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Riverchase (2)-CS 881020 ,,-' _ // /F ._.~ "~ The City With A Beautiful Future !:'../ If ,; :7 October 20, 1988 Ken James American Golf Corp. 1633 26th Street Santa Monica, California 90404-4024 P.O. Box 478 Coppell, Texas 75019 214 - 462 - 0022 RE: Riverchase Golf Club Dear Mr. James: A final inspection of the above referenced project has been confirmed by representatives of the City of Coppell. Paving and utilities have been verified and are in compliance with the City of Coppell standard requirements. Commitments to the streetscape/landscape plan should be completed by 11/21/88. The one-year maintenance bonds r(~ceived from both contractors. year from the date of this letter and as-built Maturity on (10/20/89). drawings have been the bonds will be one / ,, / /' St~.ven M. Morton.---'* Chief Deve~lopmental Inspector SMM/bb cc: Alan Ratliff, City Manage~ Dorothy Timmons, City Secretary Steve Goram, Director of Public Works City Engineer Dale Jackson, Building Official Per Birdsall, Street Foreman lloward Pafford, Water Utilities Foreman Richard Terry, Interim Fire Chief AMERICAN GOLF CORPORATION City of Coppell P.O. Box 478 Coppell, Texas 75019 Attn: Steve Morton Chief of Development Oct. 20, 1988 Dear Sir: Please consider this letter of intent to complete the required sidewalk construction along Riverchase Drive at Riverchase Golf Club by November 15, 1988 or at such time as the screening wall is complete as a condition of issueance of a final certificate of occupancy. Vice Presi~/ent of Operations : '~:.~ 2Gib !;:~ut, S:im~, Monica, Californi;~ 90404-4024, Telephone (213) 315-4200 SAFECO INSURANCE COMPANIES SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA MAINTENANCE BOND KNOW ALL MEN BY THESE PRESENTS, That we, Bond No. 5499135 COt~5'z'.~,s.:l'.L(]q CCI~)A.W/, Eta:2 as Principal, and SAFECO INSURANCE COMPANY OF AMERICA, a corporation organized under the laws of the State of Washington and duly authorized to do business in the State of ~ . , as Surety, are held and firmly bound unto C]~' C~ COPF.:i.T,, ~ as Obligee, in the penal sum of. Tlal3 'IIK:IU~ ~ ~R/e~ EI(~I'Y "- ($. 2, 782.00 .), to which payment well and truly to be made we do hind ourselves, our and each of our heirs, executors, administrators, successurs and assigus jointly and severally, firmly by these presents. IVHEREAS, the said Principal entered into a Contract with the for P,_3VE~ CH/kBE CLUB HOUSE dated 5-25-88 WHEREAS, said Contract provides that the Principal will furnish a bond conditioned to guarantee for the period of year(s) after approval of tl~e final estimate on said job, by the owner, against all defects in workmanship and maierials which may become apparent during said period, and WttEREAS said Contract has been completed, and was approved on ~ day of ~)~'r'~AR 19 88 NOW, THEREFOREt THE CONDITION OF THIS OBLIGATION IS SUCH, That, if the Principal shall indemnify the Obligee for all loss that the Obligee may sustain by reason of any defective materials or workmanship which become apparent during the period of 1 years) from and after OL~X'~R 2(}t~-I , 1988 then this obligation shall be void, otherwise to remain in full force and effect. Signed, sealed and dated this 20r[t'I day of OC'lk"IRRR '~'~'e.~d- ~q~~gl ' -- · ]9 88 .. ~ OON~z~.x~.'x'xO~ OOI~ANY, :~1) (Seal) SAFECO~S~*,NCE COM~ERICA ~e'.~. ~ Attorney.in. Fact POWER OF ATFORNEY SAFECO SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLAZA SEATTLE, WASHINGTON 98185 No. 33]*8 KNOW ALL BY THESE PRESENTS: That SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA,each a Washington corporation, does each hereby appoint ........ DAVTD O. TURNER; HARRY J. BRONNLEE; STEVEN W. POND; STEVE'N A. GUCKENHEIHER; MICHAEL DWIGHT WILLIAMS ; LINDA GARDNER; JEFFERY L': TRENTHAM, Dallas, Texas its true and lawful attorney(s)-in-fact, with full authority to execute on its behalf fidelity and surety bonds or undertakings and other documents of a similar character issued in the course of its business, and to bind the respective company thereby. IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA have each executed and attested these presents this 7th day of F~rch ,19 85 CERTIFICATE Extract from the By-Laws of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA: '*Article V, Section 13. -- FIDELITY AND SURETY BONDS... the President, any Vice President. the Secretary, and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations, shall each have authority to appoint individuals as attorneys-in-fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other documents of similar character issued by the company in the course of its business... On any instrument making or evidencing such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or undertaking of the company, the seal, or a facsimile thereof, may be impressed or affixed or in any other manner reproduced; provided, however, that the seal shall not be necessary to the validity of any such instrument or undertaking." Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY oF AMERICA adopted July 28, 1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out, (i) The provisions of Article V, Section 13 of the By-Laws, and (ii) A copy of the power-of-attorney appointment, executed pursuant thereto, and (iii) Certifying that said power-of-attorney appointment is in full for~e and effect, the signature of the certifying officer may be by facsimile, and the seal of the Company may be a facsimile thereof." I. Bob A. Dickey. Secretary of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE C O M PANY OF AMERICA, do hereby certify that the foregoing extracts of the By-Laws and of a Resolution of the Board of Directors of these corporations, and of a Power of Attorney issued pursuant thereto, are true and correct, and that both the By-Laws, the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of said corporation this 20TH day of ~ ,19 88