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STATE OF FLORIDA <br />COUNTY OF MIAMI-DADE ) <br />BID BOND <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, FL 33160 <br />Telephone: (305) 947-0606 Fax: (305) 949-3113 <br />KNOW ALL MEN BY THESE PRESENTS, that we, NUNEZ CONSTRUCTION, INC. as Principal, and <br />TRAVELERS CASUALTY -AND SURETY COMPANY OF AMERICA as Surety, are held and firmly bound unto the City of Sunny Isles <br />Beach, a municipal corporation of the State of Florida in the sum of TEN PERCENT OF THE AMOUNT BID Dollars ($1 (7°/0------ ), lawful <br />money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators <br />and successors jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying Bid dated, <br />SEPTEMEBR 6. 2024 for: <br />ITS* 24-07-01. CONSTRUCTION OF INTRACOASTAL SPORTS PARK <br />WHEREAS, it was a condition precedent to the submission of said Bid that a cashier's check or Bid Bond in the amount of ten percent (10% <br />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 <br />with the City for the performance of said Contract, within ten (10) consecutive calendar days after written notice having been given of the <br />Award of the Contract. <br />NOW, THEREFORE, the conditions of this obligation are such that if the Principal within ten (10) consecutive calendar days after written <br />notice of such acceptance, enters into a written Contract with the City of Sunny Isles Beach and furnishes the Performance Bond, satisfactory <br />to the City, each in an amount equal to one hundred percent (100%) of the Contract Price, and provides all required Certificates of Insurance, <br />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 <br />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 <br />damages for failure thereof of said Principal. <br />IN WITNESS WHEREOF, the above bonded parties have executed this instrument under their several seals this 5TH day <br />of SEPTEMBER 2024 , the name and the corporate seal of each corporate party being hereto affixed and these presents <br />being duly signed by its undersigned representative. <br />IN PRESENCE OF: <br />NUNEZ CONSTRUCTION, INC. <br />Individual or Partnership Principal <br />6400 SW 62ND AVE <br />Business Address <br />SOUTH Mb4Pe111, FL 33143 <br />City, State, and Zip Code <br />305-774-9000 <br />Business Telephone <br />ATTEST: <br />TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />DOCUMENT CONTINUES ON NEXT PAGE <br />n <br />Affix Corporate al <br />305-774-9639 <br />Business Facsimile <br />%� _ Secretary <br />(Corporate Surety)* <br />r Y <br />By. <br />'Impress Corporate Seal ; }i'CL�{VN. a 30 w- CHARLTON. ATTORNEY-IN-FACT <br />IMPORTANT <br />h� <br />Surety companies executing bonds must appear on the Treasury Department's most current list (circular 570 as amended) and be authorized <br />to transact business in the State of Florida. <br />DECEMBER 28, 2010 <br />