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PAYMENT BOND <br /> Bond No. 72405992 <br /> The City of Everett has awarded to Sound Cleaning Resources Inc (Principal),a contract for the construction of the project <br /> designated as Fire Station 4—Gutter and Downspout Replacement, Project No.2021-098, in Everett, Washington(Contract),and <br /> said Principal is required under the terms of that Contract to furnish a payment bond in accord with Title 39.08 Revised Code of <br /> Washington(RCW)and (where applicable)60.28 RCW. <br /> The Principal,and WESTERN SURETY COMPANY (Surety),a corporation organized under the laws of the State of <br /> South Dakota and licensed to do business in the State of Washington as surety and named in the current list of"Surety <br /> Companies Acceptable in Federal Bonds"as published in the Federal Register by the Audit Staff Bureau of Accounts,U.S.Treasury <br /> Dept.,are jointly and severally held and firmly bound to the City of Everett in the sum of $Twenty-Eight Thousand Seven Hundred <br /> Sixty-Five and Forty Cents US Dollars(528,765.40),which is the Contract Price,subject to the provisions herein. <br /> This statutory payment bond shall become null and void, if and when the Principal,its heirs,executors,administrators,successors, <br /> or assigns shall pay all persons in accordance with RCW Titles 39.08 and 39.12 including all workers, laborers, mechanics, <br /> subcontractors,and material suppliers,and all persons who shall supply such contractor or subcontractor with provisions and <br /> supplies for the carrying on of such work and shall pay the taxes, increases,and penalties incurred on the project;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 Contract,the <br /> specifications accompanying the Contract,or to the work to be performed under the Contract shall in any way affect its obligation <br /> on this bond,except as provided herein,and waives notice of any change,extension of time,alteration or addition to the terms of <br /> the Contract or the work performed.The Surety agrees that modifications and changes to the terms and conditions of the Contract <br /> that increase the total amount to be paid the Principal shall automatically increase the obligation of the Surety on this bond and <br /> 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 bond <br /> will only be accepted if it is accompanied by a fully executed and original power of attorney for the officer executing on behalf of the <br /> surety. <br /> PRINCIPAL SURE Y <br /> Sound Cleaning Resources,Inc.AJQOY :PROERT:TeSE <br /> Printed Name: 1yPrinted Name: KAREN A ING 1,3 <br /> z <br /> (� * SeMam- <br /> EAL *` <br /> Title: f ld044 Title: Attorney-In-Fact sod 14 <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> Fortune Management Group <br /> 705 S. 9th St., Ste. 302 <br /> Tacoma,WA 98405 <br /> 253-200-6633 <br /> PAYMENT BOND APPROVED BY <br /> CITY OF EVERETT,WASHING— N ATT T: APPROVED AS TO FORM: <br /> By: 4,4 <br /> Cassie Franklin,9 Mayor Sharon Fuller,City Clerk City Attorney <br /> Date:_/1 — 'L Z( Date: /�— �}C�. j Date: <br />