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PAYMENT BOND <br /> Bond No. 107262731 <br /> The City of Everett has awarded to Apply-A-Line,LLC (Principal),a contract for the construction of the project <br /> designated as PAVEMENT MARKINGS, Project No. 2020-038, in Everett,Washington (Contract), and said Principal is <br /> required under the terms of that Contract to furnish a payment bond in accord with Title 39.08 Revised Code of Washington <br /> (RCW)and(where z�pppli 4able 60.2 RCW. <br /> ravelers Casualty and RC <br /> W.., Company <br /> The Principal,and of America (Surety),a corporation organized under the laws of the <br /> State of CT and licensed to do business in the State of Washington as surety and named in the <br /> current list of"Surety Companies Acceptable in Federal Bonds"as published in the Federal Register by the Audit Staff <br /> Bureau of Accounts,U.S.Treasury Dept.,are jointly and severally held and firmly bound to the City of Everett in the sum of <br /> One Hundred Thirteen Thousand Eighty Nine and 11/100 US Dollars($ 113,089.1 l )Total Contract Amount, <br /> subject to the provisions herein. <br /> This statutory payment bond shall become null and void,if and when the Principal,its heirs,executors,administrators, <br /> successors, or assigns shall pay all persons in accordance with RCW Titles 39.08 and 39.12 including all workers,laborers, <br /> mechanics,subcontractors,and material suppliers,and all persons who shall supply such contractor or subcontractor with <br /> provisions and supplies for the carrying on of such work; and if such payment obligations have not been fulfilled,this bond <br /> 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 Contract, <br /> the specifications accompanying the Contract,or to the work to be performed under the Contract shall in any way affect its <br /> obligation on this bond, except as provided herein, 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 the <br /> terms and conditions of the Contract that increase the total amount to be paid the Principal shall automatically increase the <br /> obligation of the Surety on this bond and notice to Surety is not 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 officers.This <br /> bond will only be accepted if it is accompartied'bMfull1y executed and original power of attorney for the officer executing <br /> on behalf of the surety. 1/ <br /> Q Pg'LITr COI 9 Travelers Casualty and Surety Company of America <br /> PRINCIPAL Appl -A-Line,LLC Q=`moo ,„ SURETY <br /> Ti <br /> SEAL � <br /> Printed Name: Ron Reilly //'' /� '' 9$Lk `=Printed Name: Jim S.Kuich <br /> gSHING� <br /> Title: Assistant Vice President ,, ������.��`` Title: Attorney-in-fact <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> HUB Northwest <br /> PO Box 3018,Bothell,WA 98041-3018 <br /> (425)489-4500 <br /> PAYMENT BOND APPROVED BY <br /> CITY OF EVERETT 'SHINGTON ATTEST: FtfiQVUP t*Tatf ARMOey <br /> APPROVED AS TO FORM <br /> �� David C.Hall,City Attorney <br /> By: <br /> Cassie Fr. , Mayor Sharon Fuller,City Clerk City Attorney <br /> Date: 1101 ry go Date: 6//.3-12 O�'0 Date: 6, /0.2.c� <br />