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Princeton P1-CS 980721The City With A Beautiful Future P.O. BOX 478 COPPEr I, TEXAS 75019 P.O. BOX 478 Coppelt, Texas 75019 972-462-(X)22 Sul~ 21, 1998 Rainier C. omUuction Co., Inc. 2110 Hidden Woods Ct. Ar~, TX 76OO6 Dear Mr. Cripps: A fi~ ~ of l~vin~ mi ut~Uti= for t~ ~ proj~t h= b~ confa~ed by r~=em~v= of t~ City of cepp~. Control Bond will also be two ye~ fix~ the date of thb letm'. M~ Mart~. ~ c~ ~ Ores Jon~s, Chief ~ Official Travis Crump, Fire Marsl~ Bond. No Sf)66-~7~ Know All Men By These Presents That we, W. D. M~hanical. (hereinafter called thc Principal), as Principal. and Washin~on Interns__tional lnsu~ce COnmsnv. Itasca, IL, a corporation duly organized under the laws of the State of Arizona, (hereinafter called the Surety), as Surety, are held and firmly bound unto City of Coo0elL TX. (hereinafter called the Obligee), in the sum of Fourt~n ~9mand four hundred fifty and uo/I00 Dollars ($14,4$0,00), 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 9th day of June. A.D. nineteen hundred and 98. Whereas the said Principal has heretofore entered into a contract with said Obligee dated the 2nd day of February. 1998. for Uffiiti~ - Princeton Park - Co_ ~o0ell. Text; and Whereas, the said Principal is required to guarantee the work listed above installed under said contract, against all defects in materials or workmanship, which may develop during the period. Now, therefore, the condition of this obliga~n is SUCh, thatif 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 thc period Two yea~ from date of comuletion and acceutanee or shall pay over, make good and reimburse to the said Obligee all loss and damage which said Obligee may sustain 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. W. D. Mechanical POWER OF ATTORNEY COMPANY KNOW ALL BY THESE PRESENTS: That the Washington International Insurance Company, a corporation organized and existing under the laws of the State of Arizona, and having its principal office in the Village of Itasca, Illinois does hereby conslitute and appoint W. LAWRENCE BROWN, TRACY TUCKER AND TOBIN TUCKER EACH IN THEIR SEPARATE CAPACITY its true and lawful attorney(s)-in-fact to execute, seal and derNer for and on its behalf as surety, any and all bonds and undertakings, recognizances, contracts of indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required, or. permitted by law, statute, rule, regulalion, contract or oth~se, and the execution of such instrument(s) in pursuance of these presents, shall be as binding upon the said Washington International Insurance Company as fully and amply, to all intents and purposes, as if the same has been duly .executed and acknowledged by its President and its principal office. This Power of Attorney shall be limited in amount to $5,500,000.00 for any single obligation. This Power of Attorney is issued pursuant to authority granted by the resolutions of the Board of Directors adopted March 22, 1978, July 3, 1980 and October 21, 1986 which read, in part, as follows: 1. The Chairman of the Board, President, Vice President, Assistant Secretary, Treasurer and Secretary may designate Attorneys-in-Fact, and authorize them to execute on behalf of the Company, and attach the Seal of the CompanY thereto, bonds, and undertakings, recognizances, contracts of indemn~ and other wrilJngs obligatory in the natm'e thereof, and to appoint S~~~-F~t, who ere hereby autho~zed to cerdfy copies of any power-of-attorney issued in pursuant to this section and/or any of the By-Laws of the Company, and to remove, at any time. any such Attorney-in-Fact or Special Attorney-in-Fact and revoke the authority given him. 2. The signatures of the Chairman of the Board, the President, Vice President, Assistant Secretary, Treasurer and Secretary, and the corporate seal.of the Company, may be affixed to any Power of Attorney, certificate, bond or undertaking relating thereto, by facsimile. Any such Power of Attorney, certificate bond or undertaking bearing such facsimile signature or facsimile seal affixed in the ordinary course of business shall be valid and binding upon the Company. IN TESTIMONY ~~lgton International Insurance Company has caused this instrument to be signed and its corporate seal to be affixed by its a~t~~~ c~' ','~l.~ay of June, 1997. ~- ..~-.- _.._ '. '~ ~.. £ ~: ..~~'~... ~ c WASHING'E~N'll~ERNAT. K;INAL INSURANCE COMPANY ~'~ "'.. ...'" '~"-,'-~ Steven P. An~j~,o~. Vice-President .,..-'" STATE OF ILMNO COUNTY OF COOK) On I~ 2nd day of June. 1997, before me came the individuai who executed the preceding instrument, to me pemonal~ known, and, being by me duly sworn, said that he is the therein described and authorized officer of the Washington intarnalional InsUrance Company;, that the seal affixed to said instrument is the Corporate Seal of said Company;, IN TESTIMO d year first above written. o~ illinois ' Howerton, N Pu(=lic CERTIFICAT My Coltwdssion =,~i~,~ ....... ~-' STATE OF ILLINOIS) COUNTY OF COOK) ~, the undendgned, V*~=~Jent °f WASHINGTON INTERNATIONAL INSURANCE COMPANY, an. ARIZONA Corporation, DO HEREBY CERTIFY that the foregoing and ariz..bed POWER OF ATTORNEY remains in full force and has not been revoked, and furthermore that Article Ill, Section 5 of the By-Laws of the Corporation, and the Resolution of the Board of Directors, set forth in the Power of Attorney, are now in force. Signed and sealed in the County of Cook. Dated the 9~1'~ day of ~Tup. e ,19 98 . ~t k ! IIId, Tm"rg,~mn~kT. ~,X*t~,.Ol, Amr~T~.di , , , ~n~l 6_ooo. oo~ __), ~ mlmm pm~'sm mm' wlxid~ m obtis,~)n, aad ~,mid ~ md, m imm d~dllm~ m dm ~ ~ A mmmmm UNIvEI~AL SURETY OF AME~CA P.O. BOX 1068.t-lmmml, Texas 77251.1068 ddh, er bends for:. pow~, of anorMy of d~ ~poradon, md d~ tach prlnmi t'-mmbm3ie stpumm md #d dull bs vdkl md h where Wbtred, U~ ~ or Amdn bs _cmmd bm Wemm to be dSMd by b Pmmmt,,bck ~ ~ b State ~rTens 8g GD'BNmd~rmybamlmd~e~lofmid~ny, aHoum~T~ ITR dayof R/LY ,19 98,