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HomeMy WebLinkAboutRocky Mountain High School Letter of CreditE IDIAN~-- IDAHO June 8, 2009 Attn: Brenda J. Smith Payne Financial Group 960 Broadway Ave, Suite 460 Boise, Idaho 83706 MayorTammy de Weerd City Council Members: Keith Bird Brad Hoaglun Charles Rountree David Zaremba Re: Release of Surety Bond No. 105078224 (Rocky Mtn. High School) for CM Company, Inc. After a site inspection and review of the above referenced project by the Planning Department and the Public Works Department, it has been determined to release Bond No. 105078224 in the original amount of $5,500.00 to you for the completion of landscaping. Please use this letter as authorization for Travelers Casualty and Surety Company of America to release Bond No. 105078224. If you have any questions, please contact me at (208) 888-4433. Thank you for your cooperation. Sincerely, C~~~ 0 Jaycee L. Holman City Clerk Enclosure WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER ~A POWER OF ATTORNEY TRAVELERS J Farmington Casualty Company St. Paul Guardian Insurance Company Fidelity and Guaranty Insurance Company SL Paul Mercury Insurance Company Fidelity and Guaranty Insurance Underwriters, Inc. 7Yavelers Casualty and Surety Company Seaboard Surely Company Travelers Casualty and Surety Company ofAmerica St. Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company Attorney-In Fac[ No. 2] 6289 Certificate No. O O 2 3 4 O 2 4 3 KNOW ALL MEN BY THESE PRESENTS: That Seaboard Surety Company is a corporation duly organized under [he laws of the State of New York, that SL Paul Fire and Marine Insurance Company. SI. Paul Guardian Insurance Company and St Paul Mercury lnsurance Company aze corporations duly organized under the laws of the Stale of Minnesota that Parmiugton Casualty Company, Travelers Casualty and Surety Company, and Travelers Casualty and Surety Company of America are corporations duly organized under the laws of the Slate of Connecticut, [hat United States Fidelity and Guaranty Company is a corporation duly organized under [he laws of the State of Maryland, that Fidelity and Guaranty Insurance Company is a corporation duly organized under the laws of the State of Iowa, and that Pidelity and Guaranty lnsurance Underwriters, Inc. is a corporation duly organized under the laws of the Slate of Wisconsin (herein collectively called the "Companies"), and that [he Companies do hereby make, constim[e and appoint J. Scott Macpherson, Kelley A. Macpherson, Jon M. Riche, and Brenda J. Smith of the City of HOlse , Smte of Idaho [heir hue and lawful Attorney(s)-in-Fact, each in their separate capacity if more than one is named above, to sigq execute, seal and acknowledge any and all bonds, recognizances, conditional undertakings and other writings obligatory in the nature thereof on behalf of the Companies in their busjness of-guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeiug bonds and undertakings required or perut~t~t}'in aggions or j7Yliceedings allowed by law. A.~, ~+, z 'x 8~ °~ ~ 28th IN WFPNEp9~ WHEREOF, [he Con}ppgi~s have caused [his msum+>,fnp to'be sl¢ne~ and tktehrcorl5omm seals to be hereto affixed, this day of A .ZZ000 CC 1 „ •. Farmington Casualty Comp~`q ,4~i ` St. Peal Guardian Insurance Company Fidelity and Guaranty ~7sshrance Oaompagw ssl ~ S[. Pool Mercury Insurance Company Fidelity and Guaranty Iosotyftce~lJnderwrttlers, Inc Travelers Casualty and Surety Company Seaboard Surety Company Travelers Casualty and Surety Company of America SL Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company GI.54„~ 'd.?fry 4 r.M IMS ri ,MSLP 9M0 Y4,. ~ W4 '~4 f ey y ~. ~.... .Gy //~P.. ni 9 4MWp -p g9,p~~ryy11rtY~ gY~9 _ ~ ZOPPOn1i~ jW /. i ` G no i 19 ~ aW9lat/rEa .Y' 19'27 ~~ ut ~ F;A rpvvonarE:.nl ~j ~ ~m to a" ~ ~ 19$1 v~, ,f ~ ~ ; e ~`SE ALf`o'} ~ `s.,S8HL: pi ygJ,caxa. P= ~~'u. +t w ta96 ~ a a OF ~.^~„ct rsp AMA it ....... PP ~ of `N1)AtN~ Stale of Connecticut City of Hartford ss. By: Georg Thompsoq enior ice President On this the 28th da of April 2008 before me y personally appeared George W. Thompson, who acknowledged himself [o be the Senior Vice President of Parmington Casualty Company, Fidelity and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters, Inc., Seaboard Surety Company, St. Paul Pire and Marine Insurance Company, St. Paul Guardian Insurance Company, St Paul Mercury Insurance Company, Travelers Caeualry and Surety Company, Travelers Casualty and Surety Company of America, and United States Fidelity and Guaranty Company, and thnt he, as such, being authorized so to do, executed the foregoing iustrumwt (or [he purposes therein contained by signing on behalf of the corporations by himself as a duly authorized offmer. ~p.TEf~ Tn Witness Whereof, I hereunto se[ my hand and official seal. ~ My Commission expires the 30th day of Sune, 201 I. ~jOUlQ~~ `c'n an~.~ C . ~..~ r~c~.~~' Marie C Tevcault. Notary Public 58440-5-07 Printed in U.S.A. WARNING: THIS YYMf~1Y11V V, i n,.~ rVY~L1\ v, r.,~ ,vi i~~~, .v ..... ..~.~ ......~~. ..._ ..__ _ _.._. This Power o(Attorney i> granted under and by [he authority oC the following resolutions adopted by the Boards of Directors of Farmington Casualty Cnmpany.'Fidelity and Guaranty htsuran<e Company, Fidelity and Guaranty Insurance Underwriters, Inc. Seaboard Surety Company, St. Paul Fire and Marine Insurance Company. St Paul Guardian Insurance Company, SL Paul Mercury Insurance Company, Trmelers Casualty and Surety Company, Travelers Casualty and Surety Company of America, and United Slates Fidelity and Guaranty Company, which resolutions are now in full lorce and efTeet reading as follows: RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the CorTrnrate Secretary or any Assistant Secretary may appoint Atomcys-in-Fact and Agents to act for and on behest( of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, realgnizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the BoarU of Directors at any time may remove any such appointee and revoke the power given him or her; and it is FURTHER RESOLVED, [hat the Chairman, the President any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or mom officer or employees of this Company, provided that each such delegation is in writing and a copy therwf is filed in the o(Lce of the Secretary: and it is' FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid anU binding upon the Company when (u) >igned by the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President any Second Vice President, the Treasurer nn}• Assistant Treasuror, the Corporate Secretary or any Assistant Secretary and duly atteged and sealed with the CompanyS seal by a Secretary or Ascistam Secretary: or (b) duly exuuted (under seal, if required) by one or more Attomcys-in-Fact and Agents pursuant to the power preserihed in his or her certiPcate or their certiticares of authority or by one or more Company officers pursuant to a written delegation of authority; and it is n FURTHER RESOLVED, that the signature of each of the following oftcers: President, any Executive Vice President any Senior Vice President, any Vice President. any Assistant Vice President any Secretary, any Assislam Secretary, and the seal of [he Company may be affixed by facsimile to any power of attorney or to any certificate relating thereto appointing Residwt Vice Presidents, Resident Assistant Secretaries or Attorneys-in-Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such power of Auomey or certificate bearing .ouch facsimile signature or facsimile seal shall he valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respen to any hood or understanding m which it is attached. I, Kori M. Johanson, the undersigned. Assistant Secretary, of Farmington Casualty Company, Fidelity and Guaranty lacurance Company, Fidelity and Guaranty Insurance Underwritecc Inc., Seaboard Surety Company. St Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Cmnpany. St Paul Mercury Insurance Company, Traveler Casualty and Surety Company, Traveler Casualty and Surety Company of America, and United States Fidelity and Guaranty Company do hereby certify that the nbove and foregoing is a true and coned copy of the Power of Auomey executed by said Companies, which is in full force and effect and ha> not been revoked. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seals of said Companies this ~' '1 day of 1.1 Ll(I I 1 `~ ~ °0 Z~ C__/~ Kori M. kthans Assistant Secretary ~~sur YAEfY '~ Y ~~~~._MSq 4p~.~N.y9 <Oc W~~ ~q YAI~ U? L k ~ ~fa~aox~~~;m p.:'~y0a91tM1^ 'a C~ u tt s~a:S o $ $ 1927 ~~ - s: ` - ~' aearram. m: xrmww t d~ rtcrvMa° ~ ~rL~'9$1~ `"O~ ~eT >'SEA~ j e~.SBAL, ~s epN. e 1'j~, f '" 8~ 3 a~,_ F" 1 ~i fA ''~r.NCa .. ~ `all 1~" ttrr+Fa ~S.~xV >lr.......r s A1N To verify the authenticity of this Power of Attorney, call 1-800-4?13880 or contact us ai www.travelersbond.com. Please refer to the Auomey-In-Fact number'. the above-named individuals and the details of the bond to which the power is attached. WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER SURETY SPREADSHEET Project Name: Rocky Mtn High School (5450 N Linder Rd) Date Compiled: 8/14/2008 Letter of CrediUBOnd No.: 105078224 Issued By: 7raverls Casualty antl Suret Company Expiration Date: 8(12(2009 Check No Party Responsible Date Signed Off/ I Sanitary Sewer -internal __ _. '~,, $0 00 ,__. _. __ $0 00 - .- Public Works _- .. I _ - _ -. Sanitary Sewer-offsite $0 00 $0 OO + T (Water-internal ' $0.00 $0.00 Public WOrks ~ Water-Offsite $0.00 $O.OO~ Public Works Street Lights $0.00 ~ $0.00 Building ', Landscaping $5,000.OOj $500.00 $5,50000 PZ 6/1 /096P Bill Parsons Pathways i $0.00 $O.OO PZ Fencing $0.00 $0.00 PZ ( Tiling __.. _ $0.00 .. - _ ~ $0.00 _ PZ _ _ _.. ~ _ _ _- __ _ Pressurized Irdgation T $0.00 $O.OO NMID __ Gravity Irngahon I - _ ~. Other ~ _ _ $0.00 _ _ -__ $0 00 NMID ~. _ _ _ -.___ __ $0.00 -. $0.00 PW I $0.00 i $000 - ._ _._ _- - __ - _ $0.00 _ _~~ _ _ $0.00 _ _.. - _.. I $0.00 $0.00, Authorized reduction BALANCE TO REMAIN: $5,500.00 ~J~I Bond No. 105078224 SURETY BOND KNOW ALL MEN BY THESE PRESENTS: That we, CM Company, Inc. as Principal, and Travelers Casualty and Surety Companv of America, a Connecticut corporation authorized to transact surety business in the State of Idaho, as Surety, are held and firmly bound unto City of Meridian, as Obligee, in the penal sum of Five Thousand Five Hundred and No/100---($5,500.00 DOLLARS, lawful money of the United States of America, for the payment of which, well and truly to be made, we bind ourselves, our heirs, legal representatives, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, Principal has agreed to complete the landscaping accordine to contract ~ecifications at Rocky Mountain Hi¢h School located at 5450 N. Linder Road, Meridian, Idaho 83646. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall comply with all applicable Ordinances, Rules and Regulations, and any Amendments thereto, then this obligation shall be void, otherwise to remain in full force and effect. PROVIDED, HOWEVER, That this bond shall continue in force until: ® 1. August 12, 2009, or until the expiration date of any Continuation Certificate executed by Surety, at its sole option. OR ^ 2. Cancelled by Surety giving days written notice to Obligee and Principal of its intention to terminate its liability hereunder. SIGNED AND SEALED this 12th day of Au st, 2008. C pan , c. B - rincipal Travelers Casualty and Surety Company of America By ~~-9~Cc Brenda .Smith, Attorney-in-Fact SURETY SPREADSHEET Project Name: Date Compiled: Letter of Credif/Bond No.: Issued ey: Expiration Date: Check No.: Item Rocky Mfi High Sctrool (5450 N Linter Rd) 8/14!2008 105078224 Traveds Casualty and Surat Company 8/12!2009 Unfinished Partial Sure - ~ Party Responsible Date Signed Off/ For Sign-0ff Person Cemmens Sanitary Sewer-internal $0.00 $0.00 Public Works Sanitary Sewerotfsite $0.00 ~.~ __..____._ ~~~ Watertintemal $0.00 $0.00 Public Woks Water-Offsite $0.00 - _ _. - $0.00 _ Public Works Street Lights $0.00 $0.00 Building LarWscaping $5,000.00 $500.00 $5,500.00 PZ 3ill Parsons Pathways $0.00 $O.OD PZ ~ _ -~~ Fertcing ~ $0.00 .__..$0.00 PZ _-. _ ' Tiling $0.00 $0.00 PZ I ~ -~ Pressurized Irrigation $0.00 $0.00 NMID Gravity Imgation $0.00 $0.00 NMID Other. -. _-- $0.00 $0.00 ___-PW $0.00 $0.00 _ _ _- -_ _ _- $0.00 $0.00 -. _ _ _ _- $0.00 $0.00 TOTAL: $5,000.00 $500.00 Aufrrodzetl reduc5on BALANCE TO REMAIN: $5,500.00 $5,500.00 4 ~~~s°a . ~~' ti~~~ 1°' V ~ o'- P~ ~'~~ ~. `~~J ~/ ~, n