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SECTION 00610 - Performance Bond <br />KNOW ALL MEN BY THESE PRESENTS: <br />BY THIS BOND, we <br />Bond No. 22257495 <br />1968988 <br />THIS DOCUMENT HAS BEEN • <br />RECORDED IN THE PUBLIC RECORDS <br />OF INDIAN RIVER COUNTY FL <br />BK: 2314 PG:1155, Pagel of 10 <br />01/14/2009 at 10:05 AM, <br />Pelican Pete Construction Company, Inc. 1FFFRFY KRGBInnY ri ERKOF COURT <br />6001 N AIA, Sui 1-P ROR7 <br />Vero Beach, FL 32963 L-1, ai) 51, a- 553.a , as Principal <br />. (Contractor), <br />• (Insert name, principal business address, and lalephons number of Principal/Contractor) <br />and • <br />Western Surety Company • <br />PO Box 5077' ,i. /`, <br />Sioux Falls, SD 57117-5077 (..-3D-0) aO - % 1`t'-( , a corporadan, <br />as Surety, <br />(Insert name, principal business address, and telephone number of Surety) <br />are held and firmly bound unto the County of Indian River, Florida, 1600, 27th Street, Vero <br />Beach, Florida 32960, (772-567-8Q00), <br />• in The sum of One Hundred Seven Thousand Four Hundred * Dollarz (( 107 , 4 94.9)4 <br />amounting to 100% of the total bid prim. For the payment of said sum we bind ourselves, our <br />heirs, executors, administrators and assigns, jointly and severally, for the faithful performance <br />cif a certain written Contract, dated The 8th day of January , 20 0 <br />entered into between The Principal and the County of Indian River, for <br />*Ninety -Four and 93/100 <br />Bond Number: 22257495 <br />Project Name: Oslo Road Boat Ramp Repairs <br />County Project Number. 0381 <br />Project Address: Oslo Road east of U.S.#1, in Ihdlan River County. Florida <br />Project Description: The proiect consists of removing the existlna concrete boat ramp and <br />construciina a replacement concrete boat ramp which Includes a new wdbden accessary dock <br />and bulkheads. in Indian River County, Florida. <br />A copy bf said Contract is incorporated herein by reference and is made a part hereof as if -fully <br />• copied herein. <br />NOW, THEREFORE, THE CONDITIONS OF 11-115 OBLIGATION ARE SUCH, that if the <br />Principal shall In all respects comply with the terms and conditions of said Contract and lis <br />obligations thereunder, including all of the Contract Documents therein referred to and macle a <br />. part thereof, and such alterations as may be made In the Contract Drawings and Specifications <br />as therein provided for, and shall indemnify and save handless the County of Indian River <br />against and from. all expenses, damages, injury or conduct, want of care of skill, negligencta or <br />default, Including patent infringement on the part of the Principal, his agents or employees, In . <br />the execution or performance of said Contract, including errors in the Drawings furnished by the <br />Principal, and further, If the Principal shall promptly make payments to all who supply him wrfh <br />labor and/or materials used directly or indirectly by the Principal in the prosecution of the Work <br />provided for In said Contract, then this obligation shall be null and void; otherwise, the Principal <br />and Surety, jointly and severally, agree to pay the County of Indian River any difference <br />•• . - 0061Q-Peribmtanca Bond <br />• ao610-i <br />p Pr o .10331 Oda Ro=1 Bak Mm, 8t Caalrarincesfassemnd SpectIcatlmatt610-R eran:em=Hmid4 z <br />