HomeMy WebLinkAboutMAINTENANCE BOND \' ''oO
MAINTENANCE BOND
Bond No. 104977158
KNOW ALL MEN BY THESE PRESENTS:
That, Peterson Contractors, Inc. of Reinbeck, IA
as Principal,and the Travelers Casualty and Surety Company of America as Surety,
are held and firmly bound unto City of Waterloo, Iowa in the
penal sum of One Million Three Hundred Seventy Six Thousand Forty Dollars and 00/100 ($ 1,376,040.00 )
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,administrators, successors
and assigns,jointly and severally,firmly by these presents,
Whereas,the said Principal entered into a certain contract, with Ryan Companies US, Inc.
To furnish all the material and labor necessary for the construction of US Highway 218 & Shaulis
Road Improvements for Isle of Capri Waterloo - Hotel & Casino
in City of 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 Travelers Casualty and Surety Company of America fora valuable consideration,
has agreed to join with said Principal in such bond or guarantee, indemnifying said
City of Waterloo, Iowa
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 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.
In Witness whereof, we have hereunto set our hands and seals this 29th
day of October ,2007,
Peterson Cone ctors, Inc. ,----By: ( (
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Travelers Casualty and Surety Company of America
Surety
By: {
. /1_,2____"cci,„..Um e S. Riley Attorney-i act
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WARNING:THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER
TRAVELERS POWER OF ATTORNEY
Farmington Casualty Company St.Paul Guardian Insurance Company
Fidelity and Guaranty Insurance Company St.Paul Mercury Insurance Company
Fidelity and Guaranty Insurance Underwriters,Inc. Travelers Casualty and Surety Company
Seaboard Surety Company Travelers Casualty and Surety Company of America
St.Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company
Attorney-In Fact No. 218345 Certificate No. 0 016 516 9 6
KNOW ALL MEN BY THESE PRESENTS:That Seaboard Surety Company is a corporation duly organized under the laws of the State of New York,that St.Paul
Fire and Marine Insurance Company,St.Paul Guardian Insurance Company and St.Paul Mercury Insurance Company are corporations duly organized under the laws
of the State of Minnesota,that Farmington Casualty Company,Travelers Casualty and Surety Company,and Travelers Casualty and Surety Company of America are
corporations duly organized under the laws of the State of Connecticut,that United States Fidelity and Guaranty Company is a corporation duly organized under the
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 Fidelity and
Guaranty Insurance Underwriters,Inc.is a corporation duly organized under the laws of the State of Wisconsin(herein collectively called the"Companies"),and that
the Companies do hereby make,constitute and appoint
Craig E.Hansen,Dianne S.Riley,Janet Alessio,Jay D.Freiermuth,Brian M.Deimerly, Clifford W. Augspurger,
Cindy Bennett,and Anne Crowner
of the City of West Des Moines ,State of Iowa ,their true and lawful Attorney(s)-in-Fact,
each in their separate capacity if more than one is named above,to sign,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 business of guaranteeing the fidelity of persons,guaranteeing the performance of
contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law.
22nd
IN WITNESS WHEREOF,the Compap�ygave caused this instrument to be signed and their corporate seals to be hereto affixed,this
day of February ZZ
Farmington Casualty Company St.Paul Guardian Insurance Company
Fidelity and Guaranty Insurance Company St.Paul Mercury Insurance Company
Fidelity and Guaranty Insurance Underwriters,Inc. Travelers Casualty and Surety Company
Seaboard Surety Company Travelers Casualty and Surety Company of America
St.Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company
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414
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State of Connecticut By:
City of Hartford ss. Georg= 'J Thompson, j ice President
22nd February 2007
On this the day of , ,before me personally appeared George W. Thompson, who acknowledged
himself to be the Senior Vice President of Farmington Casualty Company, Fidelity and Guaranty Insurance Company,Fidelity and Guaranty Insurance Underwriters,
Inc.,Seaboard Surety Company,St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company,St.Paul Mercury Insurance Company,Travelers
Casualty and Surety Company,Travelers Casualty and Surety Company of America,and United States Fidelity and Guaranty Company,and that he,as such,being
authorized so to do,executed the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer.
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In Witness Whereof,I hereunto set my hand and official seal. IAA t Wvt.w C •
My Commission expires the 30th day of June,2011. O'�i/BUG * Marie C.Tetreault,Notary Public
58440-8-06 Printed in U.S.A.
WARNING:THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER
WARNING:THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER
•
This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Farmington Casualty Company,Fidelity
and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters, Inc., Seaboard Surety Company, St. Paul Fire and Marine Insurance Company,
St.Paul Guardian Insurance Company,St.Paul Mercury Insurance Company,Travelers Casualty and Surety Company,Travelers Casualty and Surety Company of
America,and United States Fidelity and Guaranty Company,which resolutions are now in full force and effect,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 Corporate Secretary or any Assistant Secretary may appoint Attorneys-in-Fact and Agents to act for and on behalf
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,recognizances,contracts of indemnity,and other writings obligatory in the nature of a bond,recognizance,or conditional undertaking,and any
of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her;and it is
FURTHER RESOLVED,that 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 more officers or employees of this Company,provided that each such delegation is in writing and a copy
thereof is filed in the office 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 and binding upon the Company when(a)signed by the President,any Vice Chairman,any Executive Vice President,any Senior Vice President or any Vice
President,any Second Vice President,the Treasurer,any Assistant Treasurer,the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the
Company's seal by a Secretary or Assistant Secretary;or(b)duly executed(under seal,if required)by one or more Attorneys-in-Fact and Agents pursuant to the power
prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority; and it is
FURTHER RESOLVED,that the signature of each of the following officers:President,any Executive Vice President,any Senior Vice President,any Vice President,
any Assistant Vice President,any Secretary,any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any power of attorney or to any
certificate relating thereto appointing Resident 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 attorney or certificate bearing such facsimile signature or facsimile seal shall
be 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 respect to any bond or understanding to which it is attached.
I,Kori M.Johanson,the undersigned,Assistant Secretary,of Farmington Casualty Company,Fidelity and Guaranty Insurance Company,Fidelity and Guaranty Insurance
Underwriters, Inc., Seaboard Surety Company, St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance
Company,Travelers Casualty and Surety Company,Travelers Casualty and Surety Company of America,.and United States Fidelity and Guaranty Company do hereby
certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by sa4ompanies,which is in full force and effect and has not been
revoked.
IN TESTIMONY WHEREOF,I have hereunto set my hand and*i ie l the sets of said:C mpanies this 29th day of October 20 07
Kori M.Johans Assistant Secretary
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To verify the authenticity of this Power of Attorney,call 1-800-421-3880 or contact us at www.stpaultravelersbond.com.Please refer to the Attorney-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
MAINTENANCE BOND
Bond No, 2079683
KNOW ALL MEN BY THESE PRESENTS:
That, Aspro, Inc. and Its Subsidiary of Waterloo. IA
as Principal,and the North American Specialty Insurance Company as Surety,
are held and firmly bound unto City of Waterloo, IA in the
penal SutTt of One Hundred Twenty Five Thousand Two Hundred Nine Dollars and 00/100 (S 125,209.00
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, administrators, successors
and assigns,jointly and severally,firmly by these presents.
Whereas,the said Principal entered into a certain contract, with Ryan Companies US
To furnish all the material and labor necessary for the construction of East Shaulis Road Pavement
Widening at the Intersection of Isle of Capri Blvd.
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 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.
In Witness whereof, we have hereunto set our hands and seals this 16th
day of August ,2007
Aspro, Inc. and Its Subsidiary
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North A erican Specialty Insurance Co b •"o ,g,,e,
Surety "fit.
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By: : �: tiMPsr�'sa`®
Uia ne S. Kiley Attor -in- N*Avvrv�
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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 Arizona and having its principal office in the City of Itasca,Illinois,each
does hereby make,constitute and appoint: Dianne S.Riley
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: Aspro,Inc.and Its Subsidiary Bond Number: 2079683
Obligee: City of Waterloo,IA Bond Amount: See Bond Form
Bond Description: East Shaulis Road Pavement Widening at the Intersection of Isle of Capri Blvd.
Provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed the amount of:
TWENTY-FIVE MILLION($25,000,000)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 24th of March,2000:
"RESOLVED,that any two of the President,any Executive 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 Attorney 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 Attorney 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 regardto any bond,undertaking or contract of surety to which it is attached."
ottliiiiintll#
C, R'F''e.. Steven P.Anderson,President&Chief Executive Officer of Washington International Insurance Company& `2,,�F. �y
` e SEAL :o= Vice President of North American Specialty Insurance Company
: :CORPORATE'tm_
� % t973 4,o ^y: SEAL Foe
§ o� y _ =i ARIZONA a
rf,4:1 I III... DavdM.Layman,Vice President off ash n International Insurance Company& s,',°'',r n*„,"cr"?a.F
Vice President of North American Specialty Insurance Company
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 15th day of March 20 07 ,
North American Specialty Insurance Company
Washington International Insurance Company
State of Illinois
County of Du Page ss:
On this 15th day of March 20 07 ,before me,a Notary Public personally appeared Steven P.Anderson ,President and CEO of
Washington International Insurance Company and 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.
--::OFFICIAL SEAL"
SUSAN ANSEL ,/ cs�..-— 6h„2- O
Notary INJelic.Slate IN ninas
My Commission Expires 7/512008
Susan Ansel,Notary Public
I, James A.Carpenter , 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 of Attorney given by said North
American Specialty Insurance Company and Washington International Insurance Company,which is still in full force and effect.
IN WITNESS WHEREOF,I have set my hand and affixed the seals of the Companies this 16th day of August 2007
� ��. � � �
James A.Carpenter, ice President&Assistant Secretary of ashinglon International Insurance Company&
Assistant Secretary of North American Specialty Insurance Company