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NOtiV, TIiEREFORfi, T}IE '�ONDI'ffO:I OF TIi15 OBL[GATIOPI IS SUCII, :ha[ <br /> if the said Principail shnll construc[, or have constructed, on or before the 18th <br /> day of December , 198G , the imprnvements h�rein described in nccordance <br /> with approved plans nnd in conCormance with City standard specifications, to the <br /> sati�faction of the Ctty Engineer, and shall save the C(ty harmless from any loss, <br /> cost ar damage by reason of its failure to comple[e said Improvements, then this <br /> oblig�tion shall be null and void; otherwise to remsin in full force and etfect. <br /> In the event the City i� required to institute litiga[ion to abtain <br /> pe-tormance pursu¢nt to this bond, Principal and Surety agree to pay all reasonaDle <br /> attorney's tees and costs which are incurred by the City. <br /> SIGYED, SEALED and DELIVERED this 18th day of December <br /> 19 86 <br /> �� r�� ,�,�. <br /> �'�2C�rr�i?�� (a�lGi•✓,a,.^2.�� �NC. <br /> PR1NCiP9L <br /> Pacific Marine Insurance Comnany <br /> SURETY <br /> By � '.>; ' t ; � „, " i ' ��. <br /> .arToxtiei' t.r• E:��; <br /> Theresa A . Lanb <br /> -2- <br /> Porm 11/82 <br />