Orange County NC Website
Browse       Search
THE AMERICAN INSTITUTEOF ARCHITECTS Bond # <br />CONTINENTAL <br />AlA Document A311 <br />Labor and Material Payment Bond <br />THIS BOND IS ISSUED SIMULTANEOUSLY WITH PERFORMANCEBOND IN FAVOROF THE <br />OWNER CONDITIONED ON.THE FULL AND FAITHFUL PERFORMANCEOF THE CONTRACT <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 Principal, and <br />Continental Casualty Company <br />CNA PLAZA Chicago, Illinois 60685 <br />as Surety, hereinafter called Surety, are held and firmly bound unto <br />ORANGE COUNTY <br />HIGHWAY 86 NORTH HILLSBOROUGH NC 27278 <br />as Obligee, hereinafter called Owner, for the use and benefit of claimants as hereinbelow defined, <br />in the amount of <br />ONE HUNDRED THIRTY ONE THOUSAND EIGHT HUNDRED SEVENTY & 00/100 DOLLARS <br />($131,870.00) <br />for the .payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, <br />successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, <br />Frincipal has by written agreement dated NOVEMBER 1, 1999 , entered into a contract with Owner <br />for <br />REMEDIAL ROOFING SELECTED AREAS WEST FRANKLIN COMPLEX <br />in accordance with Drawings and Specifications prepared by <br />CTL ENGINEERING INC <br />E. CLUB BLVD DURHAM NC 27704 <br />whicYr contract is by reference made a part hereof, and is hereinafter referred to as the Contract. <br />AIA DOCUMENTA311 - PERFORMANCEBOND AND LABOR AND MATERIALPAYMENTBOND •AIA® <br />FEBRUARY1970 ED. • THE AMERICAN INSTITUTEOF ARCHITECTS,1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 3 <br />