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HomeMy WebLinkAboutMaintenance BondANDECONOMICDEVELOPMENT---“RentonMAINTENANCEBONDBondNumber:PB01649700589ProjectName:Vaughn(BrennanLanding)ShortPlatKNOWALLMENBYTHESEPRESENT;thatweMainVueWALLCasPrincipal,andPhiladelphiaIndemnityInsuranceCompanyacorporationorganizedandexistingundertheLawsoftheStateofPennsylvaniaSuretyareheldandfirmlybounduntoTHECITYOFRENTONasObligee,inthetotalsumofseventyseventhousandonehundredseventynine&80/100($77179.80)dollars,forthepaymentofwhich,wellandtrulytobemade,theexecutors,administrators,successorsandassigns,jointlyandseverally,firmbythesepresent:For:Maintenanceofpublicroads,publicandprivatelandscaping,drainagefacilitiesandotherpublicimprovements.NOWTHEREFORETHECONDITIONOFTHISOBLIGATIONISSUCH,ThatifthePrincipalshallmaintainandremedysaidworkfreefromdefectsinmaterialsandworkmanshipforaperiodoftwo(2)yearsfollowingcompletion,thenthisobligationshallbevoidotherwiseshallremaininfullforceandeffect.SIGNED,SEALEDANDDATEDthis12thDAYOFJuly,2023MainVüWALLPhiJelphiaIndemnityInsureCompanyApplicant’sSignatureSinaureofBondingAgentizabethR.HahnAttorney-in-Fact__________________________Parker,Smith&FeekApplicant’sName(Print)NameofBondingAgent&Company(Print)1213rdAve2233ll2thAveNEAddressAddress4I)‘vKIrkland,VVA98033BellevueWA98004/(425)7093600‘City,State,ZipCity,State,Zip&PhoneAttachPowerofAttorneyFormandMaintenance&DefectAgreementtoBondH:\CED\Data\Forms-Templates\Self-HeIpHandouts\DevelopmentEngineering\MAINTENANCEBOND.docxRev:02/2018 PHILADELPHIAIXDEMNtTYINSURANCECOMPANVOncBalaPlaza,SuiteIOUBalaCynwyd,PA19004-0950PowerofAttorneyKNOWALLPERSONSBYTHESEPRESENTS:ThatPhILADELPHIAINDEMNITYINSURANCECOMPANY(theCompany).acorporationorganizedandexistingunderthelawsoftheCommonwealthofPennsylvania,doesherebyconstituteandappointDeannaM.French,ElizabethR.Hahn,GuyArmfleld,JanaM.Roy,.IohnR.Claeys,Marie1.Matetich,MmdccL.Rankin,RogerKakcnhach,RonaldJ.Lanee,SandyL.Boawell,ScottFisher,ScottMcGilvray,SusanB.Larson.NicholasFredrickson.AndrewP.Larsen.ScottGarcia.ChartaM.Boadle,AlecGumpfer.KatelvnCooper.AndrewKerstake,SharonPope,JenniferU.BarratandDerekSaboofParker,Smith&FeekInsurance,LLC,itstrueandlawfulAttorney-tn-factwithMlauthoritytoexecuteonitsbehalfbonds,undertakings.recognizancesandothercontractsofindemnityandwritingsobligatoryinthenaturetlicreofissuedinthecourseofitsbusinessandtobindtheCompanythereby,inanamountnottoexceed$50,000,000.ThisPowerofAttorneyisgrantedandissignedandscaledbyfacsimileunderandbytheauthorityofthefollowingResolutionadoptedbytheBoardofDirectorsofPHILADELPFIIAINDEMNITYINSURANCECOMPANYonthel4ofNovember.2016.RESOLVED:ThattheBoardofDirectorsherebyauthori7estheI’rcsidentoranyVicePresidentoftheCompany:(I)AppointAttorney(s)inFactandauthorizetheAttorney(s)inFacttoexecuteonbehalfoftheCompanybondsandundertakings,contractsofindemnityatidothertvntttigsobligatoryinthenaturethereofatidtoattachthesealoftheCompanythereto;and(2)toremove,atanytime,anysuchAttorney-in-Factandrevoketheauthoritygiven.And.beitFURTHERRESOLVED:Thatthesignaturesof’suchofficersandthesealoftheCornpanymaybeaffixedtoanysuchPowerofAttorneyorcertificaterelatingtheretobyfacsimile,andanysuchPowerofAttorneysoexecutedandcertifiedbyfacsimilesignaturesandfacsimilesealshallbevalidandbindingupontheCompanyinthefuturewithrespecttoanybondorundertakingtowhichitisattached.INTESTIMONYWHEREOF.PHILADELPHIAINDEMNITYINSURANCECOMPANYHASCAUSEDTHIS[NSTRIJMENTTOBESIGNEDANDITSCORPORATESEALTOBEAFFIXEDBYITSAUTHORIZEDOFFICETHIS5TI-IDAYOFMARCI-I,2021.(Seal)-WLtCJohGlontbPredent&CFOPhiladelphiaIndemnityInsuranceCompanyOnthis5dayofMarch,2021belbremecametheindividualwhoexectitedtheprecedinginstrument,tomepersonallyknown,andbeingbymedulyswornsaidthatheisthethereindescribedandauthorizedofficerofthePHILADELPHIAINDEMNITYINSURANCECOMPANY;thatthesealaffixedtosaidinstrumentistheCorporatesealofsaidCompany;thatthesaidCorporateSealandhissignatureweredulyaffixed.NotaryPublic:ICommonwealthofPannsyisanla-NotarySeal‘.7cz_ya.i.cvyyiC4(’,an,_,..,_,.ja.VanasseMckenzie.NolatyPublicIMontgomeryCounlyMycommIssionexpiresNovember3.2024L__%otflmssionnumber1366394MemberP5vntygo-AmsocaionofN5irOsresidingatflalaCynwyd,PAMycommissionexpires.November3,2024I,EdwardSayago,CorporateSecretaryofPHILADELPHIAINDEMNITYtNSURANCECOMPANY,doherebycertifythattheforegoingresoltttionoftheBoardofDirectorsandthePowerofAttorneyissuedpursuanttheretoonthe5hdayMarch,2021aretrueandcorrectandarestillinfullforceandeffect.IdofurthercertifythatJohnGlomb,whoexecutedthePowerofAttorneyasPresident,wasonthedateofexecutionoftheattachedPosverofAttorneythedulyelectedPresidentofPHILADELPHIAINDEMNITYINSURANCECOMPANY.InTestimonyWhereofIhavesubscribedmynameandaffixedthefacsimilesealofeachCompanythis12thdayofJuly,20231927-EdwardSayago,CorporateSecretaryPHILADELPHIAINDEMNITYINSURANCECOMPANY