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HomeMy WebLinkAboutS_Release_Letter_Permit Bond_106441972_U15007951_180924.pdfDenisLawMayorCommunity&EconomicDevelopmentC.L.“Chip”VincentAdministratorSeptember24,2018PeterBonnellBonnellFamily,LLCP0Box52946Bellevue,WA98015SUBJECT:RELEASEOFPOWEROFATTORNEYANDPERMITBOND#106441972HARDIESEWEREXTENSION!UTILITYPERMIT#U15007951DearMr.Bonnell:ThisletteristoconfirmthattheCityhasreceivedthetwo-yearmaintenancesuretyintheformofaMaintenanceBond#106890196intheamountof$21,947.42andthemaintenanceanddefectagreementonSeptember20,2018whichsecuresthesuccessfulmaintenanceandoperationoftherequiredimprovementsfortheabovereferencedproject.Accordingly,thisletterwillalsoserveasauthorizationtoreleasethePowerofAttorneyandPermitBond#106441972issuedtoBonnellFamily,LLConAugust2,2016intheamountof$184,800.00.TheseitemswerepostedtotheCityofRentononbehalfoftheHardieSewerExtensionproject.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheprojectmanager,AnnFowlerat(425)430-7382.Scerely,JenniferHenningPlanningDirectorEnclosure(s):TravelerscasualtyandSuretycompanyCertificate#006833613PermitBond#106441972cc:AnnFowler,DevelopmentEngineeringProjectManagerBrianneBannwarth,oevelopmentEngineeringManager1055SouthGradyWay,Renton,WA98057.rentonwa.gov DEPARTMENTOFCOMMUNITYANDECONOMICDEVELOPMENTSCLII[DliPERMITBONDj5Q37q51BondNumber:106441972ProjectName:HardieSewerExtensionKNOWALLMENBYTHESEPRESENT;thatweBonnellFamily,LLCasPrincipal,ofBellevue,WAandTravelersCasualty&SuretyCompanyofAmericaaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumofOneHundredEightyFourThousand,EightHundredDollars($184,800.00)lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodendingAugust2,2017.NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheliabilityunderthisbondisforaperiodofoneyearfromAugust2,2016toAugust2,2017andmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithoursealsanddatedthis2’dayofAugust,2016__ _ __ _ __ __BY:__________Aplicant’sSignatureSinatè&rJofBondingAflent9Applicant’sAddress:JoannPfeiferAttorney-in-FactP.0.Box529461501FourthAv,Suite100Bellevue,WA98015Seattle,WA98101206-326-4262 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