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Agenda Packets - 1985/11/25
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Agenda Packets - 1985/11/25
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Last modified
3/26/2025 3:33:22 PM
Creation date
3/26/2025 3:14:45 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/25/1985
Description
Regular Meeting
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J l N 1114 eft I A114 I I IL,l llal l't111i l <br />DES MOINE S. IOW A <br />PERFORMANCE BOND <br />ApprOvea by file Arr,*m"n institute of A maCCli. <br />A I A tbcumenf No A-311 February 1970 Edabn <br />KNOWALL AENSY THESE PRESENTS <br />Thee Electric Equipment Service Corporation, 7281 Commerce_CI_rtle West, Fridley, <br />IHne.ewifJ nwiiaam aeeessuisaa Yla GaaatYl __ <br />_Minnesota 55432 _ <br />as Fill 1, hwelnmOW eaBad Contractor and STATE SURETY COMPANY, a eotporahor organized <br />under the laws p1 d1a W �tppwwaa. as gay, hereinafter called Surely, are held and firmly bound <br />unto city of Mounds ew, 2401 Ill 10L St_Pau�ninnesota 55112 <br />i14.+nr.t unwaNasbw+N eeal4 <br />as Oolrgee. rierelnaner called Ownef. in the amount of Till_- thousand _-Wlmilgd no/hundreds _____ <br />Dollars IS10a000.00 ___ _ 1. <br />for the payment whefect Contrartor and Surety bind themselves, their heirsexeLutors.:dmintstiators, successors and <br />assigns, jointly and severally. firmly by these presents <br />WHEREAS, Contractor has by written agreement dated November 18 t9 85_ <br />entered info a contract with Owner lot Site t imp ovealent to 4751 Mustang Drive. and agrees eo the <br />conditions in hounds View Development Agreement 85-71. <br />in accordance wdhdrawblgsancl specification prepared" ASkerson Building CorpQatiQn, <br />4601 Excelsior Boulevard, Suite 401, St. Louis Park, Minnesota 55416 <br />_ _ _ IIWa+isM lyYrwiearip a6eesfabprllbdMcr.iMcri — <br />which contract is by retwrenrn mq()s a part hereot, and a herolnafler rolerred to as the Contract <br />NOW THEREFORE. THE CONDITION OF THS OBLIGATION a Nldr <br />Thal it CMbabiN Mira teMlyill, a.Kt All Mown, sad c"'W bran <br />me oblrg~ slier rlv nus she v,w oiryrvi n Yuv rem.un n IW Ides <br />andeeect <br />The Surely lyyM wane& rlbKe d any anvalw a emitimn im of time <br />mace by IM ()W W <br />Wheryva Coribarip aiye be am deciaed by Owryl lu be rn pefauii <br />undo the ColarKl. the o w1e, /Wing Performed cNowl s 0019Alonf li <br />urmt, irle SaKy may prornpiN remedy the dale ill a small oMlpti, <br />11 ConiolNa IIe Cmbrn m accNdaM' wan Is leans and Cl.mdlxFb <br />2, Obtain a DO d bias M compeuriq the Conran m accddarce will, <br />b form and walions Wd toed oaarmlrheWn by SulNy of me bwesi <br />napde Irddel.; r. It Dy Owns, di 4X C 00'WT maWlI oy IN Owner <br />arsJee$urNylovaly d'he pwMlrespG�a4e bode' Nrdn2v ld acOMmKI <br />belweer, such bidder anti ON1iet and mate avaeabi i ail arm poglessea <br />(even 1hMiyh these ahgWd be a daavm is, a svcca+aiori of del"s, wmv <br />Inv conralo a cuniows of cmpwron aralped untie, this paaglaphl <br />wexselil funds b pay me cOSI of coWielpn gas ma bmalice of by c Vn j <br />price ba nil eece" vick" osy, oM Will demuea& Id whlcm <br />[he Surely may De aabfe M,euMM, ey aim" W we1 n we I" pill&. <br />,.gin Bald Thy lerm 'D& @ of die Cpnpali pile' as used N Imra <br />yui,yrapn. small ,,gain the Ida anromaa payabY by Ow1iM W Cmu,acYa <br />urida Ire Cgnbact end "a emirrwlls meryip in" me amotint mop" <br />pare Dy Owy, Io CMwacld <br />Any still uridw INS tidy mull ry ins[ lrlal More IN eapvalcn it nip <br />'"ll bom We saw M M.Ch tlryl f+aYmnNa tin/ M c rxNCI lap <br />ire <br />Nu mint of saw shall Kclw M tha bons W o, fa me um of any <br />persM W dvpbrapon firer Ina, IIe Owhe, mans heaver. a Ins mesa, <br />erKi.bry adminiaeaban MamCMaa&Ci joy C/lir!W <br />SqW and sealed this 18th day of __November 19 85_ <br />levlterl <br />iwawl I RM <br />--- <br />STA MlIIETY COMPANY <br />&0 <br />tafAt. <br />L <br />Inw Itllq <br />
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