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Villages C P3&4-CS 911021L. H. LACY CO. October 21, 1991 City of Coppe!l Attrl: Bec!,;y Davis P.O. Box 478 Cop~ell, Texas 750t9 Re: Villa,_-4es of Coppell Phase" ~ Dear Becl,:y, As per our conversa'don Ootober 21. 1991, find enciosed Maintenaooe Bo~ds for the above refete~ced project phases. Please for~rd them to If I may be of assistance p!ease ?~e me a call at (2!4) 257-01 9incerel~, L. M. LACY COMPANY S,.a t~ r. ly ~'eel Proiect Administrator Enclosures Gra.qd / Lat,:es of Coppell III t3t'ar~d Homes. Inc. Job File ~412 L. H. Lacy Company ~ 10888 Shady Trail General Contractors ~~*"~';~'2 ......... ~ P.O. Box 541 297 214/357-0146 "Quality Construction for over 65 Years" Dallas, Texas 75354-1 297 MAINTENANCE BOND Bond No. BNS128 87 76 Amount: $20,099.87 KNOW ALL MEN BE THESE PRESENTS, That we, L.H. LACY COMPANY , as Principal, and FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY , a corporation duly organized under the laws of the State of New Jersey and duly licensed to transact business in the State of Texas (hereinafter called the Surety), as Surety, are held and firmly bound unto the CITY OF COPPELL, TEXAS (hereinafter called the Obligee) in the sum of --Twenty Thousand~ Ninety-Nine and 87/100 Dollars for the payment of which sum well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, formally by these presents. Sealed with our seals and dated this 18th day of October , 19 91. WHEREAS, the said Principal has heretofore entered into a contract with Grand Lakes of Coppell III , dated May 23, 1991 , for Paving Improvements to serve Villages of Coppell, Phase 3-A and, NOW, THEREFORE, the condition of this obligation is such that if said Principal shall faithfully carry out and perform the said guarantee, and shall, or due notice, repair and make good at its own expense any defects which are the result of faulty workmanship and materials in said contract which may develop during the period of one (1) year, 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 to do so, then this obligation shall be null and void; otherwise shall remain ~.n full force and effect. L. H. LACY COMPANY Principal By: ~ FIREMEN'S INSURANCE COMPANY OF NEWARK, Surety N~w Jw.~SEY By: Rosemary Weave~, Attorney - Firemen's Insurance Company o! Newara:, jelse¥ 180 M~uen Lane, New York, New York.38 . GENERAl. POWER OF ATi'ORNEY Know all men by these Present~, That the FIREMEN'S INSURANCE COMPANY OF NEWARK, NE~ JERSEY has made, constituted and appointed, and by these presents does make, constitute and appoint Rosemary Weaver o~ Dallas, Texas its true and lawful attorney, for it and in its ;ama, place, and stead to execute on behalf of the said Company, as surety, bonds, undertakings and contracts of suretyship,to be given o Alt Obligees provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed in amount the sum Two Millon Five Hundre~ Thousan~ ($2,500,000.) Dollars. This Power of Attorney is granted and is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of the FIREMEN'S INSURANCE COMPANY OF NEWARK. NEW JERSEY at a meeting duly called and held on the 20th day of February, 1975: "RESOLVED, that the Ch~'rman ol the Board, the V~ca Chmrman of the Bocci. the P ca,dent, an Executive Vice P,es~clent o~ a San,3~ V ce President or a Vice PreScient ol the C~I'~9a~/. be. ~ that each ~' any ot them hereby is. authorized to execute PowerS of Attorney ¢luahly~ng the attorney named ~n the g~vefl Power of Attorney to execute FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY, t:x3nds, unde~lakings and ali contraCtS of suretyShig: and that an Assistant Vice President, a Secretan/ A~Ia~I $ecrata~ t3e. and that each or any of them hereby iS. authOriZed to attest the executiOn of any such Power of Attorney. and to attacl~ thereto the seal of me FURll-IER RESOLVED, that the signatures of such officerS and the seal ol the Company may be affixed to any such Power of Attorney or tO any c~titicate relal~g thereto by facsi~lile, an~ ~ suctt Power ol Altome¥ or ce~t~hcate bearing such tac$~m~le s~gnatures or facs~m~ · seal shall be valid and b nd~ng ul3on the Coml3any ~ so aJl.,ed am:t ~n the lulurl w~tll respect tO ar~ t3om:t, undertaking or contract of suretyship to which it is attache(t" In Wltne~s Whereof, the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY has caused its official seal to be hereunto affixed, and these presents to be signed by one of its Vice Presidents and attested by one of its Assistant Vice Presidents this 4th day of June, 1984. FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY Attest: By STATE OF'NEW JERSEY } ~.= COUNTY OF MIDDLESEX On this 4th day of June, 1984, before me personally came Michael J. Beernaert, to me known, whO being by me duly sworn, did depose and say that he is a Vice-President of the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY, the corporation described in and which executed the above instrument: that he knows the seal of the said corporation: that the sea affixed to the said instrument is sucl~ corporate seal; that it was so affixed by order of the 8oard of Directors of said corporation and that he signed his name thereto by like order. ~ Cemm~ F_~re~ June 23 198~ CEI=ITIFICATE I, the undersigned, an Assistant Vice President of the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY, a New Jersey corporation, DO HEREBY CERTIFY that the foregoing and attached Power of Attorney remains in full force and has not been revoked; and furthermore that the Resolution of the Board ot Directors, set forth in the said Power of Attorney, is now in force. Signed and sealed at Piscataway, in the State of New jersey. Dated the )~'~'lr~ day o, ~(.I)..~'~ ,19~1. James M. Keane. Assistant Vice P~esiclanl ~ ia U.S.A, Bond No. BNS128 87 76 Amount: $20,099.87 KNOW ALL MEN BE THESE PRESENTS, That we, L.H. LACY COMPANY , as Principal, and FI~EMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY , a corporation duly organized under the laws of the State of New Jersey and duly licensed to transact business in the State of Texas (hereinafter called the Surety), as Surety, are held and firmly bound unto the CITY OF COPPELL. TEXAS (hereinafter called the Obligee) in the sum of --Twenty Thousand~ Ninety-Nine and 87/100 Dollars for the payment of which sum well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, formally by these presents. Sealed with our seals and dated this 18th day of October , 19 91. WHEREAS, the said Principal has heretofore entered into a contract with Grand Lakes of Coppell III , dated May 23, 1991 , for Paving Improvements to serve Villages of Coppell, Phase 3'A and, NOW, THEREFORE, the condition of this obligation is such that if said Principal shall faithfully carry out and perform the said guarantee, and shall, or due notice, repair and make good at its own expense any defects which are the result of faulty workmanship and materials in said contract which may develop during the period of one ~1~ year, 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 to do so, then this obligation shall be null and void; otherwise shall remain in full force and effect. L. H. LACY COMPANY Principal By :/ ~ -' FIREMEN'S INSURANCE COMPANY OF NEWARK, Surety By: Rosemary Weave~, Attorney MAINTENANCE BOND ' Bond No. BNS128 87 77 kmount:.. $14,672.58 KNOW ALL MEN BE THESE PRESENTS, That we, L.H. LACY COMPANy , as Principal, and FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY , a corporation duly organized under the laws of the State of New Jer$ey and duly licensed to transact business in the State of Texas (hereinafter called the Surety), as Surety, are held and firmly bound unto the CITY OF COPPELL, TEXAS (hereinafter called the Obligee) in the sum of --Fourteen Thousand. Six Hundred Seventy Two and ~8/100-~ollars for the pa~rment of which sum well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, formally by these presents. Sealed with our seals and dated this 18th day of October , 19 9~. WHEREAS, the said Principal has heretofore entered into a contract with Grand Homes, Inc. , dated May 8. 1991 , for Paving Improvements to serve Villages of CoDDell. Phase 4-~ and, ' NOW, THEREFORE, the condition of this obligation is such that if said Principal shall faithfully carry out and perform the said guarantee, and shall, or due notice, repair and make good at its own expense any defects which are the result of faulty workmanship and materials in said contract which may develop during the period of one ¢1) year, 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 to do so, then this obligation shall be null and void; otherwise shall remain in full force and effect. L. H. LACY COMPANY Principal By: 'J d FIREMEN'S INSURANCE COMPANY OF NEWARK. Surety NEW JERSEY BI;: Rosemary Weaver, Attorney - ·Firernen's Insurance Company o! Newg l , New Jersey' 180 I~den Lane, New York, New York i~038 GENERAL POWER OF ATTORNEY Know all men by these Present~, That the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW' JERSEY has made, constituted and appointed, and by these presents does make. constitute and appoint Rosemary Weaver of Dallas, Texas its true and lawful attorney, for it and in its name, place, and stead to execute on behalf of the said Company. as surety, bonds, undertakings and contracts of suretyship.to be given to All Obligees provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed in amount the sum of Two Millon Five Hundred Thousan~ ($2,500,000.) Dollars. This Power of Attorney is granted and is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of the FIREMEN'S iNSURANCE COMPANY OF NEWARK, NEW JERSEY at a meeting duly called and held on the 20th day of February, 1975: "RESOLVED, that the Chmrman ol the Boarcl. the Vice Chalrmart of the Board. the P,es~(tent. an Executive V~ce President or a Se~3t Vice Pres~dant or a Vice Pr~(]~It of th~ ' the attorney named in the given Power of Attorney to exlcutl in C43m~any. be. an(I that each or any ol them hereby is. authorized to execute Powers ct Attorney cluahl,/~ng FIREMEN'S INSURANCE COMPANY OF NEVVARK. NEW JERSEY. bonc~s, undertakings an~l all contracts of suretyship: and that an Assistant Vice President. a Sacrataty or alt Assistant Sactata~ be. and that each ~' any of them hereby il. authorized to attest the execution ol any such Power of Attorney. ~ to attach thereto the seal of the Company. FURTHER RESOLVED. that the signatures of such officers and the seal. . of. the Company may be affixed to any such. Power. of. Attorney or tO any certificate r~lating thl¢~O, by lacsimila, and any such Pow~' of Attorney o~ certificate bearing such facsimile s~gnatureS or facs~rn~te seat Shall be valid and b~nd~ng Ul3On the Company when so alfixld anti ~n the luture mill resl3ect to any II:X:xx]. undertaking or contract of suretysl~p to which it is attached" In Wltnees Whereof, the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY has caused its official seal to be hereunto affixed, and these presents to be signed by one of its Vice Presidents and attested by one of its Assistant Vice Presidents this 4th day of June. 1984. FIREMEN'S iNSURANCE COMPANY OF NEWARK, NEW JERSEY Attest: By · STATE OF 'NEW JERSEY COUNTY OF MIDDLESEX On this 4th day of June, 1984, before me personally came Michael J. Beernaert, to me known, who being by me duly swo~, did dePOse and say that he is a Vice. President of the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY, the corporation described in and which executed the above instrument; that he knows the seal of the said corporation; that the seal affixed to the said instrument is such corporate seal; that it was so affixed by order ct the Board of Directors of said corPOration and that he signed his name thereto by like order. ..-";*. ....... '..:r.,~\ ~.. ,,.,, My Cemm~ E.,~res,Ju~e 23, t98~ CERTIFICATE I, the undersigned, an Assistant Vice President of the FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY, a New Jersey corporation, 130 HEREBY CERTIFY that the foregoing and attached Power of Attorney remains in full force and has not been revoked; and furthermore that the Resolution of the Board of Directors, set forth in the said Power of Attorney, is now in force. s,o,,,,, ,,,.,, a, ,n ,,. s,,,. o, ,,a,.,, ,,. ,,,',, o, ." / . James M. Keene. Assistant Vice Presidett MAINTEN~CE BOND ' Bond No. BNS128 87 77 Alnount: $14,672..~8 KNOW ALL M~N BE THESE PRESENTS, That we, L.H. LACY COMPANY , as Principal, and FIREMEN'S INSURANCE COMPANY OF NEWARK, NEW JERSEY , a corporation duly organized under the laws of the State of New Jersey and duly licensed to transact business in the State of Texas (hereinafter called the Surety), as Surety, are held and firmly bound unto the CITY OF COPPELL. TEXAS (hereinafter called the Obligee) in the sum of --Fourteen Thousand. Six Hundred Seventy Two and ~8/100-~ollars for the pa~ent of which sum well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, formally by these presents. Sealed with our seals and dated this 18th day of October , 19 91. ~{EREAS, the said Principal has heretofore entered into a contract with Grand Homes, Inc. , dated May 8. 199% , for Paving Improvements to serve Villages of ¢opp~ll, ~ha~e and, ' NOW, THEREFORE, the condition of this obligation is such that if said Principal shall faithfully carry out and perform the said guarantee, and shall, or due notice, repair and make good at its own expense any defects which are the result of faulty worku~anship and materials in said contract which may develop during the period of one ¢1) year, or shall pay over, make good and rei~%burse to the said Obligee all loss and damage which said Obligee may sustain by reason of failure or default of said Principal to do so, then this obligation shall be null and void; otherwise shall remain in full force and effect. L. H. LACY COMPANY Principal FIREMEN'S INSURANCE COMPANY OF NEWARK, Surety NEW JERSEY By: Rosemary Weaver, Attorney --