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pF CO <br /> TPI- 1896167 <br /> 1846 061a <br /> PROJECT: RECLAIMING MINE SITE PROJECT NO. MVC—MINES-348 <br /> 5% of the amount bid not to exceed FOUR THOUSAND TWO HUNDRED FIFTY AND 00/100---------- <br /> KNOW ALL MEN BY THESE PRESENTS: ($4,250.00) <br /> WHEREAS, KESSLER'S RECLAMATION <br /> 440 RAILROAD <br /> ROCKVALE, COLORADO 81244 <br /> hereinafter called the"PRINCIPAL", is submitting o PROPOSAL for the above described project, to the STATE OF COLORADO, hereinafter <br /> called the"OBLIGEE"_ DIVISION OF MINERALS AND GEOLOGY <br /> WHEREAS, the Advertisement for Bids has required es a condition of receiving the Proposals !hot the Princiael submit v:ith the <br /> PROPOSAL a PROPOSAL GUARANTY in on amount not less than five per cent(5%)of the Proposal,which sum it is specifically agreed is to <br /> be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance of <br /> which Requirement,this Bid Bond is mode, executed and delivered. <br /> NOW,THEREFORE, the Principal and <br /> TIC PREMIER INSURANCE COMPANY <br /> P.O. BOX 1998 <br /> BATTLE CREEK, MICHIGAN 49016 <br /> a corporation of the State of California duly authorized to transact business in Colorado,as <br /> Surety, ore held and firmly bound unto the Obligee, in the sum of five per cent(5%)of the Principal's total bid price, lawful money of the <br /> United 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 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 and effect for thirty <br /> (30) days offer the opening of the proposals for the project, or, if the Principal's 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, '-suronce <br /> Policy, and Certificates of Insurance, then this obligation shall be null and void, otherwise it shall remain in full force and effect, and <br /> subject to forfeiture upon demand os Liquidated Damages. <br /> 1995 IN WITNESS WHEREOF said Principal and Surety have executed this Bond,this 3rd day of APRIL A.D., <br /> (Corporate Seal) THE PRINCIPAL <br /> KESSLER'S RECLAMATION <br /> ATTEST: Address <br /> By_eU J ,,Q n-A�e4 <br /> Secretary <br /> SIGNATURES: If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by on officer, i.e President or <br /> Vice-President. The signature of the officer signing shall be ottested 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 Sea[) THE SURETY <br /> TIG P DER CE C <br /> A orn -in-fact <br /> KIMBERLY D. JOHNSON <br /> THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED <br /> State Form SC-6. 14 <br /> Issued 9/1/65(Rev.7/1/89) / <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 /> i <br />