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AgdaPkt 2015-04-13 Closed and Joint SA and PFA REVISED 04_10_2015
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AgdaPkt 2015-04-13 Closed and Joint SA and PFA REVISED 04_10_2015
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Last modified
4/15/2015 8:11:02 AM
Creation date
4/9/2015 4:34:15 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/13/2015
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7.1.A. - Page 35 <br /> The Surety hereby agrees, for value received, that its obligations under this bond shall <br /> in no way be impaired or modified by any modification to the Agreement by the City and <br /> the Principal, and the Surety hereby waives notice of any such modification. <br /> In the event suit is brought upon this bond, the surety shall pay reasonable attorneys' <br /> fees and costs incurred by the prevailing parties in such suit, which fees and costs shall <br /> be in addition to the face amount of the bond. <br /> IN WITNESS WHEREOF, the undersigned represent and warrant that they have <br /> the right, power, legal capacity, and authority to enter into and execute this document <br /> on behalf of the Principal and the Surety, and have caused this document to be <br /> executed by setting hereto their names, titles, and signatures. <br /> ATTEST: <br /> Principal <br /> (SEAL) <br /> By (s) <br /> (Witness as to Principal) <br /> • <br /> (Address) <br /> (Address) <br /> Developers Surety and Indemnity Company <br /> ATTEST: ! Surety <br /> Witness to Surety Attorney-in-Fact Robin S.Westfall <br /> 17771 Cowan,Suite 100,Irvine CA9261,4 <br /> (Address) <br /> If PRINCIPAL is partnership, all partners must execute BOND. <br /> ATTYIAGR/FQRM SUBDIVISION IMPROVEMENT AGREEMENT <br /> REV:0341-14 VR <br /> Page 20 of20 <br />
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