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a 0"'Nv rrr� t .;. `�= BID BOND II t City of Sunny Isles Beach 18070 COMB Avenue *. r'�•rr°�`OO.`� Survy Isles Beach,FL 33160 °,few'fr Telephone:(305)947-0606 Fax:(305)94D-3113 STATE OF FLORIDA ) COUNTY OF Miami-Dade) ) II KNOW ALL MEN BY THESE ESENTS, that we, Pro Grass, LLC as Principal, and Fidelity and Deposit Company of ry anCC , as surety, are held and firm bound unto the City of Sunny Isles Beach, a municipal corporation of the State of Florida in the sum of 5%of amount bid plus al ematettouars(S ),lavdu' . money of the United States,for the payment of which sum well and truly to be made,we bind ourselves,our heirs,executors,edmlydstrators I and surcrssors)ointy and severally,firmly by these presents. THE QNDITION OF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying Bid dated, 5 2012tor, Artificial Turf for Senator Gwen Margolis and Pelican Community Parke I RP No. 12-10-03 WHEREAS,it was a condition precedent to the submission of said Hid that a cashier's check or Bid Bond in the amount of five percent(5%)of the Base Bpd be submitted with said Bid as a guarantee that the Proposers would,If awarded the Contract,enter into a written Contract with the City for the performance of said Contract,within ten(10)consecutive calendar days after written notice having been given of the Award of the Contract. I NOW,THEREFORE,the conditions of this obligation are such that if the Principal within ten(10) consecWve calendar days after written notice of such acceptance,enters Into a written Contract with the City of Surety 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 sign herein stated shall be due aryl payable to the City of Sunny Isles Beach and the Surety I herein agrees to pay said sum Immediately,upon demand of the City,In good and lawful money of the United States of America,as liquidated damages for failure thereof of said Principal. IN MITNESS WHEREOF, the above bonded parties have executed this instrument under their several seals this 5th day d December 20 12 ,the name and the corporate seal of each corporate party being hereto affixed and these presents Ibeing duly signed by is undersigned representative. DOCUMENT CONTINUES ON NEXT PAGE IN PItESe 7 Pro Grass, LLC et. IIndividual or fi• -dndpal Affix Co poste Seal 960 Perm Ave., Ste. 810 Business Address I Pittsburgh, PA 15222 Ciy,State,and Zip Code 412-434-6003 412-391-2270 IBusiness Telephane Business Facsimile Fidelity and Deposit Company of Maryland ATTEST , �c- l Secretary Scott Liptak (Corporate Surety)- Mary AA�((ipp ef,/-' _ Attorney-in-Fact i By. 'impress Corporate Seal Scott Liptak,Attorney-In-Fact IMPORTANT Surety companies executing bonds must appear on the Treasury Department's most current list(circular 570 as amended)and be authorized to transact business in the State of Florida. 1 DECemEtER 25,7:110 8of 10 - ProGrass REP, .t30 No. 12-10-03