HomeMy WebLinkAboutZoser-Chaudhry LLC Construction Group Labor and Materials Payment Bond -2000 06 28Bsri #166479
~~~~ in 4 Ctcr~r~~s
SECTION 00620
LABOR AND MATERIALS PAYMENT BOND FORM
7~ LIL
THIS INSTRUMENT WITNESSETH: That we (1) ~ a (2) ~~ ____
organized under the laws of the State of ~~ and regularly authorized to do business in the
State of ('3) Flr~-irh as Principal, and we (4) I~Z Pn8-ican* a (2) Q~ati_az _
organized under the Taws of the State of lure and regularly authorized to do business in the State
~f (3) F7.orir_h a5 Surety, are held and firmly bound unto (5) ~~' ~ ti'~~' ___
nereinattar called the Owner in accordance with a Contract hereinalter referred to, in the penal sum of (b)
,rt-,;r ~. F'?~~ '~.~'~, ** Dollars (~35, 369.40 ~ lawful money of the United States, well and truly to be
paid unto the said Owner, for the payment of which we bind ourselves, our heirs, executors, administrators,
successors and assignees, jointly and severally, firmly b these presents. WHEREAS, the said principal has
~3ntered into a written contract with the Owner dated 28 oao for work designated
;ts... ~.#~ 't^~- 'r'te located in ~,. ~~ ~ in conformity with the Contract
Documents hereby referred to and made a part hereof, the same to all intents and purposes as if written at length
I~erein, in which Contract the said Principal has contracted to perform the work specified in said Contract in
:accordance with the terms thereof; *~~aalty Ii~ar~e Q~iy ***Bid #I'IB--007-Oa-{~
iff~~ I~~ Sixty I~ &40/1()0
NOW, THEREFORE, the condition of this obligation is such that if the Principal shall faithfully satisfy all clairris
rind demands incurred by the Principal of said Contract, and shall pay all obligations arising thereunder, and shall
fully indemnify and save harmless the Owner from all cost and damage which the Owner might suffer by reason
cif the failure of the Principal to do so, and shall fully reimburse and repay to the Owner all costs, damages, and
~:xpenses which the Owner may incur in making good any default by the Principal, and shall promptly make
l~aymPnt of prevailing wages to sil persons supplying labor, equipment or materials for use in the prosecution of
the work, whether by subcontractor or otherwise, and including all insurance premiums on said work as provided
for in such Contract, then this obligation shall be Wulf and void, otherwise it shall remain in full force and effect.
IN ADDITION, the Principal and Surety, jointly and severally, expressly guarantee that the Owner will be held
harmless Irom any liens, claims, demands or obligations in conjunction with materials or services provided with
respect to this Contract. This bond shall remain in effect for a period of one year from the date of fin~il
acceptance. The Owner may sue on this bond, and any person furnishing material or performing labor, either as
an individual or as a Subcontractor, shall have the right to sue on this Bond in the namo of the Owner for his use
and benefit. The said Surety, for value received, hereby stipulates and agrees that no change, extension of time,
alteration or addition to the terms o1 the Contract or to the Work to be performed thereunder or the Contract
[iocuments accompanying the same shall in any way affect its obligations on this Qond, and it does hereby waive
notice of any such change, extension of time, alteration or addition to the terms of the Contract or to the Work ar
t~~ tits Contract Documents.
PROVIDED, FURTHER, that no final settlement between the Owner and the Contractor shall abridge the right of
any beneficiary hereunder, whose claim maybe unsatisfied.
(t) Contra-:tor
(~) Sole Proprietor, Partnership or Corporation
(.3) State in which project is located
(~i) Surety
(t~) Owner
(ri) t t 0 percent of the Contract
~~n
IN WfTKESS WHEREOF, this instrument is executed in several ceunierparts, each ono of which shall be deemzd
an original, this the day of , 20_.
(SEAL) (1) 7~~' Q~ny LLC Qz~x~ttrn C~~
SEAL) (2) I~1 P~c'ican ~;a1tY Ir~.~arx~ ~~'
By: ~ K~ ~ -------------
Title: _ Kim E. IViv - Attr~~.y in Fact & FL Licer~d ~~~ Pt~zt
(Attorney in Fact) TTm ririx: (407)78E~7T70
l t) Contractor
12) Surely
END OF SECTION
~~
r
NORTH AMf RICAN SPECIALTY INSURANCE COMPANY
GENERAL POWER OF ATTORNEY
KNOW ALL MEN f3Y THESE PRESENTS. THAT THE. NORTH AMERICAN SPECIALTY INSURANCE COMPANY, a corporation duly organized and
existing under laws of the State of New Hampshire, and having its principal office in the City of Manchester. New Hanlpsl-iire has made, constituted and
appointed, acrd by these prosents does make. constitute; and appoint
Jeffrey W. Reich, Snsan L. Reich, Kim E. Niv, Teresa L. Robinson
jointly or severally, and all of Altamonte Springs, Florida
its true and lawful Atiprney-in-Fact, to maka, execute, seal and deliver fur and on its behalf and as its act and deed bnnds or other writings obligatory in
the nature of a borl~i on behalf of said Company as surety.. bonds, undertakings and contracts of suretyship to be given to all obligees provided that no
bond or undertaking or contract or suretyship executed under this authority shall exceed in the amount of. ..... ..... .
SIX MlLLI(7N (6,000,000.00} DOt_LAFiS
Tice Fower of Attorney is yr7nted and is signed and sealed by facsimile. under and by the authority of the foliocving Resolutia+~ adopted by the Board
of Directors of North American Specialty Insurance Company at a meeting duly called and held on ti~~ 24th of April, 19II5
°RESOLVED that the President. and Vice President, any Assistant Vice President or any Secretary be and each or any of them hereby is authorized
to execute Power of Attorney qualifying the attornep Warned in the grven Power of Attorney to execute on behalf of North American Specialty Insurance
Company bonds, undertakings and ail contracts of surt~,ty. and that each or any of thorn hereby is authorized to attest to the execution of any such Power
of Attorney and to attach hereto the seal of the Company.° and
FURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affixed to any such Puwer of Attorney or to any
certificate relating !hereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be binding
upon the Company when so affixed and in the future with regard to any bvnd, undertaking or contract of surety to which 't is attached.
In Witness Wheroof, North American Specialty Insurance Company has caused its official Seal to be hereunto affixed. and these presents to be signed
by its President and aftested by one of its Assistant Vice Presidents on the 14th of December, 1598.
BY
3r=AL
_ ~ ~
~• ~ J i
_~_ ___ __ -- -. ___-- -- -- ---- _ - ___ B~~ _ ~~' ___ _ __ ~~ _ --- -
Robert M Solitra President and Chief Operating Officer Steven E. Holzwart, Assistant Vn,e President
State of Ohio
County of Cuyahoga ss
On this December 14, 199$, before me, a Notary Public personally appeared Robert M. Solitro and Sts=van E Fiolzwart personally known to me, who being
by me duly sworn, acknowledged that they signed the above Power at Attorney as officers of said NORTH AMERICAN SPECIALTY INSURANCE
COMPANY and acknowledged said instrument to be the voluntary act and deed of the corporation.
i~p,pant
James 7_iolo _ '~ ~~~
Notary Public -State of Ohio yp~
My commission expires May 6. 2003 sgA~'o
'F as ~>.
Jame s Ziolo. Notary Public,
1, R. Scott Liptak, Assistant Viee President, of NORTH AMERICAN SPECIALTY INSURANCE COMPANY, do hereby certify that the above and foregoing
is a true and correct copy of a Power of Attorney by said NORTH AMERICAN` SPECIALTY INSURANCE COMPANY, which is still in full force ::and effect.
IN WITNESS WHEREOF,
I hereto set myhand and affixed the'Seal of said Company this
AND 11pS-b (rev. 12/99)
day of ,_~_
~~ ~~i
.~. ,~r _ _
_ ' - ~ R: Scott Liptak, Assistart Vice President