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AgdaPkt 2019-02-11 Joint SA PFA
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AgdaPkt 2019-02-11 Joint SA PFA
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Last modified
10/2/2020 10:30:18 AM
Creation date
2/7/2019 5:10:32 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
2/11/2019
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6.C. Page 24 of 37 <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 />(SEAL.) <br />(Witness as to Principal) <br />(Address) <br />Principal <br />B (S) <br />(Address) <br />Surety <br />ATTEST: <br />Witness to Surety <br />(Address) <br />Attorney -in -Fact <br />If PRINCIPAL is partnership, all partners must execute BOND. <br />ATTYIAGRI2015.1271718 CANYON SUBDIVISION IMPROVEMENT AGREEMENT <br />REV:06-22-15 VR <br />Page 20 of 20 <br />74 <br />
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