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<br />FIRST SEALORD SURETY, INC.
<br />Principal Office
<br />789 E. Lancaster A venue
<br />Villanova, P A 19085
<br />610,664.2324
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<br />BID BOND
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<br />Bond No. Oq - \ \ 0 "). 'l.
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<br />KNOW ALL MEN BY THESE PRESENTS that we
<br />Tenex Enterprises, Inc.
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<br />as Principal, hereinafter called the Principal, and FIRST SEALORD SURETY, INC" a corporation duly organized under
<br />the laws of the Commonwealth of Pennsylvania, as Surety, hereinafter called Surety, are held and firmly bound unto
<br />City of Sunny Isles Beach
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<br />as Obligee, hereinafter called Obligee, in the sum of
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<br />Five Percent of Amount Bid****
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<br />Dollars ( ), or (5 %) percent of the amount bid, whichever is less,
<br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our
<br />heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.
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<br />WHEREAS, the Principal has submitted a bid for 09-11-01
<br />Skateboard Park Town Center Park
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<br />NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract
<br />with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the
<br />bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for
<br />the prompt payment ofIabor and material furnished in the prosecution thereof, or in the event of the failure of the
<br />Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference
<br />not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the
<br />Obligee may in good faith contract with another party to perfonn the Work covered by said bid, then this obligation
<br />shall be null and void, otherwise to remain in full force and effect.
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<br />Hamid Fouladi President (Title)
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<br />FIRSfSE#JRD SU..l'ETY, INr;I}
<br />By:~~U~/J
<br />Michele Council (Attorney-in-Fact)
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<br />Signed and sealed this
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<br />day of Dec , 20 09
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<br />(Witness)
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<br />Bid Bond Public (Ed 8/28/06)
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