Plaintiff, as owner, and defendant Daniel J. Lynch, Inc. (hereinafter Lynch), as contractor, entered into an April 10, 1990 contract for the construction of vehicle maintenance and storage facilities on East Maine Road in the Village of Johnson City, Broome County. On April 16, 1990, defendant Fidelity and Deposit Company of Maryland issued a performance bond ensuring Lynch's prompt and faithful performance under its contract with plaintiff...
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