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WebLinkAboutS_Permit_Bond_PB03283300059_C17004253_190129CITYOFANDECONOMICDEVELOPMENT—“Renton0PERMITBONDBondNumber:PB03283300059ProjectName:AlluraatTiffanyParkKNOWALLMENBYTHESEPRESENT;thatweMainvueWALLCofBellevue,WAasPrincipal,andPhiladelphiaIndemnityInsuranceCompanyaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof561,783.75lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodendingJanuary22nd.2021NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheliabilityunderthisbondisforaperiodoftwoyearsfromJanualy22nd,2019toJanuary22nd,2021andmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithoursealsanddatedthis22nddayofJanuary,BY:.,CctttWBY:(buatUtAlicantsSignatureJanelleResseguie(Attorney-In-Fact)E-Mail:Janelle.Resseguie@Phly.com(IzttAijeAJbjq2-.1Koo4-SignatureofBondingAgentAttachPowerofAttorneyFormtoBondIncludecontactinformation.1110Applicant’sAddress&Jevue,WñCity,State,ZipH;\cEO\Data\Forms-Templates\self-HeIpHandouts\DevelopmentEngineering\PERMITBONDdocxRev:02/2018 PHII..ADELPIIIAINIJEMNITYINSLIRANCECOMI’ANYOneBalaPlaza,Suite100BelaCynwyd,PA19004-0950KNOWALLPERSONSBYTHESEPRESENTS:ThatPHILADELPHIAINDEMNITYINSURANCECOMPANY(theCompany),acorporationorganizedandexistingunderthelawsoftheCommonwealthofPennsylvania,doesherebyconstituteandappointJanelleResseeuieitstrueandlawfulAttorney-in-factwithfullauthoritytoexecuteonitsbehalfbonds,undertakings,recognizancesandothercontractsofindemnityandwritingsobligatoryinthenaturethereof,issuedinthecourseofitsbusinessandtobindtheCompanythereby,inanamountnottoexceedUNLIMITED,ThisPoserofAttorneyisgrantedandissignedandsealedbyfacsimileunderandbytheauthorityofthefollowingResolutionadoptedbytheBoardofDirectorsofPHILADELPHIAINDEMNITYINSURANCECOMPANYontheI4ofNovember,20l6RESOLVED,ThatdieBoardofDirectorsherebyauthorizesthePresidentoranyVicePresidentoftheCompany:(I)AppointAttorney(s)inFactandauthorizetheAttorney(s)inFacttoexecuteonbehalfoftheCompanybondsandundertakings,contractsofindemnityandotherwritingsoblioaloryintilenaturethereofandtoattachthesealoftheCompanythereto;and(2)toremove,atanylime,anysuchAttorney-in-Factandrevoketheauihoritygiven,And,beitThatthesignaturesnfsuchofficersandthesealoftheCompanymaybeaffixedtoanysuchPowerofAttorneyorcertificaterelatingtheretobyfacsimile,andanysuchPowerofAttorneysoexecutedandcertifiedbyfacsimilesignaturesandfacsimilesealshallbevalidandbindingupontheCompanyinthefuturewithrespecttoanybondorundertakingtowhichitisattached.tI927.W:tOt’j..:‘:t59555,SRobertU.O’LearyJr.,President&CEOPhiladelphiaIndemnityinsuranceCompanyOnthisdayofOctober,2017beforemecametheindividuolwhoexecuteddieprecedinginstrument,tomepersonallyknown,andbeingbymedulyswornsaidthatheisthethereindescribedandauthorizedofficerofthePIIILADELPHIAINDEMNITYINSURANCECOMPANY;thatthesealaffixedtosaidinstrumentistheCorporatesealofsaidCompany:ItiattimsaidCorporateSeaiandhissignatureweredulyaffixed.cO,no.flAnQfflW’tvM44INOT&ALAJ.I°‘9”’afl,N.4i’,P.S,I1w..’,ce,e,Dana.,.,naDirp.fl’L3t*II,EdwardSayago.CorporateSecreca,qofPF’IILADELPHIAINDEMNITYINSURANCECOMPANY,doherebycertifythattheforegoingresolutionoftheBoardofDirectorsandthePowerofAttorneyissuedpursuanttheretoonthe27thdayofOctober.2017aretrueandcorrectandarestillinfullforceandeffect.IdofurthercertifythatRobertU.O’Lcan’Jr.,whoexecutedthePowerofAttorneyasPresident.wasonthedateofexecutionoftheattachedPowerofAttorneythedulyelectedPresidentofPHILADELPHIAINDEMNITYINSURANCECOMPANY.InTestimonyWhereofIhavesubscribedmynameandaffixedthefacsimilesealofeachCompanythis22”’dayofJnntiaiv_211121927EdwardSayago,CorporateSecretaryPHILADELPIIIAINDEMNI’I’YINStIRANCECOMPANY*PowerofAttorneyFURTIIERRESOLVED:INTESTIMONYWHEREOF,PHILADELPHIAINDEMNITYINSURANCECOMPANYHASCAUSEDTHISINSTRUMENTTOBESIGNEDANDITSCORPORATESEALTOBEAFFIXEDBYITSAUTHORIZEDOFFICETHIS27n1DAYOFOCTOBER,2017.(Seal)(Nntan’Seal)Notan’Public:residingat:Mycommissionexpires:BelaCvnwyd,PASeptember25.2021a