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Right of Way Performance and Completion Bond - Single Job <br />Continuous <br />Bond No. ACCO021254 <br />KNOWALL MEN BY THESE PRESENTS: <br />THAT WE RealAmerica Construction, LLC., as Principal, and <br />Alle-gheny Casualty Company a <br />corporation duly incorporated under the laws of the State of New Jersey and authorized to do business in the <br />State of I n d i a n a, as Surety, are held and firmly bound unto City of Indiana, as Obligee, in the penal <br />sum of Three Hundred Fifty Nine Thousand Four Hundred Ninety Seven and 50/100-- <br />($359,497.50) Dollars, for the payment of which we hereby bind ourselves, our heirs, executors and <br />administrators, jointly and severally, firmly by these presents. <br />WHEREAS, the Principal has obtained or is about to obtain a permit for purposes of performing the following <br />work in the public right of way: Potential Replacement of Infrastructure within Right of Way <br />(the "Permitted Work"); and <br />WHEREAS, the Principal is required to maintain a performance and completion bond guaranteeing that either <br />the Permitted Work will be completed in its entirety or the public right of way will be restored to its condition prior <br />to the commencement of the Permitted Work if the Principal fails to complete the Permitted Work to the <br />satisfaction of the Obligee. <br />NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that if the Principal shall <br />faithfully comply with all applicable laws, statutes, ordinances, rules or regulations pertaining to the Permitted <br />Work, and shall either complete the Permitted Work in its entirety or restore the public right of way to its <br />condition prior to the commencement of the Permitted Work, then this obligation shall be null and void; <br />otherwise to remain in full force and effect. <br />This bond shall become effective on April 16, 2024 <br />PROVIDED, that regardless of the number of years this bond is in force, the Surety shall not be liable <br />hereunder for a larger amount, in the aggregate, than the penal sum listed above. <br />PROVIDED FURTHER, that the Surety may terminate its liability hereunder as to future acts of the Principal <br />at any time by giving thirty (30) days written notice of such termination to the Obligee. <br />SIGNED, SEALED AND DATED this April 16 2024 <br />Real ica CQriStrLiCtl , LLC <br />Principal <br />Alleghenf7ai11t,y C pany <br />By: 4ert Attorney -in -fact <br />