ST8401-CS 880805APAC.Texas, Inc. · Texas Bitulithic Division · 2121 Irving Boulevard * R O. Box 565365
Dallas, Texas 75356 · (214) 741-3531
August 5, 1988
City of Coppell
P.O. Box 478
Coppell, Texas
75019
Attention: Steve Morton
RE:
Intersection of Belt Line Road
and MacArthur Blvd.
Riverchase, Coppell, Texas
Dear Mr. Morton:
Please find enclosed the required Maintenance Bond relative to our
paving improvements on the above referenced job. Also attached is our
Surety's Power of Attorney.
If anything further is needed, please advise.
/pav
Encl.
cc: Terra Company
Very truly yours,
APAC-Texas, Inc.
Texas Bitulithic Division
Patricia A. Vail
Division Secretary
INSURANCE COMPANY OF
NORTH AMERICA
PHILADELPHIA
MAINTENANCE BOND
KNOW AT~.M]~ BY THESE PRESENTS, That we, Texas Bitulithic Company
a Division of APAC-Texas, Inc. hereinafter called the Principal, and
INSURANCE COMPANY OFNORTHAMERICA, ~ Pennsylvania Corporation, with principal
offices at Philadelphia, Pennsylvania, hereinafter called the Surety, are firmly
bound unto the City of Coppell, Texas. ' ·
in the full and Just sum of SEVENTY-THREE THOUSAND SIX HUNDRED FORTY-THREE AND 67/100
$73,643.67~ , lawful money of the United States of America, to be paid to the said
City of Coppell , to which payment well and truly to be made, we
bind ourselves, our heirs, executors, administrators, and successors, Jointly
and severally, firmly by these presents.
Sealed with our seals and dated this 5th day of November , 19 87.
WNRREAS, THE ABOVE bounded Principal entered into a contract with the
Riverchase Joint Venture dated 8/8/86 for paving the intersection
of Belt Line Rd. and MacArthur Blvd., in the Riverchase, Coppell, Texaa.
NOW, TMMREFORE, the condition of this obligation is such that if the
above bounded Principal shall remedy without cost to the said City of Coppell
any defects which may develop during a period of one (1) year~ from
the date of completion and acceptance of the work performed under said contract
provided such defects are caused by defective or inferior materials or workmanship,
then this obligation shall be void; otherwise it shall be and remain in ~,1] force
and effect.
IN WITNESS WHEREOF, the said Principal and Surety have duly executed
this bond under seal the day and year above written.
ATI~ST:
WIA~--'-WEBB,'T~SION CONTROLLER
WITNESS:
Texas Bitulithic Company
a Divisiqn of APAC-%ejgas, Inc.
g. C. ROCHELLE, DIVISION VICE PRES.
INSURANCE COMPANY OF NORTH AMERICA
J~i-ce G. Correy, At.ney-in-Fact
B8-5049 Ptd. in U3.A.