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PERFORMANCE BOND <br /> 107262731 <br /> Bond No.: <br /> The City of Everett has awarded to Apply-A-Line,LLC (Principal),a contract for the construction of the project <br /> designated as 2020 PAVEMENT MARKINGS, Project No. 2020-038,in Everett,Washington (Contract),and said Principal is <br /> required to furnish a bond forA erformance of all obligations under the Contract. <br /> Travelers Casualty and Surety 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* US Dollars($ 113,089.11 )Total Contract Amount,subject <br /> to the provisions herein. *Eighty Nine and 11/100 <br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs,executors, administrators, <br /> successors,or assigns shall well and faithfully perform all of the Principal's obligations under the Contract and fulfill all the <br /> terms and conditions of all duly authorized modifications, additions, and changes to said Contract that may hereafter be <br /> made,at the time and in the manner therein specified;and if such performance obligations have not been fulfilled,this <br /> 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 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,and waives notice of any change,extension of time,alteration or addition to the terms of the <br /> Contract or the work performed.The Surety agrees that modifications and changes to the terms and conditions of the <br /> Contract that increase the total amount to be paid the Principal shall automatically increase the obligation of the Surety on <br /> 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 accompanied by a fully executed and original power of attorney for the officer executing <br /> on behalf of the surety. <br /> PRINCIPAL Apply-A-Line,LLC ;Q��;p`; F z��iSURETY Travelers Casualty and Surety Company of America <br /> Q s.: >P8ILIiYy�� n i <br /> ?::9 <br /> Printed Name: Ron Reilly SEAL s Prsnted Name:_Jim S. Kuich <br /> t <br /> Title: Assistant Vice Presie '" a ``,, ' ,0" Attorney-in-fact <br /> � title: <br /> � ,,SHI,,.NG <br /> I <br /> Name,address,and telephone number of idNai'afflWagent of Surety is: <br /> HUB Northwest <br /> PO Box 3018,Bothell,WA 98041-3018 <br /> (425)489-4500 <br /> PERFORMANCE BOND APPROVED BY <br /> CITY OF EVERETT, SHINGTON ATTEST: APP1DadL <br /> C)}4 /djtfP FORM: <br /> APPROVED A5 <br /> C. <br /> By: <br /> � ��"�� i,. u �;ey <br /> Cassie , Mayor Sharon Fuller,City Clerk City Attorney d <br /> Date: �� .��� Date: &/ /? G/ Date: [.� <br />