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. E�ibi� B 6.1.J. - Page 19
<br /> �►TT�+►CHMENT "C"
<br /> F'A1TH�UL PER�ORMANCE BOND
<br /> 1
<br /> KRlOW AI.L M�N BY THESE PRESENTS: that, WHER�AS, the City of Redwood City("City"),
<br /> San Mateo County, State of California, has iss�ed � CO�ES�1'UC�IQII Permit to
<br /> , hereina�#er designated as the
<br /> °Principal", for constructing the fol�owing projec#:
<br /> , and
<br /> WH�R�AS, said Princi�ai is required un�er the terms af t1�e permit to furn�sh a bond for the ,
<br /> faithful performanee of said Permit;
<br /> NOW, T�iERE�ORE, we, the Principal, and , as
<br /> surety, are held and firmEy bound unto City, San Mateo County, Califorr�ia, ir� the penal sum of
<br /> DoUars ($ ),
<br /> IawfUl maney of the United States, being one hundred percent�1 DO%) of the Permif amount, for
<br /> the payment of which sum�we�[ and truiy #o be made, we bind oursel�es, our heirs, executors,
<br /> adrriinistrators and successors,joint[y and severally, firmly by these pr�sents.
<br /> THE CONDITfON O� THIS OBL[GATI�N IS SUCH, that if the above baunden Principal, his or
<br /> its heirs, exec�tors, administrators, successors or assigns, shall in a!I things stand to and abid�
<br /> by, and ►�v�ll and tr�a[y keep and faithfully perForm the ca�enants, conditions, and agreerr�enfis in
<br /> tl�e said Permit and any alterations made as therein provided, on his or#heir par�,to be kept and
<br /> �erformed at the #itne and in the manner therein specified, and in all respec#s accor�ing to their
<br /> tr�e intent ar�d meaning, and shall indemnify and save harmless City, its Council,
<br /> Commissioners, boards, committees, officers, empEoyees and agents, as therein stip�lated,
<br /> then #his obligation shall be nulf and �oid; otE�erwise it shal! be and remain in f�E{ force and
<br /> �irtue.
<br /> And the said Surety, for�aEue received, hereby stip�lates and agrees to wai�e fhe �rovisior�s Qf
<br /> Ca[ifornia Civi[ Code Section 2819 regarding consen#to change, extension of time, alteration, or
<br /> addition to the terms of �he Permit or to tfi�e work to be perfarmed thereund�r or fi�e
<br /> Sp�ei�cations accompanying the same sl�a[I in any wise affeet its obligations on this bond; and
<br /> if does hereby waive natice of any such chartge, extension of time, alteration or addition to the
<br /> ferms of the Permif, ar to th�war[c, or to the Speci�ications.
<br /> In the euent C9ty, ar i#s successars or assigns, shall be�he pr�vaiiing party in an acfian brought
<br /> upon this E�ond, then, in addition#o the penal sum hereinabove specified, we agr�e to pay to the
<br /> said Cify, or its successors or assigns, a reasonable surn on account of attorney's fees in sueh
<br /> action,which s�am shal! be fixed by the court. I
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