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Round Oak-CS 940623 American insuran e Company British , ' MAINTENANCE BOND Know All Men By These Presents: That we, Austin Bridge & Road. Inc. as Principal, (hereinafter called the Principal) and the BRITISH AMERICAN INSURANCE COMPANY, Dallas, Texas, as Surety, (hereinafter called Surety) are held and firmly bound unto CRv of Cooo'~ll. Taxes (hercinaRer called the Obligee) in the penai sum of Eight Tboos~*nd. Four Hundred Forty-Seven ~ Dollars ($__~.,_4~J_~) for thc payment of which, well and truly m be made, wc bind ourselves, our heirs, ;dminis~ramrs, executors, snccessors, and assigns, joindy and severally, firmly by these presents: THE CONDITION OF THIS OBLIGATION is such that whereas the Principal entered into a certain Contract with __ Murchison Properties. Inc. dat=d the 23th day of ~lune 19 94 . for Paving improvements to serve~R~und Oa.k Estates, in the City of Coppell, Texas WHEREAS, under the terms of the specifications of said work the said Principal is required m give a bond in the amount of Eia_ht Tho-Q~nd. Four Hundred Forint-Seven and 151100 DOLLARS ($~), to gnaramee the replacement and repair of defective me.rials or faulty workmanship furnished or installed by thc said Principal for a period of One (1 } years from and after the date of completion and acceptance of same. NOW, THEREFORE, if the said Principai shall for aperindof One (1! years from and after the dau~ of completion and acceptance of said work by the said Obligee replace and repair any and all defective or faulty worlunanship in said work, then the above obligation shall be void; otherwise to remain in full force and effect. Signed and sealed Auaust 29. 1994 ,~USTIN BRIDGE & ROAD. INC. BRITISH A1M~RICAN INSURANCE COMPANY By: _ ~orge ~ Bond #o. B~-~962 MS..179(Rev. 9-90) POWER OF ATTORNEY BRITISH A_MF. RICAN INSURANCE COMPANY Corporate Headquarters, 3535 Travis, Suit~ 300, Dallas, Texas 75204 KNOW ALL MEN BY THESE PRESENTS: That BRITISH AM~.ICAN INSURANCE COMPANY, a Texas coq~oration, does hereby appoint: - - - George Hulsey, Tony L Jackson, Dawn Knight, John P. Olsson: of Dallas, Texas - - - its true and law'mi Attomey(s)-in-Fact, with ~ll .authority ~ exe?.t9 on,i.t9 ..b~half bonds,...und, e .rt~gs, .p~..g~an~... and other contracts of indemnity and writings obligatory m the natur~ ttm'eor, tssueo m tn~ course ot tis 0usmess, ann to oma me company there, by. IN WITNESS WI-~REOF, British Ame~can Insurance Company has executed these presents John ?. Olsson, P~ident STATE OF TEXA~ § COUNTY OF DALLAS § ~hereM by amhm~ty of bls off~e. CERTIFICATE Tho alq~ntment is mado under the authodt,/of ~le followinf t~:4utloa, Mol~d by tho Execu6vo Commlt~ of Ibe Board of I~o~ of Ba~bh ~ Iflmmn~o Company at a nJt~ hebi o~ lbe 25th of March, 1980. 'P.~:.~OLVED, that the President shah b~ and is hereby ws~d ~ full powe~ and authority to appoint any one o~ more suilablo ~ u Attomey(s)-in-Fa~t to reptuent and act for' and aa behalf of tIM Company mbjeet to the following provisiom: 1. Atlomay-ln-Fact may be ~iven full power and au~ofit,/H ~..tl;~.~t in tim Power of Attorney fo~ and in the namo of and on bdmlf of the Company to ~x~cum, acknowledgo and d~llver fideliv/and surer/bonds and olher bonds, coemnts of mreo/, comenu m ~b of m~ ~ u mY b ~ h dto o~din~/coume of Imainess, all no6ces and documents can~4Jnf o~ teflnlnafi~ tho Company's llabillty thormmde~, asd any tach inmmmants m o~ bY any tach At~xney~-Fact shaft be bindin~ ulmn Ihe Company as if si~nM by ~he Pmaldent and sealed ~ a~ bY b C~ ~. 2. Tho facsimile si~qlu~ea of the offices and the f~l of c~ Comeany diall be valid ami bindlnf upon the Company in d~ ox~cution, ata~ation and sealin~ of any instrument appoin~f an Attorney-in-Fact.' I, l~wn ~n;gh~, Assis~ut S~crenat7 of B6tidl American InmFan~,e Company, do hereby cefllfy that ~bo above t~d forefolof is · tmo and cra-Feet copy of a PM/or of Attorney ~xecuted by said Comjmny, which is t6fl in force and effcct~ and, fuflhermo~, th~ mso~utlon of the Executive Committne of th~ Board of H set fm~h in the Power of Auto,y, is now in f~a. IN %~'rNE.qS WHEI~.ROF, I have hereunto se.t my hand and affixal b seal of the e-o~ ~ day of ,19 29th August 94