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2010-082 RES APPROVING THE BID AND AWARDING THE CONTRACT FOR THE CONSTRUCTION OF A FISHING PIER AT LAKE CROOK TO BOBBY SMALLWOOD
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2010-082 RES APPROVING THE BID AND AWARDING THE CONTRACT FOR THE CONSTRUCTION OF A FISHING PIER AT LAKE CROOK TO BOBBY SMALLWOOD
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Last modified
8/21/2012 12:18:49 PM
Creation date
7/30/2010 10:25:31 AM
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CITY CLERK
Doc Name
2010-082
Doc Type
Resolution
CITY CLERK - Date
7/26/2010
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Bici Bond <br />SURETY DEPARTMENT <br />Conf'o1•ms witli tlie Americaii institute of <br />Architects, A.I.A Docuinents No. A-310 <br />KNOW ALL MEN BY THESE PRESENTS, <br />Bobb Smallwood Construction Co. Inc. as Principal <br />That we, <br />hereinafter called the Principal, and Ohio Farmej•s Insuranee Com an a corporatioii created and existing under the aws <br />of E1ie State of OH whose principal office is in Westfield Centez• as Sii1•ety, hereinafter called tha <br />Surety, are held and firmfy bound u❑to Cit of Paris as Obligee, hereiiiafter calied the Obligee, <br />in tlie sum of Five Percent of the GreAtest Amount Bid Doliars ($5% GAB) <br />for the payment of which sum, weil and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, <br />executors, administrators, SUCCCSSOI'S AI1CI 2SS1g11S, jointly and severaliy, firuily by these presents <br />Whereas, the Principal has submitted a bid for Lalte Croolc Pier <br />NOW, THEftEFORB, if the Obligee shall accept the bid of tlte Principal and the Pruicipal shall eltter into a contract tvitli the <br />Obligee in aceordance with the terms of such bid, and give sucli bond or bonds as may be specified in the bidding or contract <br />documents with good and sufficient surety for tlie faitliful performance of such contract and for the pi•ompt payment of laboz• and <br />material fiirnished in the prosecution thereof, or in the event of the failure of the Principal to enter such contract and give such <br />bond or boiids, if the Principal shali pay to the Obligee the difference not to exceed the penatty hereof Ueriveen the amount <br />specified in said bid and such larger amount for wtiich the Obligee may in good faith coutract with another party to perform ttie <br />work covered by said bid, theii this obligation shall be null and void, otherwise to remain in full force and effect <br />Signed and sealed tliis 1601 day of Julv, 2010 <br />Bobb Smalhvood Cansti•uction Co. Inc. <br />(Principa <br />By (SEAL) <br />Ohio rarmers Ius"u"ance Coinnanv <br />(Surety) <br />By 4+/ dn'~ _tSEAL) <br />Richard W. Daiker Attorney-ul7fr:at' , <br />, , <br />
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