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R2023-140 Resolution Authorizing City of Decatur to Enter Into a Purchase Agreement for the Purchase of Three (3) Pierce Saber Fire Apparatus and Agreement for Debt Financing of Apparatus
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R2023-140 Resolution Authorizing City of Decatur to Enter Into a Purchase Agreement for the Purchase of Three (3) Pierce Saber Fire Apparatus and Agreement for Debt Financing of Apparatus
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7/19/2023 8:23:11 AM
Creation date
7/19/2023 8:12:59 AM
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Resolution/Ordinance
Res Ord Num
R2023-140
Res Ord Title
R2023-140 Resolution Authorizing City of Decatur to Enter Into a Purchase Agreement for the Purchase of Three (3) Pierce Saber Fire Apparatus and Agreement for Debt Financing of Apparatus
Department
Fire
Approved Date
7/17/2023
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• Bond No, <br /> Fidelity and Deposit Company of Maryland <br /> HOME OFFICE <br /> 3910 KESWICK ROAD BALTMORE,MARYLAND 21211 <br /> PERTORMANCE AND PAYMENT BOND <br /> KNOW ALLMEN BY THESE PRESENTS,THAT,MacQueen Ernergency Grouc <br /> 1125 East 7th Street, St. Paul, MN 55106 <br /> (hereinafter called Principal),as Principal and tet an epos, ompany o ary an <br /> a corporation organized and existing under thelawsof the StatZurich e of ithIL Floor, it apr nbipa�o�-60ce in thelCity of <br /> Schaumburg, IL ,(hereinafter called Surety)as Surety are held and firmly bound unto <br /> (hereinafter called the Owner)and to all persons who furnish labor or material directly to the Principal for use in <br /> the prosecution of the work hereinafter named,in the just and full sum of <br /> j <br /> to the payment of which sumwell and truly to he made,the said Peincipaollars(,I Sure nd themselves,and their <br /> respective heirs,administrators,executors,successors and assigns,jointly an ly,ti y by these presents. <br /> WHEREAS,the Principal has entered into a certain written cont r with the Ow ed the <br /> dayof ,for <br /> Which contract is hereby referred to and made a part her ful nd t me extent as ifcopied at length <br /> herein. <br /> NOW,THEREFORE,THE CONDITION OF B TION IS SUCH,that if the said Principal <br /> shall fully indemnify the Owner from and against an on her part faithfully to perform the obligations <br /> imposed upon him/her wider the terms of ntrac clearofall liens arising out of claims for tabor <br /> and material entering into the work,and if 'n Is If pay all persons who shall have furnished labor <br /> or material directly to the Principal for use in n of the aforesaid work,each of which said persons <br /> steall have a direct right of action o stmt h' er own name and for his/her overt benefit,subject, <br /> However,to the Owner's,priority,th ti be void;otherwise to remain in full force and effect. <br /> PROVIDED,HONVEV no ,suit or proceeding shall be had or maintained against the Surety on <br /> this instrument unless me b or instituted and process served upon the Surety within two years <br /> after completion of the aid contract,whether such work be completed by the Principal, <br /> Surety or Owner;but if is any intenance or warranty period provided in the contract for which said <br /> Surety is liable,an action for ntenanee or warranty may be brought within two years from the expiration <br /> of said maintenance or warra eriod,but not afterwards. <br /> IN WITNESS WHEREOF the said Principal and Surety have signed and sealed this instrunhent this <br /> day of <br /> MacQueen Emergency Group <br /> fitness: r —� i <br /> Principal <br /> n <br /> idel'ity and De)( <br /> Com <br /> Witness: Cathy Hutson alt of 1ltarvlamd <br /> a Surety <br /> I(199 4s Y. C <br /> Sarah E. DeYaun9 qtt r ey-tn-Fact <br /> �`lA,f4 S <br />
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