PERFORMANCE BOND
BOND NO.
The premium for this bond is $
payable in advance and subject to adjustment at current annual rates.
KNOW ALL MEN BY THESE PRESENTS: That we,
as Principal, and
a corporation organized under the laws of the State of and duly authorized under the laws of the State of to become sole surety on bonds and undertaking as Surety, are held and firmly bound unto
COUNTY OF STANISLAUS
3800 Cornucopia Way, Ste. C
Modesto, CA 95358
as Obligee in the full and just sum of Dollars ($ ),lawful money of the United States of America to be paid to the said Obligee, successors or assigns; for which payment, well and truly to be made, we bind ourselves, our heirs, executors, successors, administrators and assigns, jointly and severally, firmly by these presents.
The Condition of the above Obligation is such that the Principal has been awarded a permit to engage in the business of collecting, transporting, disposing, processing, or using refuse, or a combination of these functions, in the COUNTY OF STANISLAUS, and the above Principal has agreed and is obligated to perform such business in conformity with the provisions of such permit, the Ordinance Code of STANISLAUS COUNTY and the rules and regulations of the STANISLAUS COUNTY DEPARTMENT OF ENVIRONMENTAL RESOURCES and to pay monthly for accrued waste disposal fees incurred by principal at the landfills operated by the COUNTY OF STANISLAUS.
Now, therefore, if the above Principal shall well and faithfully perform each and all of the requirements and conditions of such permit, ordinances, and regulations and truly pay his monthly obligations to the COUNTY OF STANISLAUS for use of said landfills, then this obligation is void, otherwise to remain in full force and effect.
This bond may be canceled by giving thirty (30) days written notice to the Obligee, the Surety, however, will remain liable for any subsequent default in payment of fees incurred during the period up to the expiration of thirty (30) days notice.
No right of action shall accrue under this bond to or for the use of any person other than the Obligee named herein.
Sealed with our seals and dates this day of , 20
Principal
Surety
Form1229.html By Attoney-in-fact