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PERFORMANCE BOND
<br />CONTRACT #2009-00006
<br />BOND NO 105125776 JOB #4376
<br />Babb Construction Co, dba Delta Construction Co.,
<br />KNOW ALL MEN BY THESE PRESENTS, Ihat we dba Delta Concrete
<br />as principal, and Travelers Casualty & Surety Company of America , a5 surety, are j ointly and
<br />severally held and bound unto the CITY OF EUGENE, in Lane County in the surn of: $ 438,951.08
<br />l Four Hundred Thirty Eieht Thousand Nine Hundred Fifty One and 08/100 dollars 1
<br />for the payment of which we,jointly and severally bind ourselves, our• heirs, executors, administrators and assigns or
<br />successors and assigns, firmly by these presents.,
<br />THE CONDITION OF THIS BOND IS SUCH that, whereas the said principal herein has made and entered into a
<br />certain contract, a copy of'which is attached hereto, with the CITY OF EUGENE which contract, together with the
<br />applicable plans, Standard Specifications, Special Specifications, and schedule of contract prices, is by this reference
<br />made a part hereof; whereby the said principal agrees to do in accordance with the certain terms, conditions,
<br />requirements, plans and specifications which set out in said contract and all authorized modifications of-the contract
<br />which increase the amount of'the work and the amount of contract. Notice to the surety of any of the immediately
<br />foregoing az•e waived..
<br />NOW, THEREFORE, if'the principal herein shall faithfully and trulyobserve and complywith the terms, conditions
<br />and pzovisions of'the said contract, in all respects, and shall well and truly and fully do and perform all matters and
<br />things by him undertaken to be performed under said contract, upon the terms set forth therein, and within the time
<br />prescribed therein, or as extended as provided in the contract, and shall indemnify and save harmless the CITY OF
<br />EUGENE, its officers, employees, and agents, against any dir ect or' indirect damages of every kind and description
<br />that shall be suffered or• claimed to be suffered in connection with or arising out of the performance of the said
<br />contract by the said Contractor or his Subcontracts and shall in all respects perform said contract according to law,
<br />then this obligation is to be void, otherwise to remain in full force and effect..
<br />Nonpayment of the bond premium will not invalidate this bond nor shall the CITY OF EUGENE be obligated for the
<br />payment thereof'.
<br />WITNESS our hands this 28th day of August , 20 ns
<br />Babb Construction Co, dba Delta Construction Co.,
<br />dba Delta Concrete
<br />Principal U ~, Principal
<br />gci Stearc.•~ ,Cr. p.e„
<br />By Trcyr a Ta ~sn, Vice President By
<br />Authorized Official Signature Authorized Official Signature
<br />By __
<br />Authorized Official Signature
<br />By
<br />Authorized Official Signature
<br />~~~~
<br />Surety Travelers Casualty & Surety Company of America $y I~'.,ltd..~ ~- ///L,~ Cl~- z ~,..
<br />Attorney-in-Fact Rachel A. Mullen
<br />By ABD Insurance & Financial Services
<br />Agent
<br />(A Power of Attorney for
<br />the Attorney-in-Fact must
<br />be attached to this Bond)
<br />Surety's Seal must be Affixed
<br />
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