AGREEMENT & BOND (22)
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AGREEMEN'" AND BOND
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THIS AGREEMENT, by and between the CITY OF CLEAR WATER:
FLORIDA, a municipal corporation, hereinafter called "C;:TY J II and
LAURANCE & ASSOCIATES, a Florida corporation,
hereinafter called "CONTRACTOR~ "
WIT N E SSE T H:
That in conside:l:.'ation 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 per-
formance hereof, the parties hereto mutually agree as follows:
1. The City hereby gr'ants to Contractor the permit, right and
privilege to install and construct the following: for Florida Power
Corporation:
Construct underground electrical conduit and vault
on East side of Coronado between 1st and 3rd Streets.
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 may be done by machinery or power driven tools,
~,xcept suchp,or_ti.9n.asmay be de5ignate.dh.}Lthe,Git.y_"Enginee)."__W'hic,h~_ .
shall be done by hand labor. Contractor further agrees to water-compact
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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 01- default of any of Contractor's
covenants, agreement s or obligations of Contractor hereunder. 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 extended
by a period of time equal to any delays caused by strike, riot, civil
commotion, Acts of God, Governmental restrictions, or natural
calami ty .
WITNESS the hands and seals of the parties hereto, this ?-c1.t..
,~a y of
Mav
1963 .
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--Attest: CITY OF CLEARWATER, FLORIDA
... R:G:::'Whf:t:l1ead, C:j.ty Clerk --;/ n ('}5L. /J
__ By: -. ~~ ~.lL'~/ "~~~~
Actin& ., C~t~ Ct~~~,.-'..~_ . ~//c(ty Manager
Approved as to form and correct- Countersigned:
. ~~~Macir_-commi..ioner
In the presenceg.t: //
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LAURAN)fE ,& ASSOCIATES I~