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HomeMy WebLinkAboutA.P.E.C., Inc. Labor and Material Payment Bond July -1999 07 28THE AMERICAN INSTITUTE OF ARCHITECTS `~I~II~~~!/ ~,.l,~y ~ _ ~~ ,v `u 1. •r,. p~1, ~-'%~' Bond No.: 70717009 Executed in 4 Counterparts AIA Document A311 Labor and Material Payment Bond THIS BOND IS ISSUED SIMULTANEOUSLY WITH PERFORMANCE BOND IN FAVOR OF THE OWNER CONDITIONED ON THE FULL AND FAITHFUL PERFORMANCE OF THE CONTRACT KNOW ALL MEN BY THESE PRESENTS: that APEC, Inc. 7819 Thicket Lane, Orlando, FL 32819 (407) 493-4022 (Here insert full name and address or legal title of Contractor) as Principal, hereinafter called Principal, and, John Deere Insurance Company 3400 80th Street, Moline, IL 61265-5886 (800) 447-0633 (Here insert full name and address or legal title of Surety) as Surety, hereinafter called Surety, are held and firmly bound unto City of Winter Springs (Here insert full name and address or legal title of Owner) 1126 East SR434, Winter Springs FL 32708-2715 (407) 327-5989 as Obligee, hereinafter called Owner, for the use and benefit of claimants as herein below defined, in the amount of One Hundred Eight Thousand, Two Hundred Thirty One & 20/100 (Here insert a sum equal to at least one-half of the contract price) DOIIarS ($ ---108,231.20- ), for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, Principal has by written agreement dated 2 ~ (~~ ~~-, 19 ~ 9- ,entered into a contract with Owner for (Here insert full name and address and description of project) Project #103-99, Winter Springs Traffic Calming Devices, Intersection of SR434 & Wade Street, Winter Springs FL 32708 in accordance with Drawings and Specifications prepared by (Here insert full name and address or legal title of Architect) which contract is by reference made a part hereof, and is hereinafter referred to as the Contract. AIA DOCUMENT A311 • PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND• •AIA ® 3 FEBRUARY 1970 ED. • THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 ORIdA 222 S. Westmonte Drive, Suite 307 RE7y Altamonte Springs, FL 32714 (407)786-7770 N(IS INC. LABOR AND MATERIAL PAYMENT BOND NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that, if Principal shall promptly make payment to all claimants as hereinafter defined, for all labor and material used or reasonably required for use in the performance of the Contract, then this obligation shall be void; otherwise it shall remain in full force and effect, subject, however, to the fol- lowing conditions: 1. A claimant is defined as one having a direct con- tract with the Principal or with a Subcontractor of the Principal for labor, material, or both, used or reasonably required for use in the performance of the Contract, labor and material being construed to include that part of water, gas, power, light, heat, oil gasoline, telephone service or rental of equipment directly applicable to the Contract. 2. The above named Principal and Surety hereby jointly and severally agree with the Owner that every claimant as herein defined, who has not been paid in full before the expiration of a period of ninety (90) days after the date on which the last of such claimant's work or labor was done or performed, or materials were furnished by such claimant, may sue on this bond for the use of such claimant, prosecute the suit to final judgment for such sum or sums as may be justly due claimant, and have execution thereon. The Owner shall not be liable for the payment of any costs or expenses of any such suit. 3. No suit or action shall be commenced hereunder by any claimant: accuracy the amount claimed and the name of the party to whom the materials were furnished, or for whom the work or labor was done or performed. Such notice shall be served by mailing the same by registered mail or certified mail, postage prepaid, in an envelope ad- dressed to the Principal, Owner or Surety, at any place where an office is regularly maintained for the trans- action of business, or served in any manner in which legal process may be served in the state in which the aforesaid project is located, save that such service need not be made by a public officer. b) After the expiration of one (1) year following the date on which Principal ceased Work on said Contract, it being understood, however, that if any limitation em- bodied in this bond is prohibited by any law controlling the construction hereof such limitation shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law. c) Other than in a state court of competent jurisdiction in and for the county or other political subdivision of the state in which the Project, or any part thereof, is situated, or in the United States District Court for the district in which the Project, or any part thereof, is sit- uated, and not elsewhere. a) Unless claimant, other than one having a direct contract with the Principal, shall have given written notice to any two of the following: The Principal, the Owner, or the surety above named, within ninety (90) days after such claimant did or performed the last of the work or labor, or furnished the last of the materials for which said claim is made, stating with substantial THIS BOND HEREBY IS AMENDED SO THAT THE PROVISIONS AND LIMITATIONS OF SECTION 255.05 OR SECTION 713.23, FLORIDA STATUTES, WHICHEVER IS APPLICABLE, ARE INCORPORATED HEREIN BY REFERENCE. Signed and sealed this q7p~ ~~ ~~~ (Witness) John Deere Insurance Company (Witness) (Surety) (Seal) 4. The amount of this bond shall be reduced by and to the extent of any payment or payments made in good faith hereunder, inclusive of the payment by Surety of mechanics' liens which may be filed of record against said improvement, whether or not claim for the amount of such lien be presented under and against this bond. da Y of .~ J L ~/ 19 99 APEC, Inc. / (Principal) (Seal) '/~, (Title) (CSLC~. Jeffre h,(Title)Attorney-in-Fact & Florida Licensed Resident Agent (407) 786-777x7 AIA DOCUMENT A311 • PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND• •AIA FEBRUARY 1970 ED. • THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 4 John Deere Insurance Company POWER OF ATTORNEY Bond Number: 0707-17009 KNOW ALL MEN BY THESE PRESENTS, that John Deere Insurance Company, a corporation duly organized under the laws of the State of Illinois, and having its principal place of business in the City of Moline, State of Illinois, does hereby make, constitute and appoint Jeffrey W. Reich and Susan L. Reich its true and lawful Attorneys-in-Fact, for it, and in its name, place and stead, with full power and authority to sign, execute, acknowledge and deliver for and on its behalf and Surety, any and all bonds to a maximum limit of $5,000,000. per bond numbered above with an effective date of Year .This Power of Attorney is valid through December 31, 1999. IN WITNESS WHEREOF, the John Deere Insurance Company has caused their name to be subscribed hereto by its Senior Vice President, and its corporate seal to be affixed, atte ted to by its Assistant Sec~~~tary; on this 5th day of March 1999. ~~ctt , • :~~ .....:;•i ``' Attest: Signed: Seal: ~i `~ .• ~ ~ ~! .9'M S ~1 f / ~ h V Vtlttll~~~ :O .~ Robert D. Holland, Senior ice President ~• ••••••''' •~' ~~'~ John Deere Insurance Company I y<LtNU~~ State of Connecticut) ACKNOWLEDGEMENT ss. County of Hartford ) Peter Fi. l1 vell, Assistant Secretary John Deer Insurance Company I, Lisa L. Johnson, Notary Public, do hereby certify that Robert D. Holland, Sr. Vice President of John Deere Insurance Company and Peter H. Lovell, Asst Secretary of John Deere Insurance Company, personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such Senior Vice President and Asst Secretary, appeared before me this day in person, and acknowledged that they signed, sealed and delivered said instrument as their free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal, this 5th day of March 1 1a1~.~ AItY .i:~Ur~&~C [~ MYCOMMISSICN1rXPIf;FS 9 Lisa L. Johnson, otary blic Al'JTHORIZATION I, Peter H. Lovell, Assistant Secretary of John Deere Insurance Company, hereby certify that John Deere Insurance Company is duly licensed to transact fidelity and surety business in all States of the United States of America, that the foregoing Power of Attorney is a correct and true copy of the original Power of Attorney, that said Power of Attorney has not been revoked, and I further certify that the following is a true and exact copy of two resolutions passed by the Board of Directors of John Deere Insurance Company at meetings held by said Board, a quorum being present and voting on the date specified below, which resolutions are still in effect: RESOLVED, that the President or any Senior Vice President in conjunction with any Secretary or Assistant Secretary, be and they are hereby authorized and empowered to appoint Attorneys-in-Fact of the company, its name and as its acts, to execute and acknowledge for and on its behalf as Surety any and all bonds, recognizance, contracts of indemnity, waivers of citation and all other writings obligatory in the nature thereof, with power to attach thereto the seal of the Company. Any such writings so executed by such Attorneys-in-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected Officers of the Company in their own proper persons. (Adopted 11 September 1969.) RESOLVED, that the signature of any Officer authorized by the Bylaws and the Company seal may be affixed by facsimile to any power of attorney or special power of attorney or certification of either for the execution of any bond, undertaking, recognizance or other written obligation in nature thereof, such signature and seal when so used being hereby adopted by the Company as the original signature of such Officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as though manually affixed. (Adopted 29 April 1971.) Given under my hand and official seal, this 5th day of rch 1999. ~~~SUl~~, IJ c oo~otu't,n s Peter . Lovell, A si tant Secretary • ~ SRAti, ~a° pn . ,,~{CfiSO~~ FloRida SURETY ONdS, I NC. July 21, 1999 City of Winter Springs 1126 East SR434 Winter Springs FL 32708-2715 (407) 327-5989 222 S. WESrMONTE DRfVE, SUITE 307 A~TAMONTE SPRINGS, FL 32714 407.786.7770 Fax 407.786.7766 888.786-BOND (2663) Fax 888.718-BOND (2663) WWW. F~ORIdASURETYBONdS.COM Re: Authority to Date Bonds and Powers of Attorney Principal: APEC, Inc. Bond No.: 70717009 Project: 103-99, Winter Springs Traffic Calming Devices, Intersection of SR434 & Wade Street, Winter Springs FL 32708 Dear Sir or Madam: Please be advised that as Surety on the above referenced bond, executed on your behalf for this project, we hereby authorize you to date the bonds and the powers of attorney concurrent with the date of the contract agreement. Once dated, please send a copy of the dated bonds to our office. Sincerely, John Deere Insurance Company ~ . (?~~ ~ Jeffr eich Attorney-in-Fact and Florida Licensed Resident Agent . "~ ME~+IQRANDUII~ TO: Andrea Lorenzo - Luaces, Deputy City Clerk FROM: George Edwards, Capital Projects RE: Documentation for Project #013.88 Traffic Calming Devices DATE: August S, 1898 Transmitted herewith are the following executed documents for your files: 1) Notice of Award 2) Agreement 3) Notice to Proceed 4) Certificate of Liability Insurance 5) Performance Bond and Labor and Materials Payment Bond