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(EXECUTED IN TRIPLICATE) TRAVELERS BOND'NO.: 105284327 <br />LIBERTY BOND NO.: 190-021-392 <br />PAI'1bTENT BOND <br />CONTRACT 2010-00001 <br />JOB #458] & 4610 <br />KNOW.A,LL1v1ENB~'THESEPRESENTS,thatwe MORSE BROS., INC. DBA KNIFE RIVER +~, <br />as principal, and LIBERTY MUTUAL INSURANCE COMPANY AND TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA ~ Suretyj are~Olritly <br />and severally held and bound uztto the CITY OF EUGENE, in Lane County in the sum of: $ 543, 004.30 <br />( FIVE HUNDRED FORTY THREE THOUSAND FOUR DOLLARS AND THIRTY CENTS )for the paymentofwhich <br />we joizttly and severally bind ourselves, our heirs, executors, administrators and assigns oz successors and assigns, <br />firmly by these presents. <br />THE CONDX'I'ION 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 bythis reference <br />made a part hereof, whereby the said principal ag~cees 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 amou~at of the work and the amount of contract. Notice to the surety of any of the iznznediately <br />foregoing are waived. <br />NOW, TI3EREFORE, if the principal herein shall make payment prornptly, as due to all subcontractors and to alI <br />persons supplying to the Contractor or his subcontractors, equipment, supplies, labor or materials for the prosecution <br />of the work, ox any part thereof, provided for in. said contract, and shall pay all contribution of amounts due its <br />worl~ers compensation carrier and the State Unemployment Compensation Trust Fund frorn such Contractor or <br />Subcontractors incurred in, the performance of said contract, and pay all sums of xnozaey withheld from Contractor's <br />employees az~d 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 CITX OF EUGENE such damages. as may accrue to the'City <br />undez said contract, then this obligation is to be void, otherwise to remain, i~a full force and effect. <br />Nonpayment of the bond premium will not invalidate this bvmd nor shall the CITY OF EUGENE be obligated for the <br />payrraent thereof. <br />'WITNESS our hands this 2ND day of JULY <br />20 09 <br />MORSE BROS., INC: DBA KNIFE RIVER <br />Pziucipal <br />By~C ~ ~ ~~~ ._ <br />,A,uthorized Oflictal Sig~~ature ~~~~- <br />ASSISTANT SECRETARY <br />By <br />Prizacipal <br />By <br />Authorized Official Signature <br />By <br />Authorized Official Signature Authorized Official Signature <br />SURETYLIBE~t~Y MUTU .INSURANCE COMPANY <br />Surety TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA By ~ ~ -~~ <br />„~~ Attorney-in-Fact HEIDI L. SMITH <br />~y <br />HEIDI :. S~,9ITH, Agent ATTORNEY-IN-FACT <br />(A Power of,A.ttorney for <br />the Attorney-izz-Fact must <br />be attached to this Bond) <br />Surety's Seal must be Affixed <br />