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HomeMy WebLinkAboutNew World Systems Software Performance Bond 2013 04 03 N U.S Specialty Insurance Company 601 S.Flgueroa Street,Suite 1600,Los Angeles,California 90017 main 310 649 0990 facsimile 3106490416 Bond No. 1000961946 Public Works—Performance MOW ALL MEN BY THESE PRESENTS,That we, New World Systems Corporation 888 W. Big Beaver,Ste.600,Troy, MI 48084 as Principal, and U. S.SPECIALTY INSURANCE COMPANY , a corporation organized and existing under the laws of the State of'Texas, and authorized to transact a general surely business in the State of Florida as Surety, are held and firmly bound unto City of Winter Springs, 1126 East State Road 434,Winter Springs, FL 32708 as Obligee, in the sum of Four Hundred Thirty-Nine Thousand and No/100ths Dollars ($439,000.00 ) lawful money of the United States of America, for the payment whereof, well and MAI to be made(, we hereby bind ourselves, our 11cirs, executors, adninnistrators, succossors and assigns,J;ointli' and s;;verallj', firmly by these presents. THE CONDITION OF THIS OBLIGATION IS SUCH, that WHEREAS, the above-bounden Principal has entered into a contract dated 3/20/2013 with said Obligee to do and perform the following work,to wit: Software Implementation NOW,THEREFORE, if the above-bounden Principal shall well and truly perform or cause to be performed, "the works under the contract,"then this bond shall be rlull and void; otherwise it shall remain in full force and effect. The term of this bond is for the period commencing 4i5/2013and expiring on 4/5/201� unless released by the obligee prior thereto. Signed, sealed and dated this 5th day of April 2013 New World Systems Corporation U.S.:SPECIAL.TY INSURANCIL COMPANY Principal By Kathleen M. Irelan Attorlicy-in-fact Countersigned: \allBy: �' 'y Wendy L. Hingson(._� � 275-82 Licensed Florida Resident Agent 239 6 ru e�zr_>uv1i11a;I u t r POWER OF ATTORNEY AMERICAN CONTRACTORS INDEMNITY COMPANY UNITED STATES SURETY COMPANY U.S.SPECIALTY INSURANCE COMPANY KNOW ALL MEN BY THESE PRESENTS:That American Contractors Indemnity Company,a California corporation,United States Surety Company,_a Maryland corporation and U.S. Specialty Insurance Company, a Texas corporation (collectively, the "Companies"),do by these presents make,constitute and appoint: Robert Trobec,Alan P.Chandler,Jeffrey A.Chandler,Kathleen M.Irelan,Ian J.Donald its true and lawful Attomey(s)-in-fact, each in their separate capacity if more than one is named above, with full power and authority hereby conferred in its name,place and stead,to execute,acknowledge and deliver any and all bonds, recognizances, undertakings or other instruments or contracts of suretyship to include riders, amendments, and consents of surety, providing the bond penalty does not exceed *******Ten Million******* Dollars ($**10,000,000.00**). This Power of Attorney shall expire without further action on December 08,2016. This Power of Attorney is granted under and by authority of the following resolutions adopted by the Boards of Directors of the Companies: Be if Resolved, that the President,any Vice-President,any Assistant Vice-President,any Secretary or any Assistant Secretary shall be and is hereby vested with full power and authority to appoint any one or more suitable persons as Attorney(s)-in-Fact to represent and act for and on behalf of the Company subject to the following provisions: Attorne)-in-(art may be given full power and authority for and in the name of and on behalf of the Company,to execute,acknowledge and deliver,any and all bonds, recoerizsnces. contracts, agreements or indemni!v and other conditional or oblieatory undenakimm including; any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts,and any and all notices and documents canceling or terminating the Company's liability thereunder,and any such instruments so executed by any such Attomey-in-Fact shall be binding upon the Company as if signed by the President and sealed and effected by the Corporate Secretary. Be it Resolved,that the signature of any authorized officer and seal of the Company heretofore or hereafter affixed to any power of attomey or any certificate relating thereto by facsimile,and any power of attorney or certificate bearing facsimile signature or facsimile seal shall be valid and binding upon the Company H'ith respect to any bond or undertaking to which it is attached. IN WITNESS WHEREOF,The Companies have caused this instrument to be signed and their corporate seals to be hereto affixed,this Oth day of December,2012. AMERICAN CONTRACTORS INDEMNITY COMPANY UNITED STATES SURETY COMPANY U.S.SPECIALTY INSURANCE COMPANY Corporate Seals ,.PIE Fri': Daniel P.Aguilar,Vice President State of California County of.Los Angeles SS: On l Oth day of December,2012,before me,Vanessa Wright,a notary public,personally appeared Daniel P.Aguilar,Vice President of American Contractors Indemnity Company, United States Surety Company and U.S. Specialty Insurance Company who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity,and that by his signature on the instrument the person(s),or the entity upon behalf of which the person(s)acted,executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. V.VIRMNtT i� ComrAs"f 11NNI31t Signature �' '! (Seal) Notary PWttc•CatMmMr Los AnaNat CooMV Comm.E raa ow A.2016 I,Jeannie Lee, Assistant Secretary of American Contractors Indemnity Company, United States Surety Company and U.S. Specialty Insurance Company, do hereby certify that the above and foregoing is a true and correct copy of a Power of Attorney,executed by _ said Companies, which is still in full force and effect; furthermore, the resolutions of the Boards of Directors, set out in the Power of Attorney are in full force and effect. In Witness Whereof I have hereunto set my hand and affixed the seals of said Companies at Los Angeles,California this day of 1 zcl �5 Corporate Seals n Bond No. (j,a i lV 1 ��(p —y�o �_ o; _ + Jeannie Lee, ssistant Secretary 9ET Agency No. 17050 ".'°" "_