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Home My WebLink AboutA020 - Rider to Subdivision Bond dated July 25, 2000 <G -�� C1 D �vcss RIDER To be attached to and forming part of Subdivision Bond, Bond No. IAC 29159, executed June 16, 2000, by Merchants Bonding Company (Mutual), as Surety, in favor of City of Ames, Iowa, as Obligee, on behalf of Ames Land Company, L.L.C., as Principal, in the penal sum of Thirty-Six Thousand and NO/100 Dollars ($36,000.00), for Bloomington Heights Plat 9, City of Ames, Story County, Iowa, for Streets and Street Lighting. It is agreed that the bond is amended as follows per City of Ames, Iowa Resolution No. 00-361, dated July 25, 2000: The penal sum of the bond is reduced to Twenty-Five Thousand and NO/100 Dollars ($25,000.00). The improvements to be installed are amended to: Street Lighting and Asphalt Street All other terms and conditions of this bond remain unchanged. Signed, sealed and dated July 25, 2000. Merchants Bonding Company (Mutual) F By: Dianne S. Riley, ^ torney •fact Merchants Bonding Company (MUTUAL) POWER OF ATTORNEY Know All Persons By These Presents,that the MERCHANTS BONDING COMPANY(MUTUAL),a corporation duty organized under the laws of the State of Iowa,and having its principal office in the City of Des Moines,County of Polk,State of Iowa,hath made,constituted and appointed,and does by these presents make,constitute and appoint Craig E. Hansen, Robert F. Peck, Jay D. Freiermuth, Dianne S. Riley, Janet Alessio or Martha Lathrum. of Des Moines and State of Iowa its true and lawful Attorney-in-Fact,with full power and authority hereby conferred in its name,place and stead,to sign,execute,acknowledge and deliver in its behalf as surety any and all bonds,undertakings,recognizances or other written obligations in the nature thereof,subject to the limitation that any such instrument shall not exceed the amount of: FIVE MILLION ($5,000,000.00) DOLLARS and to bind the MERCHANTS BONDING COMPANY(MUTUAL)thereby as fully and to the same extent as if such bond or undertaking was signed by the duly authorized officers of the MERCHANTS BONDING COMPANY(MUTUAL),and all such acts of said Attorney-in-Fact, pursuant to the authority herein given,are hereby ratified and confirmed. This Power-of-Attorney is made and executed pursuant to and by authority of the following Amended Substituted and Restated By-Laws adopted by the Board of Directors of the MERCHANTS BONDING COMPANY(MUTUAL)on October 3, 1992. ARTICLE II,SECTION 8.—The Chairman of the Board or President or any Vice President or Secretary shall have power and author- ity to appoint Attorneys-in-Fact,and to authorize them to execute on behalf of the Company,and attach the Seal of the Company thereto,bonds and undertakings,recognizances,contracts of indemnity and other writings obligatory in the nature thereof. ARTICLE II,SECTION 9.—The signature of any authorized officer and the Seal of the Company may be affixed by facsimile to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond,undertaking,recognizance,or other suretyship obligations of the Company,and such signature and seal when so used shall have the same force and effect as though manually fixed. In Witness Whereof,MERCHANTS BONDING COMPANY(MUTUAL)has caused these presents to be signed by its President and its corporate seal to be hereto affixed,this 22nd day of November , 1999 . •""'• MERCHANTS BONDING COMPANY(MUTUAL) Cp�A. 00�O�P0q .y:Z. �• , •►- _ -o- y 1933 �'r3; By /,OCV7 '• dW' \'� Pr.idenr STATE OF IOWA '•.••�'••,•' COUNTY OF POLK ss. On this 22nd day of November 1999 before me appeared Larry Taylor,to me personally known,who being by me duly sworn did say that he is President of the MERCHANTS BONDING COMPANY(MUTUAL),the corporation described in the foregoing instrument, and that the Seal affixed to the said instrument is the Corporate Seal of the said Corporation and that the said instrument was signed and sealed in behalf of said Corporation by authority of its Board of Directors. In Testimony Whereof,I have hereunto set my hand and affixed my Official Seal at the City of Des Moines,Iowa,the day and year first above written. K Z • Notary Public,Polk Counly,Iowa • IOWA ' O�''•.....••��t.P •: STATE OF IOWA '• 4 A I AL •• COUNTY OF POLK ss. •'•.,,,,..•'• I,William Warner,Jr.,Secretary of the MERCHANTS BONDING COMPANY(MUTUAL),do hereby certify that the above and foregoing is a true and correct copy of the POWER-OF-ATTORNEY,executed by said MERCHANTS BONDING COMPANY(MUTUAL),which is still in force and effect. In Witness Whereof,I hav@ hereunto set my hand an fj d the Seal of the Company on this 25th day of JU ly oO��R P 0 9 .'°9'. ry -O- Msc 0814(Zee) 'de:• 1933 :C y F�A& HOLMES MURPHY THE INSURANCE LEADER August 23, 2000 i -- AU6 2 5 20M CItY CLERK CITY OF AMES,IOWA Pay Anderson City of Ames, Iowa Engineering Department P.O. Box 811 Ames, IA 50010 Re: Ames Land Company, L.L.C. Bond No. IAC 29159 Bloomington Heights Plat 9 Dear Rqy: I am enclosing Rider to the captioned bond which reduces the bond amount to $25,000 and changes the description of the work to be done. Please attach this Rider to the original bond. Thank you. Sincerely, Dianne Rilev /dr Enc. 5L JZz cc: Ames Land Company, L.L.C. Ce�v Holmes Murphy 3001 Westown Parkway ❑ West Des Moines, Iowa 50266-1321 P.O.Box 9207 11 Des Moines,IA 50306-9207 ❑ (515)223-6800 ❑ 1-800-532-1540 ❑ FAX(515)223-6944