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Mercantile P2-CS090109 -.. MAINTENANCE BOND BOND NO: 864552S STATE OF' TEXAS } COUNTY OF DALLAS } ~ DEVELOPERS SURETY AND INDEMNITY COMPANY KNOW ALL MEN BY THESE PREsENTS: THAT BVE PRECISION CONCRETE, INC. as Principal. , a cOl'pOroltion organized UDder the laws of do hereby expressly acknowledge lhemselves 10 be held and bound to pay Wlto the CITY OF COPELL, TX . a Municipal Corporation. Texas. the l>-um of *******TWO THOUSAND FIVE HUNDRED********* Dollars and Cenrs ($ 2,500.00 ) . for the payment ()f which $um will and trUly be made unto said CITY OF CaPELL, TX . and its successors. said principal and suretics do hereby bind themselves, their assigns and successors jointly and severally. IOWA . as .sureties, THIS obligation is conditioned; bowever. that wher<:a$. the said BVE PRECISION CONCRETE, INC. this day entered into a CITY OF COPELL, TX A CITY SIDEWALK which contract and the plans and. specifications thelCin. mentioned. adop'!oo by the CITY OF COPELL, TX are hereby expressly made a part thereof as through the same were written aqd embodied berein. has wriuen contrnct (0 with the said build and conslnJct WHEREAS. under the plans. Specifications. and contract. it is provided that the: Contractor will maintain and keep in good repair. the work herein contrncrcd to be done and performed, for a period of two (2) years from the date of the acccpmnce of said work, and to do all necessary repairs 3Dd!or reconstruction in whole or in part of said improvements that should be occasioned by settlement of foundation, ddeaive workmanship or materials furnished in the consuuction or any part thex'eof or any of the accessories thereto constructed by the Contractor. It being understood that the purpose of this section is to cover aU defective conditions arising by reason of defective material and charge the same against the said Contrac1or. and sureties on this obligation. and the said Contractor and sureties hereon shall be subject (0 rhe liquidation damagcs mentioned in said contract for each day's failure on jts' p3rt [0 comply with the terms of said Mainlcnancc BOlld Page 1 of2 2 ------- provision.~ of said contract. Now, therefore, if the said Contractor sb<1l1 keep and perform irs' said ;JgrceD'lent to maintain said work and keep the same in repair for the said maintenance period of two (2) years, as provided, then these presents 'Shall be null and void, and have not funher effect. bur if default shaH be made by the said Ccntractor in the performance of its' contract to SO maintain and repair said work, then these presents shan bave fun force and effect, and said CITY OF COPELL, TX shall have and roccive from tile said Contractor and ~' principal and sureties damages in the premises, as provided; and j( is further agreed that this obligation shall be a continuing one against tbc-principal and SUt'Cties. hereon, and that successive recOveries may be and b3d hereon fot successive branches until the full amount sh:t.ll have been exhausted; and it is fuxther understood that the Obligation herein to maintain said work shall continue throughout said maintenance period, and the same sball not be changed, diminishal or in any manner affecled from any cause during said time. (N WITNESS WHEREoF,' the said BVE PRECISION CONCRETE, INC. has caused these presents to be executed by VAN ESTEL and the said DEVELOPERS SURETY AND INDEMNITY COMPANYhas caused tJJesc presents to be executed by itS. Attorney' in fact and the said.. Attorney in fact VALERIE ABER , bas hereunto set his hand, the 26th day of JULY ,2005 PRINCIPAL . SUJU:1Y BVE PRECISION CONCRETE. INC. By:Un ~dPJ DEVELOPERS SURETY AND INDEMNITY COMPANY By: L)a OLA.{i,~ Title: PRESIDENT Titlc: ATTORNEY IN FACT w~~~ W:~ ~. ~ NUI'E.: Dale (If Mainlrnancc Bond InMSt not be pMI' It) dart: ()fOmtraC/. ) Moinl~nClIlCt: Bond Page 2 of2 3 ....... ----. POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEMNITY COMPANY OF CALIFORNIA PO BOX 19725, IRVINE, CA 92623 (949) 263-3300 BOND NO: 8645528 KNOW ALL MEN BY THESE PRESENTS, that except as expressly limited, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, do each, hereby make, constitute and appoint: ***Valerie Aber, Wayne Gutches, jointly or severally*** as their true and lawful Attorney(s)-in-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations, as sureties, bonds, undertakings and contracts of suretyship giving and granting unto said Attorney(s)-in-Fact full power and authority to do and to perform every act necessary, requisite or proper to be done in connection therewith as each of said corporations could do, but reserving to each of said corporations full power of substitution and revocation, and all of the acts of said Attorney(s)-in-Fact, pursuant to these presents, are hereby ratified and confirmed. This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Board of Directors of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, effective as of November I, 2000: RESOLVED, that the Chairman of the Board, the President and any Vice President of the corporation be, and that each of them hereby is, authorized to execute Powers of Attorney, qualitying the attorney(s) named in the Powers of Attorney to execute, on behalf of the corporations, bonds, undertakings and contracts of suretyship; and that the Secretary or any Assistant Secretary of the corporations be, and each of them hereby is, authorized to attest the execution of any such Power of Attorney; RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with respect to any bond, undertaking or contract of suretyship to which it is attached. IN WITNESS WHEREOF, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by their respective Executive Vice President and attested by their respective Secretary this 1st day of February, 2005. O~ By: By,~daAJ;~ Walter A. Crowell, Secretary ",........",' ~"",""'i AND J. ""'" !/t.....III!1.-t."\ ,.......... ~b~.,', .:t_,..... ,,- 0 II.~.... ~ $ ~ .....o~p R.4 ;-" ~ \ !",/c.J ~\~\ =a:: OCT. :..(: ~ ~ ~ 10 ! C') 5 \~\ 1936 j~j or. \)) '" ..' ~ $ ~""''''':.''tt/OWI' .....~ i' '" ~q ............. .....~ ,..<t; it""", * """,,, .',"......"" STATE OF CALIFORNIA ) )SS. ) COUNTY OF ORANGE On February 1,2005, before me, Nita G. Hiffmeyer, personally appeared David H. Rhodes and Walter A. Crowell, personally known to me (or proved to me on the basis of satisfactory evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the entity upon behalf of which the persons acted, executed the instrument WITNESS my hand and official seal. ~..~...._._.~.~~i 118 ~MGM~;= I NOIM'f PUBUC CAUFORNIA . . ORANGE COUNTY ~ = COlI\I!I.lIqlir.. Jan. 10, 200ll , ~~~~ ..........~ s_~;#.~ CERTIFICATE The undersigned, as Executive Vice-President, of DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, does hereby certify that the foregoing Power of Attorney remains in full force and has not been revoked, and furthermore, that the provisions of the resolutions of the respective Boards of Directors of said corporations set forth in the Power of Attorney, are in force as of the date of this Certificate. This Certificate is executed in the City of Irvine, California, the ~ day of JULY . 2005 By0 ~~ ID-1380 (Rev. 2/05) r - p MAINTENANCE BOND Bond No. S-903 2727 KNOW ALL MEN BY THESE PRESENTS, That we, .I. T. Dersner. Inc. 1032 W. Pioneer Pkwy., #400, Arlington, TX 76013 (hereinafter called the .Principalj as Principal, and the Washinl!ton International Insurance Comoanv organized under the laws of the State of Arizona , a corporation duly and duly licensed to transact business in the State of Texas (hereinafter called the .Surety"), as Surety are held and firmly bound unto City of Coppell, 255 Parkway Blvd., Coppell TX 75067 (hereinafter called the .Obligee-), in the sum of Fifteen Thousand Three Hundred Twenty-Five And No/IOOths - _ _ _ _ _ _ _ _ _ _ __ ($ $15,325.00 ) for the payment of which are well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Signed and sealed this 23rd day of June ,_2~ THE CONDITION OF THIS OBLIGATION is such, that WHEREAS, the said Principal has heretofore entered into a contract with Messer roup, 533 E. Sandy Lake Rd., Coppell TX 75019 dated 06/0 I /2005 ,for Mercantile Phase 11, Coppell TX WHEREAS, the obligee has requested that said work be guaranteed against failure because of defective workmanship or material, performed or furnished by said principal for a period of 2 years from date of completion and acceptance, normal wear and tear excepted. NOW THEREFORE, if the said Principal shall indemnify and save harmless the obligee against loss or damage occasioned directly by the failure of said materials or workmanship, then this obligation to be void, otherwise to remain in full force and effect. It is understood, however, that this bond shall not include loss or damage by failure of workmanship or materials due to hurricane, cyclone, tornado, earthquake, volcanic eruption or any similar disturbance of nature, nor military, naval or usurped power, insurrection, riot or civil commotion, nor any act of God. It is further understood and agreed that the total liability of the surety under this bond shall in no event exceed the sum of Fifteen Thousand Three Hundred Twenty-Five And No/IOOths _ _ _ _ _ _ _ _ _ _ __ Dollars. No right of action shall accrue upon or by reason of this obligation, to or for the use or benefit of any person, firm or corporation, other than the obligee herein named. J. T. Dersner, Inc. Principal vk,c%4:- Washington International Insurance Company Surety By: By: ~ NAS SURETY GROUP NORTH AMERICAN SPECIALTY INSURANCE COMPANY WASHINGTON INTERNATIONAL INSURANCE COMPANY GENERAL POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, THAT North American Specialty Insurance Company, a corporation duly organized and existing under laws of the State of New Hampshire, and having its principal office in the City of Manchester, New Hampshire, and Washington International Insurance Company, a corporation organized and existing under the laws of the State of Arizona and having its principal office in the City of Itasca, Illinois, each does hereby make, constitute and appoint: SAMMY JOE MULLIS, JR., JOHN WILLIAM NEWBY, ROBERT DONALD HURST, PATRICIA LEE BARTLETT, JULIE STORM, WILBERT RAYMOND WATSON, CAROLYN J. GOODENOUGH and KRYST AL LEA WEBER,jointly or severally Its true and lawful Attorney(s)-in-Fact, to make, execute, seal and deliver, for and on its behalf and as its act and deed, bonds or other writings obligatory in the nature of a bond on behalf of each of said Companies, as surety, on contracts of suretyship as are or may be required or permitted by law, regulation, contract or otherwise, provided that no bond or undertaking or contract or suretyship executed under this authority shall exceed the amount of: TEN MILLION (10,000,000.00) DOLLARS This Power of Attorney is granted and is signed by facsimile under and by the authority of the following Resolutions adopted by the Boards of Directors of both North American Specialty Insurance Company and Washington International Insurance Company at meetings duly called and held on the 24th of March, 2000: "RESOL VED, that any two of the President, any Executive Vice President, any Vice President, any Assistant Vice President, the Secretary or any Assistant Secretary be, and each or any of them hereby is authorized to exeeute a Power of Attorney qualifYing the attorney named in the given Power of Attorney to execute on behalf of the Company bonds, undertakings and all contracts of surety, and that each or any of them hereby is authorized to attest to the execution of any such Power of Attorney and to attach therein the seal of the Company; and it is FURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be binding upon the Company when so affixed and in the future with regard to any bond, undertaking or contract of surety to which it is attachd." ~\"'\\\11II1If1IIII" ,r? '\ ~/ ~""~;~NZ",.t..,, #~~~Jr.~~~ By ~ 0 $~m~ I",~,,'l. ~ ....CY -....j:;..'t.~ $",,". - ,~... ~3.... .. \ ~ ~ !.. COflPOilATE \ 'to ;, == cJ: SEAL io = Paul D.Amstutz, Presldtllt" CbidEIKutiveOfficerofWalbin&tOD InlrnaUODallDsuranceCompaay &. ! e J ~ i ::i!.~ 1~3 .m", :... SEAL In. s u,a,., .'0 fu.: [) S' Via PresideD. of Nort. American Specialty Insurance Company ... ~ ~ :: ~~'" ~ ~~.;..O$ acz \~~NllZOM",,,,~fJ ~~4:0~'~~.'"~~ ~~ ......... ~~..,:: ~"'III"~,:\\\\\\,*~'" ._'" ~'"."f#U;!"",,\,,''''''''' By Steven P. Aodenon, Executive Vice Prnident orWa,hiagloD IDternational IDsunDce CompaDY & Vice Pnskleat or NOr1h American Specialty InsunDee Company IN WITNESS WHEREOF, North American Specialty Insurance Company and Washington International Insurance Company have caused their official seals to be hereunto affixed, and these presents to be signed by their authorized officers this ~day of November ,20~. North American Specialty Insurance Company Washington International Insurance Company State of Illinois County of Du Page On this ~ day of November ,20~, before me, a Notary Public personally appeared Paul D. Amstutz ,President and CEO of Washington International Insurance Company and Vice President of North American Specialty Insurance Company and Steven P. Anderson Executive Vice President of Washington International Insurance Company and Vice President of North American Specialty Insurance Company, personally known to me, who being by me duly sworn, acknowledged that they signed the above Power of Attorney as officers of and acknowledged said instrument to be the voluntary act and deed of their respective companies. ss: ClFFICIIlI._ '1'_"...... ~~....0I1U.1JIIOlI fM~...... ....... ~a-GY'~ Yasmin A. Patel, Notary Public I, James A. Camenter ,the duly elected Assistant Secretary of North American Specialty Insurance Company and Washington International Insurance Company, do hereby certify that the above and foregoing is a true and correct copy ofa Power of Attorney given by said North American Specialty Insurance Company and Washington International Insurance Company, which is still in full force and effect. IN WITNESS WHEREOF, I have set my hand and affixed the seals of the Companies this 23r~ay of June ,20 05. ~'A~~ James A. Caqx."Dtcr, Vice rr~idcnt &. Assistant Secretary QfWashioponlnlemiltional wuran~ Company &: Assislanl Secretary of North American Specialty Insurance: Company r- IMPORTANT NOTICE In order to Obtain Information or Make a Complaint You may call Washington International Insurance Company and/or North American Specialty Insurance Company at the following toll-free number: 800/338-0753 or You may write to them at the following address: Washington International Insurance Company NAS Surety Group 1200 Arlington Heights Road #400 Itasea, IL 60143 You may also contact the Texas Department of Insurance to obtain information on companies, coverages, rights or complaints at: 800/252-3439 You may write the Texas Department of Insurance at the following address: POBox 149104 Austin, TX 78714-9104 o o ~ =It: >: l'lS 3:M ~~~ l'lS<D~1I) .O",.......<D U~IIl'O c:Gll'lScn.... -:'Gl><<D, ~C:Gl:!.: ~ ,~ I- ,... ~ III 0.. C....- ~ 0 CO ,... Gl -.... OS:-GlCO . ~c:- I-~~,g~ ""')~<(o..LL '-.. II) o o N .... 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