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FEB-14-1991 10:54 FROM VYZIS CO,,-,BELLEWE T' 1 <br />• NOV.', THEREFORE, THE CO:IDIT.O`I OF THIS OBLIGATION ]5 SU('li, t` <br />the Principal and Surety warrant the performance and guarantee workman: hip and <br />material, used by malting repairs, correcting deficiencies and performini; ealer- <br />gency +iaintenance on all improvements described above plus all appurtenant <br />device associated therewith for a period of not less than 1 years) from <br />11-6-97 . Principal and Surety agree to Save the City harmless f;•om any <br />loss, cost or damage by reason of Principal's failure to make repairs, correct <br />dr.f.eiencies and perform emergency maintenance for the required period ;f tune. <br />Principal and Surety further agree to promptly reimburse the City for emergency <br />r ipairs and/or maintenance. -Necessary topaizs shall be performed by the 1xincipal <br />on receipt of seven (7) days written notice from the City sent to the addrem noted <br />below directing performance of such work. if the Principal shall fail to mgke said <br />repairs, the City may perform the work and the cost of the work shall be paid to <br />the City by the Principal or Surety. At 'the end of 1 yesr(s) of mair tanance <br />by the Principe.., the City shall inspect the improvements together with , ll other <br />appurtenant devices associated therewith and if this obligation has been : atisfied <br />to the satisfaction of the City Engineer, then this obligation shall I e void, <br />otherwise to remain in full force and effect. <br />In the event the City is required to institute litigation tc obtain <br />performance pursuant to this bond, Principal and Surety agree to pay reasonable <br />attorney's fees and costs which are incurred by the City. <br />January' <br />EIS SIGNED, SEALED AND DELIVERED this 13 day of <br />is - <br />Cascade Development. Group, A 4 ash. txrv. Group _ <br />PRINCIPAL <br />------------ <br />[Address <br />Contractors Bonding & 1.nsy�Ca��.:e Company <br />Eehl <br />AC <br />