Performance Bond Of Sewer Builder Form

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CITY OF FAIRFIELD, OHIO
PERFORMANCE BOND OF SEWER BUILDER
KNOW ALL MEN BY THESE PRESENTS, That we, the undersigned
, as Principal, and
, as Surety, are hereby firmly bound unto the City of Fairfield, Ohio, in the
penal sum of Five Thousand Dollars ($5,000.00) for the payment of which will and truly to be made, we
hereby jointly and severally bind ourselves, our heirs, administrators, successors, and assigns.
Signed this
day of
, 19
.
The condition of the above obligation is such that whereas the above named Principal did, on the
day of
, 19
, make application to the Utilities Director, City of
Fairfield, Ohio, to be licensed as a Sewer Builder which application is made a part of this bond as though
fully set forth herein:
Now, if the said
shall well and faithfully perform
his duties as Sewer Builder under the terms and conditions of his license and shall perform all works and make
all installations of sewers and necessary and proper accessories thereto in conformity to law and regulation and
save the City of Fairfield harmless from claims arising as a result of damage to any person, including, but not
limited to the City of Fairfield, Ohio, or to the property owned by any such person by reason of sewer
installation or work directly related thereto; then this obligation shall be void; otherwise the same shall remain
in full force and effect; it being expressly understood and agreed that the liability of the Surety for any and all
claims hereunder shall in no event exceed the penal amount of this obligation as stated herein.
The Surety hereby stipulates and agrees that no modification in the ordinances or regulations of the
City of Fairfield, Ohio, with reference to Sewer Builders, or installation of sewers made by Sewer Builders
shall in any effect the obligations of said Surety on its bond.
This bond shall be and remain in full force and effect for the period of the Sewer Builder's License
and one (1) calendar year thereafter; provided, however, that as to claims and damages, or either of them,
arising during said later period as aforesaid, said bond shall remain in full force and effect until said claims
and damages, or either of them, which have so arisen are fully and finally determined.
Principal
Surety
Bond Number:

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