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Exhibit 7 Payment BondExhibit 7 Payment Bond 00720 FORM OF PAYMENT BOND Bond No. 21 BCSE14684 BY THIS 60ND, We Envirowaste Services Group, Inc., as Principal, hereinafter called CONTRACTOR, and Hartford Fire Insurance Company as Surety, are bound to the CITY of Miami Beach, Florida, as Obligee, hereinafter called CITY, in the amount of an initial One Million Dollars ($1,000,000) for HORIZONTAL ROW Contracts 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.: 36-06107, awarded the day of , 20 ,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. Pays CITY all losses, liquidated damages, expenses, costs and attorneys fees including appellate proceedings, that CITY sustains because of default by CONTRACTOR under the Contract; and 2. Promptly makes payments to all claimants as defined by Florida Statute 255.05(1) for all labor, materials and supplies used directly or indirectly by CONTRACTOR in the performance of the Contract; THEN CONTRACTOR'S OBLIGATION SHALL BE VOID; OTHERWISE, IT SHALL REMAIN IN FULL FORCE AND EFFECT SUBJECT, HOWEVER, TO THE FOLLOWING CONDITIONS: 2.1. A claimant, except a laborer, who is not in privity with CONTRACTOR and who has not received payment for its labor, materials, or supplies shall, within forty-five (45) days after beginning to furnish labor, materials, or supplies for the prosecution of the work, furnish to CONTRACTOR a notice that he intends to look to the bond for protection. 2.2. A claimant who is not in privity with CONTRACTOR and who has not received payment for its labor, materials, or supplies shall, within ninety (90) days after performance of the labor or after complete delivery of the materials or supplies, deliver to CONTRACTOR and to the Surety, written notice of the performance of the labor or delivery of the materials or supplies and of the nonpayment. 2.3. No action for the labor, materials, or supplies may be instituted against CONTRACTOR or the Surety unless the notices stated under the preceding conditions (2.1) and (2.2) have been given. 2.4. Any action under this Bond must be instituted in accordance with the Notice and Time Limitations provisions prescribed in Section 255.05(2), Florida Statutes. 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 changes does not affect the Surety's obligation under this Bond. Signed and sealed this day of , 20 WITNESSES: (S2crPtary) (CORPORATE SEAL) Envirowaste Services Group, Inc. Name of Corporati n) By . (Sig at a and Title) ,~.~o~~~~~ f~• ~G'TriC ~i~~~ ~C.~/~~ (Type Name/Title Signed Above) INSURANCE COMPANY Hartf rd ire In r e Company By ".- A ent and Attorney-in-Fact Michael Bonet 400 International Parkway, Ste. 425 (Address: Street) Heathrow. FL 32746 (City/State/Zip) Telephone No.:800-824-1732 00721 CERTIFICATE AS TO CORPORATE PRINCIPAL I, C~eo~zr /3,n~ ~i~ certify that I am the Secretary of the corporation named as Principal in the foregoing Performance and Payment Bond (Performance Bond and Payment Bond); that %~, %~~ ~~~ ~ ~~~-, who signed the Bond(s) on behalf of the Principal, was then ~es~cfo~ ~of said corporation; that know his/her signature; and his/her signature thereto is genuine; and that said Bond(s) was (were) duly signed, sealed and attested to on behalf of said corporation by authority of its governing body. ~~ ~ ~~ ~`' Seal as Secreta of /~ // ( ) ~/ (Name of Corporation) (SEAL) STATE OF FLORIDA ) SS COUNTY OF MIAMI-DADE ) Before me, a Notary Public duly commissioned, qualified and acting personally, appeared Michael Bonet to me well known, who being by me first duly sworn upon oath says that he/she has been authorized to execute the foregoing Performance and Payment Bond (Performance Bond and Payment Bond) on behalf of CONTRACTOR named therein in favor of CITY. Subscribed and Sworn to before me thi~2"° days ctober,~2007 My commission expires: iry Public, State of da at Large October 10, 200~..~c¢.~,,,,,~~~ , ca~~C»~ Seai onded ~,;~'' '' CARhflEN E. PILLOT y Western Surety Company . f11/1~)~ Msotery Public, State of Florida My Comrr~. Expires October 10, 2007 No. DD 236838 Direct Inquiries/Claims to: BOND, Tel POWER OF ATTORNEY THE HARTFORD 690 ASYLUM AVENUE HARTFORD, CONNECTICUT 06115 call: 888-266-3488 or fax: 860-757-5835 KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Code: 21-220438 0 -Hartford Fire Insurance Company, a corporation duly organized under the laws of the State of Connecticut Hartford Casualty Insurance Company, a corporation duly organized under the laws of the State of Indiana Hartford ACCtdent and Indemnity Company, a corporation duly organized under the laws of the State of Connecticut Hartford Underwriters Insurance Company, a corporation duly organized under the laws of the State of Connecticut Twin City Fire Insurance Company, a corporation duly organized under the laws of the State of Indiana Hartford Insurance Company of Illinois, a corporation duly organized under the laws of the State of Illinois Hartford Insurance Company of the Midwest, a corporation duly organized under the laws of the State of Indiana O Hartford Insurance Company of the Southeast, a corporation duly organized under the laws of the State of Florida having their home office in Hartford, Connecticut, (hereinafter collectively referred to as the "Companies") do hereby make, constitute and appoint, up to the amount of unlimited: F. Berry Hayley, David Aaron French, Robert P. Hollander, Antonio Arias, Nancye Ellen Batista, Michael A. Bonet of Miami Lakes, FL their true and lawful Attorney(s)-in-Fact, each in their separate capacity if more than one is named above, to sign its name as surety(ies) only as delineated above by ®, and to execute, seal and acknowledge any and all bonds, undertakings, contracts and other written instruments in the nature thereof, on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. In Witness Whereof, and as authorized by a Resolution of the Board of Directors of the Companies on July 21, 2003 the Companies have caused these presents to be signed by its Assistant Vice President and its corporate seals to be hereto affixed, duly attested by its Assistant Secretary. Further, pursuant to Resolution of the Board of Directors of the Companies, the Companies hereby unambiguously affirm that they are and will be bound by any mechanically applied signatures applied to this Power of Attorney. r ` ~'.,~._ DT ~~ f`,~ X43 2979 /. `~-, /' ~~,a ~ . Paul A. Bergenholtz, Assistant Secretary STATE OF CONNECTICUT ss. Hartford COUNTY OF HARTFORD \. ~` C~~~~-tom{ ~ S C~r•.r. ~.~ ~ _~~~ David T. Akers. Assistant Vice President On this 4th day of August, 2004, before me personally came David T. Akers, to me known, who being by me duly sworn, did depose and say: that he resides in the County of Hampden, Commonwealth of Massachusetts; that he is the Assistant Vice President of the Companies, the corporations described in and which executed the above instrument; that he knows the seals of the said corporations; that the seals affixed to the said instrument are such corporate seals; that they were so affixed by authority of the Boards of Directors of said ,corporations and that he signed his name thereto by like authority. t E. Pqs i ~~ • Scott E. Paseka Notary Public CERi1FICATE My Commission Expires October 31, 2007 I, the undersigned, Assistant Vice President of the Companies, DO HEREBY CERTIFY that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies, which is still in full force effective as of Signed and sealed at the City of Hartford. " ~tri ~ •~vt~s ~ Wy tar ~s • o~ a N •i ~ 1`ti ~~rr~ p ~ • ~ ~i ~ r fY •..~~ ¢ •'ts.uanp;~ T ~•i1N1~ tat IDT~ ~ %~l~TY ~ `t~( f • ' ~,p,.~!Ti~ ,~tn' ..)1q. ~~,•+t • ~+. ilraors tu~a~'~ ~v~~`;A i" ,. 1. L Gary W. Stumper, Assistant Vice President POA 2004