Laserfiche WebLink
MAINTENANCE BOND <br />Bond No. MNT30167905 <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 Casuat 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 Four Hundred Fifty Six Thousand Six Hundred Thirty Nine Dollars and 57/100 <br />Dollars ($ 456,639.57 ), 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 9 2022 , for Project No. 122-024R; 2022 Community Crossings Road <br />Rehabilitation <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 Seetembr 28th, 2023 <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 ( 3 year(s) from and after 9 / 28 7 2 0 2 3 -- <br />then this obligation shall be void, otherwise to remain in full force and effect. <br />SIGNED, SEALED AND DATED this 22nd day of November - 2023 <br />Milestone Co(AFerc-t9es North, Inc. <br />f (Principal) <br />Continental Casualty <br />Angela <br />Forth F4591 <br />Director of Esti <br />tC actors <br />=�r QRATf 'S <br />iati*/,`r ►Nd10,�e` <br />1 g57 <br />