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WebLinkAboutS_Release_Letter_Permit_Bond_106450309_U15007775_181206DenisLawMayorCommunity&EconomicDevelopmentC.E.“Chip”Vincent,AdministratorDecember6,2018TimothyM.Gray,VPRyanCompaniesUS,Inc.50South10thStreet,Suite300Minneapolis,MN55403SUBJECT:RELEASEOFPOWEROFATTORNEYANDPERMITBOND#106450309LONGACRESBUSINESSCENTERPHASE2/UTILITYPERMIT#U15007775DearMr.Gray:ThisletteristoconfirmthattheCityhasreceivedthetwo-yearmaintenancesuretyintheformofMaintenanceBondintheamountof$231,405.54andthemaintenanceanddefectagreementonDecember4,2018whichsecuresthesuccessfulmaintenanceandoperationoftherequiredimprovementsfortheabovereferencedproject.Accordingly,thisletterwillalsoserveasauthorizationtoreleasethePowerofAttorneyfromTravelersCasualtyandIndemnityCompanyandPermitBond#106450309issuedtoRyanCompaniesUS,Inc.onApril6,2016intheamountof$147,518.33.TheseitemswerepostedtotheCityofRentononbehalfoftheLongacresBusinessCenterPhase2project.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheprojectmanager,JustinJohnsonat(425)430-7291.Sincerely,JenniferHenningPlanningDirectorEnclosure(s):TravelersCasualtyandIndemnityCompanyPowerofAttorneyCertificate#006623825PermitBond#106450309cc:JustinJohnson,DevelopmentEngineeringProjectManagerBrianneBannwarth,DevelopmentEngineeringManager1055SouthGradyWay,Renton,WA98057.rentonwa.gov DEPARTMENTOFCOMMUNITYANDECONOMICDEVELOPMENTPERMITBONDBondNumber:106450309ProjectName:LongacresBusinessCenterPhase2KNOWALLMENBYTHESEPRESENT;thatweRyanCompaniesUS,Inc.of50South10thStreet,Suite300,Minneapolis,MN55403asPrincipal,andTravelersCasualtyandSuretyCompanyofAmericaaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof$147,518.33(OneHundredFortySevenThousandFiveHundredEighteenand33/100)lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodendingFebruary24,2018NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,orotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheliabilityunderthisbondisforaperiodofoneyearfromFebruary24,2016toFebruary24,2017andmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithoursealsnddatthis6th)dayofApr’,2Q16BY:igature,AttachPowerofAttorneyFormtoBond50South10thStreet,Suite301Includecontactinformation.Applicant’sAddressMinneapolis,MN55403Aunnf(City,State,ZipH:\CED\Data\Forms-Templates\SeIf-HeIpHandouts\PubIicWorks\PERMITBOND.docxREV:02/16/15 WARNING:THISPOWEROFATTORNEYISINVALIDWITHOUTTHEREDBORDERTRAVELERS]POWEROFATTORNEYFarmingtonCasualtyCompanyFidelityandGuarantyInsuranceCompanyFidelityandGuarantyInsuranceUnderwriters,Inc.St.PaulFireandMarineInsuranceCompanySt.PaulGuardianInsuranceCompanySt.PaulMercuryInsuranceCompanyTravelersCasualtyandSuretyCompanyTravelersCasualtyandSuretyCompanyofAmericaUnitedStatesfidelityandGuarantyCompanyAttorney-InFactNo.229381006623825KNOWALLMENBYTHESEPRESENTS:ThatFarmingtonCasualtyCompany,St.PaulFireandMarineInsuranceCompany,St.PaulGuardianInsuranceCompany,St.PaulMercuryInsuranceCompany,TravelersCasualtyandSuretyCompany,TravelersCasualtyandSuretyCompanyofAmerica,andUnitedStatesFidelityandGuarantyCompanyarecorporationsdulyorganizedunderthelawsoftheStateofConnecticut.thatFidelityandGuarantyInsuranceCompanyisacorporationdulyorganizedunderthelawsoftheStateofIowa,andthatFidelityandGuarantyInsuranceUnderwriters.Inc.,isacorporationdulyorganizedunderthelawsoftheStateofWisconsin(hereincollectivelycalledthe“Companies”),andthattheCompaniesdoherebymake,constituteandappointJohnF.Tauer,LindaK.French,R.W.Frank,CraigRemick,RachelThomas,NicoleStillings,JoshuaR.Loftis,BrianJ.Oestreich,SaiidraM.Doze,JeromeT.Ouimet,D.R.Dougherty,JackCedarleafII,KurtC.Lundblad,MelindaC.Blodgelt,R.C.Bowman,R.ScottEgginton,TedR.Jorgensen,EmilyKeiser,andLinUlvenoftheCityofMinneapolis.StateofMinnesota.theirtrueandlawfulAttorney(s)-in-Fact,eachintheirseparatecapacityifmorethanoneisnamedabove,tosign,execute,sealandacknowledgeanyandallbonds,recognizances,conditionalundertakingsandotherwritingsobligatoryinthenaturethereofonbehalfoftheCompaniesintheirbusinessofguaranteeingthefidelityofpersons.guaranteeingtheperformanceofcontractsandexecutingorguaranteeingbondsandundertakingsrequiredorpermittedinanyactionsorproceedingsallowedbylaw.INWITNESSWHEREOF.theCompanieshavecausedthisinstrumenttobesignedandtheircorporatesealstobeheretoaffixed,thisdayofJanuary201627thFarmingtonCasualtyCompanyFidelityandGuarantyInsuranceCompanyFidelityandGuarantyInsuranceUnderwriters,Inc.St.PaulFireandMarineInsuranceCompanySt.PaulGuardianInsuranceCompanySt.PaulMercuryInsuranceCompanyTravelersCasualtyandSuretyCompanyTravelersCasualtyandSuretyCompanyofAmericaUnitedStatesFidelityandGuarantyCompanyStateofConnecticutCityofHartfordss.EAL1RobertL.Raney,niorVicePresidentOnthisthe27thdayofJanuary,2016,beforemepersonallyappearedRobertL.Raney.whoacknowledgedhimselftobetheSeniorVicePresidentofFarmingtonCasualtyCompany,FidelityandGuarantyInsuranceCompany,FidelityandGuarantyInsuranceUnderwriters,Inc..St.PaulFireandMarineInsuranceCompany,St.PaulGuardianInsuranceCompany,St.PaulMercuryInsuranceCompany,TravelersCasualtyandSuretyCompany.TravelersCasualtyandSuretyCompanyofAmerica,andUnitedStatesFidelityandGuarantyCompany,andthathe,assuch,beingauthorizedsotodo,executedtheforegoinginstrumentforthepurposesthereincontainedbysigningonbehalfofthecorporationsbyhimselfasadulyauthorizedofficer.InWitnessWhereof,Ihereuntosetmyhandandofficialseal.TAA‘MyCommissionexpiresthe30thdayofJune,2016.**C4c1f.MarieC.Tetreault,NotaryPublic58440-8-12PrintedinU.S.A.By:W9NNG:THISPOWEROFATTORNEYISINVALIDWITHOUTTHEREDBORDER WARNING:THISPOWEROFATtORNEYISINVAUDWITHOUTTHEREDBORDERThisPowerofAttorneyisgrantedunderandbytheauthorityofthefollowingresolutionsadoptedbytheBoardsofDirectorsofFarmingtonCasualtyComp1i-Eidel1.’iandGuarantyInsuranceCompany,FidelityandGuarantyInsuranceUnderwriters,Inc.,St.PaulFireandMarineInsuranceCompany,St.PaulGuardianInsuranceCompany,St.PaulMercuryInsuranceCompany,TravelersCasualtyandSuretyCompany,TravelersCasualtyandSuretyCompanyofAmerica,andUnitedStatesFidelityandGuarantyCompany,whichresolutionsarenowinfullforceandeffect,readingasfollows:RESOLVED,thattheChairman,thePresident,anyViceChairman,anyExecutiveVicePresident,anySeniorVicePresident,anyVicePresident,anySecondVicePresident.theTreasurer,anyAssistantTreasurer,theCorporateSecretaryoranyAssistantSecretarymayappointAttorneys-in-FactandAgentstoactforandonbehalfoftheCompanyandmaygivesuchappointeesuchauthorityashisorhercertificateofauthoritymayprescribetosignwiththeCompany’snameandsealwiththeCompany’ssealbonds,recognizances,contractsofindemnity,andotherwritingsobligatoryinthenatureofabond,recognizance,orconditionalundertaking,andanyofsaidofficersortheBoardofDirectorsatanytimemayremoveanysuchappointeeandrevokethepowergivenhimorher:anditisFURTHERRESOLVED,thattheChairman,thePresident.anyViceChairman,anyExecutiveVicePresident,anySeniorVicePresidentoranyVicePresidentmaydelegatealloranypanoftheforegoingauthoritytooneormoreofficersoremployeesofthisCompany,providedthateachsuchdelegationisinwritingandacopythereofisfiledintheofficeoftheSecretary;anditisFURTHERRESOLVED,thatanybond,recognizance,contractofindemnity,orwritingobligatoryinthenatureofabond,recognizance,orconditionalundertakingshallbevalidandbindingupontheCompanywhen(a)signedbythePresident.anyViceChairman,anyExecutiveVicePresident,anySeniorVicePresidentoranyVicePresident,anySecondVicePresident,theTreasurer,anyAssistantTreasurer,theCorporateSecretaryoranyAssistantSecretaryanddulyattestedandsealedwiththeCompany’ssealbyaSecretaryorAssistantSecretary;or(b)dulyexecuted(underseal,ifrequired)byoneormoreAttorneys-in-FactandAgentspursuanttothepowerprescribedinhisorhercertificateortheircertificatesofauthorityorbyoneormoreCompanyofficerspursuanttoaWrittendelegationofauthority;anditisFURTHERRESOLVED,thatthesignatureofeachofthefollowingofficers:President,anyExecutiveVicePresident,anySeniorVicePresident,anyVicePresident,anyAssistantVicePresident,anySecretary,anyAssistantSecretary,andthesealoftheCompanymaybeaffixedbyfacsimiletoanyPowerofAttorneyortoanycertificaterelatingtheretoappointingResidentVicePresidents,ResidentAssistantSecretariesorAttorneys-in-Factforpurposesonlyofexecutingandattestingbondsandundertakingsandotherwritingsobligatoryinthenaturethereof,andanysuchPowerofAttorneyorcertificatebearingsuchfacsimilesignatureorfacsimilesealshallbevalidandbindingupontheCompanyandanysuchpowersoexecutedandcertifiedbysuchfacsimilesignatureandfacsimilesealshallbevalidandbindingontheCompattyinthefuturewithrespecttoanybotidorutiderstandingtowhichitisattached.1,KevinE.Hughes.theundersigned.AssistantSecretary,ofFarmingtonCastialtyCompany,FidelityandGuarantyInsuranceCompany,FidelityandGuarantyInsuranceUnderwriters,Inc.,St.PaulFireandMarineInsuranceCompany,St.PaulGuardianinsuranceCompany.St.PaulMercuryInsuranceCompany,TravelersCasualtyandSuretyCompany,TravelersCasualtyandSuretyCompanyofAmerica,andUnitedStatesFidelityandGuarantyCompanydoherebycertifythattheaboveandforegoingisatrueandcorrectcopyofthePowerofAttorneyexecutedbysaidCompanies,whichisinfullforceandeffectandhasnotbeenrevoked.INTESTIMONYVIREOF.IhavehereuntosetmyhandandaffixedthesesofsaidCompaniesthis________dayofkpYII20KevinE.Hughes,AssistantSectary0ToverifytheauthenticityofthisPowerofAttorney,call1-800-421-3880orcontactusatwww.travelersbond.com.PleaserefertotheAttorney-In-Factnumber,theabove-namedindividualsandthedetailsofthebondtowhichthepowerisattached.WARNING:THISPOWEROFATtORNEYISINVALIDWITHOUTTHEREDBORDER