PERFORMAl~CE BOND <br /> Contract #2010-00003 <br /> - BOND NO. 6651160 Job #4378 <br /> ' ;KNOW ALL lYIEN BY THESE PRESENTS, That we Kowat construction Company <br /> as principal, and Safeco Insurance Company of America aS Surety, are jointly and <br /> severally field and. bound unto the CITY OF EUGENE, in Lane County in the sum of: $s,asB,41D..5o <br /> (Three Killion Four Hundred Thirty Eight Thousand Four Hundred Ten and.50/100----------=------------------------'~ <br /> <br /> - for the payment of-which we jointly and severally bind ourselves, our heirs, executors, administrators and assigns or <br /> successors and assigns, 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, together with the <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 /> 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 /> i <br /> i ~ foregoing are waived. <br /> NO W, THEREFORE, if the principal herein shall faithfully and truly observe and comply with the terms, conditions <br /> and provisions of the said contract, in. all respects, and shall well and truly and. fully do-and perform all matters and <br /> things by him undertaken to be performed under said contract, upon the terms set forth therein, and within the time <br /> prescribed therein, or as extended as provided in the contract, and shall indemnify and save harmless the CITY OF <br /> EUGENE, its officers, employees; and agents, against any direct or indirect damages of every kind. and description <br /> hat shall be suffered or claimed to be suffered in connection with or arising out of the performance of the said <br /> contract by the said Contractor .or his Subcontracts and shall in all respects perform said contract according to law, <br /> them tl-iis obli atiori is to be void otherwise to remain in full force and effect. <br /> g ~ - <br /> Nonpayment of the bond premium will not invalidate this bond nor shall the CITY OFEUGENE beobligated-for the <br /> payment thereof. <br /> WITNESS our hands this day of , 20 <br /> j Kowat Construction Company <br /> Princ' Principal <br /> By o~-~iU~O ~ By <br /> Aiitiiv" i cd O#iCiai S~ia~urc ~1bv~v~Q •JC~VI~h, AuiilGii~cd Ofili,iai Sigiiaiilrc <br /> "~res~ d~e~.-r <br /> By _ By <br /> Authorized Official Signature Authorized Official Signature _ <br /> Surety Safeco Insurance Company of America $~r <br /> Attorney-In-Fact Dar e 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 /> <br />