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AGREEMENT & BOND (16) ~- ~:"""',:""I I , AGREEMENT AND BOND THIS AGREE~~NT, by and between the CITY OF CLEARWATER, FLORIDA, a municipal cerperatien, hereinafter called "CITY," and LAURANCE & ASSOCIATES, a Florida corporation, hereinafter called NCONTRACTOR," WIT N E SSE T H: That in censideratien ef the mutual cevenants and agreements herein centained, and in further censideratien ef the permits and privileges granted hereunder, and the bend given fer the faithful perfermance hereef, the parties hereto. mutually agree as fellews: 1. The City hereby grants to. Centracter the permit, right and privilege to. install and censtruct the fellewing:for Florida Power Corporation: Construct underground electrical conduit, one manhole and necessary appurtenances to connect to existing manhole at the intersection of South Gulf View Blvd. and Clearwater Pass Avenue, continue in a Southerly direction for approximately 300 feet to new manhole. Construct underground electrical conduit and necessary appurtenances to connect with existing conduit at Coronado Drive, continue in a Westerly direction for approximately 200 feet to the entrance of existing pier. 2. Centracter agrees to. submit the plans fer the aferesaid werk to. the effice o.f the City Engineer and receive appreval frem said City Engineer befere preceeding with the aferesaid werk. 3. ICentractor agrees to. accemplish the werk in an erder which shall be satisfactery to. the City Engineer. 4. Centracter agrees that the earth excavatien incidental to. the abeve described werk may be dene by machinery er pewer driven teels, except such pertien as may be designated by the City Engineer which shall be dene by hand laber. Centracter further agrees to. water-cempact all trenches during back-filling. 5. Centracter shall be whelly respensible fer the repair and replacement ef utilities and other damage caused by the accom- plishment ef the work as aferesaid and Centracter further hereby cevenants and agrees to. replace paving remeved or damaged by or because of the accomplishment ef the aforesaid werk, said paving to -l~ GO - \..).' J ,0 ( u jj r ') ... L ~ -.II. I I 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 Two Thousand Dollars ($2, 000. 00) to City in the event of Contractor's breach or default of any of Contractor's covenants, agreements or obligations of Contractor here- under. If all of the covenants, agreements or obligations of Contractor hereunder be faithfully performed by said Contractor; then this bond shall be null and void and of no effect. 7. The aforesaid work shall be accomplished within thirty (30) days; provided, however, that this time for completion shall be e:;~tended by a period of time equal to any delays caused by strike r riot, civil commotion, Acts of God, Governmental restrictions, or natural calamity. WITNESS the hands and seals of the parties hereto, this ~ Attest: c;kA~ __ r7 C~~ CITY OF CLEARWATER, FLORIDA day of , 1962 . :/ Approved Cis.-to-:for;m and correct- ness~.. ,.. ~ Ci?$. orney . In the presence of: -2-