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MAINTENANCE BOND BOND NO. KNOW ALL MEN BY THESE PRESENTS That as Principal hereinafter called Contractor and as Surety hereinafter called Surety are held and firmly bound unto the City of Round Rock as Obligee hereinafter called Owner in the penal sum of for the payment whereof Contractor and Surety bind themselves their heirs executors administrators successors and assigns jointly and severally firmly by these presents. WHEREAS Contractor pursuant to Section 8. 706 of the Round Rock Subdivision Ordinance is required to file with the Development Services Office Manager a warranty bond executed by a corporate surety licensed to do business in the State of Texas conditioned that the following improvements are free from defects in materials and workmanship as depicted in Legal Description and Items to be warranted i*e* Streets drainage etc* plans titled as prepared by. Title of Plans Design Engineer NOW THEREFORE the condition of this obligation is such that if Contractor shall remedy any defects due to faulty materials or workmanship which shall appear within a period of year s from the date of final acceptance by the Owner then this obligation to be void otherwise to remain in full force and effect. PROVIDED HOWEVER that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness. SIGNED and sealed this th day of 20. IN THE PRESENCE OF Principal Surety Z FORMS Forms Close Out Online Forms Revised 10/21/10. WHEREAS Contractor pursuant to Section 8. 706 of the Round Rock Subdivision Ordinance is required to file with the Development Services Office Manager a warranty bond executed by a corporate surety licensed to do business in the State of Texas conditioned that the following improvements are free from defects in materials and workmanship as depicted in Legal Description and Items to be warranted i*e* Streets drainage etc* plans titled as prepared by. Title of Plans Design Engineer NOW THEREFORE the condition of this obligation is such that if Contractor shall remedy any defects due to faulty materials or workmanship which shall appear within a period of year s from the date of final acceptance by the Owner then this obligation to be void otherwise to remain in full force and effect. Title of Plans Design Engineer NOW THEREFORE the condition of this obligation is such that if Contractor shall remedy any defects due to faulty materials or workmanship which shall appear within a period of year s from the date of final acceptance by the Owner then this obligation to be void otherwise to remain in full force and effect. PROVIDED HOWEVER that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness. PROVIDED HOWEVER that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness. SIGNED and sealed this th day of 20. IN THE PRESENCE OF Principal Surety Z FORMS Forms Close Out Online Forms Revised 10/21/10. WHEREAS Contractor pursuant to Section 8. 706 of the Round Rock Subdivision Ordinance is required to file with the Development Services Office Manager a warranty bond executed by a corporate surety licensed to do business in the State of Texas conditioned that the following improvements are free from defects in materials and workmanship as depicted in Legal Description and Items to be warranted i*e* Streets drainage etc* plans titled as prepared by. Title of Plans Design Engineer NOW THEREFORE the condition of this obligation is such that if Contractor shall remedy any defects due to faulty materials or workmanship which shall appear within a period of year s from the date of final acceptance by the Owner then this obligation to be void otherwise to remain in full force and effect. PROVIDED HOWEVER that Owner shall give Contractor and Surety notice of observed defects with reasonable promptness.