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Vista Ridge Retail-CS090423 (2) MAINTENANCE BOND Bond No. 2093527 STATE OF TEXAS } COUNTY OF DALLAS } KNOW ALL MEN BY THESE PRESENTS: THAT CalHar Construction, Inc. 2138 CalHar Drive, Melissa, TX 75454 as Principal, and North American Specialty Insurance Company , a corporation organized under the laws of New Hampshire , as sureties, do hereby expressly acknowledge themselves to be held and bound to pay unto the City of Coppell, TX , a Municipal Corporation, Texas, the sum of Eighty-Five Thousand Three Hundred Thirty-Two and 00/100---- Dollars and Cents ($85,332.00 ) , for the payment of which sum will and truly be made unto said City of Coppell, TX , and its successors, said principal and sureties do hereby bind themselves, their assigns and successors jointly and severally. THIS obligation is conditioned; however, that whereas, the said CalHar Construction, Inc. has this day entered into a written contract with the said Lee Lewis Construction to build and construct Site Utilities to serve Coppell Crossroads/Vista Ridge Retail(lots 7&8, Block A) which contract and the plans and specifications therein mentioned, adopted by the are hereby expressly made a part thereof as through the same were written and embodied herein. WHEREAS, under the plans, specifications, and contract, it is provided that the Contractor will maintain and keep in good repair, the work herein contracted to be done and performed, for a period of two (2) years from the date of the acceptance of said work, and to do all necessary repairs and/or reconstruction in whole or in part of said improvements that should be occasioned by settlement of foundation, defective workmanship or materials furnished in the construction or any part thereof or any of the accessories thereto constructed by the Contractor. It being understood that the purpose of this section is to cover all defective conditions arising by reason of defective material and charge the same against the said Contractor, and sureties on this obligation, and the said Contractor and sureties hereon shall be subject to the liquidation damages mentioned in said contract for each day's failure on its' part to comply with the terms of said Maintenance Bond Page 1 of 2 provisions of said contract. Now, therefore, if the said Contractor shall keep and perform its said agreement to maintain said work and keep the same in repair for the said maintenance period of two (2) years, as provided, then these presents shall be null and void, and have not further effect, but if default shall be made by the said Contractor in the performance of its' contract to so maintain and repair said work, then these presents shall have full force and effect, and said City of Coppell, TX shall have and receive from the said Contractor and its' principal and sureties damages in the premises, as provided; and it is further agreed that this obligation shall be a continuing one against the principal and sureties, hereon, and that successive recoveries may be and had hereon for successive branches until the full amount shall have been exhausted; and it is further understood that the obligation herein to maintain said work shall continue throughout said maintenance period, and the same shall not be changed, diminished or in any manner affected from any cause during said time. IN WITNESS WHEREOF, the said CalHar Construction, Inc. has caused these presents to be executed by Don. P Callaham and the said North American Specialty Insurance Company has caused these presents to be executed by its Attorney in fact and the said Attorney in fact Sandra Lee Roney , has hereunto set his hand, the 5th day of December , 20 08 PRINCIPAL SURETY CalHar Construction, Inc. North American Specialty Insurance Company BY —1 By: (--- t - -- �e�r.=. �. • S–andra Lee Roney T Title: Don P. Callaham, President Title: Attorney-in-Fact Witness: WITNESS: . 1. 'I;; X • 111111111. ♦ 4L_ r'��/ate Diana Hernan.ez Carol Goodenough, Agency Represen -tive NOTE: Date of Maintenance Bond must of be prior to date of Contract. Maintenance Bond Page 2 of 2 ICaiHar Construction, Inc. Date: January 15, 2008 City of Coppell Attn: Albert Samaniego - Engineering Dept. Project: Coppell Crossroads/Vista Ridge Retail (Lots 7 & 8, Block A) Location: NE Quadrant SH121 & Denton Tap Road Coppell, Texas General Contractor: Lee Lewis Construction Site Utilities Contractor: CalHar Construction, Inc. Site Utilities Located in the City of Coppell Public Utility Easement/Right of Way: ITEM DESCRIPTION QTY UNIT UNIT PRICE TOTAL PUBLIC WATER: 1 6" DR 14 Fire Hydrant Lead 120 LF $ 16.00 $ 1,920.00 2 8" DBL. Detector Check/Vault 3 EA $ 9,300.00 $ 27,900.00 3 Standard Fire Hydrant 3 EA $ 1,725.00 $ 5,175.00 4 8"x8" Tapping Sleeve&Valve 3 EA $ 2,800.00 $ 8,400.00 5 8"x6" Tapping Sleeve&Valve 3 EA $ 2,450.00 $ 7,350.00 6 8"x4" Tapping Sleeve&Valve w/2"Domestic Service 1 EA $ 2,350.00 $ 2,350.00 7 2"Domestic Service(2" Meter fom City) 2 EA $ 1,850.00 $ 3,700.00 8 2" Irrigation Service(1-1/2" Meter fom City) 1 EA $ 1,750.00 $ 1,750.00 9 1-1/2" Irrigation Service(1-1/2" Meter fom City) 2 EA $ 1,750.00 $ 3,500.00 10 Trench Safety 1 LS $ 200.00 $ 200.00 Sub-total: $ 62,245.00 PUBLIC SANITARY SEWER: 1 8" SDR 35 1156 LF $ 17.00 $ 19,652.00 2 Std.4'Diam. Manhole(5'-8'Deep) 8 EA $ 2,575.00 $ 20,600.00 3 Construct New 4'Dia. MH over Existing 12" Main 1 EA $ 3,325.00 $ 3,325.00 4 Trench Safety 1 LS $ 200.00 $ 200.00 Sub-total: $ 43,777.00 PUBLIC STORM DRAINAGE: 1 42" CLIII RCP 8 LF $ 96.00 $ 768.00 2 5'x5'Junction Box(10.5'Deep) 8 EA $ 6,850.00 $ 54,800.00 3 24" RCP CL III 12 LF $ 41.00 $ 492.00 4 18" RCP CL III 12 LF $ 36.00 $ 432.00 5 TxDOT Curb Inlet(Assume 4'Deep) 2 EA $ 3,300.00 $ 6,600.00 6 Connect to Existing RCP Stubout 2 EA $ 150.00 $ 300.00 7 Remove Existing Curb Inlet 3 EA $ 400.00 $ 1,200.00 8 Trench Safety 1 LS $ 50.00 $ 50.00 Sub-total: $ 64,642.00 I TOTAL SITE UTILITIES IN PUBLIC ROW/EASEMENT: $ 170,664.001 NOTES: 1.) A 2YR/50%Maintenance Bond shall be provided to the City of Coppell prior to final acceptance. 2138 Caller Drive * Melissa,Texas 75454 * Office 972-838-2999 * Fax 872-838-2299