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WebLinkAboutS_Bond_Release_Letter_Tiffany_Park_C17001184_170824DenisLawMayorAugust24,2017MainvueWALLC1110112thAvenueNE,Suite202Bellevue,WA98004Community&EconomicDevelopmentC.E.‘Chip”Vincent,AdministratorSUBjECT:DearSirorMadam:RELEASEOFPOWEROFATTORNEYANDPERMITBOND#PB03283300032ALLURAATTIFFANYPARKAKARESERVEATTIFFANYPARKUTILITYPERMIT#C17001184ThisletterwillserveasauthorizationtoreleasethePowerofAttorneyfromthePhiladelphiaIndemnityInsuranceCompanyandPermitBond#PB03283300032issuedtoMainvueWALLConMay30,2017intheamountof$222,606.38.TheseitemswerepostedtotheCityofRentononbehalfoftheAlluraatTiffanyParkproject.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheprojectmanager,AnnFowlerat(425)430-7382.Sincerely,JenniferHenningPlanningDirectorEnclosure(s):PhiladelphiaIndemnityInsurancecompanyPowerofAttorneyPermitBond#PB03283300032cc:AnnFowler,DevelopmentEngineeringProjectManagerBrianneBannwarth,DevelopmentEngineeringManager1055SouthGradyWay,Renton,WA98057•rentonwa.gov PrintFormResetFormSaveFormANDECONOMKDEVELOPMENT—Renton0PERMITBONDBondNumber:P803283300032ProjectName:AlluraatTiffanyParkKNOWALLMENBYTHESEPRESENT;thatweMainvueWALLCofBellevue,WAasPrincipal,andPhiladelphiaIndemnityInsuranceCompanyaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof$222,606.38lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofkentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodendingMay30th2018NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofkenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofkenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheliabilityunderthisbondisforaperiodofoneyearfromMay30th2017toMay30th2016andmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithoursealsanddatedthis30thdayofMay,2017BY:BY:-—-Applicant’sSignatureSigiTti?gg.ntinflentAttachPowerofAttorneyFormtoBond1110112thAveNESuite202Includecontactinformation.Applicant’sAddressBrianDaniels,attorney-in-factPhiladelphiaIndemnityInsuranceCompanyBellevue,WA9800414205thAye,Suite3510Seattle,WA98101City,State,Zip206-607-3340H:\CED\Data\Forms-Templates\seIf-HeIpHandouts\PubIicWorks\PERMITBOND.docxRev:04/2015 PIIILAI)ELI’IIIAINI)ENINITYINSURANCECOMPANYOneBalaPlaza,Suite100BalaCynwyd,PA19004-0950PowerofAtiorneyKNOWALLPERSONSBYTHESEPRESENTS:ThatPhILADELPhIAINDEMNITYINSURANCECOMPANY(theCompany),acorporationorganizedandexistingunderthelawsoftheCommonwealthufPennsylvania,doesherebyconstituteandappointllrianDaniels.itstrueandlawfulAttorney-in-factwithfull:tutltorttytoexecuteonitsbehalfbonds,undertakings,recognizaneesandothercontractsofindemnityandwritingsobligatoryintimnature(hereof,issuedinthecourseofitsbusinessandtobinddieCompanythereby,inanamountnottoexceedUNlIMITED.[hisPowerofAttorneyisgrantedandissignedandsealedbyfacsimileunderandbytheauthorityofthefollowingResolutionadoptedbytheBoardofDirectorsofPhIILADELPHIAINDEMNITYINSURANCECOMPANYonthe14aofNovember,2016.RESOLVED:ThattheBoardofDirectorsherebyauthorizesthePresidentoranyVicePresidentof(lieCompany:(I)AppointAttomey(s)inFactandauthorizetheAttomcy(s)inFacttoexecuteonbehalfoftheCompanybondsandundertakinos,contractsofindemnityandotherwritinusobligatoninlhenaturethereofandloattachthesealoftheCompanythereto:and(2)toremove,atanytime,anysuchAttorney-in-Factandrevoketheauthoritygiven.And,beitFt’RIhERRESOLVED:ThatthesionaturesofsuchofficersandthesealoftheCompanymaybeaffixedtoanysuchPowerofAttorneyorcertificaterelatingtheretobyfacsimile,andanysuchPowerofAttorneysoexecutedandcertifiedbyfacsimilesignaturesandfacsimilesealshallbevalidandbindingupontheCompanyinthefuturewithrespecttoanybondorundertaingtowltichiitisattached.INTESTIMONYWIIEREOF,PHILADELPIIIAINDEMNITYINSURANCECOMPANYHASCAUSEDTHISINSTRUMENTTOBESIGNEDANDITSCORPORATESEALTOBEAFFIXEDBYITSAUTHORIZEDOFFICETHISI4’DAYOFNOVEMBER.2016.1927’a(Seal)RobertD.O’LearyJr.,President&CEOPhiladelphiaIndemnityInsuranceCompanyOntltis141:.dayofNoventher,2016,beforemecametheindividualwhoexecutedthepreeedictinstrument,tomepersonallyknown,andbeingbymedulyswornsaidthatIteisthetltereindescribedandautltorizedofficeroitheI’IIILkDELI’IIIAINDEMNIFYINSURANCECOMI’ANY:thattitesealaffixedtosaidittstwmentistheCorporatesealolsaidCompany;thatthesaidCorporateSealandhissignature“crcdulyaffixed.COHHMWU4,ThPPEflSVtV&NtAIl.’sl—I(,li*itt,flanryPsztnt,Wit,ifl,H2r1zT4caayMy‘IIt,ttass,2ttt{NotaryPublic:.——residingat:BalaCynwydj’A——- _ _ ____ _ _ ___(NotarySeal)Mycommissionexpires:Januan2W8———I,EdwardSayago,CorporateSecretaryofPHILADELPHIAINDEMNITYINSURANCECOMI5ANY,doherbycertifythattheforegoingresolutionofthteBoardofDirectorsandthisPowerofAttorneyissuedpursuanttheretoonthis140dayofNovember,2016aretrueandcorrectandurestillinfullforceandeffect.IdofurthercertifythatRobertD.O’LearyJr.,whoexecutedthePowerofAttorneyasPresident,wasonthedateofexecutionoftheattachedPowerofAttorneythedulyelectedPresidentofP[IILADELPIIIAINDEMNITYINSURANCECOMPANY,InTestimonyWhereofIhavest,bscribcdmynameandaffixedthefacsimilesealofeachCompanythisdayof1’’,20I‘I927:EdwardSayago,CorporateSecretaryPIIILADELPIIIAINDFMNIT\INStJIflNCLCONIP4N\—“I•