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HomeMy WebLinkAboutK. Cunningham Construction Co.-1/26/2015Item Coversheet CITY OF WATERLOO Council Communication Page 1 of 1 Resolution approving Acceptance of Improvements of the Hammond Hills Sixth Addition (Paving) performed by K. Cunningham Construction Co., Inc., of Cedar Falls, Iowa, and (Sanitary Sewer & Storm Sewer) performed by Stickfort Construction Co., of Hudson, Iowa; and receive and file two-year Maintenance Bond from both contractors. City Council Meeting: 1/26/2015 Pr• ' red: 1/21/2013 SUBJECT: Submitted by: Recommended Action: Summary Statement: Expenditure Required: Source of Funds: Policy Issue: Alternative: Background Information: Resolution approving Acceptance of Improvements of the Hammond Hills Sixth Addition (Paving) performed by K. Cunningham Construction Co., Inc., of Cedar Falls, Iowa, and (Sanitary Sewer & Storm Sewer) performed by Stickfort Construction Co., of Hudson, Iowa; and receive and file two-year Maintenance Bond from both contractors. Submitted By: Dennis Gentz, PE, Assistant City Engineer The improvements required as a condition precedent to the approval of Hammond Hills Sixth Addition, Waterloo, Iowa; namely paving and the installation of sanitary sewer and storm sewer have been completed in substantial conformance with the construction plans, standards, and requirements of this office. http://waterloo.novusagenda. com/AgendaWeb/Coversheet. aspx?ItemID=5 87 1/21/2015 l01 UNITED FIRE & CASUALTY COMPANY CEDAR RAPIDS, IOWA Bond Number 54-202223 MAINTENANCE BOND KNow ALL BY THESE PRESENTS: That we K. Cunningham Construction Co., Inc. of 1025 Center Street, Cedar Falls IA 50613 as Principal, and the UNITED FIRE & CASUALTY COMPANY, an Iowa corporation of Cedar Rapids, Iowa, and authorized to do business in the state of Iowa as Surety, are held and firmly bound unto City of Waterloo in the penal sum of Sixty-five Thousand Eight Hundred Twenty-three & no/100ths ($ 65,823.00 ) Dollars, lawful money of the United States of America, for the payment of which, well and truly to be made, the Principal and Surety bind themselves, their and each of their heirs, executors, and administrators, successors and assigns, jointly and severally, firmly by these presents. Signed and delivered this 8th day of October A.D. 2014 WHEREAS, the said Principal entered into a certain contract, dated the day of , to furnish all the material and labor necessary for the construction of Hammond Hills 6th Addition Concrete Paving in conformity with certain specifications; and WHEREAS, a further condition of said contract is that the said Principal should furnish a bond of indemnity, guaranteeing to remedy any defects in workmanship or materials that may develop in said work with a period of Two (2) years from the date of acceptance of the work under said contract and WHEREAS, the said UNITED FIRE & CASUALTY COMPANY, of Cedar Rapids, Iowa, for a valuable consideration, has agreed to join with said Principal in such bond or guarantee, indemnifying said City of Waterloo as aforesaid; Now, THEREFORE, the Condition of This Obligation is Such, that if the said Principal does and shall, at his/her own cost and expense, remedy any and all defects that may develop in said work, within the period of Two (2) years from the date of acceptance of the work under said contract, by reason of bad workmanship or poor material used in the construction of said work, and shall keep all work in continuous good repair during said period, and shall in all other respects, comply with all the terms and conditions of said contract with respect to maintenance and repair of said work, then this obligation to be null and void; otherwise to be and remain in full force and virtue in law. TC►., •VeLI CYS'f-o Ott/ riir IIYn.9n6Gi. Hn.a1 K. Cunningham Construction Co., Inc. By PRINCIPAL UNITED FIRE & CASUALTY COMPANY By Nancy tat, Attorney -in -Fact ATTOR.NEY-IN•FACT UNITED FIRE & CASUALTY COMPANY, CEDAR RAPIDS, IA UNITED FIRE & INDEMNITY COMPANY, GALVESTON, TX FINANCIAL PACIFIC INSURANCE COMPANY, ROCKLIN, CA CER 1'IF11KD COPY OF POWER OF ATTORNEY (original on file at Home Office of Company - See Certification) KNOW ALL PERSONS BY THESE PRESENTS, That UNITED FIRE & CASUALTY COMPANY, a corporation duly organized and existing under the laws of the State of Iowa; UNITED FIRE & INDEMNITY COMPANY, a corporation duly organized and existing under the laws of the State of Texas; and FINANCIAL PACIFICpp INSURANCE CggOMPANYrp,,00a corporation duly organizeedpand existing under the laws of the State of California. (F. MELVYNerein 1vely HRUBETZZ, Red the oGREEGGeT.aLAd hMAIR, ORtheir NANCYD. Brate ALTU AT, OR MARK E. Kids, State EAIRNES, Odoes R make, titute CK K. appoint DUFF, OR JEFFREY R. BAKER, T.LA JOSEPH I. SCHMIT, OR JILL SHAFFER, ALL INDIVIDUALLY of WEST DES MOINES IA Inquiries: Surety Department. 118 Second Ave SE Cedar Rapids, IA 52401 their true and lawful Attorneys) -in -Fact with power and authority hereby conferred to sign, seal and execute in its behalf all lawful bonds, undertakings and other obligatory instruments of similar nature provided that no single obligation shall exceed $100 , 000 , 000 , 00 and to bind the Companies thereby as fully and to the same extent as if such instruments were signed by the duly authorized officers of the Companies and all of the acts of said Attorney, pursuant to the authority hereby given and hereby ratified and confirmed. The Authority hereby granted is continuous and shall remain in full force and effect until revoked by UNITED FIRE & CASUALTY COMPANY, UNITED FIRE & INDEMNITY COMPANY, AND FINANCIAL PACIFIC INSURANCE COMPANY. This Power of Attorney is made and executed pursuant to and by authority of the following bylaw duly adopted on May 15, 2013, by the Boards of Directors of UNITED FIRE & CASUALTY COMPANY, UNITED FIRE & INDEMNITY COMPANY, and FINANCIAL PACIFIC INSURANCE COMPANY. "Article VI — Surety Bonds and Undertakings" Section 2, Appointment of Attorney -in -Fact. "The President or any Vice President, or any other officer of the Companies may, from time to time, appoint by written certificates attorneys -in -fact to act in behalf of the Companies in the execution of policies of insurance, bonds, undertakings and other obligatory instruments of like nature. The signature of any officer authorized hereby, and the Corporate seal, may be affixed by facsimile to any power of attorney or special power of attorney or certification of either authorized hereby; such signature and seal, when so used, being adopted by the Companies as the orifi nal signature of such officer and the original seal of the Companies, to be valid and binding upon the Companies with the same force and effect as though manually affixed. Such attorneys -in -fact, subject to the limitations set forth in their respective certificates of authority shall have full power to bind the Companies by their signature and execution of any such instruments and to attach the seal of the Companies thereto. The President or any Vice President, the Board of Directors or any other officer of the Companies may at any time revoke all power and authority previously given to any attorney-in-fact. State of Iowa, County of Linn, ss: WHEREOF, the COMPANIES have each caused these presents to be signed by its and its corporate seal to be hereto affixed this 10th day of March, 2014 UNITED FIRE & CASUALTY COMPANY UNITED FIRE & INDEMNITY COMPANY FINANCIAL PACIFIC INSURANCE COMPANY By: Vice President On 10th day of March, 2014, before me personally came Dennis J. Richmann to me known, who being by me duly sworn, did depose and say; that he resides in Cedar Rapids, State of Iowa; that he is a Vice President of UNITED FIRE & CASUALTY COMPANY, a Vice President of UNITED FIRE & INDEMNITY COMPANY, and a Vice President of FINANCIAL PACIFIC INSURANCE COMPANY the corporations described in and which executed the above instrument; that he knows the seal of said corporations; that the seal affixed to the said instrument is such corporate seal; that it was so affixed pursuant to authority given by the Board of Directors of said corporations and that he signed his name thereto pursuant to like authority, and acknowledges same to be the act and deed of said corporations. ��+e r Judith A. Davis ' z Iowa Notarial Seal , • jw.— A Notary Public • Commission number 173041 My commission e ices: 4/23/2015 ti My Commission Expires 4123/2015 I, David A. Lange, Secretary of UNITED FIRE & CASUALTY COMPANY and Assistant Secretary of 1 1 FIRE & INDEMNITY COMPANY, and Assistant Secretary of FINANCIAL PACIFIC INSURANCE COMPANY, do hereby certify that I have compared the foregoing copy of the Power of Attorney and affidavit, and the copy of the Section of the bylaws and resolutions of said Corporations as set forth in said Power of Attorney, with the ORIGINALS ON FILE IN THE HOME OFFICE OF SAID CORPORATIONS, 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 subscribed my name and affixed the corporate seal of the said Corporations this 8th day of October ,2014 BPOA0049 0913 By: Secretary, UF&C Assistant Secretary, OF&I/FPIC MAINTENANCE BOND KNOW ALL MEN BY THESE PRESENTS: Bond No. 2189451 That, Stickfort Construction Co. of Hudson, IA as Principal, and the North American Specialty Insurance Company are held and firmly bound unto City of Waterloo, IA as Surety, in the penal sum of One Hundred Thirty Thousand Nine Hundred Seventy Seven Dollars and 75/100 ($ 130,977.75 Dollars. lawful money of the United States of America, for the payment of which, well and truly to be made, the Principal and Surety bind themselves, their and each of their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents, Whereas, the said Principal entered into a certain contract. with City of Waterloo, IA To furnish all the material and labor necessary for the construction of Water, Sanitary & Storm Sewer Improvements on Ravenwood Circle in Waterloo, IA in conformity with certain specifications; and Whereas, a further condition of said contract is that the said Principal should furnish a bond in indemnity, guaranteeing to remedy any defects in workmanship or materials that may develop in said work within a period of Two ( 2 ) years from the date of acceptance of the work under said contract; and Whereas, the said North American Specialty Insurance Company for a valuable consideration, has agreed to join with said Principal in such bond or guarantee, indemnifying said City of Waterloo, IA Now, therefore, the condition of this obligation is such, that if the said Principal shall, at his own cost and expense, remedy any and all defects that may develop in said work within the period of Two ( 2 ) years from the date of acceptance of the work under said contract, by reason of bad workmanship or poor material used in the construction of said work, and shall keep all work in continuous good repair during said period, and shell in alt other respects, comply with all the terms and condition of said contract with respect to maintenance and repair of said work, then this obligation to be null and void; otherwise to be and remain in full force and virtue in law. In Witness whereof, we have hereunto set our hands and seals this day of September ,2014 , 4r-wiect cis -to 4m^ -Lttrhai j,5 Datsu 22nd Stickfort Construction Co. By: North American Specialty Insurance Company turo y ,! Surety ` Q iin'o't.irs° ,:b ,.: 0 J �! /���� �o� SEAL 5y; i '� €t"i �J, Jk 'b,ii � utt.Z 1973 e, Cindy ennett ]attorney -in -t -act fid`• #;••' a: NAS SURETY GROUP NORTH AMERICAN SPECIALTY INSURANCE COMPANY WASHINGTON INTERNATIONAL INSURANCE COMPANY GENERAL POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, THAT North American Specialty Insurance Company, a corporation duly organized and existing under laws of the State of New Hampshire, and having its principal office in the City of Manchester, New Hampshire, and Washington International Insurance Company, a corporation organized and existing under the laws of the State of New Hampshire and having its principal office in the City of Schaumburg, Illinois each does hereby make, constitute and appoint: Cindy Bennett Its true and lawful Attorney -in -Fact, to make, execute, seal and deliver, for and on its behalf and as its act and deed, the following surety bond: Principal: Stickfort Construction Co. Bond Number: 2189451 Obligee: City of Waterloo, IA Bond Amount: See Bond Form Bond Description: Water, Sanitary & Storm Sewer Improvements on Ravenwood Circle Provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed the amount of: FIFTY MILLION ($50,000,000) DOLLARS This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards of Directors of both North American Specialty Insurance Company and Washington International Insurance Company at meetings duly called and held on the 9`h of May, 2012: "RESOLVED, that any two of the Presidents, any Managing Director, any Senior Vice President, any Vice President, any Assistant Vice President, the Secretary or any Assistant Secretary be, and each or any of them hereby is authorized to execute a Power of Attomey qualifying the attorney named in the given Power of Attorney to execute on behalf of the Company bonds, undertakings and all contracts of surety, and that each or any of them hereby is authorized to attest to the execution of any such Power of Attomey and to attach therein the seal of the Company; and it is FURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be binding upon the Company when so affixed and in the future with regard to any bond, undertaking or contract of surety to which it is attached" By Steven P. Anderson, Senior Vice President of Washington International Insurance Company & Senior Vico President of North American Specialty Insurance Company David M. Layman, Vice President °Washington International Insurance Company & Vice President of North American Specialty Insurance Company By r: SEAL 4' o: IN WITNESS WHEREOF, North American Specialty Insurance Company and Washington International Insurance Company have caused their official seals to be hereunto affixed, and these presents to be signed by their authorized officers this 25th day of May 2012 . North American Specialty Insurance Company Washington International Insurance Company State of Illinois County of Cook On this 25th day of May 20 12 , before me, a Notary Public personally appeared Steven P. Anderson . Senior Vice President of Washington International Insurance Company and Senior Vice President of North American Specialty Insurance Company and David M. Layman Vice President of Washington International Insurance Company and Vice President of North American Specialty Insurance Company, personally known to me, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as officers of and acknowledged said instrument to be the voluntary act and deed of their respective companies. ss: "OFFICIAL SEAL•• DONNAD.SKLENS Notary Public, State of Illinois My Commission Expires 10/06/2015 kolota AleihAz Donna D. Sklens,Notary Public I, Jeffrey Goldberg , the duly elected Assistant Secretary of North American Specialty Insurance Company and Washington International Insurance Company, do hereby certify that the above and foregoing is a true and correct copy of a Power,MAttorney given by said North American Specialty Insurance Company and Washington International Insurance Company, which is still in full force and effect. IN WITNESS WHEREOF, 1 have set my hand and affixed the seals of the Companies this 22nd day of September 2014 Jeffrey Goldberg, Vice President & Assistant Secretary of Washington International insurance Company & Assistant Secretary of North American Specialty Insurance Company