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GJN4582 Eugene Sand Gravel
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GJN4582 Eugene Sand Gravel
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Entry Properties
Last modified
10/19/2011 11:33:16 AM
Creation date
5/7/2010 10:24:56 AM
Metadata
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Template:
PW_Capital
PW_Document_Type_Capital
Contracts
PW_Active
No
External_View
No
GJN
004582
GL_Project_Number
995344
COE_Contract_Number
2010-00019
Retention_Destruction_Date
8/12/2020
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BOND NO 8987185 <br />Y: VA-1T_NT BOND <br />Contract 10- 000 19 <br />Job X4552 <br />IC40WA.LLNIEN BYTIMSE PRESENTS, that «.'e EUGENE SAND CONSTRUCTION, INC w <br />as principal, and FIDELITY AND DEPOSIT COMPANY OF MARYLAND , as suret~r, are joinil T, <br />and severally held and bound unto the CITY OF EUGENE, in Lane County iathe sum of $378,632.24 <br />( THREE HUNDRED SEVENTY EIGHT THOUSAND SIX HUNDRED THIRTY TWO AND 24/100 }for the payment of tivhich <br />we jointly and severally bind ourselves, our heirs, executors, administrators and assigns or successors. and assigns, <br />firmly by these presents. <br />THE CONDITION OF THIS BONS} IS SUCK 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 OFEUGENE which contract, together with the <br />applicable plans, Standard Specifications, Special,13pecifications, and schedule ofcontractprices, is bythisreference <br />made a part hereof -whereby the said principal agrees to do in accordance with the certain terms,- conditions, <br />requirements, plans acid specifications which set odt 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 inured in the performance of said contract, and pay all mnm of money withheld from Cou ractor'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 CITY OF EUGENE, such damages as may accrue to the City <br />under said contract, then this obligation is to be void, otherwise to remain in fi l force and effect. <br />Nonpayment of the bond premium will not invalidate this bond nor shad the CITY OF EUGENE be obligated for the <br />payment thereof. <br />WITNESS our bands this 9TH day of APRIL <br />EUGENE SAND CONSTRUCTION, INC <br />Principal <br />By /~jl <br />Authorized Official Signature <br />?4 10 <br />Principal <br />By <br />Authorized Official Signature <br />By <br />Authorized Official Signature <br />Surety FIDELITY AND DEPOSIT COMPANY OF MARYLAND <br />By N/A <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 />
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