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Prestwick-CS011213December 13, 2001 FILE David Carlton Dowdey, Anderson & Associates 5225 Village Creek Drive, Suite 200 Plano, Texas 75093 RE: Prestwick Final Acceptance Dear Mr. Carlton: A final inspection of paving and utilities for the referenced project has been confirmed 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. Sincerely,~ ~ Larry Davis Construction Inspector Ken Griffin, Director of Engineering & Public Works Rhonda Brothers, Engineering Secretary Glenn Hollowell, Asst. Director of Public Works Greg Jones, Chief Building Official Travis Cramp, Fire Marshal Bob Delsanter, BAV Development PARKWAY ~ P.O.BOX 478 llr COPPIrLL TX 75019 ~r TEL 972/462 0022 lit FAX 972/304 3673 Fidelity and Deposit Company of Maryland Home Office: P.O. Box 1227, Baltimore, MD 21203-1227 Colonial American Casualty and Surety Company Bond No: MNT8591587 Maintenance Bond KNOW ALL MEN BY THESE PRESENTS, that we Gilco contractin0, Inc. hcreinaQer called Principal, as Principal, and Colonial American Casualty & Surety Company a corporation of the State of Maryland, Baltimore, Maryland, hereinafter called Surety, as Surety, arc held and firmly bound unto City of Coppell, lexas hereinal~er called Obligce in the sum of Forty-Three Thousand, Eight Hundred Ninety-One & 23/100 ........... DOLLARS, lawful money of the United States of America, to be paid to the said Obligee, or its succe~sum or assigns, to the payment of which sum well and a'uly to be made, we do bind ourselves, our heim, executors, adminis~ators, successors and assigns, jointly and severally, firmly by these presents. SIGNED, sealed and dated this day of WHEREAS, the Principal entered into a contIact with BAV Development for Prestwick Pavinq May 25, 2001 and, WHEREAS, the Obligee requires that these presents be executed on or before the final completion and acceptance of said contract and WHEREAS, said contract was completed and accepted on the. day of NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall remedy, without cost to the Obligee, any defects which may develop during a period of two (2) years from the date of completion and acceptajl)ce of the work performed under the contxact, caused by defective or inferior thenl~his~l~g~tion shall be void:/~ise it shall be and remain in full force mad effect. - ., i/, x._,,--r- . FY AND DEPOSIT COMPANY OF MARYLAND ~ Tamara E. Murray ~,~ornny-~_n-Fact CON80OIOZZ0601c Power of Attorney FIDELITY AND DEPOSIT COMPANY OF MARYLAND COLONIAL AMERICAN CASUALTY AND SURETY COMPANY HOME OFFICES: P.O. BOX 1227, BALTIMORE, MD 21203-1227 Know ALL MEN BY THESE PRESENTS: That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, and the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY, corporations of the State of Ma~,land, by W. B. WALBRECHER. Vice-Presidem, and T. E, SMITH, Assistant Secreta~, in pursuance of authority granted by Article VI. Section 2, of the By-Laws of said Companies, which are set forth on the reverse side hereof and are hereby certified to be in full force and effect on the date hereof, does hereby nominate, constitute and appoint Charles D. Sweeney, Bobby E. Mayo, Tamara E. Murray and Kyle W. Sweeney, all of Forth Worth, Texas, EACH its true and lawful agent and Artomey-in-Fact. to make, execute, seal and deliver, for, and on its behalf as surety, and as its act and deed: any and all bonds and undertakings EXCEPT bonds on behalf of Independent Executors, Community Survivors and Commumit~ shall be as binding upon said Companies, as fully and amply, to all intents and elected officers of the respective Companies at their offices in Baltimore of Charles D. Sweeney, etal, dated July 24. 1997. The said Assistant Secretary does hereby certify that the extract set 1 By-Laws of said Companies, and is now in force. IN WITNESS WHEREOF, FIDELITY AND DEPOSIT COMPANY OF February, A.D. 1998. executed and acknowledged by the regularly revokes that issued on behalf a tree copy of Article VI, Section 2, of the respective ames and affixed the Corporate Seals of the said SURETY COMPANY, this Ilth day of ATTEST: FIDELITY ANI Smith W. R Walbrecher Vice-President COMPANY I~ B. Walbrecher Vice-President ~J 7~ E. Smith State of Maryland }ss: County of Baltimore On this I lth day of Febraary, A.D. 1998, before the subscriber, a Notary Public of the State of Maryland, duly commissioned and qualified, came W. B. WALBRECHER, Vice-President and T. E. SMITH, Assistant Secretary of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND and the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY. to me personally known to be the individuals and officers described in and who executed the preceding instrument, and they each acknowledged the execution of the same, and being by me duly sworn, severally and each for himself deposeth and saith, that they are the said officers of the Companies aforesaid, and that the seals affixed to the preceding instrument are the Corporate Seals of said Companies. and that the said Corporate Seals and their signatures as such officers were duly affixed and subscribed to the said instrument by the authority and direction of the said Corporations. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal the day and year first above written. O Carol,~ F~F // Notary Public My'Comn~sion Expires: August 1, 2000 CERTIFICATE 1, the undersigned. Assistant SecretalDt of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND and the COLONIAL AMERiCAN CASUALTY AND SURETY COMPANY, do hereby certify that the original Power of Attorney of which thc foregoing is a full, true and correct copy, is in full force and effect on the dat~ of this certificate; and 1 do further certi~ that the Vice-President who executed thc said Power of Attorney was one of the additional Vice-Presidents specially authorized by the Board of Directors to appoint any Attorney-in-Fact as provided in Article VI, Section 2. of the respective By-Laws of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND and the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY. This Power of Attorney and Certificate may be signed by facsimile under and by authority of the following resolution of the Board of Directors of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and held on thc 10th day of May, 1990 and of the Board of Directors of the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY at a meeting duly called and held on the 5th day of May, 1994. RESOLVED: "That the facsimile or mechanically reproduced seal of the company and facsimile or mechanically reproduced signature of any Vice-President, Secretary, or Assistant Secretary oftbe Company, whether made heretofore or herea~er, wherever appearing upon a certified copy of any power of attorney issued by the Company, shall be valid and binding upon the Company with the same force and effect es though manually affixed." IN TESTIMONY WHEREOF, 1 have hereunto subscribed my name and affixed the corporate seals of the said Companies, this day of dssistant Secretary LI42g-16g-2682 EARNING YOUR TRUST UNITED STATES FIRE INSURANCE COMPANY MAINTENANCEBOND Bond Number: 6102297531 KNOW ALL MEN BY THESE PRESENTS, that we H & W Utility Contractors as Principal, (the "Principal") and UNITED STATES FIRE INSURANCE COMPANY, a company duly organized under the laws of the State of New York, as Surety, (the "Surety") are held and firmly bound unto City of CoppelI, P.O. Box 478, Coppell, Texas 75019-0478 as Obligee (the "Obligee"), in the penal sum of Sixty Five Thousand Six Hundred Thirty Five and 90/100 Dollars ($65,635.90), for the payment of which sum well and truly to be made, the Principal and the Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has entered into a contract (the "Contract") with B.A.V. Development Ltd., I for Utility Work for Prestwick MacArthur ~ Deforest, CoppelL Texas which contract is by reference made a part hereof and which among other things calls for certain public improvements which inure to the benefit of the Obligee. NOW, THEREFORE, the condition of this obligation is such that if the Principal shall remedy without cost to the Obligee any defect which may develop during a period of two years from the date of completion and acceptance of the work performed under the Contract provided such defects are caused by defective or inferior materials and workmanship, then this obligation shall be null and void; otherwise it shall be and remain in full force and effect. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT, that any claims must be writing to UNITED STATES FIRE INSURANCE COMPANY to the attention of Crum & Company, Claim Department, 305 Madison Avenue, Morristown, NJ 07960. ~.-" DATED th~s' l 9th day of November, 2001. ~':, ~.:. "'"- H & W Utility Contractors % '" ............. ~"~at) Principal "%.,%. LA~' " Michael S. Haynes, President~ Witness/Attest: UNITED STATES FIRE INSURANCE COMPANY By: Cherylq~. Br~aski, Attorney-in-Fact POWER OF ATTORNEY UNITED STATES FIRE INSURANCE COMPANY PRINCIPAL OFFICE, NEW YORK, N.Y. 153061 KNOW ALL MEN BY THESE PRESENTS: That the UNITED STATES FIRE INSURANCE COMPANY a Corporation duly organized and existing under the laws of the State of New York, and having its administrative offices in the Township of Morris, New Jersey, has made, constituted and appointed, and does by these presents make, constitute and appoint Curtis B. Roberts, Cheryl A. Brodaski, Cheryl C. Freshour, and Morris G. Culberson, of Dallas, Texas, each its tree and lawful Agent(s) and Attomey(s)-in-Fact, with full power and authority hereby conferred in its name, place and stead, to execute, seal, acknowledge and deliver: Any and all bonds and undertakings ............................................ and to bind the Corporation thereby as fully and to the same extent as if such bonds had been duly executed and acknowledged by the regularly elected officers of the Corporation at its offices in Moms Township, New Jersey, in their own proper persons. This Power of Attorney limits the act of those named therein to the bonds and undertakings specifically named therein, and they have no authority to bind the Company except in the manner and to the extent therein stated. This Power of Attorney revokes all previous powers issued in behalf of the attomey(s)-in-fact named above. 1N WITNESS WHEREOF the United States Fire Insurance Company has caused these presents to be signed and attested by its appropriate officers and its corporate seal hereunto affixed this 24th day of A~ril, 2001. ~lN STATE OF NEW JERSEY) Attest: Assistant Secretary Herbert H. Linder COUNTY OF MORRIS ) SS.: UNITED STATES FIRE INSURANCE COMPANY Vice President Craig M. Golden On this 24t._~h day of April, 2001, before the subscriber, a duly qualified Notary Public of the State of New Jersey, came the above-mentioned Vice President and Assistant Secretary of United States Fire Insurance Company, to me personally known to be the officers described in, and who executed the preceding instrument, and they acknowledged the execution of the same, and being by me duly sworn, deposed and said, that they are the officers of said Company aforesaid, and that the seal affixed to the preceding instrument is the Corporate Seal of said Company, and the said Corporate Seal and their signatures as officers were duly affixed and subscribed to the said instrument by the authority and direction of the said Company. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my seal at the Township of Morris, the day and year first above written. (Signed) (Seal) Notary Public Catherine A Notar~ Public et'New My Commission Expires July This Power of Attorney is granted pursuant to Article IV of the By-Laws of the UNITED STATES FIRE INSURANCE COMPANY as now in full fome and effect. ARTICLE IV Execution of Instruments. "The Chairman of the Board, Vice-Chairman of the Board, President, or any Vice-President, in conjunction with the Secretary, or any Secretary, if more than one shall be appointed by the Board, or an Assistant Secretary, shall have power on behalf of the Corporation: (a) to execute, affix the corporate seal manually or by facsimile to, acknowledge, verify and deliver any contracts, obligations, instruments and documents whatsoever in connection with its business including, without limiting the foregoing, any bonds, guarantees, undertakings, recognizances, powers of attorney or revocations of any powers of attorney, stipulations, policies of insurance, deeds, leases, mortgages, releases, satisfactions and agency agreements; (b) to appoint, in writing, one or more persons for any or all of the purposes mentioned in the preceding paragraph (a), including affixing the seal of the Corporation." This Power of Attorney is signed and sealed under and by the authority of Article III, Section 9 of the By-Laws of the UNITED STATES FIRE INSURANCE COMPANY as now in full force and effect. ARTICLE nI Section 9 Facsimile Signatures. "The signature of any officer authorized by the Corporation to sign any bonds, guarantees, undertakings, recognizances, stipulations, powers of attorney or revocations of any powers of attorney and policies of insurance issued by the Corporation may be printed facsimile, lithographed, or otherwise produced... The Corporation may continue to use for the purposes herein stated the facsimile signature of any person or persons who shall have been such officer or officers of the Corporation, notwithstanding the fact that he may have ceased to be such at the time when such instruments shall be issued." CERTIFICATE State of New Jersey County of Morris I, the undersigned, Assistant Secretary of UNITED STATES FIRE INSURANCE COMPANY, DO HEREBY CERTIFY that the foregoing POWER OF ATTORNEY remains in full force and effect and has not been revoked and furthermore that the above quoted abstracts of Article IV and Article III, Section 9 of the By-Laws of the Corporation are now in full fome and effect. In Testimony Whereof, I have hereunto subscribed my name and affixed the corporate seal of the said Company, this 19r_hday of blovember ~ 2001. Assistant Secretary Herbert H. Linder