Renovation of a stadium in Mason City, Iowa. Completed plans call for the renovation of a 15,984-square-foot stadium.

The required surety bond shall be executed on AIA Document A312, two-part Performance Bond and Labor and Material Payment Bond, conditioned for the faithful performance of all the terms of the Contract and the payment of all obligations arising thereunder with the amount shown on each part equal to the Contract Sum. Surety shall be a company licensed to do business in the State of Iowa and shall be acceptable to North Iowa Event Center Directors. Payment for said "NORTH IOWA EVENT CENTER- HORSE STABE AND WARM-UP ARENA", will be made from the North Iowa Event Center Board of Directors Fund or from such other funds as may be legally used for such purposes. The Architect will approve monthly estimates and the Owner will make payment to the Contractor in the amount of ninety-five percent (95%) of said estimate on or about the last week of the following month. Final payment will be made not sooner than thirty (30) days following final acceptance of the work by the North Iowa Event Center Directors. Each proposal shall be sealed in an envelope marked North Iowa Event Center Board of Directors- "NORTH IOWA EVENT CENTER - HORSE STABLE AND WARM-UP ARENA ". Each bid must be accompanied in a separate envelope by a bidding check, bid bond or a certified share draft in an amount not less than five percent (5%) of the bid price, said check being either a cashier's check, a check certified by a bank in Iowa or a bank chartered under the laws of the United States or a certified share draft on a credit union in Iowa or chartered under the laws of the United States, and made payable to the North Iowa Event Center Directors, as security that the bidder will furnish the required bonds and enter into a contract and furnish bonds within seven (7) days after the award of the contract to him. The North Iowa Event Center Board of Directors reserves the right to reject any and all bids and to waive technicalities and irregularities.