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B{D BO ND <br />~ KNOW ALL MEN 8Y THESE PRESENTS, ihat we the under5igned~tepnens & sons concrete Contractors, Incag <br />~ PRINCI('AL, 8nd _ sureTec Insurance Comoanv aa SURETY are held and firmly <br />bound ur1t0 , Citv ot Paris hereinafter called the "Owner", in the penal sum <br />OF Five Percent of Greatest Amount Bid Dolla('S, 5% GAB 18VYFuI mOf18y Of the <br />~ United States, for the payment of whioh sum welf and truiy to be made, we bind ourselves, our heirs, <br />executors, admfnistrators, successars, and assigns, jointly and severafly, firrnly by these presents. <br />THE CONDITfON OF THfS 08LIGATION !S SUCN, that v+ehereas the Principal has submitted the <br />~ Aecompanying Bfd, dated MarCh 2 2010 , f0('Downtown Sidewalk Replacement - Sidewalk Curb, Gutter, & Ramps <br />NOW, THEREFUR, if the Principal sha11 not withdraw said 8id within the period specified fherein after <br />~ the apening of the same, or, if no period be specffied, within thirty (30) days after the said opening, <br />and shall wllhin the period speCified therefor, or if no period be specified, within ten {10} days after the <br />prescribad forms are presented to him for signature, enter into a written contract with the Owner in <br />~ accordsnce with the Bid as accepted, and. give hond with good and sufficient surety or sureties, as <br />mey be required,- for the faithFul performance and proper fulfrflment of such contract; or in the event of <br />the withdrawal oF said Bid within the period specified, or the faifure to er,tEr into such Contract and <br />~ give such bond within the iirne specifred, 'rf the Principal sh211 pay the Owner the ditference b2tween <br />the amount sRecified in said Bid and the amount fvr which the lacal Pubiic Agency rnay procure the <br />required wvrk or suppliss or both, if the latter be in excess of the forrrier, then the,abvve obligation <br />, shal( be vaid and of no effect, vtherwise to remain in fufl force and virtue. <br />~ IN WITNESS THEREOF, the above-bounded parties have executed this instrument under thEir <br />several seets this 2nd day of March 2010 , the name and carporate seal of <br />~ each corporate party being hereto affixcd and these presenE signed by its undersigned representative, <br />pursuant ta authority of ifs governing body. <br />(SERL) <br />I Attest: <br />I Attest: <br />Attest: <br />/Qj (SEAL) <br />AfFix <br />Corparaie <br />Seal <br />By: <br />Affix <br />Corporate <br />Sea! <br />sy: <br />Countptsigned <br />Fa.ct, SEate vf <br />9 <br />