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PREMIIIM: NIL <br />SondNo. 0284226 <br />GZE?T ANE[t1G?lV iN511[?r?tCE C3?MPI??NY <br />-KNOW ALL MEN BY THESE PRESENTS, that we, Peterson-Chase General Engineering <br />Construction, Inc. <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 58Q Walnut Street, Cincinnati, Ohio Q5202, as <br />surety, are held and firmly bound unto, City of Santa Ana Public works <br />as obligee, in the penal sum of ten percent of amount bid <br />DOLLARS (S 1 O °s ), IawfuI money of the United States of America, for the payment of which, <br />well and tnily to bo made, we bind ourselves, our heirs, executors, administrators, successors and assigns, <br />jointly and severally, firmly by these presents. <br />SIGNED, sealed, and dated this 23rd day of June 20 10 <br />WHEREAS, the said principal is herewith submitting 'g proposal for <br />SR-55 Macartlzur Blvd. Ramps Widening <br />#072503 <br />NOW, THEREFORE, the condition. of this obligation is such that, if the said principal shall be <br />awarded the said contract, and shall within sixty ( 60 )days after receiving notice of <br />such award enter into a contract and give bond for the faithful performance of the contract, then this <br />obligation snail be null and void otherwise the principal and surety will pay unto the obligee the difference <br />in money between the amount of the principal's bid and the amount for which the obligee may legally <br />contract with another party to perform the work, if the latter amount be in excess of the former; but in no <br />Peterson-Chase General Engineering <br />event shall the liability hereunder exceed the penal sum hereof. Construction, Inc . ? ? <br />Pr(ncival - <br />gy v - <br />Charles L lalce,.4Otnr?+ey-in-f%ac? <br />F.9116K-13/s>2) 1610 FORM) - _. ....s.._??-,?a....?...?+?-.r........-: -..-........,......_ ..