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6.1.D. - Page 89
<br /> A'TTAC�M�IV� ��D„ �o►���; �058'I�k095
<br /> pretnium; �336.04
<br /> P�4YM�N'� �OND
<br /> ktNOW ALL iVlE�3 BY THES� PR�S�NTS:"�hat wa,_____ ___
<br /> O'Grady F'a�ing, lnc.
<br /> as Frinci�al, anc�, i�ra�elers Gasualty ar�d Surety Con��any of America organlz�d
<br /> and eXisfi�g under ftie laws of fhe 5tate of X�'���i�?C
<br /> Corinecf�cut , and aulhorfzed to execute
<br /> bonds and urtder�alcing as sale surety; as Surety, are held and firmly bou�id ur�to aily and a!I
<br /> persons named ln Galifornia Clvil Code Section 31II1 whose cfalm has not been pald by fi�e
<br /> Cflntraclor, com�ar�y or cor�oration In the aggregafe fotal of
<br /> Seventy Thousand&00110D . _, ___ __ �oEl.at's {�___7�,000.40 _ ) (being
<br /> �00% of fhe {Permit anlount)far tfie pay�ient whereaf, weEl and trt��y fo be made, said Pr�ncf�al
<br /> an�i Sur�fy k�ond themselves, their helrs, administealars, aueeessars, and assigns, �olntly and
<br /> severa�i�, tir��r�ly k>}�th�se �rese��is.
<br /> �'H� C�NDI'�I��f OF T�IE FOR��OING OBL.IGA'�I�N 15 SllCI� that, wi�ereas the above wi#t�
<br /> ihe G�ty of Fiedwood Glfy ("City") to do ihe io[iowing work fo��"Cffy" issi�ed Construction Permi#,
<br /> to-wlt:
<br /> 0�1e!�!farina t'roJect
<br /> NOW, 7HEREFO��, if#he abo�e-bot�nden Pt�incfpal or i�is subco�lracfors fall to pay any of the
<br /> pe�'soiis Iiailled ir1 SectEon 3181 of ihe Civil Code of tiie Stake of Galiforn[a, or amounts ctu.e
<br /> �r�der the Unem{�loym�nt lnsurance Code with res�ect to work or labor Perfarmed �Ei�der ihe
<br /> Contract, or for any arnoun#s required to be detfucted, withheld, and �ald over to th� � �
<br /> Emp�oymei�t l7evelopri�ent Department from the wages of em�Ioyees of the Contractor antl his
<br /> subcontractor pursuant tb Secfiarr 13020 of tf�e Unempfoyrrient Insurance Code of the State of
<br /> Ca!lfornEa, with respect to s€�ch work and labor, t�e surely wi11 pay for ti7e same, in #i�e amount
<br /> not�xceedfng the sum specified in fhis t�onci, aiid a�so, in case s�lt is�rough#u�an this t�and, a
<br /> reasonable attorney`s fee, fo be fixed by the Cqurt, -
<br /> Tliis bor�d shafl lnure to the �enefit of any persan nameci iri Seclion 3381 af the Civi�Code of the
<br /> State of Cal'ifornia so as ta glve a rigtit of action to them or iheir assign�es in sirit brougfit upan
<br /> Ehis E�ond.
<br /> This ho�id is executed arid fl(e�t to comply wi#h the provlslons of the act of the �.egislature of the �
<br /> State of Galiforn€a as designafed in C(�il Code Sec#ions 32�7-3252, inclu5�ve, and a[! ,
<br /> am�r�dments tfierefo: i
<br /> Ancf the sald Surely, far vaEue received, hereby stl��lates and agrees to waive the provislans af
<br /> CalifornEa Civil Ca�e Secfion 2F3'�9 regarding consehf#o change, extension of tim� afteratiot�, or '
<br /> adciition ta the terms of the Perniit, or tv fhe worE� to �e �ierfor�ied thereander, or the '
<br /> Speclffcations acco►npanyfng ti�e sanie, shaff i�i any way affect (ts o�ligafions on this bond;anc!
<br /> lt daes l�ereby waive notic�af any suet� change, extertsEon,of tfine, alteration, ar adcfftfon to the.
<br /> ferrns di the Conkracf,or tn fhe worf<, or to ihe Speeifications.
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