HomeMy WebLinkAboutFinancial BondFINANCIAL GUARANTEE BOND
Bond No. 21BSBEL4721
KNOW ALL MEN BY THESE PRESENTS' That we, Thunder Demolition, Inc. -
8s Principal, and Hartford Pare Insurance Company
a corporation duly authorized under the laws of the State of_s. csr ee—to become surety on bonds and
undertakings, as Surety, are held ands Obligee utheafullty of Miami
and just sum of Twenty -Five Thousand
Dollars, ($2s. coo ) lawful money of the United States
of America, for which payment, well and truly to be made, the said Principal and Surety bind themselves,
their heirs, executors, successors, administrators and assigns, jointly and severally, firmly by these
presents.
WHEREAS, the said Principal has entered into
Commercial Solid Waste/ Hauling Franchise Agreement RFQ No. 03-04-107
and the Principal agrees to
Commercial waste Hauling Services
NOW, THEREFORE, THE CONDITION OF THE OBLIGATION 15 SUCH, That if the said Principal shall
indemnify said Obligee against any and all loss or damage directly arising by reason of the failure of the
Principal to meet their financial obligation under
commercial Solid Waste/ Hauiina Franchise Aa 3 -1
then this obligation shall bevoid, otherwise it shall be and remain in full force and effect.
The term of this bond is for a period beginning on the 26th day of February
and ending on the • 26th day of February ,2008
PROVIDED, that regardless of the number of years this bond remains in effect, in no event shall the
aggregate liability of the Surety under this bond exceed the penal sum of this bond.
THIS BOND may be terminated by either,
(a) release by city of Miami , or
(b) cancellationyeither
PrnalladSrety to basgiviingSiixty (60) days notice in
tcertified meii eriRvuCenter, �aa w Ave.
Miami, FL 33130
The Surety shall notify the Company of its obligation, if any, hereunder within sixty (60) days of
notice by Company that the Principal has failed to perform its obligation hereunder,
IN WITNESS WHEREOF, the Principal and Surety have hereunto set their hands and affixed their seals
this _ 26th. day of February 2007 .
Thunder DemolitiQra, Inc. Hartford Fire Insurance Company
Principal Surety
2007
•
4'41000 Utz of lailirHOre
Attorney -in -Fact
6'd Tb22-668-50E
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