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PAYMENT BOND <br /> Bond No. 0240136 <br /> The City of Everett has awarded to Great Floors.LLC (Principal),a contract for the construction of the project <br /> designated as Forest Park Administration Building Re-Carpet Project,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 Berkley Insurance Company (Surety), a corporation organized under the laws of the <br /> State of Delaware 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 /> Thirty-six thousand two hundred forty-seven and 73/100 US Dollars($ 36,247.73 <br /> )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 addition <br /> to the terms of the Contract or the work performed.The Surety agrees that modifications and changes to the terms and <br /> conditions of the Contract that increase the total amount to be paid the Principal shall automatically increase the obligation <br /> 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 on <br /> behalf of the surety. <br /> PRINCIPAL Great Floors,LLC SURETY Berkley Insuran Company <br /> Ar'/Peta/ -- <br /> �� �. n <br /> Printed Name: (,t/z���f,Printed Name: Alexis Apostolidis e <br /> Tit'e: , Ott A',a'Njf(i90,e/}Y//i1a Title: Attorney-in-Fact <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> Willis Towers Watson —. <br /> One Union Square.600 University St,Suite 3100 <br /> Seattle,WA 98101 <br /> (205)868-0296 <br /> PAYMENT BOND APPROVED BY <br /> CITY OF EVEREU 1,WASHINGTON ATTEST: ASTOFORM: <br /> t:- ,y <br /> Ar'i't: >; .. riv'i <br /> David C.Half,CityAttorney <br /> By: <br /> Cassie Franli MaJZ1 <br /> r Sharon uller,City Clerk City Attorne <br /> Date: lr C' Date:+/0 — J Date: 34s- <br />