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SVNN( 14 .. <br /> ` <br /> •e BID BOND <br /> • City of Sunny Isles Beach <br /> 18070 Collins Avenue <br /> • •i e°`O Sunny Isles Beach FL 33160 <br /> • o, ,,•• Telephone:(305)947-0606 Fax:(305)949-3113 <br /> STATE OF Texas <br /> Travis <br /> COUNTY OF ) <br /> KNOW ALL MEN BY THESE PRESENTS, that we,Hellas Construction, Inc. as Principal, and <br /> Liberty Mutual Insurance Company , as Surety, are held and firmly bound unto the C(�;�j y of Sunny Isles <br /> Beach, a municipal corporation of the State of Florida in the sum of Five Percent of Amount Bid Dollars (5 D70 ), 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 tnat whereas the Principal has submitted the accompanying Bid dated, <br /> December 12 2012 for: <br /> Artificial Turf for Senator Gwen Margolis and Pelican Community Parks <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;en(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 Certlflcates 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 tne Surety <br /> herein agrees to pay said sum immediately,upon demand of tne City,in good and lawful money of the United States of America,as liquidated <br /> damages for failure thereof of said Principal. ‘ ..e <br /> •IN WITNESS WHEREOF, the above bonded parties have executed this instrument under their;se thi <br /> veralieals sl2th•0- day <br /> ® of December ,20 12 , the name and the corporate seal of each corporate party;beirig hereto affzetl;and Nese presents <br /> being duly signed by its undersigned representative. =r7 -C' ••' t <br /> DOCUMENT CONTINUES ON NEXT PAGE %U : Z <br /> : <br /> IN PRESENCE OF: rrrfty , <br /> Hellas Construction, Inc. I L 1I k,I 1,g , <br /> Individual or Partnership Principal Affix .rpora•-. <br /> 12710 Research Blvd., Suite 240 04 e' e' gi f <br /> Business Address <br /> Austin, TX 78759 <br /> City,State,and Zip Code <br /> 512-250-2910 512-250-1960 <br /> Business Telephone Business Facsimile <br /> • <br /> ATTEST: ��/I`` W�A Witness <br /> Liberty Mutual Insurance Company 1 J,JVVt,)Th 8elmatagc <br /> (Corporate Surety)* <br /> By: - • Jet <br /> 'Impress Corporate Seal <br /> Beverly M.Trimble. ' ey-in-Fact <br /> IMPORTANT <br /> Surety companies executing bonds must appear on tne Treasury Department's most current list(circular 570 as amended)and be authorized <br /> ® to transact business in the State of Florida. <br /> DECEMBER 28,2010 8 of 10 <br /> Hellas Construction Inn. RFP#12-10-03 P.105 <br />