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<br />SUBDIVISION IMPROVEMENT AGREEMENT - TEMPLATE <br />CITY ATTORNEY APPROVED VERSION REV: 04-26-2021 SK <br /> <br />Page 21 of 23 <br />This bond is executed and filed to comply with the provisions of the act of the Legislature <br />of the State of California as designated in Civil Code sections 9550-9566, inclusive, and <br />all amendments thereto. <br />The Surety hereby stipulates and agrees that no change, extension of time, alteration or <br />addition to the terms of the Agreement or to the work to be performed thereunder or the <br />specifications accompanying the same will in anywise affect its obligations on this bond, <br />and it does hereby waive notice of any such change, extension, alteration or addition. <br /> <br />IN WITNESS WHEREOF, the above bounden parties have executed this instrument <br />under their seals this _____day of _________________________,20____ the name and <br />corporate seal of each corporate party being hereto affixed and these presents duly <br />signed by its undersigned representative, pursuant to authority of its governing body. <br /> <br />ATTEST: <br />________________________ <br />Principal <br />______________________________________ <br />(SEAL) <br />By ___________________(s) <br /> <br />_______________________________________ <br />(Witness as to Principal) <br /> <br />_______________________________________ <br />(Address) <br />____________________________ <br />(Address) <br /> <br />____________________________ <br />Surety <br />ATTEST: <br />______________________________________________________________________ <br />Witness to Surety Attorney-in-Fact <br /> <br />__________________________________________________________________ <br />__________________________________________________________________ <br />(Address) <br />If PRINCIPAL is partnership, all partners must execute BOND. <br /> <br />7.H. - Page 25 of 27 <br />136