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THE AMERICAN INSTITUTE OF ARCHITECTS <br /> I;~ <br /> AIA Document A310 <br /> ,Bid Bond <br /> KNOW ALL MEN BY THESE PRESENTS, that we CPM DEVELOPMENT CORPORATION DBA EGGE SAND & <br /> GRAVEL <br /> as Principal, hereinafter called the Principal, and FIDELITY AND DEPOSIT COMPANY OF MARYLAND <br /> <br /> l <br /> a corporation duly organized under the laws of the State of MARYLAND <br /> as Surety, hereinafter called the Surety, are held and firmly bound unto- CITY OF EUGENE <br /> as Obligee, hereinafter called the Obligee, in the sum of TEN PERCENT OF AMOUNT BID <br /> Dollars ($10%), <br /> for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our <br /> heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br /> WHEREAS, the Principal has submitted a bid for PAVING BOND MEASURE BAILEY HILL ROAD FROM W. 18T" <br /> AVENUE TO BERTELSEN ROAD <br /> NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract <br /> with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the <br /> bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for <br /> the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the <br /> Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference <br /> not to exceed the penalty .hereof between the amount specified in said bid and such larger amount for which the <br /> Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation <br /> shall be null and void, otherwise to remain in full force and effect. <br /> Signed and sealed this 7TH day of APRIL, 2009. <br /> CPM DEVELOPMENT CORPORATION DBA <br /> EGGE S D & GRAVEL <br /> (Principal) (Seal) <br /> (Witness) <br /> (Title) <br /> FIDELITY AND DEPOSIT COMPANY OF <br /> MARYLAND <br /> ~ _ 1 l v" \ ~ (urety) (Seal) <br /> (Witness) <br /> MARGIN A RYSDALE (Title) <br /> Attorney-In-Fact <br /> AIA DOCUMENT A310 • BID BOND • AIA O • FEBRUARY 1970 ED • THE AMERICAN 6 <br /> INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 y <br /> <br />