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JN- E <br /> s.• <br /> t t..,..4, BID BOND <br /> S. 4 „_ <br /> ` mow-': City of Sunny Isles Beach <br /> \\" /. 18070 Co9ins Avenue <br /> •riui <br /> oo::- <br /> Sunny Isles Beach,FL 33160 <br /> esion Telephone:(305)947-0606 Fax:(305)949-3113 <br /> STATE OF FLORIDA ) <br /> COUNTY OF Miami-Dade ) ) <br /> MF N TSouthern Underground Industries,Inc. <br /> KKNN <br /> Gre4a�Amet4i�h Insurance CgxipanyHESE PRESENTS, thatwe, as Principal, and, 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 Five Percent of Bid Amount Dollars (S 5"!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 /> April 29, 23W for: <br /> Into 172nd DRAINAGE REPAIRS-BID NO. 16-04-01 <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 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 29th day <br /> of APnd ,20 16 ,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 /> DOCUMENT CONTINUES ON NEXT PAGE <br /> 1e0-0 <br /> nd , , <br /> IN PRESENCE OF: \ F 1Or• Cr°p <br /> 0Southern Underground Industries,Inc. \ d %.. <br /> itritatardawctmimwtnififitiw Corporation Affix Corporate Seal U) O\\`C iC p� m <br /> CJ rn <br /> 3453 N.W.44th Street,Suite 205 �\ 2008 <br /> Business Address <br /> G <br /> Fort Lauderdale,FL 33309 �/n O S <br /> City,State,and Zip Code <br /> (954)237-9266 <br /> Business Telephone Business Facsimile <br /> Great erica ura m ny <br /> ATTES` -ts,-- <br /> `. "Secretary <br /> Charles J.Nielson, (Corporate Surety)' <br /> — <br /> Atty.-In-Fact <br /> 'Impress Corporate Seal By: <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 /> DacauaER 28.2010 8 of 10 <br />