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Home My WebLink AboutA015 - Letter dated September 26, 2001 releasing Subdivision Bond - $153,823 with copy of bond Citv Clerk's Office 515 Clark Avenue,P.O.Box 811 Ames,IA 50010 Caring People Phone: 515-239-5105 Qualitv Programs Fxnpiioual mmvic. Fax: 515-239-5142 September 26, 2001 Craig Hastings 409 Duff Avenue Ames, Iowa 50010 Dear Mr. Hastings: At their meeting of September 25, 2001, the Ames City Council accepted completion of the utilities and paving required for Windsor Oaks Subdivision. Subsequently, the Subdivision Bond in the amount of$153,823 is being released and is enclosed herewith. If you have questions, please contact me. Sincerely, Diane Voss City.Clerk_ /dry Enclosures i SUBDIVISION BOND Bond No. 796873 KNOW ALL MEN BY THESE PRESENTS,that we Essex Corporation 11606 Nicholas Street, Suite 100, Omaha, NE 68154 C �_ as Principal, and Universal Surety Company I _ I authorized to do business in the State of IA , as Surety,are held Ames, 515 Clark Avenue, Ames, IA 50010 as Obligee, in the penal sum of One Hundred Fifty Three Thousand Eight Hundred Twenty Three and 00/100 - -- - ---------- -------------------------------------------- ($ 153,823.00 ) DOLLARS, lawful money of the United States of America, for the payment of which well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns,jointly and severally, firmly by these presents. WHEREAS, Essex Corporation has agreed to constrict in Windsor Oaks Subdivision Public Improvements the following improvements: Sidewalk-Adams St., Water Main-Adams St., Water Main-Site, Sanitary Sewer, Storm Sewer-Adams St., Storm Sewer-West Easment NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the said Principal shall construct, or have constructed, the improvements herein described and shall save the Obligee harmless from any loss, cost or damage by reason of its failure to complete said work, then this obligation shall be null and void; otherwise to remain in full force and effect. Signed, sealed and dated this 27 day of April 1999 Essex Corporation 11606 Nicholas Street, Suite 100, Omaha, NE 68154 Principal By: Universal Surety Company Iowa Resident Agent . Carlene A. Pitt B : Q.v� _ Stephanie att Attorney in Fact S-3689/GEEF 2/98 r UNIVERSAL SURETY COWANY LINCOZN, NFBRAssA POWER OF ATTORNEY 9929 �11 WPM Fromm: That the Urnv ="SUnar, Corerem:,a corporation of the State of Nebraska having its principal office in the City of Lhtcoln,Nebraska,pursuant to the following Bylaw,which was adopted by the Board of Directors of the said Company on July 23, 1981.to wit: with any Secretary or Assistant "Article V-Sec don B.RESIDENT OFFICERS AND ATTORNEYS-IN-FACT.The President or any Vice President,acting Secretary,shad have the authority to appoint Resident Vice Presidents aid Attorneys-In-Fact,with the power and authority to sign,execute,acknowledge and deliver on its behalf,as Surety:Any and all undertakings of suretyship and to affix thereto the corporate seal of the corporation.The President or any Vice president,acting with any Secretary or Assistant Secretary,shall also have the authority to remove and revoke the authority of any such appointee at any time." does hereby make,constitute and appoint Douglas G. Durbin or Harry D. Koch or David G. Jesse or Peggy Sapienza or- Stephanie Watts or Patricia A.- Jensen or Kendra Sorensen, Omaha, Nebraska Its true and lawful Attonsey(s)-In-Fact,to make.execute,seal and deliver for and on its behalf,as Surety: Any and all undertakings of suretyship And the execution of such bonds or undertaking in pursuance of these presents,sW be as binding the Company Coat mpany, as fully Lincoln,Nebraska, intents and purposes,as if they had been duly executed and acknowledged by regularly elected officers In their own persons. The following Resolution was adopted at the Regular Meeting of the Board of Directors of the UNrvzWAL SURM COMPANx,held on July 23,1981: -RESOLVED,That the signatures of officers of the Company and the seal of the Company may be affixed by facsimile to any Power of Attorney ex- ecuted in accordance with Article V-Section B of the Company Bylaws:and that any such Power of Attorney bearing such facsimile signatures,including the facsimile signature of a certifying Assistant Secretary and facsimile seal shall be valid and binding upon the Company with respect to any bond,undertaking or contract of suretyship to which it is attached." All authority hereby conferred shall remain in full force and effect until terminated by the Company. resents to be signed by its Vice President and its corporate seal to be IN WITNESS WHEREOF.UNlvnssAL SUREry CotaANs has caused these p hereunto affixed in 13th day of November 1998 UNIVERSAL SURETY COMPANY V COaiOaAiLti �✓Y� fir. i .,.; l sLAL e By Vice President State of Nebraska ss. County of Lancaster On this 13th day of November 192�_,before me personally came Robert L. privett to me known,who being by me duly sworn.did depose and say that(s)he resides in the County of seward,State of Nebraska;that(s)he is the Vice President of the Urnvsas:u.Sum=CompArnr,the corporation described in and which executed the above instrument;that(s)hi knows the seal of the said corpom- tlon;that the seal affixed to the said instrument is such corporate seal;that it was so affixed by order of the Board of Directors of said corporation;that (31he sighed(his)(her)name by like order,and that Bylaw,Article V-Section 8,adopted by the Board of Directors of said Company,referred to in the preceding hotrument,Is now in force. �BigEiAL 10tARr•Rar r sal�tr O, oenAtoo.siew My Commission Expires B-22-01 Notary Public Jeanne Beno Assistant Secretary of UNmmsAL SAIR rx Costr tuw ch is erebY inrce and a certify that the abo e full and foregoing is true and correct copy of a Power at Attorne executed by said U �'Su CO `u'c• 19 Signed and sealed at the City of Lincoln,Nebraska this day of • cowt�An}� LLAL//��i� j �tantecretary- NEBRASKA STATUTORY RIDER The State of Nebraska Code, Section 44-4040 requires the name of the soliciting agent and the name and address of the agency to be shown on each bond issued by. a Nebraska Agent' or for. any bond issued to a Principal or Insured residing in Nebraska. This rider is to comply with the statutory requirements of the State of Nebraska. Name of Soliciting Agent: Harry D. Koch Name of Insurance Agency represented by the Soliciting Agent: Harry A Koch Co Address of Agency: 11949 110" Street, Omaha, NE 68145-0279 A copy 'of this rider should be attached to the original and all copies of any bond issued.