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PUBLIC CONSTRUCTION BOND <br /> Bond No . 105763326 <br /> (enter bond number) <br /> BY THIS BOND , We Ranger Construction Industries , Inc . , as Principal and <br /> Travelers Casualty and Surety Company of America , a corporation , as Surety, are bound to Indian River County <br /> herein called Owner, in the sum of $ 1 ,293, 157 . 53 , 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 . Performs the contract dated U _ 2a Iz , between Principal and Owner for <br /> construction of 27th Avenue Milling & Resurfacing/Bid No. 2012029 , 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 fumished 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 July 12 , 2012 , <br /> Ranger Construction Industries; Ir1r <br /> Ma�mlfaf F in i I NO <br /> gas <br /> By <br /> Travelers Casualty S ty Company of erica' • . ' , � ' <br /> . Y <br /> NaSur <br /> By noQ, - 4L <br /> tt e in F ' <br /> - J <br /> 00610 - 3 g. <br /> 00610 - Public Construdi6o Bond.doc <br /> FAPubllc Works\ENGINEERING DIVISION PROJECTS\0391 -27th Ave at 5th St SW\Admim\Contract Documents\00610 - Public <br /> Construction Bond.doc <br />