AGREEMENT & BOND (10)
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AGREEMENT AND BOND
THIS AGREEMENT, by and between the CITY OF CLEARWATER, FLORIDA;
a municipal corporation, hereinafter called "CITY", and
LAURANCE & ASSOCIATES, a Florida corporation,
hereinafter called "CQN'rRACTORIi,
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That in consideration of the mutual covenants and agreements
herein contained, and in further consideration of the permits and
privileges granted hereunder, and the bond given for the faithful
performance hereof, the parties hereto mutually agree as follows:
1. The City hereby grants to Contractor the permit~ right
and privilege to install and construct the following: for Florida
Power Corporation:
Construct underground electrical conduit, manholes,
and appurtenances in Bay Esplanade~easterly, from Cyprus
approximately 370 ft. to the existing conduit.
2. Contractor agrees to submit the plans for the aforesaid
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
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excavation, u except such portionsasInaybe-designated-by uthe-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 the accom-
plishment of the work as aforesaid and Contractor further hereby
covenants and agrees to replace paving removed or damaged by or
because of the accomplishment 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 One Thousand Four Hundred and no/lOa Dollars ($1,400.00)
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
?.d day of ~i.
J 1961.
CITY OF CLEARWATER, FLORIDA
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anager
Attest;
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Approved, as to -form and correct-
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City Attorney I
Countersigned:
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yor-Commis .
In the presence of:
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lAU_RANCE,& ASSOCIA1ES me..
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