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. ~ - - - - 0 <br /> , <br /> fi tl <br /> I ~ N <br /> u g <br /> fi ~ <br /> f <br /> DD°l <br /> f <br /> f <br /> Western uret Com an <br /> y p y <br /> r <br /> n <br /> BID BOND <br /> u <br /> -Bond No. _ N~A <br /> u <br /> KNOW ALL PERSONS BY THESE PRESENTS, that we, Gelco_Construction Co. <br /> ~ u <br /> r <br /> I r <br /> r ~ <br /> r _ , <br /> as Principal, hereinafter called the Principal, and WESTERN SURETY COMPANY, 950 Echo Lane, Suite <br /> 250, Houston, Texas 77024, as Surety, hereinafter called the Surety, are held and firmly bound unto <br /> i <br /> City_.of_.~tag~n~.,_919._~a~t.Br9adway,-_S~i-~_400,__Eugene,.. Oregon__97401------ _ _ _ . <br /> Name, Address, City, State, Zip, Phone Number <br /> - , as Obligee, hereinafter called the Obligee, in the sum of <br /> <br /> a <br /> __11~~_ % of the amount of this bid not to exceed TPn Percent of Total Arr>7unt Bi d <br /> ~I <br /> Dollars ($1.0°10.~~Ba~***'r'`**~, for the payment of which sum well and truly to be made, the said Principal and <br /> the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns firmly by these <br /> presents. <br /> WHEREAS, the Principal has submitted a bid for 2009 WdStwdter Pi Pe Repl dC~t'it, Job 4b38 _ <br /> NOW, THEREFORE, If the contract be timely awarded to the Principal and the Principal shall within such <br /> I~ time as specified in the bid, enter into a contract in writing or, in the event of the failure of the Principal to <br /> enter into such contract; if the Principal shall pay to the Obligee the difference not to exceed the penalty <br /> hereof between the amount specified in said bid and such larger amount for which the Obligee may in good <br /> •I faith contract with another party to perform the work covered by said bid, then this obligation shall be null <br /> and void, otherwise to remain in full force and effect. <br /> PROVIDED, HOWEVER, neither Principal nor Surety shall be bound hereunder less Obligee prior to <br /> execution of the final contract shall furnish evidence of financing in a manner and form acceptable to <br /> Principal and Surety that financing has been firmly committed to cover the entire cost of the project. <br /> r J <br /> SIGNED, sealed and dated this__~0~]___ day of ____~7llCl~_ 20Q9.-,._.._._._._. <br /> r <br /> r <br /> r <br /> C~7 co _~onstr_.u~j on -Co.•-----. <br /> Principal <br /> n By <br /> r <br /> r <br /> Title ~_~'Q~a1. <br /> r _ J <br /> r <br /> WESTERN SURETY C:O PANY <br /> By ~ u <br /> - - - <br /> A.$torney-in-Fact <br /> Form F3492-&2003 Marsha S. Petrie ~ <br /> r <br /> y <br /> ayj <br /> Q - - - <br /> <br />