My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
RecDoc 2019-035636
RedwoodCity
>
City Clerk
>
Recorded Docs CC&Rs
>
Recorded Docs 2013-2020 Additional sub folders
>
Recorded Documents 2013-2023 (additional sub folders)
>
Improvement Agreement
>
RecDoc 2019-035636
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/4/2019 11:15:09 AM
Creation date
5/14/2019 11:26:05 AM
Metadata
Fields
Template:
Recorded Docs
Recorded Docs - Type
Agreement
Subject
851 Main St.
Doc Num
2019-035636
Rec Date
5/13/2019
APN
053-233-060, 070,110,120
Address
851 Main St.
Parties
855 Main St., RWC, LLC
MO Ref
MO 18-238
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
23
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Exhibit D <br />FORM OF WARRANTY BOND <br />(SUBDIVISION) <br />WHEREAS, the City of Redwood City ("City"), County of San Mateo, State of <br />California, and , (hereinafter designated <br />as "Principal") have entered into a Subdivision Improvement Agreement dated <br />, 20_ ("Agreement"), the terms and conditions of which are <br />incorporated herein by reference, whereby Principal agrees to install and complete <br />certain designated public improvements for the following project: <br />851 Main Street <br />WHEREAS, said Principal is required under the terms of said Agreement to <br />provide a warranty security. <br />NOW, THEREFORE, we, the Principal and of <br />organized and existing under the laws of the State of <br />duly licensed to transact surety business in the State of California and <br />authorized to execute bonds and undertaking as sole surety, as Surety, are hereby held <br />and firmly bound unto the City in the amount of Thirteen Thousand Three Hundred Ninety <br />Four 90/100 Dollars ($13,394.90), for the payment of which sum well and truly to be made, <br />we bind ourselves, our heirs, successors, executors and administrators, jointly and <br />severally, firmly by these presents.. <br />THE CONDITION OF THIS OBLIGATION IS SUCH THAT, if principal (or its <br />heirs, executors, administrators, successors, or assigns approved by the City) performs <br />the covenants, conditions, and obligations of the warranty requirements of Section <br />13.1(c) of the Agreement, including the obligation to indemnify, defend, and hold <br />harmless the City, set forth in Section 17, then this obligation shall become null and <br />void; otherwise it shall be and remain in full force and effect. <br />The Surety's obligation under this bond shall hold good for a period of one (1) year from <br />the date of the City's acceptance of said work. <br />The Surety's obligation under this bond shall arise after the City has provided written <br />notice to the Surety, at the address set forth below, of the Principal's default under the <br />Agreement, and the Principal's failure to cure the default in accordance with the terms <br />of the Agreement. <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 />ATTY/AGR/2018.215/ 855 MAIN STREET RWC, LLC IMPROVEMENT AGREEMENT <br />REV: 10-11-18 PR Page 19 of 20 <br />
The URL can be used to link to this page
Your browser does not support the video tag.