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<br />SECTION 00610 "Performance Bond
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />BY THIS BOND, we
<br />J.W. Cheatham, LLC
<br />1938501
<br />THIS DOCUMENT HAS BEEN
<br />RECORDED IN THE PUBIC RECORDS
<br />OF INDIAN RIVER COUNTY FL
<br />BK: 2282 PG:906, Papel of 15
<br />07/29/2008 at 02:54 PM,
<br />JEFFREY K BARTON, CLERK OF COURT
<br />7396 Westport Place
<br />West Palm Beach, FL 33413 561-471-4100 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, 1800, 27th Street, Vero
<br />Beach, Florida 3290 {�7g2-567-8000
<br />in the sum of ,ln/irp t�j� l and_EightDlla($5
<br />9 vi -17 Nin A0 m48q869w4l),
<br />amounting to 100% of the total bid price. For
<br />Forthe payment of said sum we bind ourselves, our
<br />heirs, executors, administrators and assigns, jointly anq severally, for the faithful performance
<br />of a certain written Contract, dated the 1 S}'' day of , 20 O8,
<br />entered into between the Principal and the County of Indian Riqer, for:
<br />Bond Number: 6554643
<br />Project Name: Powerline Road from C R 510 North to the Sebastian City Limits
<br />County Project Number:0217
<br />Project Address: Powerline Road from C.R. 510 North to the Sebastian City Limits
<br />Project Description: The project consists of the of paving an existing two-lane marl -road with a
<br />southbound left turn at C.R.510 maintained by Indian River County, Florida.
<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 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 and save harmless the County of Indian River
<br />against and from all expenses, damages, injury or conduct, want of care of skill, negligence or
<br />default, including patent infringement on the part of the Principal, his agents or employees, in
<br />the execution or performance of said Contract, including errors in the Drawings furnished by the
<br />Principal, and further, if the Principal shall promptly make payments to all who supply him with
<br />labor and/or materials used directly or indirectly by the Principal in the prosecution of the Work
<br />provided for in said Contract, then this obligation shall be null and void; otherwise, the Principal
<br />and Surety, jointly and severally, agree to pay the County of Indian River any difference
<br />between the sum that the County of Indian River may be obliged to pay for the completion of
<br />said Work, by contract or otherwise, and any damages, whether direct, indirect, or
<br />consequential, including reasonable attorney's fees (including appellate proceedings), which the
<br />00610 - Performenoe Bond
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<br />Docune11tsWW10 - Perhmwce
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<br />00610 - Performenoe Bond
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