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Gateway BP (1.1)-CS 910128CITY OF COPPELL 002 I ~1~ '-' '::~! '~ ':~ · ,, ,lAN 3 I 1991 Bona NO. BN~13~ ,,6Y 63 i~mount :. $98,950. ].6 KI~OW ALL MEN BE TH~.S~. PRES~-NTS, That We, L. 11. LACY COMPANY , as Principal, and THE P'~DEb!TY AND CASUALTY 'COMPANY OF NEW YO~K , a ~orporation duly organi~ed un4er the laws of the State of New Hampshire and duly licensed to ~ransa~t business in the Stat~ of Texas (her~i~mfter called the sBrety), a~ surety, are h~ld and firmly bound unto th~ CITY OF COPFELL~ TEXAS (hereinafter called the Obligeo) '~ the sum of N.it~pty Eight Th0usand~ N1De HuDdrsd Fif%~ and :~6/].00 Dollars for the paten% of whioh sum well and truly to be made, we, th~ maid Principal and the said Sure~y, bind ourselves, our heirs, ~ecuto~s, adminis~ra~ors, suooessors and a~igns, Jointly and severally, formally b~ these present~. Sealed with our seals and dated this 28bh day of Januar2 ., 19 91. WHE~AS, the said Principal has heretofore entered into a contrao~ with Catullus Dev~lopmen~ C?~p.oratio~ da%ed J'u].~ 11, 3990 , for Grading. paving, Drainage. Wate~ and Sanitar~ Sewer Improvements ~0 serve G~wa~ BuSi~pss Park - Phase I i~1 the City of C0ppe~l. T~xas , NOW, THEREFORE~ ~e condition of this obligation is such %hat if said Principal shall faithfully carry out an4 perfo~ the sal~ guarantee, and shall, or ~ue notice, repair and mak~ good at itu own expense any defects which are the result of faulty wor~anship and mmterials in said oontract which may develop 4urlng th~ period of ~, or shall pay over, makm good and reimburse to the ~aid oblige~ all lqs~ an~ damage ~hich said obligee may sustain by reason obligation shall be 'null an~ void; otherwi~ shall remain in full foroe and effect. brand fax trsns, mittat memo 767t[# From l,, ]'1, I,,ACY .COMPANY Pr'~ncipa/ By: ~ TItE !IDLL~[IY AND CASUALTY COMPANY OF NEW YO} Surety By: Rosemary Weaver[ Attorney The Fidelity and Casualty Company of New York 180 Maiden Lane, New York, New York 10038 GENERAL POWER OF ATTORNEY ~'L~ ~, Know all men by the~e Presents, That TIlE FIDLLITY AND CASUALTY COMPANY OF NEW YOrK has ma~e, constituted and appointed, and by these presents doe~ make, ¢onatit ute and appoint its true and lawful attorney for it and in its name, place, and stead to execute on behall' of the said Company as surety, bonds, undertakings and c. onlracts of suretysh p to be given to All Obligees p~vid~lh~no ~nd~rund~a~ng~r~n~rac~fsum~yshI~ex~u~edunderthi$auth~tY$ha~exceedinamountthesum~f TWO M~llon r~ve Hun0re0 Thousa~0 ($2,500,000.) Dol].er~. 1'his Power of Attorney tSl~'anted and is signed and sealed by facsimile under and by Ihe a[~lhority o~'t he following ResoJulion aclupted by the Board u{ Okec'tur~ of Iht Company o11 the 1si day of Nuvembee, 1977. in Witness Whereo~ THE FIDELII'Y AND CASUALTY COMPANY OF NEW YORK has caused Its official seal lo be hereu mo affixed, and the~e presents to be signed by one of II~s Vice Presidents and attested by one of its Assls~an! Vice Presidents this 1st day of May, 1905. THE FIDL:LI'rY AND CASUALTY COMPANY OF NI~W YORK Attest; By STATE OF NL'W YORK COUNTY OF NEW YORK On thi~ 1~1 da)' of May,,1985, bel'ore me personally.came Michael J. ~eernaert to me kr~own, who be ~ by me duly sw()m d and say thai he ~ a.V ~ P~osiden of TH E FIDELITY AND'c~UALTY COMPANY OF NEW YOEK, the corporation described in and which executed the a~ Instrument; that he knu~s the seal of the ~id ct)rporatiol~; thai Ihe stoa a~( xc~J th~ ~aid instrumm~t b sudl c()rporate seal; that il was ~ affix~ by ~der of the B~rd o( Directors of said c~rpurafion and that he sisned hi~ name thereto by like ur(Jer. CERTIFICATE I, the undersi&ned, an Assistant Vice President o1' TI'IE FIDELITY AND CASUALTY COMPANY OF NEW YORK, a New Hampshire corporation, DO HEREBY CERTIFY Ihat the foregoing and allached Power uf Atloi'ney remains in full force and has not been revoked; a~d furlhermore that ihe Resolution of the Board o¢ Dlrectors~ set I'onh tn the said Power o(Attorney, is now in (ol'ce. Signed alld ~ealed al Ihe Ctly of New York, in the 5tale ul' New Yurk. Dated tile--(~['~ dayo, %~/'~..~ ,19--~ J. 15 IIC)ND 431Ji~ t eri~$1cd in U,S.A,