|
~tate OY ~OLOi"aL!-O BondNo.TPI-1896167
<br />Ovid aond
<br />PROJECT: MINE CLOSURES
<br />PROJECT N0. PKA- 6 - 3 74
<br />5% Ot the 8rT1000t bld OOt t0 BXCeed ONE THOUSAND SEVEN HUNDRED FIFTY AND 00/100
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />WHEREAS, KESSLER'S RECLAMATION
<br />440 RAILROAD ROCKVALE,81244
<br />hereinafter called the "PRINCIPAL",is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO,
<br />hereinafter called the "OBLIGEE". DIVISION OF NINSRALS b GEOLO('Y
<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 />TIG PREMIER INSURANCE COMPANY
<br />70 W. MICHIGAN AVE ADMINISTRATIVE OFFICE
<br />BATTLE CREEK, MI 49016
<br />a corporation of the State of CA ,duly authorized to transact business in Colorado, as 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 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 for thirty 1301
<br />days aher 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 Payment 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 />IN WITNESS WHEREOF said Principal end Surety have executed this Bond, this 1B day of June
<br />A.D., 1996,
<br />(Corporate Saell THE PRINCIPAL
<br />KESSLER'S RECLAMATION
<br />440 RAILROAD ROCKVALE, CO 81244
<br />ATTEST:
<br />ecretary
<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) THE SURE_yJ~ - ~ ~ ~ ' . ~`
<br />TIG PRLrMIER INSURANCE/O0t1~P~~- ~~Y~"~''-!~
<br />4
<br />RY -.
<br />_ ~ •. "
<br />O - C ~ -
<br />KI RLY D. JOHNSO ~~ =-'c.-,- ,:~ f= ~..
<br />THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED ~ !-~'~.,,,,,rr ~~~
<br />State Form SC-6. 14 ~ ~ r = `- ' :~,,`
<br />Issued 917/65 (RSV. 711/89) - --
<br />FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED
<br />POWER OF ATTORNEY WILL RESULT IN THE BIDDERS PROPOSAL BEING DEEMED NON-
<br />RESPONSIVE.
<br />395-061-Ot-6146
<br />
|