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<br />, ~ 1 <br /> <br />THJE A:MDERJC.A.N ][NSTrT1U[TJE OJF }\J8!.-C1H[}[TJECTS <br /> <br />A1.<\ Docume."'1t A310 * Bid Bond * AlA * February 1970 ED * The American Institutes of Architects, <br />1735 N,Y, .'\venue N.W., Washington, DC 20006 <br /> <br />AlA Document A310 <br />JB\ ][)D lB\O ND <br /> <br />I<J\JOW ALL }.lIEN BY THESE PRESENTS, that we Brooks and Freund, LLC <br /> <br />as Principal, hereinafter called t..1"e Principal, and Western Surety Company <br /> <br />a corporation duly organized under the laws of the State of South Dakota <br />as Surety, hereinafter called the Surety, are h~ld and Hrmly bOll...Tld unto <br />City of Sunny .Isles Beach <br />as Obligee, hereinafter called the Obligee, in the sum of <br />5% of Amount Bid <br /> <br />Dollars ($ ------------ ), <br />for thepayme...'1t of which sum well and truly to be inade, the said Principal and tb.e said <br />Surety; bind ourselves, our heirs, executors, administrators, successors and assigns, jointly <br />and severally, .firn:ily by these presents. <br /> <br />WHEREAS, the Principal has submitted a bid for Demolition & Reconstruction of the historic <br /> <br />Sunny Isles Beach/Newport Fishing Pier <br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into <br />a Contract with the Obligee in accordance with the terms of ~uch bid, and give such bond or bonds as <br />may be specified in the bidding or Contract Documents with good and sufficient surety for the fait..1Uul <br />performance of such Contract and for the prompt payment of labor and materials furnished in the <br />prosecution thereof, or in the event of the failure of the Principal to enter such ContraCt and give such <br />bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof <br />between the amount specified in said bid and such larger amount for which the Obligee may in good <br />faith contract with another party to perrorm the Wark covered by said bid, then this obligation shall be <br />null and void, otherwise to remain in full force and effect. <br /> <br />Signed and sealed this <br /> <br />11th <br /> <br /> <br />Witness <br /> <br />day of Augus t <br /> <br />, 20 10 <br /> <br /> <br />(seal) <br /> <br />(seal) <br /> <br />Ifer'Wa[[ :,~SJionteT Insurana, Inc. <br />P. O. 1l0:(14448, St. Petersourg, .n 337"33-4448 * 'To{['Free 800-500-4945 *CPlione 7"27-327-i'070*'fa~J27"-323-7422 <br />