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<br /> Bond # 990796
<br /> PROJECT: Cap a Coal bank with topsoil & construct PROJECT NO.
<br /> a drainage channel at Somerset, Colorado
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> WHEREAS,
<br /> Colorado West Leasing, 241 31 3/10 Rd. , Grand Junction, Colorado 81503
<br /> hereinafter called the "PRINCIPAL", is zubmiting a PROPOSAL for the above described project, to the STATE OF COLORADO,
<br /> hereinafter called the "OBLIGEE".
<br /> WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with
<br /> the 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 obligations as hereinafter specified,
<br /> and, in pursuance of which Requirement, this Bid Bond is made, exec-ed and delivered.
<br /> 5% of Bid submitted, not to exceed , 500. 00
<br /> NOW, THEREFORE, the Principal and
<br /> Amwest Surety Company, P.O. Box 4500, Woodland Hill, CA 91365-4500
<br /> a corporation of the State of Nebraska duly authorized to transact business in Colorado, as
<br /> Surety, are 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
<br /> the United States for the payment of which sum, well and truly to be made to the Obligee, we bind ourselves, our heirs, executors, ad-
<br /> ministrators, 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
<br /> for thirty (30) days after the opening of the proposals for the proiect, or, if the Principal's Proposal is accepted. the Principal shall,
<br /> within the prescribed time, execute +he required Agreement, furnish the required Performance Bond, Labor and Material Payment
<br /> Bond, Insurance Policy, and Certificates of Insurance, then this obligation shall be null and void, otherwise it shall remain in full force
<br /> and effect, and subject to forfeiture upon demand as Liquidated Damages.
<br /> �pp
<br /> IN WITNESS WHEREOF said Principal and Surety have executed this Bond, this 15th day ofseptembeD
<br /> 19 99.
<br /> (Corporate Seal) THE PRINCIPAL
<br /> Colorado West Leasing
<br /> 241 31 3 10—R''.
<br /> Grand Junction, Colorado 81503
<br /> ATTEST: Address
<br /> By
<br /> Secretary
<br /> SIGNATURES: If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.e.. President or Vice-
<br /> President. The signature of the officer signing shall be attested to by the Secretary and properly sealed.
<br /> a " Allf`ne>,'Principal" is an individual or a partnership, the Bid Bond shall so indicate and be properly signed.
<br /> PO,'`a`jo Seal) THE SURETY
<br /> Amwest Surety Insurance Company
<br /> By
<br /> Edwin E. Stoat me m-Fact
<br /> TWSAPIVD-MUS�ESE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED
<br /> State Form SC-6.14
<br /> Issued 9/1/65 (Rev. 7/1/70)
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