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Bond % E381643 <br />GREATMERicAx <br />INSURANCE GROUP <br />KNOW ALL MEN BY THESE PRESENTS, that we, Gates Automotive <br />636 W McKinley Ave, Mishawaka, IN 46545 <br />as principal, and the GREAT AMERICAN INSURANCE COMPANY, a corporation existing under the laws <br />of the State of Ohio, having its Administrative Office at 301 E. Fourth Street, Cincinnati, Ohio 45202, as surety, <br />are held and firmly bound unto city of South Bend <br />1045 W Sample St, South Bend, IN 46619 <br />as obligee, in the penal sum of Ten percent of total bid amount <br />Dollars $ to--. , lawful money of the United States of America, for the payment of which, <br />well and truly to be made, we bind ourselves, our heirs, executors, administrator, successors and assigns, Jointly <br />and severally, firmly by these presents. <br />SIGNED, sealed and dated this 4th day of April 2019 <br />WHEREAS, the said principal Gates Automotive Group <br />herewith submitting a proposal for Spec c - Two or more or less 2019 or newer full size cargo <br />vans <br />NOW, THEREFORE, the condition of this obligation is such that, if the said principal shall be awarded the <br />said contract, and shall within 30 days after receiving notice of such award <br />enter into a contract and give bond for the faithful performance of the contract, then this obligation shall be null <br />and void otherwise the principal and surety will pay unto the obligee the difference in money between the <br />amount of the principal's bid and the amount for which the obligee may legally contract with another party to <br />perform the work, if the latter amount be in excess of the former; but in no event shall the liability hereunder <br />exceed the penal sum hereof. <br />Gates Auto otive Group <br />GREAT AMERICAN INSURANCE COMPANY <br />A <br />Gwen �zw��a;�^�bc�ll , ' ` ,.. Attorney -in -Fact <br />F.9116 (3/11) <br />