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Bond.Defect Agreement_Paccar_U15000937.pdf
PrintFormResetFormtSaveFormDEPARTMENTOFCOMMUNITY__Rt1t1ANDECONOMICDEVELOPMENTciiiiMAINTENANCEBONDBondNumber:023035336ProjectName:WaterandStormEasementforPACCARBCE#12567KNOWALLMENBYTHESEPRESENT;thatwePACCARINCasPrincipal,andLIBERTYMUTUALINSURANCECOMPANYacorporationorganizedandexistingundertheLawsoftheStateofMASSACHUSETTSSuretyareheldandfirmlybounduntoTHECITYOFRENTONasObligee,inthetotalsumofSeventy-EightThousandNineHundredSeventy-Six&03/lOOths---($78,976.03)dollars,forthepaymentofwhich,wellandtrulytobemade,theexecutors,administrators,successorsandassigns,jointlyandseverally,firmbythesepresent:For:WaterandStormEoocmor.tforPACCARBCE#12567NOWTHEREFORETHECONDITIONOFTHISOBLIGATIONISSUCH,ThatifthePrincipalshallmaintainandremedysaidworkfreefromdefectsinmaterialsandworkmanshipforaperiodoftwo(2)yearsfollowingcompletion,thenthisobligationshallbevoidotherwiseshallremaininfullforceandeffect.SIGNED,SEALEDANDDATEDthis21stDAYOFNovember,2016PACCARINCLIBERTYMUTUALINSURANCECOMPANY+cAplicasSiatuSignatureofBondingAgentD6R11’1’1RPamelaA.Nelson,Attorney-in-FactApplicant’sName(Print)NameofBondingAgent&Company(Print)777106thAve.N.E.505FifthAve.S.,Ste.200AddressAddressBellevue,WA98004Seattle,WA98104I206-386-7400City,State,ZipCity,State,Zip&PhoneAttachPowerofAttorneyFormandMaintenance&DefectAgreementtoBondH:\CED\Data\Forms-Templates\SeIf-HeipHandouts\PubhcWorks\MA1NTENANCEBOND.docxRev;04/2015 THISPOWEROFATtORNEYISNOTVALIDUNLESSITISPRINTEDONREDBACKGROUND.•ThisPowerofAttorneylimitstheactsofthosenamedherein,andtheyhavenoauthoritytobindtheCompanyexceptinthemannerandtotheextenthereinstated.CertificateNo.6972100AmericanFireandCasualtyCompanyLibertyMutualInsuranceCompanyTheOhioCasualtyInsuranceCompanyWestAmericanInsuranceCompanyPOWEROFATTORNEYKNOVVNALLPERSONSBYTHESEPRESENTS:ThatAmericanFire&CasualtyCompanyandTheOhioCasualtyInsuranceCompanyarecorporationsdulyorganizedunderthelawsoftheStateofNewHampshire,thatLibertyMutualInsuranceCompanyisacorporationdulyorganizedunderthelawsoftheStateofMassachusetts,andthlestAmericanInsuranceCompanyisacorporationdulyorganizedunderthelawsoftheStateofIndiana(hereincollectivelycalledtheCompanies),pursuanttoandbyauthorityhereinsetforth,doesherebyname,constituteandappoint,BrianHearst;JetfreyL.Broyles;PamelaA.NelsonallofthecityofSEATTLE,stateofWAeachindividuallyiftherebemorethanonenamed,itstrueandlawfulattorney-in-facttomake,execute,seal,acknowledgeanddeliver,forandonitsbehalfassuretyandasitsactanddeed,anyandallundertakings,bonds,recognizancesandothersuretyobligations,inpursuanceofthesepresentsandshallbeasbindingupontheCompaniesasiftheyhavebeendulysignedbythepresidentandattestedbythesecretaryoftheCompaniesintheirownproperpersons.INWITNESSWHEREOF,thisPowerofAttorneyhasbeensubscribedbyanauthorizedofficerorofficialoftheCompaniesandthecorporatesealsoftheCompanieshavebeenaffixedtheretothis30thdayofApnI,2015AmericanFireandCasualtyCompanyTheOhioCasualtyInsuranceCompanyLibertyMutualInsuranceCompanyWestAmericanInsuranceCompanyBy:/%%DavidM.CareyAssistantSecretary=OnthisdayofApril,beforemepersonallyappearedDavidM.Carey,whoacknowledgedhimselftobetheAssistantSecretaryofAmericanFireand.)aCasualtyCompany,LibertyMutualInsuranceCompany,TheOhioCasualtyInsuranceCompany,andVVestAmericanInsuranceCompany,andthathe,assuch,beingauthorizedsotodo,>CO‘executetheforegoinginstrumentforthepurposesthereincontainedbysigningonbehalfofthecorporationsbyhimselfasadulyauthorizedofficer.U>INWITNESSWHEREOF,IhavehereuntosubscribedmynameandaffixedmynotarialsealatPlymouthMeeting,Pennsylvania,onthedayandyearfirstabovewritten.00.PACOMMONWEALTHOFPENNSYLVANIA0TeresaPasteil:,NotaryPublicBy:Zti.4J7Ltt1L)‘S0OFPlymouthTwp.,MontgomeryCountyTeresaPastella,NotaryPublicMyCommissionExpiresMarch28,2017a)01t>.Member,PennsylvaniaAssociationofNotarIes0EThisPowerofAttomeyismadeandexecutedpursuanttoandbyauthorityofthefollowingBy-lawsandAuthonzationsofAmericanFireandCasualtyCompany,TheOhioCasualtyInsuranceCl)oj.Company,LibertyMutualInsuranceCompany,andWestAmericanInsuranceCompanywhichresolutionsamnowinfullforceandeffectreadingasfollows:9ARTICLEIV—OFFICERS—Section12.PowerofAttorney.AnyofficerorotherofficialoftheCorporationauthorizedforthatpurposeinwritingbytheChairmanorthePresident,andsubject0ctosuchlimitationastheChairmanorthePresidentmayprescribe,shallappointsuchattomeys-in-fact,asmaybenecessarytoactinbehalfoftheCorporationtomake,execute,seal.‘o.Eacknowledgeanddeliverassuretyanyandallundertakings,bonds,recognizancesandothersuretyobligations.Suchattorneys-in-fact,subjecttothelimitationssetforthintheirrespectiveEpowersofattorney,shallhavefullpowertobindtheCorporationbytheirsignatureandexecutionofanysuchinstrumentsandtoattachtheretothesealoftheCorporation.Whensoexecuted,suchinstrumentsshallbeasbindingasifsignedbythePresidentandattestedtobytheSecretary.Anypowerorauthoritygrantedtoanyrepresentativeorattorney-in-factunder>theprovisionsofthisarticlemayberevokedatanytimebytheBoard,theChairman,thePresidentorbytheofficerorofficersgrantingsuchpowerorauthority.C.)ARTICLEXIII—ExecutionofContracts—SECTION5.SuretyBondsandUndertakings.AnyofficeroftheCompanyauthorizedforthatpurposeinwritingbythechairmanorthepresident,E>andsubjecttosuchlimitationsasthechairmanorthepresidentmayprescribe,shallappointsuchattorneys-in-fact,asmaybenecessarytoactinbehalfoftheCompanytomake,execute,•oseal,acknowledgeanddeliverassuretyanyandallundertakings,bonds,recognizancesandothersuretyobligations.Suchattorneys-in-factsubjecttothelimitationssetforthintheirZC.)respectivepowersofattorney,shallhavefullpowertobindtheCompanybytheirsignatureandexecutionofanysuchinstrumentsandtoattachtheretothesealoftheCompany.Whensoexecutedsuchinstrumentsshallbeasbindingasifsignedbythepresidentandattestedbythesecretary.oCfCertificateofDesignation—ThePresidentoftheCompany,actingpursuanttotheBylawsoftheCompany,authorizesDavidM.Carey,AssistantSecretarytoappointsuchattorneys-in-factasmaybenecessarytoactonbehalfoftheCompanytomake,execute,seal,acknowledgeanddeliverassuretyanyandallundertakings,bonds,recognizancesandothersuretyobligations.Authorization—ByunanimousconsentoftheCompany’sBoardofDirectors,theCompanyconsentsthatfacsimileormechanicallyreproducedsignatureofanyassistantsecretaryoftheCompany,whereverappearinguponacertifiedcopyofanypowerofattorneyissuedbytheCompanyinconnectionwithsuretybonds,shallbevalidandbindingupontheCompanywiththesameforceandeffectasthoughmanuallyaffixed.I,GregoryW.Davenport,theundersigned,AssistantSecretary,ofAmericanFireandCasualtyCompany,TheOhioCasualtyInsuranceCompany,LibertyMutualInsuranceCompany,andWestAmericanInsuranceCompanydoherebycertifythattheoriginalpowerofattomeyofwhichtheforegoingisafull,trueandcorrectcopyofthePowerofAttorneyexecutedbysaidCompanies,isinfullforceandeffectandhasnotbeenrevoked.By:GregoryW.Davenport,AssistantSecretary122of200STATEOFPENNSYLVANIA55COUNTYOFMONTGOMERYINTESTIMONYWHEREOF.IhavehereuntosetmyhandandaffixedthesealsofsaidCompaniesthis.2-IS)-dayof1\JpV-Vh1L2QV’LMS_12873_122013 DEPARTMENTOFCOMMUNITYANDECONOMICDEVELOPMENT—“—“Renton0MAINTENANCEANDDEFECTAGREEMENT(TwoApplicant’sNameandAddressyears)PACCAR,Inc.Forpublicroads,drainagefacilities,andother777106thAvenueN.E.publicimprovementsBellevue,WA98004AgreementNumberProjectNameandNumberPACCARPDCWaterandStormEasement(815000936)GuaranteeAmountSiteLocation/Section$78,976.03405HouserWayNorthThisagreementismadeandenteredintothis_____dayof_____________,2OjbetweentheCityofRenton,hereinaftercalledtheCITY,andtheabovenamedapplicant,hereinaftercalledAPPLICANT.BasisforAGREEEMENT:WHEREAS,theundersignedAPPLICANThasconstructedpublicroadsand/ordrainagefacilitiesandotherpublicimprovementstobedeededtotheCITYinconnectionwiththeabove-referencedproject;andWHEREAS,theAPPLICANThasagreedtosecurethesuccessfulmaintenanceandoperationofsaidimprovementsforthereferencedprojectpursuanttoRMC4-6-030andRMC9-10-5.NOWTHEREFORE,theAPPLICANTherebyagreesandbindsitselfanditslegalrepresentatives,successors,andassignsasfollows:TermsoftheAGREEMENT:1.TheimprovementsconstructedbytheAPPLICANTorhisrepresentativeshallsuccessfullyoperateandshallremainfreeofdefectsindesign,workmanship,andmaterialsforaperiodoftwo(2)yearsfromthedateofsatisfactorycompletionoftheimprovementsorfinalplatapproval,whicheverislater.AsusedinthisAGREEMENT,theterm“defects”includesbutisnotlimitedto,damageresultingfromconstructionactivitiesand/oruseduringthetwo(2)yearperiod.2.TheAPPLICANTisresponsibleformaintenanceofthepublicroad,drainagefacilitiesandotherpublicimprovements,includingtheroadwaysurfaceforthetwo(2)yearperiodfromthedateofsatisfactoryconstructionapprovalorfinalplatapproval,whicheverislater.3.Intheeventofanyfailureoftheimprovementstosatisfactorilyoperateorintheeventofadefectindesign,workmanship,ormaterials,theAPPLICANTshallpromptlyandadequatelyrepairand/orcorrectthefailureordefect.4.TheCITYwillperformmaintenanceinspectionsduringthetwo(2)yearperiod.5.Duringthetwo(2)yearperioduponnotificationbytheCITY,theAPPLICANTshallcorrectand/ormakerepairstotheright-of-wayimprovementswithinthetimeperiodspecifiedbytheCITYwhendefectsinthedesign,workmanship,ormaterialsoccur.1C:\Users\Thomas.VoIk\AppData\Local\Microsoft\Windows\TemporaryInternetFiIes\Content.Outlook\B42AMMX7\12567.017-MaintenanceDefectAGRT.DOCX07/27/2012 AgreementNumberProjectNameandNumberPACCARPDCWaterandStormEasement(B15000936)7.TheAPPLICANTshallpayallrequiredfeesinaccordancewithRentonMunicipalCode.8.Attheendofthetwo(2)yearperiod,theAPPLICANTshallcleanthedrainagefacilitiespriortotheCity’sfinalinspection.9.II,attheconclusionofthetwo(2)yearperiod,theCityofRenton,atitssolediscretion,determinestheimprovementsarenotadequatelymaintained,theAPPLICANTshallperformpromptmaintenancetotheCITY’ssatisfaction.IntheeventthismaintenanceisnotperformedwithinthetimeperiodspecifiedbytheCITY,theCITYwillinvoketheenforcementprocessesfoundinRMCChapter1-3.10.AnyfailurebytheAPPLICANTtocomplywiththetermsofthisAGREEMENTinatimelymannershallconstitutedefault.AnyactionorinactionbytheCityofRentonfollowinganydefaultinanytermorconditionofthisAGREEMENTshallnotbedeemedtowaiveanyrightsoftheCityofRentonpursuanttothisAGREEMENT.11.TheAPPLICANTshallindemnifyandholdtheCITYanditsagents,employeesand/orofficersharmlessfromandshalldefendatitsownexpenseallclaims,damages,suitsatlaworequity,actions,penalties,losses,orcostsofwhatsoeverkindornature,broughtagainsttheCITYfornegligencearisingoutof,inconnectionwith,orincidenttotheexecutionofthisAGREEMENTand/ortheAPPLICANT’sperformanceorfailuretoperformanyaspectoftheAGREEMENT.Provided,however,thatifsuchclaimsarecausedbyorresultfromconcurrentnegligenceoftheAPPLICANTandtheCITY,itsagents,employeesand/oroffices,thisprovisionshallbevalidandenforceableonlytotheextentofthenegligenceoftheAPPLICANT,andprovidedfurther,thatnothinghereinshallrequiretheAPPLICANTtoholdharmlessordefendtheCITYfromanyclaimarisingfromthesolenegligenceoftheCITY’sagents,employeesand/orofficers.12.IntheeventthatanypartdeemsitnecessarytoinstitutelegalactionorproceedingstoenforceanyrightorobligationunderthisAGREEMENT,thepartiesheretoagreethatanysuchactionorproceedingshallbebroughtinacourtofcompetentjurisdictionsituatedinKingCounty,Washington.13.TheAPPLICANTisgrantedtherightaccessCITYright-of-way,tracts,andeasementsdedicatedtotheCITYforthepurposeofperformingworkrequiredbythisMaintenanceandDefectAgreementuntiltheAGREEMENTisreleased.ReleaseRequirements:ThisAGREEMENTshallremaininforceandeffectandshallnotbereleaseduntilalltermsofthisAGREEMENThavebeencompletedtothesatisfactionoftheCityofRenton.INWITNESSTHEREOF,thepartiesheretohaveexecutedthisAGREEMENTasofthedayandyearfirstabovewritten.APPLICANT.Pfr-/4-IBy-—--Aat(RobertReifsnyder,PACCARInc.ExecutiveDirectorReceivedforCityofRentonByDate3C:\Users\Thomas.VoIk\AppData\Local\Microsoft\Windows\TemporaryInternetFiles\Content.Outlook\B42AMMx7\12567.017-MaintenanceDefectAGRT.DOCX07/27/2012