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Seu 05 12 02:19p Weber Tractor Service 6503687631 p.4 <br /> Bond No: 71321307 <br /> Premium: Included <br /> PAYMENT BON� <br /> KNOW ALL MEN BY THESE PRESENTS: That we, <br /> Weber Tractor Services <br /> as PrinCipal, and, western Surety Company organized and <br /> existing under the laws of the State of Califamia <br /> and South Dakota , and authorized to execute <br /> bonds and undertafcing as sote surety, as Surety, are held and firmly bo�nd unto any and all <br /> persons named in California Civil Code Seckion 3181 whase claim has not been paid by the <br /> Contractor, company or corporation in the aggregate total af <br /> Fifty-Three Thousand Three Hundred Fifty-Eight and No/100D011afS �$ 53 , 358 . 00 ) {being <br /> 100% af the Cantract amount) for the payment whereof, well and truly to be made, said <br /> Principal and Surety bond themselves, ttteir heirs, administrators, successors, and assigns, <br /> jointly and severally, firmly by these presents. <br /> TNE CDNDITION OF THE FOREGOfNG OBLIGATION IS SUGH that, whereas the a6o�e with <br /> the City of Redwood City ("City"}to do the fofiowing work, to-wit: <br /> VALLEY GUTTER PROJECT (JEFFERS�N AVE 8� CLINTflN ST� <br /> NOW, THERE��RE, if the above-bounden Principal ar his subcontractors fail to pay any of the <br /> persons named in Section 3181 0� the Ci�il Code of the State af Califomia, or amaunts due <br /> under the Unemployment Insurance Code with respect to wark or labor performed under the <br /> Contract, or for any amounts required to be deducted, withheld, and paid over to the <br /> Employrne�nt Development Departmen# from the wages of employees of the Cantractor 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 ex�eeding the sum specified in this bond, and also, in case suit is brought upon this bond, a <br /> reasonable attomey's fee, to be fixed by the Court. <br /> This bond shall inure to the benefit of any person named in Section 3181 of the Ci�il Code of the <br /> State of Cafifornia so as to give a right of actian to them or their assignees in suit brought upon <br /> this bond. <br /> This bond is executed and filed to comply with the prflv€sions of#he act of the Legislature of the <br /> State of California as designated in Ci�il Code Sectians 3247-3252, inclusive, and all <br /> amendments thereto. <br /> And the said Surety, for�alue received, hereby stipulates and agrees to waive fhe provisions of <br /> California Civil Code Section 2819 regarding consenE to change, extension of time alteration; vr <br /> addition to the terms of the Gantract, or to the work to be perforrned thereunder, or the <br /> Specifications accompanying the same, shal! 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 wark, or to the Specifications. <br /> VALLEY GUTTER PftOJECT(JEFFERSON AVE�CLINTON ST) 3 <br />