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THE AMERICAN INSTITUTE OF ARCH, I'ECTS <br />AIA Document A310 <br />Bid BOiid <br />soi�� BB03156 <br />KNOW ALL MEN $'.� THESE PRESENTS, that we Timothy Rose Contracting, Inc . <br />1360 SW Old Dixie Hwy., Ste 106 <br />(Rett insert Cull num ,end address or legpl title orContradur) Vero Beach, FL 32962 <br />as Principal, hereinafter called the Principal, and Developers Surety and Indemnity Company <br />a corporation duly organized under the laws of the State of:Iowa as Surety, hereinaRer called the Surety, Ire held and fumly <br />boundunto Indian River County <br />18(L1 27 Street Vy&o tBeach, FL <br />{Hcrc irgcrt f aurc ,anti ar legal tide 0 <br />as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Rid -Dollars ($ 5%), for the payment <br />of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, <br />successors and assigns, jointly and severally, firmly by these presents. <br />t�'1-IEREAS,thePrincipalhassubmittedabidfor Indian River Boulevard & 17th Street <br />Intersection Improvements <br />(Ha¢ insert, full ttame, eddres�; and description of project) <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obli gee <br />in accordance with the terms of such bid and give such bond or bonds as may be specified in the bidding or Contract Documents with <br />good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in <br />the prosecution thereof; or m the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the <br />Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such <br />larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid then this <br />obligation shall be null and void, otherwise to remain in full force and effect. <br />Signed aW scaled this <br />2 day of August, 2011 <br />(W tness) <br />(Witness) <br />Timothy Rose ntracting, Inc. <br />(Seal) <br />y Rose Yresiden <br />Surety and Indemnity Compank <br />(Title)Robcrt Barra Attorney In Fact <br />(seal) <br />aL4 DOCU:�7E1vT A31 Q BOND AIA ® FEBRUARY 1970 F.D THE AMERICAN <br />lmS"1'll"iJ'i-E OF Al2Cli1TCC'CS, 1735 N.Y. AVE., N.W_ WASHING'1'QN, D.C. 20006 l <br />tVARNING: unlicensed photocopying violates U.S. copyright laws and is subjxt to legal Prosecution. <br />