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City of Everett 00 61 13-2 <br /> Fire Administration Building Tenant Improvements 18-1080 <br /> PERFORMANCE BOND APPROVED <br /> BY ATTEST: A O etfPiWAAQr MI <br /> CITY OF EVERETT SHINGTON <br /> APPROVED AS TO FORM <br /> David C.Hall,City Attorney <br /> By: <br /> fra p'ayor aeettl , ity Clerk City Attorney, <br /> Date: '5( 1 Za Date: A it 262-0 Date: <br /> Bond No. <br /> 107215312 PAYMENT BOND <br /> The City of Everett has awarded to Kirtley-Cole Associates LLC (Principal), a contract for the construction of <br /> the project designated as Fire Administration Building-Tenant Improvements Project No.18-1080, in Everett, <br /> Washington(Contract), and said Principal is required under the terms of that Contract to furnish a payment bond <br /> in accord with Title 39.08 Revised Code of Washington (RCW)and (where applicable)60.28 RCW. <br /> The Principal, and <br /> Travelers Casualty and Surety Company of America (Surety),a corporation organized under the <br /> laws of the State of Connecticut 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 One Million Seventy Nine Thousand Three Hundred Thirty* US Dollars <br /> ($ 1,079,334.00 )Total Contract Amount, subject to the provisions herein. *Four and 00/100--- <br /> This statutory payment bond shall become null and void, if and when the Principal,its heirs, executors, <br /> 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 /> 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 /> 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 /> 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 /> 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 /> PRINCIPAL Kirtley-Cole Associates LLC SURETY Travelers Casualty and Surety Company of America <br /> • <br /> By., J \i y- •'G�L <br /> Printed Name%�6'ZfL b / er.-/II (IN ( Printed Name: Holly E. Ulfers <br /> Title:( :Z S--f P vt fr /a-u F Title: Attorney-in-Fact <br /> Name,address, and telephone number of local office/agent of Surety is: <br /> USI Insurance Services <br /> 601 Union Street, Suite 1000, Seattle, WA 98101 <br /> 206-441-6300 <br /> 00 61 13- 2 PERFORMANCE BOND AND PAYMENT BOND <br />