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Bond No.: 1001188330-15 <br /> � �1 IllDepartment Local Public Agency <br /> 4 of Trainois nsportation Proposal Bid Bond <br /> Local Public Agency County Section Number <br /> 1 City of Decatur Macon 19-00934-00-BR <br /> WE,C-Hill Civil Contractors, Inc as PRINCIPAL,and <br /> American Contractors Indemnity Company as SURETY,are held jointly, <br /> severally and firmly bound unto the above Local Public Agency(hereafter referred to as"LPA")in the penal sum of 5%of the total bid <br /> price,or for the amount specified In the proposal documents In effect on the date of Invitation for bids,whichever Is the lesser sum. We <br /> bind ourselves,our heirs, executors,administrators, successors, and assigns,jointly pay to the LPA this sum under the conditions of this <br /> Instrument. <br /> WHEREAS THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH that, the said PRINCIPAL is submitting a written <br /> proposal to the LPA acting through its awarding authority for the construction of the work designated as the above section. <br /> THEREFORE if the proposal is accepted and a contract awarded to the PRINCIPAL by the LPA for the above designated section <br /> and the PRINCIPAL shall within fifteen(15)days after award enter into a formal contract, furnish surety guaranteeing the faithful <br /> performance of the work, and furnish evidence of the required insurance coverage,all as provided In the"Standard Specifications for Road <br /> and Bridge Construction"and applicable Supplemental Specifications, then this obligation shall become void;otherwise it shall remain In <br /> full force and effect. <br /> IN THE EVENT the LPA determines the PRINCIPAL has failed to enter into a formal contract in compliance with any <br /> requirements set forth in the preceding paragraph,then the LPA acting through Its awarding authority shall immediately be entitled to <br /> recover the full penal sum set out above, together with all court costs,all attorney fees, and any other expense of recovery. <br /> IN TESTIMONY WHEREOF,the said PRINCIPAL and the said SURETY have caused this instrument to be signed by their <br /> respective officers this 12di of January 2024 <br /> Day Month and Year <br /> Principal <br /> Company Name Company Name <br /> IC-Hill Civil Contractors, Inc <br /> Signature &Date SI nature&Date <br /> By, By: <br /> e le <br /> Matthew Rodewald, Vice President <br /> (If Principal is a joint venture of two or more contractors, the company names, and authorized signatures of each contractor must be <br /> affixed,) Surety <br /> Name of Surety Signature of-At{orne -1 act Si nature&Date <br /> American Contractors Indemnity Company By; <br /> I <br /> STATE OF MN - J <br /> COUNTY OF HENNEPIN Jerety Craw rd, tiorney-In-Fact <br /> I Natalie Marie Hildebrandt a Notary Public in and for said county do hereby cer.Jfy that <br /> Jeremy Crawford, Attorney-In-Fact <br /> (insert names of Individuals sl gn ng on 5e a of PRINCIPAL&5 RET <br /> who are each personally known to me to be the same persons whose names are subscribed to the foregoing Instrument on behalf of <br /> PRINCIPAL and SURETY,appeared before me this day in person and acknowledged respectively, that they signed and delivered said <br /> instruments as their free and voluntary act for the uses and purposes therein set forth. <br /> Given under my hand and notarial seal this 12th day of January 20x24 ear <br /> ' Day month <br /> Notar Publi Si n tura&Date <br /> (SEAL, if required by the LPA) Ot I I---12-d Z`+ <br /> Date commission expires 01/31/28 <br /> NATALIE MARIE HILDEBRANDT <br /> ., Notary Public-Minnesota <br /> ` My Commission Expires Jan.31.2028 <br /> *5%of total amount of bid not to exceed: Severity Two Thousand and 00/100 Dollars($72,000.00) <br /> ' Completed 01/11124 Page 1 of 2 BLR 12230(Rev,01/19123) <br />