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Bond No: 0573426
<br /> PAYMENT Bt7NP3 Premium:$11,882.00
<br /> KNQW ALL MEN BY THESE PRESENTS: Tha#we,
<br /> Casey Construction, Inc.
<br /> as Principal, ar�d, International Fidelity Insurance Company ''f�.' organized and
<br /> existing under the laws Qf the State t�f Ca6ifarnia
<br /> and New Jerse , and autharized to execute
<br /> bonds and undertaking as sole surety, as Surety, are held and firmly Laound unto any and all
<br /> persons named in California Civil Code Section 3181 whose claim has nat been paid tay the
<br /> Gontractor, com�any or corparati�n in #he aggeegate total of
<br /> Eight Hundred Thirty Eight Thousand One Hundred Seventy and No/100 pp����g (�;g38,170.00 } (being
<br /> 1 QO°l4 of t}�e Contcact amount) for the payment wherecrf, well and truly ta b� made, said
<br /> Principa( and Surety bc�nd themselves, their heirs, administratars, success�rs, and assi�ns,
<br /> jointly and severa[ly,firmly by these preser�s.
<br /> THE GONDtTIflN {)F THE FQREGUING QBlIGATION IS StlCN that, whereas#he above with
<br /> the Gi#y of Redwoad City ("City"j t�do the following wrork, to-wit:
<br /> 2012-2013 WATERMAIN REPL./�CEMENT PROJECT
<br /> NQW, THER�F�RE, if the above-bounden Principal or his subcontractors fail to pay any of the
<br /> persons named in Section 3181 rrf the Givil Code c�fi the State af California, ar amounfs c�ue
<br /> ur�der the Unemployment Insuranee Code with respect to wor�C ar fabor perfarmed under the
<br /> C�ntract, or for any amounts reguirsd to be deducked, witl�held, and paid over fa the
<br /> Employment Qevelopment Departrnent fram th�wages af employees af the Contractor and his
<br /> sub�ntrac#or pursuant to Section 13020 of the Unemptoyment lnsurance Cade of the State of
<br /> California, with respect tfl such wnrk and labor, the surety will pay for the same, in the amount
<br /> nat exceeding the sum specified in this bo�d, and a1sQ, in case suit is brought upon this bond, a
<br /> rsasonable attomey's fee, to be fixed by the Gourt.
<br /> This bond shall inure t�the ben�fit af any pers�n named in Section 3189 af the Civil Cocte of the
<br /> Sfate of Catifomia so as ta give a right of action to them or their assignees ir� suit brought upon
<br /> this band.
<br /> This band is executed and filed to comply�nrith the provisians of the act of the Legisiature of the
<br /> State af California as designated in Civil Code Sectic�ns 3247-32�2, inclusive, and all
<br /> amendments thereto.
<br /> And the said Sure#y, fpr value receiued, hereby stipufa#es and agrees to waive the pravisions of
<br /> California Givif Code Section 2819 regarding conseni to change, extension of time alteration, or
<br /> addition ta the terms of the Contcact, ar ta the work ta be perfarmed thereuntler, c�r th�
<br /> Specifications accrsmpanying the sam�e, shall in ar�y way affect 'rts abligatians on this bond; and
<br /> i#d�es herehy waive notice of any such ehange, extension af time, alteration, or addition to the
<br /> terms trf the Contract, or to the work, ar to the Specifrcations.
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