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<br /> I City of Everett
<br /> South00 61 13 - 2
<br /> Precinct Roof Replacement
<br /> PAYMENT BOND
<br /> I
<br /> Bond No, 30072543
<br /> The City of Everett has awarded to Snyder Roofing of Washington,LLC (Principal), a contract for the construction of
<br /> I the project designated as Evergreen branch Library- Expansion, Project No.2017-008, in Everett,Washington
<br /> (Contract), and said Principal is required under the terms of that Contract to furnish a payment bond in accord
<br /> with Title 39,08 Revised Code of Washington(ROW)and(where applicable)60.28 RCW.
<br /> I
<br /> The Principal, and
<br /> laws of the State of South Dakota Western Surety Company (Surety), a corporation organized under the
<br /> 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 /> I bound to the City of Everett in the SUM Of Four Hundred Eight Thousand,Six Hundred Sixty&23/100ths US Dollars
<br /> ($408,660.23 )Total Contract Amount, subject to the provisions herein.
<br /> This statutory payment bond shall become null and void, if and when the Principal, its heirs, executors,
<br /> I administrators, successors, or assigns shall pay all persons in accordance with RCW Titles 39.08 and 39.12
<br /> including all workers, laborers, mechanics, subcontractors, and material suppliers, and all persons who shall
<br /> supply such contractor or subcontractor with provisions and supplies for the carrying on of such work; and if such
<br /> payment obligations have not been fulfilled, this bond shall remain in full force and effect.
<br /> IThe 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 /> any way affect its obligation on this bond, except as provided herein, and waives notice of any change,extension
<br /> I
<br /> of time,alteration or addition to the terms of the Contract or the work performed.The Surety agrees that
<br /> modifications and changes to the terms and conditions of the Contract that increase the total amount to be paid
<br /> the Principal shall automatically increase the obligation of the Surety on this bond and notice to Surety is not
<br /> I required for such increased obligation
<br /> This bond may be executed in two(2)original counterparts, and shall be signed by the parties'duly authorized
<br /> officers. This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for.
<br /> , the officer executing on behalf of the surety.
<br /> I eee : C, CI t
<br /> °°`! .�‘! '.'Pf� 1NC' PAL Snyd Roofing of Washington,LLC SURETY Western Surety Company
<br /> iic
<br /> e.. n ,(a Z4 0,' 1/ , 1 _ -
<br /> 0
<br /> : m 1, n�d ame: Printed Name: Nicholas Fredrickson
<br /> 9 �.
<br /> i' './1°rt,�h4*Y° 1 Attorney-in-Fact, .'e:, t� Title: Y "_
<br /> �J,.�3 v� ee`eV
<br /> .,,,, . , ome address..._and telephone number of local afficeiagent of Surety is:
<br /> Parker,Smith&Feek,Inc.
<br /> I
<br /> 2233 112th Avenue NE
<br /> Bellevue,WA 98004
<br /> 425-709-3600
<br /> It PAYMENT BOND APPROVED BY
<br /> CITY OF EVERETT,WASHINGTON ATT. .T: APPR.V
<br /> _ ___ OfficeED ofAS the CityTOFORM:Attorney
<br /> �.----'� . APPROVED AS TO FORM
<br /> By: –.00/111111111P----------'
<br /> � �. /Iii4 _.�. D
<br /> a or baron ul er, Ci Cl-rk - - •-
<br /> Cass '""�'—
<br /> Date: GT�1 • Date: Date: �.ast,.� 9 —...
<br /> I
<br /> END OF SECTION 00 61 13
<br /> I00 61 13 - 2 PERFORMANCE BOND AND PAYMENT BOND
<br /> Page 35
<br /> IProvided to Builders Exchange of WA,Inc.For usage Conditions Agreement see www.bxwa.com-Always Verify Scale
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