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S_Release_Letter_Permit_Bond_PB03283300033_U16006368_190319
DenisLawMayorCommunity&EconomicDevelopmentC.E.“Chip’Vincent,AdministratorMarch19,2019MainvueWALLC1110-112thAvenueNE,Suite202Bellevue,WA98004SUBJECT:RELEASEOFPOWEROFATTORNEYANDPERMITBOND#PB03283300033ALLURAATTIFFANYPARK/UTILITYPERMIT#U16006368DearSir/Madam:ThisletteristoconfirmthattheCityhasreceivedthetwo-yearmaintenancesuretyintheformofaMaintenanceBond#PB03283300058intheamountof$1,052,929.46andthemaintenanceanddefectagreementonJanuary30,2019whichsecuresthesuccessfulmaintenanceandoperationoftherequiredimprovementsfortheabovereferencedproject.Accordingly,thisletterwillalsoserveasauthorizationtoreleasethePowerofAttorneyfromPhiladelphiaIndemnityInsuranceCompanyandPermitBond#PB03283300033issuedtoMainvueWALLConAugust16,2017intheamountof$4,946,445.90.TheseitemswerepostedtotheCityofRentononbehalfoftheAlluraatTiffanyParkproject.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheDevelopmentEngineeringManager,BrianneBannwarthat(425)430-7299.incerey,JenniferHenningPlanningDirectorEnclosure(s):PhiladelphiaIndemnityInsurancecompanyPowerofAttorneyPermitBond#PB03283300033cc:BrianneBannwarth,DevelopmentEngineeringManager1055SouthGradyWay,Renton,WA98057rentonwa.gov PrintForm][ResetFormSaveForm—RentonCPERMITBONDBondNumber:P803253300033ProjectName:AlluraAtTiffanyParkKNOWALLMENBYTHESEPRESENT;thatweMainvueWALLCofBellevue,WAasPrincipal,andPhiladelphiaIndemnityInsuranceCompanyaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof$494644590lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaper io d endi ng ___ __ ___ __ ___ __ ___ __ ___ __ ___ __ __NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheliabilityunderthisbondisforaperiodofoneyearfromAugust16th2017toAugust16th,2018andmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithoirsealsat?ddatedthis16thdayofAugust2017ABY:J(1AJ\BY:-Applicant’sSignatureSignatur4f-Be-ndThgAgentAttachPowerofAttorneyFormtoBond1110112thAveNE,Suite202Includecontactinformation.Applicant’sAddressBrianDan:els,attorney-in-factBellevue,WA98004City,State,ZipH:\cED\Data\Forms-Templates\SeIf-HeIpHandouts\Publicworks\PERMITBOND.docxRev:04/2015 flIILADELPIIIAINDEMNITYINSURANCECOMPANYOneBalaPlaza,Suite100BataCynwyd,PA19004-0950PinverofAltorntyKNOWALLPERSONSBYTHESEPRESENTS:ThatI’IIILADELI’lllAINDEMNITYINSURANCECOMPANY(theCompany),acorporationorganizedandexistingunderthelawsofIheCommonwealthofPennsylvania,doesherebyconstittiteandappointBrianDaniels,itstrucandlawfulAttorney-in-factwithfullauthorkytoexecuteonitsbehalfbonds,undertakings,recognizancesandothercontractsofindemnityandwritingsobligatoryinthenaturethereof,issuedinthecourseofitsbusinessandtobindtheCompanythereby,inanamountnottoexceedUNLIMITED.ThisPowerofAttorneyisgrantedandissignedandsealedbyfacsimileunderandbytheauthorityofthefollowingResolutionadoptedbytheBoardofDirectorsofPI-IILADELPI-IlAINDEMNITYINSURANCECOMPANYonthe14”ofNovember.2016.RESOLVED:ThattheBoardofDirectorsherebyauthorizesthePresidentoranyVicePresidentoflheCompany:(I)AppointAttorney(s)inFactandauthorizetheAttorney(s)inFacttoexecuteonbehalfoftheCompanybondsandundertakings,contractsofindemnityandoilierwritingsobligatoryinthenaturethercofandtoattachtheseatoftheCompanythereto:and(2)toremove,atanytime,anysuchAttorney-in-Factandrevoketheauthoritygien.And,beitFLItIlIERRESOLVED:ThatthesignaturesofsuchorneersandtheseatoftheCompanymaybeaffixedtoallysuchPowerofAttorneyorcertificaterelatingtheretobyfacsimile,andanysuchPowerofAttorneysoexecutedandcertifiedbyfacsimilesignaturesandfacsimilesealshallbevalidandbindingupontheCompanyinthefuturewithrespecttoanybondorundertakingtowhich,itisattached.INTESTIMONY\VIILRLOF,PHILADELPHIAINDENtNITYINSURANCECOMPANYHASCALtSEDTHISINSTRUMENTTOBESIGNEDANDITSCORPORATESEALTOBEAFFtXEDBYIfSAUTHORIZEDOFFICETIllSI$DAYOFNOVEMBER.2016.1927H’,(Seal)RobertO.O’LearyJr.,President&CEOPhiladetptuaIndemnityInsuranceCompanyOnthis14”dayofNovember,2016,beforemecametheindividualwhoexeet,tedtheprecedinginstrument,tomepersonallyknown,andbeingbymedulyswornsaidthatl,eisthethereindescribedandauthorizedofficeroftheI’IIILAIWLPIIIAINDEMNITYINSURANCECOMPANY;thatthesealaffixedtosaidinstrumentistheCorporatesealofsaidCompany:thatthesaidCorporateSeatandhissignalureweredulyaffixed.cnqHcntAsThPtNMflTVMilAflurs”4.INo’Hb.He,car,NaLCIs.,’Meb’In.,N;z.tryCir7tt:I,“\ft.o-4-owrNotaryPublic.--.-residingat:Balacynwvd,fA—(Notary’Seal)Mycommissionexpires:January8,2018,,—.I,EdwardSayago,CorporateSecretaryofPIIILADLLPHIAINDEMNITYINSURANCECOMPANY,doherbycertifythattheforegoingresolutionnitlieBoardofDirectorsandthisPowerofAttorneyissuedpursuanttheretoonthis14”dayofNovember,2016aretrueandcorrectandarestillinfullforceandeffect.IdofurthercertifythatRobertDO’Leary’Jr.,whoexecutedthePowerofAttonieyasPresident,wasonthedateofexeetltionoftheattachedPowerofAttorneythtedtityelectedPresidentofPHILADELPHIAINDEMNITYINSURANCECOMPANY,InTestimonyWhereofIhavesubscribedniynanmandaffixedtImefacsimileseatofcactiCompanythisdayof,20/71927.EdwardSayago,CorporateSecretary’IPIIILADELPIIIAINDEMNITYINSURANCECOMPANY