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HomeMy WebLinkAboutCORRESPONDENCE - BID - 5913 BASKETBALL COURTS (4)Administrative Services Purchasing Division City of Fort Collins June 9, 2005 Walsh Construction, Inc. 5828 North St. Louis Ave. Loveland, CO 80538 RE: 5913 Basketball Court At City Park Thank you for recently submitting a bid to the City of Fort Collins for 5913. Your firm was not the low bidder and in accordance with contract specifications, your bid bond is being returned to you. We appreciate the time spent in preparing your bid response and we hope you continue your interest in City of Fort Collins' projects. If you should have any questions, please contact me. Sincerely, /S 61L-L� J me B. O'Neill II, CPPO, FN►GP Di or of Purchasing and Risk Management Enclosures: Bid Bond JBO:AMM 215 North Mason Street • 2nd Floor • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6775 • FAX (970) 221-6707 FROM (TUE)APR 19 2005 14:13/8T,14,13/N0.6365763240 P 2 SECTION 00410 BID BOND KNOW ALL MFN BY THESE PRESENTS: that we, the undersigned Walsh Construction, Inc es principal, and Westchester Eire Insurance Company as Surety, are hereby held and firmly bound unto the City of Fort Collins, Colorado, as OWNER, in the sum of $ 5% for the payment of which, well and truly to be made, we hereby jointly and severally bind ourselves, successors, and assigns. THE CONDITION of this obligation is such that whereas the principal has submitted to the Ci,ty�of Fort Collins, Colorado the accompanying Bid and hereby made a part hereof to :of into a Construction Agreement for the construction of Fort Collins Projeet,�BASKETBALL COURT AT CITY PARK; BID NO. 5913. NOW THEREFORE, (a) If said Bid shall be rejected, or (b) If said Bid shall be accepted and the principal shall execute and deliver a Contract in 'the form of Contract attached hereto (properly completed in accordance with said Bid) and shall furnish a BOND .for his -faithful performance of said Contract, and for payment of all persons performing labor or furnishing materials in connection therewith, and shall in all other respects perform the Agreement dreated by the acceptance of said Bid, then this obligation shall be void: otherwise the same shall remain in force and effect, it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall, in no event, exceed the penal amount of this obligation as herein stated. The Surety, for value received, hereby stipulates and agrees that the obligations of said Surety and its BOND shall be in no way impaired or affected by any extension of the time within which the OWNER may accept such Bid; and said Surety does hereby waive notice of any such extension. Surety Companies execyting bonds must be authorized to transact business in the State of Colorado and be accepted by the OWNER. 7/96 Section 00410 Page 2 FROM (TUE)APR 19 2005 14:1413T.14:131N0.6365763240 P -3 tN WITNESS WHEREOF, the Principal and the Surety have hereunto set their hands and seals this 20 day of April 20� and such of them as are corporations have caused their corporate seals to be hereto affixed and these presents to be signed by their proper officers, the day and year first set forth above. PRINCIPAL Name: Walsh Construction. Inc. Address; 5828 North St. Louis Avenue Loveland, CO 80538 By: f�CIFTTVIE7� -i Title; ATTEST: 1I96 SVRBT'Y Westchester Fire Insurance Company 14 oadway Y rk, New York,10005 By: Title: Diana P. Alescci, Attorney -In -Fact (SEAL) Section 00910 .Page 3 ACKNOWLEDGMENT OF PRINCIPAL IF A CORPORATION STATE OF C� } COUNTYO �A���1s On this 0 bb ay of �r 11005� before me personally came {,,n h-- rhe-vj T VU 4 &� k to me known, who being by duly sword did depose and say that he/she resides at S &9 8 nJ ' 97-. tow; s Au O.J Ln �1++r`d, CV to453 and that he/she is the QQ es-id�r rr- of UJ �+1 CD the corporation described in and which executed the fbraooing instrument/ that he/she knows th Ixa• said corporation; that one of the seals affixed to said in menu such 1, that it was so affix�brder • << of the directors of said corporation, and that he sign is name theret y like order.�2�• 01 A R Y •. NOTARY PUBLICMY COMMISSION EXPIRES 1111912 '-.? •• �,� ••...... �.�rF fO F nCO)P% ACKNOWLEDGMENT OF PRINCIPAL IF A PARTNERSI4IP STATE OF COUNTY OF }ss.. On this day of I before me personally appeared to me known and known to me to be one of the members of the firm of described in and who executed the foregoing instrument and he acknowledged to me that he executed the same and or the act and deed of said firm. NOTARY PUBLIC ACKNOWLEDGMENT OF PRINCIPAL IF AN INDIVIDUAL STATE OF } COUNTY OF }�" On this day of I before me personally appeared to me known and known to be to be the person described in and who executed the foregoing instrument and acknowledged that he/she executed the same. NOTARY PUBLIC ACKNOWLEDGEMENT OF SURETY STATE OF New York}ss COUNTY OF Nassau } On April 20, 2005 before me personally came Diana P. Alesci to me known who, being by me duly sworn, did depose and say that he/she resides at 255 Executive Drive Plainview, New York 11803, that he/she is the Attorney in Fact of Westchester Fire Insurance Company the corporation described in and which executed the foregoing instrument; and that he/she signed his/her r thereto by order of the Board of Directors of said corporation. n a e NY No Text WESTCHESTER FIRE INSURANCE COMPANY FINANCIAL STATEMENT DECEMBER 31, 2003 ADMITTED ASSETS BONDS $1,211,249.339 SHORT- TERM INVESTMENTS 32,096,506 STOCKS 2,499,900 REAL ESTATE 0 CASH ON HAND AND IN BANK 2,502,736 PREMIUM IN COURSE OF COLLECTION` 77,829,346 INTEREST ACCRUED 13,923,276 OTHER ASSETS 94,597,742 TOTALASSETS 1,434,698,845 LIABILITIES RESERVE FOR UNEARNED PREMIUMS $379,073,789 RESERVE FOR LOSSES 747,946,558 RESERVE FOR TAXES 8,300,884 FUNDS HELD UNDER REINSURANCE TREATIES 13,943 OTHER LIABILITIES '(176.810.273) TOTAL LIABILITIES $958,524,901 CAPITAL: SPECIAL SURPLUS $117,300,000 CAPITAL' 928.592 SHARES, $4.85 PAR VALUE 1 4,503,671 CAPITAL: PAID IN 128,333,500 SURPLUS (UNASSIGNED) 226,036,772 SURPLUS TO POLICYHOLDERS 476,173,943 TOTAL $1,434,698,844 wo (`EXCLUDES PREMIUM MORE THAN 90 DAYS DUE.) STATE OF PENNSYLVANIA COUNTY OF PHILADELPHIA John P. Taylor, being duly sworn, says that he is Vice President of Westchester Fire Insurance Company and that to the best of his knowledge and belief the foregoing is a true and correct statement of the said Company's financial condition as of the 31 st day of December, 2003. Swom before me this 16th day of April, 2004. .__..L� v My corrinfissidn expires M""E ZARZYCKI, Notary Public 01Philadel hia PS'r ^- -- /short forms 2D03Avfld MY Commission Expires Oct. POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. You should be aware that under the Terrorism Risk Insurance Act of 2002_ (`The Act") effective November 26, 2002, any losses caused by certified acts of terrorism under your existing coverage may be partially reimbursed by the United States under a formula established by federal law (applicability is subject to the terms and conditions of each individual policy), The Act was specifically designed to address the ability of businesses and individuals to obtain property and casualty insurance for terrorism and to protect consumers by addressing market disruptions and ensure the continued availability of terrorism coverage. Under the terms of The Act, you may now have the right to purchase insurance coverage for losses arising out of acts of terrorism; as defined in Section 102(1) of the Act: The term "act of terrorism" means any act that is certified by the Secretary of the Treasury, in concurrence with the Secretary of State, and the Attorney General of the United States -to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property; or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of an air carrier or vessel or the premises of a United States mission; and to have been committed by an individual or individuals acting on behalf of any foreign person or foreign interest, as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion. Responsibility for Compensation under The Act is shared between insurance companies covered by The Act and the United States. Under the formula set forth in The Act, the United States pays 90% of covered terrorism losses exceeding the statutorily established deductible, which is paid by the insurance company providing the coverage. We are providing you with the terrorism coverage required. by The Act. We have not established a separate price for this coverage; however the portion of your annual premium that is reasonably attributable to such coverage is: IQa Authorized gent TRIA12 (5/03)