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WebLinkAboutS_Release_Letter_Permit_Bond_759356S_180420DenisLawMayorCommunity&EconomicDevelopmentC.E.thip”Vincent,AdministratorApril20,2018GeorgeHeffnerHarbourHomes,LLC400N34tbStreet,Suite300Seattle,WA98103SUBJECT:RELEASEOFPOWEROFAHORNEYANDPERMITBOND#7593565VUECRESTIISHORTPLATIUTILITYPERMIT#U15007232DearMr.Heffner:ThisletteristoconfirmthattheCityha5receivedthetwo-yearmaintenance5uretyintheformofaMaintenanceBond#7593565-1intheamountof$99,666.88andthemaintenanceanddefectagreementonApril18,2018whichsecuresthesuccessfulmaintenanceandoperationoftherequiredimprovementsfortheabovereferencedproject.Accordingly,thisletterwillalsoserveasauthorizationtoreleasethePowerofAttorneyfromDevelopersSuretyandIndemnityCompanyand7593565issuedtoHarbourHomes,LLConAugust15,2016intheamountof$782,929.00.TheseitemswerepostedtotheCityofRentononbehalfoftheVuecrestIIShortPlatproject.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheprojectmanager,RohiniNairat(425)430-7298.Sincerely,enniferHenningPlanningDirectorEnclosure(s):DeveloperssuretyandIndemnityCompanyPowerofAttorneyPermitBond#7593565cc:RohiniNair,DevelopmentEngineeringProjectManagerBrianneBannwarth,DevelopmentEngineeringManager1055SouthGradyWay,Renton,WA980S7rentonwa.gov IPrintFonnIResetFormSaveFormCRYOFJT0PERMITBONDBondNumber:759356SProjectName:VuecrestII-U15007232KNOWALLMENBYTHESEPRESENT;thatweHarbourHomes,LLCofSeattle,WAasPrincipal,andDevelopersSuretyandIndemnityCompanyaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof$$782,929.00lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONS15SUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovislon5ofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,streetalley,avenue,orotherpublicplace,duringaperiodendingAugust15,2017NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,inInstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheliabilityunderthisbondisforaperiodofoneyearfromAugust15,2016toAugust15,2017andmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithoursealsan&datedthis15thdayofAugust2016HarbourHomes,LLC,DopersSuretyandIndemCompanyBY:L/4—(fri;)BY:J%A?%frttr_Applicant’sSignatureGeorgeNeffnerinatureofBondingAgentAuorIr1-FaAttachPowerofAttorneyFormtoBond400N.34thStreetSuite300Includecontactinformation.Applicant’sAddressSeattle,WA98103City,State,ZipH:\CED\Data\Forms-TempItes\Seif’HeIpHandouts\PubIicWorks\PERMITBONO.docxRev:04/2015 POWEROFATTORNEYFORDEVELOPERSSURETYANDINDEMNITYCOMPANYINDEMNITYCOMPANYOFCALIFORNIAP0Box19725.!RVNE,CA92623(949)263-3330KNOWALLBYThESEPRESENTSthatexceptasexpresslyIimfted,DEVELOPERSSURETYANDINDEMNITYCOMPANYandINDEMMWCOMPANYOFCALIFORNIA,doeachherebymake.consttuteandappoint“JanaM.Roy,GuyP.Armfield,ScottMcGilvray,JillA.Boyle,ElizabethR.Hahn,SusanB.Larson.ScottFisher,DeannaM.French,RogerKaltenbach,RonaldJ.Lange,MindeeL.Rankin,JohnR.Claeys.jointlyorseverally***astheirtrueandlawfulAttorney(s)-in-Fact,tomake,execute,deliverandacknowledge,forandonbehalfofsaidcorporations,assureties,bonds,undertakingsandcontractsatsuretyshipgivingandgrantinguntosaidAttorney(s)-in-Factfullpowerandauthoritytodoandtoperformeveryactnecessary,requisiteorpropertobedoneinconnectiontherewithaseachofsaidcorporationscoulddo]butreservingtoeachofsaidcorporationslullpowerofsubstitutionandrevocation,andalloftheactsofsaidAttorney(s)-in-Fact,pursuanttothesepresents,areherebyratifiedandconfirmed.ThisPowerofAttorneyisgrantedandissignedbyfacsimileunderandbyauthorityofthefollowingresolutionsadoptedbytherespectiveBoardsofDirectorsofDEVELOPERSSURETYANDINDEMNITYCOMPANYandINDEMNITYCOMPANYOFCALIFORNIA,effectiveasofJanuary1st,2008.RESOLVED,thatacombinationofanytwooftheChairmanoftheBoard]thePresident,ExecutiveVice-President,SeniorVice-PresidentoranyVicePresidentofthecorporationsbe,andthateachofthemherebyis,authorizedtoexecutethisPowerofAttorney]qualifyingtheattorney(s)namedinthePowerofAtlorneytoexecute,onbehalfofthecorporations,bonds,undertakingsandcontractsofsuretyship:andthattheSecretaryoranyAssistantSecretaryofeitherofthecorporationsbe,andeachofthemherebyis,authorizedtoane&theexecuthnofanysuchPowerofAttorney:RESOLVED,FURTHER.thatthesgraturesofsuciofficersmaybeaffxedtoanysuchPowerofAttorneyortoanycettticaterelatigthererobyfamiIe,andanysuchPowerofAttorneyorcertitcafebeanngsuchfacsimilesignaturesshallbevaiidandbinoingupontnecorporationswhensoaffixedandinthefuturewithrespecttoanybond]undertakingorcontractofsuretyshiptowhichitisattached.INWiTNESSWHEREOF,DEVELOPERSSURETYANDINDEVNITYCOMFANYandINDEMNITYCOMPANYOFCAUFORNIAhaveseveraycausedthesepresentstobesignedbytheirrespectiveofficersandattestedbytheirrespectveSecretarjcrAssistantSeaEtarythist8thdayofApril]2016.By:__DanielYoung,SeniorVice-PresidentptBy:__MarkLansdon,Vice-PresidentAnotarypublicorotherofficercompletingthiscertificaleverifiesonlytheidentityoftheindividualwhosignedthedocumenttowhichthiscertificateisattached,andnotthetruthfulness,accuracy,orvalidityofthaidocument.StateofCaliforn:aCountyofOrangeOn-hpPhlB.2016beforeme- -LucitleRaymond,NotarvPublic—-OeFi8eir5edNrtwdTrwciitorcorpersonayappeared—DartielYourgandMarkLansdcnWaxxelxlofsiynerlrIwhoprovedtomeonthebasisofsatisfactoryevidencetobetheperson(s)whosename(s)is/aresubscribedtothewithininstrumentandacknowledgedtomethathe/she/theyexecutedthesameinhis/her/theirauthonzedcapacity(ies),andthatbyhis/her/theirsignature(s)ontheinstrumenttheperson(s),ortheentityuponbehalfofLUCILLERAYMONDwhichtheperson(s)acted,executedtheinstrument]—Commission02081945aNotaryPublic-CaliforniaIcertifyunderPENALTYOFPERJURYunderthelawsoftheStateofCaliforniathattheforegoingparagraphis2OrangeCounty—trueandcorrect]MyComm.ExpIresOct13,2018S——I.-—WITNESSmyhandandofficialseal]Pta:eNotarySealAboveSignatjre—CERTIFICATETheundersned,asSecreta-yorAssistantSecretaryofDEVELOPERSSURETYANDNDEMNITYCOMPANYorINDEMNITYCOMPANYOFCALIFORNIA]doesherebycerttythattheforegoingPowerofAromeyremainsinfullforceandhasnotbeenrevokedand.furthermore,fiattheprovisionsofthereso!uticnsoftherespeCiveBoardsofDirectorsofsaidcorporationssetforthinhePowerofAttorneyareinforceasofthedateofthisCertficateThisCertificateisexecutedintheCityofIrvine,California,thisç’dayof,4tAq’-A4r.2—cI&By:CassieJCfrrrisfordAssistantSetaryID-i380(Rev.04/16)