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<br />Attachment C
<br />Performance Bond
<br />
<br />BOND NO. U272 11 40
<br />
<br />STATE OF TEXAS
<br />
<br />COUNTY OF TARRANT
<br />
<br />VVe, WHECO ELECTRIC, INC.
<br />of 3200 JOYCE DRIVE. FORT WORTH, TX 76116
<br />asPrincipal,and UNITED PACI FIC INSURANCE COMPANY
<br />(bond company name), as Surety, are held and firmly bound unto the City of San Marcos,
<br />Texas, as Owner, in the penal sum of ***FIFTY-EIGHT THOUSAND, THREE HUNDRED
<br />TWENTY -SEVEN AND NO/1 OO******************dollars ($ ***58.327.00*** ), for the
<br />payment of which the Principal and Surety bind themselves and their heirs, administrators,
<br />executors, successors and assigns, jointly and severally, by this bond:
<br />The Principal has entered into a written Contract with the Owner dated JANUARY 27,
<br />1988 for the construction of the INTEGRATION OF FRESHWATER WELLS AND
<br />BOOSTER PUMPING STATIONS IN THE CITY'S SCADA SYSTFM Project,
<br />which is fully incorporated into this bond by reference.
<br />The condition of this obligation is that if the Principal faithfully and promptly performs
<br />all work for the Project in accordance with the Contract Documents, and faithfully and
<br />promptly observes and performs all of its covenants, conditions, duties and obligations
<br />under the Contract Documents according to their true intent and meaning, then this
<br />obligation will be satisfied; otherwise it will remain in full force and effect.
<br />If the Owner declares the Principal to be in default under the Contract, the Surety
<br />agrees to either 1) promptly remedy the default, or 2) faithfully and promptly perform and
<br />complete the Project in accordance with the Contract Documents.
<br />The Surety, for value received, agrees that no modification, change order, extension
<br />of time, amendment or addition to the Contract, or to the plans, specifications, drawings
<br />or other Contract Documents, will in any way affect the Surety's obligation on this bond,
<br />and the Surety waives notice of any such modification, change order, extension of time,
<br />amendment or addition.
<br />The Surety certifies that it is authorized and admitted to write surety bonds in Texas.
<br />If this bond exceeds $100,000.00 the surety certifies that it either 1) holds a certificate of
<br />authority from the United States Secretary of the Treasury to qualify as a surety on
<br />obligations permitted or required under federal law, or 2) has obtained qualified
<br />reinsurance for any liability in excess of $100,000.00 from a reinsurer that is authorized
<br />and admitted as a reinsurer in the State of Texas, and is the holder of a certificate of
<br />authority from the United States Secretary of the Treasury to qualify as a surety or
<br />reinsurer on obligations permitted or required under federal law. This bond is governed by
<br />Chapter 2253 of the Texas GovernmentCode, and it is provided solely for the protection
<br />of the Owner.
<br />This bond is filed with the Owner in Hays County, Texas, and the Principal and
<br />Surety agree that mandatory venue for any legal action filed upon this bond is in Hays
<br />County, Texas.
<br />
<br />(Contractorname) ,
<br />(address),
<br />
<br />13
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