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oy tiy+nr rsrk'�e BID BOND City of Sunny Isles Beach •'� 18070 Collins Avenue � o sr rr. raoA� �� Sunny Islanaeach, FL 33140 l�� er SVN 'NO Telephone: (305) 947.0606 Fex: (306) 949 -3113 STATE OF FLORIDA ) COUNTY OF Miami Dade ) Orchidman Landscape Artisans, KNOW ALL MEN BY T�ESE PRESENTS, that we. Corp. as Principal, and International Fidelity Insurance oinpanY as Surety, are held and firmly bound unto the City of Sunny isles Beach, a municipal corporation of the State of Ffortde In the sum of 5% of Bid Proposal Submitted - - - Dollars (s - - 5% - - I, lawful money of the United Stales, for the payment of which suns well and truly to be made, we bind ourselves, our heirs, executors, administrators end successors Jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION iS SUCH that whereas the Principal has submitted the accompanying Bid dated, January 10th, 2012 11ll;b'f0 for: Citywide Landscaping Services, Sunny Isles Beach, FL Project 11 -12 -02 WHEREAS, It was a condition precedent to the submission of said aid that a cashler's check or Bid Bond in the amount of Elva percent (5 %) of the Baca Bid be submitted with said aid as a guarantee that the Proposers would, If awarded the Contract, enter Into a willien Contract with the City for the performance of said Contract, within ten (10) consecutive calendar daya after written notice having been given of the Award of the Contract. NOW, THEREFORE, the conditions of this obligation are such that if the Principal within ten (10) conseculive calendar days after written notice of such acceptance, enters Into a written Contract with the City of Sunny Isles Beach and furnishes the Performance Bond, satisfactory to the City, each in an amount equal to one hundred percent (100 %) of the Contract Price, and provides all required Certificates of Insurance, 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 herein agrees to pay said sum immediately, upon demand of the City, in good and lawful money of the United Slates of America, as liquidated damages for failure thereof of said Principal, IN WITNESS WHEREOF, the ab bonded parties have executed this instrument under their several seals Ih19 9th day of January ,1ni`� , the name and the corporate seal of each corporate party being hereto affixed and these presents being duly signed by its undersigned representative, DOCUMENT CONTINUES ON NEXT PAUE Orchidman Artisans, Corp. IN PRESE Corporate fndlvltAlriiQ w hip principal Affix Corporate Seal 3001 Ponce de Le n Blvd. Business Coral Gables, FL 33134 City, Slate, and Zip Code 305- 448 -2225 Business Telephone International ideli nsurance Co pany ATTE (Corporate -S retyy' `Impress Corporate Seal 305- 446 -5335 Business Facsimile IMPORTANT Fact & FL Resident Agent Surely companies executing bonds must appear on the Treasury Department's most current list (circular 570 as amended) and be aulhorixad to transact business In the State of Florida. oECEMM za.4ato a of 10