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--.- (Not to be ueed for pubIIc works contracts) <br />SURETY COh1PANY: BQND NO. 5229824 <br />Name SAFECO INSURANCE COMPANY OF AMERICA Const. Site Address: <br />Addless Safeco Plaza <br />City� Stflte� Zip Sc:attle. Washineton 98185 Permit Referenee: <br />Telephone No. (�06) 881-4924 <br />Agent's Name <br />(ContaCt Pe�'Son) Marsh & PfcLennan, Inc. <br />John Lmery <br />CITY OP EYESETT <br />PERFORMANCE BO!!D <br />KNOW ALL � aa BY THESE PRESEN'fE,: <br />That we, <br />Puget Sound ?ower s Light Company , es Principal(hereinafter referred io as <br />^Principal"�� Blld ceps�n TNCI1A�lN!'F �namnray f1F AAIFRTCA � fl COC�OCfl�1071 OI'� <br />ganized and e•:isttng under and by virtue ot the ]aws of wASHINGTON , <br />authorized to do business in the State ot Washington, as Sure!y (hereinafter <br />referred to as "Surety"), are held and firmly bound unto the City of E��erett, a <br />municipal corporation under the laws of the State ot WashIngton (herainafter <br />referred to es "City"), as Obligee, in the penal sum ot One Ni�r�dred Forty <br />?housand �s 140,000 ) Dollars for the payment of which, well <br />end tnily to be made, we (irmly bind ourselves, our heirs, execr:ars, <br />_administrators,successors, and assigns,jointly end severally by these presents. <br />WHEREAS, Principal hes agreed to �onstruct the following improvements in <br />the City of Everett, State o[ Washington: �ur5, gutter, sidewaik, paving <br />and drainage on the "�orth side oi Scenic 'lrive as depicted on the <br />approved plans su6mitted in conjunction with Puhlic llorks Permit ��o. <br />°7-29G. <br />; and <br />WfiERE�S, Principal has agreed to construct the improvements at the <br />following location which is located in the Ciiy of Everett, County oC Snohomish, <br />State of Weshington, end is described es follows: See attached Exhibit .4 <br />; and <br />WHEREAS, the City is requiring the Principal to provide a bond <br />guatanteeing the construction of said improvemenu. <br />Forrn 11i82 <br />