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BOND# 788357P <br /> PAYMENT BOND <br /> . Contract #2009-00023 <br /> ' Job #4595 <br /> KNOWALLMENBYTHESEPRESENTS,thatwe Sc~nTm 3ROWN ~ONSTR ic~mr N N <br /> asprincipal,and DEVELOPERS SURETY AND INDEMNITY COMPANY as surety,arejointly <br /> and severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of: $ 81 , 6 81 .0 5 <br /> ( EIGHTY ONE THOUSAND SIX HUNDRED EIGHTY-ONE DOLLARS 05/10dforthepaymentofwhich <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,.togethertyiththe <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 /> <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, i~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 ox <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 t ~ TH day of ~vNF , 20 0 9 <br /> SCOTT~BROWN CONSTRUCTION INC. ' <br /> Principal ~ ~ Principal <br /> A <br /> y <br /> - Au on Official Signature Authorized Official Signature <br /> By. By <br /> Authorized Official Signature Authorized Official Signature- <br /> Surety DEVELOPERS SURETY AND INDEMNITY CO By KRISTI POWELL <br /> ' - Attorney-in-Fact <br /> BY ~ <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 /> <br />