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To: Valdes Lawn Care and Snow Removal, LLC <br />Date: December 27th, 2023 <br />Re: Bid Bond Request for: City Of Elk River <br />Letting Date December 28th, 2023 <br />Pate Bonding, Inc. has issued the bid bond(s) for the above -mentioned project(s). <br />Please be advised that if you are awarded the contract and are required to provide <br />performance and payment bonds, the Surety will require the following terms: <br />Full File Updates for Final Bond <br />Prior to the bid letting, please be sure to contact your agent or our office at 651- <br />457-6842 with any questions about these terms or if you should need copies of <br />the Collateral Guidelines, the Surety's sample ILOC form or an Escrow Overview. <br />