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HomeMy WebLinkAboutS_Permit_Bond_SAIFSU0719068_Firestone_C17001068.pdfDEPARTMENT OF COMMUNITY a� AND ECONOMIC DEVELOPMENT PERMIT BOND Bond Number: SAIFSU 0719068 Project Name: Renton Firestone KNOW ALL MEN BY THESE PRESENT; that we RPI Skippers, LLC of 2618 2nd Ave. Seattle. WA 98121 as Principal, and International Fidelity Insurance Company a Corporation, as Surety, are held and firmly bound unto the City of Renton, a municipal corporation of the State of Washington, in the sum of $ 218,351.65 Two Hundred Eighteen Thousand Three Hundred Fifty One Dollars and 65/100 lawful money of the United States of America, for the payment of which, will and truly to be made, we firmly bind ourselves, and each of our heirs, executors, administrators and assigns, jointly and severally by these present. THE CONDITION OF THE FOREGOING OBLIGATIONS IS SUCH, that WHEREAS, the above named Principal has applied for a permit, pursuant to the provisions of Ordinance No. 3205, to do certain work on a City of Renton roadway, street, alley, avenue, or other public place, during a period ending September 1, 2018 NOW THEREFORE, if the above named Principal shall indemnify and save harmless the City of Renton, from all claims, actions or damages of every kind and description, which may accrue as a result of opening and/or working upon a roadway, street, alley, avenue, public easement, or other public place, by him or those in his employ, in installing or making connections with any public or private sewer or water system, or any other purpose or object whatever, and that he will replace and restore such roadway, street, avenue, alley or other public place to as good a state or condition as at the time of the commencement of said work, and maintain the same in good order to the decided satisfaction of the City of Renton, and that he will comply with all provisions of his or their franchise of our permit and all resolutions or instruments relating thereto, this obligation to be void; otherwise to remain in full force and effect. The liability under this bond is for a period of one year from September 1, 2017 to September 1, 2018 and may be extended by the surety issuing a Continuation Certificate. Sealed with our seals and dated this 29th day of August 2017 RPI Skippers, LLC / International Fidelity Insurance C pany BY: N BY: Applicant's Signa re nature of Bonding Agent 2618 2nd Ave Applicant's Address Seattle, WA 98121 City, State, Zip Attach Power of Attorney Form to Bond Include contact information. Luisa Thom , Attorney -in -Fact Rev:04/2015 POWER OF ATTORNEY INTERNATIONAL FIDELITY INSURANCE COMPANY ALLEGHENY CASUALTY COMPANY One Newark Center, 201' Floor, Newark, New Jersey 07102-5207 PHONE: (973) 624-7200 Bond# SAIFSU 0719068 Principal RPI Skippers, LLC Obligee Citv of Renton KNOW ALL MEN BY THESE PRESENTS: That INTERNATIONAL FIDELITY INSURANCE COMPANY, a corporation organized and existing under the laws of the State of New Jersey, and ALLEGHENY CASUALTY COMPANY a corporation organized and existing under the laws of the State of New Jersey, having their principal office in the City of Newark, New Jersey, do hereby constitute and appoint Luisa Thom their true and lawful attomay-in-fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of Indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required or permitted by law, statute, rule, regulation, contract or otherwise, and the execution of such instrument(s) in pursuance of these presents, shall be as binding upon the said INTERNATIONAL FIDELITY INSURANCE COMPANY and ALLEGHENY CASUALTY COMPANY, as fully and amply, to all intents and purposes, as if the same had been duly executed and acknowledged by their regularly elected officers at their principal offices. This Power of Attorney is executed, and may be revoked, pursuant to and by authority of the By -Laws of INTERNATIONAL FIDELITY INSURANCE COMPANY and ALLEGHENY CASUALTY COMPANY and is granted under and by authority of the following resolution adopted by the Board of Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting duly held on the 20th day of July, 2010 and by the Board of Directors of ALLEGHENY CASUALTY COMPANY at a meeting duly held on the 10th day of July, 2015: "RESOLVED, that (1) the Chief Executive Officer, President, Executive Vice President, Vice President, or Secretary of the Corporation shall have the power to appoint, and to revoke the appointments of, Attorneys -in -Fact or agents with power and authority as defined or limited in their respective powers of attorney, and to execute on behalf of the Corporation and affix the Corporation's seal thereto, bonds, undertakings, recognizences, contracts of indemnity and other written obligations in the nature thereof or related thereto; and (2) any such Officers of the Corporation may appoint and revoke the appointments of joint -control custodians, agents for acceptance of process, and Attorneys -in -fact with authority to execute waivers and consents on behalf of the Corporation; and (3) the signature of any such Officer of the Corporation and the Corporation's seal may be affixed by facsimile to any power of attorney or certification given for the execution of any bond, undertaking, recognizance, contract of indemnity or other written obligation in the nature thereof or related thereto, such signature and seals when so used whether heretofore or hereafter, being hereby adopted by the Corporation as the original signature of such officer and the original seal of the Corporation, to be valid and binding upon the Corporation with the same force and effect as though manually affixed.' IN WITNESS WHEREOF, INTERNATIONAL FIDELITY INSURANCE COMPANY and ALLEGHENY CASUALTY COMPANY have each executed and attested these presents i�Y fy on this 29th dayof August, 2017. CASUAL STATE OF NEW JERSEY �y TyC'p oy0 SEAM*, County of Essex z � 1904 1936 Robert W. Minster •,�" Chief Executive Officer (International Fidelity Insurance Company) and President (Allegheny Casualty Company) N�1r J7~R5� On this 29th day of August, 2017 , before me came the individual who executed the preceding instrument, to me personally known, and, being by me duly sworn, said he is the therein described and authorized officer of INTERNATIONAL FIDELITY INSURANCE COMPANY and of ALLEGHENY CASUALTY COMPANY; that the seals affixed to said instrument are the Corporate Seals of said Companies; that the said Corporate Seals and his signature were duly affixed by order of the Boards of Directors of said Companies. ••�.•''''��������"�� IN TESTIMONY WHEREOF, I have hereunto set my hand affixed my Official Seal, at the City of Newark, GPtAy �salo, RGA New Jersey the day and year first above written. N NOTARY�4�� � r • � m : C iib Sg PUBLIC �: Z -'• g •� Cathy Cruz a Notary Public of New Jersey �',9 •' ...... �C,`• My Commission Expires April 16, 2019 01FNEW �.1.•`• CERTIFICATION I, the undersigned officer of INTERNATIONAL FIDELITY INSURANCE COMPANY and ALLEGHENY CASUALTY COMPANY do hereby certify that I have compared the foregoing copy of the Power of Attorney and affidavit, and the copy of the Sections of the By -Laws of said Companies as set forth in said Power of Attorney, with the originals on file In the home of said companies, and that the same are correct transcripts thereof, and of the whole of the said originals, and that the said Power of Attorney has not been revoked and Is now in full force and effect. IN TESTIMONY WHEREOF, I have hereunto set my hand this 29th day of August, 2017. Maria H. Branco, Assistant Secretary