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6.2.A. - Page 19 <br />BOND NO. DAACSU0656194 <br />EX14MIT B <br />FORM. OF FAITHFUL PERFORMANCE BOND <br />. (SUBDIVISION) <br />KNOW ALL�M-FN BY THESE, PRESENTS., the pity. of Redwood Clty.("City"), County of &111 <br />Mateo., Statd df Callforilla, and R <br />,X.Q. h-,qimprovement <br />r_ _tpft_,__��q, (ijerelnaft'0 de'�ignated as <br />"PriqQipal") - have entered into a SOWVision i.mProve M`dnt"A. grOement dated <br />A.'l 5 ("Aqroerne6i 7), the- t6revip, and. OndiVions of vV616h are iftcofpqrated- here y � � in b roforonce' <br />­ N <br />tjhor eoy PdQiqlpal agrees to install and (x3rflpleto qert�in designtated. public improljorhont!for the <br />folt0wing project; <br />_BLU HARROR <br />WHRREAS, said Pflnoi0al is required under the terms of said Agroorpent to furniu.h a' bond- fbr- <br />Ahe.Uthfml Performance of said Agreement; <br />NOW, THERE-FQRE, we, t . he Rrincigal, and Allegheny Casualty Company <br />organized .and existing -under thei. laws of the $t0te Of PA aid aijthorized to kecOtO <br />bunds and wdoitaking a.0 su[o-surety ln'tha iftte of Qalifornlo,,asSqTety, aro hold aftd firmly <br />bound on(91116 Qlty.of Redwood Gity, Qojjrit� of San .Matey, State of"GWIf0mia, in: the ponal <br />sum. of Eight Million Seven Hundred Sixty* ($8,760,'611.00 )15wful <br />Money of the United States, for 00 pqnient of whichsurn Weil and truly to bo -rade; we bihd <br />ourselves, our hefrs; sucoe�sbts, executors and admlolr�triatbrs, j16intly atid -'s4veraljy, firiMy :by <br />thes'elpresents. *Thousand Six Hundred Eleven' and 00/1.00 'Do'llars.: <br />This 40nd is &Ocuted 81hd filed.to comply witti. the prqvlsion!� of the.act bf.the .Leg.]Wature of the, <br />State of (California '0$ designated 0 Government Go6le S-Opti(ins. 66499 and 6049.0.1 and. all <br />arne iTdrnObts tho'fetQl' <br />THE. CONDITIQt OF THIS 0.811LIGATION IS. SUCH that it tho above bounden. Prindp_al, his or <br />its. heirs, executdrs, admin1drators, suor-easors or assigns, shall In, -all thihqand abldo <br />-o-onoltions and provj!'�ldns ki the <br />by, ohs well,and"truly kelp and fi!Jt pe4rrn the poV660.nt <br />spid AgreornerIt'-and arty qlWaVon L theroof made as.Ahpreln. provided, on his or thlolr port, to ba <br />kept and., performed at the tirne:sind In the, maiwor- thetela, specified; and',ln ali resper'A'5 <br />according to L thoir <br />tripe, <br />meaning, �6d shall ind6mnlfy and save h, n*asE.; Clty, its <br />Council, Urnmissloriersi boardq,-'coj)1rnitteo.s,: officers, agents art( ernplpyees, as thorehi <br />void; other . W�e it shall. bo and rornaI4 In full <br />ztipulAtad, (hen beco'i-ne o6fl ins <br />f6rceand effec t. <br />As a part of the Wfqat[On secured heroby and in addlWri to the f;Ace arhount Seclflod therefor", <br />there shall be in6ludedthere shall be included costs and reasQnablo e� pq6eea 00 fees <br />Including reasonalbip att . ornq�yls,fqos, incurred by City in- 'afi, obli <br />on, <br />all to be -Wed as dusts and lndllud6d in any judgmant- render6d.. <br />The Surety berei)y stipufaf08 and -agreo_g that no chailqO, extension 6f'fi e, 01totation or. <br />Wdition tai tho tpirms Qf 1he Aq�eerfiont Or to the world tq oe performed thoW.Un h. <br />.0pecifications ac-q.oibpdnYIn0 the sarne §hAII in ahY%Wsb �� nt U obljoiatio.n§ on. this. bond, and it, . <br />does hereby. waive notice of any such c ' hang6; ox.tenslon of time, alteration or addition to tho <br />term's.df the ogreaniont or- to -the w6 . rk or to the speciflioations. <br />RFV: VO <br />Page 1am <br />ATTY/AGR.2016.115/8W HLirbar <br />