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THE AMERICAN INSTITUTE OF ARCHITECTS
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AIA Document A310
Bid Bond
Bond No. : IAC 54702
KNOW ALL MEN BY THESE PRESENTS, that we Air Systems Heating & Cooling, Inc.
as Principal, hereinafter called the Principal, and Merchants Bonding Company (Mutual)
2100 Fleur Dr. , Des Moines, IA 50321-1158
a corporation duly organized under the laws of the State of Iowa
as Surety, hereinafter called the Surety, are held and firmly bound unto City of Waterloo
715 Mulberry St. , Waterloo, IA 50703
as Obligee, hereinafter called the Obligee, in the sum of Five Percent of bid amount
Dollars ($5% of bid amount
for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind
ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by
these presents.
WHEREAS, the Principal has submitted a bid for 2008 Riverfront Stadium Kitchen Hood &
Exhaust Fan Renovation
NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract
with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding
or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt
payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter
such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty
hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract
with another party to perform the Work covered by said bid, then this obligation shall be null and void, otherwise to remain
in full force and effect.
Signed and sealed this 12th day of May T608
Air Systems Heating & Cooling, Inc.
(Principal) (Seal)
(Title)
Merchants Bonding Company (Mutual)
(Surety) (Seal)
Hess) 0.rt41LN,
(Title)
Janet Willard, Attorney-In-Fact
MA DOCUMENT A310• BID BOND •AIA O• FEBRUARY 1970 ED • THE AMERICAN
INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D. C. 20006
Merchants Bonding Company
(Mutual)
POWER OF ATTORNEY Bond#: IAC 54702
Know All Persons By These Presents,that the MERCHANTS BONDING COMPANY(MUTUAL),a corporation duly organized under
the laws of the State of Iowa,and having its principal office in the City of Des Moines,County of Polk,State of Iowa, hath made,
constituted and appointed,and does by these presents make,constitute and appoint
JANET WILLARD
of WATERLOO and State of IA its true and lawful Attorney-in-Fact,with full power
and authority hereby conferred in its name, place and stead,to sign, execute, acknowledge and deliver in its behalf as surety any
and all bonds, undertakings, recognizances or other written obligations in the nature thereof, subject to the limitation that any such
instrument shall not exceed the amount of:
TWENTY MILLION($20,000,000.00)DOLLARS
and to bind the MERCHANTS BONDING COMPANY(MUTUAL)thereby as fully and to the same extent as if such bond or
undertaking was signed by the duly authorized officers of the MERCHANTS BONDING COMPANY(MUTUAL),and all the acts of
said Attorney-in-Fact,pursuant to the authority herein given,are hereby ratified and confirmed.
This Power-of-Attorney is made and executed pursuant to and by authority of the following Amended Substituted and Restated By-
Laws adopted by the Board of Directors of the MERCHANTS BONDING COMPANY(MUTUAL)on November 16,2002.
ARTICLE II,SECTION 8-The Chairman of the Board or President or any Vice President or Secretary shall have power and
authority to appoint Attorneys-in-Fact,and to authorize them to execute on behalf of the Company,and attach the Seal of the
Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings obligatory in the nature
thereof.
ARTICLE II, SECTION 9-The signature of any authorized officer and the Seal of the Company may be affixed by facsimile
to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond, undertaking,
recognizance, or other suretyship obligations of the Company, and such signature and seal when so used shall have the
same force and effect as though manually fixed.
In Witness Whereof,MERCHANTS BONDING COMPANY(MUTUAL)has caused these presents to be signed by its President and
its corporate seal to be hereto affixed,this 1st day of January , 2008 .
••.•xt1G CO..•• MERCHANTS BONDING COMPANY(MUTUAL)
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:'y By
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STATE OF IOWA •• 1.`r •• President
COUNTY OF POLK ss.
On this 1st day of January 2008 before me appeared Larry Taylor,to
me personally known,who being by me duly sworn did say that he is President of the MERCHANTS BONDING COMPANY(MUTUAL),
the corporation described in the foregoing instrument,and that the Seal affixed to the said instrument is the Corporate Seal of the said
Corporation and that the said instrument was signed and sealed in behalf of said Corporation by authority of its Board of Directors.
in Testimony Whereof, I have hereunto set my hand and affixed my Official Seal at the City of Des Moines,Iowa,the day and year first
above written.
CINDY SMYTH
_ Commission Number 173504
ors My Commission Expires VVV
March 16,2009 Notary Public,Polk County,Iowa
STATE OF IOWA
COUNTY OF POLK ss.
I,William Warner,Jr.,Secretary of the MERCHANTS BONDING COMPANY(MUTUAL),do hereby certify that the above and foregoing
is a true and correct copy of the POWER-OF-ATTORNEY executed by said MERCHANTS BONDING COMPANY(MUTUAL),which is
still in full force and effect and has not been amended or revoked.
In Witness Whereof,I have hereunto set my hand and affixed the seal of the Company on
this 12th day of May 2008 ........
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44• 0RP0R4•yam: Secretary
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