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PAYMENT BOND <br />Bond No. 2107274 <br />Contract 92010-00013 <br />Job #4669 <br />KNOWALLMEN BYTHESE PRESENTS, thatwe Andersons Erosion Control, Inc. <br />asprincipal, and North American Specialty Insurance Company , as surety, are jointly <br />and severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of. $ 156,043 95 <br />( One hundred fifty six thousand forty three dollars and ninety five cents- for the payment otwhich <br />we jointly and severally bind ourselves, our heirs, executors, administrators and assigns or successors and assigns, <br />firmly by these presents. <br />THE CONDI'T'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 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 make payment promptly, as due to all subcontractors and to all <br />persons supplying to the Contractor or his subcontractors, equipment, supplies, labor.or materials 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 Unemployment Compensation 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 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 CITE'' OP EUGENE such damages as may accrue to the City <br />under said contract, 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 8th day of Februa , 20 10 <br />Andersons Erosion Control Inc., <br />Principal Principal <br />By Zgtb By - <br />Authorized Official Signature Authorized Official Signature <br />By By <br />Authorized Official Signature Authorized Official Signature <br />N erican eci Ity I ~Company <br />Surety By 14 1 <br />Attorne -in-Fact <br />By Kristen McGillvrey <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 />