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BK: 2714 PG: 1,262 <br /> i <br /> i <br /> PUBLIC CONSTRUCTION BOND <br /> — Bond No . 60097533 <br /> (enter bond number) <br /> _ BY THIS BOND , We OAC Action Construction Corp . as Principal and <br /> Capitol Indemnity Corporation , a corporation , as Surety, are bound to <br /> herein called Owner, in the sum of $ 567 , 365 . 71 , for payment of which we <br /> bind ourselves , our heirs , personal representatives , successors , and assigns, jointly and <br /> severally. " Indian River County Board <br /> THE CONDITION OF THIS BOND is that if Principal : of County Commissioners <br /> _ 1 . Performs the contract dated0*yw & , 2. al3 , between Principal and Owner for <br /> construction of Historic Dodgertown Room Renovations, Bid Number 2014003 , 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 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 noncomplian;�M <br /> with any formalities connected with the contract or the changes does not affect Spr ,ty =Y Y , <br /> obligation under this bond . tot <br /> DATED ON y , P.o s <br /> O(>�vber Z t, t <br /> at7 <br /> OAC Action Cstruction Cola'p ; a I <br /> m rinc' F <br /> By <br /> 3 <br /> tot- <br /> LA"gorrickvIn a { <br /> Capit I Indem Corp o ` <br /> By ; y <br /> t <br /> (Name of SuretV)i .: w' <br /> Warren M . Alter, Attomi*, in`ofiact a '• ' <br /> t o` <br /> 0061D - 3 ` <br /> 00610 - Pubk Construction Bend.doeFllPublie Wonrc1E14GINEERING DMSION PR0JECTM1341-W3t«k Dodpw*i Ift VB Sports V&%M) Room RewveWs)14dminAtk <br /> - downantmMsshr Contr d DoaMUxW Corn x Doc immmAD 70 - Puboc CorstrudPon Sond.doc <br /> AI 'Y <br /> L <br /> F 0iFtGATIN' ON LAST PAGE <br /> Jost � ''�'; iFH , CLERK <br />