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Town Center L3B1-CS 960503The City With A Beautiful Future P.O. Box 478 Coppell, Texas 75019 214-462-0022 May 3, 1996 Steven D. Jarvis Faison Stone 5215 N. O'Conner Blvd. Irving, TX 75039 RE: Comerica Bank Final Acceptance Dear Sir: A final inspection of paving and utilities for the referenced project has been conftrmed by representatives of the City of Coppell. The two-year maintenance bonds and as-built drawings have been received from the contractor. Maturity on the bonds will be two years from the date of this letter. Maturity on the Erosion Control Bond will also be two years from the date of this letter. Construction Inspector CC: Kenneth M. Griff'm, P.E., ACM/City Engineer Ted Dutt, Interim Utilities Superintendent Per Birdsall, Street Division Greg Jones, Chief Building Official Jeff Jones, Fire Marshal Doug Stevens, Engineering Technician Dennis Gray w/McCleary/German Associates FAX 552-9810 Steve McGiboney/Project Manager Adena Nichols/Comerica Bank FAX 589-2910 file/ldavis/0finalac.ltr B~ND NUMBER P2662319 SURFACE RESTORATION BOND THE STATE OF TEXAS § COUNTY OF DALLAS § KNOW BY ALL MEN PRESENTS: THAT WE, GASKEY CONSTRUCTION CORPORATION as Principal, hereinafter called "Contractor", and the other subscriber hereto as Surety, do hereby acknowledge ourselves to be held and firmly bound to the City of Coppell, a municipal corporation, in the sum of : THIRTY FIVE THOUSAND THREE HUNDRED NINETY THREE DOLLARS AND NO CENTS DOLLARS ($35,393.00) for the payment of which sum well and truly to be made to the City of Coppetl, and it's successors, the said Contractor and Surety do bind themselves, their successors and assigns jointly and severally. The conditions of this obligation are such that: WHEREAS, the said Contractor has entered into a contract in writing with COMERICA BANK, dated November 20, 1995, for: CONSTRUCTION OF NEW BANK BUILDING INCLUDING UTILITYANDPAVING NOW, THEREFORE, if said Contractor shall repair, replace and restore any and all defects in or damages relating to all surface work associated with backfill operations of subsurface work discovered within two (2) years from and after the date of the final completion of the p~oject, which defects or damages result from, arise out of or relate to workmanship of the Contractor in connection with said contract, then this obligation shall become null and void, and shall be of no further force and effect; otherwise, the same is to remain in full force and effect. IN TESTIMONY WHEREOF, the said Principal and Surety have signed and sealed this instrument on the respective dates written below their signatures. ATTEST/SEAL (if a corporation) WITNESS (if not a corporation) Name: Title: . ATTEST/WITNESS: (SEAL) ~Ya~-~: Darlene Quinn Title: Secretary RELIANCE NATIONAL INDEMNITY COMPANY Name: // Ju~. 'D~ld Title:L/ Attorney-In-Fact Date: April 24, 1996 P~LIANCE SURETY COMPANY UNITF..D PAcnrIC INSURANCE COMPANY ~-LIANCE INSURANCE COMPANY RELIANCE NATIONAL INDEMNITY COMPANY STATE OF Pennsylvania COUNTY OF Philadelphia ADMINISTRATIVE OFFICE, PHILADELPHIA, PENNSYLVANIA POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that RELIANCE SURETY COMPANY is · corporation duly organized under the iaWl of the State of Del- aware, and that RELIANCE INSURANCE COMPANY and UNITED PACIFIC INSURANCE COMPANY, are corporations duly organized under the iawl of the Commonwealth of Pennsylvania and that RELIANCE NATIONAL INDEMNITY COMPANY is a oorporation duly organized under the laws of the State of Wieoonaln (herein oollectivaly celled "the Companies") and that the Companies by virtue of signature and seals do hereby make, constitute and appoint J.F. Speflce, Jr., Judy M. Dold., of Houston, Taxes their true and lawful Attorney(a)-in*Fact, to make, execute, seal and deliver for end on their behalf, and as their act and deed any and all bonda end undertakings of suretyship and to bind the Companies thereby as fully end to the sams extent as if such bonds and undertakings and other writings obligatory in the nature thereof were signed by an Executive Officer of the Companies and sealed and attested by one other of such officers, and hereby ratifies and confirms all that their ooid Attornay(e)-in-Fact may do in pursuance hereof. This Power of Attorney ia granted under and by the authority of Article VII of the By-Lawa of RELIANCE SURETY COMPANY, REUANCE INSURANCE COMPANY, UNITED PACIFIC INSURANCE COMPANY, and RELIANCE NATIONAL INDEMNITY COMPANY which provialon~ ara now in full force and effect, reading as follows: ARTICt. E VII - EXECUTION OF BONDS AND UNDERTAKINGS 2. Alle~lH~-lfl-Feel dtdl hive SeWM 8nd euthohW, odu~mt to ~t~mo mild limi~g~sft8 dttw PewM of AflM~Oy rogued t®thom, to ellesse ~ oft bdMlf of tho C~efly. boftd8 end mdMt4idfl~, rMm~iaen~o, eomr4mm at ~end e4hM wMingo eindigM~y tfltho nMwo Uwroof. Tho CMOMmO e~i ie nm Moemery fM tho vdiddy d ,ny bon~ end 3. Atte~toy4oJ4w4toc~ ghdl hmm I~OWM end ~ to execute effidm~to re~ed to bi ~ta~e¢l to I~-~bi. rocogr~r~o, c~Mrecto d indemnity M other eMtditiend M oldigMory Thil P~W4Br of A~IMney i~ Mgned ff ooded by fMmimfle UrldM ff by mJ~Cwity of ~m fMiowin0 rM44mmn Mol)led by t~ Exec~bve end Fin4n¢o Comm~ee~ of the aoercle of Directors of RMience blmfrmme CalUMny. Uflitod P'~fi¢ Irtm4rermo Cempeny end RMiencm N~tiend Irdemflily ComOany by Ufl~f~mo~8 ConNnt detod M of FoMuary 28. 1084 end by tho Exect~we er4J Fmo~id CMIvn~ee d ~he ~ 04' Difectml of RMiencl bety Contl~frf by ~ CMlen~ dated el o! MMch 31, lee4. IN ~Nn'NESS WHEREOF, tho Companies have caused these presents to bo signed and their corporate seals to bo hereto affixed, this December 19~6. ]I~.IANCE SURETY COMPANY RELIANCE INSURANCE, COMPAHY UNTrED PACD=]C INSURANCE COMPANY On thio, Douembor 19, 1995, before me, Tommy Sue Kayak, personally appeared David T. Akars, who acknowledged himself to bo the Senior Vice Proaldant of the Reliance Surety Company, and tho Vice President o4 Reliance Insurance Company, United Pacific Insurance Company, and Reliance National Indemnity Company and that aa such, being authorized to do so, executed the foregoing instrument for the purpose therein contained by signing tho name of the corporation by himself ae its duly authorized offioer. In witnessTAMMY whereof, I hereunto set my handCily of Philadelph~.SUENOTAF~AL KAYATI.SEAL Phila.N°tarY County _pobit, and offioial seal. ~~_~'~,r, L/r t' L.~! /] 4/~,~.,.°~ ~a~lp~r~-' /~/~.]~ '~ Notary Publio in for the State of nnsylvanie M)P Commission Expires July 20. 1,99,8 Residing et Phil hie I, Anita Zippers, Secretary of RELIANCE SURETY COMPANY, RELIANCE INSURANCE COMPANY, UNITED PACIFIC INSURANCE COMPANY, and REUANCE NATIONAL INDEMNITY COMPANY do hereby certify that the above and foregoing ia a true and correct copy of the Power of Attorney executed by aald Companies, which is still in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seals of said Companies thts2 9~) 6 Secretary