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R98-120 AUTHORIZING AGREEMENT
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R98-120 AUTHORIZING AGREEMENT
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Last modified
4/11/2016 4:12:28 PM
Creation date
4/11/2016 4:12:23 PM
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Resolution/Ordinance
Res Ord Num
R98-120
Res Ord Title
AUTHORIZING AGREEMENT - DECATUR CIVIC CENTER AUTHORITY / HVAC
Approved Date
10/5/1998
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. . - - ... _ .. _ w�..... .. <br /> ERHIBIT 4 <br /> to property is due or claimed to be due to the negiigence of the <br /> obligee, or the pr�cipal or the employees or agents of either, or <br /> any one else, inciuding, but not limited to, all valid claims for <br /> damages and compensation under the provisions of the Prevailing <br /> Wage Act, the Healt� and Safety Act, the Workers Compensation Act, <br /> and Workers Occupational Diseases Act, the Human Rights Act, <br /> Environmental Protection Act, ail of the State of Illinois, or any <br /> applicable Federal, State, or local statute, law, or regulation, I <br /> now in force and as hereafter amended, all as provided for in the I'i <br /> contract, then this obligation shall be null and void; otherwise, <br /> it shall remain in =u11 force and effect. <br /> Surety hereby waives notice of any modiTications of the <br /> Contract, including extensions of time for the performance thereof. <br /> ; Whenever principal shall be and is declared by Obligee to be <br /> in default under the Contract, surety shall, after notice of such <br /> default, take over a.nd complete the Contract and become entitled to <br /> payment of the balance of any monies due or to become due to such <br /> defaulted principal. <br /> No right of actions shail accrue on this Bond to or for the <br /> use of any person or corporation other than the Obligee named <br /> herein. <br /> PERFORMANCE BOND — 3 <br /> EBHIBIT 4 <br />
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