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Home My WebLink AboutCORRESPONDENCE - BID - 5963 TRAILWORK 2006Administrative Services Purchasing Division Ciry of Fort Collins March 30, 2006 Jag's Enterprises, Inc. 661 Innovation Dr. Windsor, CO 80550 RE: Bid 5963 Trail Work 2006 Thank you for recently submitting a bid to the City of Fort Collins for 5963. 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, J me B. O'Neill II, CPPO, FNIGP Di or of Purchasing and Risk Management Enclosures: Bid Bond s•.,,1 215 North Mason Street • 2nd Floor • P.O. Box 580 • Fort Collins, CO 80522-0580 • (970) 221-6775 • FAX (970) 221-6707 STATE OF COLORADO PROJECT NO. Poudre Trail&Power PROJECT KNOW ALL MEN BY THESE PRESENTS: WHEREAS, Jag's Enterprises, Inc. hereinafter called the "PRINCIPAL", is submitting a PROPOSAL for the above described project, to the STATE OF COLORADO, herein after specified, and, in WHEREAS, the Advertisement for Bids has required as a condition of receiving the Proposals that the Principal submit with the PROPOSAL GUARANTY in an amount not less than five per cent (5%) of the Proposal, which sum it is specifically agreed is to be forfeited as Liquidated Damages in the event that the Principal defaults in his obligation as hereinafter specified, and, in pursuance of which Requirement, this Bid is made, executed and delivered. NOW THEREFORE, the principal and Old Republic Surety Company a corporation of the State of Wisconsin , duly authorized to transact business in Colorado, as Surety, are held and firmly bound unto the Obligee, in the sum of five per cent (5%) of the Principal's total bid price, lawful money of the United States for the payment of which sum, well and trulyto be made to the Obligee, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. FURTHER THAT, a condition of the obligation that the Principal shall maintain his Proposal in full force and effect for thirty (30) days after the opening of the proposals for the project, or, if the Principal's Proposal is accepted, the principal shall, within the prescribed time, execute the required Agreement, furnish the required Performance Bond, Labor and Material Payment Bond, Insurance Policy, and Certificates of Insurance, then this obligation shall be null and void, otherwise it shall remain in full force and effect, and subject to forfeiture upon demand as Liquidated Damages. IN WITNESS WHEREOF said Principal and Surety have executed this 21 st day of February 2006 (Corporate Seal) /a`'""�>: sW p ATTEST: Secretary THE PRINCIPAL Jag's Enterprises, Inc. 661 Innovation Drive Windsor, CO 80550 ;&ea�z� By SIGNATURE If the "Principal" is doing business as a Corporation, the Bid Bond shall be signed by an officer, i.e., President O or Vice President. The signature of the officer shall be attested to by the Secretary and properly sealed. If the "Principal" is an individual or a partnership, the Bid Bond shall so indicate and be properly signed. (Corporate Seal) THE SURETY Old Repub ' r Company By Attorney -in -Fact Jay HeIzer - THIS BOND MUST BE ACCOMPANIED BY POWER OF ATTORNEY, EFFECTIVELY DATED. State Form SC-6.14 Issued 9/1165 (Rev.2/2000) 395-61-01-6146 FAILURE TO PROVIDE A PROPERLY EXECUTED BID BOND WITH A PROPERLY EXECUTED POWER OF ATTORNEY WILL RESULT IN THE BIDDER'S PROPOSAL BEING DEEMED AU1N DCCDf1NQTVF State Form SC-6.14 Issued 9/1/65 (Rev. 2/2000) 395-61-01-6146 *i�' *, O�D Surety Company POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That OLD REPUBLIC SURETY COMPANY, a Wisconsin stock insurance corporation, does make, constitute and appoint: RYAN D. HICKS, JAY W. HELZER, OF WINDSOR, CO its true and lawful pttorney(s)-in-Fact, with full power and authority, not exceeding $5,000,000, for and on behalf of the company as surety, to execute and deliver and affix the seal of the company thereto (if a seal is required), bonds, undertakings, recognizances or other written obligations in the nature thereof, (other than bail bonds, bankdepostory bonds, mortgage deficiency bonds, mortgage guaranty bonds, guarantees of installment paper and note guaranty bonds, self-insurance workers compensation bonds guaranteeing payment of benefits, asbestos abatement contract bonds, waste management bonds, hazardous wasteremediation bonds or black lung bonds), as follows. ALL WRITTEN INSTRUMENTS IN AN AMOUNT NOT TO EXCEED AN AGGREGATE OF FIVE HUNDRED THOUSAND DOLLARS($500,00:0)------------------ FOR ANY SINGLE OBLIGATION, REGARDLESS OF THE NUMBER OF INSTRUMENTS ISSUED FOR THE OBLIGATION. and to bind OLD REPUBLIC SURETY COMPANY thereby, and all of the acts of said Attorneys -in -Fact, pursuant to these presents, are ratified and confirmed. This document is not valid unless printed on colored background and is mufti -colored. This appointment is made under and by authority of the board of directorsat a special meeting held on February 18, 1982. This Power of Attorney is signed and sealed by facsimile under and by the authority of the following resolutions adopted by the board of directors of the OLD REPUBLIC SURETY COMPANY on February 18, 1982. RESOLVED that, the president, any vice-president, or assistant vice president in conjunction with the secretary or any assistant secretary, may appoint attorneys -in -fact or agents with authority as defined or limited in the instrument evidencing the appointment in each case, for and on behalf of the company to execute and deliver and affix the seal of the company to bonds, undertakings, recog- nizances, and suretyship' obligations of all kinds; and said officers may remove any such attorney -in -fact or agent and revoke any Power of Attorney previously granted to such person. RESOLVED FURTHER,that any bond undertaking, recognizance, or suretyship obligation shall bevalid'and binding upon the Company (i) when sigrred:by the president, any vice president or assistant vice president, and attested and sealed (if a seal too required) by any secretaryor assistant secretary; or (ii) when signed by the president, any vice president or assistant vice president, secretary or assistant' secretary, and countersigned and sealed (if a seal be required) by a duly authorized attorney -in -fact or,agent; or (iii) when duly executed and sealed (if a seal be required)by one or more attorneys -in -fact or agents pursuant to and within the limits of the authority evidenced by the Power of Attorney issued by the company to such person or persons. RESOLVED FURTHER,thatthe signature of any authorized officer and the seal of the company may be affixed by facsimile to any Power of Attorney or certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or other suretyship obligations of the cotrpary,, and such signature and seal when so used shall have the same force and effect as though manually affixed. IN WITNESS WHEREOF, OLD REPUBLIC SURETY COMPANY has caused these presents to be signed by its proper officer, and its corporate seal to be affixed this 2 5 TH day of JANUARY , 2006. ': OVJ 1,1,11 H OLD REPUBLIC SURETY COMPANY �p0� 6URpr}p Assistant S ecrayty,, �. ! President STATE OF WISCONSIN, COUNTY OF WAUKESHA - SS "" " On this 25TH day of JANUARY, 2006 , personally came before me, JAMES E. LEE and DAVID G. MENZEL to me known to be the individuals and officers of the OLD REPUBLIC SURETY COMPANY who executed the above instrument, and they each acknowledged the execution of the same, and being by meduly sworn, did severally depose and say; that they are said officers of the corporation aforesaid, and that the seal affixed to the above. instrument is the seal of the corporation, and that said corporate seal and their signatures as such officers were duly affixed and subscribed to the said instrument by the authority of the board of directors of said corporation. £a pOTARY -- _ Notary Public ma PUeU° _( �. '? 01/18/2009 'F?Fwts°° My commission expires: CERTIFICATE I, the undersigned, assistant secretary of the OLD REPUBLIC SURETY COMPANY, a Wisconsin corporation, CERTIFY that the foregoing and attached Power of Attorney remains in full force and has not been revoked; and furthermore, that the Resolutions of the board of directors'set forth in the Power of Attorney, are now in force. 40-5157 '0.w,,w,, ' �.` 9UggT`W4 // Signed and sealed at the City, of Brookfield, W1 this day of �SE„AL RENAISSANC `- .GROUP, LLC ��,m`"� Assistant *etary nasr. 999R9 rvnar