Loading...
New Cingular Wireless PCS, LLC Faithful Performance Bond SU1169140Community Development Department FAITHFUL PERFORMANCE BOND FOR LANDSCAPE IMPROVEMENT AGREEMENT CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR LANDSCAPE 1-Year Maintenance $ 7,200.00 TracUParcel Map Other Project No.cuP2019-016 Total $14,808.00 Bond No. SU1169140 Surety ARCH INSURANCE COMPANY Principal NEW CINGULAR WIRELESS PcS, LLc Address Three Parkway, Suite 1500 Address 1025 Lenox Park Blvd. 3rd Floor City/State Philadelphia, PA City/State Atlanta, GA zip se(s 19102 Zip 3031 I Phone 215-606-1650 WHEREAS, the City of Menifee, State of California, and,NEW CINGULAR WIRELESS PCS LLC (hereinafter designated as "principal") have entered into, or are about to enter into, the attached agreement(s) whereby principal agrees to install and complete the above designated landscape project, related to (CUP2019-016), which agreement(s) is/are hereby referred to and made a part hereof; and, WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for the faithful performance of said agreement(s); NOW, THEREFORE, we the principal and ARCH INSURANCE COMPANY as surety, are held and firmly bound unto the City of Menifee in the penal sum of Fourteen Thousand Eioht Hundred and Eiqht and No/100 Dollars ($14.808.00) laMul money of the United States, for the payment of which sum will and truly be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bonded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Menifee, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise, it shall remain in fullforce and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefore, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. FAITHFUL PERFORMANCE BOND FOR LANDSCAPE IMPROVEMENT AGREEMENT The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of this agreement or to the work to be performed there under or the specifications accompanying the same shall in anywise affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition. Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and commencement of construction are not conditions precedent to surety's obligations hereunder and are hereby waived by surety. lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on November 6 2020 NEW CINGULAR WIRELESS PCS, LLC NAME OF PRINCIPAL: by AT&T MOBILITY CoRPoRATloN, its MANAGER ORAre: AUTHORTZED STGNATURE(S): By: >.< ISEAI, ,J Name: Sherri Bazan Title: Assistant Treasurer (tF coRPoRATtON, AFFTX SEAL) NAME OF SURETY: ARCH INSURANCE COMPANY AUTHORIZED SIGNATURE: izabeth p. Cervini, Attorney-in-Fact (tF coRPoRATtON, AFFTX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN.FACT. llxrutAlt rfltrn lbmtrl dryr^,* ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certifieate is attached, and not the truthfulness, accuracy, or vali of that document SOpxXX&X)ftXXX State of Texas BXXX!9O(County of Dallas On November 6 2020 before me.Gina Maiale, Notarv Public (insert name and title Xi0tDOtrcet) personally appeared Sherri Bazan who proved to me on the basis of satisfactory evidence to subscribed to the within instrument and acknowledged to r be the personfi)whose namefi) is&fg( me that lQ{/she/lbey executed the same in Xhlher/Dbex authorized capacity(Fx), and that by Xr/herlffiX signature(t) on the instrument the person(1), or the entity upon behalf of which the personfi) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct WITNESS my hand and official seal Signature (Seal) GINA MAIALE Nolary Pubtic. State of Toxlr Comm. Expires 05- l 0-2022 Nota to 12826702-5 Print Form ) ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certiicate is attached, and not the truthfulness, accuracy, or of that document. S0dxrilFA{frilt0|a Commonwealth of Pennsylvania OoooryU County of Chester ) On November 6,2020 before me,Elizabeth B Penril Notarv Public (insert name and title Xr0hEffiOfi) perscnally appeared Flizaheth P Cervini who proved to me on the basis of satisfactory evidence to be the person(r)whose nane(x) is/aoe subscribed to the within instrument and acknorledged to me that htUshe/thE! executed the same in hle/her/ltnir authorized capacity()es), and that by Xls/her/Utxk signature(x) on the instrument the person(r), or the entity upon behalf of which the person(x) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and officialseal Cornrnrudth Eltrlbcth B. of Fcnnstnvd. - N,ot.ry S6alFcqtrtoo, l5tlry tubtkChrtcr Corrty Ary Cfiirnhrbr E,gtirr lrty lJ, TOZi Comnrt$too |ltlntbcr, ngt63 Signature (Seal) su 1169140 This Power of Atlorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated. Not valid for Note, Loan, Letter of Credit, Currency Rate, lnterest Rate or Residential Value Guarantees. POWER OF ATTORNEY Know All Persons By These Presents: That the Arch lnsurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey (hereinafter referred to as the "Company") does hereby appoint: David A. Johnson, David C. Rosenberg, Denise M. Bruno, Elizabeth P. Cervini, Harry C. Rosenberg, Jonathan F. Black, Joyce M Houghton, Julia R. Burnet, Matthew J. Rosenberg and Stephanie S. Helmig of Wayne, PA (EACH) its true and laMul Attorney(s)in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as surety, and as its act and deed: Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding Ninety Million Dollars (90.000.000.00). This authority does not permit the same obligation to be split into two or more bonds ln order to bring each such bond within the dollar limit of authority as set forth herein. The execution of such bonds, undertakings, recognizances and other surety obligations in pursuance of these presents shall be as binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey. This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company on September 15,2011, true and accurate copies of which are hereinafter setforth and are hereby certified to by the undersigned Secretary as being in full force and effect: "VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set forth in their respective powers of attorney, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on September 15,2011 VOTED, That the signature of the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on September 15, 2011, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. 00M10013 00 03 03 Page 1 of 2 Printed in U.S.A. su 1169140 ln Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized officers, this 13th day of Februarv, 2019 Attested and Certified Arch lnsurance Company Patrick K. Nails, Secretary David M. Finkelstein, Executive Vice President STATE OF PENNSYLVANIA SS COUNTY OF PHILADELPHIA SS l, Michele Tripodi, a Notary Public, do hereby certify that Patrick K. Nails and David M. Finkelstein personally known to me to be the same persons whose names are respectively as Secretary and Executive Vice President of the Arch lnsurance Company, a Corporation organized and existing underthe laws of the State of Missouri, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary acts for the uses and purposes therein set forth. G kfu.r* .l; Michele , Notary Public CERTIFICATION My commission expires 0713112021 l, Patrick K. Nails , Secretary of the Arch lnsurance Company, do hereby certify that the attached Power of Attorney dated Februarv 13, 2019 on behalf of the person(s) as listed above is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do further certify that the said David M. Finkelstein, who executed the Power of Attorney as Executive Vice President, was on the date of execution of the attached Power of Attorney the duly elected Executive Vice President of the Arch lnsurance Company. lN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the Arch lnsurance Company onthis 6th ds, o1 November 2020 Patrick K. Nails, Secretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have no authority to bind the Company except in the manner and to the extent herein stated. PLEASE SEND ALL CLAIM INQUIRIES R.ELATING TO THIS BOND TO THE FOLLOWING ADDRESS: Arch lnsurance - Surety Division 3 Parkway, Suite 1500 Philadelphia, PA 19102 (Ilt,rJr l( ttAlrtn lbroud Cltttytl. ilEl h/b{E }l,d loTrtl^r ttrtflolgu (Ifln)*rrt StArrtn Itsroud 00M10013 00 03 03 Page 2 of 2 Printed in U.S.A. Assets Cash in Banks Bonds owned Stocks Premiums in course of collection Accrued interest and other assets Total Assets Liabilities Reserve for losses and adjustment expenses Reserve for unearned premiums Ceded reinsurance premiums payable Amounts withheld or retained by company for account of others Reserve for taxes, expenses and other liabilities Total Liabilities Surplus as regards policyholders Total Surplus and Liabilities ARCH INSURANCE COMPANY STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2019 Attest: $ $ $ $ $ 66,834,581 2,773,669,218 632,027,703 481 ,916,1 66 567 156 420 s 4,521,604,088 $ 1,890,227,649 $ 812,210,429 $ 296,890,508 $ 158,378,578 $ 408,441,322 3,566,148,486 955 455 602 $ 4,521,604,088 By Se-nfor Vice President, Chie -----..-- Financial Officer and Treasurer Senior Vice Presi General Counsel and Secretary State of New Jersey ) ) County of Hudson ) NoJary Public ';'' i ,r - SS Thomas James Ahern, Senior Vice President, Chief Financial Officer and Treasurer and Patrick Kenneth Nails, Senior Vice President, General Counsel and Secretary being duly sworn, of ARCH INSURANCE COMPANY, Missouri; and that the foregoing is a true and correct statement of financial condition of said company, as of December 31 , 2019. ,.,,',.'T'| Subscribed and sworn to before me, this {'i day of February,2020 N l st28,2021 't / -<- {,ya L,r4 J