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SECTION 00612 - Payment Bond.
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />BY THIS BOND, we
<br />Pelican Pete Construction Company, Inc.
<br />6001 N AIA, quite 8082
<br />Bond No 22257495
<br />Vero Beach_ FT, (-1 Stat - S g as , as Principal
<br />(Contractor),
<br />(Insert name, principal business address, and telephone number of PrindpaUCanbactor)
<br />wedstern Surety Company
<br />PO Box 5077
<br />gi ovx Fall£, SD 57117 5077 (3Zal .2LD 9- 3--"T4 , a corporation, .
<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,. 1800, 27th Street, Vero
<br />Beech, Florida 32960, (772-567-8000), 107,494.93
<br />In tha sum cf One Hundred Seven Thousand Four Hundred * Dollars ($ ,
<br />arnouniing to 100% of the total bid price. For the payment of said sum we bind ourselves, our
<br />heirs, executors, administrators and assigns, jointly and severally, for the faithful performance
<br />of a certain written Contract, dated the 8th day of January , 20 n q .
<br />entered into between the Principal and the County of Indian River, for *Ninety Four & 93/100
<br />Bond Number: 22257495
<br />Project Name: Oslo Road Boat Ramo Repairs
<br />County Project Number. 0381 •
<br />Project Address: Oslo Road east of U.S.#1. In Indian River County, Florida
<br />Project Description: The crated consists of removing the existing concrete boat
<br />ramp and constructing a replacement' concrete boat ramp
<br />which includes a new wooden accessory dock and
<br />bulkheads, in Indian River County, Florida.
<br />A copy of said Contract is Incorporated herein by reference and is made a part hereof as if fay
<br />copied herein.
<br />MOW, THEREFORE,' THE CONCITIONS OF THIS OBLIGATION ARE SUCH, that, if the
<br />Principal shall promptly make payments to'afi. claimants, as herein below defined, then this
<br />obligation shall be void; otherwise, this Band shall remain in full force and effect, subject to the
<br />following terms and condlt`ions:
<br />1. A claimant, es defined in Florida Statutes Section. 255.05(9), supplying Principal with
<br />labor, materials, or supplies, used directly or Indirectly by -Principal in the prosecution
<br />of the Work provided for in the Contract.
<br />2. Florida Statutes Section 255.05 (2002), as amended from time to time, together with
<br />all notice and time provisions contained therein, Is incorporated herein In 'Sts entirety
<br />by this reference_
<br />00612-PaymeftBand
<br />COW2- 4
<br />•�� .r �.. N.1 Jrw Dr ,K411
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