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Gulf Insurance Grou <br /> <br /> 110 West "A" Street Suite 180S <br /> San Diego, Ca 92101 <br /> <br /> Payment Bond Number BE2627098 <br /> Premium is included in Performance Bond <br /> <br />BY THIS BOND, We, S.G. BARBER CONSTRUCTION a~t%~rin¢ipal, and G-ulflnsurance <br />Company, San Diego Ca, a corporation, as Surety axe bound unto <br />· CITY OF REDWOOD CITY herein called Owner, in the sum of <br /> SEVENTEEN THOUSAND DOLLAR.q <br />for.the payment of which we bind ourselves, our heirs, personal representatives, successors and <br />ass,gns, jointly and severally. <br /> <br />THE CONDITION OF THIS BOND is that if principal: <br /> <br />1. Promptly makes payments to all lienors supplying labor, material, and supplies used directly <br />of indirectly by Principal in the prosecution of the work provided in the contract dated the 6TH <br />dayof _MAY 20 02 . between Principal and Owner for construction of 200]_-2002 <br />STREET LIGHT CIRCUIT CONVERSION <br />thc contract being made a part of this bond by reference; and <br /> <br />2. Pays O~ner all loss, damage, expenses, costs, and attorney's fees, including appellate <br />proceedings that 0~er sustains because of default by Principal under paragraph 1. Of this bond; <br />then this bond is void; other~vise, it remains in full force. <br /> <br />Any changes in or under the contract documents and compliance or noncompliance ~vith <br />formalities connected with the contract or ~th the changes do not affect Sur~"s obligation <br />under this bond. <br /> <br />Dated on 4TH day of JUNE 20 02 . <br /> <br /> Title STEVE BARBER, CFO <br /> GULF INS~OMPANY <br /> <br /> <br />