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Woodlands-CS 951113The City With A Beautiful Future P.O. Box 478 Coppell, Texas 75019 November 13, 1995 Mr. Bob Finley Finley Development 16801 Addison Road #250 Addison, Texas 75248 P.O. Box 478 Col)i~ell, Texas 75019 214-462.0022 JBLIC WORKS RE: Woodlands of Coppell Final Acceptance Dear Mr. Finley: A final inspection of paving and utilities for the referenced project has been confirmed by representatives of the City of Coppell. The two-year maintenance bonds and as-built drawings have been ~ceived from the contractor. Maturity on the bonds will be two years from the date of this letter. Maturity on the Erosion Control Bond will also be two years from the date of this letter. Larry Davis Construction Inspector cci Kenneth M. Griffin, P.E., Asst. City Manager/City Engineer Howard Pafford, Utilities Superintendent Per Birdsall, Interim Street Superintendent Greg Jones, Chief Building Official Jeff Jones, Fire Marshal Doug Stevens, Engineering Technician Tiseo Paving, Art Tiseo Burlatrd Utility Cont., Bill Burkard file/ldavis/wdlnds.fin MNNTENANCE BOND STATE OF TEXAS COUNTY OF DALLAS THAT WE, BURKARD UTILITY CONTRACTORS. L.C. as Principal, hereinafter called "Contractor", and the other subscriber hereto as Surety, do herebY, acknowledge ourselves to be held and firmly bound to W.O.C, INVESTMENTS. INC.. P.O. BOX 271. LEWlSVlLLE. TEXAS 75067, in the sum of ONE HUNDRED NINETY TWO THOUSAND FORTY EIGHT AND NO/lO0 ($192.048.00 ) Dollars for the payment of which sum well and truly to be made to the said Obligee and its successors, the said Contractor and Surety do bind themselves, their successors and assigns jointly and severally. The conditions of this obligation are such that: WHEREAS, the said Contractor has entered into a contract with W..C. IN NT IN¢, for: INSTALLATION OF WATER, SEWER AND STORM SEWER PIPE WOODLANDS OF COPPELL, COPPELL, TEXAS all such work to be done as set out in full in said contract and the plans and specifications therein referred to, NOW, THEREFORE, if the said Contractor shall repair, replace and restore any and all defects in, or damages, to said work occasioned by, and resulting w~in TWO (2~ YEARS from and after the day of the acceptance of said work from defects in materials furnished by, or workmanship of the Contractor, in performing the work covered by said contract, then this obligation shall become null and void; otherwise to remain in full force and effect. SIGNED, sealed and dated this 26TH day of OCTOBER ~ 19 95 . Attest:~,--~ ~-~ ~ BURKARD UTILITY CONTRACTORS. L.C. HIGHLANDS UNDERWRITERS INSURANCE COMPANY LISA M~ B~I~i~OT, ATrORNEY. IN.FACT HIGHLANDS UNDERWRITERS INSURANCE COMPANY HOUSTON, TEXAS GENERAL POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the Highlands Underwriters Insurance Company, a corporation duly incorporated under the laws of the State of Texas, doth hereby constitute and appoint Ruth Goodenouqht Holly Harte K. R. Harveyt Robbi Morales, & Caroline Cheek, Jointly or Severally of the City of Dalla~ , State of Texas and lawful attorney-in-fact for the following purposes, to-wit: Lisa M. Bonnot, ., to be its true To sign its name as surety, and to execute, seal and acknowledge any and all bonds, recognizances, obligations, stipulations, undertakings or anything in the nature of the same, and to respectively do and perform any and all acts and things set forth in the appended resolution of the Board of Directors of the said Highlands Underwriters Insurance Company; provided, that the penal sum of no single one of such bonds, recognizances, obligations, stipulations or undertakings shall exceed the sum of Unlimited Dollars ($Unlimited ); the Company hereby ratifying and confirming all and whatsoever the said attorney-in-fact may lawfully do in the premises by virtue of these presents, but reserving to itself full power of substitution and revocation. IN WITNESS WHEREOF, the said Highlands Underwriters Insurance Company, pursuant to a resolution passed by its Board of Directors, at a meeting held on the 29th day of July, A.D., 1974, a certified copy of which is hereto annexed, has caused these presents to be sealed with its corporate seal, duly aUested by the signamse of its President, Senior Vice Presidents, Vice Presidents, Assistant Vice Presidents and Secretary or Assistant Secretaries this 10th day of February ., A.D. 19 95 . Assista~Se~re~a~y STATE OF TEXAS COUNTY OF HARRIS CITY OF HOUSTON HIGHLANDS UNDERWRITERS INSURANCE COMPANY Vice~ President On this 10th day of February in the year 19 95 before me personally came Richard Westbrook to me known, who, being by me duly sworn, did depose and say: That he resides in Houston, Texas; mat he is Vice President of the Highlands Underwriters Insurance Company, the corporation described in and which executed the above instrument; that he knows the Seal of said corporation; that the Seal affixed to said instrument is such corporation Seal; that it was affixed to such instrument by and under authority conferred by the Board of Directors of said corporation; and that he signed his name thereto by like authority. = VICKIE A. BYUS ~ [.~1~l Notar/Public, Statl oi Texas Notary Pu~, StOol Tex~ Maintenance Bond Bond No. Z82378 KNOW ALL MEN BY THESE PRESENTS, That we as Principal, and Hmtard Fb.e lmm'mw.e Cam~ , a Surety Corporation organized under the laws of the State of Conmtflcut and duly authorized to do business in the State of T..,~ TX ?~0' as Surety, are held and firmly bound unto C of as Obligee, in the penal sum of (S $~.4u.~o ) to which payment well and truly to be made we do bind ourselves, our and each of our heirs, executors, administrators, successors and assigns jointly and severally, firmly by the~e presents. Sealed with our seals and da~ed the year one thousand nine hundred and 2nd Ninetv.dl~eOf (~9 ~S o WI-~-REAS, the said Principal entered into a contract with the for Woodlands of Coppeii dated WHEREAS, said contract provides that the Principal will furnish a bond conditioned to guarantee for the per/od of 2-Yesr~ year(s) after approval of the final estimate on said job, by the owner, against all defects in worhnauship and materials which may become apparent during said period, and WHEREAS, the said contract has been completed, and was approved on NOW, THE~REFORE, TH~ CONDmON OF Tins 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 ~ years from and after ~e then this obligation shall be void, otherwise to remnin in full force and effect. IN WITNESS WHEREOF the said Principal and Surety have caused these prasents to be sigued and their seals to be hereunto affixed the day and year first above written. Witness: P$11NCIPAL Harff'm'd Fire Insurance Company ~ A. Madden A'rroI~IEY-IN.FACT HARTFORD FIRE INSURANCE COMPANY POWER OF ATTORNEY D. A. VALENTI, STEPHEN E. SCHURR, DENISE A. MADDEN, ROB£RT TROBEC and NANCY FLY'NN of TROY, MICHIGAN b lrue ~nd Ire'dui Am~w~(s)-In~ct. with fu~ pew~ md m~t~,y ~o ~ of m~l Al~om~y(~_F~ct. H ~ ~ ~ ~ ~ (1) By'lJwt '~'~1 bY Um 8bx:id~,dm~ ~'th~ HARTFORD fiRE INSURANGE COMPANy .t a riming d~y c~d m~d imld m ff~e 9lb d~y ~ Mm~c~, 1971. ARTIGLE IV DImctom of Ih~ H/~TFORD RRE INSUR-~IC~ COMPANY ~ a meMin~ ~ ¢~ied ~nd MM ~.~ th~ 12~h d~y ~ F~, 1~ COUNTY OF H~ i r~RD ~ F~d L MauM~i~ · ~o~q~xwmm~nogmtrmMonedN~n~rmUtarek~bykom~r. -- .......... FIRST STATE BANK OF TEXAS October 27, 1995 City of Coppell P.O. Box 478 Coppell, TX 75019 Sllbject: Guaranty Erosion and Sedimentation Contract Code Ordinance #91514 between W.O.C. Investments, and City of Coppell for gas mains in Woodlands of Coppell Inc. Gentlemen: We hereby issue this Irrevocable Letter of Credit no. 784 which is available against presentation of the following documents. 1. City of Coppell's draft at sight, drawn on First State Bank of Texas, P.O. Box 100, 101 South Locust, Denton, Texas 76201, if presented no later than ninety (90) days after Dec-mher 31, 1997, therefore to be presented no later than March 31, 1998. 2. City of Coppell's statement dated no later than ninety (90) days after December 31, 1997, that W.O.C. Investments, Inc. has failed to fulfill obligations under Erosion and Sedimentation Contract Code Ordinance #91514 City of Coppell up to but not exceeding THREE THOUSAND SEVEN HUNDRED FORTY AND 26/100S U.S. DOLLARS ($3,740.26) required %mder Agreement between W.O.C. Investments, Inc. as Applicant, and City of Coppell a copy of which is attached hereto and made a part hereof for all purposes but not later than ninety (90) days after Dec-mher 31, 1997, therefore to be presented no later than March 31, 1998. We hereby engage with City of Coppell, its successors and assigns, that in compliance with the terms of this Irrevocable Letter of Credit no. 784 that such draft and documents will be duly honored upon presentation to us. Sincerely, sident P.O. Box 100 · Denton, TX 76202 817-382-5421 FINLEY DEVELOPMENT LAND D1/~VEJOPMF. NT CONSULTANTS 16801 ADD/SON ROAD, ~Ul'l]~ 2~q0 ADDISON, TEXAS 75248 TEL: (214) 931-1312 FAX:(214) 931-1321 October 25, 1995 Mr. Kenneth M. C..'if~.. P.E. Asst. City Ma ser/C y r inesr P.O..Box 478 CoppelL Tx 75019 Re: The Woodlands of Copl~ll Dear Mr. Enclosed herewith, in compliance with the City of Coppell erosion and seairmmtstlon comrol code ordinance n,mher 91514, is our two (2) year escrow, letter of credit. This escrow has been calculated as follows: Silt Fence - 2,035 LF ~l $1.15 Per LF = $2,340.25 Drill Seed Rye Grass - 3.3 AC ~ $400.00 Per AC = 1,32000 Hay Bales 40 LF (~ $2.00 Per LF -- 80.00 TOTAL ESCROW $3,740.25 A copy of our erosion corslfol plan is enclosed. If you have any questions, please call. Robert C. Finley, President xc: J.P. Thompson, WOC hve~ue~ Inc.