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GJN4529 Wildish 2009-00025
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GJN4529 Wildish 2009-00025
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Last modified
10/19/2011 10:42:41 AM
Creation date
6/22/2009 5:10:48 PM
Metadata
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PW_Capital
PW_Document_Type_Capital
Contracts
PW_Active
No
External_View
No
GJN
004529
GL_Project_Number
985344
Identification_Number
2009-00025
COE_Contract_Number
2009-00025
Retention_Destruction_Date
8/5/2020
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PAYMENT BOND <br /> Contract #2009-00025 <br /> Job #4340 & 4529 <br /> KNOW ALL MEN BY THESE PRESENTS, that we Wildish Construction Co. <br /> as principal, and Liberty Mutual Insurance Company , as surety, arejointly <br /> and severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of: $ 789,585.00 <br /> Seven Hundred Eighty Nine Thousand Five Hundred Eighty Five and No/100------ }for thepayment ofwhich <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 OFTHIS BOND IS SLJCH 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 da in accordance with the certain terms, conditions, <br /> requirements, plans and specifications which set out in said contract and ali 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 al] <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 ali 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 damage's as may accrue to the City <br /> <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 8th day of June 2009 <br /> Wildish Construction Co. _ <br /> Principal ~ Principal <br /> By ~ - By - <br /> Authorized Official Signature Authorized Official Signature <br /> By gy <br /> Authorized Official Signature Authorized Official Signature . <br /> Surety Liberty Mutual Insurance Company By <br /> % Attorney-in Fact rgaret Huffman <br /> By <br /> ~ - . _ <br /> Steven J. Hanson gent <br /> (A Power of Attorney for <br /> the Attorney-in-Fact must <br /> be attached to this Band) <br /> Surety's Seal must be Affixed <br /> <br />
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