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HomeMy WebLinkAboutA022 - Letter dated April 17, 1992 releasing bond with copy of Bond No. 40S100457412-57BCA 1I SI O AMEF IoA 50010 CITY S , Y10 AMES CITY HALL 515 Clark Ave. Ames, IA 50010 (515-239-5105) City Clerk's Office April 17, 1992 John Knapp QuikTrip Corporation 3030 Merle Hay Road Des Moines, Iowa 50314 Dear Mr. Knapp: At a recent meeting, the Ames City Council accepted completion of the public improvements in QuikTrip Sudivision. Enclosed is the bond filed by QuikTrip to cover these improvements. I'm returning it to you since the project is complete. If you have any questions concerning this matter, please call me. Thank you. Respectfully, Nancy Dion City Clerk Enclosure AMIES — THE CENTER OF IT ALL 12c—F , ICE Ai' ) THE XTNA `CAA U:A:'_Tli .A.', SURETY COMPANY FAf ft.ENT I-, N0 Hartfotci. Connecticut 06115 OF F tk CASUALTY Bond No. 40S100457412-57BCA KNOW ALL MEN BY THESE PRESENTS. HAT, QuikTr^ip Corporation (hereinafter called the Principal),as Principal, and THE )E;N A C;..SUALTY AND SURETY COMPAP�Y, a corporation organized and existing under the laws of the State of Connecticut with its principal office in the City of Hartford,Connecticut (hereinafter called the Suretyi,as Surety,are.held and firmly hound,into City of Ames, Iowa (hereinafter:sited the Owner),,and to all persons who furnish.iabor or material directly W the Prirrripei for L�e in Lite prosecu- tion of the pork hereinafter named,in the just and full sum of One Hundred-Three Thousand, Nine Hundred and No/100---------------------------------------------------($ 103,900.00------- ) J-oliars, io the payment of which sum,well and truly to be made,the said Principal and Surety bind themselves,and their respective hei:=,administrators,executors,successors and assigns,jointly and severally,firmly by these :resents. WHEREAS, the Principal has entered into a certain written contract with the Owner, dated the 22nd day of March ' 19 91 ,to Make Site Development Improvements which contract is hereby referred to and made:?part hereof as fully and to the same extent as if ccpied at lergth herein, NOW,THEREFORE,THE CONDITION OF THIS OBLIGATION IS SUCH,that if the said Principal shall Bully indemnify the Owner from and against any failwe an his/her part faithfuily to perform the obliga;ions impcsed upon him;her►rider the terms of said contract free and clear of all liens arising ou t of clairns for labor and material'entering into the work. ano if the said Principal shall pay all persons who shall have furnished labor or material directly to the Principai 701 I'se:n the prosecution of theaforesaid work, each of which said per.-,)ns ihall have a direct right of action on this ir_•trijm�nt in his/her own name and for his/her own benefit, subject,however, to the Owner's priority, then this oialig,tion to be void. otherwise to remain in full force and effect. PROVIDED, HOWEVER, chat no action, suit or proceeding shall t7 had or maintained agsins+.the Bret; or, ii is ir�ar� err the �a e_brou '�n. t- rare served upon the uclrehi.Within-two y.eare f er ro np!eiirin of '_r w� rk r ne h -,4. airs . toted and Yrc :: - mentioned in said contract, whether such wrwk be completed by tf.e Principal,.Surety or Ovre+ar; Lur U -:i,�:r ly +y n^g17.- enaricv-period provided in the contract for which said Surety is!iable,an action for maintenance mKi be ff-ught. witI'in i,yo years from the expiration of the maintenance period, but not afterwards. IN WITNESS WHEREOF: the s i1d Principal and Surety have signed and sealed this instrument this 22nd day of March a y OU7 ('`nL` (SEAL) k� ;NA CASUAL. Y AND SURETY C01<7°f,N ~Sue G. Scott ._ .;..1....—•-. sits it ` a THE.ETNA CASUALTY AND SURETY COMPANY • Hartford,Connecticut 06115 LIFE&CASUALTY POWER OF ATTORNEY AND CERTIFICATE OF AUTHORITY OF ATTORNEY(SHN-FACT KNOW ALL MEN BYTHESE PRESENTS.THATTHEETNACASUALTYANDSURETYCOMPANY,acorporationdulyorganizedunderthelawsofthe State of Connecticut,and having its principal office in the City of Hartford,County of Hartford,State of Connecticut,hath made,constituted and appointed,and does by these presents make,consti(ute and appoint Burt B. Holmes, Kent Bogart, Jeffrey !•i. Holmes or Sue G. Scott — — of Tulsa, Oklahoma Jts true and lawful Attornay(s)-in-Fact,with full power and authority hereby conferred to sign,execute and acknowledge,at any place within the United States,or,if the following line be filled in,within the area there designated the following instrument(31: by his/her sale signature and act,any and all bonds,recognizances,contracts of Indemnity,and other writings obligatory in the nature of a bond, recognizance,or conditional undertaking,and any and all consents incident thereto not exceeding the sum of ONE. MILLION ($1,000,000.00) DOLLARS — — and to bind THE(ETNA CASUALTY AND SURETY COMPANY,thereby as fully and to the same extent as if the same were signed by the duly authorized officers of THE ATNA CASUALTY AND SURETY COMPANY,and all the acts of said Attorneys►-in-Fact,pursuant to the authority herein given,are hereby ratified and confirmed. This appointment is made under and by authority of the following Standing Resolutions of said Company which Resolutions are now in full force and effect: VOTED:That each of the following officers:Chairman,Vice Chairmen,President,Any Executive Vice President,Any Senior Vice President,Any Vice President,Any Assistant Vice President.Any Secretary,Any Assistant Secretary,may from time to time appoint Resident Vice Presidents,Resident Assistant Secretaries,Attomeys4n-Fact,and Agents to act for and on behalf of the Company and may give any such appointees uch au thority as his certificate of authority may prescribe to sign with the Company s name and seal with the Company's seal bonds,recognizances,contracts of indemnity,and otherwritings obligatory in the nature of a bond,recognizance,or conditional undertaking,and any of said officers or the Board of Directors may at any time remove any such appointee and revoke the power and authority given him. VOTED:That any bond,recognizance,contract of indemnity,orwriting obligatory in the nature of a bond,recognizance,or conditional undertaking shall be valid and binding upon the Company when(a)signed by the Chairmen,the Vice Chairman,the President,an Executive Vice President,a Senior Vice President,a Vice President,an Assistant Vice President or by a Resident Vice President,pursuant to the power prescribed in the certiftcateof authority of such Resident Vice President,and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary or by a ResidentAssistant Secretary,pursuant to the power prescribed In the certificate of authority of such Resident Assistant Secretary;or(b)duly executed(under seal,if required)by one or more Att rneysdn-Fact pursuant to the power prescribed to his or their certificate or certificates of authority. This Power of Attorney and Certificate of Authority Is signed and sealed by facsimile under and by authority of the following Standing Resolution voted by the Board of Directors of THE kMA CASUALTY AND SURETY COMPANY which Resolution is now in full force and effect: VOTED: That the signature of each of the following officers:Chairman,Vice Chairman,President,Any Executive Vice President,Any Senior Vice President,Any Vice President,Any Assistant Vice President,Any Secretary,AnyAssistant Secretary,and the seal of the Company maybe affixed by facsimile to any power of attorney or to any certificate relating thereto appointing Resident Vica Presidents,Resident Assistant Secretaries or Attomeys-in-Fact for purposes only of executing and attesting bonds and undertakingsand otherwritings obligatory in the nature thereof,and any such powerof attorney or certificate bearing such facsimile signature or facsimile seal shall be validand binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or undertaking to which it is attached. IN WITNESS WHEREOF,THE ETNA CASUALTY AND SURETY COMPANY has caused this instrument to be signed by its Assistant Vice President and its corporate seal to be hereto affixed this 20th day of May ,1988 '"w.rro 4;9g THE ,�NA U Ty N SURETY COMPANY B �EticLGiL�— State of Connecticut y ss.Hartford J eph Kiernan County of Hartford Assistant Vice President*. On this 20th day of May 1988 before me personally came JOSEPH P. KIERNAN to me known,who,being by me duly sworn,did depose and say:that he/she is Assistant e President ' THE kTNA CASUALTYAND SURETY COMPANY,the corporation described in and which executed a above instrument;that he/she knows the seal of said corporation;thatthe seal affixed to the said instrument is such corporate seal;and that he/she executed the said instrument on behalf of the corporation by authority of his/her office under.the Standing Resolutions thereof. r commiss4n expires March 31.19 91 T o[ary Public CERTIFICATE George A. Perry, Jr. 1,the undersigned, Secretary of,THE ETNA CASUALTY AND SURETY COMPANY,a stock corporation of the State of Connecticut,DO HEREBY CERTIFY that the foregoing and attached Power of Attorney and Certificate of Authority remains in full force and has not been revoked;and furthermore,that the Standing Resolutions of the Board of Directors,as setfonh in the Certificate of Authority,are now in force. SiRAd an Sealed at the Home Offily fI the Company,in the City of Hartford?fCo cut Dated this �j ,9I 22nd day of ; elch-1921-El(M)3-79 „ , Secretary ' PRINTED IN U.SA LIFEeCASVAL7Y I�greed that as of the effective date hereof the policy is amended as indicated by 1. ❑ Name of Insured . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. ❑ Insured's business address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. ❑ Location of the premises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part occupied by Insured . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. [gx CLimit of Insurance under . . D401 .NO., 405100457412-55BCA. . . . . . increased to $ . . .40,.200.00 ❑ Limit of Insurance under . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . increased to $ . . . . . . . . . . . . . . . . . . 5. ❑ Limit of Insurance under . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . decreased to $ . . . . . . . . . . . . . . . . . . ❑ 'Limit of Insurance under . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . decreased-to $ . . . . . . . . . . . . . . . . . . 6. ❑ Additional location and limits of insurance as shown below. 7. ❑ Rate per $100 of Accounts Receivables $ . . . . . . . . . . . . . . . . . 8. ❑ Accounts Receivable Minimum Policy Premium $ . . . . . . . . . . . . . . . . 9. ❑ Answer to item . . . . . . . . . . . . of the declarations amended as shown below. 10. ❑ Mercantile Open Stock, Coinsurance . . . . . . . . % ; $ . . . . . . . . . . . . . limit. J 11. Egx The Principal has entered into a certain written contract with the City of Ames, Iowa, for: Storm-Sewer Construction, Street Construction, Bike Path Construction, Water Line Construction and Traffic Relocation Construction. This endorsement forms a part of the policy to which attached, effective on the inception date of the policy unless otherwise stated herein. (The information below is required only when this endorsement is issued subsequent to preparation of policy.) Endorsement effective February 11 , 1991 Policy No40S100457412-55BCA Endorsement No. 1 Named Insured QuikTrip :Corporation Additional Premium S Return Premium S In Adv. $ 1 st AnniJ. S 2nd Anniv. $ Total Document Premium $ ' C Additional Premium L Return Premium Insert Company name: Aetna Casualty & Surety Company THE HOLMES ORG NISATION, INC. R 0 Rnx �UA7, Tulsa, nK 741R3 Countersigned by SuL&u1GVzS fttese ative) CAT. 66149A ,(B-657-N) 12-84 PRINTED IN U.S.A. state or t:onnecttcut,UU FittttbY UtH I IVY that the foregoing and attached Power of Attorney and Certificate of Authority remains in full force and has not been revoked:and furthermore,that the Standing Resolutions of the Board of Directors,as setforth in the Certificate of Authority,are now in force. i ed and a led at the Home 0 of the Company,in the City of Hartford,State f Co icut.Dated this 1 1 th day of F8trua 19 li y ..Mm B v ohn W. Welch, Secretary .15-1921-E)IMI 3-79 •'••.,,,,..�° PRINTED IN U.S.a