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HomeMy WebLinkAboutContract Execution FormSection 6- Contract Execution Form THIS Contract -L0(contract number) made this iW ay of V^t in the year 2009 by and between THE CITY OF MIAMI, FLORIDA, hereinafter called the "CITY," and (name of Contractor) American Earth Movers, Inc. IN WITNESS WHEREOF, the parties have executed. this Agreement as of the day and year first above written. ATTEST: CONTRACTOR Secretary (Affirm CONTRACTOR Seal, if available) ATTEST: Thorhpson, City CI APPROVED AS/TO INSURANCE REQUIREMENTS: (J i LeAnn Brehm, Director Risk Management Department r R)(AME) AMERICAN ' EARTH MOVERS, INC. Geo tz6a M lj�jK)t h it Name, .Title - Authori . icer or Official City State ro G. Hem (Corporate Seal) i, a municipal corporation of the .E., City Manager APPROVED AS TO LEGAL FORM AND CORRECTNESS: Julio O. Bru, City Attorney 103 Ademar And Davis Canals Maintenance Dredging Bid No.: 08-09-019 CORPORATE RESOLUTION WHEREAS, (ea ­`k Inc. desires to enter into a contract with the City of Miami for the purpose of performing the work described in the contract to which this resolution is attached; and WHEREAS, the Board of Directors at a duly held corporate meeting has considered the matter in accordance with the By -Laws of the corporation; Now, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS that theR,Q/Y� (type title of officer) is hereby authorized (type name of officer) and instructed to enter into a contract, in the name and on behalf of this corporation, With the City of Miami upon the terms contained in the proposed contract to which this resolution is attached and to execute the corresponding performance bond. � t DATED this, p day of H�%� 20� . Secretary (Corporate Seal) 1 104 .^ FORM OF PERFORMANCE BOND (Page 1 of 2) Bond No. 80052717 American Earth Movers, Inc. BY THIS BOND, We 821 NE 79th St., Mi ani , FL 33138a5 Principal, The Guarantee Company�of North America USA hereinafter called Contractor, and 25800 Northwestern Hwy. , Ste. 720, SouthfW,, bAtfi ,'W& bound to the City of Miami, Florida, as Obligee, hereinafter called City, in the amount of Nine Hundred Forty Eight Thousand Four Hundred Forty Four Dollars and 00/100 Dollars ($ 948,444,D0 for the payment'whereof Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally. WHEREAS, Contractor has by written agreement entered into a Contract, Bid/Contract No: 08-09-019, awarded the 24th day of March , 20 09' , with City which Contract Documents are by reference incorporated herein and made a part hereof, and specifically include provision for liquidated damages, and other damages identified, and for the purposes of this Bond are hereafter referred to as the "Contract'; THE CONDITION OF THIS BOND is that if Contractor: 1. Performs the Contract between Contractor and City for construction of Ademar and Davis Canals Maintenance and Dredging " the Contract being made a part of this Bond by reference, at the times and in the manner prescribed in the Contract; and 2. Pays City all losses, liquidated damages, expenses, costs and attorney's fees including appellate proceedings, that City sustains as a result of default by Contractor under the Contract; and 3.Performs the guarantee of all Work and materials furnished under the Contract for the time specified in the Contract; then THIS BOND IS VOID, OTHERWISE IT REMAINS IN FULL FORCE AND EFFECT, 4. Whenever Contractor shall be, -and declared by City to be, in default under the Contract,. City having performed City obligations hereunder, the Surety may promptly remedy the default, or shall promptly: 4.1. Complete the Project in accordance with the terms and conditions of the Contract Documents; or 105 FORM OF PERFORMANCE BOND (Page 2 of 2) 4.2. Obtain a bid or bids for completing the Project in accordance with the terms and conditions of the Contract Documents, and upon determination by Surety of the lowest responsible Bidder, or, if City elects, upon determination by City and Surety jointly of the lowest responsible Bidder, arrange for a contract between such Bidder and City, and make available as Work progresses (even though there should be a default or a succession of defaults under the Contract or Contracts of completion arranged under this paragraph) sufficient funds to pay the cost of completion less the balance of the Contract Price; but not exceeding, including other costs and damages for which the Surety may be liable hereunder, the amount set forth in the first paragraph hereof. The term "balance of the Contract Price," as used in this paragraph, shall mean the total amount payable by City to Contractor under the Contract and any amendments thereto, less the amount properly paid by City to Contractor. No right of action shall accrue on this bond to or for the use of any person or corporation other than City named herein. The Surety hereby waives notice of and agrees that any changes in or under the Contract Documents and compliance or noncompliance with any formalities connected with the Contract or the changs �does not affect Surety's obligation under this Bond. Signed and sealed this T day of _ Com- C� '120 . (CORPORATE SEAL) IN THE PRESENCE OF: As Per Attached Power of Attorney 106 K Ea �e Name of Corporation) By: kul (Si nature) (Print Name and Title) INSURANCE COMPANY'. The Guarantee Company o erica USA By: Agent an At -in-Fact Jason at , o ney in Fact Address:25800 Northwestern Hwy. , Ste. 720 (Street) Southfield, M! 48075 (City/State/Zip Code) Telephone No.: 248-281-0281