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PUBLIC CONSTRU:CTIO'N. BOND. <br />gond: N:o, 067144K _ <br />{e;in`fdr bond number)` <br />BY TH]SB.OND,-VVe:_ TIMOTHY ROSE CONTRACTING, INC. I'rincrpal and Westfield <br />Insurance Company , a.eorp:oration, as Surety, are bound to Indian River Coin; FL <br />herein called Owner, in the sum ,of:$13,641,589.27for :payrn:ent of'which we <br />bind ourselves, ,our heirs, personal r�preseitatives, 'successors, and assigns, joint ly°and <br />several y. <br />THE G.OND:IT'ION OF THIS BOND is that if Phbcipaf:. <br />1.. Pe:rfol ms: the contract :dated -December 7, 20 l9 be:tween. Prin.cipa.l ,and. Owner for <br />c"onstru°ctlon of _SR 60 & 43rd Ave Intersection Improvements the: contract being <br />made a part of this; bond by reference, et the" times and In the; manner prescribed"in the <br />contract; :a:nd <br />2. Promptly rrlakes payrnerits to all clairn"ants, as defined In Section. 255:05(1), Florida <br />Statutes, supplying Princi.pal with labor, materials; or.supplies., "used:d.I.reGtly" or indirectly <br />by Prnerpal in the prosecution ,of the work provide -d. for i;n th`e contract, and: <br />3 Pays Qwner all losses, da,mage:s,. exp.ei ses:, costs, and attari ey`s flees; inclu.d'in;g <br />appellate:proce.edin:gs',. that Owner sustains because of a default by Pnn:cipa under the <br />contract; and <br />4:: Performs fhe gu.arantee of all work and materials-fu:rnlsh.e:d under the contract for the <br />time specified in the contract-,. then this bond: is void, o,th.erwis'e it remains :i full "force. <br />Any action instituted by a claimant und.br this; bond" for payment must `b.e in accorda`nive <br />withth-e,notice and time kmitation p.rovis:ions. in'Sectlon 255 05(2), Florida Statutes. <br />Any changes inor :under the contract documents and compliance, or noncompliance <br />withi any form:akies: connected with .the contract or the;:changes d:o.es not affect Surety's <br />obRgation ;under this band, <br />DATED ON January 2, 2Q20 <br />TIMOTHY ROSE CONTRACTING, INC. <br />Mama of N'r cipai) <br />Al <br />0061'0 - 3 <br />F:IPublrc W,or1<s\ENGfNEERf(VG DNIS'IOt-1 PROJCCTS\0853 43rd AVE: T8ih ST to 2.6fh STV AdrnirilBid <br />Doeumer3151Master'Contr6ct Documcnls\006:1:0 - Publicconstru.clion Bond.doc <br />J <br />Westfield Insurance Coma <br />(Name :of Su <br />1, <br />OO�YO PGhllc ConsG�uelian-Bond f <br />