The URL can be used to link to this page

Home My WebLink AboutBID BOND BID BOND KNOW ALL MEN BY THESE PRESENTS,that we K. Cunningham Construction Co., Inc. asPrincipal,and United Fire&Casualty Company as Surety are held and firmly bound unto the Waterloo Regional Airport,2790 Livingston Lane,Waterloo,Iowa,hereinafter call"Owner",in the penal sum of Five Percent of Amount Bid Dollars($ 5%--- ) lawful money of the United States, for the payment of which sum will and truly be made,we bind ourselves,our heirs, executors,administrators,and successors,jointly and severally,firmly by these presents. The condition of this obligation is such that whereas the Principal has submitted the accompanying bid,dated June 22 2017, for Reconstruct Taxiway C,Bid Package#1,at the Waterloo Regional Airport,Waterloo,Iowa,FAA AIP Project No. 3-19-0094-45. NOW,THEREFORE, (A) If said Bid shall be rejected,or in the alternate, (B) If said bid shall be accepted and the Principal shall execute and deliver a Contract in the form specified and shall furnish a bond for his faithful performance of said Contract,and for the payment of all persons performing labor or furnishing materials in connection therewith, and shall in all other respects perform the agreement created by the acceptance of said bid. then this obligation shall be void,otherwise the same shall remain in force and effect;it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall,in no event,exceed the penal amount of this obligation as herein stated. By virtue of statutory authority,the full amount of this bid bond shall be forfeited to the Owner in liquidation of damages sustained in the event that the Principal fails to execute the Contract and provide the bond as provided in the Specifications or by law. The Surety,for value received,hereby stipulates and agrees that the obligations of said Surety and its bond shall be in no way impaired or affected by any extension of the time within which the Owner may accept such bid or execute such Contract;and said Surety does hereby waive notice of any such extension. IN WITNESS WHEREOF,the Principal and the Surety,have hereunto set their hands and seals,and such of them as are corporations,have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers this 22 2nday of June ,A.D.,2017. / ,c j -41,,kQ (Seal) Witness Principal K. Cunnin am Construction Co., Inc. By (Title Vi''e.- Pres;dehY (Seal) Surety United Fire & Casualty Company By - Ctl _d ai Nancy D. BalttIkat,(Attorney-In-Fact) Attach Power-Of-Attorney FAA AIP#3-19-0094-045 P-9 Waterloo Regional Airport AECOM Project#60537973-BPI Reconstruct Taxiway C UNITED FIRE&CASUALTY COMPANY,CEDAR RAPIDS,IA UNITED FIRE&INDEMNITY COMPANY,WEBSTER,TX Inquiries: Surety Department FINANCIAL PACIFIC INSURANCE COMPANY,ROCKLIN,CA 118 Second Ave SE CERTIFIED COPY OF POWER OF ATTORNEY ' Cedar Rapids,IA 52401 (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 PACIFIC INSURANCE COMPANY, a corporation duly organized and existing under the laws of the State of California (herein collectively called the Companies),and having their corporate headquarters in Cedar Rapids; State of Iowa,does make,constitute and appoint GREG T. LA MAIR, OR NANCY D. BALTUTAT, OR MARK E. KEAIRNES, OR PATRICK K. DUFF, OR JEFFREY R. BAKER, OR JOSEPH I. SCHMIT, OR JILL SHAFFER, OR CHRISTOPHER R. SEIBERLING, ALL INDIVIDUALLY of WEST DES MOINES IA their true and lawful Attorney(s)-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 original 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. ,.\" GSL'u% ,o\Illlfff IN WITNESS WHEREOF,the COMPANIES have each caused these presents to be signed by its 7' \\ 1ND..y/I/, \,\I\1111 11 1 7//1f//// '4`� 'E\e`'` N/t�; PG�F\P q.4+,,, vice president and its corporate seal to be hereto affixed this 10t h day of March, 2014 _fa CORPORATE CO."�_ _; Q:.o° qT , UNITED FIRE&CASUALTY COMPANY -p _ CORPORATE _ •2 Fo:� loLy 1.0SEAL ,,c SEAL 4'� _ 1986 = UNITED FIRE&INDEMNITY COMPANY ''///4RAP1D5 p° 4/#srER TVO', s' !Eiggt• FINANCIAL PACIFIC INSURANCE COMPANY By. 9--.2..„,....,-,...."/Z.:G.k.„.... State of Iowa,County of Linn,ss: 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. oei Judith A.Davis �1 Iowa Notarial Seal e '' Commission number 173041 , 4'`~ Notary Public --OWL My Commission Expires 04/23/2018 My commission expires:04/23/2018 I,David A. Lange, Secretary of UNITED FIRE&CASUALTY COMPANY and Assistant Secretary of ITED 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 22nd day of June ,20 17 � �'cAs'1/ ry// \T%Ig1q/,,, \'\G IINS�/// A i �\ is �N/ .�`V\E Aq Q co i `4\4w T QP GOPLY 2 Y�� / G w CORPORATE 0 2 Fp c'� CORPORATE g Q ZULY 22, O- /`yam/ 57 '�`� .� c, 1986 yam° /0 SEAL a�P�,` SEAL. g -f/FOR\. rc 1 Secretary,UF&C Assistant Secretary,OF&I/FPIC BP0A0049 0115