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HomeMy WebLinkAboutS_Permit_Bond_1001075225_U16001849_171120.pdfI’rinIFormHetetloonSavePuni,CJT—RentonCPERMITBONDGondNumber:1001075225ProjectName:AsianRestaurantAdditionKNOWALLMENBYTHESEPRESEr%TthatNewlanInvestments,LLCMedina,WAasPrincipal,andAmericanContractorsIndemnityCompanyaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof25505700_____ _ _ _ _ _ _ _ ____________ _ _ _ _lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhch,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodending0810112018NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmIestheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alleyavenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,ininstallIngormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,Street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsadwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.Theliabilityunderthisbondisforaperiodcloneyearfrom11/20/2017-—to11/20/2018andnaybeextendedbythesuretyissuingaContinuationCvrtifcatr’.BY’L;_____________Applicant’sSign5hiresiobtureofBondingAgentAttachPowerofAttorneyFormtoBondIncludecontactinformation.ofSealedwithoursealsanddatedthis20thdayofNovember,20172531BroadwayApplicant’sAddressEverettWA98201City,State,ZipJohnMBrowninsuranceAgencyinc.JohnMBrown760NorthFranklin,Suite206Chicago,iliinois60664212.678-2372ii\CED\Dat.,\,jrir.,iL’’m,i:ii,’s\Scii‘Ht’rJH,i”dut’is\FubI’,.Work,NFERMlTBONDductRev:i4/2UTh POWEROFATTORNEYAMERICANCONTRACTORSINDEMNITYCOMPANYTEXASBONDINGCOMPANYUNITEDSTATESSURETYCOMPANYU.S.SPECIALTYINSURANCECOMPANYKNOWALLMENBYTHESEPRESENTS:ThatAmericanContractorsIndemnityCompany,aCaliforniacorporation,TexasBondIngCompany,anassumednameofAmericanContractorsIndemnityCompany,UnitedStatesSuretyCompany,aMarylandcorporationandU.S.SpecialtyInsuranceColnpany,aTexascorporation(collectively,the“Companies”),dobythesepresentsmake,constttuleandappoint:JohnM.BrownofChicago,IllinoisitstrueandlawfulAttorney(s)-in-fact,eachintheirseparatecapacityifmorethanoneisnamedabove,withMlpowerandauthorityherebyconferredinitsname,placeandstead,toexecute,acknowledgeanddeliveranyandallbonds,recognizances,undertakingsorotherinstrumentsorcontractsofsuretyshiptoincluderiders,amendments,andconsentsofsurety,providingthebondpenaltydoesnotexceed*****ThreeMillion*****Dollars(S**3,000,000.oo**).ThisPowerofAttorneyshallexpirewithoutfurtheractiononNovember3,2019.ThisPowerofAttorneyisgrantedunderandbyauthorityofthefollowingresolutionsadoptedbytheBoardsofDirectorsoftheCompanies:Bc’iiResolved,thatthePresident,anyVice-President.anyAssistantVice-President,anySecretaryoranyAssistantSecretaryshallbcandisherebyvestedwithfttllpowerandattthoritytoappointanyoneormoresuitablepersonsasAttorney(s)-in-FacttorepresetitandactforandonbehalfoftheCompanysubjecttothefollowingprovisions:Alu,,7wv-in-Fcatmaybegivenfullpowerandattthtoriiyliarandit,theoatneofandonbehtalfoftheCompany,toexecute,acknowledgeanddeliver,anyandallbonds,recognizances,eontracLs,agreementsorindeosnityandotherconditionalorobligahuryundertakings,includinganyandallconsentsforthereleaseofretainedpercer.tagesmid-orfinalestimatesoncnginceringandconscruetioticontracts.ar.danyandallnoticesanddocumentscaneclingortenninatingthe(‘ompanysliabilitytltereunder,andanysuchinstmtiicntssoexecutedbyanysuchAttorney-in-FactshallbebindineupontheCompanyasifsignedbythePresidentandscaledandeffectedbytheCorporateSecretary.ReUBesot,cd.thatthesignatureofanyattthorizedofficerandsealoftheCompanyheretoforeorhereafteraffixedtoanypowerofattorneyoranycertificaterelatingtheretobyfacsimile,andaitypowerofattomcyorcertificatebearingfacsimilesignatureorfacsimilesealshallbevalidattdbindingupontheCompanywithrespecttoanybondorttndertakingtowhichitisattached.INWITNESSWHEREOF,The(‘ompanieshavecausedthisinstrumenltobesignedandtheircorporatesealstobeheretoaffixed,this1stdayofNovember,2016.AMERICANCONTRACTORSINDEMNITYCOMPANYTEXASBONDINGCOMPANYUNITEDSTATESSURETYCOMPANYU.S.SPECIALTYINSURANCECOMPANYCorporatei.Po%CORPOMEiBy:i....Ds?..t’iLPT.Zi,liiO.DanielP.Agutlar,VicePresidentAnolaiypublicorotherofficercompletingthiscertificateverifiesonlytheidentityoftheindividualwhosignedthedocumenttowhichthiscertificateisattached,andnotthetruthfulness,accuracy,orvalidityofthatdocument.StateofCaliforniaCoutityofLosAngeles55:Onthis1stdayofNovember,2016,beforeme,SabinaMorgenstein,anotatypublic,personallyappearedDanielP.Aguilar,VicePresidentofAmericanContractorsIndemnityCompany.TexasBondingCompany,UnitedStatesSuretyCompanyandU.S.SpecialtyInsuranceCompanywhoprovedtomeonthebasisofsatisfaetotevidencelobethepersonwhosenameissubscribedtothewithininstrumentandacknowledgedtomethatheexecutedthesameinhisauthorizedcapacity,andthatbyhissignatureontheinstrumenttheperson,ortheentityuponbehalfofwhichthepersonacted,executedtheinstrument.IcertifyunderPENALTYOFPERJURYunderthelawsoftheStateofCaliforniathattheforegoingparagraphistrueandcorrect.WITNESSmyhandandofficialseal.SABINAMORGENSTEIN.7.CommIssIon*2129256Signature_____ __ _ __ _ __ ___ ___ ___ ___ __ _ __ _ __ ___(Seal).1.NotarybcCahlornla!T!!W!I,KmLo,AssistantSecretaryofAmericanContractorsIndemnityCompany,TexasBondingCompany,UnitedStatesSuretyCompanyandU.S.SpectaltvInsuranceCompany,doherebycertifythattheaboveandforegoingisatrueandcorrectcopyofaPowerofAttorney,executedbysaidCompanies,whichisstillinfullforceandeffect;furthennore,theresolutionsoftheBoardsofDirectors,setoutinthePowerofAttorneyareinfullforceandeffect.InWitnessWhereotçIhavehereuntosetmyhandandaffixedthesealsofsaidCompaniesatLosAngeles,Californiathis..2QIthdayof,QOfl.CorporateSealsBondNo.\00O’1_E325iI(ioLo,AssistantSecretaryAgencyNo13260•e4tIraR.