AGREEMENT & BOND (9)
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AGREEMENT AND BOND
THIS AGREEMENT, by and between the CITY OF CLEARWATER,
FLORIDA, .amtmicipal,_c.orporation~ h~reinafter-cal1ed "CITY", .and
LAURANCE & ASSOCIATES, a Florida corporation,
h.erein.af:ter'-call.ed-~C0NTRAC TOR n ,
: WIT N E SSE T H:
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That in consi~ration"~f the mutual covenants and ,agre~e-
ments...hereind'contained, and in further consideratiQI'l_o.f,the-permits
and privileges .granted;"'hereuncier, and the bond given for the faithful
performance hereof, the parties hereto mutually agree. as follows:
1. The Gityhe-reby grants to Contractor the ,permit, right
andprivilege'''toinstall and construct ..the following for Florida
Power Corporation:
Construct underground electrical conduit, manhol~s,
and appurtenanceliL.in Baymont Street f!"o~,the ex-
isting conduit in ~ointsettiawes,t~rly to .Mandi3.lay
Drive, thence no~therly in Mandalay to R.oekaway
Street.
2. Contractor' agrees. to submit,t.he...plans for the ,Cifore-
said work to the office of the City Engineer and receive approval
from said City Engineer before proceeding with the aforesaid work.
3. Contractor agrees to accomplish the work in an order
which shall be satisfactory to the City Engineer.
4. Contractor agrees that the earth excavation incidental
to the above described work shall be done by hand, and no machinery
or power-driven tools will be used in the accomplishment of the said
Hexcavation, except such portiol'lsas may-oe de.signated by the__City
Engineer. Contractor further agrees to water-compact all trenches
during back-filling.
5. Contractor shall be wholly responsible for the repair
and replacement of utilities and other damage caused by theaccoI!!-
plishment of the work as aforesaid and Contractor further hereby
covenants and agrees to replace paving removed or damaged by or be-
cause of the accompli~hment of the aforesaid work, said paving to
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be of a type and quality equal to the paving so removed or damaged,
and performed in a manner satisfactory to the City Engineer, of the
City of Clearwater.
6. Contractor hereunto binds himself, his successors and
assigns to the faithful performance of this Agreement; and further
binds himself, his successors and assigns to the forfeiture of the
sum of
Ten Thousand 'and no/ 100 Dollars ($10, 000.00)
to City in the event of Contractor's breach or default of any of
Contractor's covenants, agreements or obligations of Contractor here-
under. If all of the covenants, agreements or obligations of Con-
tractor hereunder be faithfully performed by said Contractor, then
this bond shall be null and void and of no effect.
7. The aforesaid work shall be accomplished within thirty
(30) days; provided, however, that this time for completion shall be
extended by a period of time equal to any delays caused by strike,
riot, civil commotion, Acts of God, Governmental restrictions, or
natural calamity.
WITNESS the hands and seals of the parties hereto, this
~ 14 day of June i , 1961.
At-test:
CITY OF CLEARWATER, FLORIDA
~;;?fi;f;;;4
~ty Manager
In the
of:
APp~orm and correct-
ness. ~
~ Attorney I
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