PCA - Randolph Park Area Improvements Proj No. 120-049 - Milestone Contractors North, Inc.

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MAINTENANCE BOND Bond No. MNT30154511 KNOW ALL PERSONS BY THESE PRESENTS, That we Milestone Contractors North, Inc. 24358 State Road 23 South Bend IN 46614 Of , hereinafter referred to as the Principal, and Continental Casualty Company as Surety, are held and firmly bound unto City of South Bend of 227 West Jefferson Blvd, South Bend IN 46601 , hereinafter referred to as the Obligee, in the sum of Thirteen Thousand Nine Hundred Forty Six Dollars and 50/100 Dollars ($ 13,946.50 ), for the payment of which we bind ourselves, our legal representatives, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the said Principal entered into a contract with the Cite of South Bend dated April 12 2022 , for Randolph Park Area Improvements: Project No. 120-049 WHEREAS, said contract provides that the Principal will furnish a bond conditioned to guarantee for the period of Three ( 3 ) year(s) after approval of the final estimate on said job, by the owner, against all defects in workmanship and materials which may become apparent during said period, and WHEREAS, the said contract has been completed, and was approved on NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH that, if the Principal shall indemnify the Obligee for all loss that the Obligee may sustain by reason of any defective materials or workmanship which become apparent during the period of Three (--.L—) year(s) from and after then this obligation shall be void, otherwise to remain in full force and effect. SIGNED, SEALED AND DATED this Fo m F4591 22nd day of September 2022 �llIrrrll� I��,�ctors N �� ,�� opt.•,........,, o,�� i �+ Milestone Contractors North, Inc. �tA7E C (Principal) By Dustin P. Hilary, Director of Estima°t%1grrFrrl1tt��` v Continental Ca Angela M.Riley 0 i w ° � a