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<br />AlA Document A312
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<br />e
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<br />Payment
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<br />Bond
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<br />Bond. No.
<br />61BCSAK1591
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<br />Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where
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<br />CONTRACTOR (Name and Address):
<br />R. Hassell Builders, Inc.
<br />P.O. Box 690767
<br />Houston, Texas 77269-0767
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<br />SURETY (Name and Principal Place of Business):
<br />Hartford Fire Insurance Company
<br />P.O. Box 4611
<br />Houston, Texas 77210-4611
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<br />OWNER (Name and Address):
<br />City of La Porte
<br />P.O. Box 1115
<br />La Porte, Texas 77572-1115
<br />CONSTRUCTION CONTRACT
<br />Date: April 20 2000
<br />Amount: Two Million Five Hundred Ninety One Thousand Nine Hundred and no/1 00--($2,591 ,900.00)
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<br />Description (Name and Location): La Porte Community Library, 600 S. Broadway, La Porte, Texas 77571
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<br />BOND
<br />Date( Not earlier than Construction Contract Date): April 20 2000
<br />Amount: Two Million Five Hundred Ninety One Thousand Nine Hundred and no/1 00--($2,591,900.00)
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<br />Modifications to this Bond:
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<br />"t')NTRACTOR AS PRINCIPAL
<br />mpany: R. Hassell Builders, Inc. (Corporate Seal)
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<br />~_(Y~.
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<br />Name and Title: -r;jt::. lAu"e,el/o Vice ~,eu-r
<br />(Any additional signatures appear on page 2.)
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<br />(FOR INFORMATION ONLY - Name, Address and
<br />Telephone) AGENT or BROKER: (281) 540-1555
<br />Elsev & Associates Surety/Insurance
<br />8820 Will Clayton Pkwy., Humble, TX 77338
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<br />1 The Contractor and the Surety, jointly and sevemlly, bind themselves,
<br />their heirs, executors, administrators, successors and assigns to the Owner
<br />to pay for labor, materials and equipment furnished for use in the
<br />perfonnance of the Construction Contract, which is incorporated herein by
<br />reference.
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<br />2 With respect to the Owner. this obligation shall be null and void if the
<br />Contractor:
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<br />2.1 Promptly makes payment, directly or indirectly, for all sums due
<br />Claimants, and
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<br />2.2 Defends, indemnifies and holds hannless the Owner from claims,
<br />demands, liens or suits by any person or entity whose claim, demand,
<br />lien or suit is for the payment for labor, materials or equipment
<br />furnished for use in the perfonnance of the Construction Contract,
<br />provided the Owner has promptly notified the Contractor and the
<br />Surety (at the address described in Paragraph 12) of any claims,
<br />demands, liens or suits and tendered defense of such claims, demands,
<br />liens or suits to the Contractor and the Surety, and provided there is
<br />no Owner Default.
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<br />SURETY 5026 16-921
<br />5-1853/GEEF 6/96
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<br />Page 1 of 2
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<br />~ None
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<br />SURETY
<br />Company: Hartford Fire Insurance
<br />pany
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<br />D See Page 2
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<br />(Corporate Seal)
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<br />OWNER'S REPRESENTATIVE (Architect, Engineer or other
<br />party): Hall/Barnum Architect!';, Inc.
<br />2727 Weslayan .~
<br />Houston, Texas 77027
<br />3 With respect to Claimants, this obligation shall be null and void if
<br />the Contractor promptly makes payment, directly or indirectly, for all
<br />sums due.
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<br />4 The Surety shall have no obligation to Claimants under this Bond
<br />Wltil:
<br />4.1 Claimants who are employed by or have a direct contract
<br />with the Contractor have given notice to the Surety (at the
<br />address described in Paragraph 12) and sent a copy, or notice
<br />thereof, to the Owner. stating that a claim is being made under
<br />this Bond and, with substantial accuracy, the amowlt of the
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<br />4.2 Claimants who do not have a direct contract with the
<br />Contractor:
<br />.1 Have furnished written notice to the Contractor and sent a
<br />copy. or notice thereof, to the Owner, within 90 days after
<br />having last perfonned labor or last furnished materials or
<br />equipment included in the claim stating, with substantial
<br />accuracy, the amount of the claim and the name of the party
<br />to whom the materials were funtished or supplied or for
<br />whom the labor was done or perfontled; and
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