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PUBLIC WORKS PAYMENT BOND <br /> to City of Everett,WA <br /> Bond No. <br /> The City of Everett, Washington, (City) has awarded to LL (Principal), a contract for <br /> the construction of the project designated as 41st St. to WMVD, Freight Corridor Improvements, Project <br /> No_COE 3472; Fed# STPUL-9931(012), 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) <br /> and (where applicable) 60.28 RCW. <br /> The Principal, and (Surety) a corporation organized under the <br /> laws of the State of attd lionsl tet did #lustrleit the Se #Wastit�lr a:a surety <br /> and named Ing the current listof Acceptable 3n. I! eiera]�Bonf s gbl stied in tt a Federal <br /> Register by the Audit``Staff'Burea�u:orAccounts, LLS Tr sury Dept, ,ire jointlyertd:severally held`end firmly bdund <br /> to the.city of Everett, in the sunt of <br /> US Dollar; (; : ,)Tp .l ContractAmount,subjectto the provisions.herein!.. <br /> This statutory payment bond shall become null and void, if andi.when the Principal, its heirs executors, <br /> administrators, successors,..Or assigns shallpay all.persons-in accordance with; RC\/ Titles_ 39 08 :and 39.12 <br /> including.all workers; laborers,mechanics,subcontractors,and material suppliers, and-all persons who shed)supply; <br /> such contractor or subcontractor with provisions and supplies`for the carrying on ofsuch Work and shall pay°'the <br /> taxes,increases, and penalties incurred on the project: andif such payment obligations have not'been fulfilled, this <br /> bond shall remain in full forceand 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, except as provided herein, and waives notice of any change, extension of, <br /> time,-alteration,or addsition to the termof the Contract or the work performed: The'Surety agrees that modifications <br /> and changes to the terms and conditions.of the Contract;that increase the total amount to bepaid the Principal shall <br /> automatically increase the obligation -of the Surety--on this;bond and notice to Surety is not required for such <br /> increased obligation: <br /> This bond may be executed in two (2) original counterparts; and shall be-signed by the parties' dulydu hoiize i <br /> officers. This bond will only be accepted if it is accompanied by a fully executed and original power of attorney ffrir <br /> the officer executing on behalf of the surety. <br /> PRINCIPAL SURETY <br /> Principal Signature Bate. Surety Signature: Date <br /> • <br /> Printed Name. Printed Name <br /> Title Title <br /> Name, address, and telephone of local office/agent of Surety Company is: <br /> Approved as to form: <br /> Signature Title Date <br /> 41''`'FEET TO Wi'1VI)l<Rn(;lrr <br /> r•nQRtnnn 1%1Pnn\'F\tF1 Cfi <br />