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BID BOND <br /> <br /> j KNOW ALL BY THESE PRESENTS, That we, Valley Slurry Seal Company <br /> i of West Sacramento, CA (hereinafter called the Principal), <br /> i <br /> as Principal, and Western Surety Company <br /> (hereinafter called the Surety), as Surety are held and fumly bound unto <br /> City of Eugene <br /> ~ (hereinafter called the Obligee) in the penal sum of 10% of total amount bid---------------------------------------------------------------- <br /> Dollars 10% of total amount bid <br /> for the payment of which the Principal and the Surety bind themselves, their heirs, executors, administrators, successors and assigns, <br /> jointly and severally, firmly by these presents. <br /> THE CONDITION OF THIS OBLIGATION IS SUCH, That WHEREAS, the Principal has submitted or is about to submit a proposal <br /> to the Obligee on a contract for <br /> Pavement Preservation Program - 2009 Slurry Seal Project <br /> NOW, THEREFORE, If the said Contract be timely awarded to the Principal and the Principal shall, within such time as may be <br /> specified, enter into the Contract in writing, and give bond, if bond is required, with surety acceptable to the Obligee for the faithful <br /> performance of the said Contract, then this obligation shall be void; otherwise to remain in full force and effect. <br /> Signed and sealed this 7th day of May 2009 <br /> Valley Slurry Sea pany ' (Seal) <br /> Alen S. Bcipal <br /> Witness Vice President <br /> Title <br /> Western S <br /> P.A. Gouker, Notary Public Witness <br /> By <br /> Rosalie A. Mi zkiel Attorney-in-Fact <br /> S-0053/GEEF 10/99 <br /> <br />