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Home My WebLink About2018.10.02 - GH Phase 2 - Maintenance Bond - Signed (2)DEPARTMENT OF COMMUNITY CITY 1F AND ECONOMIC DEVELOPMENT - Renton o" MAINTENANCE BOND Bond Number: 106967414 Project Name: Longacres Business Center - Phase 2 KNOW ALL MEN BY THESE PRESENT; that we Ryan Companies US, Inc. as Principal, and Travelers Casualty and Surety Company of America a corporation organized and existing under the Laws of the State of Connecticut Surety are held and firmly bound unto THE CITY OF RENTON as Obligee, in the total sum of Two Hundred Thirty One Thousand Four Hundred Eight & 54/100 ($ 231,408.54 ) dollars, for the payment of which, well and truly to be made, the executors, administrators, successors and assigns, jointly and severally, firm by these present: For: public improvements made as part of the GH Phase 2 project including right away improvements (bus stop and traffic signal), storm water and drainage facilities, and Civil construction permits NOW THEREFORE THE CONDITION OF THIS OBLIGATION IS SUCH, That if the Principal shall maintain and remedy said work free from defects in materials and workmanship for a period of two (2) years following completion, then this obligation shall be void otherwise shall remain in full force and effect. SIGNED, SEALED AND DATED this 21st DAY OF September , 20 18 Applica 's Signa re Mcc. I 2 kitoro Applicant's Name (Print) 533 South 3rd Street, Suite 100 Address Minneapolis, MN 55415 City, State, Zip Sig ture of Bon Ag Josh Loftis & Cobb Strecker Dunphy & Zimmermann Name of Bonding Agent & Company (Print) 225 South 6th Street, Suite 1900 Address Minneapolis, MN 55402 City, State, Zip & Phone Attach Power of Attorney Form and Maintenance & Defect Agreement to Bond H:\CED\Data\Forms-Templates\Self-Help Handouts\Development Engineering\MAINTENANCE BOND.docx Rev: 02/2018 - -- - - CORPORATE -ACKNOWLEDGMENT State of Minnesota ) ) ss County of On this / / day of %w, before me appeared A"e, Z.�✓Oj'Gr//'� , to me personally known, who, bein by me duly sworn, did say that he/she is the / / � /� /45e.14;74 of Ryan Companies US, Inc. , a corporation, that the seal affixed to the foregoing instrument is the corporate seal of said corporation, and that said instr ment was executed in behalf of said corporation by authority of its Board of Directors, and that said d/4 f . Aligolre) acknowledged said instrument to be the free act and deed of said corporation. MICHELLE KAY FELT Notary Public_ Notary Pubiio-Minnesota MyCommisolonExpirmJan 31,=3 My commission expires State of Minnesota County of Hennepin On this 21st SURETY ACKNOWLEDGMENT ) ss day of September County, 2018 , before me appeared John E. Tauer to me personally know, who being by me duly sworn, did say that (s)he is the Attorney -in -Fact of Travelers Casualty and Surety Company of America , a corporation, that the seal affixed to the foregoing instrument is the corporate seal of said corporation and that said instrument was executed in behalf of said corporation by authority of its Board of Directors; and that said John E. Tauer acknowledged said instrument to be th free and deed of said corporation. `8 r HANNA ROSE. I ARSON NOIARvpUBIIC-MINNESOTA My Commission Expires ` January 31.2022 r F59 ..p,.male•nq,.yy...w.pA"�i..... �on.yxrrr Notary Public Hennepin County, Minnesota My commission expires 1/31/2022 Travelers Casualty and Surety Company of America AIM Travelers Casualty and Surety Company TRAVELERS J St. Paul Fire and Marine Insurance Company 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 John E. Tauer ofMINNEAPOLIS Minnesota their true and lawful Attorney -in -Fact to sign, execute, seal and 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. IN WITNESS WHEREOF, the Companies have caused this instrument to be signed, and their corporate seals to be hereto affixed, this 3rd day of February, 2017. NW..% 0,fit TNr„�-817y�a w � 3 IIARTFD ^ HARTFORD, OM 4R COP! �' e � 0000NN. o � 3(AL State of Connecticut City of Hartford ss. By 6 Robert L. Raney, Se or Vice President On this the 3rd day of February, 2017, before me personally appeared Robert L. Raney, who acknowledged himself to be the Senior Vice President of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine Insurance Company, and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. In Witness Whereof, I hereunto set my hand and official seal. p.T� My Commission expires the 30th day of June, 2021 7AA ��A R' ('. tcq * ��o * Marie C. Tetreault, Notary Public MY This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine Insurance Company, which resolutions are now in full force and effect, reading as follows: RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attorneys -in -Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her; and it is FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary; and it is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attorneys -in -Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority; and it is FURTHER RESOLVED, that the signature of each of the following officers: President, any Executive Vice President, any Senior Vice President, any Vice President, any Assistant Vice President, any Secretary, any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Resident Vice Presidents, Resident Assistant Secretaries or Attorneys -in -Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respect to any bond or understanding to which it is attached. I, Kevin E. Hughes, the undersigned, Assistant Secretary of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine Insurance Company, 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 21st day of September 2018 }�6U9v N l (Ty�Q OJP,.tY A%e J HR4YiSbR'� ;1 a HARTFORD, � b'>�R. Kevin E. Hughes, Assi tant Secretary To verify the authenticity of this Power ofAttorney, please call us at 1-800-421-3880. Please refer to the above -named Attorney -in -Fact and the details of the bond to which the power is attached.