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Bid or <br />Proposal <br />Bond <br />Westfield Insurance Company <br />Westfield GroupsMOne Park Circle, P O Box 5001 <br />Westfield Center, Ohio 44251-5001 <br />KNOW ALL MEN BY THESE PRESENTS, that we, TIMOTHY ROSE CONTRACTING, INC. <br />as Principal, and <br />the WESTFIELD INSURANCE COMPANY, an Ohio Corporation, with its principal office at Westfield Center, Ohio, <br />as Surety, are held and firmly bound unto INDIAN RIVER COUNTY <br />1800 27th STREET, VERO BEACH, FL 32960 , as Obligee, in <br />the penal sum of 5% OF AMOUNT OF BID DOLLARS, <br />lawful money of the United States of America, for the payment of which, well and truly to be made, we bind ourselves, <br />our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS the said Principal is herewith submitting a bid or proposal for MARTIN LUTHER KING WALKING TRAIL <br />NOW THEREFORE, the condition of the above obligation is such, that if the said Principal shall execute a contract <br />and give bond for the faithful performance thereof, if required by the contract, or if the Principal or Surety shall pay the <br />Obligee the difference, not exceeding the penal sum hereof, between the amount of the contract entered into in good <br />faith to perform the work to which the bid or proposal relates and the amount bid or proposed by the Principal, then this <br />obligation shall be void; otherwise it shall remain in full force and effect. <br />SIGNED this 21st day of APRIL <br />TIMOTHY ROSE CONTRACTING, INC. <br />, 2015 <br />Principal <br />By: <br />Westfiel i urance Compan <br />BD 5046 (9-03) <br />Attorney-in-fact <br />