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:~ <br />;. <br />PAYMENT BOND <br />Contract #2009-00009 <br />Job #4117 <br />KNOW ALL MEN BY THESE PRESENTS, that we 2G, Inc. dba 2G Construction , <br />as principal, and Liberty Mutual Insurance Company , as surety, are jointly <br />and severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of: $ 79,019.94 <br />(Seventy Nine Thousand Nineteen and .94/100---------------------- )for the payment of which <br />we jointly and severally bind ourselves, our heirs, executors, administrators and assigns or successors and assigns <br />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 are waived. <br />NOW, THEREFORE, if the principal herein shall make payment promptly, as due to all subcontractors and to all <br />persons supplying to the Contractor or his subcontractors, equipment, supplies, labor or materials for the prosecution <br />of the work, or any part thereof, provided for in said contract, and shall pay all contribution of amounts due its <br />workers compensation carrier and the State Unemployment Compensation Trust Fund from such Contractor or <br />Subcontractors incurred in the performance of said contract, and pay all sums 'of money withheld from Contractor's <br />employees and payable to the Revenue Department; and shall pay all other just debts, dues and demands incurred in <br />the performance of the said contract and shall pay the CITY OF EUGENE such damages as may accrue to the City <br />under said contract, 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 10th day of September , 2008 <br />2G, Inc. dba 2G Construction <br />Principal ` <br />~ --- <br />By <br />Authorized Official ~ i tore <br />By <br />Authorized Official Signature <br />SuretyLiberty Mutual Insurance Com any <br />By e- <br />Larry C. Buck Agent <br />Principal <br />By <br />Authorized Official Signature <br />By <br />Authorized Official Signature <br />i <br />By <br />Attorney- -Fa~ Margaret Huffmaf( <br />. - <br />."~ ` ~^ ~Y ~nl d'~~' r. <br />; <br />~ <br />(A Power of Attorney for = <br />~ <br />=~ '.~°-r~':' <br /> <br />~, ~ <br />the Attorney-in-Fact must ~ - _ _ - .-.. <br />~ <br />be attached to this Bond) - -'; ; r= , <br />; ` <br />-~ <br /> . <br />„ <br />. <br />d ' ~ <br />~ <br />Surety's Seal must be Affixe <br />``;=== <br />-,'_ ~~' <br />' <br />'~{,.:, <br />