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Parks Coppell ABQ-CS 870216 MAINTENANCE BOND KNOW ALL MEN BY THESE PRESENTS: That Coppell Construction Ccmpany, Inc. as Principal, and Fai:rm:)nt Insurance Company as Surety, are held and firmly bound unto City of Coppell, Texas as Obligee, in the full and just sum of _Eiqht Thousand. _Six Hundred_$e_venty-Seven and 50/100---Dollars ($ 8,677.50' 3. lawful money of the United States, to the payment of which sum, well and truly' to be made, the Principal and Surety bind themselves, their and each of their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, The Principal has entered into a written contract dated SeptEEt-lber 5 t ][986 with the Obligee for Maintenance of Park Drainage Improvements and WHEREAS, said contract provides that the Principal will furnish a bond conditioned to guarantee for the period of orle %/ear after approval of the final estimate on said job, by the owner, against all defects in workmanship and materials which may become appar- ent during said period. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH that, if the Principal shall indemnify the Obligee for all loss that the Obligee may sustain by reason of any defective materials or workmanship which become apparent during the aforesaid period, then this obligation shall be void, otherwise to remain in full force and effect. Signed, sealed and dated February 16, 1987 Coppell Construction Company, Inc. (Title) Fairmont Insurance Company ' "--~ · (Surew) ~ ~'i~ce Correy / Attorne.y-h~ Fact B-71 (3-75) F' IRMONT INSURANCE COI RANY Burl~nk. California POWER OF A~TORNEY KNOW ALL MEN BY THESE PRF, SENT~: That FAIRMONT INSURANCE COMPANY, a California Corl~)ration, does hereby make, constitute and appoint JANICE CORREY ...... OF DALLAS, TEXAS ..... as its true lawful Attorney(s)-in-Fact, with full power and authority, for and on behalf of the Company as surety, to execute and deliver and affix the seal of the Company thereto, if a seal i s required, bonds, undertakings, recognizances, consents of smety or other written obligations in the nature therof, as follows: Any and all bonds, undertakings, recognizances, consents of su~ty or other written obligations in the nature ther~f, and to bind FAII~MONT INSURANCE COMPANY thereby, and all of the acts of said Attomey(s)-in-Fact, pursuant to these presents, are hereby ratified and cmOs'med. This appointment is made under and by authority of the following Bylaws of the Company, which Bylaws ar~ now in full force and effect: ARTICLE IV, Section 13. A'FrORNEYS-IN-FAC'r AND AGE%'TS. The chairman of the board, the president, the vice pres., ide.nt, the chief financial officer, or the ~ecretary of the corporation may appoint attorneys-in-fact or agents with power aha. a?.hority, as defined or limited in their respective powers of attorney, for and on behalf of the corporation to execute · .no oeliver, and affix the seal of the Corporation thereto, bonds, undertakings, recognizances, consents of rarely or other written obligations in the nature thereof and any of said oficers may remove any such attorney-in-fact or agent and Evoke the power and authority given to him or her. A.R. TICLE .IV, Section 14. AUTHORITY TO BlinD. Any bond, undertaking, recognizance, consent of surety or w~itten .ooug.at?n m th.ejnatur.e th.ereol sh.a.H be valid .and .binding upon the corporation when signed by the chagrman of the a~ndr~, t. he~ p.,resme,n!, the .v~e..p?s!?nt, the chef financial officer, or the ~'retary of the COllar_ ation an~. duly attested an ~ea~eo. u · seal ~s reqmreo, oy. me ~'te. tary or. assistant ~-'retaty, or shall be valid and bi, din8 upon the corporation w..l?? d.~y.?x~ute,d.and ~?le.d, if · seal,? r~.q. tared: by a duly a, uthorized attorney-in-fact or agent, pm'~mnt to ~ w~nm me UmKS m me aumonty ~'anteo Dy his or ncr Power m attorney. This power of attorney is signed and sealed by facsimile under and by the authority of the following Resolu- tion adopted by the Board of Directors of FAIRMONT INSURANCE COMPANY at a meeting duly called and held on the 4rd day of October, 1983: ,, y,SOL.V~..D t. hat the signatu,re of any officer a.ut.horized by the Bylaws, and the ~eal of the corjx~a~, may be affixed ~,acs~m, ne ~o, ?ny, power mat. torney or specm,~ power ota~orney, or certifica.tion of.either ~ven for. the execution of any. ~on, o, u, noenaK.n~, .r~.ogn?an, ce co. nsent..or s.urety or other written o~. ligahon in the nature thereof; such signatur~ · no. ~,·[. when so ?eo,?e?g n.?r, eoy ~a?0p?a I)y the c.orporal~on .as the.o, nginal signature of such officer and the original a~fai~e~l ~he corporation, to ~e va~.o ann ommng upon the corporatmn wsth the same force and effect as though manually I~ WrI'NESS WHEREOF, FAIRMO~ INSURANCE COMPANY has caused these presents to be signed by its proper officer and its corporate seal to be hereunto affixed this 22nd day of Ma~ch of 3.985 _,,~:&~.~"-':',:?'.~:f A FAIRMONT INSURANCE COMPANY ! APR. By ~'~ ~ .... :':~' q~'~ Sis Henry F. Wright, Vi ~residen -'qWIllNlll%%'u' . ~. l~rmled m U S A s ,\3 (3/ss) State of California County of Los AnseleaJ Henry F. Wright , personally known to me, was by me duly sworn, and did depose and say: that he/she resides in the State of California; that he/she is the duly elected vice president of FAIRMONT INSURANCE COMPANY, the corporation described in and which executed the above instru- ment; that helshe knows the seal of said corporation; that the seal affixed to said instrument is such cor- porate seal; that it was so affixed by authority of his/her office under the Bylaws of said corporation, and that he/she signed his/her name thereto by like authority. Subscribed and sworn to me this 22nd day of z~tarch , 1985 . . ! ~~ NOTARY PUOLIC~CALI~NIA I Nota~ Pub~ in and ~' B ~~ FRaNC,PAL O~,C~ ,N I for said County and State. I ~_ ~ANGE~S~U~ ~R~~O~ I, ~ A. ~~ , the ~sist~ Secze~ of FA~O~ INS~NCE COMPAq, ce~ify t~t the fo~oing ~wet of attorney and the a~ve quoted ~ions 13. ~d 14. of A~icle IV of the Bylaws have not ~en abddged or mvoked and are now in full fore and eff~. Si~ed and Sealed at But~nk, California, this 16~ day of r~~ , 19 8T.