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<br /> <br />BID BOND <br /> <br />City of Sunny Isles Beach <br />18070 Coll1ns Avenue . <br />Sunny Islas Beach, Fl 33160 <br />Telephone: (305) 947-0606 Fax: (305) 949-3113 <br /> <br />STATE OF FLORIDA ) <br /> <br />COUNTY OF M J Mil -DAD~ <br /> <br />KNOW ALL MEN BY THESE PRESENTS, that we, GECKO GROUP, I NC. as Principal, and <br />FIRST SEALORD SURETY, INC. ,.as Surel.v.. are he.ld and_firmly, bound unto fhe City of Sunny Isles <br />Beach, a municipal corporallon of the Stale of Florida in the sum of 1-1 VE PEl<Ct:.NT uF AMOUNf 810 Dollars ($ :J~, l, lawful <br />money of the United States, for the paymenf of which sum well and truly 10 be made, we bind ourselves, our heirs, executors, administrators <br />andsuccossors Jointly and severally, firmly by these presents. <br /> <br />THE CONDITION OF THIS OBLIGATION IS SUCH fhal whereas the Principal has submitted the accompanying Bid dated, <br />JUNE 1 , 2010 for: <br />BELLA VISTA PARK IMPROVEMENTS <br /> <br />WHEREAS, II was a condllion precedent 10 the submissIon of said Bid Ihat a cashier's check or Bid Bond In Ihe amounf of five percent (5%) of <br />the Base Bid be submitted wilh said Bid as a guarantee that the Proposers would, If awarded Ihe Contracl, enler Info a written Contract with <br />the Clly for fhe performance of said Contract, within ten (10) consecutive calendar days after wrillen notice having been given of the Award of <br />fhe Conlract. ' <br /> <br />NOW, THEREFORE, the condillons of this obligation are such fhat If the Principal withIn ten (10) consecuUve calendar days after written <br />nollce of such acceplance, enlers Inlo a written Confracl with the City of Sunny Isles Beach and furnishes the Performance Bond, satisfaclory <br />10 the Cily, each In an amount equal 10 one hundred percent (100%) of fhe Contract Price, and provides all required Certificates of Insurance, <br />Ihen thIs obligation shall be void; otherWise fhe sOm herein staled shall be due and payable to the City of Sunny Isles Beach and the Surety <br />herein agrees 10 pay saId sum Immediately, upon demand of fhe City, In good and lawful money of the United States of America, as IIquldaled <br />damages for failure thereof of said ,Principal. <br /> <br />IN WITNEJtfNrr'HEREOF, the abo~l bonded parties have executed this Instrumenl under theIr several seals Ihls 1 ST . day <br />of , ,20_, the name and the corporale seal of each corporafe party being hereto affixed and these presents <br />being duly sIgned by its undersigned representative. <br /> <br />DOCUMENT CONTINUES ON NEXT PAGE <br /> <br />IN PRESENCE OF: <br /> <br />GECKO GROUP, INC, <br />IndivIdual or Partnership Principal <br /> <br />120 ~IADE I RA AVE. <br />Business Address <br /> <br />Affix Corporafe Seal <br /> <br />CORAL GABLES, FL 33134 <br />City, Sfate, and Zip Code <br />305-443-8482 <br /> <br />305:'443-8481 <br /> <br />Business Telephone <br /> <br />Business Facsimile <br /> <br />f\jf[Hgf1sEALORD SURETY, INC. <br /> <br />( f..I /:,/'~. <br /> <br />BY:" t ~7>00 <br />, 'Impress Corporate Seal .-'" <br />CHARLES J,'NIELSON, ATTORNEY IN FACT <br /> <br />AS PER ATTACHED POWER OF <br />ATTORNEY <br /> <br />Secretary <br /> <br />By: <br /> <br />IMPORTANT <br /> <br />Surely companies executing bonds must appear on fhe Treasury Department's most current list (circular 570 as amended) and be aufhorized <br />to transact business in the Slale of Florida. . <br /> <br />DECEMBER 28, 2010 <br /> <br />8 of 10 <br />