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CO
<br /> Bond # 1094597
<br /> J 8 T a �GCL �O+Ld
<br /> PROJECT: �-0-455
<br /> Fruita Mine/American Shield Bond Forfeiture PROJECT NO.
<br /> KNOW ALL MEN BY THESE PRESENTS.
<br /> WHEREAS, Dave's Enterprises, Inc.
<br /> hereinafter called the"PRINCIPAL". Is submitting a 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 as a condition of receiving the Proposals that the Principal submit with the
<br /> PROPOSAL a PROPOSAL GUARANTY,n an amount not less than five per cent(5%)of the Proposal•which sum it is spectftcaily agreed is to
<br /> be forfeited—uiyvtdated Damages to the event that the Prtnctpof defaults to his obligation as hereinafter specified, and, in pursuance of
<br /> which Requirement, this Bid Bond is made, executes ono delivered.
<br /> 5x OF TOTAL AMOUNT BID NOT TO EXCEED ONE THOUSAND FIVE HUNDRED ($1,500.00)
<br /> NOW, THEREFORE, the Pr.nc,pof ono
<br /> Amwest Surety Insurance 'Company
<br /> a corporation of the State of Nebraska duly authorized to transact business to Cciorodo,as
<br /> Surety, ore held and firmly bound unto the Obligee. to 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, -ell and truly to be made to the Obligee, we bind ourselves, our heirs, executors,
<br /> administrators, successors and assigns, jointly and severally, f irrnly 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 &hail, 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 this obligation shall be null and void, otherwise it shall remain in full force and effect, and
<br /> subject to lorleoure upon demono as L•qurdotea Damages.
<br /> RK 20IN 00 WITNESS WHEREOF said Principal and Surety have executed this Bond, this 24. day of February A.D..
<br /> (Corporate Scot) THE PRINCIPAL
<br /> D)ve's Enterprises, Inc.
<br /> 49 2nd. Str., Montezuma, CO 80435
<br /> ATTEST. \` 1 JAddress
<br /> W� By—Llr(AA� cam!A�/ln�l
<br /> Secretary
<br /> SIGNATURES It the 'P—C.001" ,s oo,„g aus4ncss as a Corporation, the Bid Bona shall be signed by an officer. , e.. %res,dent or
<br /> Vice-Preswent The s.gncwre of the ctf,cer signing shaft be ottesfed to by the Secretary and properly secirc.
<br /> If the"Principal'*.s an,nd—cival or a partnership, the Bid Bond shall so indicate and be properly signed.
<br /> (Corporate Scotl THE SURETY
<br /> _ Amwest Surety Insurance Company
<br /> By
<br /> Af
<br /> `4 Attorney-in-ioct
<br /> Rebecca L. Braun .
<br /> TH S�BOND MUST BE ACCOMPANIED BY FOWER OF ATTORNEY, EFFECTIVELY DATED
<br /> 5tst, t crin 5G t
<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 NC-*4-
<br /> RESPONSIVE.
<br />
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