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E. BID BOND <br /> ® .. City of Sunny Isles Beach <br /> 18070 Collins Avenue <br /> Cr � Sunny Isles Beach.FL 33160 <br /> or sus ''Sc Telephone:(305)947-0606 Faz(305)949-3113 <br /> STATE OF FLORIDA ) <br /> COUNTY OF ) <br /> KNOW ALL MEN BY THESE PRESENTS, that we, as Principal, and <br /> , 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 Dollars (5 ), 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 /> 2010 for: <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 five percent(5%)of <br /> 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 <br /> the City for the performance of said Contract,within ten(10)consecutive calendar days after written notice having been given of the Award of <br /> 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 Cily 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 day <br /> of 20 ,the name and the corporate seal of each corporate party being hereto affixed and these presents <br /> ® <br /> being duly signed by its undersigned representative. <br /> DOCUMENT CONTINUES ON NEXT PAGE <br /> IN PRESENCE OF: <br /> Individual or Partnership Principal Affix Corporate Seal <br /> Business Address <br /> City,State.and Zip Code <br /> Business Telephone Business Facsimile <br /> ATTEST: <br /> Secretary <br /> (Corporate Surety)' <br /> By <br /> 'Impress Corporate Seal <br /> IMPORTANT <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 8 of 10 <br />