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AgdaPkt 2012-03-19
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AgdaPkt 2012-03-19
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Last modified
3/20/2012 2:54:48 PM
Creation date
3/15/2012 5:34:10 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Special
Agency Type
City Council
Date
3/19/2012
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I. 6.1. B. - Page 27 <br />Bond No. PBO1989700007 <br />Premium: $1,335.00 <br />SUBDIVISION TAX BOND <br />KNOW ALL MEN BY THERE PRESENTS: <br />That we, 333 Main Street RWC, LLC <br />(Principal) <br />d /b /a/ 333 Main Street RWC, LLC , as Principal and the P hiladelphia <br />I ndemnity Insurance Company , a corporation created, organized <br />(Surety) <br />and existing under -and by virtue of the laws of the State of Pennsylvania <br />, as Surety, are held and firmly bound unto the COUNTY OF SAN MATEO <br />, State of California, in the penal sum of Eighty Eight Thousand Nine <br />Hundred Sixty Nine Dollars and 83/100 ( $ 88,969.83 ) DOLLARS, lawful money of the <br />United States of America, for the payment of which sum well and <br />truly to be made, we bind ourselves, our heirs, executors, successors <br />and assigns, jointly and severally, firmly by these presents. <br />THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, that, WHEREAS, <br />the s aid 3 33 Main Street RWC, LLC owners of <br />(Principal) <br />a tract of land representing a certain subdivision of real estate,. <br />to wit : 333 Main Street Final Map #2011 -4 , intend to <br />(Subdivision) <br />file a map thereof with the County Recorder of San Mateo County. <br />AND WHEREAS, the Provisions of the State Law require that this <br />bond be filed with the Board of supervisors of San Mateo County. <br />NOW, THEREFORE, if the said Principal shall pay, or cause to be <br />paid, all taxes, and all special assessments collected like taxes, <br />for the fiscal year 2012 - 2 013 which at the time of filing said <br />map, are a lien against such subdivision, or any part thereof, but <br />not yet payable, then this obligation shall cease and be void, <br />otherwise it shall remain in full force and effect. <br />IN WITNESS WHEREOF, said Principal and said Surety have here- <br />unto set their hands and seals this 7th day of February , 2012 <br />333 Main Street RWC, LLC <br />( Principal) <br />BY: <br />BY: <br />P hiladelphia Indemnity Insurance Company <br />(Surety) <br />BY : ^— <br />Erin autista <br />BY: <br />
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