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Cass County Highway Department <br /> Contract Bond <br /> Project Nos. CH1301 &CH1401 <br /> KNOW ALL MEN BY THESE PRESENTS,that we Minn-Dak Asphalt, Inc.423 West Zen Street,Thief River Falls, <br /> MN 56701 <br /> as principal, and <br /> NAME AND ADDRESS OF SURETY <br /> as surety, are held and firmly bound unto Cass County, North Dakota, as owner in the penal sum of Six Million. <br /> Seven Hundred Fifty-Six Thousand, Eight Hundred Nineteen and 25/100($6_756,819.25)for the use of the owner <br /> and also for the use of any person having any lawful claim against the principal or any subcontractor on account of <br /> labor or supplies or materials as set forth in the conditions hereof; for the payment of which well and truly to be <br /> made we jointly and severally bind ourselves, and each of our heirs, executors, administrators, and successors, <br /> firmly by these presents. <br /> WHEREAS, said principal has entered into a written contract with the owner for: <br /> CH1301 &CH1401 Bituminous Overlay,Surfacing, Grading and Incidentals on various Cass County Highways ,in <br /> Cass County,North Dakota,which contract and incorporated plans and specifications are by this reference made a <br /> part hereof, and are hereinafter referred to as the contract. <br /> NOW,THEREFORE,THE CONDITION OF THIS OBLIGATION IS THAT if the principal shall: (1) perform all the <br /> terms,covenants and conditions of said contract;(2)protect the owner against any loss or damage from any cause <br /> arising out of said contract;(3)pay or cause to be paid all bills and claims against the principal or any subcontractor <br /> on account of labor or services performed and all materials, equipment or supplies furnished,whether directly or <br /> indirectly arising out of the performance of said contract; (4) pay all insurance premiums and all items for which <br /> payment under the terms of the contract is to be made or guaranteed by the principal;(5)have made or will make, <br /> . prior to the commencement of any work by the principal or any subcontractor under such contract, full and true <br /> report to the Worker's Compensation Bureau of the payroll expenditures for the employees to be engaged in such <br /> work,and that the principal has paid,or will pay,the premium thereon prior to the commencement of such work;(6) <br /> pay or cause to be paid all contributions due to the Unemployment Compensation Division;and(7)pay or cause to <br /> be paid any and all taxes that may be assessed or levied or to be a charge against such contractor or any <br /> subcontractor under such contract by the state or any of its subdivisions;then this obligation shall be null and void; <br /> otherwise it will remain in full force and effect. <br /> And the said surety hereby stipulates and agrees that any change,extension,alteration,deduction or addition,with <br /> or without notice to the surety,in or to the terms of said contract or the plans or the specifications accompanying the <br /> same as provided for therein, shall not in anywise affect the obligation and liability of said surety on this bond. <br /> 1 of 3 <br />