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PUBLIC CONSTRUCTION BOND <br />Bond No. 58731029 <br />(enter bond number) <br />BY THIS BOND, We Blue Goose Construction LLC , as Principal and <br />Western Surety Company , a corporation, as Surety, are bound to Indian River County <br />, herein called Owner, in the sum of $ 2,190,962.55 , for payment of which we <br />bind ourselves, our heirs, personal representatives, successors, and assigns, jointly and <br />severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1. Performs the contract dated December 15 2015 , between Principal and Owner for <br />construction of 1st Street S.W. and 43rd Avenue Intersection Improvements , the contract being <br />made 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 December 16, 2015 <br />00610 - 3 <br />Blue Goose Construction LLC <br />By <br />(Name of Princpal) <br />Wes <br />By <br />Com an <br />Name of Suret <br />Brett A. Raglan Attorney -in -Fact <br />& Florida Licensed Resident Agent . - <br />00610 - Public Construction Bond <br />F\Public Works\ENGINEERING DIVISION PROJECTS\1232-1st St SW_43rd Ave Intersec Improv\Admim\bid documents\Master <br />Contract Documents\00610 - Public Construction Bond.doc <br />