Authorization for Entry Agreement - Drilling Purposes at 3520 Westmoor St. for Environmental Remediation - Honeywell Int. Inc.

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COMPLIANCE BOND BOND NO. SU38693 KNOW ALL MEN BY THESE PRESENTS That we, Woodard & Curran, Inc. of 41 Hutchins Drive Portland ME 04102 (hereinafter called the Principal) as Principal, and Aspen American Insurance Company a TX corporation with principal offices at 175 Capital Boulevard, Suite 300, Rocky Hill CT 06067 (hereinafter called the Surety) as Surety, are held and firmly bound unto City of South Bend (hereinafter called the Obligee), in the penal sum of$1, 000.00 One Thousand Dollars and 00/100 Dollars, for the payment of which well and truly to be made we do hereby bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. SIGNED AND SEALED this 4th day of November, 2020 WHEREAS, the said Pripej alE]nas tna e pr�s about �o itnake application to said Obligee Au on ng ntry poi ublic roperty for ril ing for (a license as) (a permit to) Purposes and Revocable Permit for Environmental Remediation Purposes for a term beginning on November 10, 2020 and ending on November 10, 2021 NOW, THEREFORE, If the Principal shall indemnify the Obligee against any loss directly arising by reason of the failure of said Principal to comply with the laws or ordinance under which such license or permit is granted, or any lawful rules or regulations pertaining thereto, then this obligation shall be void; otherwise to be and remain in fu11 farce and effect. PROVIDED, HOWEVER, AND UPON THE FOLLOWING EXPRESS CONDITIONS: I. This bond shall be and remain in full force during the term of said license unless cancelled in accordance with paragraph 2 below; but if said license or permit was issued for a term of one year or any other specific term, and said license or permit is renewed for one or more specific terms, this bond shall be and is hereby extended to cover during such additional term or terms. In no event, however shall the liability of the Surety be cumulative from one year to year or from period to period, nor exceed the penal sum written in the first paragraph of this bond. 2. The Surety shall have the right to terminate its liability hereunder by notifying "r writing to Board of Public Works, 1316 Coun -Ci Building, 227 W. Jefferson Blvd., South Bend, IN 46601-1830 fen days in advance of its intention as to do. Woodard && Curran, Inc. By: 6 .�...— &�z Aspen American Insurance Company Christine E. Watson Attorney -in -Fact