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HomeMy WebLinkAbout0109 Churchill Street - Landscaping - 12/30/2015Bond No. 2182842 PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS, that we South Village Communities, LLC as Principal, and North American Specialty Insurance Company, a Corporation authorized to do business in the State of Vermont, having an office and place of business at 160 Gould Street, Ste 1_18, Needham, MA 02494, as Surety are held and firmly bound unto City of South Burlington, VT, 575 Dorsett Street, South Burlington, VT 05403, as Obligee, in the sum of Twenty -Four Thousand, Eight Hundred Dollars Dollars ($24,800.00) Dollars, lawful money of the United States of America, for which payment well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents. SIGNED, SEALED AND DATED THIS 30th Day of December, 2015. Whereas, the Principal has an approved subdivision plot plan with the City of South Burlington, VT, Obligee, under "Master Plat Plan, South Village, Drawing Number S1.0" South Village Communities, LLC Master Plan Application #MP-05-02, granted and approved by the City South Burlington, VT, whereas the Principal will guarantee construction and completion, including the passing of any warranty period following construction and completion of the Site Plan Application #SP-15-60, Landscaping for East and West 12-Plex Buildings. Now, therefore, the condition of this obligation is such, that if the Principal shall carry out all the terms of said agreement relating to the said Landscaping for Site Plan Application #SP-15-60 in the said subdivision, then this obligation shall be null and void, otherwise to remain in full force and effect and may be drawn upon in whole or in part by Obligee. This bond is not transferable or assignable without the Surety's express consent. No Party other than the Obligee shall have any rights hereunder as against the Surety. The aggregate liability of the Surety of the Bond Obligation set forth herein shall not exceed the penal sum hereof for any cause or reason, inclusive of attorney's fees or other costs. Witness �1 ti �j �Wl V A South Village Communities, LLC BY yl�4) (-, North American Specialty Insurance Company B y:aJ/� A, /,t Leslie A.'Watson, Attorney-m-Fact 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 New Hampshire and having its principal office in the City of Schaumburg, Illinois, each does hereby make, constitute and appoint: DANIEL F. CASEY, DINAH L. JACOBSEN, LESLIE A. WATSON, ZACHARY J. SMITH and LISA ROGERS JOINTLY OR SEVERALLY Its true and lawful Attomey(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: FIFTY MILLION ($50.000.000.00) 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 9`h of May, 2012: "RESOLVED, that any two of the Presidents, any Managing Director, any Senior 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 execute 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 attached." V/z Ppp"'•.',!iPG% aS`""aS10N NA(j% By �,��oaPo�4rspQ Steven P. Anderson, Senior Vice President of Washington International Insurance Company SEAL '.ry �_ t�sl i,TJ, 19�3 tnf q & Senior Vice President of North American Specialty Insurance Company pi�bOp s 1-Nd�\�� °��py;•. ;!fANP�D c Michael A. Ito, Senior Vice President oT Washingtonnternationa nsurance ompany mIM11 "O & Senior Vice President of North American Specially Insurance 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 1 Oth day of April 2015 . North American Specialty Insurance Company Washington International Insurance Company State of Illinois County of Cook SS: On this 10th day of April , 20 15, before me, a Notary Public personally appeared Steven P. Anderson , Senior Vice President of Washington International Insurance Company and Senior Vice President of North American Specialty Insurance Company and Michael A. Ito , Senior Vice President of Washington International Insurance Company and Senior 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. OFFICIAL SEAL NOTARY PUBLIC, STATE OF IWNOIS M. Kenny, Notary Public W OOMMISSION Bff012104W7 I, Jeffrey Goldberg 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 of a 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 this3_Othday of December , 20 15• Jeffrey Goldberg, Vice President & Assistant Secretary of Washington International Insurance Company & North American Specialty Insurance Company