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- 2 - <br />if, on the Contract completion date, the Contractor has not <br />completed all work required by the Contract co be completed <br />on that date, the owner will deduct from any monies due or <br />coming due to the Contractor an amount equal to $50.00 for <br />each calendar day the construction operations are carried on <br />by the Contractor after the Contract completion date. <br />The total of the deductions specified above shall be <br />considered reasonable liquidated damages due to the Owner <br />tram the Contractor for his failure to complete the project <br />for portions thereof) within the specified time. <br />Neither by the act of taking over the work nor by the <br />annullment of the Contract shall the Owner forfeit the right <br />to recover liquidated damages from the Contractor for <br />failure to compete the project within the specitied time. <br />The undersigned hereby agreels) to perform the work above at the <br />quoted pro -es. <br />Comparison bids will be based on the total bid. <br />Keys Well Prilline Cumpany <br />Signed A Miane ots Corporation <br />(Firm Nave) <br />Address 413 N. Lexingtun Parkway <br />St. Paul. Minnc;iota 5 104 <br />phone (612) blu-7871 <br />l 1 <br />By <br />Na o Of tcer yny <br />Firm name and his of iclal <br />capacity. <br />Jeffrey W. keys, ^ecy./Treas. <br />Date I+•cemtwr 11, 1,)8" <br />J <br />