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BK: 3151 PG: 764 <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 002996M <br />(enter bond number) <br />BY THIS BOND, We Timothy Rose Contracting, Inc. , as Principal anyestfield <br />Insurance Company a corporation, as Surety, are bound to Indian River County, FL <br />herein called Owner, In -the sum of $ 310,259.50, 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 September 11, 2018. between Principal and Owner for <br />construction of Atlantic Boulevard Parking Area , 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 Princlpal 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 September 11,2018. <br />00810.3 <br />Timothy Rose Contracting, Inc. <br />.0- ....... .., ,,�� <br />(NqCga of Pri <br />By <br />? • <br />_ o <br />(As AttomeXln. Factl <br />8 <br />Westrield Insurance Company ;:; % �' .� <br />(Name of Surgty) <br />�,.•s ��` <br />ti <br />�'J/Jl SA,6,,o�*~ <br />00870 - Public Construction Bond <br />A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J -R. SMITH. CLERK <br />