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.�, . . ,.�.�:,,�,. . , . <br /> ERHIBIT 5 <br /> LABOR AND MATERIAL PAYMENT BOND <br /> RNOW P;LL MEN BY THESE PRESENTS: <br /> That , as Principal, and <br /> a corporation of the State of , <br /> as Surety, are held and firmly bound unto Decatur Metropolitan <br /> Exposition, Auditorium and Office Buiiding Authority, a unit of <br /> local government, Decatur, Illinois, as Obligee, for the use and <br /> benefit of claimants as hereinafter defined in the amount of <br /> Dollars ($ ) , <br /> for the payment whereof Principal and Surety bind themselves, their <br /> heirs, executors, administrators, successors and assigns, jointly ', <br /> and severally, firmly by these presents . ', <br /> "� WHEREAS, Principal has by written Contract dated , I'' <br /> 1998, entered into a Contract with co-obligee to furnish all iabor, <br /> materials, equipment and services required for HVAC BAS Replacement <br /> in the main facility of the obligee located at One Gary R. Anderson <br /> Piaza, Decatur, Illinois, in accordance with Contract documents <br /> w ' ch Contract is b <br /> hi reference made a art hereof and is <br /> Y P , <br /> hereinafter referred to as "the Contract" ) . <br /> NOW THEREFORE, THE CONDITION OF TxIS OBLIGATION is such that <br /> if Principal shall promptly pay for all laborers, worlQnen and <br /> mechanics engaged in the work under the Contract, and not less than <br /> the general prevailing rate of hou=ly wages for work of a similar <br /> LABOR AND MATSRIAL <br /> EBHIBIT 5 PAYMENT BOND - 1 <br />