1993-11-10_GENERAL DOCUMENTS - C1984067

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��oF•C0�o N� �0 STATE OF COLORADO / * TPI-3788496 1876 * Labor and Material Payment Bond PROJECT NO RN—MINES 320 KNOW ALL MEN BY THESE PRESENTS: That the Contractor DIRT—N—IRON 1417 326 ROAD SILT, CO 81652 as Principal and hereinafter called"Principal," and'-_ TRANSAMERICA: PREMIER INSUR,"Cl COMPANY - 333 SOUTH ANITA DRIVE ORANGE;. CA. 92668 . as Surety and hereinafter called "Surety," a corporation organized and existing under the laws of CALIFORNIA are held and firmly bound unto the STATE OF COLORADO acting by and through hereinafter called"Principal Representative,"and to all subcontractors and any others who have supplied or fur- nished or shall supply or furnish materials,rental machinery,tools,or equipment actually used in the performance of the hereinafter identified Contract,or who have performed or shall perform labor in the performance of or in con- nection with said Contract, hereinafter called "Obligees" in the sum of ONE HUNDRED THIRTY FIVE THOUSAND SEVEN HUNDRED EIGHTY AND N0/100------------- Dollars ($ 135,780.00 ) together with interest at the rate of eight per cent(8%) per annum on all payments becoming due in accordance with said Contract,from the time such payments shall become due until such payment shall be made,for the pay- ment of which, well and truly made to the Obligees, the Principal and the Surety bind themselves, their heirs, executors,.administrators, successors and assigns, jointly and severally, firmly, by these presents. WHEREAS,the Principal and the State of Colorado acting by and through the Principal Representative have entered ,into a certain Contract, hereinafter called"Contract," dated OCTOBER 28TH, 19 93 for the construction of a PROJECT described as COAL GULCH BOND FORFEITURE PROJECT which Contract is hereby by reference made a part hereof; 395-61-01-2210 DC-321"S (Over)