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PAYMENT BOND <br /> Bond No. 53580 <br /> The City of Everett has awarded to Metro Painting,LLC (Principal),a contract for the construction of the project <br /> designated as Graffiti Removal Services,Bid No.2021-105,in Everett,Washington(Contract),and said Principal is required under the <br /> terms of that Contract to furnish a payment bond in accord with Title 39.08 Revised Code of Washington(RCW)and(where <br /> applicable)60.28 RCW. <br /> The Principal,and Western National Mutual Insurance Company(Surety),a corporation organized under the laws of the State of <br /> Minnesota 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 one hundred thousand US Dollars <br /> ($100,000),which is the Annual Required Bond Amount,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 Metro Painting,LL SURETY Western National Mutual Insurance Company <br /> zee/Ai! <br /> ai <br /> \\..SAP/.1A 4-- 6.•( - <br /> Printed Name: ��y C er�� Printed Name: Theresa A. Lamb <br /> Title: #12,4-i9/'-7,09 1'2 e e.,..e Title: Attorney-in-Fact <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> HUB International NW,LLC <br /> P.O.Box 3018 <br /> Bothell,WA 98041-3018 <br /> (425)489-4500 <br /> PAYMENT BOND APPROVED BY <br /> CITY OF EVERETT, - GTON ATT APPROVED AS TO FORM: <br /> _Ad <br /> By: <br /> "ssie CliMr:yor City Clerk I City Attorney <br /> Date: Date: 1 2l., Date: <br />