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Connell Skaggs (7-11)-CS 900820 MAINTENANCE BOND BOND NO. GV-I19249 KNOW ALL MEN BY ~IESE PRESENTS: That Ta~an Construction, Inc., P. O. Box 8596, Ft. Worth, TX 76124-8596 , as Principal, hereinafter called Contractor, and American Bonding Company, P. O. Box 520 Green Valley, AZ 75622 , as Surety, hereinafter called Surety, are held and firmly bound unto City of Coppell, Box 478, Cop~el]_, TX 750].9 , as Obligee, hereinafter called Owner, in the penal sum of One*Thousand*Five* Hundred*And*No/lO0($1,500.00***** ), for the payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators, successors, and assigns, Jointly and severally, firmly by these presents. WHEREAS, Contractor has by written agreement, dated , entered in to a contract with Owner for i00 W. Sandy Lake and Denton-Tap, Coppell, Texas , in accordance with the General Conditions, the Drawings and Specifications, which contract is by reference incorporated herein, and made a part hereof, and is referred to as the Contract. NOW, THEREFORe, the condition of this obligation is such that, if Contractor shall remedy any defects due to faulty materials or workmanship, and pay for any damage to other work resulting therefrom, which shall appear within a period of One (1) year(s) from the date of substantial completion of the work provided for in the Contract, then this obligation to be void; otherwise to remain in full force and effect. PROVIDED, HOWEVER, that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness. SIGNED and sealed this 20th day of Auzust , 19 90 Tagan Construction, Inc. ~n thehe ence of: .... _. _ A?torney i~fact Randy De,art - " I Not Valid If Executed AMERICAN BONDING COMPANY i I_OS ANGELES. CALIFORNIA A STOCK CONIPANY 119249 I'f)V,'Eli O1: ATTORNF. Y (;V No. I A M El>` ICAN lION I')l NG COMPANY. ;t Nebraska Corporation, having it.-, administrative o[i'icc in thc City of l,os ,-\ ngclc.~. · %tare o1' California, docs hcrcbx nlakc, con.SL}tutc and nppoint Will±am C-. J'effer±s, Geraldine Rankin, Gary W. DeHart, Randy DeHart And Donna Phariss of Fort Worth, Texas. a.s Attorncyt.,,)-in-Fact. with full power and authority hereby confc:'~ cd to cxccutc a;:d dcN:'cr and al'fix thc '-cai ol'thc thcrcto, ifa scal is :'cquircd. £or i_llld Oil ils bc qa 'tls S'urctv. a'nd as it.> act and dccd. all of thc following cla.,,hc.-, o1' docu:l:c:;t,.,. Not To Exceed One Hundred Fifty Thousand Dollars ($150,000.00). Thc .\mcncan [t~mti inu Comp;rev I urt i~cr terrific:, that th:: l'oiio :,, il;g i, :, I r,.;c and c x:i:;I copy o!' .\ i': i,::c VI [ Ncc; :on . ·. Co:11pall} thii.; ;idt)ptcd :.i:%] noun. ,:i force, to SECTION 3. All bond';, undcrlakings, rccok, z'ni/;mcc~, ,}l' other wriucn onlig,ltions ol thc cut'pm;t::,m >Mill hc ~:xcctt:c,I ii: thc name ;q Iht c(~;'porntion I*5 thc p~c~itlcnt, any x ~c"- wc~;dcnt xcc,'c ',",' ,qx . [illiC bC jM'o?CI'[} ilUtIIt)I~/CtI. '['hC [M'Cxlt[CII[. ii;l} XlCC-plC~idCll[. IIIc ~CklCtitl'}. vahtl:lx of any boJld~, undertakings, or oilier obligations of the corporalio:;. Thc ~ig:]att,rc IN WITNESS W 1-1 El{EOF. AM ERICAN BONI)I NG COMPANY has caused thcsc presents to bc executed by its duly authorized officer and its corporate smd al'fixed, this Cou:ltv o[ I.o5 A:mcic> On this 4 th day o[ Xove~b er . 19 __~9 I~c:erc mc a Nm,try Publ.c. pcr,onitii5 appca:'cd ~i~c .t:,(>xc re.ned all';c;'r OJ ~XIIICI'iCiII1 [{OlllJlllg C(llllpil;l}. it COl'pO[ill,Oil. k!lo~:l hi lilt [(t ~c Ibc j~ci'>t)/i Col'pt)rllt~OI1 a~d ;tCkllO~ [cdgcs thc COl'porat~Oll; O}JlllJ,ll'i[y executed thc My O0~ss.0P E~res Nov. 3. ~3 CI';i{TiI.'IC A'I'I{ 1, i:;C tl:~dCl'<?~Cti. Cur[ii", I.[~al ~ ,~11 thc ~CCl'Clill'X c'. ,~::lCl'lCa:; llo:X[i:i~ Ct~1~dX~. a ~Cbl'a>k,I c' ~' :~O:'iHi,~:'. :~::t~ [h,J[ :}'C .~t[,~'L'tl l>["&C:' ..[[lornc¥ rcn;~1s [:~ Jul; ~orcc a~id c','~'cct, nqd bas m~: been :'c~ ~}kcd; and I'ur[hc:-:norc fha: I'or[h .... ~ t I~o~cr of ,MtO:'llCV. ,irc n,'.'& H1 l'ull fo[cc .lnd cl".cct. I~ 'J-I:?;'I'I',I~)XS' ~ III RIX)Iz. I haxc hc~c.nto h.h>cribcd , ........