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CITY OF SANTA ANA <br />PROPOSAL <br />PROJECT NO.: 17-6882 <br />LOCAL STREET SLURRY SEAL 2016-17 <br />BID BOND <br />KNOW ALL PRESENT that, <br />Pavement Coatings Company as BIDDER; and <br />ThP Chin Casualty.tnauranca C`Dngwyas SURETY, <br />are held and firmly bound unto the CITY OF SANTA ANA, as AGENCY, in the penal sun of _ <br />Ten Percent of Amount aid —Dollars ($10% of Amount aid ),which is ten percent (10%) <br />of the total amount bid by BIDDER to AGENCY for the above -stated project, for the payment of <br />which sum, KIDDER and SURETY agree to be bound, jointly and severally, firmly by these <br />presents. <br />THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas BIDDER is about to <br />submit a bid to AGENCY for the above -stated project, if said bid is rejected, or if said bid is <br />accepted and a contract is awarded and entered into by BIDDER in the manner and time <br />specified, then this obligation shall be null and void, otherwise it 'shall remain in full force and <br />effect in favor of AGENCY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />19 day of_ May 12017, <br />BIDDER* <br />Pavement Coatings�any 10240 San Sevaine Way, Jurupa Valley, CA 91752 951-682-1091 <br />SURETY'" <br />The Ohio laity Insur'nce Company 625 Maple Avenue, Keene NH 03431 800-763-9268 <br />BB; i 1800 East Lambert Rd., Suite 225, Brea, CA 92821 714-257-9644 <br />Richard L. Wells (Att2 ey-In- act) <br />Subscriber{ and sworn to before me this day of <br />20._,. <br />Signature: <br />Notary Public in and for the County of <br />, State of <br />* Provide BIDDER/ SURETY name, address, and telephone number and the name, title, <br />address, and telephone number of authorized representative. <br />P-7 of P-16 <br />