_GENERAL DOCUMENTS - C1981017 (290)

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STATE OF COLORADO Labor and Material Payment Bond BOND NO. S194849 PROJECT NO.PKA-5-356 KNOW ALL MEN BY THESE PRESENTS: That the Contractor BOGUE CONSTRUCT ION, I NC. P . O. BOX 618 BASALT, CO 81621 as Principal and hereinafter called "Principal," and EMPLOYERS MUTUAL CASUALTY COMPANY P . O. BOX 441098 AURORA, CO 80044 as Surety and hereinafter called "Surety," a corporation organized and existing under the laws of I OWA , are held and firmly bound unto the STATE OF COLORADO acting by and througl DEPARTMENT OF NATURAL RESOURCES, DIVISION OF MINERALS AND GEOLOGY 1313 SHERMAN STREET, ROOM 215, DENVER, CO 80203 hereinafter called "Principal Representative," and to all subcontractors and any others who have supplied or furnished or shal supply or furnish materials, rental machinery, tools, or equipment actually used in the performance of the hereinafter identifies Contract, or who have performed or shall perform labor in the performance of or in connection with said Contract, hereinafter caller "Obligees" in the sum of ONE HUNDRED E I GHTY THOUSAND THREE HUNDRED E I GHTEEN DOLLARS & 501 100 Dollar: ($ 180,318.60 ) together with interest at the rate of eight per cent (8%) per annum on all payment, becoming due in accordance with said Contract, from the time such payments shall become due until such payment shall be made for the payment of which, well and truly made to the Obligees, the Principal and the Surety bind themselves, their heirs executors, administrators, successors and assigns, jointly and severally, firmly, by these presents. WHEREAS, the Principal and the State of Colorado acting by and through the Principal Representative have entered into a certaii Contract, hereinafter called "Contract," dated JULY 7 19 95 , for the construction o a PROJECT described as COAL BASIN/SUTEY PILE which Contract is hereby by reference made a part hereof; 395-61-01-2210 DC-3215-85 SG-2595/EP 11193 Page 1 of 2