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t, CITY OF EVERETT PUBLIC WORKS <br /> SPECIAL PROVISIONS <br /> I <br /> DOCUMENT 00 61 13.13 —PERFORMANCE BOND <br /> I <br /> Bond No.: 023039649 <br /> I The City of Everett has awarded to Stellar J Corporation (Principal), a contract for the construction of <br /> the project designated as Portal 1 Replacement, Project No. UP3602, in Monroe, Washington (Contract), and said <br /> Principal is required to furnish a bond for performance of all obligations under the Contract. <br /> Liberty Mutual Insurance Company <br /> The Principal, and (Surety), a corporation organized under the <br /> laws of the State of Massachusetts and licensed to do business in the State of Washington as surety <br /> and named in the current list of"Surety Companies Acceptable in Federal Bonds"as published in the Federal <br /> Register by the Audit Staff Bureau of Accounts, U.S. Treasury Dept., are jointly and severally held and firmly <br /> I bound to the City of Everett in the sum ofSeven Hundred Sixty Five Thousand''4JS Dollars <br /> ($ 765, 372 .51 )Total Contract Amount, subject to the provisions herein. <br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs, executors, <br /> I administrators, successors, or assigns shall well and faithfully perform all of the Principal's obligations under the <br /> Contract and fulfill all the terms and conditions of all duly authorized modifications, additions, and changes to said <br /> Contract that may hereafter be made, at the time and in the manner therein specified; and if such performance <br /> obligations have not been fulfilled, this bond shall remain in full force and effect. <br /> I <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, and waives notice of any change, extension of time, alteration or <br /> I addition to the terms of the Contract or the work performed. The Surety agrees that modifications and changes to <br /> the terms and conditions of the Contract that increase the total amount to be paid the Principal shall automatically <br /> increase the obligation of the Surety on this bond and notice to Surety is not required for such increased <br /> obligation.* Three Hundred Seventy Two Dollars and 51/100 <br /> I <br /> This bond may be executed in two (2)original counterparts, and shall be signed by the parties' duly authorized <br /> officers. This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for <br /> the officer executing on behalf of the surety. <br /> I PRINC.IP L Stell Corporation SURETY Liberty Mutual Insurance Company <br /> XILUA/VeL144 , ..„,,, Al , <br /> IPrinted Name: K,•fi, b(in9 horn Printed Name: Deanna M. French <br /> Title: Crec jitQ.4- Title: Attorney-in-Fact <br /> IName, address, and telephone number of local office/agent of Surety is: <br /> Parker, Smith & Feek, Inc. <br /> I 2233 112th Ave. N.E. , Bellevue, WA 98004 <br /> (425) 709-3600 <br /> I PERFORMANCE BOND APPROVED <br /> BY ATTEST: APPROVED AS TO FORM: <br /> CITY OF EVERETT, WASHINGTON <br /> I By: <br /> Ray phanso Mayor Sharon Fuller, City Cl rk James D. e Ci ey ; <br /> Date: Gt • ��.1 i�''_ Date: O <br /> I <br /> END OF DOCUMENT 00 61 13.13 <br /> I <br /> Portal 1 Replacement June 2017 <br /> IW0# UP3602 00 61 13.13 - 1 <br />