Hammond Subdivision- CS160216 (4) Bond#462784P
MAINTENANCE BOND
STATE OF TEXAS }
COUNTY OF DALLAS }
KNOW ALL MEN BY THESE PRESENTS: THAT
SMB Enterprises, Inc as Principal,
and Developers Surety and Indemnity Company , a corporation organized
under the laws of Iowa , as sureties,
do hereby expressly acknowledge themselves to be held and bound to pay unto the
City of Coppell , a Municipal Corporation, Texas, the sum of
Fifty four thousand five hundred fifty three & no/100 Dollars and
Cents ($54,553,00 ) , for the payment of which sum
will and truly be made unto said City of Coppell , 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
SMB Enterprises, Inc
has hitinto a written contract with the said
Architecture builand construct
Water, Sewer & Drainage Utilities-Hammond StrPPt, Coppell TX
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 C o p p e I I 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, th said SMB Enterprises, Inc has
caused these presents to be executed by Developers Surety and Indemnity Company
and the said Developers Surety and Indemnity Company has caused these presents to
be executed by its Attorney in fact and the said Attorney in fact
Sheri R Allen , has hereunto set his hand, the 5th day of
February , 2016 .
PRINCIPAL SURETY
SMB Enterprises, Inc Dev:opers Surety and Indemnity Company
By: ggrmimp
By: A
Title: me: Attorney-in-Fact
WITNESS: ATTEST:
NOTE: Date of Maintenance Bond must not be prior to date of Contract.
Maintenance Bond
Page 2 of 2
IMPORTANT NOTICE AVISO IMPORTANCE
To obtain information or make a complaint: Para obtener informacion o para someter una queja:
You may call the Surety's toll free telephone number Usted puede Hamar al numero de telefono gratis de
for information or to make a complaint at: para informacion o para someter una queja al:
1-800-782-1546 1-800-782-1546
You may also write to the Surety at: Usted tambien puedeescribiral Surety:
P.O. Box 19725 P.O. Box 19725
Irvine,CA 92623-9725 Irvine,CA 92623-9725
You may contact the Texas Department of Insurance Puede comunicarse con el Departamento de Seguros
to obtain information on companies, de Texas para obtener informacion acerca de compa-
coverage,rights or complaints at: nias,coberturas,derechos o quejas al:
1-800-252-3439 1-800-252-3439
You may write the Texas Department of Insurance at: Puede escribir al Departmento de Seguros de Texas:
P.O.Box 149104 P.O. Box 149104
Austin,TX 78714-9104 Austin,TX 78714-9104
Fax#512-475-1771 Fax#512-475-1771
web: http://www.tdi.state.tx.us web:http://wwwtdi.state.tx.us
E-mail:ConsumerProtection tdi.state.tx.us
E-mail: ConsumerProtection{a.tdistate.tx.us
PREMIUM OR CLAIM DISPUTES: Should you DISPUTAS SOBRE PRIMAS 0 RECLAMOS: !�!
have a dispute concerning your premium or about a Si tiene una disputa concerniente a su prima o a un
claim you should contact the Surety first. If the reclamo,debe comunicarse con el Surety primero.Si
dispute is not resolved, you may contact the Texas no se resuelve la disputa, puede entonces comuni-
Department of Insurance. carrse con el departamento (TDI).
ATTACH THIS NOTICE TO YOUR POLICY: UNA ESTEAVISOA SU POLIZA: Este aviso es solo
This notice is for information only and does not para proposito de informacion y no se convierte en
become a part or condition of the attached document. parte o condicion del documento adjunto.
AmTrust Surety
a�rr An AmTnus; Financial Company
Developers Surety and Indemnity Company
Indemnity Company of California
CorePointe Insurance Company
17771 Cowan, Suite 100
Irvine, CA 92614
1-800-782-1546
www.AmTrustSurety.com
ID-1404(TX)(Rev.4/15)
POWER OF ATTORNEY FOR
DEVELOPERS SURETY AND INDEMNITY COMPANY
PO Box 19725,IRVINE,CA 92623 (949)263-3300
KNOW ALL BY THESE PRESENTS that except as expressly limited,DEVELOPERS SURETY AND INDEMNITY COMPANY,does hereby make,constitute and appoint:
**'Bret Tomlinson, Sheri R.Allen,jointly or severally**"
as its true and lawful Attorney(s)-in-Fact,to make,execute,deliver and acknowledge,for and on behalf of said corporation,as surety,bonds,undertakings and contracts of suretyship
giving and granting unto said Attorney(s)-in-Fact full power and authority to do and to perform every act necessary,requisite or proper to be done in connection therewith as each of said
corporation could do,but reserving to each of said corporation full power of substitution and revocation,and all of the acts of said Attorney(s)-in-Fact,pursuant to these presents,are
hereby ratified and confirmed.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolution adopted by the Board of Directors of DEVELOPERS SURETY AND
INDEMNITY COMPANY,effective as of January 1st,2008.
RESOLVED,that a combination of any two of the Chairman of the Board,the President,any Executive Vice-President,Senior Vice-President or Vice-President of the
corporation be,and that each of them hereby is,authorized to execute this Power of Attorney,qualifying the attorney(s)named in the Power of Attorney to execute,on behalf of the
corporation,bonds,undertakings and contracts of suretyship;and that the Secretary or any Assistant Secretary of the corporation be,and each of them hereby is,authorized to attest the
execution of any such Power of Attorney;
RESOLVED,FURTHER,that the signatures of such officers 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 shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond,undertaking
or contract of suretyship to which it is attached.
IN WITNESS WHEREOF,DEVELOPERS SURETY AND INDEMNITY COMPANY has caused these presents to be signed by its officers and attested by its Secretary or Assistant
Secretary this January 29,2015.
\
By:
Daniel Young,Senior Vice-President
W 10 =0
=,c.); 1936 O_
Mark Lansdon,Vice-President :7i``"•..IOW P...' aa'
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached,and not the truthfulness,accuracy,or validity of that document.
State of California
County of Orange
On January 29,2015 before me, Lucille Raymond,Notary Public
Date Here Insert Name and Title of the Officer
personally appeared Daniel Young and Mark Lansdon
Name(s)of Signer(s)
who proved to me on the basis of satisfactory evidence to be the person(s)whose name(s)is/are subscribed
to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized
capacity(ies),and that by his/her/their signature(s)on the instrument the person(s),or the entity upon behalf of
LUCIIIE RAYMOND which the person(s)acted,executed the instrument.
Commissions 2081945
Notary Public-California I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is
2 -4/
Ora Countytrue and correct.Comm.ExPres Oct 13,2018
WITNESS my hand and official seal.
Place Notary Seal Above Signature
Lucille Eay ond,Notary Public
CERTIFICATE ✓✓✓
The undersigned,as Secretary or Assistant Secretary of DEVELOPERS SURETY AND INDEMNITY COMPANY or INDEMNITY COMPANY OF CALIFORNIA,does hereby
certify that the foregoing Power of Attorney remains in full force and has not been revoked and,furthermore,that the provisions of the resolutions of the respective Boards of Directors of
said corporations set forth in the Power of Attorney are in force as of the date of this Certificate.
This Certificate is executed in the City of Irvine,California,this 2 2nd day of January, 2016
By:
Cassie J. rrisford,Assistant Se tary
ID-1438(Rev.01/15)