Azulejo Inc - Gateway Park Center Bid 19-01-01

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STATE OF FLORIDA COUNTY OF Miami - Dade ) BID BOND City of Sunny Isles Beach 16070 Collins Avenue Sunny Isle.^, Beach, F_ 33160 Telephone: (305] 947-0606 Fax'. (305)9',9-3113 KNOW ALL MEN BY THESE PRESENTS, that we,_ Azulejo,__Inc. _ as Principal, and Frankenmuth Mutual Insurance Company . as Surety, are held and firmly bound unto the City of Sunny Isles Beach, a municipal corporation of the State of Florida in the sum of Five Percent of Amount Bid Dollars ($s�rnrnaunt sljt lawful money of the United States, for the payment of which suns well and truly to be made, we bind ourselves, our heirs, executors, administrators and successors jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying Bid dated, March 8t_ h, 20119 XXX to r: GgMy Park_C@nter Inyitatiort To Bid No.: 19-01-01 WHEREAS, it was a condition precedent to the submission of said Bid that a cashier's check or Bid Bond in the amount of five percent (5%) of the Base Bid be submitted with said Bid as a guarantee that the Proposers would, if awarded the Contract, enter into a written Contract with the City for the performance of said Contract, within ten (10)consecutive calendar days after written notice having been given of the Award of the Contract. NOW, THEREFORE, the conditions of this obligation are such that if the Principal within ten (10) consecutive calendar days after written notice of such acceptance, enters into a written Contract with the City of Sunny Isles Beach and furnishes the Performance Bond, satisfactory to the City, each in an amount equal to one hundred percent (100%) of the Contract Price, and provides all required Certificates of Insurance, then this obligation shall be void; otherwise the sum herein stated shall be due and payable to the City of Sunny Isles Beach and the Surety herein agrees to pay said sum immediately, upon demand of the City, in good and lawful money of the United States of America, as liquidated damages for failure thereof of said Principal, IN WITNESS WHEREOF, the above bonded parties have executed this instrument under 'their several seals this 8th day of March 2019_, the name and the corporate seal of each corporate party being hereto affixed and these presents being duly signed by its undersigned representative. IN PRESENCE OF Azuleio, Inc. Individual or Partnership Principal ��si�iYSiS' Hw•y�ite 805-A _ Business Address Aventura, FL 33180 City, Slate, and Zip Code (305) 895-4110 Business Telephone ATTEST: Frankenmuth Mutual Insurance Company (Corporate Surety)` "Impress Corporate Seal DOCUMENT CONTINUES ON NEXT PAGE Li ��S Affix ,prpnrate a (954) 454-9424 Business Facsimile As Per Attached Power of Attorney Secretary By: nathan A. Bursevch, Attorney -In -Fact IMPORTANT Surety companies executing bonds must appear on the Treasury Department's most current list (circular 570 as amended) and be authorized to transact business in the State of Florida.