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Grapevine Creek-CS 911029 (2) GIBSON & ASSOCIATES, INC. Engineers and Contractors 11210 Ryliecrest 214/557-1199 P. O. Box 800579 Balch Springs, Texas 7 5180-0579 October 29, 1991 Mr. Larry Davis The City of Coppell 255 Parkway Blvd. Coppell, Texas 75019 Re: Gateway Business Park Grapevine Creek Dear Sir: Enclosed please find the Maintenance Bond on the above referenced project. If there are any questions regarding this matter, please call me. Yours very truly, GIBSON & ASSOCIATES, INC. ? -? ~ A.J. ~ohnston Vice President AJJ/md encl: cc: Mr. Pat Acker/Albert H. Halff Associates, Inc. Mr. Wayland Threadgill/Catellus Development ' CHUBB CROUP OF INSURANC,__ COMPANIES ~. 2~ ~-~ %.,J I~ .I~.~ FEDERAL INSURANCE COMPANY MAINTENANCE BOND Bond No. 8126 ~.~ ~ Amount S 45,!g3.~ Know All Men By These Presents, :- .... ._.'. ~, ., ..~.'.' .-.:- ..... , .:;.'. ?. " ~:o :,: BaJ_ch Springs, Texas 75280-0 5,.7q {hereinafter called the Pr~ncipail. as Principal. and the FEDERAL INSURANCE COMPANY. Warren. New Jersey. a corporation duly organized under the laws of the State of Indiana. (hereinafter called the Surety), as Surety. are held and firmly bound unto CiTY OF COPPELL City Hall Coppell, Texas (hereinafter called the Obligee), in the sum of Forty Five Thousand One Hundred Thirty Three and no/lO0 Dollars (S 45,133 · 00 ). for the payment of which we. the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Sealed with our seals and dated this 24th day of October A.D. nineteen hundred and Nlnety One. WHEREAS. the said Princ;pal has heretofore e~tered into a coqtract w;th sa~d Obligee dated 19 'Or J:'::.l[[,,' ':r,.' [.:.::.:.':,',' '"': : '""":"::~' ':' CoF:pe.t i, Texas WHEREAS, the said Principal is required to guarantee the Grading ancl Drainage - Grapevine Creek installed under said contract, aqainst defects in materials or workmanship, which may develop during the period of one (1) year from da~e of acceptance. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall faithfully carry out and perform the said guarantee, and shall, on due notice, repair and make good at its own expense any and all defects in materials or workmanship in the said work which may develop during the period or shall pay over, make good and reimburse to the said Obligee all loss and damage which said Obligee may sus- tain by reason of failure or default of said Principal so to do, then this obligation shall be null and void; otherwise shall remain in full force and effect. GIBSON & ASSOCIATES, iNC. Principal By: FEDE,RAL/I~URANCE COMPANY ~" _.__ Lind~ '. 0 ~'a].e, Attorney-in-Fact POWER OF ATTORNEY Know all Men by these Presents, That the FEDERAL INSURANCE COMPANY, 15 Mountain View Road, Warren, New Jersey. an Indiana Corpora- :ion, has constiluted and appointed, and does hereby constitute and appoint Rosemary Weaver, K. R. Harvey, Jerry P. Rose, Linda O'Nale and John R. Stockton of Dallas, Texas ~=ach /ts true and lawful Attorney-in-Fact to execute under such designation in its name and lo affix its corporate seal to and deliver Ior and on its behalf as surety :hereon or otherwise, bonds of any of the following classes, to-wit: 1. Bonds and Undertakings (other than Bail Bonds) filed in any suit. mailer or proceeding in any Court. or filed with any Sheriff or Magistrate, for the doing or not doing of anything specified in such Bond or Undertaking. 2. Surety bonds to the United States of America or any agency thereof, including those required or permitted under the laws or regulations relating to Customs or Internal Revenue; License and Permit Bonds or other indemnity bonds under the laws. ordinances or regulations of any State, City. Town, Village. Board or other body or organization, public or privale; bonds to Transportalion Companies, Lost Instrument bonds; Lease bonds. Workers' Compensation bonds. Miscellaneous Surety bonds and bonds on behalf of Notaries Public. Sheriffs, Deputy Sheriffs and similar public officials. 3. Bonds on behalf of conlractors Jn conneclion with bids. proposals or contracls. In Witnase Whereof. the said FEDERAL INSURANCE COMPANY has. pursuant to ,ts By-Laws. caused these presents to De s~gned Dy RS V,ce Pres,den: anc Assistant Secretary ant ~ts corporate seal · ~ de nereid aff,xec~ ~h,s ]- S t day of January ~9 9 1 -%orporale Seal ~~ FEDERAL IN.~jANCE COMPANY R~c~arcl D O'Connor · A~ai~tan! Secretary STATE OF NEW JERSEY / SS. County of Somerset O'~tn,s 1st dayof January 19 91 ~betommepe~a~ycameR~chardD~nn~t~mekn~wnandpymeKn~wntObeAs~s~stantSeoratary~theFEDERAL~NS~RAN~E COMPANY. Ihe corporation 0asc.hed ~n and whicl~ executed the foregoing Power of AttOrney. and the said R,chard D O'Connor bemg by me duly Sworn. OKI depose and say that he ts Assistant Secretary 0~' the FEDERAL INSURANCE COMPANY and Knows the corporate seal thereof, that the seal affixed to Ina toragoing Po~er of A~torney ts such corporate seal and waS thereto aff~xed by authority of the By-Laws o! sa~d Company. amd thai he s~gned said Power Of Attorney as Aastsrant Secretary of sa~ Company by hke authorey, end th&l ha ts acquainted w~th James D. D~xon and knows h~m to be the Vice President of sa,d Company. and t~al t.e s,gnature of as~0 James D. O~xon S~hscnt~d tO Se~0 POwer of Attorney ~S ~n the genuine handwnt~ng of said James O. Dixon and was thereto suhecr~O~Kl by author,ty Of se~l ay-Laws and ,n deponenl's presence. J~,N;.'[ A SCAV Notary Pubhc "~olarv Public. Siale o~: New Jllr~tt CERTIFICATION No 2066.520 STATE OFNEW JERSEY 'I~ SS. ~_,~.mm~sfqor' Expares Octot)er 2, 1~ County of Somerset ! '.he undersigned. Aaststant Secretary of the FEDERAL INSURANCE COMPANY. do hereby cart,fy Iha~ the toflow~ng ts a true excerpt from the By-Laws of the said Company as aoo~ed by ~ts Board of D~ractors Secl~on ~ All DOPers O~ altomey to~ am:l on behalt Of the Company may ami shall be ex~'..uted in the name and o~ behalf Of the Company. either dy the Chmrman or the Vice Chairman or the Pmsl~ent or a Wce Pras~dent Dca, e; of attorney or tO any certificate rela~ng thereto a~oomfing Aaststant Sec~tanes of,~in-Fact fox' pur~zx~ees only Of execuf~ng and atles~ing Dot, ds ~ undertakings and ofher writings ot)l~gato~y ~n the natore ~ ~urt.er certify that sa~o FEDERAL INSURANCE COMPANY ts duly licensed to transact f~tahly and surety Pus;flass ;n each of the Stales Of the Umtecl Sta~es Of AmerK:a. D~stnct of Cofumb;a. Puerto R,co. and each of the p.ovmces of Canada with the excephon of Pn nce Edward IsianO; and is also duly licensed to become sole surety on bonos, unClertak,hgs, etc., permitted or reouire~ by law ; the undersigned Assistant Secretary of FEDERAL INSURANCE COMPANY. Od hereby certify that the foregoing Power of Attorney ts ~n full torce and effect G,ven under my hand and the seal Of said Company at Warren. N.J. this 2 ~1 t, h day ~ 0 C t O be r . ts 91