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THE AMERICAN INSTITUTE OF ARCHITECTS Bond # <br /> 929233439 <br /> AIA Document A311 <br /> Performance Bond <br /> KNOW ALL MEN BY THESE PRESENTS, that <br /> OWENS ROOFING, INC. <br /> 301 WEST CABARRUS STREET, RALEIGH, NC 27601 <br /> as Principal, hereinafter called Contractor, and <br /> American Casualty Company of Reading, PA <br /> CNA Plaza, 13 S Chicago,IL 60685 <br /> as Surety, hereinafter called Surety, are held and firmly bound unto <br /> ORANGE COUNTY DEPARTMENT OF PUBLIC WORKS <br /> 600 NC HIGHWAY 86 NORTH HILLSBOROUGH, NC 27278 <br /> as Obligee, hereinafter called Owner, in the amount of <br /> ONE HUNDRED FORTY ONE THOUSAND THREE HUNDRED NINETY EIGHT & 00/100 DOLLARS <br /> ($141,398.00) <br /> for the payment whereof Contractor and Surety bind themselves, their heirs,executors, administrators, <br /> successors and assigns,jointly and severally, firmly by these presents. <br /> WHEREAS, <br /> Contractor has by written agreement dated JULY 8, 2002 , entered into a contract with Owner for <br /> REMEDIAL ROOFING-ORANGE COUNTY- 4 BUILDINGS <br /> HILLSBOROUGH, NC <br /> in accordance with Drawings and Specifications prepared by <br /> CTL ENGINEERING, INC. <br /> 4122 BENNETT MEMORIAL ROAD, SUITE 301 DURHAM, NC 27705 <br /> which contract is by reference made a part hereof, and is hereinafter referred to as the Contract. <br /> AIA DOCUMENT A311-PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND -AIA <br /> FEBRUARY 1970 ED.-THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y.AVE.,N.W.,WASHINGTON, D.C. 20006 1 <br />