AGREEMENT & BOND (35)
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AGREEMENT AND BOND
THIS AGREEMENT, by arid between the CITY OF CLEAR WATER,
FLORIDA, a municipal corporation, hereinafter called "CITY, " and
LAURANCE & ASSOCIATES, a Florida corporation,
hereinafter called "CONTRACTOR, "
WIT N E SSE T H:
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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 per-
formance 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:
Underground electrical manhole, sidewalk transformer
vault, and conduit system to be installed in Lincoln Avenue
and Park Street, in the vicinity of Clearwater Federal
Savings and Loan, in accordance with Florida Power
Corporation Drawing /lR-l26lD.
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,
except such portion as may be designated by the City Engineer which
shall be done by hand labor. 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 accomplish_
ment 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 be of a type
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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 ahd assigns to the forfeiture of the sum of
Three Thousand Dollars ($3, 000. 00)
to City in the event of Contractor's breach or default of any of Contractor's
covenants, agreement s or obligatid.."ls of Oontractor 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.
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The aforesaid work shall be accomplished within .
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 .
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WITNESS the hands and seals of the parties hereto, this
day of
March
, 196 5 .
CITY OF CLEAR W A T.:re?-, FJ.;-Cn~.toA
Attest:
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/ity Manager . ," __'--,
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Approved as to form and correct-
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C~torneY
Counter signed:
In the pre.~
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