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I Premium: $8,239.00
<br /> Executed in Two (2) Originals
<br /> City of Everett 00 61 13 - 1
<br /> I3600 Smith Street Clean Up T
<br /> SECTION 00 61 13 - PERFORMANCE BOND AND PAYMENT BOND
<br /> II
<br /> PERFORMANCE BOND
<br /> Bond No.: CMGP0002589
<br /> The City of Everett has awarded to 10 Environmental &* (Principal), a contract for the construction of
<br /> the-project designated as 3600 Smith Street Clean Up, in Everett, Washington (Contract), and said Principal is
<br /> required to furnish a bond for performance of all obligations under the Contract.
<br /> The Principal, and Argonaut Insurance Company (Surety), a corporation organized under the
<br /> laws of the State of Illinois and licensed to do business in the State of Washington as surety
<br /> and named in the current list of"Surety Companies Acceptable in Federal Bonds"as published in the Federal
<br /> Register by the Audit Staff Bureau of Accounts, U.S. Treasury Dept., are jointly and severally held and firmly
<br /> bound to the City of Everett in the sum of Three Hundred Sixty Six Thousand One**US Dollars
<br /> I
<br /> ($366,191.78 )Total Contract Amount, subject to the provisions herein.
<br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs, executors,
<br /> I administrators, successors, or assigns shall well and faithfully perform all of the Principal's obligations under the
<br /> Contract and fulfill all the terms and conditions of all duly authorized modifications, additions, and changes to said
<br /> Contract that may hereafter be made, at the time and in the manner therein specified; and if such performance
<br /> obligations have not been fulfilled, this bond shall remain in full force and effect.
<br /> I. The Surety for value received agrees that no change, extension of time, alteration or addition to the terms of the
<br /> Contract, the specifications accompanying the Contract, or to the work to be performed under the Contract shall in
<br /> •
<br /> any way affect its obligation on this bond, and waives notice of any change, extension of time, alteration or
<br /> addition to the terms of the Contract or the work performed.The Surety agrees that modifications and changes to
<br /> the terms and conditions of the Contract that increase the total amount to be paid the Principal shall automatically
<br /> increase the obligation of the Surety on this bond and notice to Surety is not required for such increased
<br /> obligation.
<br /> U This bond may be executed in two (2) original counterparts, and shall be signed by the parties' dulyauthorized
<br /> officers. This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for
<br /> I ,, the pficer eXecuting on behalf of the surety.
<br /> Arg•n.ut Insure = Company,C/O CMGIA
<br /> ••tc,)`'I RINCIPAL 10.41vironmental & Infrastructure, Inc. SURETY 203 5 e ura : Suite 426,Woodland Hills,CA 91364
<br /> 1:...:', 0 e �I: ' /,.1 A '1l1a;.. . \\\ut,,t�1PAN y rr1,s'r
<br /> O rt 'Prlrited Narfle:111 . ' i0 . 11 . • Printed Na - G: brlM:d .:'.�0�{.- I:`x
<br /> r c , Y y
<br /> I �fj•' w, h �r , i Title: Attorney-In- act ; .: '' '4 Zr .c
<br /> •
<br /> ''i '" Dated: September 17, 2019 F d < ...‘47. »
<br /> 'Argon address, and telephone number of local office/agent of Surety is: • .9 ° �• �*
<br /> Name
<br /> I
<br /> Argonaut Insurance Company
<br /> !r��,,,,,-).....i.'.....� \eR��
<br /> C/O CMGIA 20335 Ventura Blvd., Suite 426, Woodland Hills, CA 91364 ''�irir lh M.\����,,
<br /> 866-363-2642
<br /> PERFORMANCE BOND APPROVED
<br /> BY ATTEST: APPROVED AS TO FORM:
<br /> j CITY OF EVERET , ,•HINGTON
<br /> I �` Office of the City Attorney
<br /> By: �.� . I./%...i•- — APPROVED . • - .
<br /> v"-""Te Fr ��- oor aron Fuller, City I rk Jam;L!IeljI - • Attbiiiey
<br /> I
<br /> Date: c) .g-, / -7 Date: 2S Date: 7. ? _-
<br /> 1
<br /> 00 61 13 - 1 PERFORMANCE BOND AND PAYMENT BOND 1
<br /> *Infrastructure, Inc. **Hundred Ninety One and 78/100
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