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PAYMENT BOND <br /> Bond No. 72287896 <br /> The City of Everett has awarded to All Around Fence Company (Principal), a contract for the construction of the project <br /> designated as Chain-Link Fence Installation, Project No. 2020-058, 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 applicable) 60.28 RCW. <br /> The Principal, and Western Surety Company (Surety), a corporation organized under the laws of the <br /> State of South Dakota 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 /> Ninety-nine thousand one hundred thirteen&82/100 US Dollars($99,113.82 )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 accompanied by a fully executed and original power of attorney for the officer executing <br /> on behalf of the surety. <br /> PRINCIPAL All Ar and Fence Co any SURETY Western Surety Company, <br /> n/k4 (��iD (Jan l/_ <br /> Printed Name: re/7 0&e Printed Name: Jennifer D. Lutz <br /> Title: Title: Attorney-in-Fact <br /> Name, address, and telephone number of local office/agent of Surety is: <br /> Beil-A.nderscn Agency, Inc <br /> 600 SW 39th Street Suite 200 <br /> Renton, WA 98057 <br /> 800-442-128.1 <br /> PAYMENT BOND APPROVED BY <br /> CITY OF E\/ERE SHINGTON ATTEST1s. ,rni*dtf W �` -7- <br /> APPROVED kt 7A'-CIF<t‘A , <br /> David C.Mati,,Oi �tfoiti''ey <br /> By: C 1z740p-(i ........,..„ <br /> Cassie F , Mayor Sharon Fuller,City Clerk City Attorney <br /> � <br /> Date: C� Date: () 7/r�6g`J Date: ( ",Z0 <br />