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HomeMy WebLinkAboutMotley BonddBOND .Know all m%n by~Jaeas~ presents, that I,///5~k( ~_Ax/.. of,//g).~ ~)'~*~2 (Jf_~.m3~Jeffersonville,'fndiana 4733~, aff'~a~13omte2'ci redevelopln~nt co~s~oner of the Jeffe~on~e Redevelopmem ~sion, ~ P~cip~ Sme , held f ybo d the State of India, ~ Ob~ee, ~ ~e petal s~ of F~een ~om~d Do~ ($15,000.00), for the pa~em of ~ch sm ~ ~d t~yto be ~de, I bhd m~e~, my he~, executom, a~tmto~, successom ~d ~s~, johdy ~d seve~y, f~y by these presems. WHEREAS, the Principal has taken on the duties of a Commissioner of the Jeffersonville Redevelopment Commissioner. NOW, THEREFORE, if the Obligee shall suffer any loss as a result of the failure of the Principal to faithfully perform the duties of his office as Commissioner of the Jeffersonville Redevelopment Commissioner, or fail to account for all monies and property that come into his hands or under his control, the Obligee may bring a claim under the provisions of this bond. In no event shall the liability hereunder exceed the penal sum thereof. PROVIDED AND SUBJECT TO THE GONDITiON PRECEDENT that any claim by Obligee under this bond must be submitted in writing, by certified mail, to the attention of the Principal and Surety, above, within sixty (60) days of the date of this bond. Any suit under this bond must be instituted before the expiration of one (1) year from the date of this bond. If the provisions of this paragraph are void or prohibited by law, the minimum period of limitation available to sureties as a defense in the State of Indiana shall apply. Dated as of the 31st day of December, 2003. '-7 Surety approved by me, as mayor of the Gty of Jeffersonville, this 31st day of December, 2003. FILED JAN I 2004