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BK: 3102 PG: 982 <br />:1rj <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 9675852 <br />(enter bond number) <br />BY THIS BONO, We Timothy Rose Contracting, Inc.`as Principal and Westfield <br />Insurance Company , a corporation, as Surety, are bound to Indian River County, FL <br />herein called Owner, In the sum of $ 540,135.57 , 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 March 6th , 2018 , between Principal and Owner for <br />construction of Indian River Blvd Sidewalk from 37th Street to 53rd Street , 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 March 8, 2018. <br />00610.3 <br />Timothy Rose Contracting, Inc. <br />Lame of Principal) : CcJ'fi" <br />!1S a •� i��f/ <br />{� <br />l3ofa!`�::Lor <br />A. <br />By <br />Westfield Insurance Company: <br />00610 - Public Construction Bond <br />F:Wublic Wbrke1ENGINEMNG DIVISION PROJECTS10225 20th Ave and 16th St Intersection ImprovementvAdmkn%Id <br />doaumentsWlastar Conftd DocumentaNwelo • Public construction Bond,doc <br />A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />