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HomeMy WebLinkAbout0932 ~ TNE AMERiCAN INSTITUTE OF ARCHITECTS i , - . ^ . ~ BOND N0. 5754168 AlA Document A371 ' Labor and Material Payment Bond TMIS BO!~D I~ +SStlED SIMUITA~EOI,'S:Y WITH PERInRs11~CE R~'~D I? (~~'C~R OF THE tl (i~~'n~ER. CO~Dlii:)VED ON THi FU!~ AND fAl1HiL': PfRfUR~11~CE O~ THE C.ON1£.~CT I'~ _ ~j Kf~O~ti' ALL (~,1EN BY THESE PCE~ENTS: that RODGERS CONSTRUCTIOP~, I~JC., 9549 Koger ~ tEtrc ~ntt~i tull cam~ ird ~r:drr~ti or leg~' ~ r.c c.e C~rv:c!~,i Soulevar-d, Suite 106, St. Petersburg, Florida 33702 as Princ~pa!, hereinafter called Principal, and, NA i IONAL FI RE I NSURANCE COMPAP~Y OF HARTFORD, (HCre insert lull name an re s rr Icgat ~~t~e o~ Sw~ •y, c/o ALEXANDER & ALEXANDER, P. 0. Box 23141, Nashville; Tennessee 0~ as Surety, hereinafter cailed Surety, are held and firmiy 6ound unto THE PRIt~CE$S DEVELOPFtENT (N~re ~nurf f.,V name and addreu or let,~l n:le nf t~..ncr; CORPORATION, 9650 South AIA, Jensen Beach, Florida 33457 ' as Obl~gee, he~e~nafter called Owner, for the uce and benefit c>t cla~mants as hereinbelo«- dei~ned, ~n the ; amount of TEN t4ILLI0~V, SEVEN HUNDRED NINETY-SIX ~ ~ . ~T~p~~~~,~~,.~iN~:<<'~Q~~~oQ~n,ir of ~tir ~o~<<~~~ cr~«i - - - - - Dollars tS10,796,000.00****~, i ` for the payment whereof Principal and Surety bind themsel~es, their heirs, executors, adm~n,strators, ~ successors ar~d assigns, jointly and severally, firm(y by these presenis. ~ ~ ~•VHEREAS, RODGERS CONSTRUCTION, INC. ~ t ~ 1 ~ Pr~ncip~l has b~• ~vr:tten agreemen; dated February ; 7, 1~$3 , entered mto a contract ~vith C)~.~-ner fc~r I tHe.e :r.se~t f~71 n~mt, address ~nd descnpt on o( pro;ecq ~ ~ E The Princess, a 20 story, 190 unit ;,ondominium located on Hutchinson Island, Florida ~ i in accordance ~~ith Dra~ving; a~d Specificat~ans prepared b;' S ~ebbi ns dnd SC~tt, 2101 'Hr~t ~~+c': lu:t r.ime and a~d•~+t o ~r . i ~unrise E31vd., St. Pierce, Florida 33450 ~ ~ ",h~ch cont~act ~s by relerenc~ made a p~~t hereof, and is t;ereinaf:er referret! to as ti~e :=;,~+iract ~ ? ~ AIA OOCUM[~vT A311 • PEi'iC~R~t+~c E PC)ND A`:~~ 1•.vt)v ~.~0 titlifR.~A: P~,YS~t1T B(?vD • A'~ t•, ~ ifYRl, :KY19'0 ED • iHE A~!iRIC~~ ~~Sill~'Tf U~ t~( tt':TECi` 1%+i'~ Y. A'.~,': `.b 1VnShi':GiON, D C:irJ!1f, 3 ~ ~ E ~ . r ~ s Y ~ ~ ~ d ' I' S ~ 8~ 446 P~~E 93~ ~ ~ - . ~ ~ ,~-x- - ~ _ -