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I IN <br /> I <br /> If I <br /> " ss�. . , .y. a:` '� .1 ,. '", 5"rIN " x � - ¢ ,^ ,... sbia xr . s, �,: v,.. u . : zFYI J IN <br /> FI I r 3 x > <br /> r <br /> JI <br /> i <br /> PUBLIC CONSTRUCTION BOND <br /> Bond No . 58692682 <br /> (enter bond number) <br /> BY THIS BOND , We GUETTLER BROTHERS CONSTRUCTION , IN65 principal and WESTERN <br /> SURETY COMPANY a cor <br /> poration , as Surety, are bound to INDIAN RIVER COUNTY <br /> herein called Owner, in the sum of $ 7,498,095 .00 * * * * * * * * * * * * * , for payment of which we <br /> bind ourselves , our heirs , personal representatives , successors , and assigns , jointly and <br /> severally . <br /> THE CONDITION OF THIS BOND is that if Principal , <br /> 1 . Perrorms the contract dated A9r;1 'LOQ , between Principal and Owner for <br /> construction of 66th Avenue Improvements Phase 2 ( 4th Street to 16th Street) , the contract being <br /> made a part 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 ail 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 GUETTLER BROTHERS CONSTRUCTION , LLC <br /> 1Name of Pnnciogll <br /> By . <br /> - As` Atto�rrey in r ' Gerald J. rr� h <br /> 1 _ <br /> WESTERN SURETY COMPANY , <br /> Name of Sureiv <br /> i <br /> D061 D - 3 <br /> (A)610 % Puhlic Construction 8ond .doc <br /> P:\Public Warks\ENGINEERING DIVISION, PROJEGT51981013-66th Ave Ph 2 4th St to 16th SAAdfPl lvl)l) d decunlents100610 - <br /> Public Construction Bond . doc <br /> i <br /> N <br /> . e . <br />