said contract be awarded to the <br />Principal and the Principal shaft, within such time as may be specified, enter into the contract in <br />writing, and give bond, with Surety acceptable to the Obligee for the faithful performance of the said <br />contract; or if the Principal shall fail to do so, pay to the Obligee the damages which the Obligee may <br />suffer by reason of such faiture, not exceeding the penalty of this bond, then this obligation shall be <br />void; otherwise to remain in full force and effect. <br /> <br />SI'GNED, SEALED AND DATED THI'S 28TH DAY OF AUGUST, 2001. <br /> <br />BY Dale~llers, ~l~l't~"t'd~E.O. of General Pa <br />American Manufacturers Mutual Insurance Company <br /> <br /> Bouglas Moore, Attorney-in-Fact <br /> <br />WTrNESS: ,-,. /'~ ,~ <br /> <br />FA 066-2 Bid or Proposal Bond <br /> <br /> <br />