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BK: 3121 PG: 1264 <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 9815814 <br />enter bond number) <br />BY THIS BOND, We Timothy Rose Contracting, Inc. ' as Principal and Westfield <br />Insurance Company a corporation, as Surety, are bound to Indian River County <br />, herein called Owner, In the sum of $ 143,431.00 , 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 May 15 2018 , between Principal and Owner for <br />construction of 43rd Ave Bridge overt SoutlMelief Canal Railing Repairthe 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 May 15, 2018, <br />00810.3 <br />'y <br />Timothy Rose Contracting, Inc. <br />(Name of Prin I al <br />By <br />Attorney in act C Lord 1 <br />Westfield Insurance Company <br />(Name of Surety) <br />00610 - Public Corwruction Bond <br />F:Wubr)c waYWENQINEERING DIVISION PROJECTSt0225 20th Ave and 16th Sl IntersecUon Improvemen0AdmkftId <br />documentsVA"ar Conhwt DocurnentsNOW10. Pub0c Construction Sond.doc <br />A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />