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' PAYlWIENT BOND . <br /> f30ND NO' 6651160 ~ Contract #2010-00003 <br /> Jc~ #4378 <br /> SNOW ALL I~EN BI~THESE PRESENTS, that LVe f~owat Construction Company - <br /> asprincipal, and ~ Safeco Insurance Company of. America ~ as Surety, are jointly <br /> and severally held and bound unto the CITY OF EUGENE, in Lane .County in the suixi of: $ 3, 4ss; 410; 50 <br /> j ~ Three Billion Four Hundred Thirty Eight Thousand Four Hundred .Ten. and 50/100------------ <br /> ~ for the.payinent ofwhi;~h <br /> we jointly. and severally bind ourselves, our heirs, executors, administrators and assigns or successors and assigns, <br /> firmly :by these presents. ~ - <br /> <br /> j , <br /> ~ THE CONDITION OFTHIS BOND iS SUCH that,. whereas the said principal herein has made and entered into a <br /> i certain contract, a copy of which is attached hereto, with the CITY OF EUGENE which contract, tggetlier with the <br /> applicable plans, Standard Specifications, Special Specifications, and schedule of contract:prices; is bythsreference <br /> made a part hereof, whereby the said principal agrees to do iri accordance wit~i 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 amount of the work and the amount of contract. Notice to the surety of any of the immediately <br /> foregoing are waived. <br /> iVOW, THER~EFOItE, if 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 rnateriale 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 Uneinployrrient, Corhpensation 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 tb the Revenue jQepartment; and shall pay all other just debts, dues and demands incurred in <br /> the performance of the said contract and shall pay the CITY QF EUGENE such damages as may accrue to the City <br /> under.said contract, .then this obligation i~s 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 o»r hands this da ';,f <br /> y , LO . <br /> ~1owat Construction Company <br /> Prins' a Principal ' <br /> By ~-/,G`Oq By <br /> Auth ed Official Si ature b`n, Q 5a~ <br /> `il ~YDM Authorized Off vial. Si gna.ti~re <br /> ~t° st c~,..Q~.-~ <br /> By By <br /> Authorized Official Signature ~ Authorized Official Si ature <br /> Surety Safeco Insurance Company of America By ~ <br /> Attorney-ln-Fact D r ehe Jakielski <br /> By HUB International-Northwest, LLC <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 />