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THE AMERICAN INSTITUTE OF ARCHITECTS <br />91 <br />A!A Document A390 <br />Bid Bond <br />KNOW ALL MEN BY THESE PRESENTS, thatwe <br />INTERCON CONSTRUCTION CO., INC. (Here insert full name and address or Iega1 tltle of Contractor) <br />as Principal, hereinafter called the Principal, and <br />SURETEC INSURANCE COMPANY - 9737 Great Hills Trail #320 Austin, TX 78759d~eSS o~ie9~~ne °fs~~a~y~ <br />a corporation duly organized under the laws of the State of <br />as Surety, hereinafter called the Surety, are held and firmly bound unto <br />CITY OF PARIS (Here insert full name and address or legal tltle of Owner) <br />as Obligee, hereinafter called the Obligee, in the sum of <br />5% OF THE GREATEST AMOUNT BID Dollars 5% GAB <br />for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind <br />ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by <br />these presents. <br />WHEREAS, The Principal has submitted a bid for <br />DEMOLITION OF CASA BONITA APARTMENTS <br />NOW, THEREFORE, if the Obligee shall eccept the bid of the Principal and the Principal shall enter into a Contrect with <br />the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or <br />Contrect Documents with good and sufficient surety for the faithiul performence of such Contrect end for the prompt <br />peyment of labor end material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter <br />such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penaRy <br />hereof between the emount specified in seid bid end such lerger amount for which the Obligee may in good faith contract <br />with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain <br />in full force and efiect. <br />Signed and sealed this 19th day of August 20 08 <br />~ <br />ON CONS RUCTION CO., INC. <br />~ ([3'itness) )f.~~/ <br />_ (ntk)v <br />SURETEC INSURANCE COMPANY <br />(~rehl (swq <br />e <br />DEBI MOON (nd~)Attomey-I ct <br />AIA DOCUMENT A310. BID BOND. AIA O. FEBRUARY 1970 ED. THE AMERICAN <br />INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 <br />EXHlBIT B. <br />. oo017~ <br />