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ST8601-CS 880823The City With A Beautiful Future August 23, 1988 Mr. Bobby Harrell Terra Co. 5944 Luther Ln. Suite 502 Dallas, Texas 75225 P.O. Box 478 Coppell, Texas 75019 214 - 462 - 0022 RE: MacArthur Blvd. Final Acceptance Dear Mr. Harrell: A final inspection was conducted on August 18, 1988 for the above referenced project by representatives of the City of Coppell. All items to the project are in compliance with the standards set forth by the City of Coppell subdivision requirer~nts and are found to be acceptable. As-built drawings and one-year maintenance bonds have been received from both parties with a maturity date of August 18, 1989. Sincerely, '~eve~ M. Morton~-- Chief of Land Development SMM/bb cc: Alan Ratliff Dorothy Ti~mons Russell Doyle Steve Goram Nathan D. Maier Jensen Construction Co. APAC-TexaS, Inc. FIDELITY AND GUARANTY I NCE UNDERWRITERS, (A Stock Company) MAINTENANCE BOND BOND NUMBER ~.07..0.1.2..5.T.[.0,.5.§.7-85~ KNOW ALL MEN BY THESE PRESENTS, That we ....... .J.~..N.S..[.N...C..O.N..S?..~.U..C~.O..~...C.O..~ .A.N..¥ ....... OF TEXAS (hereinafter called the Principal), and the other undersigned an Ohio corporation (hereinafter called the Surety), are held and firmly bound unto ...... C..[~.~...07...C..O~.~.[..~...%[..~...S .............................................. (hereinafter called the Obligee), in the full and just sum of ..... ?..[~7%. ~.g.O. ,~.S..A.N.p...A.~.p...N.O.~/.! .0.0' ........... ............................................................................................................... Dollars, lawful money of the United States, for the payment of which, well and truly to be made, we bind ourselves, our heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, said Principal has entered into a certain contract with the Obligee dated .................. ...... A..qg.qs. ~, .!9. :., ,!9..8.~., .~. p.~., .qp.x..S.T. ,~.C~.!O..~., ?., ~..~..~!, ~., ~., S~O~ SEW~ ...... .I..M~. gQ.V.E..M.E. R% .S.. %0....MA..C..A.g%a..UB..g. 9.O..L.E.y.A.g.~...I.R . RI. y.E. RC...tJB..S.E.. A.N.D...g..E.L.%J~. !.N..E...I.N..T.¢. B.S. ?:.C.T.I. 9~.,. ...... .c.o?. ! .~h~.,.. ?..? .x.A..s. ............................................................................................. which contract has been or is about to be completed and accepted. AND WHEREAS, specifications and contract provided that .... ~.g?..S.~..N...C.o.~.S. 7?.?~ .1'.! .O.N..' ~(.)~!'.A..N.Y... OF should guarantee the project free from defects caused by faulty workmanship and materials for a period of years, general wear and tear excepted. NOW, THEREFORE, if the said project shall be free from defects of workmanship and materials, general wear and tear excepted, for a period of O~g year~ then this obligation shall be null and void; otherwise to remain in full force and effect. Signed, sealed and delivered . .7.-:.1.??..8. Witness as to .~.~.s..~..c. 9~.s~.~.c~.!o.~...c.o.~.~H¥..9X ...... (Seal) TEXAS Principal / .................................................... (Seal) . .~...~... ~. ................................................... (Seal) ..... FIDELITY AND ~G/UARANTY INSURANCE UNDERWRITERS, ~NC. ~./~/ (ap Ohio corporation) ............ ~'~ ~'{~' 't;. i' '~'f L'~k'~ ............... Co~lract 510 (9-84) CERTIFIED COPY GENERAL POWER OF ATI~ORNEY NO. FO 61, KNOW ALL MEN BY THESE PRESENTS: That FIDELITY AND GUARANTY INSURANCE UNDERWRITERS, INC., a corporation organized and existing under the laws of the State of Ohio, and having its principal office at 100 Light Street, Baltimore, Maryland 2t203, docs hereby constitute and appoint Stephen K, Miller of the City of Dallas , State of Texas its true and lawful ARomey-in-Fact, with power and authority to sign its name as surety to, and to execute, seal, acknowledge and deliver any and all bonds, undertakings, recognizances or other written obligations in the nature thereof; and thc said FIDELITY AND GUARANTY INSURANCE UNDERWRITERS, INC. hereby ratifies and confirms all of thc acts of said Attorney-in-fact, pursuant to these premises. This appointment is made under and by authority of a by-law of the said FIDELITY AND GUARANTY INSURANCE UNDERWRITERS, INC., a certified copy of which is hereto annexed and made a part of this Power of Attorney. IN WITNESS WHEREOF, the said FIDELITY AND GUARANTY INSURANCE UNDERWRITERS, INC. has caused this instxument to tm sealed with its corporate seal, duly attested by the signatures of its Vice-President and Assistant Secretary, this 25th . day of April , 19 86 . FIDELITY AND GUARANTY INSURANCE UNDERWRITERS, INC. (Signed) J. M. Raley, Jr. Vice-President. (SEAL) (Signed) STATE OF MARYLAND BALTIMORE CITY SS; J. J. Casserly On this 25th day of April , 1986 , before me personally came J. bi. Ra2.e¥, Jr. , Vice President of FIDELITY AND GUARANTY INSURANCE UNDERWRITERS, INC. and J.J. Casserly , Assistant Secretary of said Co_r~tion, with both of whom I am personally acquainted, who being by me severally sworn, said that tbey, thcsaid J.' bi. ltaley, Jr. ,and J. J. Casnerly were respectively thc Vice President and Assistant Secretary of the said FIDELITY AND GUARANTY INSURANCE UNDERWRITERS, INC. ,the corporation described in and which executed thc foregoing Power of Attorney; that they each knew the seal of said corporation; that the seal affixed to said Power of Attorney was such corporate seal; that it was so affixed by authority of the by-laws of said corporation; and that they signed their names hereto by like authority as Vice President and Assistant Secretary, respectively, of the Corporation. My Commission expires the first day of July, 19 86. (SEAL) (Signed) Margaret M. Hurst NOTARY PUBLIC