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MAINTENANCE BOND <br />Bond No. MNT30014654 <br />KNOW ALL PERSONS BY THESE PRESENTS, That we Martell Electric, LLC <br />4601 Cleveland Road, South Bend, IN 46628 of <br />„ . .. ... 11 1 1 ... ............. ... ......... ........ ........... , , hereinafter <br />referred to as the Principal, and Surety Company, 333 S. Wabash Avenue, 41st Floor, Chicago, IL <br />Western .......... ... .... ......., <br />as Surety, are held and firmly bound unto City of South Bend, Indiana, Board of Public Works <br />of ,County -City Building Room 131E 227 W. Jefferson Blvd South Bend IN 46601 hereinafter <br />referred to as the Obligee, in the sum of Two Hundred Sixteen Thousand Nine Hundred Thirty Six and <br />Dollars $ 216,936 9.3 <br />( ..... _ _. ...�.�.. ), for the payment of which we bind ourselves, our legal representatives, successors <br />and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the said Principal entered into a contract with the City of South Bend Indiana Board of Public Works <br />dated <br />December 21 2017 for Jefferson & Twyckenham Signal Improvements, <br />Project No. 116-027 <br />WHEREAS, said contract provides that the Principal will furnish a bond conditioned to guarantee for the period of <br />Three ( 3 ) year(s) after approval of the final estimate on said job, by the owner, against all defects in <br />workmanship and materials which may become apparent during said period, and <br />WHEREAS, the said contract has been completed, and was approved on � November 6 2018 <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH that, if the Principal shall indemnify the <br />Obligee for all loss that the Obligee may sustain by reason of any defective materials or workmanship which <br />become apparent during the period of _ Three ( 3 ) year(s) from and after November 6 2018 <br />then this obligation shall be void, otherwise to remain in full force and effect. <br />SIGNED, SEALED AND DATED this <br />Form F4591 <br />day of . ,,".November,-,,,,,,,�.8 6th 201 <br />Martell Electric LLC <br />