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HomeMy WebLinkAboutCAG2021-028 - Other - Christensen, Inc. - Payment and Performance Bond - 01/07/2021KENT PAYMENT AND PERFORMANCE BOND TO CITY OF KENT KNOW ALL MEN BY THESE PRESENTS: That We, the undersigned, Christensen, Inc., General Contractor 35 p(04(jp31, Bad Travelers Ca8ualty and Surety Company of Amer'ica a Corporation organized and existaing under the )aws 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 pena) sum of One Million Seven Hundred Thousand $sixnunsoanoootiootsi,zoo,eogitOgether W1th an)/ adjustmentsi up or dOWn, in the kOtal 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 Counci1 of the City of Kent, King County, Washington, the Mayor of the City of Kent has let or is about to fet to the above bounden Principal, a certain contract, the said contract provfding for construction of Riverbend Drtving Range - Phase III/Project Number: 20-04 (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 orily, 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 extensioris of time as may be granted under the said contract, and shall pay all laborers, mechanics, subcontractors and material men, and al( persons who shall supply the Principal or subcontractors with provisions and supplies for the carrying on of said work and shail 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 peformed under said contract, then and in that event this obligation shall be void; but othemise it shall be and remain in ful) force and effect. IN \/VITNESS WHEREOF, the above bounden parties have executed this instrument under their separate seals. The name and corporate seal (if required by (aw) of each corporate party is hereto affixed and duly signed by its undersigned representatives pursuant to authority of its governing body. PrOVided tO Buildets Exchange Of WA, Ina. For usage COnditiOnS Agreement 8ee WWW.bXWa.COm - AlWa3tS verify SCal TWO WITNESSES: uOniqd tf?)IA)5)M#'f ffoe Prs.h PRINT NAME DATE:il-i /'20'Z } CORPORATE SEAL: Christensen, Inc., General Contractor PRINCIPAL (enter prlnclpal's name above) DATE: l l 'l l'lOl\ CORPORATE SEAL: Travelers Casualty and Surety Company of America SURETY BY: DATE: 1-6-2021 7[1[; Attorney in Fad ADDRESS: 1802BlackLakeB1vdSW#301 Olympia, WA 98512 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 ofthe 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 proVided tO Builders gxchange Of WA, InC. For usage COnditiOnS Agreement See WwW.bXwa.COm - AlWays Verif5t SCal 4!k TRAVELERS-j Travelers Casualty and Surety Company of America Travelers Casualty and Surety Company St. Paul Fire and Marine Insurance Company POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine Insurance Company are corporations duiy organized under the laws of the State of Connecticut (herein collectively called the "Companies"), and that the Companies do heretiy make, constitute and appoint Tfffany Karpavfcfus of Ofyrnpia, Washington, their tnie and lawful Attorney-in-Fact to sign, execute, seal and acknowiedge any and all bonds, recogn'izances, condit'ionai undertakings and other writings obligatory 'in the nature thereof on behalf of the Companies in theirbus'iness of guarantemng the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or pernYitted in any actions or proceed'ings allowed by Jaw. IN WITNESS WHEREOF. the Comnanies have caused this 'instniment tobe signed, and theircorporate seals tobe hereto affixed, th'is 3rd dayofFebruary, 2017. State of Connecticut City of Hartford ss. BY, M 'Robert L. Raney, SerVioe President Marre C. Tetreault, Notary PublicMarre C. Tetreault, Notary Public On this the 3rd day of February, 2017, before me personally appeared Robert L. Raney, who acknowledged himself to be the Senior Vice President of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Matine 1nsurance Company, and that he, as such, being authorized so to do, executed the forego'ing instniment forthe purposes there'in conta'ined by saigriing on behalf of Yhe corporattons by himself as a duly authortzed officer. In Witness Whereof, I hereunto set my hand and offic'ial seal. My Commission expires the 30th day of June, 2021 This Power of Attomey is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Travelers Casuaity and Surety Company o(America, Traveters Casuatty and Surety Company, and St. Paul Fire and Marine Insurance Company, which resolutions are now in full force and e'ffect, reading as follows: RE80LVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attomeys-in-Fact and Agents to ad for and on behalf ofthe Company and may give such appointee such authority as his or her certificate of authority may prescrtbe to sign with the Company's name and seal with the Company's seai bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her; and it is FURTHER RE80LVED, that the Chairman, the President, any Vice Chairman, any Execukive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one ormore officers oremployees ofth'is Company, promded that each 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, recognizanoe, contract oT indemn'ity, or writing ob1'igatory ain the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, anyVice Chairman, any Executive Vi> President, any Senior Vice President or any Vice President, any Second Vice Presaident, the Treasurer, any Assistant Treasurer, the Corporate Secretary or 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 Attomeys-in-Fact and Agents pursuant to the pomr prescribed 'in h'is or her certificate or the'ir certificates of authonty or by one or more Company officers pursuant to a witten delegation of authority; and it is FURTHER RESOLVED, that the signature of each of the fol(owing officers: President, any Executive Via= President, any Senior Vice President, any Vice President, any Assistant Vice President, any Secretary, any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any Power of Attomey or to any certificate relating thereto appointing Resident Vice Presidents, ResidentAssistant Secretartes orAttomeys-in-Fact for purposes only of execuUng and attesting bonds and undertakings and otherwritings obiigatory in the nature thereof, and any such Power ofAttomey or certificate bearing such facsimile signature or facsimile seal shaJl be valid and binding upon the Company and any such power so executed and certified by such faoimile signature and facsimile seal shall be valid and binding on the Company in the future with respea to any bond or understanding to which it is attached. t, Kevin E. Hughes, the undersigned, Assistant Secretary of Travelers Casuaity and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine )nsurance Company, do hereby certify that the above and foregoing 'is a tnie and corred copy of the Power of Attomey executed by said Companies, which remains in full force and effect. Dated this 6th day of January 2021 4!Ii"'-t.hu"'es<may To varffyHzeaimsenud$ofhbkimrofAhmezphbisemllusat1400-421-3880. NeammferhehaabevcnamadAthima>-us raaandllsidabiJsafghabondhowhidhhepowerisagbidied.