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MAINTENANCE BOND <br />KNOW ALL MEN BY THESE PRESENT& <br />Bond No. MNT2156816 <br />That Premium Concrete Seryices, Inc_712 Richmond St. Elkhall. M 46516- <br />as Principal, hereinafter call Contractor, and Old Republic Insurance Company <br />Brookfield, W! as Surety, hereinafter call Surety, are held and firmly bound unto <br />City of South Bend Board of Public Works , as Obliges, hereinafter called Owner, in the penal sum of <br />$10,746.15 for the payment whereof Contractor and Surety bind themselves, their heirs, executors, <br />administrators, successors, and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, Contractor has by written agreement, dated July 11, 2017 1 <br />entered into a contract with Owner for Main Street at Washington Street Roadside Improvements; Project No. 116-OOIA I <br />in accordance with the General Conditions, the Drawings and Specifications, which contract is by reference incorporated herein,, <br />and made a part hereof, and is referred to as the Contract. <br />NOW, THEREFORE, the condition of this obligation is such that, if Contractor shall remedy any defects due to faulty materials or <br />workmanship, and pay for any damage to other work resulting therefrom, which shall appear within a period of �_year(s) <br />from the date of substantial completion of the work provided for in the Contract, then this obligation to be void; otherwise to <br />remain in full force and effect. <br />Bond shall be effective from December 1, 2017 to December 1, 2020, <br />PROVIDED, HOWEVER, that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness. <br />SIGNED and sealed this 4th day of December _t 2017 <br />Premium Concrete Services, Inc. <br />Principal <br />Bv (Seal) <br />Titte 0- <br />&ZLI <br />Old Republic Insurance Company <br />By <br />(Seal) <br />Jennifeyt, asznia Aft6rniey /1'0 act <br />