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Villages C P1-CS 860714 SEABOARD SURETY COMPANY HOME OFFICE: NEW YORK, N. Y. NO. 102352 $35,307.55, MAINTENANCE BOND KNO~ALLMBNBYTHBSE PRESENTS: That 3AHO, INC. of HOUSTON , Texas, as principal and SEABOARD SURETY COMPANY, NEW YORK, NEW YORK, as surety are held and firmly bound unto COPPELL MUNICIPAL UTILITY DISTRICT NO. 1 as obligee in the amount of THIRTY FIVE THOUSAND, THREE HUNDRED SEVEN AND 55/100 .............................. {$35,307.55 ) dollars for the payment thereof principal and surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Whereas, principal has by written agreement entered into a contract with COPPELL MUNICIPAL UTILITY DISTRICT NO. 1 for construction of ~ WATER~ SANITARY SEWER AND STORM DRAINAGE IMPROVEMENTS TO SERVE THE VILLAGES OF COPPELL, PHASE I Now, therefore, the condition of this obligation is such that the said work is guaranteed against defective workmanship and materials for a period of one year from date of completion. Any suit under this bond must be instituted before the expiration of two (2) years from the date on which final payment under the contract falls due. Signed and sealed this 14th day of July , 19 86 . smo C. Stephen Crum Attorney-in-fact TARPEY & COMPkNY LIC£N~ ~OLOZ~ P. O. BOX 924528 HOUSTON, TF. XAS 77292-4528 TEXAS LOCAL RECORDING AGENTS Oozy SE OARD SURETY CO ANY × ? No. 12 5 ? New York, New York POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That SEABOARD SURETY COMPANY, a corporation of the State of New York, has made, constituted and appointed and by these presents does make, constitute and appoint Richard [-[ea.(] or Andrew J. Janda or John F. Rougagnac or C. Stephen Crum or Virginia J. Witty or Henry D. Childers or Jim Baughman of Houston, Texas its true and lawfu Attorney-in-Fact, to make, execute and deliver on its behalf insurance policies, surety bonds, undertakings and other instruments of similar nature as follows: Without Limitations Such insurance policies, surety bonds, undertakings and instruments for said purposes, when duly executed by the aforesaid Attorney-in-Fact, shall be binding upon the said Company as fully and to the same extent as if signed by the duly authorized officers of the Company and sealed with its corporate seal; and all the acts of said Attorneyqn-Fact, pursuant to the authority hereby given, are hereby ratified and confirmed. This appo~rtlmenl is made pursuant to the following By-Laws which were duly adopted by the Board of Directors of the said Company on December 8th, 1927, with Amendments to and including January 15, 1982 and are still in full force and effect: ARTICLE VII, SECTION 1: "Policies, bonds, recognizances, stipulations, consenls of surety, underwriting undertakings and instruments relating Iherelo. Insurance policies, bonds, recognizances, stipulations, consents of surety and underwriting undertakings of the Company, and releases, agreements and other writings relating in any way thereto or to any claim or loss thereunder, shall be signed in the name and on behalf of the Company (a) bY the Chairman of the Board, the President, a Vice-President or a Resident Vice_President and by the Secretary, an Assistant Secretary, a Resident Secretary or a Resident Assistant Secretary; or (b) by an Attorney-in-Fact for the Company appointed and authorized by the Chairman of the Board, the President or a Vice-President to make such signature; or (c) by such other officers or representatives as the Board may from time to time determine. The seal of the Company shall if appropriate be affixed thereto by any such officer, Attorney-in-Fact or representative." IN WITNESS WHEREOF, SEABOARD SURETY COMPANY has caused these presents to be signed by one of its Vice- Presidents, and its corporate seal to be hereunto affixed and duly attested by one of its Assist&nt Secretaries, this .... 'lst ....... day of ........... A..~.~.U.~..g ....................... 19_8.4 '~~ Attest: ,/~ ? /2 SEABO, A~D SURETY COMPANY,/.,, "~'~ (Sea B.. ~...~..~ ....... STATE OF NEW ~.O..~_z? ss.: ~" / Vice-President COUNTY OF NEW ~D"RK On this 1st da,, of August ,19 84 ......... ~l~.~'~.'~:""~. 'GOi:~ ............................................................................................... before me personally appeared ................................................................................................................................ a Vice-President of SEABOARD SURETY COMPANY, with whom I am personally acquainted, who, being by me duly sworn, said that he resides in the State of .... N'.e~,...J.e.rs_ey; that he is a Vice-President of SEABOARD SURETY COMPANY, the corporation described in and which executed the foregoing instrument; that he knows the corporate seal of the said Company; that the seal affixed to said instrument is such corporate seal; io affixed by order of the Board of Directors of said Company and that he signed his name thereto as Vice-President of y by likes~[~,.[it~ SIMMONS Notary Publi~, State ~, New York _ No. 41-901~iH2 --, ~-~/ Certificate Filed in New York County ....... '? ....... ~ .... ~o'~r'~ublic'"'~ Commission Expires March30, tg~ C E R T I F I C A T E " '",~_~tc~e undersigned Assistant Secretary of SEABOARD SURETY COMPANY do hereby certify that the crt§ na Power of Altorney of which the foregoing is a full, true and correct copy, is in full force and effect on the date el this Certificate and I do further certily that th~ Vice-President who executed the said Power of Attorney was one of the Officers authorized by the Board of Directors to appoint an attorney-in-fact as provided in Article VII, Section 1, of the By-Laws SEABOARD SURETY COMPANY. This Certificate may be signed and sealed by facsimile under and by authority of the lollowing resolution of the Executive Committee of the Board of D~r~]cto~s el SEABOARD SURETY COMPANY at a meehng duly called and held un Ihe 25th day ol March 1970 "RESOLVED: (2) That the use of a printed facsimile of the corporate seal of the Company and of the signature of an Assistant Secretary on any certification of the correctness of a copy of an instrument executed by the President or a Vice-President pursuant to Article VII, Section 1, of the By-Laws appointing and authorizing an attorney-in-fact to sign in the name and on behalf of the Company surety bonds, underwriting undertakings or other instruments described in said Article VII, Section 1, with like effect as if such seal and such signature had been manually affixed and made, hereby is authorized and approved." IN WITNESS W, HEBEOF, I have hereunto set my hand and affixed the corporate seal of the Com an to these resents th~s ~ J_~tn . - Jul,, 8" P Y P ' si~.,.~ ~ ..................................... (]ay o~ ...... ~. .............................................................. 19....~ ...... ~ Assista~ecretary Form 957 (Rev 7/84) For verification of the o ,~ .~,-.H..en.u,~y Of this Power of Attorney you may call, collect. 212-943-7440 and ask for the Power of AHo~ney clerk Please refer to 'w