Agmt04 Western States Surfacing - Laserfiche WebLink

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~ 1 Bond No: 92933 4959 . Premium: Included in Performance Bond SECTION 00620 PAYMENT BOND KNOW ALL·MEN BY THESE PRESENTS: That we, Western States Surfacing Inc. as Principal, and, organized and existing under the the of ~x. South Dakota authorized to execute bonds and undertalångas sole suretý, as Surety,are held and Irmly boLl'1d unto any and all persons named in California Civil Code Section ~181whose cl im has not been paid by the Contractor, . company or corporation in the aggregate total of Six HuntirMt-linMy n.- Thauc;¡nl'l ~ViPn J.lunl'lrM * . Dollars ( 691 761_36 ) (being ·100% of the Contract amount) for :the payment whereof, wel and truly to be made, said Principal and Surety bond themselves, their heirs, administrat rs, successórs, anq assigns, jointly and severally, firmly by these presents. * Sixty °-Ri.r8ßlðlf'.8J~r¥t.f~xF<¿WibOING OBLIGATION IS sue that, whereas the above with the City of Redwood City (·Clty¡ to do the following work, to-wit: 2003-2004 ASPHALT RUBBER CHIP SE NOW, THEREFORE, if the above-bounden Principal or his subc ntractorsfail to pay any of the persons named In Section ~181' of the Civil Code of the State of California, or amounts due under the Unemployment Insurance Code with respect to work or labor performed under ·the Contract, ór.. for any' amounts required to be deducted, wit held, and paid over to the Employment Development Department from the wages of empl as of the Contractor and his subcontractor pursuant to Seotion13020 of the Unemployment urance Code of the State of . California, with respect to such work and labor, the surety will p Y for the same, In the amount not exceeding the sum specified in this bond, and also, in case s it is brought upon this bond, a reasonable attorneys fee, to be fixed by the CoLirt. This bond shall inure to the benefit of any person named in Sectl n· 3181 of 1he Civil Code of the State of California so 'as to give a right of action to them or their . Ignees In suit brought upon this bond. This bond is executed and filed to comply with the provisions of he act of the Legislature of the State of California as designated in Civil Code Sections 247-3252. inclusive, and all amendments thereto. And .the said Surety, for value received, hereby stipulates and a rees to waive the provisions of · California Civil Code Section 28; 9 regarding consent to change, extension 01 time alteration, or addition to the terms of the Contract, or to the work to be performed thereunder, or the Specifications accompanying the same, shall in any way affect obligations on this bond; and it does hereby waive notice of any such change, extension of ti e, alteration, or addition to the terms of the Contract, or to the work, or to the Specifications. PAYMENT BOND 00820-1 2003-2004 ASPHALT RUBBER CHIP SEAL - .. 'T -""1r T --