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17 Tue sd. ay, 6eptembe r I6t h. , I930 . <br />the subgrading preparatory to mceiving the pavement cannot be determined at this time, <br />and. <br />Whereas, the said "Owner" owns all of the property abutting upon the <br />portions of said streets being improved under said Improve Mint Resolution Numbered <br />2305, and which abutting property so owned by the "Owner" is subject to assessments <br />for said improvement, and <br />Whereas, said "Owner" said "Contractor", said Willis tonConstruction Co,, <br />and the City of South Bend all agree that it will be for the benefit of all parties <br />concerned and in the public interest that the finishing of the sub -grading preparatory <br />to receiving the pavement will be postponed, and <br />'Whereas, the "Owner desires that the finishing of the sub -grading pre- <br />paratory to receiving the pavement be postponed, and is willing that the work done by <br />the Williston Construction Company and the "Contractor" be accepted by the said City <br />of South Bend, and is willing that the assessments for the improvement be assessed <br />and spread of record by the.Board. of Public Works of said city, and that such assess- <br />ments cover the contract price of said improvement, <br />Now, therefore, the parties hereto, each fcr and in consideration of <br />the promises and agreements of the others herein contained, promise and agree as <br />f ollows : <br />(I) The "Owner" promises, covenants and agrees that the work now per- <br />formed under sitid Resolution Numbered 2305 may be accepted by the Board of works of <br />said city as a substantial performance under said construction Resolution Numbered <br />2305, and that said Boardof Works may immediately proceed to the completion and spread <br />of an assessment poll upon the property of the "Owner" covering the entire contract <br />price of the construction contract between said city and the Williston Construction <br />Company under said ne soluti on Numbered 2305, and the "Owner" fuather covenants and <br />agrees that it will file no remonstrance against such assessiont roll or any of the <br />assessments therein fixed and determined, and will pay said assessment in accordance <br />with the special assessment laws of. the State of Indiana. <br />(2) In the event that the Board of Public Works of said city does ac- <br />cept the work now performed under said Resolution Numbered 2305 as substantial per- <br />formance under said Construction Resolution Numbered 2305, and pays the full contract <br />price therefor to the said Williston Construction Company, then the said. "Contractors" <br />promises, c Ovenants and agrees that it will promptly and without delay upon the demand <br />df said Bendix Realty Company made upon the said "Constructor' at any time uith in three <br />(3) years from the date of this contract furnish all materials and do all of the work <br />including excavating, filling and grading requisite and necessary for finishing of the <br />sub -grading of the portions of said streets included in said Resolution Numbered 2305 <br />preparatory to receiving the pavement, and said "Contractor" further promises and <br />agrees that the price for its pe rformanc e her eund er shall be not to exceed Ten Cents <br />per square yard. <br />(3) It is understood and agreed that the number of square yards embraced <br />in said work is a.pproxima.tely Thirty*One Thousand (31 000). <br />(4) It it further understood and agreed by and between the parties hereto <br />that this contract shall be and continue in full force and effect and binding upon the <br />parties hereto, notwithstanding that the City of South Bent' will accept, approve and <br />pay f or the work cdnne by said Williston Construction Company and said "Co:.tra ctor" <br />under said hesolution Numbered 2305, and. not withstanding the said city shall assess <br />the property of the "Owner" for the full amount of t re construction price under said <br />contract between said I'villiston Construction Company and the said city of South Bend.. <br />(5) It bs further understood and_ agreed that the work which may be <br />required hereunder of the "Contractor" shall be done and performed prior to the laying <br />of any pavement, and at such time and in such manner that said work shall not be in - <br />eluded in plans and specifications adopted by the Board of Public Works of said cit- <br />for the construction of navement on said portions of said streets. <br />(6) For the faithful performance of ali and singular the terms and <br />agreements of this contract contained and to be observed and performed by the "Con- <br />tr^ctor", the "Contractor" as primcipal, and the "Surety" herein, in consideration of <br />the premises herehy jointly and severally bind themselves and their respective suc- <br />cessors and assigns unto the said "Owner" in the )rincipa 1 sum of Three Thousand <br />($3,000.00) Dollars, lawful monies of the United States. <br />In witness whereof, the said parties hereto have caused this instrument <br />to be executed on their several behalves by their respective officers and their re- <br />spective seals affixed in triplicate on the day and date first above written. <br />ATTESTED: Walter J. Buettner <br />SECRETARY <br />ATTESTED: <br />FRED W. FR ATE SECRETARY <br />BENDIY. REALTY C OITANY <br />BY ELMR M. KASDORF PRESIDENT <br />FRAI M AND ZI MII R , INC. <br />BY Cl\,RL E. ZIMER PIESIDENT <br />• <br />0 <br />• <br />0 <br />0 <br />0 <br />• <br />