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1V!12 191
<br />11HM"MM'AA
<br />IA
<br />CONTRACTOR:
<br />Green Demolition Contractors, Inc.
<br />1427 W Dickens Ave
<br />Chicago, IL 60614
<br />)UM
<br />(Alwne, legal stairs cind atkkess)
<br />City of South Bend Indiana
<br />Board of Public Works
<br />227 W Jefferson Blvd
<br />South Send, IN 46601
<br />SURETY-
<br />(AI,ame, legyal suilux a) id pi,incilml p1we
<br />ql'business)
<br />Developers Surety and Indemnity Company
<br />PO IBox 19725
<br />irvina, CA 92623
<br />5% not to exceed Nine Thousand Dollars
<br />PROJECT:
<br />(M-ane, location o), ew*h-ess, and M-qjeel nwnbel% if crrat�)
<br />Wreck and Removal - Project 117-121- 2017 Dernolitions, Phase 2 - Division A, 12 Properties,
<br />This docurnent has important legal
<br />consequences. Consultation with
<br />an attorney is encouraged with
<br />respect to its completion or
<br />modification.
<br />Any singular refeience to
<br />Contractor, Surety, Owner or
<br />other party shall be considered
<br />Plural where applicable,
<br />'file Contractor and Surety are bound to the OWIlet' ill theallIOUnt set fibrill above, fior the payment of which the
<br />(".ontractor and Surely bind themselves, tkil'1161-S, CXCCLIAMS, ldnliniStf`at0I'S, successors and assigns, ointly and
<br />severally, as provided herein, 'I'lie conditions of this Bond are such that ifthe Owncr accepts file bid of the Conftactoi-
<br />within tile line: specified in (lie bid doCUDICIltS, M \Vithill SUCh HIM period as may be agreed to 1)), the Ownei,and
<br />Contractor, and the Contractor either ('I) enters into it contract With the OMM' in IICCOI-dallCe With the l[CH1111S, Of'SLICII
<br />bi(L and gives such bond or bonds as may be specified in the bidding cats Contract Documents, with a surety admilled
<br />in tho jurisdiction of tile llrqiect and otherwise acceptable to tile ()\\fner, R)I' the J'aill'ifill I)CIII(M-InalICC 01"SLICh ('0111raCt
<br />and liar the prompt payment oaf Labor raid material furnished ill the prosecialion thereof, or (2) pays to the Owner the
<br />difference, not to exceed the aniolint of this Bond, between the allIOUnt specified in said bid and such larger alflOUnt
<br />1,6r which the Owne'r natty ill good f1lith Contract with another party to perk)rrn the work covered by said bid, then this
<br />obligation shall be null and void, otherwise to rollain ill fall 1'01'CO and stied, 'HIC SLII'ely hereby waives any notice of
<br />all agreement between the Owner and Contractor to extend (lie tirric ill which the Owner may accept the bid. Waiver -of
<br />notice by the Surety shall not apply to any extension exceeding; sixty (60) days in the aggregate beyond the little Ibl'
<br />acceptance cal' bids specified it,) the bid doctiments, and the Owner and Contractor shall obtain the Suirety's consent fior
<br />,Ili extension beyond sixty (60) days,
<br />Ifthis Bond is issued in Connection vvilh a Subcontractor's bid to a Contractor, the term Conlractor in this Bond shall
<br />be decined to be Subcontractor and the term Omier- shall be deemed to be Contractor.
<br />When this Bond has been furnished to comply with a statutory or rather legal requirement In the location of the ProJecil,
<br />any provision in this Bond conflicting with said statutory or legal rCtlUireilleot shall be deemed deleted herefironi nand
<br />provisions corillorming to such slatutol-y (a- other legal requirement shall be deemed incorporated herein. When so
<br />Furnished, the intent is that this Bond shall be construed as a statutmy bond and not as, a corninion law bond.
<br />SigllQ)l all(] smiled this 7th day of December, 2017
<br />MlqKael I
<br />DevelopersSurety
<br />r - 7711 —T(M7�
<br />�. .- 1 11 -- -; -1-1 �,- — -- .. . .... ... --- — — - - -- - --. —
<br />David"Parri i - Attorney -In -Fact
<br />GALJTIC'111,111"Y()U sa(,jri an ari�,,Ihna� AUN Gontf,,,mt Guirneral ruuu whkh flih,, tinxt,,appoars kw Fell, An osst,irwn tl"�vd
<br />Own gos will nMa No o[Pscvred,
<br />AIA Document A310111 — 2010. Copyright 0 1963„ 1970 and 2010 by The American Institute of Architects. All rights reserved. WARNJOVAWhds MA'
<br />hait. DovurfnoeiO: stir C'npyikul i—aw an inle wuafiarlM Nc,""Ri'm 11,11naRM''Ou wpirodiuckRprn �,Pr &�,,,,h OmOin of tids MA" [ ,
<br />11100u4`01010, ca
<br />any of 0, u"ay rasiW rn ""evere, 60H mmi.b c6m4nai oidl Ibe prow evrusted kf(he auto flnnurns coAtird pcs�ifliflir,, undel, flhq, hwv
<br />Purchasers are pernnitted to reproduce ten ('to) copies of this document when connpl!elocl. To report copyright violations of AIA Contract Docuinentu, 6-mail
<br />The American Inshlute of Architects" legal counsel, copyrighfi@aia,org, 061110
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