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PERFORMANCE BOND
<br /> Bond No.: 0217065
<br /> The City of Everett has awarded to Burton Construction Inc. (Principal), a contract for the construction of the
<br /> project designated as Job Order Contracting for General Construction Services (Contract), and said Principal is
<br /> required to furnish a bond for performance of all obligations under the Contract.
<br /> The Principal, and Berkley Insurance Company (Surety), a corporation organized under the laws of the State of
<br /> Delaware 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,
<br /> U.S.Treasury Dept., are jointly and severally held and firmly bound to the City of Everett in the sum of Two Million
<br /> and 00/100 US Dollars($2,000,000.00), subject to the provisions herein.
<br /> This statutory performance bond shall become null and void, if and when the Principal, its heirs, executors,
<br /> 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 /> 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 any
<br /> way affect its obligation on this bond, and waives notice of any change, extension of time, alteration or addition to the
<br /> terms of the Contract or the work performed.The Surety agrees that modifications and changes to the terms and
<br /> conditions of the Contract that increase the total amount to be paid the Principal shall automatically increase the
<br /> obligation of the Surety on this bond and 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.
<br /> This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for the officer
<br /> executing on behalf of the surety.
<br /> 00111111111/4,1/4
<br /> PRINCIPAL °0GONSTq(i4,
<br /> '',. SURETY
<br /> BURTON CONSTRU _ ► �,�:' PO4q•, >i0', Ber I y Insuran Company
<br /> •urtorr_ ' Z
<br /> Printed Name: m t_ SEAL O Printed Name: Shelly Donovan
<br /> *• • X997
<br /> Title: President '', q P�.�
<br /> ',,,�� 11pFj1V`� � Title: Attorney In Fact
<br /> Name, address, and telephone number of local office/agent of Surety is:
<br /> George C. Schroeder,Alliant Insurance Services, Inc.
<br /> 818 W. Riverside Ave., Ste. 800, Spokane, WA 99201, (509)325-3024
<br /> PERFORMANCE BOND APPROVED
<br /> BY CITY OF EVERETT, WASHINGTON
<br /> ATT T ficiatl APPROVED AS TO FORM
<br /> By: - `10
<br /> Cassie F ank in, Mayor Sharon Fuller, City Clerk aures D. Ile , City rney
<br /> Date: 1,1�� �Er Date: 1// D/�/ Dat �2�
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