TR9501-CS 970728The City With A Beautiful Future
P,O. Box 478
Coppell, Texas 75019
214-462-0022
July 28, 1997
David Mirtaheri
Integrated Roadway Services
10701 Shady Trail
Dallas, TX 75220
RE:
Final Acceptance Project #TR 95-01
Traffic Signal Installations/MacArthur Blvd. at Parkway Blvd.
Dear Mr. Mirtahari:
A final inspection for the referenced project has been confirmed by representatives of the City
of Coppell.
The two-year maintenance bonds and as-built drawings have been received from the contractor.
Maturity on the bonds will be two years from the date of this letter.
Construction Inspector
CC:
Ken Griffin, P.E., Dir. of Engineering & Public Works
Matt Cast, Superintendent of Public Services
Doug Stevens, Engineering Technician
file/Idavis/0finalac. Itr
ONDEXECUTED IN T,F~ (3) ORIGINALS
PREMIUM BASED ON
FINAL CONTRACT PRICE
MAINTENANCE BOND
STATE OF TEXAS
Bond No. 33-72293
COUNTY OF DALLAS
KNOW ALL MEN BY THESE PRESENTS: THAT Integrated Roadway _
Services, Inc. as Principal, and
Bankers Insurance Company , a corporation organized under the
laws of the State of Florida , as sureties, do hereby
expressly acknowledge themselves to be held and bound to pay unto the
City of Coppell, Texas , a Municipal Corporation, Texas, the sum of
~en Thousan_~_q~d Four Hundred E:i. ghteen Dollars and
Thirty-Five .......... Cents ($ 67,418.35 ............ ), for the payment of which sum
will and truly be made unto said City of Coppell, Texas , 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
Integrated Roadway Services~ Inc.
fffis day entered into a written contract with the said city of Coppell, Texas
to build and construct the installation of Traffic Signals at MacArthur Blvd.
Parkway Blvd.
at
which contract and the plans and specifications therein
mentioned, adopted by the coPpell C:t. ty Engineer are hereby expressly made a part
thereof as through the same were written and embodied herein.
WHEREAS, under thc plans, specifications, and contract, it is provided that thc
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 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, Texas shall have and receive from
the said Contractor and its' principal and sureties damages in the premises, as provided; and it
1-43 Contract Documents
is further agreed that this obligation shall be a continuing one against thc 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 WHE~OF, the said Integrated Roadway Servicest Inc. has
caused these presents to be executed by
and thc said Bankers Insurance Company has caused these presents to
be executed by its Attorney in fact and the said Attorney in fact
Candace Damiano , has hereunto set lff~hand, the 25th day of
November , 19 96 her
PRINCIPAL
Integrated Roadway Services, Inc.
By:',~~__~~_
Title: ~/, fl,
WITNES~S'~ ~ WITNESS
Kathy R. ~acha~k
NO~: ~e of Mai~e~ce ~M ~t ~t ~ pdor to ~e of ~ra~.
SURETY
Bankers Insurance Company
By: ~O_~c~
Candace Dam±ano
Title: Attorney-in-Fact
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Contract Documents
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