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A-1614534 RECORDED IN THE RECORDS OF JEFFREY K BARTON , CLERK CIRCUIT COURT INDIAN
<br /> .IVER CO FL , BK : 1830 PG : 2211 , 02 / 03 / 2005 11 : 13 AM
<br /> • SECTION 00610
<br /> PERFORMANCE BOND
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> BY THIS BOND, we
<br /> Summit Construction Manaaement , Inc .
<br /> 3200 43rd Avenue , Suite 11
<br /> vero Beac , FL 6
<br /> (Contractor), ^ as Principal
<br /> (Insert name, principal business address, and telephone number of Prindpat/Contrador)
<br /> and
<br /> Old Republic Surety Company & Old Republic Insurance Company
<br /> e * u . rsox 4658 , winter FarK , FE Jlel '33�
<br /> ( 407 ) 677 - 0080 a corporation,
<br /> as Surety, Li&Uity cf Old l�a� SreeLy is ].indt:ed do $316MIMD.00
<br /> (Insert name, ri i t bue�s� . dre „a teind hone umber of Surfs
<br /> tI' caln 1rau� � t ry ys 1 and to $11826.4610D
<br /> are held and firmly bound unto the County of Indian River, Florida, 1840, 25th Street, Vero
<br /> Beach,. Florida 32960, (772-567-8000), veru r1
<br /> in the sum of Five Mdilion Four HtmydYed TI --Four Thousand Four Hundred S '59
<br /> ($ 5 , 434 , 463 . 00 ), amounting to 125% of the total bid price. For the payment of said sum
<br /> we bind ourselves, our heirs, executors, administrators and assigns, jointly and severally, for
<br /> the faithful performance of a certain written Contract, dated the 18th day of
<br /> (j r, ,ta ,nar)z , 2004, entered into between the Principal and the County of Indian River, for.
<br /> Bond Number. OCN549556
<br /> Project Name: Indian River County Department of Utility Services — Operations Complex
<br /> IRCDUS Project Number. UCP #2229
<br /> Project Address: 4355 41 " Street Vero Beach, FL 32967
<br /> Project Description: Provide all labor, equipment, materials, facilities and services to
<br /> complete the following: clear and grub approximately 19.5 acres of overgrown citrus grove;
<br /> excavate approximately 27,000 c.y, of dry material and 19,500 c.y. of 'wet' material with all
<br /> soils to be kept on-site; stockpile and exchange approximately 12, 500 c.y. of unsuitable fill
<br /> material with excavated 'wet' material; import approximately 3,000 c.y. of general fill; grade
<br /> and shape entire 19.5± acres; prepare two building pads with total footprints of
<br /> approximately 31 ,379 s.f. ; underground sewer, potable water, electric service,
<br /> communications and irrigation; approximately 22,703 s.y. of asphalt pavement and 1 ,445
<br /> s.y. of concrete pavement with associated subgrades and base; sidewalk; equipment pads
<br /> and equipment; site lighting ; traffic control and parking spaces; fencing and access control;
<br /> sodding, seeding, mulching and landscaping; one 19, 649 s.f. metal framed warehouse; and
<br /> one 11 , 730 s.f metal framed office building.
<br /> A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully
<br /> copied herein.
<br /> �.. Florida Statutes Section 255.05 (2002), as amended from time to time, together with all notice
<br /> and time provisions contained therein , is incorporated herein in its entirety by this reference.
<br /> IRC OPERATIONS COMPLEX 00610 — Performance Bond
<br /> 00610 - 1
<br /> A ?RUECOP1r
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