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MAINTENANCE Travelers Casualty and Surety Company of America <br />BOND Hartford, CT 06183 <br />Bond No.: 107860834 <br />KNOWN ALL BY THESE PRESENTS: That we Rieth-Riley Construction Co., Inc. I <br />as Principal, and Travelers Casually and Surety Company of America , a corporation <br />organized and existing under the Laws of the State of Connecticut as Surety, are held and <br />firmly bound unto City of South Bend , as Obligee, in <br />the total sure of Two Hundred Fortv One Thousand Nine Hundred -Forty Dollars and 04/ ight E a I 00 <br />Dollars ( $241,948.04 _) for the payment whereof said Principal and Surety <br />bind themselves, jointly and severally, as provided herein. <br />WHEREAS, the Principal entered into a contract with the Obligee dated November 8, 2022 <br />for Project #122-048 2022 Contractor Paving Round 3 <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 Three (3) year(s) commencing on August 30, 2023 -(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 />,�eemed 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 31st day of August J 2023 <br />Rieth-Riley Construction Co., Inc. <br />(Principal) <br />By: <br />Travelers Casualty and Surety Company of America <br />By: <br />Linda Discenza Attorney -in -Fact <br />