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• 1 City of Everett 00 6113 - 1 <br /> 2019 Biosolids Removal UT3705-2 <br /> I <br /> SECTION 00 6113 - PERFORMANCE BOND AND PAYMENT BOND <br /> IPERFORMANCE BOND <br /> Bond No.: ES1235052 <br /> I <br /> The City of Everett has awarded to American Process Group Inc. (Principal), a contract for the construction of <br /> the project designated as 2019 Biosolids Removal, Project No.UT3705-2, in Everett, Washington (Contract), and <br /> I <br /> said Principal is required to furnish a bond for performance of all obligations under the Contract. <br /> The Principal, and The Guarantee Company of North America USA (Surety), a corporation organized under the <br /> I laws of the State of Michigan 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 /> bound to the City of Everett in the sum ofSix Hundred Eleven Thousand Four Hundred Eight--12/100 US Dollars <br /> I ($ 611,408.12 ) 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 /> IThe 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 /> Iaddition 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 /> Iobligation. <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 /> Ithe officer executing on behalf of the surety. <br /> PRINCIPAL American Process Group Inc. SURETY The Guarantee,Company of North America USA <br /> 'CA \ _, 2 p.N7EE-cod^ <br /> __CI_At' t- <br /> c� P � <br /> Printed Name: � Printed Name:Theresa Hedberg ,� <br /> ITitle: �i CC- P�-�5't Title: Attorney-in-Fact • <br /> Name, address, and telephone number of local office/agent of Surety is: <br /> �� <br /> I The Guarantee Company of North America USA One Towne Square, Suite 1470 Southfield, MI 48076 <br /> Ph: 780-424-2266-Theresa Hedberg <br /> IPERFORMANCE BOND APPROVED <br /> BY ATTEST: APPROVED AS TO FORM: <br /> ICITY OF EVER - , W' •HINGTON <br /> A...d_r CK <br /> Cassie F kl' yor aron Fuller it Clerk Jemes$+les, City A orney <br /> Date: �� j Date:1 ' Date: / '• %9 <br /> I00 6113 - 1 PERFORMANCE BOND AND PAYMENT BOND <br />