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Agmt10 Scapes, Inc.
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Agmt10 Scapes, Inc.
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Last modified
11/1/2010 3:42:48 PM
Creation date
11/1/2010 3:42:47 PM
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Agreement
Contractor Name
Scapes, Inc.
PROJECT NAME
Levee Vegetation Installation at 1400 Radio Rd.
RMP File Number
304.5
Date
10/22/2010
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- <br /> PAYMENT BOND Bond #884112 <br /> Premium: Included in Performance Bond <br /> KNOW ALL MEN BY THESE PRESENTS: That we, Scapes, Inc. <br /> as Principal, and, Contractors Bonding and Insurance Company organized <br /> and existing under the laws of the State of California <br /> Contractors Bonding and Insurance Company , and authorized to <br /> execute bonds and undertaking as sole surety, as Surety, are held and firmly bound unto <br /> any and all persons named in Califomia Civil Code Section 3181 whose claim has not <br /> been paid by the Contractor, company or corporation in the aggregate total of <br /> Thirty Five Thousand Six Hundred Sixty Five Dollars ($ 35,665.00 ) <br /> (being 100% of the Contract amount) for the payment whereof, well and truly to be <br /> made, said Principal and Surety bond themselves, their heirs, administrators, <br /> successors, and assigns, jointly and severally, firmly by these presents. <br /> THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH that, whereas the <br /> above with the City of Redwood City ( "City ") to do the following work, to -wit: <br /> LEVEE VEGETATION INSTALLATION <br /> AT 1400 RADIO ROAD <br /> NOW, THEREFORE, if the above - bounden Principal or his subcontractors fail to pay any <br /> of the persons named in Section 3181 of the Civil Code of the State of California, or <br /> amounts due under the Unemployment Insurance Code with respect to work or labor <br /> performed under the Contract, or for any amounts required . to be deducted, withheld, <br /> and paid over to the Employment Development Department from the wages of <br /> employees of the Contractor and his subcontractor pursuant to Section 13020 of the <br /> Unemployment insurance Code of the State of California, with respect to such work and <br /> labor, the surety will pay for the same, in the amount not exceeding the sum specified in <br /> this bond, and also, in case suit is brought upon this bond, a reasonable attorney's fee, <br /> to be fixed by the Court. <br /> This bond shall inure to the benefit of any person named in Section 3181 of the Civil <br /> Code of the State of Califomia so as to give a right of action to them or their assignees in <br /> suit brought upon this bond. <br /> This bond is executed and filed to comply with the provisions of the act of the Legislature <br /> of the State of California as designated in Civil Code Sections 3247 -3252, inclusive, and <br /> all amendments thereto. <br /> And the said Surety, for value received, hereby stipulates and agrees to waive the <br /> provisions of California Civil Code Section 2819 regarding consent to change, extension <br /> of time alteration, or addition to the terms of the Contract, or to the work to be performed <br /> thereunder, or the Specifications accompanying the same, shall in any way affect its <br /> obligations on this bond; and it does hereby waive notice of any such change, extension <br /> of time, alteration, or addition to the terms of the Contract, or to the work, or to the <br /> Specifications. <br /> LEVEE VEGETATION INSTALLATION AT 1400 RADIO ROAD <br />
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