Statutory Bond Secures Utility Extension Project Work
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Description
Riley County engaged Lakeside Construction LLC for the University Park Utility Extension Project, backed by a $93,820 statutory bond issued with Western Surety Company as surety. The bond secures payment for labor and materials used on the project and remains effective despite contract changes or extensions.
Contract Details
Contract Amount
$93,820.00 (penal sum of statutory bond)
Vendor
LAKESIDE CONSTRUCTION LLC
Agency
Town of Wildcat, KS
Contract Type
CONSTRUCTION
Document Date
October 15, 2025
Contract Term
Bond effective for University Park Utility Extension Project; related power of attorney amount $1,000,000.00 expiring October 15, 2025
Renewal Date
2025-10-15
Renewal Info
Bond remains in force for indebtedness arising from labor and materials furnished for the University Park Utility Extension Project; surety obligations extend to subsequent work ordered by contract modification. Related power of attorney for bond execution is authorized up to $1,000,000.00 and expires October 15, 2025.
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