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PERFORMANCE BOND <br /> Bond No.: 2307971 <br /> The City of Everett has awarded to Landscape Structures Inc. (Principal),a contract for the construction of the project <br /> designated as Howarth Park,in Everett,Washington(Contract),and said Principal is required to furnish a bond for <br /> performance of all obligations under the Contract. <br /> The Principal, and North American Specialty Insurance Company (Surety),a corporation organized under the laws of the <br /> State of NH 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 Bureau <br /> of Accounts, U.S.Treasury Dept.,are jointly and severally held and firmly bound to the City of Everett in the sum of <br /> Two Hundred Thirty Nine Thousand Four Hundred Seventeen and 50/100 US Dollars($ 239,417.50 ) <br /> Total Contract Amount,subject <br /> to the provisions herein. <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 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,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 on <br /> behalf of the surety. <br /> PRINCIPAL SURETY <br /> Landscape Structures Inc North American p alty Insurance Company <br /> Pted Name: 6/11 S J• ��i1 Printed Nam • <br /> Ct.- <br /> �,,1 Judith A. ucky-Efti v <br /> /� <br /> Title: °ra( i t l V ►1‘d.3 2e p 4'3 Title: Att net!-j1LFact 9. 2 <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> Aon Corporation <br /> 200 E Randolph <br /> Chicago, IL <br /> 60601 <br /> PERFORMANCE BOND APPROVED BY <br /> CITY OF EVERETT,WASHINGTON ATTEST: APPROVED AS TO FORM: <br /> --, Ofrice of the City.Attorney <br /> APPROVED AS TO FORM <br /> David C. Hall,City <br /> Cassie Franklin,Mayor Sharon F IIer,City Clerk City Attorney <br /> Date: 7 —/( - Date: Date: ?r /�• i!� <br />