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WebLinkAboutS_Release_Letter_Permit_Bond_019054294_U15007366.pdfDenisLawMayorCommunity&EconomicDevelopmentC.E.“Chip”Vincent,AdministratorDecember22,2017AaronKopetTollWALP9720NE120tIPlace,Suite100Kirkland,WA98034SUBJECT:RELEASEOFPOWEROFAHORNEYANDPERMITBOND#019054294ALPINENURSERY/UTILITYPERMIT#U15007366DearMr.Kopet:ThisletteristoconfirmthattheCityhasreceivedthetwo-yearmaintenancesuretyintheformofaMaintenanceBond#019061871intheamountof$381,612.51andthemaintenanceanddefectagreementonDecember15,2017whichsecuresthesuccessfulmaintenanceandoperationoftherequiredimprovementsfortheabovereferencedproject.Accordingly,thisletterwillalsoserveasauthorizationtoreleasethePowerofAttorneyfromLibertyMutualInsuranceCompanyandPermitBond#009054294issuedtoTollWA,LPonAugust23,2016intheamountof$2,678,786.08.TheseitemswerepostedtotheCityofRentononbehalfoftheAlpineNurseryproject.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheprojectmanager,AnnFowlerat(425)430-7382.Sincerely,JenniferHenningPlanningDirectorEnclosure(s):LibertyMutualInsuranceCompanyCertificateP689470PermitBondh019054294cc:AnnFowler,DevelopmentEngingeeringProjectManagerBrianneBannwarth,DevelopmentEngineeringManager1055SouthGradyWay,Renton,WA98057•rentonwa.gov CITYOFANDECONOMKDEVELOPMENT—“Renton0PERMITBONDBondNumber:019054294ProjectName:AlpineNurseryKNOWALLMENBYTHESEPRESENT;thatweTollWALPof250GibraltarRoad,HorshamPA19044asPrincipal,andLibertyMutualInsuranceCompanyaCorporatidn,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumoftwomillionsixhundredseventyeightthousandsevenhundredeightysixandeightcents($2,678,786.08)lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalha5appliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodending6/15/17.NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheLiabilityunderthisbondisforaperiodofoneyearfrom8/23/16to8/23/17andmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithoursealsanddatedthis23RDdayofAUGUST,2016TOLLWALPLIBERTYMUTUALINSURANCECOMPANYBY:TOLLWAGPCORP.GeneralPartnerBY:,BY:ApplicantsSignatureSignatureoondingntDanielP.Dunigan,Attorney-in-Fact-AttachPowerofAttorneyFormtoBond91Z.OtiELZfftR?S.atttOOIncludecontactinformation.Applicant’sAddress2PaoliOfficePark,Paoli,PA19301610-727-5300J’tcdaa,t3A9So3City,State,ZipH:\cED\Data\Forms-Templates\self-HeipHandouts\PublicWorks\PERMITBOND.docxRev:04/2015 THISPOWEROFATTORNEYISNOTVALIDUNLESSITISPRINTEDONREDBACKGROUND.ThisPowerofAttorneylimitstheactsofthosenamedherein,andtheyhavenoauthoritytobindtheCompanyexceptinthemannerandtotheextenthereinstated.CertificateNo.!2±i°AmericanFireandCasualtyCompanyLibertyMutualInsuranceCompanyTheOhioCasualtyInsuranceCompanyWestArnehcanInsuranceCompanyPOWEROFATTORNEYKNOWNALLPERSONSBYThESEPRESENTS:ThatftsnericanFm&CasuattyComoanyandmeOhioCasualtyInsuranceCompanyarecorporationsduiyomanzedur&rthelawsoftheSta:eolNewHampshire,thatL;bertyMutuallnsuranceCornoanyisacorporationoutyorganizedundertnelawsoftheSta:eofMassachusetts,andWestkntercanlr.suranceCompanyisacorporatondulyorganizedunderthelawsoftheStateofIndiana(hereincollectivelycalledthe‘Companies],pursuanttoandbyauthorityhereinsetforth,doesherebyname.constituteandappoint,BrianC.Block;DanielP.Dunigan;JamesL.Hahn;JosephW.Kolok,Jr.;RichardJ.Decker;WilliamF.SimklssallofthecityofPaoli,stateofPAeachindividuallyiftherebemorethanonenamed,itstrueandlawfulattorney-in-facttomake,execute,seal,acknowledgeanddeliver,forandonitsbehalfassuretyandasftactanddeed,anyandallundertakings,bonds,recognizancesandothersuretyobligations,inpursuanceofthesepresentsandshallbeasbindingupontheCompaniesasiftheyhavebeendulysignedbythepresidentandattestedbythesecretaryoftheCompaniesintheirownproperpersons.INWITNESSWHEREOF,thisPowerofAttorneyhasbeensubscribedbyanauthorizedofficerorofficialoftheCompaniesandthecorporatesealsoftheCompanieshavebeenaffixedtheretothis4thdayofMarch,2015.>AmericanFireandCasualtyCompany-TheOhioCasuallyInsuranceCompanyLibertyMutualInsuranceCompanya,WestmericanInsuranceCompanyBy:___ ___ _ ___ _ ___ _ __DavidM.CareyAssistantSeo’etary=Onthis,jI!1_.....dayofMarch,2015beloremepersonallyappearedDavidM.Carey,whoacknowledgedhimselftobetheAssistantSecretaryofAmericanFireandCasualtyCompany,LibertyMutualInsuranceCompany,TheOhioCasualtyInsuranceCompany,andWestAmehcanInsuranceCompany,andthathe.assuch,beingauthorizedsotodo,executetheforegoinginstrumentforthepurposesthereincontainedbysigningonbehalfcfthecorporationsbyhimselfasadulyauthorizedofficer.EINWITNESSWHEREOF,IhavehereuntosubscribedmynameandaffixedmynotarialsealatPlymouthMeeting,Pennsylvania,onthedayandyearfirstabovewritten.CaCOMMONWEALTHOFPENNSYLVANIAtCTeresaPasi:Ue,NotaryPublicBy:,L4es,J?L_Z2Jt‘SPlymouthTwp.,MontgomerycountyTeresaPastella,NotaryPublicMyCommissionExpiresMarch28,2017Member,PennsylvaniaAssociationorNotariesEThisPowerciAttorneysmadeandexeculedpursuanttoandbyauthorityolthefollrigBy-lawsandAuthorizationsoIAmencanFireandCasuallyCcmpany,TheOttoCasualtyIr,strance!oCompany,LibertyMutualInsuranceCompany,andWestAmericanIrsuranceCompanywndiresdutonsarenow:nfullforceandeffectmacngasfollows:ARTICLEW—OFFICERS—Secrion12.PcwrofAtomey.AnyofficerorotherofficialoftheCorporatonauthorizedfor:na:purposeinwiltrigbytheChairmanortnePresident,andsubject‘Stosuchli,TitationastheCharmanor:nePresioentmaypresabe,shallappointsuchattorneys-in-fact,asmaybenecessarytoactnbehalfoftheCorporationtomake,execute,seal,‘ackncwledgeanddeliverassuretyanyandatlundertakings,bonds,recognizancesandothersuretyobtgations.Suchattorneys-in-factsubedtothelimitationssetforthintheirrespective5powe’sofattorney,shalthavehilloc-wertooridtheCocpo’ationbytheirsignatureandexecutio,ofanysuchinstrumentsandtoattachtheretothesealoftheCorporation.Wnensoexecuted,suchinstrumentsshallbeasb:ndir,gasifsignedbythePresidentandattestedtobytheSecretary.Mypowerorautho’irygrantedtoanyrepresentafweorattorney-in-factunder>theprovsonsofiiiaftdemayberevokeda:anytimebyTheBoard,theChairman,thePresidentorbytheofficerorofficersgranthsuchpcwerorauthority.ARTICLEXIII—ExecutionofContracts—SECTIONS.SuretyBondsandUndertakings.AnyofficeroftheCompanyauthorizedforthatpurposeinwritingbythechairmanorthepresident,andsubjecttosuchlimitationsasthechairmanorthepresidentmayprescribe,shallappointsuchattorneys-in-fact,asmaybenecessarytoactinbehalfoftheCompanytomake,execute,seal,acknowledgeanddeliverassuretyanyandallundertakings,bonds,recognizancesandothersuretyobligations.Suchattorneys-in-factsubjecttothelimitationssetforthintheir(9respectivepowersofattorney,shallhavefullpowertobindtheCompanybytheirsignatureandexecutionofanysuchinstrumentsandtoattachtheretothesealoftheCompany.Whensoexecutedsuchinstrumentsshallbeasbindingasifsignedbythepresidentandattestedbythesecretary.a(9CertificateofDesignation—ThePresidentoftheCompany,actingpursuanttotheBylawsoftheCompany,authorizesDavidM.Carey,AssistantSecretarytoappointsuchattorneys-in-factasmaybenecessarytoactonbehalfoftheCompanytomake,execute,seal,acknowledgeanddeliverassuretyanyandallundertakings.bonds,recognizancesandothersuretyobligations.Authorization—ByunanimousconsentoftheCompany’sBoardofDirectors,theCompanyconsentsthatfacsimileormechanicallyreproducedsignatureofanyassistantsecretaryoftheCompany,whereverappearinguponacertifiedcopyofanypowerofattorneyissuedbytheCompanyinconnectionwithsuretybonds,shaltbevalidandbindingupontheCompanywiththesameforceandeffectasthouchmanuallyaffixed.I,Grego.-yW.Davenport,theur,dersiqned,AssistantSecretary,ofAmericanFireandCasualtyCompany,TheOhioCasualtyInsuranceCompany,LibertyMutualInsuranceCompany,andWestAmericanInsuranceCompanydoherebycertfythattheorlainalpowerofattcrneyofwhichtheforegoingisahill,trueandconedcopyofthePov,’ercfAttorneyexecutedbysaidCompanies,isinfullforceandeffectandhasnotbeenrevoked.__ __ ___ _____ _____ _____ _____ _____ _____.2016flur__ _ __ ___ ___ ___ ___ __ _ __ _ __ ___ ___ ___ __GregoryW.Davenport,AssistantSecretary301of500STATEOFPENNSYLVANIACOUNTYOFMONTGOMERYssINTESTIMONYWHEREOF,IhavenereuntosetmyhandandaffixedthesealsofsaidCompaniesthis23RDdayofAUGUSTLMS_12e73122013 LiabilitiesUnearnedPremiums.ReserveforClaimsandClaimsExpense.FundsHeldUnderPinsuranceTteajjReserveforDividendstoPolicyholdersAdditionalStatutoryReserve..ReserveforCommissions,TaxesandOtherLiabilities2.789.478.276Total—$26,527,948,893SpecialSurplusFunds$67,890,944CapitalStock10,000,000PaidinStrpL8,829,123,823UnassignedSurplus6,908,192,846SurplustoPolicyholders.. .15,815,267,613TotalLiabilitiesandSurplusS4L3A32JL5IIfiAssistantSecretaiyLERflMUTUALll’1SURANCECOlAI’WFINANGLALSTATEMENT—DECEMEER31,2015hLibertyrMutuaLSURETYAssetsCashandBankDeposits*Bonds—U.SGovernmentOtherBonds..StocksRealEstateAgents’BalancesorUncollectedPremiumsAccruedInterestandRentsOtherAdmittedAsses$753,038,6411,547,613,44611,088,152,5459,919,835,033295,926,2474,487,501,643120,872,42414.130,26&527$6,580,520,31116,917,138,677210,794,503358,03329,659,093TotalAdmittedAssets..S42143.zIiSllfi*Bondsarestatedatamortizedorinvesunentvalue;StocksatAssociationMarketValues.TheforegoingfinancialinformationistakenfromLibertyMutualInsuranceCompany’sfinancialstatementfiledwiththestateofMassachusettsDepartmentofInsurance.I,TIM?vilKOLAIEWSM,AssistantSecretaiyofLibertyMutualInsuranceCompany,doherebycertifythattheforegoingisatrue,andcon-ectstatementoftheAssetsandLiabilitiesofsaidCorporation,asofDecember31,2015,tothebestofmyImowledgeandbelief.114WITNESSWHEREOF,IhavehereuntosetmyhandandaffixedthesealofsaidCorporationatSeattle,Washington,this15thdayofMarch,2016.S-1262LM10/a3/16