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AIA Docuraenl A312 - Electronic ~bbrmat <br />Performance Bond Bond No. 5936403 <br /> <br />CONTRACTOR (Name and Address): SL!RETY (Name and Principal Place of Buslness): <br />Tri-S35te_Stripinq, Inc~ Ohio Farmers Insurance Company( <br />305 11 th Street West. West Farao. ND 58078 P.O. Box 5001 <br />OWNER (Name and Address): Westfield Center. OH 442-51-5001 <br />Cass County. ND <br />1201 West Main. West Far(~o. ND 58078 <br /> <br />CONSTRUCTION CONTRACT Dale: August 27. 2002 <br /> Amount: Ninety-One thousand eiaht hundred eiohty eight and 85/1~.~--_($91,888.85/ <br /> Description (Nmne and Location): Proiect CH0205. Pavement markino, various locations i0 ¢_a. sg County, ND <br /> <br />BOND <br /> Date (Not earlier than Construction Contract Dale): August 27. 2002_ <br /> Amount:Ninetv-One thousand eiaht hundred eiah~ eiqht and 85/100's--($91,888,SB) <br /> Modifications to this Bond: [~ None <br /> <br />CONTRACTOR AS PRINCIPAL SURETY <br />Company: ) Company: <br /> <br />[] See Last Page <br /> <br />page) <br /> <br />Rebecca J. <br /> <br /> V ONLY - Name, Address and Telep]Jone) <br />AGENT or BROKER: Daw$on Insurance Aqenc¥, Inc. OWNER'S REPRESENTATIVE (Architect, Engineer or other par[y): <br />P O Box 19~8, Farqo, ND 58107 (701)237-3311 <br /> <br />1 The Contractor and the Surety, joinlly and severally, <br />bind themselves, their heirs, executors, administrators, <br />successors and assigns to the Owner for Ihe performance oftbe <br />Constmdion Contract, which is ~ncorporated herein by <br /> <br />2 If the Contractor performs the Construction Contract, <br />the Surety ~md the Contractor shall have no obligation under <br />this Bond, except to parlicipate in conferences as provided in <br />Subparagraph <br /> <br />3 If there is no Owner Default, the Surety's obligation <br />under tiffs Bond shall arise after: <br /> <br /> 3.1 The Owner has notified the Contractor and the <br /> Surety at its address described h~ Paragraph m below that <br /> <br />the Owner is considering declaring a Contractor Default <br />and has requested and attempted lo arrange a conference <br />with the Contractor and the Surety to be held not tater <br />than fifteen days after receipl of such notice to discuss <br />methods of performing the Construction Contract. If the <br />Owner, the Contractor and the Surety agree, the <br />Contractor shall be allowed a reasonable lime to perform <br />the Construction Contract, but such an agreement shall <br />not waive the Owner's right, if any, subscquendy to declare <br />a Contractor Delkuh; and <br /> <br /> The Owner has declared a Conlractor De fault and <br />formally terminated the Contractor's right to complete the <br />contract. Such Contractor Defanlt shall not be declared <br />earlier than twenty days aRer the Contractor and the <br /> <br />© 1984 THE AMERICAN INSTITUT£ OF ARCHITECTS, 1735 NEW YORK AVENUE, N.W., WASHINGTON, D.C, 20005-5292 AIA DOCUMENT A312 ' <br /> <br /> <br />