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BK : 1721 PG : . 467
<br /> 1
<br /> 532033P
<br /> SECTION 00612 • PAYMENT BOND
<br /> ' KNOW ALL MEN BY THESE PRESENTS
<br /> _ BY THIS BOND , we
<br /> Timothy Rose Contracting , Inc , 1360 SW Old Dixie Hwy , Vero Beach ,
<br /> FL 62 (1' 772 ) 564 - 7800
<br /> as Principal (Contractor) ,
<br /> (Insert name • principal business address , and lelophone number of PrincipaUContractor)
<br /> ' and
<br /> Developers Surety and Indemnit Company 150 South Pine Island Road
<br /> .- to 115 , Plantation , FL 33324 ( 954 ) 693 - 0270
<br /> ' _ : - , a corporation , 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 , 1840 , 25th Street, Vero Beach ,
<br /> Florida 32960 , (772-5674000)0
<br /> ' fithe sum ofR M "o d t and Dollars ($ 1 , 120167) x . 00
<br /> amounting to 1 % o e Oil bid price . or he payment o sai sum we bind ourselves , our heirs .
<br /> Executors , administrators and assigns , jointly and severally, for the faithful performance of a certain
<br /> written Contract, dated the ! day of 20,, entered into between
<br /> the Principal and . the County of Indian River, for:
<br /> — Bond Number. 5 3 2 0 3 3 P
<br /> Project Name : 4`" Street Widening from U.S . 1 to West of Old Dixie
<br /> County Project Number 9205
<br /> Project Address: The project is located at 4" Street and U . S. 1 Vero Beach FL.
<br /> Project Description : Construction of Widening 4th street and drainage 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 /> -New , THEREFOR{:, THE CONDITIONS OF THIS OBLIGATION ARE SUCH , that, 4tthe Principal
<br /> shall promptly, make payments to all claimants, as herein below defined , then this obligation shall be
<br /> void ; otherwise , this Bond shall remain in full force and effect, subject to the following terms and
<br /> conditions:
<br /> 1 . A claimant, as defined in Florida Statutes Section 255 . 05(1 ), supplying Principal
<br /> with labor, materials, or supplies , used directly or indirectly by Principal in the
<br /> prosecution of the Work provided for- in the Contract.
<br /> 2 . Florida Statutes Section 255 05 (2002) , as amended from time to time , together with
<br /> all notice and time provisions contained therein , is incorporated herein in its entirety
<br /> by this reference.
<br /> 5/44/01 PAYMENT BOND 00612- 1
<br /> ' F .TubGc WorkslCapita! Prolectalfounh Street-old DIXIOU511CONTAACT DOCUMENTSIOQG12 • Payment Bond.doc
<br /> A TRUE COPY
<br /> CERTIFICATION ON LAST PAGE
<br /> J . K . BARTON , CLERK
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