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MAINTENANCE Travelers Casualty and Surety Company of America <br />BOND Hartford, CT 06183 <br />Bond No.: 107072593 <br />KNOWN ALL BY THESE PRESENTS: That we RIETH-RILEY CONSTRUCTION CO., INC. <br />Y <br />as Principal, and l•rnvele j Casualty y and Suretv Coinvagyod AiMneriea , a corporation <br />organized and existing under the Laws of the State of confle daeut , as Surety, are held <br />and firmly bound unto CITY OF SOU111 BEND DEPARTMENT OF PUBLIC WORKS as Obligee, in the <br />total SUM Of Fifty Four Thousand Seven Hundred Seventy Seven and 43/100 <br />U.S. Dollars (1 54,777.43 ) for the payment whereof said Principal and Surety bind <br />themselves, jointly and severally, as provided herein. <br />WHEREAS, the Principal entered into a contract with the Obligee dated 5/22/2018 for <br />Two -Way Conversion of Colfax Avenue - Pro'ect No. 115-053A <br />("Work"). <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal <br />shall maintain and remedy said Work free from defects in materials and workmanship for a <br />period of 3 year(s) commencing on 3/22/19 (the <br />"Maintenance Period"), then this obligation shall be void; otherwise it shall remain in full force <br />and effect. <br />PROVIDED, HOWEVER, that any suit under this bond shall be commenced no later than one <br />(1) year from the expiration date of the Maintenance Period; provided, however, that if this <br />limitation is prohibited by any law controlling the construction hereof, such limitation shall be <br />deemed to be amended so as to be equal to the minimum period of limitation permitted by <br />such law, and said period of limitation shall be deemed to have accrued and shall commence <br />to run on the expiration date of the Maintenance Period. <br />SIGNED this 11th day of Aprd 2019 <br />(Principal) <br />RIETH-RILEY CONSTRUCTION CO.„ INC. <br />B <br />. <br />Travelers Casually and Surely Company of America <br />By' <br />Sandra M. Nowak , Attorney -in -Fact <br />