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DID BOND r KNOW ALL MEN BY THESE PRESENTS, that we WILLIAM GLOVER INC . as Principal, and RLI INSURANCE CQ ANY as Surety, a Corporation duly organized under the Laws of the State OR th its principal offices in the City of PEORIA , and authorized to do business to tfie State o[Flodds are held and firmly bound unto INDIAN PIV'ER COUNTY hcreinafter called the OWNER in the penal sum of FIVE PERCENT.OF THE AMOUNT Dollars (S57 - I ),lawful money of the United States, amounting to 5% of the total bid price, for the payment of which sural well and truly be made, we bind ourselves, our heirs, exccutors, administrators, and successors, jointly and severalty, firmly by these presents. I The condition of this obligation is such that whereas the Principal has submitted the accompanying bid dated _JANUARY 26 , 2000 , for the construction of i I WAEASSO CAUSEWAY PARK IMPROVFNIEtNTS IItC tail] f, 2026 IRC Project 09623B NOW, THEREFORE, if the Principal shall not withdraw said bid within the period of time set forth I in the contract documents,, and shall within ten (10) calendar days after the prescribed forms are presented to him for signature enter into;L written contract with the OV I�MR in accordance with the bid as accepted, and if the Principal shall give the required blinds with good and sufficient sureties for the faithful performance and proper fulfillment of such contract and for the protection of Iaborers and rnaterial men, or r in the event of the withdrawal of said bid within the periods specified, or the failure to enter into said I contract, and give such bonds within tare time specified, if the Principal shalt within sixty (60) days after request by the OWNER. pay to the OWNER the difference between the amo,.mt specified in said bid and the amount for which the OWNER may procure the required work if the latter amount be in excess of the former, then the above obligation shall be void and of no effect, otherwise to remain in full force and virtue. It is further agreed that if the OWM—R h required to initiate legal proceedings to recover on this bond, it may also recover its costs relating thereto including a reasonable amount for attorneys' fees. r IN WITNESS WHEREOF, the above -bounden parties have executed this instrument under their several seals this day of JANUARY 21 , 2000, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undetrsigned representative pursuant to authority of its governing br dy. BID BOND L BB - t