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B,K:: 30Q PG: 549 <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 106 813 051 <br />(enter bond number) <br />BY THIS BOND, We Traffic Control Devices, Inc. , as Principal and Travelers <br />Casualty and Surety Company of America, a corporation, as Surety, .are bound to Indian River County BOCC <br />, herein called Owner, In the sum of $ 610.610.00 . 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 October 17, 1017 , between Principal and Owner for <br />construction of Intersection/Sipnalization 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 urider'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 10/25/2017 <br />Traffic Control Devices, Inc. <br />of Principal) <br />tAs Attorney `in 1=adt) :: :., <br />p <br />Travelers Casualty and Suretv;,oiriDny od d thhd10 r;i <br />(Name of Surety)° %'"• :rte. <br />�\"jr.i <br />/ ?Yi.,/L✓ Oso � ..: �`� . , <br />J. Mark WhiteheadJr. <Attor ig,ifi <br />00610 - Pablid Constuctlon Bond' <br />F:1Publtc WorksIENGINEERINO DIVISION PROJECTSH843 21th Avenue at 21st street SW Intersection Slgnallrallorir ' <br />tmprovementAl-AdminWid Doc unentsWasler Contract Documenta100810 - Public Constriction Bond.doc <br />A TRUE COPY <br />... CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />