P
<br /> 1510897 RECORDED IN THE RECORDS OF JEFFREY K BARTON , CLERK CIRCUIT COURT INDIAN
<br /> ' RIVER CO FL , BK : 1686 PG : 29 , 01 / 27 / 2004 01 : 16 PM
<br /> t
<br /> SECTION 00610 - Performance Bond This Bond Complies with
<br /> ' the Terrorism Risk
<br /> Insurance Act of 2002
<br /> KNOW ALL MEN BY THESE PRESENTS : (TRIA)
<br /> ' BY THIS BOND , we
<br /> Barth Construction Inc.
<br /> 1717 Indian River Boulevard #202A
<br /> Vero Beach, FL 32960 (772) 778-3072 as Principal
<br /> ' (Contractor),
<br /> (Insert name, principal business address, and telephone number of Principal/Contractor)
<br /> and
<br /> ' Continental Casualty Company
<br /> CNA Plaza
<br /> Chicago, IL 60685 (312) 8224000 as corporation,
<br /> as Surety,
<br /> (Insert name, principal business address, and telephone number of Surety)
<br /> ' are held and firmly bound unto the County of Indian River, Florida, 1840, 25th Street, Vero
<br /> Beach , Florida 32960 (561 -567-8000).
<br /> In the sum of Two Minion Five Hundred Two Thousand Six Hundred Seventy Four Dollars and Banoo Dollars ($ 2.502,674.89)
<br /> ' amounting to 125% of the total bid price. For the payment of said sum we bind ourselves , our
<br /> heirs, executors , administrators and assigns , jointly and severally, for the faithful performance
<br /> of a certain written Contract, dated the day of 20_
<br /> entered into between the Principal and the County of Indian River, for:
<br /> ' Bond Number: 929299344
<br /> Project Name: NORTH COUNTY REGIONAL PARK, PHASE 2
<br /> County Project Number: 0399
<br /> Project Address: 9450 COUNTY ROAD 512 , SEBASTIAN , FL 32958
<br /> ' Project Description : Construction of four (4) multipurpose baseball fields , concession
<br /> stand/press box building , maintenance building, electrical building , three (3) stormwater
<br /> retention lakes, mitigation , playground , lighting and related items.
<br /> ' A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully
<br /> copied herein.
<br /> Florida Statues Section 255.05 (2002), as amended from time to time, together with all notice
<br /> and time provisions contained therein, is incorporated herein in its entirety by this reference .
<br /> NOW , THEREFORE, THE CONDITIONS OF THE OBLIGATION ARE SUCH , that if the
<br /> Principal shall in all respects comply with the terms and conditions of said Contract and its
<br /> obligations thereunder, including all of the Contract Documents therein referred to and made a
<br /> part thereof, and such alterations as may be made in the Contract Drawings and Specifications
<br /> as therein provided for, and shall indemnify the County of Indian River as set forth in the
<br /> Contract, in the execution of performance of said Contract, and further, if the Principal shall
<br /> promptly make payments to all who supply him with labor and/or materials used directly or
<br /> ' indirectly by the Principal in the prosecution of the Work provided for in said Contract, then this
<br /> obligation shall be null and void ; otherwise , the Principal and Surety, jointly and severally, agree
<br /> to pay the County of Indian River any difference between the sum that the County of Indian
<br /> River may be obliged to pay for the completion of said Work, by contract or otherwise , and any
<br /> damages , whether direct, indirect, or consequential , including reasonable attorney's fees
<br /> 0399-00010 - Performance Bond.doc
<br /> 00610 - 1
<br /> FAEngieeringlCepitat Projectsk0399 North County Reglonst Park, Phase 1110399 Contract DoW0399-00810-Performance aond.doc Rev. 05101
<br /> A TRUE COPY
<br /> CERTIFICATION 'ON LAST PAGE
<br /> J .K. BARTON , CLERK
<br />
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