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<br />19255517666 <br /> <br />'i\ <br /> <br />1_- <br /> <br />-,.--. , <br /> <br />Main Fax <br /> <br />GETTLER RYAN I IIL; <br /> <br />v. .'v ~vvv <br /> <br />u..:' <br /> <br /> doll' <br /> <br />ATTACHMENT "0" <br /> <br />.. <br /> <br /> <br />\ <br /> <br />Bond No. C800708 <br /> <br />PAYMENT BOND <br /> <br />KNOW ALL MEN BY THESE PRESENTS: That we, <br /> <br />Gettler-Ryan, Inc. <br /> <br />as Principal, and, Financial Pacific Insurance Company organized <br />and existing under the laws of the State of California <br />California ' aM authorized to execute <br />bonds and undertaking as sale surety, as Surety, are held and firmly bound unto any and all <br />persons named In California Civil Code Section 3181 whose daim ~as not been paid by the <br />Contractor, company or corporation in the aggregate total of <br />One hundred seventy three thousand and no/Dollars ($ 173,000.00 ) (being <br />100% of the (Permit amount) for the payment whereof, well and truly to be made, said Principal <br />and Surety bond themselves, their heirs, administrators, successors. and assigns, jointly and <br />severally, firmly by these presents. <br /> <br />THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH that. whereas the above with <br />the City of Redwood City ("City") to do the following work far "City" issued Construction Permit. <br />to-wit: <br />improvement work at 585 Whipple Avenue (Chevron Gas Station) <br /> <br />NOW, THEREFORE, if the above-bounden Principal or his subcontrac~ors fail to pay any of the <br />persons named in Section 31 B 1 of the Civil Code of the State of California, ar amounts due <br />under the Unemployment Insurance Code with respect to work or labor performed under the <br />Contract, or for any amounts required to be deducted, withheld. and paid over to the <br />Employment Development Department from the wages of employees of the Contrõctor and his <br />subcontractor pursuant to Section 13020 of the Unemployment Insurance Code of the State of <br />California, with respect to such work and labor, the surety wìll pay for the same, in the amount <br />not exceeding the sum specified in this bond, and also, in case suit is brought upon ~his bond, a <br />reasonable al1orney's fee. to be ¡¡xed by the Court. <br /> <br />This bond shall inure to trle benefit of any person named in Section 3181 of the Civil Code of the <br />State of California so as to give a right of action to them or their assignees in suit brought upon <br />this bond. <br /> <br />This bond is executed and filed to comply with the provisions of the act of the Legislature of the <br />State of California as designated in Civil Code Sections 3247-3252. inclusive, and all <br />amendments thereto. <br /> <br />And the said Surety, for value received, hereby stipulates and agrees to waive the provisions of <br />California Civil Code Section 2819 regarding consent to change, extension of time alteration, or <br />addition to the terms of the Permit, or to the work to be periormed thereunder, or the <br />Specifications accompanying the same, shall in any way affect its obligations on this bond; and <br />it does hereby waive notice of any such change, extension of time, alteration, or addition to the <br />terms of the Contract, or to the work, or to the Specifications. <br /> <br />--:;- <br /> <br />--.,. .~--, <br />