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Villages of CC 6-CS 951115Bond No. S400-7322 MAINTENANCE BOND iunount $ 371,255.80 Know All Men By These Presents That we, Legend Construction, Inc. (hereinafter called the Principal), as Principal, and Washington International Insurance Company, Schaumburg, IL, a corporation duly organizedunder the laws of the State of Arizona, (hereinafter called the Surety), as Surety, are held and firmly bound unto City of Coppell~ Texas (hereinafter called the Obligee), In the sum of Three hundred seventy one thousand two hundred fifty five & 80/100 Dollars ($ 371,255.80 .), for the payment of which we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Sealed with our seals and dated this 15th day of November A.D. nineteen hundred and 95 WHEREAS, the said Principal has heretofore entered into a contract with said Obliges dated November 16, , 19 94, for Water, Sanitary Sewer~ Storm Drainage Improvements - Development Plans - Villages at Cottonwood Creek- Phase VI Coppsll Texas ;and WHEREAS, the said Principal is required to guarantee the Utility Work installed under said contract, against defects in materials or workmanship, which may develop during the period. NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the principal shall faithfully carry out and perform the said guarantee, and shall, on due notice, repair and make good at its own expense any and all defects in materials or workmanship in the said work which may develop during the period Two years from date of completion and acceptance~ normal wear and tear excepted or shall pay over, make good and reimburse to the said Obligee all loss and damage which said Obligee may sustain by reason of failure or default of said Principal so to do, then this obligation shall be null and void; otherwise shall Legend Construction, Inc. remain in full force and effect. P~i~cipal Power of Attorney WASHINGTON INTERNATIONAL INSURANCE COMPANY KNOW ALL MEN BY THESE PRESENTS: Ttmt the Washington Interna'donal Insurance Company, a corpor&tion organized end existing under the laws of the State of Arizona, and having its principaJ office in the Village of Scheumburg, Illinois doe~ hereby constitute end appoint W. LAWRENCE BROWN, TRACY TUCKER, DELBERT TUCKER AND TOBIN TUCKER EACH IN THEIR SEPARATE CAPACITY its true and lawful attomay(s)-in-fact to execute, seal and deliver for and on its behalf as surety, e~ and all bonds end undertaJ~ings, recognizances, contrects of indemnity and other writings obligatory in the nature thereof, which are ~ may be allow~:l, required, or permitted by law, statute, rule, regulation, contl'ect or otherwise, and the execu~on of such i~ti'ument(s) in pursuance of these presents, shall be as binding upon Itm seid Washington International Insurance Company as fully and amply, to ail intents and purposes, as if the same has been duly executed and acknowledged by its President and its principal office. This Power of Attorney shall be limited in amount to $2,000.000.00 for any single obligation. This Power of Attorney is issued pursuant to authority granted by the resolutions of the Bored of Directors edoptad Mmch 22. 1978, July 3. 1980 and October 21, 1986 which read, in part, as follows: 1, The President may designate Attorneys-in- Fact, and autho~ze them to execute on behalf of the Company, and attach the 8eaJ of the Company thereto, bonds, and undertakings, recognizances, con~'acte of indemnity and other writings obligator~ in the nature thereof, and to appoint Special Attorneys-in- Fact. who are hereby authoH~d to c~l~y copies of any pow~-of-attorney issued in pursuent to thic section and/or any of the By- Laws of the Company. and to remove, at any time, any such Attorney-in- Fact or Special Attorney-in- Fact and revoke the au~ority given him. 2. The signaturas of the Chairman of the Bored, the President, Vice President, Assistant Secmta.,y, Treasurer and Secmtety, and the corporate seal of the Gompany, may be affixed to any Power of Attorney, certificate, bond or undertaking releting thereto, by facsimile. Any such Power of Attorney. cerlificata, bond or undertaJcing bearing such facsimae signature or facsimile seeJ affixed in the ordinary course of business shall be valid and binding upon~-~ *'i'~/r~ ~, ~,~ the C~a=~~~ 'IN TES~M~ ~ER~F, ~ ~~[nsur~ C~ ~ c~ ~ I~ume~ ~ ~ sig~ ~ ~ corse..~ ~ ~ ~ · a~.~ ..... · ,,,~w~r STATE OF ILLI~) ~. ~I ~ }.~..~ COU~OF ~ On ~is ~ day ~ ~. 1~, b~m me c~e ~ i~ ~ ~ ~ pr~i~ I~um~ ~ me p~ly k~, ~, ~i~ by me du~ s~n, s~d ~ ~ ~ ~e ~r~n d~cr~ ~ ~d ~ar ~ ~e W~h~ In~n~ I~ur~ ~p~y; ~t ~e s~ ~ ~ s~ ins~me~ ~ ~ C~ ~ ~ ~ ~mp~; IN TES~M~ ~EREOF, I ~ ~r~y ~d ~ my ~ ~, ~ day ~ y~ fl~t ~ ~. ~ CH~ISTIN~ ~zSKY ~ ~ ' ~ Notary Pu~,, State o,.:. a~ ~ MyCommbsbn~pire~to~r~ 1996 STATE OF ILLINO~) COU~ OF C~ I, ~e u~ars~, 8~r~ ~ WASHINGTON I~ER~TIO~L INSU~E COMPAq, ~ ~IZO~ C~ra~n, O0 HEREBY CE~I~ ~ ~ f~ ~ a~h~ ~WER OF A~RN~ rem~ns in ~ll ~ce ~ ~ ~t b~n r~k~. ~ ~rmore ~ ~le IlL ~ 5 ~ ~ ~-~ ~ ~ Cor~n, ~ ~ ~ ~ ~ ~d ~ Dir~rs, s~ ~ in ~ Po~r ~ A~r~, me now in force. 8ig~s~in~eCoun~k. Dat~ ISt~yof ~ovember, ,~9 95 Lew~ M. Moel~r, ~cr~a~ PRODUCER THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE '*:uc.~R AGSNCZ, UqC. HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ~'.o. sox ==ss ALTER THE COVERAGE AFFORDED BY THE POUCIES BELOW. COMPANIES AFFORDING COVERAGE I D CERTIFICATE MAY BE iSSUED OR MAY PERTAIN. THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS. EXCLUSIONS AND CONDmONS OF SUCH POUClES. MMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. 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