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WebLinkAboutS_Release_Letter_Permit_Bond_615989209_U15008468_181121DenisLawMayorCommunity&EconomicDevelopmentC.E.‘Chip”Vincent,AdministratorNovember21,2018RaymondSpencerRentonMiniIILLC4815NE4thStreetRenton,WA98059SUBJECT:RELEASEOFPOWEROFATTORNEYANDPERMITBOND#615989209STORAGEONEONNE47HEXPANSION&UTILITYPERMIT#U15008468DearMr.Spencer:ThisletteristoconfirmthattheCityhasreceivedthetwo-yearmaintenancesuretyintheformofaMaintenanceBondintheamountof$64,801.44andthemaintenanceanddefectagreementonNovember19,2018whichsecuresthesuccessfulmaintenanceandoperationoftherequiredimprovementsfortheabovereferencedproject.Accordingly,thisletterwillalsoserveasauthorizationtoreleasethePowerofAttorneyfromUnitedStatesFireInsuranceCompanyandPermitBond#615989209issuedtoRentonMiniIILLConDecember2,2016intheamountof$500,251.30.TheseitemswerepostedtotheCityofRentononbehalfoftheStorageOneonNE4thExpansionproject.Enclosedaretheoriginaldocumentsforyourreference.Ifyouhaveanyquestions,pleasecontacttheprojectmanager,RohiniNairat(425)430-7298.Sincerely,JenniferHenningPlanningDirectorEnclosure(s):UnitedStatesFireInsurancecompanyspecialPowerofAttorneyPermitBondU615989209cc:RohiniNair,DevelopmentEngineeringProjectManagerBrianneBannwarth,DevelopmentEngineeringManager1055SouthGradyWay,Renton,WA98057•rentonwa.gov [PMENTPERMITBONDBondNumber:615989209ProjectName:StorageUnitFacilityExpansionKNOWALLMENBYTHESEPRESENT;thatweRentonMiniIILLCofasPrincipal,andUnitedStatesFireInsuranceCompanyaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof$FiveHundredThousand-TwoHundredFiftyOneDollarsand30/100($500,261.0)lawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepresent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pursuanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodending12/2/2018NOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasementorotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.Theliabilityunderthisbondisforaperiodofoneyearfrom12/02/2016to12/02/2017andmaybeextendedbythesuretyissuingaContinuationCertificate.SealBY:ofDecember20’W4815NE4thStApplicant’sAddressRenton,WA,98059AttachPoweroflncludbcontactiCity,State,ZiptoBondH:\CED\Data\Forms-Templates\Self-HelpHandouts\PublicWcrks\PERMITBOND.ducxRev:04/2015 UNITEDSTATESFIREINSURANCECOMPANYBond#61598920911490WesiheinierRd.Sidle300(77077)P.OtJo2507•Ilouslon.Texas77252-25W?SPECIALPOWEROFATTORNEY713-954-5353•500-355-1914FAXKnowAllMenByThesePresents:ThatUnitedSlatesFireInsuranceCompany.hereinallerreferredtoastheCompany,inpursuanceofauthoritygrantedbyResolutionadoptedbytheBoardofDirectors.doesherebynominate.constituteandappointThomasCocheraneandBrianCamev.itstrueandlawfulagentandAttorney-In-Facttomake,execute,sealanddeliver.brandonitsbehalfandasitsactanddeed,assurety.bondsandcontractsofsuretyshiptobegiventoallobligeesprovidedthatnobondorcontractofsuretyshipexecutedunderthisauthorityshallexceedthesumof:OneIlundredThousandDollars($100,000.00)CertificateofResolution:ThispowerofattorneyisgrantedandissignedandsealedbyIhesimileunderandbytheauthorityofthefollowingBy-lawsadoptedbytheBoardof’DirectorsoftheCompanybyanunanimouswrittenconsentdatedasofthe10thdayofDecember2003.ExceptastheBoardofDirectorsmayauthorizebyresolution,theChairmanoftheBoard,PresidentanyVice-President,anyAssistantVice‘residenttheSecretary,oranyAssistantSecretaryshallhavepoweronhehalfoftheCorporation:(a)toexecute,affixthecorporatesealmanuallyorbylhcsimiteto.acknowledge.verifyanddeliveranycontracts,obligations,instrumentsanddocumentswhatsoeverinconnectionwithitsbusmessincluding,withoutlimitingtheforegoing,anybonds,guarantees.,undertakings.recognizances,powersofattorneyorrevocationsofanypowersofattorney.stipulations.policiesofinsurance,deeds,leases,mortgages,releases,satisfactionsandagencyagreements;(b)toappoint,inwriting,oneormorepersonsfuranyorallofthepurposesmentionedintheprecedingparagraph(a),includingaffixingthesealoftheCorporation.InWitnessWhereoftheCompanyhascauseditsofficialsealtohehereuntoaffixed,andthesepresentstobesignedbyitsAssistantViceI’residentandattestedbyitsAssistantSecretarythisl9thdayofFebruary,2016.$‘4OWRA]TEST:(snitVeePresideni)-Ily:STATEOFTEXASss.:COUNTYOFIIARRISUntIns19thdayolFebruary,2016,beloremepersonallycameMichaelI’.Liemertomeknown,whobeingbyrnedulysworn,diddeposeandsay:thatheresidesinCypress.intheCountyofharris.StateofTexas:thatheisVicePresidentolUnitedStatesFireInsuranceCompany,thecorporationdescribedinandwhichexecutedtheaboveinstrument;thatheknowsthesealofthesaidcorporation.thatthesealaflixedtothesaidinstrumentissuchcorporateseal;thatitwassoaffixedbyorderoftheBoardofDirectorsofsaidcorporationandthathesignedhisnametheretobylikeorder,andinhiscapacityasVicePresident.____ __ _N‘c—Countyoilinn’s.slate0ITesasMyCommissionExpiresJune1320’’)I.theundersigned,anAssistantSecretaryofUnitedStatesFireInsuranceCompany.DOHEREBYCERTIFYthattheforegoingandattachedPowerofAttorneyremainsinfullforceandhasnotbeenrevoked,andfurthermorethattheResolutionoftheBoardof’Directors,setforthinthesaidl’owerofAttorney.isnowinforce.Signedandsealedthisdayof(.2Olb—L(AuLdilAssistantviceOres‘den))U-4708US(Rev.8/12)