Laserfiche WebLink
1 <br /> IMpois Department Local Public Agency <br /> 1 of Thaasp nation Proposal Bid Bond <br /> Local Public Agency Count Section Number <br /> ' City of Decatur 11macon 24-00408-00-FP <br /> WE, Dunn Company,A division of Tyrolt Inc. 724 North Mercer Decatur, IL 62522 as PRINCIPAL, and <br /> 1 United Fire&Casualty 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 /> 1 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 /> 1 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 /> 1 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 /> 1 IN TESTIMONY WHEREOF,the said PRINCIPAL and the said SURETY have caused this instrument to be signed by their <br /> respective officers this 7th of August 2024 <br /> Day Month an ear <br /> Principal <br /> 1 <br /> Company Name Company Name <br /> Dunn Company,A division of Tyrolt Inc. <br /> Si nature&Date Si nature& Date <br /> 1 By. By. <br /> �p��4(L—rZV412 0 2 4 <br /> Title I ie <br /> David W Tyrolt, 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.) <br /> Surety �, <br /> 1 Name of SuretySi nature f ttorne -in-Fact Signature&Date <br /> United Fire&Casualty Company By; /J <br /> 1 STATE OF IL 8/7/2024 <br /> COUNTY OF Macon <br /> I Catherine L.Ater a Notary Publi and for said county do hereby certify that <br /> 1 David W Tyrolt and James D Morg on <br /> (Insert names of individuals signing on behalf of PRINCIPAL&SURETY) <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 I 7th day of August 2024 <br /> Day Month and Year <br /> 1 Notary Public Signature&Date <br /> (SEAL, if required by the LPA) jjv /� � <br /> 1 8/7/2024 <br /> CATHERINE L ATER Date commission expires 05/07/2027 <br /> NOTARY PUBLIC,NOTARY SEAL <br /> TATE OF ILLINOIS,MACON COUNTY <br /> 1 COMMISSION#894369 <br /> MY C ISSION EXPIRES:MAY 07,2027 <br /> STl-- - <br /> ATE <br /> 07/02/24 Page 1 of 2 BLR 12230(Rev.01/19/23) <br /> 1 <br />