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BONDING COMPANY: DO NOT MAKE ANY CHANGES TO <br /> OF ��Lo THE LANGUAGE IN THIS BOND. <br /> O <br /> *y � * STATE OF COL <br /> N`M��� � O RA D O <br /> � 1876 <br /> Bond No. K07063222 <br /> Labor and Material Payment Bond <br /> Project No: PKA-5-545 <br /> KNOW ALL PERSONS BY THESE PRESENTS: <br /> That the Contractor <br /> Bitterroot Restoration, Inc. <br /> 445 Quast Lane Corvallis, MT 59828 <br /> as Principal and hereinafter called "Principal," <br /> and <br /> Westchester Fire Insurance Company <br /> 1601 Chestnut Street Philadelphia, PA 19101 <br /> as Surety and hereinafter called "Surety," a corporation organized and existing under the laws of <br /> NY are held and firmly bound unto the STATE OF COLORADO acting by and <br /> through State of Colorado Division of Minerals and Geolo <br /> (agency or institution <br /> hereinafter called "Principal Representative," and to all subcontractors and any others who have supplied <br /> or furnished or shall supply or furnish materials, rental machinery, tools, or equipment actually used in the <br /> performance of the hereinafter identified Contract, or who have performed or shall perform labor in the <br /> performance of or in connection with said Contract, hereinafter called "Obligees" in the sum of <br /> Two Hundred Thirty Four Thousand Seven Hundred Thirty Four Dollars and 00/100 <br /> Dollars ($ 234,734.00 ) <br /> together with interest at the rate of eight per cent (8%) per annum on all payments becoming due in <br /> accordance with said Contract, from the time such payments shall become due until such payment shall <br /> be made, for the payment of which, well and truly made to the Obligees, the Principal and the Surety bind <br /> themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly, by <br /> these presents. <br /> WHEREAS, the Principal and the State of Colorado acting by and through the Principal Representative <br /> have entered into a certain Contract, hereinafter called "Contract," dated SeptPmhPr 10 2004 <br /> for the construction of a PROJECT described as <br /> Coal Basin Mine Slope Stabilization Project Bid Number PKA-5-545 <br /> which Contract is hereby by reference made a part hereof; <br /> 395-61-01-2210 <br /> DC-3215-85 (OVER) <br />