_GENERAL DOCUMENTS - C1981048 (2)

Home Browse Search

of Colo Bond No. U 2782134 * STATE OF COLORADO 1876 Labor and Material Payment Bond PROJECT NO PICA-9-440 KNOW ALL MEN BY THESE PRESENTS: That the Contractor Purgatoire Valley Construction, Inc. as Principal and hereinafter called "Principal," and United Pacific Insurance Company as Surety and hereinafter called "Surety," a corporation organized and existing under the laws of Pennsylvania , are held and firmly bound unto the STATE OF COLORADO iicting 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 Thirty Seven Thousand Forty Four and 44/100-------------------- Dollars ($ 37, 044 . 44 ) 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 Jul y 21 1999 for the construction of a PROJECT described as Trinidad Basin Mine Project which Contract is hereby by reference made a part hereof;