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HomeMy WebLinkAbout31F "4, BOND TO THE C I TY OF RENTON KNOW ALL MEN BY THESE PRESENTS: Th., e, the undersigned principal, and corporation organized nd existing under the laws of the State of as a surety corporation, and qualified under the laws of the State of Washington to becc"e surety upon bonds of contractors with municipal corporations, as surety are jointly and severally held and firmly bound to the City of Renton in the penal sum of $ for the payment of which sum on demand we bind our- selves and our successors, heirs, administrators or personal representatives, as the cas: may,b:. Thi obi 9 tion is entered into in pursuance of the Statutes of the State of Washing- ton, the Ordinance of the City of Renton. Dated at Washington, this day of 19—. Nevertheless, the conditions of the above obligation are such that: WHEREAS, undei and pursuant to Ordinance (or Resolution) No. 2295 providing for (which contract is referred to herein and is made a part hereof as though attached hereto). and i� � I A WHEREAS, the said principal has accepted, or is about to accept, the said contract, and St" undertake to perform the work therein provided for in the manner and within the time V, N set forth; NOW, THEREFORE, if the said M shall faithfully perform all of the provisions of said contract in the manner and within A, the time therein set forth. or within such extcosions of time as may be granted under said contract, and shall pay all laborers, mechanics, subcontractors and materialmen, and all persons who shall supply said principal or subcontractors with provisions and supplies for the carrying on of said work, and shall hold said City of Renton harmless from any loss or damage occasioned to any person or property by reason of any care- lessness or negligence on the part of said principal, or any subcontractor in the per- formance of said work, and shall indemnify and hold the City of Renton harmless from any damage or expense by reason of failure of performance as specified in said con- tract or from defects appearing or developing in the material or workmanship provided or performed under said contract within a period of one year after its acceptance thereof by the City of Renton, then and in that event this obligation shall be void; but other- ise it shall be and remain in full force and effect. AX 4111� Rev i sed: 8/16/83 I—