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PROPOSAL BOND <br />KNOW ALL MEN BY THESE:PRESENTS. that we WASTE MANK;IIllEte ftC. OF MAMA, a <br />Florida Corooratian . u Ftindnai. be einatier called the Principal. and the FIREMAN'S <br />233 South Wacker, Suite 1900 <br />RUNG INSUROICE MOW .of Chicano. Illinois 606064308 .aCorporatioaduly <br />otgaaized under the laths of the State of California as Surety, hereinafter. called the <br />Surety. are held and finzdy band unto INDIAN RIVER COUNTY. FLORIDA as obligee. <br />bariaafter walled the Cyouulys <br />, in the emmmt of Five Percent of the Firer Year'c foprari.,g Cost <br />($ 5% car3" f, ). for the payment of which amount and truly to be made. the Principal <br />and the Surety. bind ourselves, our heirs,. emtecntors, sdmiaistrators. successors and assigns. <br />jointly and severally. firmly by these presents. <br />WHEREAS. the Principal has submitted a Proposal to Indian Riva County for OPERATION <br />OF CLASS I LANDFILL <br />Total of Base Bid Item No. 1. <br />NOW THEREFORE, if the County shall accept the Proposal of the Principal and the <br />Principal shall enter into a Contract with the County in accordance with the terms of said <br />Proposal. and give such bond or bonds as may be specified in the Proposal and Contract <br />Documents with good and sufficient surety for the faithful performance of such Contract and for <br />the prompt payment of labor and materials furnished in the prosecution thereof. or in the event of <br />the failure of the Principal to enter into such Contract and give such bond or bonds the Surety <br />shall, upon demand forthwith pay to the County -Obligee the amount set forth above. The <br />Principal shall pay the County the difaence not to exceed the penalty hereof between the <br />amount specified in said Proposal and such larger amount for which the County may in good <br />faith contract with another patty to perform the Weak eovercd by said Proposal. then this <br />obligation shall be null and void, otherwise to remain in full force and effect. <br />SIGNED AND SF.AL.ED this 3rd day of June <br />Witaeas: <br />Witness: <br />WASTE MANAGIIITF INC. OF SEAL) <br />SEAL) iIOU N3 4tlt tr et <br />( ompano $each, 3e30 3 <br />Principal <br />Donaui $. IDA, Assistant Secretary <br />it •a .rf�1.s.�ti ') .. �...:'':. <br />BF -5 <br />A.D.. 19 97 in the presence of: <br />FIRINAN'S FUND INSURANCE 021PANY <br />Surety <br />Title <br />Linda M. Mulish. Attorney -in -Fact <br />BONDING AGENT <br />NFAR NORTH INSURANCE BROKERAGE, INC. <br />875 North Kis i an Avenue <br />Chicago, IL 6UbNOUSOIMAIM <br />gt <br />Address <br />(312) 280-5666 Ellen Cope <br />Phone/Contact <br />