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PERFORMANCE BOND <br /> <br /> ' CONTRACT #2010-00004 <br /> "Executed in Triplicate" JOB #4638 <br /> BOND NO. 929468127 <br /> KNOW ALL MEN BY THESE PRESENTS, That we Gel c~ Construction Co. , <br /> as principal, and l~estern Surety Company , as surety, are jointly and <br /> severally held and bound unto the CITY ~ OF EUGENE, in Lane County in the sum of: $ 356,550.25******* <br /> (Three Flimdrxl Fi ftv Six Thos sand Five Hundred Fifty and 5100 ) <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 co of which is attached hereto, with the CITY OF EUGENE which contract to ether with the <br /> pY ~ g <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 /> foregoing are waived. <br /> .NOW, 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 /> that 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 /> then this obligation is 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 our hands this 16th day of duly ~ 20 09 <br /> Gel co Construction Co. <br /> Principal Principal <br /> By ~ By <br /> Authorized Official ~gnature Authorized Official Signature <br /> By ~ By <br /> Author~zeu Official Signature Authorized Official Signature <br /> Surety We rn Surety Company By ~ <br /> Attorney-in-Fact Marsha S. Petrie <br /> B <br /> ent Kathryn A. Messer <br /> W~1' s Fargo Insurance Services of Oregon, Inc. (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 />