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Wellington Place-CS 870626 The City With A Beautiful Future 214-462-0022 June Z6, 1987 Javatex Corporation 5944 Luther Lane Suite ~802 Dallas, Texas 75ZZ5 RE: WELLINGTON PLACE Dear Sirs: A final inspection of the above referenced project has been confirmed by Steven M. Morton, Chief Land Development Inspector, of the City of Coppell. Paving and utilities have been verified and are in compliance with City of Coppell standard requirements. Committments to the landscape-streetscape ordinances need to be addressed within the phase of home building. The one-year maintenance bonds and as-built drawings have been received from the contractor. Maturity on the bonds will be one year from the date of this letter. Sincerely, Steven M. Morton Chief Land Develop SM/mm cc: Steve Goram Dale Jackson Carl Bass Per Birdsall Frank Trando License or Permit Bond [] Continental Casualty Company CNA [] National Fire Ins. Co. of Hartford [] American Casualty Company of Reading, Pa. CNA Plaza A Stock Company Chicago, Illinois 60685 KNOW ALL MEN BY THESE PRESENTS, That we JAVATE× CORPORATION , of DALLAS. TEXAS , hereinafter referred to as the Principal, and AMERICAN CASUALTY CObIPANY OF RFADING, PA. , a corporation organized and existing under the laws of the State of PENNSYLVANIA , and authorized to do business in the State of TEXAS , as Surety, are held and firmly bound unto CITY OF COPPELL, TEXAS herein after referred to as Obligee, in the sum of THREE THOUSAND FIVE HUNDRED & N0/100-- ($3,,500.00) lawful money of the United States of America, to the payment of which sum, well and truly to be made, we bind ourselves, our executors, administrators, successors, and assigns, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH, That whereas, the Principal has made application for a license or permit to the Obligee for the purpose of, or to exercise the vocation of SIDEWALK CONSTRUCTION NOW, THEREFORE, if the Principal shall faithfully comply with all ordinances, rules and regulations which have been or may hereafter be in force concerning said License or Permit, and shall save and keep harmless the Obligee from all loss or damage which it may sustain or for which it may become liable on account of the issuance of said license or permit to the Principal, then this obligation shall be void; otherwise, to remain in full force and effect. THIS BOND WILL EXPIRE AUGUST 28, 1988 but may be continued by continuation certificate signed by Principal and Surety. The surety may at any time terminate its liability by giving thirty (30) days written notice to the Obligee, and the surety shall not be liable for any default after such thirty day notice period, except for defaults occurring prior thereto. SIGNED, SEALED AND DATED this ?8th day of 'AT,?C~UST ,19 87 .TAVATE× CORPORATTON Principal ~MEi~IC~.W CASUA~.TY CO}{PAMY OF t~r~_nING, PA. Surety ~ , torney ~n fact FELIX JI~[EN~_~ JR. O (A~ltto -'- G-23172-A