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SECTION 00610 - Performance Bond 1959943 .
<br />THIS DOCUMENT HAS BEEN
<br />RECORDED IN THE PUBLIC RECORDS
<br />KNOW ALL MEN BY THESE PRESENTS: OF INDIAN RIVER COUNTY FL
<br />BK: 2304 PG:244Q Pags1 of 11
<br />BY THIS BOND, we 11/21/2008 at 10:05 AM,
<br />SHELTRA & SON CONSTRUCTION CO., INC. JEFFREY K BARTON, CLERK OF COURT
<br />P, 0. BOX 336
<br />INDIANTOWN, FLORIDA 34956 (772) 597-11 AQ as Principal
<br />(Contractor),
<br />(Insert name, principal business address, and telephone number of Principal/Contractor)
<br />and
<br />GREAT AMERICAN INSURANCE COMPANY
<br />580 WALNUT STREET
<br />CINCINNATI, OHIO 45202 (800) 331-3379 a corporation,
<br />as Surety,
<br />(Insert name, principal business address, and telephone number of Surety)
<br />are held and firmly bound unto the County of Indian River, Florida, 1800, 27th Street, Vero
<br />Beach, Florida 32960, (772-567-8000)1 ONE MILLION, EIGHT HUNDRED THIRTY—ONE THOUSAND,
<br />in the sum of THREE HUNDRED TWENTY THREE AND o1 1nn-----_____ Dollars ($1,831,323.01),
<br />amounting to 100% of the total bid price. For the payment of said sum we bind ourselves, our
<br />heirs, executors, administrators and assigns, jointly and severally, for the faithful performance
<br />of a certain written Contract, dated the Lr"day of \0g:&A"a.r , 20 Al
<br />entered into between the Principal and the County of Indian River, for:
<br />Bond Number: 417 45 88
<br />Project Name: 5'Fr Street SW / 43`d Avenue Bridge Replacement and Intersection
<br />Improvements.
<br />tato No. ZwO61075
<br />County Project Number: 0206
<br />Project Address: 5th Street SW and 43` Avenue, Vero Beach, Florida.
<br />Project Description: The prosect will include the replacement of the 5th Street SW Bridge
<br />the 43`d Avenue Indian River Farms Water Control District Canal. The work will include
<br />.. _ . —. _ . . A. rel 1 .. 1 1... ..
<br />Avenue adjacent to the proposed intersection Improvements.
<br />A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully
<br />copied herein.
<br />NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that if the
<br />Principal shall in all respects comply with the terms and conditions of said Contract and its
<br />obligations thereunder, including all of the Contract Documents therein referred to and made a
<br />part thereof, and such alterations as may be made in the Contract Drawings and Specifications
<br />as therein provided for, and shall indemnify and save harmless the County of Indian River
<br />against and from all expenses, damages, injury or conduct, want of care of skill, negligence or
<br />default, including patent infringement on the part of the Principal, his agents or employees, in
<br />the execution or performance of said Contract, including errors in the Drawings furnished by the
<br />Principal, and further, if the Principal shall promptly make payments to all who supply him with
<br />00610 - Performance Bond REV 04-07.doc
<br />00610-1
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