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HomeMy WebLinkAboutA010 - Subdivision Bond dated March 16, 1984 Bond No. 54-25429 SUBDIVISION BOND KNOW ALL MEN BY THESE PRESENTS, That we, Stone Brooke Partnership, of Ames, Iowa (hereinafter called Principal), and the UNITED FIRE & CASUALTY COMPANY, an Iowa Corportion of Cedar Rapids, Iowa (hereinafter called-'Surety) , . are held and firmly bound unto the City of Ames, Iowa, a municipal corportion, as Obligee in the penal sum of Nine Thousand, Five Hundred and no/100--- ($9,500.00) Dollars lawful money of the United States of America, for the payment of which whereof, well and truly to be made, the said Principal binds themselves, their heirs, executors and administrators, successors and assigns, and the Surety binds itself, its successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the above bounded, Stone Brooke Partnership have asked for the approval of a certain subdivision known as Stone Brooke Subdivision-First Addition. NOW, THEREFORE, if the above bounded, Stone Brooke Partnership shall construct sidewalks in Stone Brooke Subdivision-First Addition, Ames, Iowa, and pay a reasonable inspection fee therefor, all as a part of the platting ordinance of the City of Ames, Iowa, all of which to be completed within two (2) years from the date of acceptance of the final plat by the City Council, then this obligation to be null and void; otherwise to be and remain in full force and effect. It is understood and agreed, however, that the liability of the Surety hereunder shall not exceed (1) the penal sum hereof, or (2) the actual cost unto the City of Ames, Iowa, for the completing such specified improvements, should such costs be less than the penal sum hereof. Dated at Ames, Iowa, this 16th day of March, 1984. Stone Brooke P tnership BY­ (Principal) UNITED FIRE & CASUALTY COMPANY ter, BY Attorney-in-Fact- UI�W D FIRE &CASUALTY COMPANY HOME OFFICE—CEDAR RAPIDS, IOWA CERTIFIED COPY OF POWER OF ATTORNEY Un (Original on file at Home Office of Company —See Certification) KNOW ALL MEN BY THESE PRESENTS,That the UNITED FIRE&CASUALTY COMPANY,a corporation duly organized and existing under the laws of the State of Iowa,and having its principal office in Cedar Rapids,State of Iowa,does make,con- stitute and appoint Richard J. Ehlinger, or Maynard L. Hansen, or Scott McIntyre, Jr. , or R. G. Heckroth, or J. F. Coleman,, or J. A. Chapin, or Lois M. Gerner, or L. B. Holden, All Individually of Cedar Rapids, Iowa - its true and lawful Attorneys)-in-Fact with power and authority hereby conferred to sign,seal and execute in its behalf all law- ful bonds,undertakings and other obligatory instruments of similar nature as follows: --Any and all bonds-- and to bind UNITED FIRE&CASUALTY COMPANY thereby as fully and to the same extent as if such instruments were signed by the duly authorized officers of UNITED FIRE &CASUALTY COMPANY and all the acts of said Attorney,pursuant to the authority hereby given are hereby ratified and confirmed. The Authority hereby granted shall expire September 1, 19 84 unless sooner revoked. This power of Attorney is made and executed pursuant to and by authority of the following By-Law duly adopted by the Board of Directors of the Company on April 18, 1973. "Article V —Surety Bonds and Undertakings. Section 2. Appointment of Attorney-in-Fact."The President or any Vice President,or any other officer of the Company, MAY,from time to time,appoint by written certificates attorneys-in-fact to act in behalf of the Company in the execution of policies of insurance,bonds,undertakings and other obligatory instruments of like nature.The signature of any officer autho- rized hereby,and the Corporate seal,may be affixed by facsimile to any power of attorney or special power of attorneyor cer. tification of either authorized'hereby;such signature and seal, when so used,being adopted by the Company as the original signature of such officer and the original seal of the Company,to be valid and binding upon the Company with the same force and effect as though manually affixed.Such attorneys-in-fact,subject to the limitations set forth in their respective certificates of authority shall have full power to bind the Company by their signature and execution of any such instruments and to attach the seal of the Company thereto.The President or any Vice President,the Board of Directors or any other officer of the Com- pany may at any time revoke all power and authority previously given to any attorney-in-fact. IN WITNESS WHEREOF, the UNITED FIRE & CASUALTY COMPANY has caused these presents to be signed by its vice president and its corporate seal to be hereto affixed this 1 s t _W CORPORATE`; day of September ,A.D. 1982 UNITED FIRE &CASUALTY COMPANY �\ SEAL i ? i�0�'9 R'NDWS'\0�` By State of Iowa,County of Linn,ss: Vice President On this lst day of September 1982 ,before me personally came Roy L. Ewen to me known, who being by me duly sworn,did depose and say: that he resides in Cedar Rapids,State of Iowa;that he is a Vice President of the UNITED FIRE & CASUALTY COMPANY, the corporation described in and which executed the above instru- ment; that he knows the seal of said corporation;that the seal affixed to the said instrument is such corporate seal;that it was so affixed pursuant to authority given by the Board of Directors of said corporation and that he signed his name thereto pursuant to like at;,thuEland acknowledges same to be the act and deed of said corporation. Rft•, ` Notary Public My commission expires September 30, 19 8 3 °•,�R�AIs CERTIFICATION I, the undersigned officer of the UNITED FIRE & CASUALTY COMPANY,do hereby certify that I have compared the fore- going copy of the Power of Attorney and affidavit,and the copy of the Section of the By-Laws of said Company as set forth in said Power of Attorney, with the ORIGINALS ON FILE IN THE HOME OFFICE OF SAID COMPANY,and that the same are correct transcripts thereof, and of the whole of the said originals,and that the said Power of Attorney has not been revoked and is now in full force and effect. fro � `!f b.'y—` Tl•'. In testimony whereof I have hereunto subscribed my name and affixed the corporate seal of the said _o7`CORPORATE`,st Company this day of P Y 16th Y March SEAL ,:�; (y`1LiL2,�./ .��• //)� UND 3163b Rev. 5-82 �yJ` Secretary