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r <br /> APR-06-2000 10:06 SPRCCRMONTI EXCAVATING 719 544 6688 P.05i07 <br /> NOW V <br /> tkraa �'dd i�beud <br /> PROJECT: Road Relocation, reclamation of erosional feature <br /> PROJECT N4.PKA O-457 <br /> KNOW ALL MEN BY THESE PRESFNTS: <br /> WHEREAS. <br /> ST)accamonti Excavating, Inc. , <br /> haroinofter tolled the "PRINCIPAL", is submiting o PROPOSAL for the above described project, to the STATE OF COLORADO. <br /> hereinoftcr tailed the -OBLIGEE'. <br /> WHEREAS, the Advertisement fee Bids has required as a condition of reeeivieg the Proposals that the Principal submit With <br /> the PROPOSAL a PROPOSAL GUARANTY in an amount not less then five per cent 15%) of the Proposal, ..hich sum it is specifically <br /> -greed is to be forfeited as Liquidated Damages in the event that the Principe[ defaults in his obligations as hereinafter specified. <br /> and,in pursuonce of.Isieh Requirement,this Bid bond is made,executed and delivered. <br /> NOW,THEREFORE, the Principal and <br /> American Casualty Company of Reading, Pennsv1vania <br /> a corporation of the Stole of Pennsylvania _ duty 40hod:ed to transact business in Colorado, as <br /> Surety.ore hold and firmly bound into the Obligee,in the turn of five per cent (i%) of the Prineipai's total bid price,lawful money of <br /> the United States for tf a payment pf which sum,well and truly to be made to the Obligee. we bind ourselves, our heirs, eseeutors, ad- <br /> ministrators, wCeswes and assigns, jointly and severally,firmly by these presents. <br /> FURTHER THAT. a condition of this obligation is such that the Principal Stoll maintain his Proposal in full force and effect <br /> for thirty (30) days after the opening of the proposals for the proied, or, if the Principal's Proposal is accepted.the Principal shall. <br /> within the prese6bad 1uee. execute the required Agreement, fumish the required Performance Bond. Labor and Material Payment <br /> Bond, Insurance Policy, and Certifeates of insurance. then this-abligation shall be null and void,otherwise it shall remain yv full force <br /> and effect, and subject to forfeiture upon demand as Liquidated Damages, 7 <br /> IN WITNESS WHEREOF said Principal and Surety have executed this Bond,this 11th day ofAnri1 —.A.D., <br /> -*2000 <br /> .QaoO <br /> (Corporota Seal) THE PRINCIPAL <br /> Spaccamonti Excavating, Inc. , <br /> 1805 Ashen Circle Pueblo, CO 81006 <br /> A = dress <br /> G/`� By ` 4p7rotf <br /> o Spa camor�tcie+cry . Madeline S ac anti - President <br /> SIGNATURES: IF the'Principal" is do,ng business os a Cotporatron, the Bid Bond shall 6e signed by an officer, i.e.. President cir <br /> Vice—President. The signature of the officer signing shall be attested to by the Secretary and properly sealed, <br /> *' ' if the-Principal'is an indmduaf or a partnership,the Bid Bond shall so indicate and be properly signed. <br /> HE SURETY American Casualtv C�manv <br /> �pereie See!) T R . <br /> = of Reading, P vlvania <br /> ^ �� f!y f A ney.i et <br /> _ Thomas Ratzlaf <br /> ��i�ltr�;THIS•BONl1',!IeUS`f BE ACCOMPANIED BY POWER Or-ATTORNEY.EFFECTIVELY DATED <br /> Flf`'f;•si�fe Fcnn'SC,ti-ta <br /> lri7i'Y:wJ'd`,!1/65 ia'v.7/1/701 <br />