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Cambridge Phase 2-CS 970626The City With A Beautiful Future P.O. Box 478 Coppell, Texas 75019 214-462-0022 June 26, 1997 Mr. Jack Bommarito P.O. Box 2312 Coppell, TX 75019 RE: Cambridge Manor Estates Phase II Final Acceptance Dear Mr. Bommarito: 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. CC: Ken Griffin, P.E.,Dir. of Engineering & Public Works Matt Cast, Supt. of Public Services Greg Jones, Chief Building Official Travis Crump, Acting Fire Marshal Dowdey Anderson Doug Stevens, Engineering Technician Rodman Excavation file/Idavis/cambdgii, fin CHUBB CHUBB GROUP OF INSURANCE COMPANIES FEDERAL INSURANCE COMPANY MAINTENANCE BOND Bond No. 8150-55-20 AmountS 86,711.38 Know All Men By These Presents, That we Rodman Excavation, Inc. 6831 Ash Street Frisco, Texas 76034 (hereinafter called the Principal), as Principal, and the FEDERAL INSURANCE COMPANY, Warren, New Jersey, a corporation duly organized under the laws of the State of Indiana, (hereinafter called the Surety), as Surety, are held and firmly bound unto City of Coppell, Texas (hereinafter called the Obligee), in thesum of Eighty Six Thousand, Seven Hundred Eleven and 38/100 .............. Dollars ($ 86,711.38** ), for the payment of which we, the said Principal and the said Surety, bind ourselves, our heirs, exectors, administrators, successors and assigns, jointly and severally, firmly by these presents. Sealed with our seals and dated this A.D. nineteen hundred and day of WHEREAS, the said Principalhasheretofore enteredinto a contractwithsaid Obligee dated 19 ,for 608100-Est. of Cambridge Manor, Phase II ; and WHEREAS. the said Principal is required to guarantee the Two (2) Years installed under said contract, against defects in materials or workmanship, which may develop during the pedod FOra1 15-02q3075 (Rev+ 4-90) (over) POWER OF ATrORNEY FEDERAL INSURANCE COMPANY ATTN: SURETY DEPARTMENT 15 Mountain View Road, Warren, NJ 07059 Telephone: (908) 903-2000 Fax No.: (908) 903-3656 Know all Man by these Present~, That FEDERAL INSURANCE COMPANY, an Indiana Corporation, has constituted and appointed, and does hereby constitute and appoint Jerry P. Rose, Tomi J. Braun, Don E. Cornell and L. Ray Pitts, Jr. of Dallas, Texas .................................................. each its true and lawfulAttomey-in-Fact to execute under such designation in its name and to affix its corporate seal to and deliver for and on its behalf as surety thereon or otherwise, bonds of any of the following classes, to-wit: 1. Bonds and Undertakings (other than Bail Bonds) filed in any suit, matter or proceeding in any Court, or filed wffh any Sheriff or Magistrate, for the doing or not doing of anything specified in such Bond or Undertaking. 2. Surety bonds to the United States of America or any agency thereof, including those required or permitted under the laws or regulations relating to Customs or Internal Revenue; License and Permit Bonds or other indemnity bends under the laws, ordinances or regulations of any State, City, Town, Village, Board or other body or organization, public or private; bonds to Transportation Companies, Lost Instrument Bonds; Lease Bonds, Workers' Compensation Bonds, Miscellaneous Surety Bonds and bonds on behalf of Notadas Public, Sheriffs, Deputy Sheriffs and similar public officials. 3.Bonds on behalf of contractors in connection with bids, proposals or contracts. In Witness Whereof, the said FEDERAL INSURANCE COMPANY has, pursuant to its By-Laws, caused these presents to be signed by its Vice President and Assistant Secretary and its corporate seal to be hereto affixed this 27 th 19 96 FEDERAL INSURANCE COMPANY BY Fr~k Rober~son · Vice President STATE OF NEW JERSEY '~, ss. County of Somerset J On this 27th day of August 19 96 , before me personally came Kenneth C. Wendel to me known and by me known to beAssistant Secretary of FEDERAL INSURANCE COMPANY, the corporation described in and which executed the foregoing Power of Attomey, and the said Kenneth C. Wendsl being by me duly sworn, did depose and say that he is Assistant Secretary of FEDERAL INSURANCE COMPANY and knows the corporate seal thereof; that the seal affixed to the foregoing Power of Attorney is such corporate seal and was thereto affixed by authority of the By-Laws of said Company, and that he signed said Power of Attomey as Assistant Secretary of said Company by like authority; and that he is acquainted with Frank Robertson and knows him to be the Vice President of said Company, and that the signature of said Frank Robertson subscribed to said Power of Attorney is in the genuine handwriting of said Frank Robertson and was thereto subscribed by authority of said By-Laws and in deponent's presence. Acknowledged and Swom to before me on the date above written. Notary Public IN THE EVENT YOU WISH TO NOTIFY US OF A CLAIM, VERIFY THE AUTHENTICITY OF THIS BOND OR NOTIFY US OF ANY OTHER MAI'rER, PLEASE WRITE TO US AT THE ADDRESS LISTED ABOVE. IMPORTANT NOTICE TO OBTAIN INFORMATION OR MAKE A COMPLAINT: YOU MAY CONTACT THE TEXAS DEPARTMENT OF INSURANCE TO OBTAIN INFORMATION ON COMPANIES, COVERAGES, RIGHTS OR COMPLAINTS AT: 1-800-252-3439 YOU MAY WRITE THE TEXAS DEPARTMENT OF INSURANCE: P. O. BOX 149104 AUSTIN, TEXAS 78714-9104 FAX # (512) 475-1771 PREMIUM OR CLAIM DISPUTES: SHOULD YOU HAVE A DISPUTE CONCERNING YOUR PREMIUM OR ABOUT A CLAIM YOU SHOULD CONTACT THE AGENT OR COMPANY FIRST. IF THE DISPUTE IS NOT RESOLVED, YOU MAY CONTACT THE TEXAS DEPARTMENT OF INSURANCE ATTACH THIS NOTICE TO YOUR POLICY: THIS NOTICE IS FOR INFORMATION ONLY AND DOES NOT BECOME A PART OR CONDITION OF THE ATTACHED DOCUMENT. THE ESTATES OF CAMBRIDGE MANOR LTD 6355 GENERAL ACCOUNT /~a ~. ~ COPPEP~-O~L"I~xOX?~'0000 /~ ///{ (:::) / 19 ~'''~ 32'61/1110 Received From Date~'~as~-,-~L~ 034024 Dollars O,(3