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STATE OF COLORADO <br /> Labor and Material Payment Bond <br /> BOND NO. S194849 <br /> PROJECT NO.PKA-5-356 <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> That the ContractorBOGUE CONSTRUCTION, INC. <br /> P. O. BOX 618 <br /> BASALT, CO 81521 <br /> as Principal and hereinafter called "Principal," <br /> and EMPLOYERS MUTUAL CASUALTY COMPANY <br /> P . O. BOX 441098 <br /> AURORA, CO 80044 <br /> as Surety and hereinafter called "Surety," a corporation organized and existing under the laws of I OWA <br /> , are held and firmly bound unto the STATE OF COLORADO acting by and through <br /> DEPARTMENT OF NATURAL RESOURCES, DIVISION OF MINERALS AND GEOLOGY <br /> 1313 SHERMAN STREET, ROOM 215, DENVER, CO 80203 <br /> hereinafter called "Principal Representative," and to all subcontractors and any others who have supplied or furnished or shall <br /> supply or furnish materials, rental machinery, tools, or equipment actually used in the performance of the hereinafter identified <br /> Contract, or who have performed or shall perform labor in the performance of or in connection with said Contract, hereinafter called <br /> "Obligees" in the sum of ONE HUNDRED E I GHTY THOUSAND THREE HUNDRED E I GHTEEN DOLLARS & 50/ 100 <br /> Dollars <br /> ($ 180,318. 50 ) together with interest at the rate of eight per cent (8%) per annum on all payments <br /> becoming due in accordance with said Contract, from the time such payments shall become due until such payment shall be made, <br /> for the payment of which, well and truly made to the Obligees, the Principal and the Surety bind themselves, their heirs, <br /> executors, administrators, successors and assigns, jointly and severally, firmly, by these presents. <br /> WHEREAS, the Principal and the State of Colorado acting by and through the Principal Representative have entered into a certain <br /> Contract, hereinafter called "Contract," dated JULY 7 19 95 , for the construction of <br /> a PROJECT described as <br /> COAL BASIN/SUTEY PILE <br /> which Contract is hereby by reference made a part hereof; <br /> 395-61-01-2210 <br /> DC-3215-85 <br /> SG-2595/EP 11/93 Page 1 of 2 <br />