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SECTION 00612 " Payment Bond <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> BY THIS BOND , we <br /> J . W . Cheatham , LLC <br /> 7396 Westport Place <br /> West Palm Beach , FL 33413 291 - 411 !41ap as Principal <br /> (Contractor), <br /> (Insert name, principal business address, and telephone number of Principal/Contractor) <br /> and <br /> SAFECO Insurance Company of America <br /> 5792 Widewaters Parkway <br /> DeWitt , NY 13214 315 - 449 -2842 , a 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 , 1801 , 27th Street, Vero <br /> Beach , Florida 29677 567- 000') <br /> in the sum ofghy an�n0 Q�� Hundred Ninety One Thousan6bllars ($1 , 491 , 080 . 4 0 <br /> amounting to 100% of the total bid price. For the payment of said sum we bind ourselves , our <br /> heirs , executors, administrators and assi ns, jointly and severally, for the faithful performance <br /> of a certain written Contract, dated the day of �o21r , 20 , <br /> entered into between the Principal and the County of Indian River, for: <br /> Bond Number: 6595815 <br /> Project Name : Paving and Drainage Improvements to 17'" Lane SW from <br /> 27' Avenue to East approx. 900' , 20 Avenue from 21" <br /> Street SW to 17 Lane SW and 17th Lane from Falcon <br /> Trace Project Entrance to 20 Avenue , <br /> County Project 0803, 0837 , 0838 <br /> Numbers . <br /> Project Address : 17 Lane SW from 27 Avenue to East approx. 900' 4 20 <br /> Avenue from 21 $ Street SW to 17' Lane SW and 17th <br /> Lane from Falcon Trace Project Entrance to 20 Avenue, <br /> Project Description : Provide Paving and Drainage Improvements to 17 Lane <br /> SW from 27 Avenue to East approx. 900' ,, 20"' Avenue <br /> from 21 $ Street SW to 17 Lane SW and 17th Lane from <br /> Falcon Trace Proiect Entrance to 20,nAvenue . The <br /> contractor shall construct the 20 Avenue project prior to <br /> constructing the 17 Lane. S . W . portion of the proiect . <br /> A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully <br /> copied herein . <br /> NOW , THEREFORE , THE CONDITIONS OF THIS OBLIGATION ARE SUCH , that, if the <br /> Principal shall promptly make payments to all claimants, as herein below defined , then this <br /> 00612 - Payment Bond REV 04-07 <br /> 00612 - 1 <br /> F.*nynawinq%Cap0a1 Proleft%080317th Lane SW Roadway Uigrovements horn27th Ave to approx. 900 LF gel of 271h AveW803 ConUao, 0Mrn nteWW12 'Payment <br /> Bond REV 04-07.doe Rev. 05101 <br />