Orange County NC Website
Form OC -13 <br />FORM OF PERFORMANCE BOND <br />Date of Contract: <br />Date of Execution: <br />June 26, 1990 <br />June 26, 1990 <br />Name of Principal: Classic Electric Service, Inc. <br />(Contractor) <br />PO Box 12183, Raleigh, NC 27605 <br />ANIMAL SHELTER <br />100 -018 <br />Bond #65 0120 10625 90 1 <br />Name of Surety: Fidelit and Guaranty Insurance Company <br />100 Light St., Baltimore, MD 21202 <br />Name of Contracting Body: - County of Orange <br />300 W. Tryon St., Hillsborough, NC 27278 <br />Twenty -two Thousand, One Hundred Sixty and 00 /100 <br />Amount of Bond: DOLLARS. ($22,160.00) <br />.f <br />Project: Additions to Orange County Animal Shelter, 1099 Airport Rd., <br />Chapel Hill, NC <br />7T KNOW ALL MEN BY THESE PRESENTS, that we the PRINCI- <br />PAL and SURETY above named, are held and firmly bound unto the above <br />named Contracting Body, hereinafter called the Contracting Body, in the <br />penal sum of the amount stated above for the payment of which sum well <br />and truly to be made, we bind, ourselves, our heirs, executors, adminisfra- <br />tort, and successors, jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas <br />'the principal entered into a certain contract with the Contracting Body, <br />identified as shown above and hereto attached: <br />NOW THEREFORE, if the principal shall well and truly perform and, <br />fulfill all the undertakings, covenants, terms, conditions, and agreements <br />of said contract during the original term of said contract and any exten- <br />sions thereof that may be granted by the Contracting Body, with or with- <br />out notice to the Surety, and during the life of an <br />the contract, and shall also well and truly guaranty required under <br />takings, covenants, terms, conditions, andpagreemen s of l any all <br />ad all duly <br />authorized modifications of said contract that may hereafter be made, <br />notice of which modifications to the surety being hereby waived, then, <br />this obligation to be void; otherwise to remain in full force and virtue. <br />IN WITNESS WHEREOF, the above - bounden parties have executed <br />this instrument under their several seals on the date indicated above, the <br />name and corporate seal of each corporate party being hereto affixed and <br />these presents duly signed by its undersigned representative, pursuant to <br />authority of its governing body. <br />FORM OF PERFORMANCE BOND <br />1 <br />