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<br />* * ~tate o~ C,olOrado
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<br />Bond No. C- 3 919 91
<br />G,~ O~oru~
<br />PROJECT: OHIO CREEK #2
<br />5% of the amount bid
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />PROJECT NO. PKA-6-374
<br />WHEREAS, J.R. WALTON COMPANY
<br />P.O. BOX 716 INDIAN HILLS,80454
<br />hereinafter called the 'PRINCIPAL~,is submitting a PROPOSAL for the shove described project, to the STATE OF COLORADO,
<br />hereinafter 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 tha
<br />PROPOSAL a PROPOSAL GUARANTY in en 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 es hereinafter specified, and, in
<br />pursuance of which Requirement, this Bid Bond is made, executed and delivered.
<br />NOW, THEREFORE, [he Principal and
<br />CAPITOL INDEMNITY CORPORATION
<br />P.O. BOX 5900
<br />MADISON, WI 53705-0900
<br />a corporation of the State of WI ,duly authorized to transact business in Colorado, es Surety, are
<br />held and firmly bound unto the igee, in a sum o rve 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 heirs, executors,
<br />administrators, successors end assigns, jointly end 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 for thirty 130)
<br />days aher the opening of the proposals for this project, or, if the Principals Proposal is accepted, the Pnncipal shall, within the
<br />prescribed time, execute the required Agreemem. furnish the required Performance Bond, Labor and Material Pa ment Bond, Insurance
<br />Policy, and Certificates of Insurance, then his obligation shall be null and void, otherwise it shall remain in full force and effect and
<br />subject to forfeiture upon demand as Liquidated Damages.
<br />lN' WITNESS WHEREOF said Pdncipal end Surety have executed this Bond, this 18 day of June
<br />A: D.. 195 , •~
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<br />THE PRINCIPAL
<br />J.R. WALTON COMPANY
<br />P.O. BOX 716 INDIAN HILLS, CO 80454
<br />` r~.~ ~ ~ HUUIC6i
<br />ATTEST: ~r ~~:
<br />.. ~ BY
<br />$e et y
<br />SIGNATURES: If the 'Principal' is doing business as a corporation, the Bid Bond 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 />If the'Principal' is an individual or a partnership, the Bid Bond shall so indicate and be properly signed.
<br />(Corporate Seal)
<br />THE
<br />CAPIT L I EMN 1'1'Y CUHYUMA'1'lUN.^'_._-^~~. '..
<br />Attorney-in-Fact = N - -,~
<br />TERRENCE E. DREILING - ~ ' ""~
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<br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED , -: - ;~- : __
<br />.' ° ~ • ry'
<br />State Form SC-6. 14 ~~ '~ ^ V ~` ~~
<br />Issued 9/1!65 IRav. 7/1/891 ~^---!"• _~•
<br />FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED ,,'"f; F-; -' ~~~`~
<br />POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON- - -?~'~
<br />RESPONSIVE.
<br />395-061-01.6146
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