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Bond No.: 0573449 <br /> Premium: Included <br /> PAYMENT BOND <br /> KNOW ALL MEN BY THESE PRESENTS: That we, Casey Construction, Ina ' <br /> as Principal, and, International Fidelity Insurance Companv organized and existing under the <br /> laws of the State of Calffomia, and author'rced to execute bonds and undertaking as sole surery, <br /> as Surety, are held and firmly bound unto any and all persons named in California Civil Code <br /> Section 3181 whose cla+m has not been paid by the Contrador, company or corporation in the <br /> aggregate total of One Hundred Fifty-three Thousand Nine Hundred Eighty& No/100 Dollars <br /> � 153 980.00 � ���ng 100% of the Contract amount) for the payment whereof, well <br /> and truly to be 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 above with <br /> the City af Redwood City("City'�to do the following wwk, fo-wit: <br /> PUMP STATION #25 AND ADDITIONAL PUMP STATION IMPROVEMENTS <br /> NOW, THEREFORE, if the abov�bounden Principal or his subconVactors fail to pay any of the <br /> persons named in Section 3�81 of the Civil Code of the State of Califomia, or amounts due <br /> under the Unemployment Ihsurance 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 DepaRment from the wages of employees of the Contractor 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 will pay for the same, in the amount <br /> not exceeding the sum specified in this bond, and also, in case suit is brought upon fhis bond, a <br /> reasonable attomey's fee, to be flxed by the Court. <br /> This bond shall inure to the beneft of any person named in Section 3181 of the Civil Cbde of the <br /> State of Califomia so as to give a right of adion to them or their assignees in suit brought upon <br /> this bond, <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 Secfions 3247-3252, inclusive, and alf <br /> amendments thereto. <br /> And the said Surety,for value received,hereby s6pulates arxi aqtees to waive the provisions of <br /> Califomia Civil Code Section 2819 regarding consent to change, eztension of time akeretion, or <br /> addition to the terms of.the Contract, or to the work to be pertormed thereunder, or the <br /> Specifications accompanying the same, shall in any way affeet its obEigations on this bond; and <br /> it does he�eby waive nofice of any s�ch change, e�ctension of time, alteration, or additian to the <br /> terms of the Contract, or to the worlc, or to the Specifications. <br /> PAYMENTBOND � <br /> PUMP STATION#25 AND ADDITIONAL PUMP . <br /> STATION IMPRQVEMENTS <br />