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Home My WebLink AboutPK14-063 - Other - Payment & Performance Bond - Station 74 IT Data Center Remodel v KtWT PAYMENT AND PERFORMANCE BOND W.a.,.O T.N TO CITY OF KENT BOND NO CSB0002832 KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned, Dutton Electric Company. Inc. as Principal, and Contractors Bonding and Insurance Company a Corporation organized and existing under the laws of the State of Washington, as a Surety Corporation, and qualified under the laws of the State of Washington to become Surety upon bonds of Contractors with Municipal Corporations, as Surety, are jointly and severally held and firmly bound to the CITY OF KENT in the penal sum of $ $53 232 33 , together with any adjustments, up or down, In the total contract price because of changes in the contract work, for the payment of which sum on demand we bind ourselves and our successors, heirs, administrators or personal representatives, as the case may be. This obligation is entered into in pursuance of the statutes of the State of Washington, and the Codes and Ordinances of the CITY OF KENT. Nevertheless, the conditions of the above obligation are such that: WHEREAS, under and pursuant to a motion, duly made, seconded and passed by the City Council of the City of Kent, King County, Washington, the Mayor of the City of Kent has let or is about to let to the above bounden Principal, a certain contract, the said contract providing for construction of Fire Station 74 IT Remodel Electrical Improvements (which contract is referred to herein and is made a part hereof as though attached hereto), and WHEREAS, the Principal has accepted, or is about to accept, the contract, and undertake to perform the work therein provided for in the manner and within the time set forth: NOW, THEREFORE, for non-FHWA projects only, if the Principal shall faithfully perform all the provisions of said contract in the manner and within the time herein set forth, or within such extensions of time as may be granted under the said contract, and shall pay all laborers, mechanics, subcontractors and material men, and all persons who shall supply the Principal or subcontractors with provisions and supplies for the carrying on of said work and shall indemnify and hold the CITY OF KENT harmless from any damage or expense by reason of failure of performance as specified in said contract or from defects appearing or developing in the material or workmanship provided or performed under said contract, then and in that event this obligation shall be void; but otherwise it shall be and remain in full force and effect. IN WITNESS WHEREOF, the above bounden parties have executed this instrument under their separate seals. The name and corporate seal (If required by PAYMENT AND PERFORMANCE BOND Page I of 2 law) of each corporate party is hereto affixed and duly signed by its undersigned representatives pursuant to authority of its governing body. TWO WITNESSES: Dutton Electric Company, Inc PRINCIPAL (enter priVq) I's name above) BY: _ s ItL Q(1 TITLE: PRINT NAME ? DATE: 03 -l (— I q DATE: CORPORATE SEAL: J ///,-�Sf'n!�7Z PRINT NAME DATE: 03 —1 �— T Contractors Bonding and Insurance Company SURETY CORPORATE SEAL: BY: DATE: 3/10/14 TITLE: Nancy N Hill, Attorney-In-Fact ADDRESS: 3101 Western Ave Suite 300 Seattle WA 98121 CERTIFICATE AS TO CORPORATE SEAL I hereby certify that I am the (Assistant) Secretary of the Corporation named as Principal in the within Bond; that Who signed the said bond on behalf of the Principal Of the said Corporation; that I know his signature thereto is genuine, and that said Bond was duly signed, sealed, and attested for and in behalf of said Corporation by authority of its governing body. SECRETARY OR ASSISTANT SECRETARY Y%U IVcb kOMna PeleeeeeXPerroWo find doe PAYMENT AND PERFORMANCE BOND Page 2 of 2 RLICkk POWER OF ATTORNEY • anRUconv"y RLI Insurance Company P 0 Box 3967 1 Peoria,IL 61612-3967 Contractors Bonding and Insurance Company Phone (800)645-2402 1 Fax (309)689-2036 Know All Men by These Presents That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving officer if desired That this Power of Attorney may be effective and given to either or both of RLI Insurance Company and Contractors Bonding and Insurance Company,required for the applicable bond That RLI Insurance Company, a Illinois corporation, and/or Contractors Bonding and Insurance Company, a Washington corporation (as applicable), each authorized and licensed to do business in all states and the District of Columbia do hereby make, constitute and appoint Holly E Ulfers Mary A Dobbs Terri L Franklin Roxana Palacios Patricia L Russell Pamela A Jardine,Steven W Palmer,Nancy N Hill Iomtly or severally in the City of Seattle , State of Washington as Attorney in Fact,with full power and authority hereby conferred upon him/her to sign, execute, acknowledge and deliver for and on its behalf as Surety, in general, any and all bonds, undertakings,and recognizances in an amount not to exceed Ten Million Dollars ( $10,000,000.00 )for any single obligation The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon this Company as if such bond had been executed and acknowledged by the regularly elected officers of this Company RLI Insurance Company and Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of the Resolution adopted by the Board of Directors of each such corporation,and now in force,to-wit "All bonds, policies, undertakings, Powers of Attorney or other obligations of the Corporation shall be executed in the corporate name of the Corporation by the President,Secretary,any Assistant Secretary,Treasurer,or any Vice President,or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Corporation. The corporate seal is not necessary for the validity of any bonds, policies, undertakings,Powers of Attorney or other obligations of the Corporation. The signature of any such officer and the corporate seal may be printed by facsimile or other electronic image." IN WITNESS WHEREOF, RLI Insurance Company and/or Contractors Bonding and Insurance Company,as applicable,have caused these presents to be executed by its respective Vice President with its corporate seal affixed this 26th day of November,. �`'•�p\NG 1aN1)ingGCE 4�i RLI Insurance Company .........��ro% Contractors Bonding and Insurance Company Viz: SEAL __ = ' SEAL ., Roy C DieL,) Vice President State Of IllinoisSS 'Oq WAgHM G1 Ga"``` /�ryriup0 5`'''`: County of Peoria CERTIFICATE On this 26th day of November 2013 I, the undersigned officer of RLI Insurance Company, a stock before me, a Notary Public, personally appeared Roy C Die who corporation of the State of Illinois. and/or Contractors Bonding and being by me duly sworn, acknowledged that he signed the above Power of Insurance Company, a Washington corporation, do hereby certify Attorney as the aforesaid officer of the RLI Insurance Company and/or that the attached Power of Attorney is in full force and effect and is Contractors Bonding and Insurance Company, and acknowledged said irrevocable, and furthermore, that the Resolution of the Company as instrument to be the voluntary act and deed of said corporation set forth in the Power of Attorney, is now in force In testimony whereof, I have hereunto set my hand and the seal of the RLI Insurance Company pd/or Contractors j3onding Insurance Company this --Ito •day of / RLI Insurance Company - - Jacqu ne M Bockler Notary Public Contractors Bonding and Insurance Covpany--—— .. _- "O=BCCKLER Vice.-President Nmeer Roy C Die ` J „ roeuc JACQUCOMMIS 4675439020212 A0059913