HomeMy WebLinkAboutRESPONSE - BID - 7048 MASON BIKE PEDESTRIAN TRAIL (8)00410
BID BOND
KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned Mountain
Constructors, Inc. as Principal, and First National Insurance
Company of America as Surety, are hereby held and firmly bound unto the
City of Fort Collins, Colorado, as Owner, in the penal sum of Five Percentof
Amount Bid ($.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 City of Fort Collins, Colorado the accompanying bid
and hereby made a part hereof to enter into a Contract Agreement for the
construction of City of Fort Collins Project, Mason Bike/Pedestrian Trail- Spring Creek to Prospect
7048
Road, Bid No.
WHEREAS, the Owner, as a condition for receiving said bid, requires
the Principal to deposit with the Owner a Bid Guaranty equal to five
percent (5%) of the amount of said bid.
NOW, THEREFORE,
(a) If said bid shall be rejected; or in the alternate,
(b) If said bid shall be accepted and the Principal
shall execute and deliver a Contract Agreement
(properly completed in accordance with said bid) and
shall furnish a Performance and Payment Bond upon
the forms prescribed by the Owner for the faithful
performance of said Agreement; and shall in all
other respects perform the agreement created 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 liabi-
lity of the Surety for any and all claims hereunder shall, in no event,
exceed the penal amount of this obligation as herein stated.
00410 continued
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.
IN WITNESS WHEREOF, the Principal and the Surety have hereunto set
their hands and seals this 24th day of July , 2009 , 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 SURETY
First National
Name Mountain Constructors, Inc. Insurance Company of America
622 Main trqet SEAL s 14123 Denver West Parkway
Address: Plattev'lte, l Golden, CO 80401
® MOODY INSURANCE AGENCY, INC.
® 3773 CHERRY CREEK NORTH DRIVE, SUITE 800
DENVER, COLORADO 80209-3804
Na PHONE: (303) 824-6600
L><berty POWER First National Insurance Company of America
1001 Mutual. 4th Avenue
OF ATTORNEY Suite noo
Seattle, WA 98154
KNOW ALL BY THESE PRESENTS: No. 13289
That FIRST NATIONAL INSURANCE COMPANY OF AMERICA, a Washington corporation, does hereby appoint
******************D N BROYLES; KAREN A FEGGESTAD; DANIEL S FINHOLM; VERA T KALBA; BRAD MOODY;
EVAN E MOODY; C R MUELLER: Denver, CO*******************************************************************
its true and lawful attomey(s}in-fact, with full authority to execute on behalf of the company fidelity and surety bonds or
undertakings and other documents of a similar character issued by the company in the course of its business, and to bind FIRST
NATIONAL INSURANCE COMPANY OF AMERICA thereby as fully as if such instruments had been duly executed by its regularly
elected officers at its home office.
IN WITNESS WHEREOF, FIRST NATIONAL INSURANCE COMPANY OF AMERICA has executed and attested these presents
this 215t day of March , 2009
Dexter R. Legg, Secretary Timothy A. Mikolajewski, Vice President
CERTIFICATE
Extract from the By -Laws of FIRST NATIONAL INSURANCE COMPANY OF AMERICA:
"Article V, Section 13. - FIDELITY AND SURETY BONDS ... the President, any Vice President, the Secretary, and any Assistant
Vice President appointed for that purpose by the officer in charge of surety operations, shall each have authority to appoint
individuals as attomeys-in-fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety
bonds and other documents of similar character issued by the company in the course of its business... On any instrument making or
evidencing such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or
undertaking of the company, the seal, or a facsimile thereof, may be impressed or affixed or in any other manner reproduced;
provided, however, that the seal shall'not be necessary to the validity of any such instrument or undertaking."
Extract from a Resolution of the Board of Directors of
FIRST NATIONAL INSURANCE COMPANY OF AMERICA adopted July 28,1970.
"On any certificate executed by the Secretary or an assistant secretary of the Company setting out,
(i) The provisions of Article V, Section 13 of the By -Laws, and
(ii) A copy of the power-of-attomey appointment, executed pursuant thereto, and
(iii) Certifying that said power -of -attorney appointment is in full force and effect,
the signature of the certifying officer may be by facsimile, and the seal of the Company may be a facsimile thereof."
I, Dexter R. Legg , Secretary of FIRST NATIONAL INSURANCE COMPANY OF AMERICA, do hereby certify that the
foregoing extracts of the By -Laws and of a Resolution of the Board of Directors of this corporation, and of a Power of Attorney
issued pursuant thereto, are true and correct, and that both the By -Laws, the Resolution and the Power of Attorney are still in full force
and effect.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of said corporation
this
fv,
, i Y
S-1049/DF 3/09.
24th
day of July 2009
�X* j.k1
1
Dexter R. Legg, Secretary
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