Agenda - 03-19-1985 - Laserfiche WebLink

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, . . . 3 - . . • ,,. . PAYMENT BOND . • • Date of Execution: March 20, 1985 . Name of Principal: Durham Construction Company, Inc. i (Contractor) . . P. 0. Box 15028, Durham, N.C. 27704 - Name of Surety: Pennsylvania National mutual Casualty Insurance Company Harrisburg, Pennsylvania .; Name of Contractin Body North punty of Orange, Nor Carolina • g A 1 Orange County Courthouse • 106 East Margaret Lane, Hillsborough, N.C. 27278 II .. .?' Amount of Bond: Two hundred forty seven thousand, seven hundred and no/100---- =/Dollars) ($241,700.00) r i Project: Renovations: Orange County Historic Courthouse • Hillsborough, N. C. il i .,s KNOW ALL MEN BY THESE PRESENTS, That we, the PRINCIPAL and SURETY above named, are held and firmly bound unto the above named contracting Body, * hereinafter called the Contracting Body, in the penal sum of the amount f stated above for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, and successors, •1. . jointly and severally, firmly by these presents. 3, THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas the principal A, entered into a certain contract with the Contracting Body identified as shown above and hereto attached: -,.. NOW THEREFORE,' if the principal shall promptly make payment to all per- sons supplying labor and material in the prosecution of the work provid- ed for in. said contract, and any and all duly authorized modifications of said contract that nay hereafter be made, notice of which modifica- Itions to the surety being hereby waived, then this obligation to be void; ..; otherwise to remain in full force and virtue. IN WITNESS WHEREOF, the above-bounden parties have executed this instru- ICI:Iri;oligcti7s="rofs:::V!o:le :t:np=yd:telnign;ilientt:da=::1 :Irlul, name presents duly signed by its undersigned representative, pursuant to authority of its governing body. A . i . , 1 • 4 , • .., . . . • ..,