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HomeMy WebLinkAboutCity of Renton Bond Executed & POArentonwa.gov/permitcenter | developmentengineering@rentonwa.gov | 425-430-7240 12/28/2022 | Page 1 of 1 CITY OF RENTON Ι PERMIT CENTER PERMIT/PERFORMANCE BOND Bond Number:___________________________________ Project Name:______________________________________ KNOW ALL MEN BY THESE PRESENT; that we __________________________________________________________ of ____________________________________________________________________________________ as Principal, and _______________________________________________________________a Corporation, as Surety, are held and firmly bound unto the City of Renton, a municipal corporation of the State of Washington, in the sum of $ ____________________________________________________ lawful money of the United States of America, for the payment of which, will and truly to be made, we firmly bind ourselves, and each of our heirs, executors, administrators and assigns, jointly and severally by these present. THE CONDITION OF THE FOREGOING OBLIGATIONS IS SUCH, that WHEREAS, the above named Principal has applied for a permit, pursuant to the provisions of Ordinance No. 3205, to do certain work on a City of Renton roadway, street, alley, avenue, or other public place, during a period ending ________________________________________. NOW THEREFORE, if the above named Principal shall indemnify and save harmless the City of Renton, from all claims, actions or damages of every kind and description, which may accrue as a result of opening and/or working upon a roadway, street, alley, avenue, public easement, or other public place, by him or those in his employ, in installing or making connections with any public or private sewer or water system, or any other purpose or object whatever, and that he will replace and restore such roadway, street, avenue, alley or other public place to as good a state or condition as at the time of the commencement of said work, and maintain the same in good order to the decided satisfaction of the City of Renton, and that he will comply with all provisions of his or their franchise of our permit and all resolutions or instruments relating thereto, this obligation to be void; otherwise to remain in full force and effect. The liability under this bond is for a period of one year from ________________________ to ____________________ and may be extended by the surety issuing a Continuation Certificate. Sealed with our seals and dated this __________day of _____________________, 20_________. BY: ______________________________ BY: ______________________________ Applicant’s Signature Signature of Bonding Agent Attach Power of Attorney Form to Bond ______________________________ Include contact information Applicant’s Address ______________________________ City, State, Zip Travelers Casualty and Surety Company of America Travelers Casualty and Surety Company St. Paul Fire and Marine Insurance Company State of Connecticut By: _______________________________________ Robert L. Raney, Senior Vice President City of Hartford ss. On this the day of , 20 , before me personally appeared Robert L. Raney, who acknowledged himself to be the Senior Vice President of , and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behalf of by himself as a duly authorized officer. I , I hereunto set my hand and official seal. My Commission expires the 30th day of June, 202 ________________________________________ , Notary Public This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of , which resolutions are now in full force and effect, reading as follows: I,Kevin E. Hughes, the undersigned, Assistant Secretary of , do hereby certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies, which remains in full force and effect. Dated this day of , . ________________________________________ Kevin E. Hughes, Assistant Secretary POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine Insurance Company are corporations duly organized under the laws of the State of Connecticut (herein collectively called the "Companies"), and that the Companies do hereby make, constitute and appoint their true and lawful Attorney -in-Fact to sign, execute, seal an acknowledge any and all bonds, recognizances, conditional undertakings and other writings obligatory 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. 26 March 2025