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NL 635 BP (15)- CS151028 (2)MAINTENANCE BOND Bond No. 2188925 STATE OF TEXAS } COUNTY OF DALLAS } KNOW ALL MEN BY THESE PRESENTS: THAT PCI Construction, Inc. 405 Interchange St, McKinney, TX 75071 as principal, and ___North American Specialty Insurance Company _ a corporation organized under the laws of New Hampshire , as sureties, do hereby expressly acknowledge themselves to be held and bound to pay unto the City of Coppell, TX , a Municipal Corporation, Texas, the sum of Forty -Six Thousand Two Hundred Ninety -Eight and 30/100 - - - - Dollars and Cents ($ 46,298.30- - - - - - - - - - - - -) , for the payment of which sum will and truly be made unto said City of Coppell, TX _ , and its successors, said principal and sureties do hereby bind themselves, their assigns and successors jointly and severally. THIS obligation is conditioned; however, that whereas, the said PCI Construction, Inc. has this day entered into a written contract with the said Bob Moore Construction to build and construct YARD ART - Creekside Drive - Water, Sanitary Sewer and Storm Drain Improvements which contract and the plans and specifications therein mentioned, adopted by the City of Coppell are hereby expressly made a part thereof as through the same were written and embodied herein. WHEREAS, under the plans, specifications, and contract, it is provided that the Contractor will maintain and keep in good repair, the work herein contracted to be done and performed, for a period of two (2) years from the date of the acceptance of said work, and to do all necessary repairs and/or reconstruction in whole or in part of said improvements that should be occasioned by settlement of foundation, defective workmanship or materials furnished in the construction or any part thereof or any of the accessories thereto constructed by the Contractor. It being understood that the purpose of this section is to cover all defective conditions arising by reason. of defective material and charge the same against the said Contractor, and sureties on this obligation, and the said Contractor and sureties hereon shall be subject to the liquidation damages mentioned in said contract for each day's failure on its' part to comply with the terms of said Maintenance Bond Page 1 of 2 provisions of said contract. Now, therefore, if the said Contractor shall keep and perform its' said agreement to maintain said work and keep the same in repair for the said maintenance period of two (2) years, as provided, then these presents shall be null and void, and have not further effect, but if default shall be made by the said Contractor in the performance of its' contract to so maintain and repair said work, then these presents shall have full force and effect, and said City of Coppell, TX shall have and receive from the said Contractor and its' principal and sureties damages in the premises, as provided; and it is further agreed that this obligation shall be a continuing one against the principal and sureties, hereon, and that successive recoveries may be and had hereon for successive branches until the full amount shall have been exhausted; 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, diminished or in any manner affected from any cause during said time. IN WITNESS WHEREOF, the said PCI Construction, Inc. caused these presents to be executed by has and the said North American Specialty Insurance Company has caused these presents to be executed by its Attorney in fact and the said Attorney in fact Debra Lee Moon , has hereunto set his hand, the September , 20 15 4RION 147" PCI Construction, Inc. J-7 Title: C= r" n WIT1 S: SURETY 16th day of North American Specialty Insurance Company By Title: Debra Lee Moon, Attorney -in -Fact AT,TEST, P / NOTE': Date of Maintenance Bond must not be prior to date of Contract, Maintenance Bond Page 2of2 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: SAMMY JOE MULLIS, JR., JOHN WILLIAM NEWBY, JULIE STORM, CHERI LYNN IRBY, WILBERT RAYMOND WATSON, CAROLYN J. GOODENOUGH, MICHAEL L. TULLIS, SANDRA LEE RONEY, DEBRA LEE MOON, ANDREA ROSE CRAWFORD, MARY JO ZAKRZEWSKI, JAMES B ROGERS JR., TROY RUSSELL KEY, and DAVID MICHAEL LAYMAN JOINTLY OR SEVERALLY Its true and lawful Attorneys) -in -Fact, to make, execute, seal and deliver, for and on its behalf and as its act and deed, bonds or other writings obligatory in the nature of a bond on behalf of each of said Companies, as surety, on contracts of suretyship as are or may be required or permitted by law, regulation, contract or otherwise, provided that no bond or undertaking or contract or suretyship executed under this authority shall exceed the amount of: FIFTY MILLION ($50,000,000.00) 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 91h 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 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 regard to any bond, undertaking or contract of surety to which it is attached." �i/���' 1 �y�uxpt1ONA(j°amu atf,Q-"D�ipO •••NiPG�;P� dSEAL 8 1 SStteven P. Anderson, Senior Vice President of Washington International Insurance Company 2~ O SEALT� :� E 31�ss?s, 1873 Qcp n 1 &Senior Vice President of North American Specialty Insurance Company �l..j�, trr, By Michael A. lto,'Semor Vice President o as mgton International Insurance Company �N�attuwm & Senior 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 1st day of July 2015 North American Specialty Insurance Company Washington International Insurance Company State of Illinois County of Cook Ss: On this I st day of July 201 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 Michael A. Ito— Senior to,Senior Vice President of Washington International Insurance Company and Senior 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 M KENNY NOTARY PUBLIC, STATE OF ILLINOIS MY COMMISSION EXPIRES 1 2/0412017 M. Kenny, 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 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 dayoof%� September 20 15 Jeffrey Goldberg, Vice President & Assistant Secretary of Washington International Insurance Company & North American Specialty Insurance Company North American Specialty Insurance Company Washington International Insurance Company TEXAS CLAIMS INFORMATION IMPORTANT NOTICE ADVISO IMPORTANTE In order to obtain information or make a complaint: You may contact Jeffrey Goldberg, Vice President — Claims at 1-800-338-0753 You may call Washington International insurance Company and/or North American Specialty Insurance Company's toll-free number for information or to make a complaint at: 1-800-338-0753 You may also write to Washington International Insurance Company and/or North American Specialty Insurance Company at the following address: 475 N. Martingale Road Suite 850 Schaumburg, IL 60173 You may contact the Texas Department of Insurance to obtain information on companies, coverages, rights or complaints at: 1-800-252-3439 You may write the Texas Department of Insurance: P.O. Box 149104 Austin, TX 78714-9104 Fax: (512) 476-1771 Web: httn://www,tdi.state—x.us Email: ConsumerProtection@tdi,state,tx.us PREMIUM OR CLAIM DISPUTES: Should you have a dispute concerning your premium or about a claim you should first contact the Washington International Insurance Company and/or North American Specialty Insurance Company. If the dispute is not resolved, you may contact the Texas Department of Insurance. Para obtener informacion a para someter un queja: Puede comunicarse con Jeffrey Goldberg, Vice President — Claims, al 1-800-338-0753 Usted puede Ilamr at numero de telefono gratis de Washington International Insurance Company and}or North American Specialty Insurance Company's para information or para someter una queja al: 1-840-338-0753 Usted tambien puede escribir a Washington International Insurance Company and/or North American Specialty Insurance Company at: 475 N. Martingale Road Suite 850 Schaumburg, IL 60173 Puede escribir at Departmento de Seguros de Texas para obtener information aeerca de companias, coberturas, derechos o quejas at: 1-800-252-3439 Puede escribir at Departmento de Seguros de Texas: P.O, Box 149104 Austin, TX 78714-9104 Fax: (512)475-1771 Web: http://www.tdi,stateAx.us Email: GonsumerProtection@tdi.state,tx.us DISPUTAS SOBRE PRIMAS O RECLAMOS: Si tiene una disputa concerniente a su prima o a un reclamo, debe comunicarse con el Washington International Insurance Company and/or North American Specialty Insurance Company primero. Si no se resuelve la disputa, puede entonces comunicarse con el Departmento de Seguros de Texas, ATTACH THIS NOTICE TO YOUR POLICY: UNA ESTE AVISO A SU POLIZA This notice is for information only and does not Este aviso es solo para proposito de infromacion y no become a part or condition of the attached se converte en parte o condition del documento document. adjunto. Revised 5/12 475 N. Martingato Road, Suite 650. Schaumburg, IL 60173