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<br />~~'Op•COIO //~~ //~~ ,
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<br />.e ~ ~tate o~(,olOrado
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<br />PROJECT: OHIO CREEK # 2
<br />III IIIIIIIIIIIIIIII
<br />Bond No. TD- 01166
<br />4JL[L YJO/!LL
<br />PROJECT N0. PKA-6-374
<br />5% of the amount bid not to exceed TWELVE THOUSAND FIVE HUNDRED AND 00/100
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />WHEREAS, RAMSTETTER EXCAVATING, INC.
<br />1120 SECREST STREET GOLDEN,80401
<br />hereinafter called the "PRINCIPAL",is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO,
<br />hereinaher called the 'OBLIGEE". DIVISION OF MINERALS AND GEOLOGY
<br />WHEREAS the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the
<br />PROPOSAL a PROPOSAL GUARANTY in an amount not less than five per cent (5%) of the proposal, which sum it is specifically
<br />agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in
<br />pursuance of which Requirement, this Bid Bond is made, executed and delivered.
<br />NOW. THEREFORE, the Principal and
<br />RELIANCE NATIONAL INDEMNITY COMPANY
<br />4 PENN CENTER PLAZA
<br />PHILADELPHIA, PA 19103
<br />a corporation of the State of WI ,duly authorized to transact business in Colorado, as Surety, are
<br />held and firmly bound unto the igee, in a sum o rva per can %) of the Principal's total bid price, lawful money of the United
<br />States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our hens, executors,
<br />administrators, successors and assigns, jointly and severally, firmly by these presents.
<br />FURTHER THAT, a condition of this obligation is such that the principal shall maintain his Proposal in full force far thirty 1301
<br />days after the opening of the proposals for this project, or, if the Principals Proposal is accepted, the Principal shall, within the
<br />prescribed time, execute the required Agreement. furnish the required Performance Bond, Labor and Material Pa~ment Bond, Insurance
<br />Policy, and Certificates of Insurance, then his obligation shall be null end void, otherwise it shall remain in ful force and effect, and
<br />subject to forfeiture upon demand as Liquidated Damages.
<br />+~ IN WITNESS WHEREOF sdd Pdnelpd and Surety hsve executed this Bond, this 18 dsy of Jtme
<br />A..^.',`1996 .
<br />-i-
<br />-_~ _ ICorporets Seall THE PRINCIPAL
<br />~= - RAMSTETTER EXCAVATING, INC.
<br />!~ ~~-= 1120 SECREST STREET GOLDEN, CO 80401
<br />~~ ATTEST:
<br />~rrn ~.../'~..'~ ,
<br />secretary
<br />SIGNATURES: If the "Principal' is doing business as a corporation, the Bid Band shall be signed by an officer, i.e., President or
<br />Vice-President. The signature of the officer signing shall be attested to by the Secretary and properly sealed.
<br />It the"Principal' is an individual or a partnership, the Bid Bond shall so indicate end be properly signed.
<br />(Corporate Seal) THE SURETY
<br />RELIANCE NAT ONAL INDEMNITY COM_PAHY
<br />By / ~ Attorney-in-Fact ;' •^ ~• ~~ -=
<br />TERRENCE E. DREILING =_ ~' _` ',~ : T.= c
<br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED _ = = ' : ,~ _ _c
<br />State Form SC-6. 14 % 1r ~~ - v~ ~-''~
<br />Issued 9/1 /65 IRev. 7/1 /891 % ~ % ~~`~...~-+r^~' `.~ `
<br />FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTEI? ;, ~.r.r-'' ,,.~
<br />POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON- '••--..~~^'
<br />RESPONSIVE.
<br />395-061-01-6146
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