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HomeMy WebLinkAboutPerformance BondPERFORMANCE BOND Annual Form Traveters Casualty and Surety Company of America Hartford, GT 06183 KNOW ALL BY THESE PRESE TfS, That w€ DailvRecord ' as Principal' and T.u"ulu".c"ru"lt""ndsor"t"co,no.nnofA-..i"" Gtitut ' authorized to do business in the St"t" of w".nin"* , as Surety, are held and firmly bound unto Kittitas countv. Washlnston ' .tsond No.r06185890 as Obligee, in the maximum penalsum of Ten nnd No/l00 Dollars ( Sro.ooo.oo_ ), lawful money of the United States of America, for which payment welland truly to be made we bind ourselves, our heirs, executors and assig ns, jointly and severally, firmly by this Bond. WHEREAS, the principal has entered, or is about to enter, into a written agreement with the Obligee to perform in accordance with the terms and conditions of the Officiel Ncwsnaner- Resolution to10Jl6t6 (hereinafter NOW, THEREFORE, the condition of this obligation is such that if the above named Principal, its successors and assigns, shall well and truly perform its obligations aJ set forth in the above mentioned Contract, then this Bond shall be void; otherwise to remain in full force and effect pursuant to its terms. Notwithstanding anything to the contrary in the Contract, the Bond is subject to the following express conditions: Whereas, the Obligee has agreed to accept this Bond, this Bond shall be effective for the definit9 period of Jurvt.2oz3 to June30.20i4 , . TheBondmaybeextended,atthesoleoptionoftheSurety, bycondci6ncertiffiror@theexpirydatehereof.However,neither:(a)theSurety's decision not to issue a continuation certificate, nor (b) the failure or inability of the Principal to file a replacement bond or other security in the event the Surety exercises its right to not renew this Bond, shall itself constitute a loss to the Obligee recoveiable under this Bond or any extension thereof' referred to as the Contract), sa id Contract is hereby referred to and made a part hereof; 2.The above referenced Contract has a term ending June30.2024 Regardless of the number of years this BondisinforceorthenumberofcontinuationffihisBondshallnotbeextendedbeyond June 30.2024 , unless earlier nonrenewed pursuant to paragraph 1 above. One Souere Hnrtford-cT fl6t81 Attn:Bond Claim 6.lf any conflict or inconsistency exists between the Surety's obligations or undertakings as described in this Bond and as described in the underlying Contract, then the terms of this Bond shall prevail' SIGNED, SEALED AND DATED this ottr day of 2023 By: ,e , Principal 3. No claim, action, suit or proceeding, except as hereinafter set forth, shall be had or maintained against the Surety on this instrument unless such claim,lction, suit or proceeding is brought or instituted upon the Surety within one year from termination or expiration of the bond term' 4. Regardless of the number of years this Bond is in force or the number of continuation certificates issued, the liability of the-Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth above, or as amended bY rider. 5. Any notice, demand, certification or request for payment, made under this Bond shall be made in writing to the SylglY at ine address rp""ifi"d below. Any demand or request for payment must be made prior to the expiry date of this Bond. SUfety AddfeSS: Travelers Casualtv and Surefv Companv of America s-5025d (06-06) By: Daily Record ond of Attorney-in-Fact ^-. TRAVELERSJ Travelers Casualty and Surety Company of Americh Travelers Casualty and Surety Company St. Paul Fire and Marine Insurance Company , POWEROFATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Sureg Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine lnsurance Company are corporalions duly organized under the laws of the State of Connecticui (herein collectivrity ialleO the "Companies"), and that the Companies do hereby make, constitute and appoint Jennlfer Wnters of LubbockTexas , lheir true and laMul Attorney-in-Fact to sign, execute, seal and acknowledge any and all bonds, recognizances, conditional undertakings and other writings obligalory in the nature thereof on behalf of the Companies ln their business of guaranGeing thelidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or-permitted i6 any actions or proceedings allowed by law. lN WITNESS WHEREOF, the Companies have caused this instrument to be signed, and their corporate seals to be herelo affixed, this lTth day of January, 2019. State of Conneclicut By: City of Hartford ss.Vice President On this the Vice President of Travelers that he, as Company, and behalf of said Companies lN WTNESS WHEREOF, I hereunto set my hand and ofiicial seat. My Commission expires the 30th day of June, 2021 Anna P. Nowik, Notary Public This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine lnsurance Company, which resolutions are nowln full force and effect, reading as follows: RESOLVED, that the Chairman, the President, any Mce Chairman, any Executive Vice President, any Senior Mce President, any Mce president, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assisiant Secretary may appoint Attomeys-in-Faci anil Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and olher writings obligatory in the nature oia bond, recognizance, or condilional undertaking, and any of said oflicers or lhe Board of Directors at any time may remove any such appointee and revoke the power given him or her; and it is FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Mce President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided lhat eacli such delegation is in writing and a copy thereof is filed in the office of the Secretary; and it is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice president, any Senior Mce President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, ihe Corporate Secretary oi any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary; or (b) duly'executed (under seal, if required) by one or more Attorneys-in-Fact and Agents. pursuant to the power prescribed in his or her certificate or their certificites of authority or by one or more Company officers pursuant to a written delegation of authority; and it is FURTHER RESOLVED, that the signature of each of the following officers: Presidenl, any Executive Mce President, any Senior Mce President, any Vice President, any Assistant Mce President, any Secretary, any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any power of Attorney or to any certificate relating thereto appoinling Resident Mce Presidents, Resident Assistant Secretaries or Attorneys-in-Fact for purpoies only of executing and altesting bonds and undertakings and other writings obligatory in the nature thereol and any such Power ofAttomey or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and cerlified by such facsimil6 signature and facsimile seal shall be valid and binding on the Company in lhe future with respect to any bond or understanding to vuhich it is attached. l, Kevin E. Hughes, the undersigned, Assistant Secrelary of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety company, and St. Paul Fire and Marine lnsurance Company, do hereby cerlify that the above and foregoing is a true and correct copy ofihe power of Atlorney executed by said Companies, which remains in full force and effecl. Dated this 6th day of ]une 2023 Kevin E. Hughes,Secretary To verify the authenticity of this Power of Afuorney, please call us at 7-8OO-421-388O, Please refer to the above-named Attorney-ln-Fact and the debils of the bond to which this Power of Attorney is attached. .t il HAFNi.;.,J. c0ff{. t