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0$NY rr2 <br /> . BID BOND <br /> n <br /> Ih. x <br /> 1 J:Y City of Sunny Isles Beach <br /> 18070 CoPns Avenue <br /> ��:'•r.°*� ` Sunny Isles Beach,FL 33160 <br /> '°. sus 0' ` Telephone:(305)947-0606 Fax:(305)949-3113 <br /> STATE OF FLORIDA <br /> COUNTY OFBroward ) ) <br /> Recreational Design& <br /> MOW ALL 1v1EN BY THESE PRESENTS, that we, Construction,Inc. as Principal, and <br /> Liberty Mutual Insurance Company ,as Surety, are held and fim I bound unto the*Qi, DS y Isles <br /> Beach, a municipal corporation of the State of Florida in the sum o$''ve Percent 01 Amount 6i�— Dollars (S 5"° , 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 /> HE OF THIS OBLIGATION IS SUCH that whereas the Principal has submitted the accompanying Bid dated, <br /> ec _CONDITION?, U 2 �g or: <br /> aPttliiTgt'PIiPt or�Senator Gwen Margolis and Pelican Community Park <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 ten(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 Certificates 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 the Surety <br /> 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 <br /> damages for failure thereof of said Principal. <br /> IN WITNESS WHEREOF, the above bonded parties have executed this instrument under their several seals this 5th day <br /> afDecember ,20 12 ,the name and the corporate seal of each corporate party being hereto affixed and these presents <br /> being duly signed by its undersigned representative. <br /> DOCUMENT CONTINUES ON NEXT PAGE - <br /> Et' . 131. . .• &Construction,Inc. • • <br /> A –d�I/A o . _ <br /> Individual or Partnership -nncipal Affix Corporate Seal - • <br /> 3990 North Powerline Road - <br /> Business Address • <br /> Ft.Lauderdale,FL 33309 <br /> City,State,and Zip Code <br /> 954-566-3885 954-566-3335 <br /> Business Telephone Business Facsimile <br /> LiDerrty Mutual Insurance Company See attached Power of Attorne <br /> vecretary <br /> (Corporate Surety)' <br /> impress Corporate Seal <br /> • Ge rc , •-In-Fact-• <br /> IMPORT:.,i <br /> Surety companies executing bonds must appear on the 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 />