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E£f CC DC <br /> '' M`N" A'lTEr PAYMENT BOND <br /> CONTRACTOR(name and address): SURETY(name and address of principal place of business): <br /> Municipal Builders, Inc. <br /> 17125 Roanoke St.NW <br /> Andover,MN 55304 <br /> OWNER frame and address): <br /> Elk River Municipal Utilities <br /> 3069 Orono Parkway,P.O.Box 430 <br /> Elk River,MN 55330 <br /> CONSTRUCTION CONTRACT <br /> Effective Date of the Agreement'.February 9,2016 <br /> Amount:$1,450,753.00 <br /> Description(name and location): Water Treatment Plant No.7 Expansion <br /> BOND <br /> Bond Number: <br /> Date Mat earlier than the Effective Date of the Agreement of the Construction Contract): <br /> Amount: <br /> Modifications to this Bond Form: [l None ❑ See Paragraph 18 <br /> Surety and Contractor,intending to be legally bound hereby,subject to the terms set forth below,do each cause <br /> this Payment Bond to be duly executed by an authorized officer,agent,or representative. <br /> CONTRACTOR AS PRINCIPAL SURETY <br /> (seal) (seal) <br /> Contractor's Name and Corporate Seal Surety's Name and Corporate Seal <br /> By: By: <br /> Signature Signature(attach power of attorney) <br /> Print Name Print Name <br /> Title Title <br /> Attest: Attest: <br /> Signature Signature <br /> Title Title <br /> Notes: (1)Provide supplemental execution by any additional parties,such as joint venturers.(2)Any singular reference <br /> to Contractor,Surety,Owner,or other party shall be considered plural where applicable. <br /> EJCDCI C-615,Payment Gond <br /> Copyright rig 2013 National Society of Professional Engineers,American Council of Engineering Companies, <br /> and American Society of Civil Engineers,All rigtns reserved. 1 of 3 <br /> 121 <br />