HomeMy WebLinkAboutPerformance BondBond Number: 9833064
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS:
THAT '\ryE, oahe Publishing Corp DBA: Northern Kittitas Countv Tribune , as PrinCipal,and Lexon Insurance Company
a corporation duly organized and
qualified to do surety business in
bound unto Kittitas county
($__]9.qgg_go ) Dollars, legal
made, we, and each of us, bind
severally by these present.
existing under and by virtue of the laws of the State of TEXAS and duly
the State of w*hineton as Surety, are, and each of them is, held and firmly
as Obligee, in the penal sum of Ten fhorrsand and 00/100 dollars
tender of the United State of America, for payment of which well and truly to be
ourselves, executors, administrators, successors and assigns, jointly and
WHEREAS, the Principal has entered into a Contract with Obligee for official County Newspaper Services
NOW THEREFORE, The condition of this obligation is such, that if the Principal shall indemnify the Obligee
against all loss to it caused by said Principal's breach of the Contract, then the above obligation shall be void,
otherwise to remain in full force and effect, and is conditioned that the total aggregate liability of the Surety for
all claims shall be limited to the face amount of the bond irrespective of the number of years the bond shall
remain in force.
PROVIDED' THE LIABILITY OF THE SURETY upon this bond shall remain in full force, and effect for
the full period of the Contract, and renewals thereof issued to the Principal above named, or until 30 days after
the receipt by the Obligee, at his last known address, of a written notice signed by such Surety, or its authorized
agent, stating the liability of such Surety is thereby terminated and cancelled; and provided further, that nothing
herein shall affect any rights of liabilities which shall have accrued under this bond prior to the date of such
termination.
Notwithstanding any provision in the contract to the contrary, this bond shall be effective on 7nt202t and shall
expire on 6/3012022 and may be renewed from year to year by Continuation Certificate atthe option of the
Surety but failure of the surety to renew this bond will not constitute a default as defined in the contract or by
the bond.
IN WITNESS WHEREOF, the Principal and Surety have executed this instrument this 6th day of May ,
2021
Principal: Oahe Publishing Corp DBA: Northern Kittitas County Tribune
By:
Surety: Lexon Insurance Company SEAL
By:
Sheila Walch, Attomey-In-Fact
INSURAIICE(p SOMPO INTERNATIONAL
w]
POWER OF ATTORNEY
ryn
KNOW ALL BY THESE PRESENTS, that Endurance Assurance Corporation, a Delaware corporation, Endurance American tnsurance Company, a Delaware
corporation, Lexon lnsuranco Company, a Texas corporation, and/or Bond Safeguard lnsurance Company, a South Dakota corporation, each, a "Company'and
collectively, 'Sompo lnternational," do hereby constitute and appoint: shoilawalch as true and lawful Attorney(s)-ln-Fact to
make, execute, seal, and deliver for, and on its behalf as surety or co-surety; bonds and undertakings given for any and all purposes, also to execute and deliver on its behalf
so made, executed and delivered shall obligate the Company for any portion of the penal sum thereof in excess of the surn 6f 910,000.00
Such bonds and undertakings for said purposes, when duly executed by said attorney(s)-in-fact, shall be binding upon the Company as fully and to the same extent as if
signed by the President ofthe Company under its corporate seal attested by its Corporate Secretary.
This appointment is made underand by authorityof certain resolutions adopted bythe sole shareholderof each Company by unanimouswrilten consenteffectivethe 15th
day of June, 201 9, a copy of vvitich appears below under the heading entitled "Certificate".
This Power of Attorney is signed and sealed by facsimile under and by authority of the following resolution adopted by the sole shareholder of each Company by
unanimous written consent effective the 15th day ofJune, 2019 and said resolution has not since been revoked, amended or repealed:
RESOLVED, that the signature of an individual named above and the seal of the Company may be affixed to any such power of attorney or any certificate relating thereto
by facsimile, and any such power of attorney or certificate bearing such facsimile signature or seal shall be valid and binding upon the Company in the future with respect
to any bond or undertaking to which it is attached.
lN WTNESS WHEREOF, each Company has caused this instrument to be signed by the following officers, and its corporate seal to be affixed this '1Sth day of
June,2019.
Assurance Endurance American lnsurance Company Bond Safeguard
By:By:
Appel;
ACKNOWLEDGEMENT
On this '15fr day of June, 2019, before me, personally came
ofthe Companies; and that he executed said instrument on
By:
CERTIFICATE
3. The undersigned further certifies that the above resolutions are true and correct copies of the resolutions
lN WTNESS WHEREOF, I have hereunto set my hand and affixed the corporate seal this 6th day of
duly sworn, did depose and say that
of each Com
My
as so of the whole thereof.
20 21
of each
l, the undersigned Ofiicer of each Company, DO HEREBY CERTIFY that:
1 . That the original power of attorney of which the foregoing is a copy was duly executed on behalf of each Company and has not since been revoked amended or modified;
that the undersigned has compared the foregoing copy thereof with the original power of attomey, and that the same is a true and conect copy of the original power of
attorney and of the whole thereof;
2. The following are resolutions which were adopted by ihe sole shareholder of each Company by unanimous written consent effective June 15, 2019 and said resolutions
have not since been revoked, amended or modified:
"RESOLVED, that each of the individuals named below is authorized to make, execute, seal and deliver for and on behalf of the Company any and all bonds,
undertakings or obligations in surety or co-surety with others: RICHARD M. APPEL, BRIAN J. BEGGS, CHRISTOPHER DONELAN, SHARON L. SIMS,
CHRISTOPHER L. SPARRO, MARIANNE L. WILBERT
; and be it further
RESOLVED, that each of the individuals named above is authorized to appoint attorneys-in-fact for the purpose of making, executing, sealing and delivering bonds,
undertakings or obligations in surely or co-surety for and on behalf of the Company."
By:
Daniel S. Lurie,
possible impact on your surety coverage due to directives issued by OFAC. Please read thls Notice carefully.
on the United States Treasury's website - hftps://www.treasurv,oov/resourc.e-crnter/sanctions/SDN-List.
subiect to OFAC. When a surety bond or other form of surety coverage is considered to be such a blocked or frozen contract, no payments nor premium refunds may be made without
authorization from OFAC. Other limitations on the premiums and payments may also apply.
Any reproductions are void,
Surety Clalms Submission: toxooOhlnoAdmlnlstratlon@somoolntl.com
Telephone: 6l 5-553-9500 Mailing Address: Sompo lnternational; {2890 Lebanon Road; Mount Jullet, TN 371 22-2870
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