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HomeMy WebLinkAboutCMS0328622 - Performance Bond - Carmel UtilitiesRLI Insurance Company Bored No. CMS0328622 KNOW ALL MEN BY THESE PRESENTS, That we SBA Network Services, LLC Of 8051 Congress Avenue Boca Raton, FL 33487 As Principal, and the RLI Insurance Company, a corporation, as Surety, are held and firmly bound unto Carmel Utilities, 30 West Main St., Suite 220 Carmel, IN 46032 Herein called the Obligee, in the sum of Two Thousand Five Hundred and 00/100 Dollars ($2,500.00), for which payment said Principal and Surety bind themselves by these presents. WHEREAS, the Principal has entered into a written contract with the Obligee Dated July 17, 2018. For the performance of -a raw land build constructing a Fiber Collector Shelter location requiring site grading, underground conduit installation, new access drive, new electrical service, shelter foundation installation and landscaping Located at 30 8th St. NW Carmel, IN 46032 ( Job #184753, Site Name MetroNet — Carmel, Site ID #18-061-0) Which contract and specifications are hereby referred to and made a part hereof. NOW THEREFORE, the condition of this obligation is such that if the said Principal shall faithfully perform said contract and indemnify the said Obligee from any loss, resulting from the breach of any of the terms and conditions thereof and shall promptly pay all persons supplying labor or material in the prosecution of the work provided for in such contract, then this obligation shall be void, otherwise to remain in full force and effect. Dated this 20th day of July' 2018. SBA Network Services, LLC M Principal) RLI Ins 7n e man Co p y� (Surety) By Melissa L. Whittier, Attorney -In -Fact 00 RLI Surety RU 9025 N. Lindbergh Dr. V Peoria, IL 61615 Phone: (800)645-2402 Q Fax: (309)689-2036 N"vw.rlicorp.com Know All Men by These Presents: POWER OF ATTORNEY RLI Insurance Company That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving officer if desired. That RLI Insurance Company, an Illinois corporation, does hereby make, constitute and appoint: Thomas J. Philbin, Sandra L. Wiemann, Melissa L. Whittier, Brett L. Cuckler, Johnathan K. Stefan Robert J HippertAndrew Siess Clem Wandrisco, jointly or severally in the City of Pittsbureh , State of Pennsylvania its true and lawful Agent and Attorney in Fact, with full power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety, the following described bond. Any and all bonds provided the bond penalty does not exceed Twenty Five Million Dollars ($25,000,000.00). The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon this Company as if such bond had been executed and acknowledged by the regularly elected officers of this Company. The RLI Insurance Company further certifies that the following is a true and exact copy of the Resolution adopted by the Board of Directors of RLI Insurance Company, and now in force to -wit: "All bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOF, the RLI Insurance Company has caused these presents to be executed by its Vice President with its corporate seal affixed this 6th day of July , 2017 gc nwo"). ® .t A L r State of Illinois ) ®®® %<L;, 0%?%o } SS County of Peoria ) On this 6th day of July2017 , before me, a Notary Public, personally appeared Barton W. Davis who being by me duly sworn, acknowledged that he signed the above Power of Attorney as the aforesaid officer of the RLI Insurance Company and acknowledged said instrument to be the voluntary act and deed of said corporation. By: , Icy P Q_ V Gretchen L. Johnigk Notary Public V"""""vvv •" r .... . 4 NOTA" "OFFICIAL SEAL' 4 My Commission Expiros Al ♦t1♦1AAA♦AAA�4A.. May 26. 2020 `. 1..•��� ��I�Ai 3330043020212 RLI Insurance Company By: ?5 ' Barton W. Davis Vice President CERTIFICATE I, the undersigned officer of RLI Insurance Company, a stock corporation of the State of Illinois, do hereby certify that the attached Power of Attorney is in full force and effect and is irrevocable; and furthermore, that the Resolution of the Company as set forth in the Power of Attorney, is now in force. In testimony whereof, I have hereup o set my haled, and the seal pZfOt RLI Insurance Company this Loth day of Ju Y RLI Insurance Company By: �F- � W . , Barton W. Davis Vice President A0058514