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PAYMENT BOND
<br />Bond No. 100024762
<br />Total Landscape
<br />The City of Everett has awarded to Corporation (Principal), a contract for the construction of the project
<br />designated as Landscaping and Irrigation Repairs, Project No. 2023-005, 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 (RCW)
<br />and (where applicable) 60.28 RCW.
<br />The Principal, and Merchants Bonding Company (Mutual) (Surety), a corporation organized under the laws ofthe State of
<br />Iowa 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
<br />Firty Thousand and 00/100 US Dollars ($ 50,000.00 ), which is the Required Bond
<br />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, 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 />PRINCIPAL Total Landscape Corporation SURETY Merchants Bonding Company (Mutual)
<br />7'7a
<br />Printed Name: I CU ti,n s
<br />Title: )1 HR:I kith
<br />Printed Name:
<br />Timothy S. Buhite
<br />Title: Attorney -in -Fact
<br />STANDARD BOND FORM
<br />OFFICE OF THE CITY ATTORNEY
<br />APPROVED AS TO FORM
<br />APPROVED AS TO CITY CHARTER § 4.1
<br />04/1i/2023
<br />Local Office/ Agent of Surety:
<br />Name: Leavitt Group Northwest
<br />Address: PO Box 833, Auburn, WA_98071
<br />Phone Number: (425) 317-3561
<br />Email: timothy-buhite@leavitt.com
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