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ROAD, WATER & SEWER — CONSTRUCTION <br />BOARD OF COMMISSIONERS <br />ST, JOSEPH COUNTY, INDIANA <br />MAINTENANCE BOND <br />(PUBLIC WORKS) <br />KNOW ALL MEN BY THESE PRESENTS THAT WE, _Selge Construction Co., Inc., 2833 S. I lo' Street, Niles, MI <br />49120_, (Contractor Name & Address) <br />hereafter called the Principal and <br />(Surety Company Name & Address) <br />hereafter called the Surety, are held and firmly bound unto the Board of Commissioners, St, Joseph County, Indiana, and the <br />Civil City of South Bend, Indiana, hereinafter called the Commission, in the amount of 10 percent of the contract bid amount <br />for the sanitary sewer and applicable lump sum items which is the penal sum of Two Hundred Nineteen Thousand, Eight <br />Hundred Twenty -Five and No Cents [$219,825A01_ for payment of which, well and truly to be made, we hereby jointly <br />and severally bind ourselves, our heirs, executors, administrators, successors, and assigns. <br />THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, that whereas the above Principal did on this day, _August 2, <br />2016, enters into a contract with the Commission for Project Description: R&S 91601f2-1: NEW CARLISLE <br />DEVELOPMENT AREA --- WATER & SEWER IMPROVEMENTS which said contract is made a part of this Bond the <br />same as though set forth herein. <br />NOW, THEREFORE, if the said Principal shall well and faithfully do and perform the things agreed by him to be done and <br />performed according to the terms of said contract, and shall pay all lawful claims of subcontractors, materials, men and <br />laborers, for labor performed and materials furnished in the carrying forward, performing or completing of said contract, and <br />furthermore warranting and guaranteeing the workmanship and material in this improvements for a period of time established <br />herein, for a period of three (3) years from the date of final acceptance, and as provided in the contract, we agreeing, and <br />assenting that this undertaking shall be for the benefit of any material, man or laborer having a just claim as well as for the <br />obligee herein, then this obligation shall be void, otherwise the same shall remain in full force and effect; it being expressly <br />understood and agreed that the liability of the surety for any and all claims hereunder shall in no event exceed the penal <br />amount of this obligation as herein stated. <br />The said Surety, for value received, hereby stipulates and agrees that no change, extension oftime, alteration or addition to <br />the terms of the contract or the work to be performed hereunder or the specifications accompanying the same shall in any way <br />affect its obligation on this bond, an it does hereby waive notice of any such change, extension of time, alteration or addition <br />to the terms of the contract or to the work or to the specifications. <br />Signed, sealed and acknowledged in the presence of <br />Contractor <br />Witnesses <br />BOARD OF COUNTY COMMISSIONERS: <br />PRESIDENT —Andrew 1'. Kostielney <br />VICE PRESIDENT --Dave Thomas <br />MEMBER — Deborah A. Fleming, D.M.D. <br />By: <br />Surety—��--�- <br />ATTEST: <br />AUDITOR -- Michael J. Hamann <br />