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OTM <br />-2010 -AIA Document AM <br />CONTRACTOR: <br />Green Demolition Contractors, Inc. <br />1427 W Dickens Ave <br />Chicago, IL 60614 <br />OWNER: <br />(jVcvne, legal stams a) 0 atldress, <br />City of South Bond Indiana <br />Board of Public Works <br />227 W Jefferson Blvd <br />Soothe. Bond, IN 46601 <br />RMV 1-17,41 LH41 11 ki <br />SURETY. <br />(Mime, leg(ilst(ttiivtread pi,i)icil)tilpl(it,-,e <br />qfbitshiess) <br />Developers Surety and Indemnity Company <br />PO Box 1972!5 <br />Irvine, CA 92623 <br />5% not to exceed Eight Thousand Dollars <br />PROJECT: <br />(Alame, location o)- a(hh-ess, and M-qieo numbel., <br />Wreck and Removal - Project 117-121- 2017 Demolitions Phase 2 - Division B, 9 Properties. <br />This document has important legal <br />C0rISeqL1enCeS. Consultation with <br />an attorney is encouraged with <br />respect to its completion or <br />modification. <br />Any singular reference to <br />Contractor, Surety, Owner or <br />other party shalt be considered <br />plural where applicable. <br />`I'lie C°ontractor and Surety are bound to the ONvner in the amount set lbrth above, for tile Payment of which tile <br />Contractor- and Surety bind thleniSCIVICS, their IlCill MCLI101-S, administrators, Successor's and assigns, Jointly and <br />severally, as provided herein, The conditions ofthis Bond are such that if the Owner accepts the bid oflile Conti actor' <br />within the time specified in the bid (10CLInnerits, or' within such finie period as ina), be agreed to by the Owner aria <br />Contracior, and the Colilractor either ( I ) oiters into to conlracl with (lie Owner in accordance Nvith (lie tef-IIIS tat` such <br />bid, and gives such bond w bonds, as may be specified in the bidding or C01111'aCt DOCUITICIIN, with asurety admitted <br />in theJurisdictioll cif the Project and otherwise acceptable to the Owlier, t'or the faithful pert'61,111"i lice cif such Contract <br />and I , bi- tile prompt paynicill of labor and millerial Furnished in the prosecution thcTcof'1- or (2) pays to tile Owner the <br />difTbrenec, not to exceed the amount 01"thiS Bond, between the aniotint spccified in said bid and such Jargeraniouni <br />1b], which the Owner may in good I'ailh contract with another party to pul'orin the work covewd by said bid, their this <br />obligation shall be 111.111 and void, otherwise to remain in full 16-ce, and effect- 'I'lle Surely hereby waives any noliccof <br />an agreement belween (lie Owner and Contractor to extend the tirile ill which the Owner may accept tile bid. Waivel, cal' <br />notice by the Surety shall not apply to ally extension exceeding sixty (60) (lays in the aggregate beyond the time l'or <br />acceptance of bids specified ill the bid (10CUITICTItS, and tile O\VnCr and Contractor shall obtain the Surety's consent for <br />an extension beyond sixty (60) days, <br />If this Bond is issued in connection with a subconti-actor's bid to a Clonn-actor, the term Contractor in this Bond shall <br />be deemed to be Subconvacitor and the term Owner shall be deemed to be Contrac(or, <br />When this Bond has been furnished to C011111fly With as SlatUtOry Of other legal 1,equirelilcrit in the. location cif the Project, <br />ject, <br />any provision in (his, Bond contlicting with said statirtoll or legal requirement shall be decreed deleted herefi-on) and <br />provisions conforming to such statutory 01' other [eg"It requilrenjent,shall be deemed incorporated liercin. When so <br />Furnished, tile inleni, is that this Bond shall be C01101110d and not as a common law bond. <br />and scaled this 7th day of' Dqdember, 2017 <br />ti q I lqn'OnAractor�,460. <br />A Green Pe /I, <br />(Seal) <br />PC 1 MA <br />h �ar' r�y' <br />Developers Sur and Indemnity Company <br />-1-1111111- . . ........ ....... . <br />A <br />Davril ParrilliAftorney-In-Fact <br />ipfr,Mll4 pair You sl-iniuld slon all nuullgtlroarli MA Docurnaird, on vvhlil"'11"k twJ s nri R11RE), IjIn clflglnal vvf�'sw o"s that, <br />I Ipeffl not, and Iibsaumdo <br />AIA Document A-tA3101" - 20M Copyright Q 1963, 1970 and 2010 byThe American Institute of Architects. All rights reserved. VjArfll TlflMA" <br />Init. Ejl) U MICI-11 t Is P: 11,04ocind 1Pnyp Laropoind Vnl,urrlalll'NIIM roplol"lucflon c'pr dllsfiibu6c,n of Hfls MA' of <br />Anly poirtkkn of It" rruay re�suH ore smveA"rk"fl c11W crb'rM'u11l pairmlfies, and wNI be Iriro r oc Ili incl tin 01V vollMrnurn uIllellwirs"N." r"Avo. <br />Purchasers are permitted to reproduce ten (110) copies of this document when completed. To report copyright violation Is of AIA Contract Documents, ll <br />The American institute of Architects' legal counsel, copytigtit@aia.org. o61110 <br />