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w► - <br /> City of Everett 00 6113 - 1 <br /> Rotary Park Renovation <br /> SECTION 00 6113 - PERFORMANCE BOND AND PAYMENT BOND <br /> PERFORMANCE BOND <br /> Bond No.: 023220400 <br /> Specialty Equipment LLC dba <br /> The City of Everett has awarded to Neptune General Contractors(principal), a contract for the construction of <br /> the project designated as ROTARY PARK RENOVATION, Project No. 2021-072, in Everett, Washington <br /> (Contract), and said Principal is required to furnish a bond for performance of all obligations under the Contract. <br /> The Principal, and The Ohio Casualty Insurance Company (Surety), a corporation organized under the <br /> laws of the State of New Hampshire 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 Four Hundred Fifty-Four Thousand Nine Hundred and 60/100 US Dollars <br /> ($ 454,900.60 ) Total Contract Amount, subject to the provisions herein. <br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs, executors, <br /> administrators, successors, or assigns shall well and faithfully perform all of the Principal's obligations under the <br /> Contract and fulfill all the terms and conditions of all duly authorized modifications, additions, and changes to said <br /> Contract that may hereafter be made, at the time and in the manner therein specified; and if such performance <br /> 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, 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 <br /> the terms and conditions of the Contract that increase the total amount to be paid the Principal shall automatically <br /> increase the obligation of the Surety on this bond and notice to Surety is not required for such increased <br /> 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 onl accepted if it is accompanied by a fully executed and original power of attorney for <br /> the officer executing on b:,hal if the surety. <br /> PRIN IP L Specialty +,qui. ent LLC dba SURETY Trhio Casualty I urance Company <br /> Neptune Gen'-ra Co tractors <br /> ' J TY <br /> S ' <br /> *'�P . oR P OR•L�9 <br /> Printed Name: . VA1641to Printed Name: Cameron Huntsucker { sfi oy. <br /> :o:z 1919 v.n+- <br /> Title: } � Title: Attorney-in-Fact •m 0' <br /> •Name, address, and telephone number of local office/agent of Surety is: '�.• •...)�aa <br /> 4i , <br /> Integrity Surety LLC 17544 Midvale Ave N #300 Seattle WA 98133 <br /> (206)546-1397 cameron@integritysurety.com <br /> PERFORMANCE BOND APPROVED <br /> BY ATTEST. APPROVED AS,TQ_FORM: <br /> .. <br /> CITY OF EV TT, /ASHINGTON 'ss �t�� Cy ttornev <br /> APPROVED AS TO FORM <br /> alit! I <br /> b �; David C. Hai!,City Attorney <br /> By: <br /> C s e r i , May or S�ar�x�-Fuller, Cit Clerk City Attorney <br /> Date: - Date: 1 •Z : Date: /• /0 s L <br /> 00 6113 - 1 PERFORMANCE BOND AND PAYMENT BOND <br />