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2015-002A
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2015-002A
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Last modified
3/28/2018 12:12:31 PM
Creation date
11/9/2015 1:13:46 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
01/06/2015
Control Number
2015-002A
Agenda Item Number
8.H
Entity Name
Tri-Sure Corporation
Subject
Vero Lake Estates Master Plan
Water Main Extension
Area
Vero Lake Estates
Bid Number
2015017
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BK:r. 2816 PG: 1990 <br />PUBLICCONSTRUCTION BOND <br />FLC 82873 <br />Bond No. <br />(enter bond number) <br />BY THIS BOND, We Tri -sure Corporation , as Principal and Merchants Bonding Company <br />inaian tQt ounoard herein called Owner, <br />a corporation, as Surety, are bound to„f ��,,,,,.,, �ver„s4.,ty„,,Bar in <br />the sum of $ 380'975.00for payment. of which we: bind. ourselves, our heirs, personal <br />representatives., successors, and assigns, jointly and Severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1. Performs the contract dated J•uKter (, zo,s , between Principal and Owner for <br />12” Transmission Water Main Extension on 107th <br />construction of , the contract being made <br />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 furnished 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 1-8-15 <br />Jason Chambers, Presid <br />00600 - 3 <br />nev in Fact) Joseph W LoPresti* <br />MERCHANTS. BONDING COMPANY <br />(Name of Surety) <br />* Joseph W LoPresti <br />Attorney -In -Fact & Florida Resident Agent <br />. Brown & Brown of Florida, Inn. <br />PO Box 173096 <br />Tampa, FL 33672 <br />A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />
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