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PCA - East Bank Trail Leeper Ave. Bridge Repairs Proj No. 121-075 - Milestone Contractors North, Inc.
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PCA - East Bank Trail Leeper Ave. Bridge Repairs Proj No. 121-075 - Milestone Contractors North, Inc.
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4/15/2025 11:22:33 AM
Creation date
2/28/2023 11:25:46 AM
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Board of Public Works
Document Type
Projects
Document Date
2/28/2023
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MAINTENANCE BOND <br />Bond No. MNT30169810 <br />KNOW ALL PERSONS BY THESE PRESENTS, That we Milestone Contractors North. Inc. <br />of <br />24358 State Road 23 South Bend, IN 46614 , hereinafter <br />referred to as the Principal, and Continental Casualty Company , <br />as Surety, are held and firmly bound unto City of South Bend <br />of 227 West Jefferson Blvd. South Bend. IN 46601 , hereinafter <br />referred to as the Obligee, in the sum of Eiahteen Thousand Five Hundred Fifty Eight Dollars and 40/100 <br />Dollars ($ 18,558.40 ), 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 <br />dated <br />August 23 2022 , for Pro'ect No. 121-075� East Bank Trail Over Leeper Avenue <br />Bridge Repairs <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 . <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 year(s) from and after <br />then this obligation shall be void, otherwise to remain in full force and effect. <br />SIGNED, SEALED AND DATED this 11th day of November 2022 <br />®1v0 `ortr a c to <br />Milestone Contractors rth <br />`ipal)/BV <br />o,: �pRP 0 RgTF <br />tin P. Wilary, Director of Estitin'g�Y.ti����e``` <br />Continental Casualty Com <br />By <br />Angela I"iley , Arey-ln�Eact � <br />9 <br />Form F4591 • "� <br />
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