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HomeMy WebLinkAboutPerformance Bond with Kenneth Witt Well #8, UNITED STATES 1FIDEI a ;s � IUARANTY COMPANY (A S3ockjeipany) BID BOND BOND NUMBER........................................................................................ -; K KNOW ALL MEN BY THESE PRESENTS: THAT Kenneth D. Witt Route # 8 Caldwell, Idaho of.................................................................................................................... ............................... as Principal , and UNITED STATES FIDELITY AND =" GUARANTY COMPANY, a Maryland corporation, as Surety, are held and firmly bound unto.......................................................................................... r= C.....i..t..Y...of ....... . Idaho ..Meidian� .................................... ............ as Obligee, m the full and just sum of.............5,• ,Q•„of,th�,,,�.,kt,�;c,,,,P„ ••• i -3 ... ..................................... Dollars, .`> lawful money of the United States, for the payment of which sum, well and truly to be made, we bind ourselves, our heirs, executors, � . administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the said Principal is herewith submitting its proposal for domestic well # 8 for i the City of Meridian, Idaho THE CONDITION OF THIS OBLIGATION is such that if the aforesaid Principal shall be awarded the contract the said Principal will, within the time required, enter into a formal contract and give a good and sufficient bond to secure the performance of the terms and conditions of E`z the contract, then this obligation to be void; otherwise the Principal and Surety will pay unto the Obligee the difference in money between �. the amount of the bid of the said Principal and the amount for which the Obligee legally contracts with another party to perform the work if the latter amount be in excess of the former, but in no event shall the Surety's liability exceed the penal sum hereof. k:= -' ,.�(Date) 20, 1974 Signed, sealed ........................ Kenneth D. Witt .....................................(SEAL) ;..., Cdelivereec. ............................... ............................. ..... , .. T l” Agent ` E_ Caldwell, Idaho Resident .UNIT TATES FIDELITY AND GUARANTY COMPANY Attorney-in-fact Contract II (Revised) (11-72) r 1­1 Cl PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS, That we Kenneth D. Witt (Contractor) R nvtP of Caldwell. Idaho (Address) as Principal, and United States Fidelity and Guaranty Company (Surety) as Surety are held and firmly bound unto City of Meridian. Idahb (Owner) in the penal sum of Forty-three thousand, one hundred fifty two and No/100 - - (Amount of Bond) Dollars ($_43_,152. 00 lawful money of the United States, which sum is agreed to be the maximum liability hereunder, well and truly to be paid, and for the payment of which we and each of us bind ourselves, our heirs, executors, administrators and assigns, jointly and severally, firmly by these presents. The condition of this instrument is such, that whereas the principal - - --has entered -irate a certain agreement, -hereto --attached-,- wi_.th-----.--_----, _- (Owner) - City of Meridian, Idaho , dated folDomestic Water Supply Well # 8, Meridian, Idaho , 19 NOW THEREFORE, If the principal shall well and truly perform and fulfill all the undertakings, covenants, terms, conditions and agreements of said con- tract during the original term of said contract and any extensions thereof that may be granted, with or without notice to the Surety and shall also well and truly perform and fulfill all the undertakings, covenants, terms, conditions, and agree- ments of any and all duly authorized modifications of said contract that may here- after be made, notice of which modification to the Surety being hereby waived, then this obligation to be null and void, otherwise to remain in full force and effect. PROVIDED, However, that this bond is executed pursuant to the provi- sions of the Public Contracts Bond Act, and all liabilities on this bond shall be determined in accordance with said provisions to the same extent as if set forth in full herein. IN WITNESS WHEREOF, The Principal and Surety have executed this instru- ment this 8th day of January 1975 , ■ (Witness if Indivi u� al or Firm) ' (Attest if Corporation) ' Counter By ' (SEAL OF SURETY) -B 203 el 1-71 Kenneth D. Witt (Principal) .�-- 0 --doop 09 (Atforney-in-Fact) - - Resident Agent at Caldwell Ida -ha r Cr 1-1 . I PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS, That we Kenneth D. Witt (Contractor) Route # 8 of Caldwell, Idaho (Address) as Principal, and United States Fidelity and Gi a_rant3,zCom= any (Surety) as Surety are held and firmly bound unto City of Meriden„ Idaho (Owner) in the penal sum of Forty_thrPP tbo sand, one Iirnnldred flftjr two anri No /1 00 (Amount of Bond) Dollars ($ 43,152.00 ) lawful money of the United States, which sum is agreed to be the maximum liability hereunder, well and truly to be paid, and for the payment of which we and each one of cs bind ourselves, cur heirs, executors, administrators and assigns, jointly and severally, firmly by these presents. The condition of has entered into a certain this instrument is such, that whereas agreement, hereto attac=hed, with the principal (Owner) ' City of Meridian, Idaho dated 19 for domestic water supply well ff 8 Meridian, Idaho NOW THEREFORE, If the said principal shall pay all claimants supplying labor or materials to him or his subcontractors in the prosecution of the work provided for in said contract, and any and all duly authorized modifications of said contract that may hereafter be made, notice or which modifications to the Surety being hereby waived, then this obligation shall be void, otherwise to re- main in full force and effect. ' PROVIDED, However, that this bond is executed pursuant to the provi- sions of the Public Contracts Bond Act, and all liabilities on this bond shall be determined in accordance with said provisions to the same extent as if set forth in full herein. IN WITNESS WHEREOF, The Principal and Surety have executed this instru- ment this 8th day of January , 19 75 l(Witness if ndi idual or Firm) ' (Attest if Corporation) Coun rs' / By ' (SEAL OF SURETY) t U-B 204 D. 9-68 Kenneth D. Witt (Principal) (Suret.y ^ (Attorney -in -Fact) Resident Agent at Caldwell , Idaho.