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PAYMENT BOND
<br /> Bond No. 7308980
<br /> Northwest Professional Residential & Commercial Construction Inc
<br /> The City of Everett has awarded to (Principal),a contract for the construction of the project
<br /> designated as Chain-Link Fence Installation—Various City Locations, Project No.2022-046, 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 Old Republic Surety Company (Surety),a corporation organized under the laws of the State of
<br /> 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 Two Hundred Nine
<br /> Thousand Five Hundred Fifty-Seven and 65/100 US Dollars($209,557.65 ),which is the Contract Price,
<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,successors,or
<br /> 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 all taxes incurred on said Contract under Title 50 and 51 RCW and all taxes imposed on
<br /> the Principal under Title 82 RCW;and if such payment obligations have not been fulfilled,this bond shall remain in full force and
<br /> effect.
<br /> The Surety agrees to indemnify,defend,and protect the City of Everett against any claim of direct or indirect loss resulting from the
<br /> failure of the Principal,its heirs,executors,administrators,successors,or assigns(or the subcontractors or lower-tier subcontractors
<br /> of the Principal)to pay all laborers, mechanics,subcontractors, lower-tier subcontractors material persons, and all persons who shall
<br /> supply such contractor or subcontractors with provisions and supplies for the carrying on of such work.
<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 will
<br /> 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.The Surety agrees to be bound by the laws of the state of Washington and subjected to the jurisdiction of the state of
<br /> Washington.
<br /> PRIN AL r
<br /> J
<br /> Printe Name: Jennifer Andrews P d Name. C-meron L. Huntsucker -' SEAL /"o'_
<br /> g. �_
<br /> President Attorne in Fact '° �
<br /> Title: Title: y-
<br /> Name, address,and telephone number of local office/agent of Surety is:
<br /> Integrity Surety LLC 17544 Midvale Ave N #300 Seattle WA 98133
<br /> (206)546-1397 cameron@integritysurety.com
<br /> BOND APPROVED BY STANDARD DOCUMENT
<br /> CITY OF EVERETT INGT - ATTEST: APPROVED AS TO FORM:
<br /> OFFICE OF THE CITY ATTORNEY
<br /> BY: ..
<br /> Ca ie/Fran lin, Mayor Office of e City Clerk (2.24.22)
<br /> Date: 71 (/v Date: 4 01ll�
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