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PUBLIC CONSTRUCTION BOND <br /> Bond No . 105821329 <br /> (enter bond number) <br /> BY THIS BOND We communityPCorpAsp .Cor . as Princi al and Travelers Casualtyand <br /> Surety Company of America , a corporation , as Surety, are bound to Indian River coup oar o ounty <br /> , herein called Owner, in the sum of $ 7760945.42 , for pa h1116Y which we <br /> bind ourselves, our heirs , personal representatives, successors, and assigns, jointly and <br /> severally. <br /> THE CONDITION OF THIS BOND i that if Principal : <br /> 1 . Performs the contract dated ' 4a a'a 1 �', between Principal and Owner for <br /> construction of Indian River Boulevard Resurfcing (41st Street to 53rd Street) , the contract being <br /> made apart of this bond by reference, at the times and in the manner prescribed in the <br /> contract; and <br /> 2 . Promptly makes payments to all claimants, as defined in Section 255.05( 1 ) , Florida <br /> Statutes, supplying Principal with labor, materials , or supplies, used directly or indirectly <br /> by Principal in the prosecution of the work provided for in the contract; and <br /> 3 . Pays Owner all losses, damages, expenses, costs , and attorney's fees , including <br /> appellate proceedings , that Owner sustains because of a default by Principal under the <br /> contract; and <br /> 4. Performs the guarantee of all work and materials furnished under the contract for the <br /> time specified in the contract, then this bond is void; otherwise it remains in full force. <br /> Any action instituted by a claimant under this bond for payment must be in accordance <br /> with the notice and time limitation provisions in Section 255.05(2), Florida Statutes. <br /> Any changes in or under the contract documents and compliance or noncompliance <br /> with any formalities connected with the contract or the changes does not affect Surety's <br /> obligation under this bond . <br /> DATED ON 12" 1 /2012 <br /> Community Asphalt Corp. <br /> Name qf Princi al <br /> By <br /> Travelers Casualty and Surety Company of America <br /> Name of Sure <br /> By Aj 11h 107 <br /> Jo h M. Pi trangelo, A omey4n-Fact & FC R d4Agent ; <br /> 00610 - 3 <br /> �. 00610 - Public Construction Boni} doo'. - �•¢ <br /> F:1Public Works\ENGINEERiNG DIVISION PROJECTS\11314R Blvd Resurfacing 41st St to 53rd St-SEE PROJ <br /> 0927Wdmim\Contrac1 Documents\00610 - Public Construction Bond-doc <br />