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Gateway BP(1.6)-CS070101
1t~ :'~~'~~1J .C"~' S~~1'~ Bond~~ 8203-85-80 COl<Jl~'T'i` CyF DAI.i..~.5 ~ li~fitCl~4' ~.,L IV1F~1 $Y THESE 1°R.~S>El~'~'S: 'I')rT~T Master C o n c r e t e Company, Inc. 2334 Penn, Irving, TX 75001 ~ arinci_pal, ~I1t1 Federal Insurance Company ~8 C©r~}C?r8ti0Il Qrganiz~d under the laws of Indiana , as sureties, do hereby e:;nrasly acloaawledge themselves to be held and bound tQ pay unto the city of Coppell a lviunicipal CQrpnratiau, Texas, the sum of dive Thousand------------------------------------------------DOllarS and no 100 / 000----------Cents ($ 5 , 000 . oo ) ,for the payment of which sum will and truly be made unto said ,and its susxessors, said p~eipal and sureties do hereby binri themselves, their assi~.s and su; cesso*s jamtl3~ ~i severally. `F~5 nb(igat;an is conditioned; however, that whe-pas, tiie said Contractor, M s r Con ~;~nany. Tnc. has this day entered into a written contract with the said (lhl T,~~~ Ci tvT.pf Cn~,=all Ii) build 217i~ COriStrUCi Approaches at__intersection Freeport Parkway & Gateway Blvd, Coppell, TX whicit contract and the plans and specifi:atians therein rneatinned, adopted by the r.; r~ of ~n~.t,ai 1 are hereby expressly made a part th~rpaf as through file same were written aid emt>4died herein. WIvIEItEA,zS, under the plans, specifications, and contract, it is provided that the Contractor will tnaintain aad keep in goad repair, the wank herein contracted to be done and performed, for a period of two {2} years fzrom the date of the acceptance of said work, and to do all necessary repairs andlor reconstruction in whale ar in part of said izuprovements that should be occasioned by settlement flf foundation, defective workmanship or materials furnished in the canstauction ar any part thereof or any of the accessories thereto constructed by the Contractor. it being understood that the purpose of this section is W saver all dsfe~il~e coudidons arising by reason of defective material and cbatge the same against the said Cantractar, and suredes on this obligating, and the said Contractor and sureties hereon shall be subject to the liquidation damages meatianed in said contract for each day's failure on its' part to comply with tine terms of said Maintenance bond Pagr 1 of 2 Bond~~ 8203-8 '0 provisions of said contract. ?~c,~~, tuer~fcarc, ii tee said Contractor $h2.11 ke;°p and p_°zortn its" said a~~r-....ntenr io maintain said wort: and keep the same in repair for the s$id maincenan:w p~ri~ of twp (2} years, as provided, then these presents shall be null and void, anal have not further efte~t, but if default shall be made by the said Contractor iri tine performance of it;` contract to sa maintain and repair said wort, then these presents shall have toil farce and effect, and said city of coppell, Tx shall have and receiYe from tht said Contractor and its' p-incipaI and sureties tfamages to the pr:mises, as provided; and it is further agreed that this obligation shall be s continuing one against the principal and sureties, hereon, and that successive rwnveries may be and had hereon for su: ceesive branches until the full amo~unr shall have own exhaustz~l; and it is further understood. that the obligation herein to maintain said work shall continue throughout said maintenance period, and the same shall not be changed, dunia.ished or in any manner a.ffiected from any cause during said tithe. II+~ '4~'ITNE,SS R£~QFr, the said Pr;nciaal has caused these presents to be executed by and the Said Surety has caused these presents to he executed by its Attorney in fact and the said Attorney in fact Joe Newton ,has hereunto set lkis hand, the 1st day oaf January , 2Q07 P`RINCIP~4I. MASTER CONCRETE COMPANY, INC. By: . Title: FEDERAL INSURANCE COMPANY $y: ~t Joe Newton Tifle: Attorney-in-fact Lk ,,~~ I t~%~dl NOTE: Dmle Of Ma:tztenance Bond must nor b 'ar ca dare o,~Conrract. MaimenIInce Bdrrd Page 2 of 2 Chubb POWER Federal Insurance Company Attn: Surety Department OF Vigilant Insurance Company 'I5 tViountain View Road surety ATTORNEY Pacific Indemnity Company Warren, NJ 07059 Know All by These Presents, That FEDERAL INSURANCE COMPANY, an Indiana corporation, VIGILANT INSURANCE COMPANY, a NewYoric corporation, and PACIFIC INDEMNITY COMPANY, a Wisconsin corporation, do each hereby constitute and appoint Ren Newton, Joe Newton, Randy Graham and LaDan Ladd of Ruston, Louisiana------------------------------------------- each as their true and lawful Attorney-in-Fact to execute under such designation in their names and to affix their corporate seals to and deliver for and on their behalf as surety thereon or otherwise, bonds and undertakings and other writings obligatory in the nature thereof (other than bail bonds) given or executed in the course of business, and any instruments amending or altering the same, and consents to the modification or alteration of any instrument referred to in said bonds or obligations. In Witness Whereof, said FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, and PACIFIC INDEMNITY COMPANY have each executed and attested these presents and affixed their corporate seals on this 21st day of October, 1999. Sheryl B. Roberts, Assistant Secretary STATE OF NEW JERSEY-l ~- ss. County of Somerset Gerardo G. Mauriz, Vice President on this 21St day of October , 199 9 ,before me, a Notary Public of New Jersey, personally came Sheryl B. Roberts, to me known to be Assistant Secretary of FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, and PACIFIC INDEMNITY COMPANY, the companies which executed the foregoing Power of Attorney, and the said Sheryl B. Roberts being by me duly sworn, did depose and say that she is Assistant Secretary of FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, and PACIFIC INDEMNITY COMPANY and knows the corporate seals thereof, that the seals affixed to the foregoing Power of Attorney are such corporate seals and were thereto affixed by authority of the By-Laws of said Companies; and that she signed said Power ofAttorney as Assistant Secretary of said Companies by like authority; and that she is acquainted with Gerardo G. Mauriz, and knows him to be Vice President of said Companies; and that the signature of Gerardo G. Mauriz, subscribed to said Power of Attorney is in the genuine handwriting of Gerardo G. Mauriz, and was thereto subscribed by authority of said By-Laws and in deponent's presence. Notarial Seal ~•'~":..r/r'~`~'`'• / ..• - .:.rn ~~ =: pflTf.AY •:'" WENDIE ~.<rJALSN -t- ~ Notary Public, State of tJewJerSB] Fu>~ ,~ ~ No.005d504 ~'•., Commission expires April t0, 2003 Notary Public v4~ ~'=l~V,-EG~ 4"~° CERTIFICATION Extract from the By-Laws of FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, and PACIFIC INDEMNITY COMPANY: "All powers of attorney for and on behalf of the Company may and shall be executed in the name and on behalf of the Company, either by the Chairman or the President or a Vice President or an Assistant Vice President, jointly with the Secretary or an Assistant Secretary, under their respective designations. The signature of such officers may be engraved, printed or lithographed. The signature of each of the following officers: Chairman, 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 attomey or to any certificate relating thereto appointing 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 attomey 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 upon the Company with respect to any bond or undertaking to which it is attached." I, Sheryl B. Roberts, Assistant Secretary of FEDERAL INSURANCE COMPANY, VIGILANT INSURANCE COMPANY, and PACIFIC INDEMNITY COMPANY (the "Companies") do hereby certify that (i) the foregoing extract of the By-Laws of the Companies is true and correct, (ii) the Companies are duly licensed and authorized to transact surety business in all 50 of the United States of America and the District of Columbia and are authorized by the U. S. Treasury Department; further, Federal and Vigilant are licensed in Puerto Rico and the U. S. Virgin Islands, and Federal is licensed in American Samoa, Guam, and each of the Provinces of Canada except Prince Edward Island; and (iii) the foregoing Power of Attorney is true, correct and in full force and effect. Given under my hand and seals of said Companies at Warren, NJ this ]„gr day of January, 2007 `aS~~CFO O w ~ ~ _ Y ~NDIAK* \,~p>JINfT/ la `+~atro4~FO ti -*- ~'` t! ',titi K'/S(ON~~ ~~~~URANCF~O t ~3 :.a ~} e2 'c tHF~ ~~ S eryl B. Roberts, Assistant Secretary IN THE EVENT YOU WISH TO NOTIFY US OF A CLAIM, VERIFY THE AUTHENTICITY OF THIS BOND OR NOTIFY US OF ANY OTHER MATTER, PLEASE CONTACT US AT ADDRESS LISTED ABOVE, OR BY Telephone (908) 903-3485 Fax (908) 903-3656 a-mail: suretyC~chubb.com cQ225-C (Ed. 4-99) CONSENT