Laserfiche WebLink
THE AMERICAN INSTITUTE OF ARCHITECTS <br />Bond No. 08934959 <br />A1A Document A311 <br />Labor and Material Payment Bond <br />3: <br />THIS BOND IS ISSUED SIMULTANEOUSLY WITH PERFORMANCE BOND IN FAVOR OF THE <br />OWNER CONDITIONED ON THE FULL AND FAITHFUL PERFORMANCE OF THE CONTRACT <br />KNOW ALL MEN BY THESE PRESENTS: that <br />r; 2854 SE Federal Hwy, Stuart, FL 34994 <br />as Principal, hereinafter called Principal, and, <br />Ocean Gate General Contractors, Inc. <br />(Here insert full name and address or legal title of Contractor) <br />Fidelity and Deposit Company of Maryland <br />1400 American Lane, Tower -I, 19th Floor,.. .Schaumburg, IL 60196-1056 reinsert full name and address or legal title of Surety) <br />" as Surety, hereinafter called Surety, are held and firmly bound unto Indian River County Board of County <br />Commissioners (Here insert full name and address or legal title of Owner) <br />Wr 1801 27th Street, Vero Beach, FL 32960 <br />as Obligee, hereinafter called Owner, for the use and benefit of claimants as hereinbelow defined, in the <br />11110 amount of Eight Hundred Fifty Eight Thousand Two Hundred Dollars and 44/100 <br />(Here insert a sum equal to at least one-hatf of the contract price) Dollars ($ . 8589200,44 <br />for thea <br />p yment whereof Principal and Surety bind themselves, their heirs, executors, administrators, <br />a successors and assigns, jointly and severally, firmly by these presents. , <br />WHEREAS, <br />Principal has by written agreement datedJuly 1, 2008 <br />for ,.entered into a contract with Owner <br />(Hen Insert IIr1 name, address and description of piciscq <br />Wabasso Beach Park Restoration; Project No. 0612 <br />in accordance with Drawings and Spec .Ifications'prepared by Donadio & Associates Architects P.A. <br />(FMre kmd 11x1 name and address or Iega1 two orArdescq <br />609 17' Street, Vero Beach, FL 32960 <br />which contract is liy referenc 6 made a part Woof, and Is hereinafter referred to as the Contract. <br />AIA DOCUMMT A311 PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND AIA <br />FEBRUARY 1970 ED. THE AMERICAN INSTITUTE OF ARCHITECTA 1735 N.Y. AVE, N.W, WASHINGTON, D.C. 20008 <br />1 <br />