Long Term Occupancy Permit - 1130 South Bend Ave.

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i BOARD OF PUBLIC WORKS �r South Bend, Indiana at RIGHT-OF-WAY OCCUPANCY BOND " BOND NO. PB00567400015 Know all Men These Presents, that: 5201 East Terrace Drive Suite 300, Madison, WI 53718 l jort�,r�n t onstruc tion Gr0gj .Jn S:.. _ Address, City, Zip Contractor 608.354.0866 Phone Number As Principal and One Bala Plaza Suite 100, Bala Cynwyd PA 19004 I �2aia�l l Naga It3d"pLi tymInssut tdtcc Cant aany Address, City, Zip Insurance Agency 630.300.2457 Phone Number as sureties do hereby bind themselves, their heirs, executors, administrator and assigns, jointly and severally, to the City of South Bend (hereinafter "City") for the payment of Five Thousand Dollars ($5,000.00). The condition of this obligation is such that if the above Contractor shall in every detail execute and complete all work undertaken by him in the streets and alleys of said City and on the sidewalks and driveways located on private property but connecting to the streets and alleys of said City to the satisfaction of the Board of Public Works (hereinafter `Board") and according to the general and special specifications adopted by said Board for right-of-way occupancy. Whenever occupancy of the public tight -of -way shall be granted under permits from said City, the contractor shall complete his work in a workmanlike manner and shall covenant to restore the occupied right-of-way to a like or better condition than existed prior to the permitted use upon conclusion of the approved occupancy. When occupancy is undertaken in the public right-of-way, the contractor shall properly barricade and provide signage throughout the entirety of the obstructed path in a manner approved by the Board. The Contractor shall immediately, whenever called upon, correct any improper traffic control plan such that traffic is diverted in a manner satisfactory to the Board and operates in the best interest of the public. The Contractor shall conform to all standards enumerated in the City municipal code when erecting any barricades and signage for public occupancy. All resulting damages from bad workmanship in the occupied zone shall be removed and repaired in a timely manner as determined by the Board or property owner. Every property owner who has work done under private contract shall have a right of action on this bond. All parties shall forever save said City harmless from any loss or liability incurred through his fault. It is hereby agreed between said parties that this bond shall be independent of all licenses and permits granted by said City and shall not be affected by the renewal, renovation, extension, suspension or expiration of such licenses and permits. This bond shall obligate all of said parties in each and every case of work done, and shall continue to so obligate said parties until a written release from the obligation herein assumed shall have been given by said City through its Board. A request for release must be made to the Board at least thirty (30) days in advance of the expiration date. A yearly Continuation Certificate must be provided to the Board on or before the expiration date. In the event that said City shall extend time to the above bound principal or principals, for the performance of any contract work, or shall alter any contract with said principal or principals, such extension or alteration shall not in any way operate to release the sureties on this bond. Dated this 2list da,yof February ,20-1L. wel _. Contractor Signature Printed Name of Person Signing Ikuitlt9ft8a6rStawit"tt4Otl._.. Insurance Company Printed Name of Person Signing Roxanne Jensen, Attorney -in -Fact