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
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