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411 <br /> City of Eyeratt 00 6113 . 3 <br /> I 2029,P080148 Rem®Yal UT370b=11 <br /> PAYMENT BOND <br /> I <br /> Bond No. 01252.31 <br /> _____ <br /> The City of Everett hes awarded to Jmarieae Preeeeiez Druwo ins. (Principal), a contract for the construction of <br /> the project designated as 2020 Biosolida Removal, Project No:UT310S=11, in Everett, Washington (Contract), and <br /> I said Principal is required under the terms of that Contract to furnish a payment bond in accord with Title 39:08 <br /> Revised Code of Washington (RCW)end (where applicable)SO,28 RCW <br /> The Principal, and The 6uerant omosn firth A • rice USA (Surety), a corporation organised under the <br /> I <br /> laws of the State of Mi Kg end 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 Six Hundred Seventy Three Thousand Seven Hundred Ten /100 US Dollars <br /> (S 073,710.84_ ,) Total Contract Amount, subject to the provisions herein <br /> This statutory payment bond shell 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 3112 <br /> including all workers, laborers, mechanics, subcontractors, and material suppliers, and all persons who shell <br /> supply such contractor or subcontractor with provisions and supplies for the carrying on of such work and shall <br /> I pay the taxes, increases, and penalties Incurred on the project; and if such payment obligations have not been <br /> fulfilled, this bond shall remain in full force and effect. <br /> The Surety for value received agrees that no change, extension of time, alteration or addition to the terms of the <br /> I 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 /> of time, alteration or addition to the terms of the Contract or the work performed. The Surety agrees that <br /> I • 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 /> required for such increased obligation: <br /> I 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 /> IPRINCIPAL SURETY <br /> American Process Group inc. The Guarantee Corn en of North_- ,er-•= _,,� '4Y1 0� <br /> .T_n <br /> I Printed Namb �" PiL r('c - , Printed Name = _=: . , : , <br /> title; ,�"I �'' p4.--.,L Title° Attorne =in-Fact IiIIt - Q <br /> � P <br /> Name, address,and telephone number of local office/agent of Sure s: _ • .1b, -= — <br /> t►eresa Hedberg One Towne Square, Suite 1470 Southfield, Michigan(780)288-2003 <br /> IPAYMENT BOND APPROVED BY <br /> CITY OF EV ASHINOTON ATfi- ' ; APPROVED AS TO FORM: <br /> I()rr,et of the City Attorney <br /> 40 'COPfi :VFD AS TQ F,`?rtr,:; <br /> Cassi F a li , Mayor ra- r'Cl-r Day <br /> Dated r�l3 ( -____ Date: jilgrir --,.s ,.s Date;_ `(. (l .#p <br /> 00 G113 = 3 PERFORMANCE BOND AND PAYMENT BOND <br />