HomeMy WebLinkAboutBond SUBDIVISION BOND
Bond No. 765750S
KNOW ALL MEN BY THESE PRESENTS, that we Creek Meadows Partners, L.P.
as Principal, and _Developers Surety and Indemnity Company
authorized to do business in the State of Texas , as Surety, are held and firmly bound
unto City of College Station
as Obligee, in the penal sum of Five Hundred Seventy Eight Thousand Six Hundred Sixty and No/100
($ 578,660.00) DOLLARS,
lawful money of the United State of America, for the payment of which well and truly to be
made, we bind ourselves, our heirs, executors, administrators, successors and assigns,jointly and
severally, firmly by these presents.
WHEREAS, Creek Meadows Partners, L.P.
has agreed to construct in Creek Meadows Subdivision Section 1A and 1B
the following improvements: Sanitary Sewer
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH that if the
said Principal shall construct, or have constructed, the improvements herein described and shall
save the Obligee harmless from any loss, cost or damage by reason of its failure to complete said
work, then this obligation shall be null and void; otherwise to remain in full force and effect.
Signed, sealed and dated this 10th day of April , 2007 .
Creek Meadows Partners, L.P.
Principal
BY:
Developers Surety and Indemnity Company
Kenneth eyer Attorney in Fact
BY: „V i�L
C.IDocumen(s and Settin,'s;csr4'•.Luca/5'enings!Temporary Internet Filcs''OLK1514-22-04 SUBDIVISION BONDI.doc
09/23/2005 11:27 949-756-2162 IHSCO HO UNDWRTG MKT PAGE 01/01
Texas Department of Insurance
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Certificate No. 12750 ` i¢.?- Company No. 10-.095568
Certificate of Authority
THIS 1S TO CERTIFY THAT
DEVELOPERS SURETY AND INDEMNITY COMPANY
WEST DES MOINES, IOWA
has complied with the laws of the State of Texas applicable thereto and is hereby authorized to transact the
business of
Fidelity & Surety and Reinsurance on all lines
authorized to be written on a direct basis
insurance within the state of Texas. This Certificate of Authority shall be in full force and effect until it is
revoked,canceled or suspended according to law.
;; --
IN TESTIMONY WHEREOF,witness my hand and seal of
- ,,`• ., office al Austin,Texas,this
-- ✓ 9fh day of February A.D. 2001
JOSE MONTEMAYOR
Co, MMISSTO �*FINS % CE
I AdP
-- t- c'
BY �'J�1I ' t .4111 I !
Godwin •haechesi, Director
Company Licensing &Registration
POWER OF ATTORNEY FOR
DEVELOPERS SURETY AND INDEMNITY COMPANY
I'O BOX 19725,IRVINE,CA 92623 (949)263-3300
www.InscoDico.com
KNOW ALL MEN BY THESE PRESENTS,that except as expressly limited.DEVELOPERS SURETY AND INDEMNirY COWIPANY does hereby make,constitute
and appoint:
***Kelly J. Brooks, Kenneth L. Meyer, C.A. McClure, jointly or severally***
as its true and lawful Attorney(s)-in-Fact,to make,execute,deliver and acknowledge,for and on behalf of said corporation as surety,bonds,undertakings and contracts
of suretyship giving and granting unto said Attorney(s)-in-Fact full power and authority to do and to peribmn every act necessary.requisite or proper to be done in
connection therewith as the corporation could do,but reserving to the corporation full power of substitution and revocation,and all of the acts of said Attorney(s)-in-
Fact,pursuant to these presents,are hereby ratified and confirmed.
This Power of Attorney is granted and is signed by facsimile under and by authority of the fbllowing resolution adopted by the Board of Directors of DEVELOPERS
StMEIN AND INDfiMNITY COMPANY effective as of November I.2000:
RESOLVED,that the Chairman of the Board,the President and any Vice President of the corporation be,and that each of then hereby is,authorized to execute
Powers of Attorney,qualifying the Attomey(s)-in-Fact named in the Powers of Attorney to execute,on behalf of the corporation,bonds,undertakings and contracts of
suretyship;and that the Secretary or any Assistant Secretary of the corporation be.and each of them hereby is,authorized to attest the execution of any such Power of
Attorney;
RESOLVED.FURTHER,that the signatures of such officers may he affixed to any such Power of Attorney or to any certificate relating thereto by facsimile,
and any such Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when so affixed and in the future with
respect to any bond,undertaking or contract of suretyship to which it is attached.
IN WITNESS WHEREOF,DEVELOPERS SURETY AND INDEMNITY COMPANY has caused these presents to be signed by its respective Executive Vice President
and attested by its Secretary this 1st day of December.2005.
AND
By: c !—�_ 7� a�i '' 1.<,"
David H.Rhodes,Executive Vice-President e a e OCT. ?<=
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sot 1936 :a4.
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Walter A.Crowell.Secretary
STATE OFCALIFORNIA
COUNTY OF ORANGE
On December 1.2005 before me,Gina L.Gamer,Notary Public(here insert name and title of the officer), personally appeared David H.Rhodes and Walter
A.Crowell,personally known to me(or proved tonic on the basis of satisfactory evidence)to be the persons)whose names)is/are subscribed to the within instrument
and acknowledged to me that he/she/they executed the sane in his/her'their authorized capacity(ies),and that by his/her/their signature(s)on the instrument the person(s),
or the entity upon behalf of which the person(s)acted,executed the instrument.
WI'iNESS my hand and official seal.
GINA L.GARNER
COMM-#1569561
Signature (SEAL u'- NOTARY PUBLIC CALIFORNIA
4-1,I ORANGE COUNTY 3
My comm.expires May 13,2009
CERTIFICATE
The undersigned.as Assistant Secretary,of DEVELOPERS SURETY AND INDEMNITY COMPANY.does hereby certify that the foregoing Power of
Attorney remains in full force and has not been revoked.and furthermore,that the provisions of the resolution of the respective Boards of Directors of said corporation
set forth in the Power of Attorney,is in force as of the date of this Certificate.
This Certificate is executed in the City of Irvine.California,the 10th day of April . 2007
By
Albert Hillebrand,Assistant Secretary
ID 1438(DSI)(Rev.12/05)
1
IMPORTANT NOTICE AVISO IMPORTANCE
To obtain information or make a complaint: Para obtener informacion o para someter una queja:
You may call the Surety's toll free telephone number Usted puede Ilamar al numcro de tclefono gratis de
for information or to make a complaint at: para information o para someter una queja al:
1-800-782-1546 1-800-782-1546
You may also write to the Surety at: Usted tanbien puede escribir a Surety at:
P.O.Box 19725 P.O.Box 19725
Irvine,CA 92623-9725 Irvine,CA 92623-9725
You may contact the Texas Department of Insurance Puede comunicarse con el Departamento do Seguros
to obtain information on companies,coverage,rights de Texas para obtener information acerca de
or complaints at: companias,coberturas,derechos o quejas al:
1-800-252-3439 1-800-252-3439
You may write the Texas Department of Insurance at: Puede escribir al Departmento de Seguros de Texas
P.O.Box 149104 P.O. Box 149104
Austin,TX 78714-9104 Austin,TX 78714-9104
Fax#512-475-1771 Fax#512-475-1771
PREMIUM OR CLAIM DISPUTES:Should you have DISPUT AS SOBRE PRIMAS 0 RECLAMOS: Si
a dispute concerning your premium or about a claim tiene una disputa concerniente a su prima o a un
you should contact the Surety first. If the dispute is reclamo,debe comunicarse con el Surety primero.Si
not resolved,you may contact the Texas Department no se resuelve la disputa,puede entonces comunicarrse
of Insurance. con el departamento(TDI).
AT•TACli [Ills NOTICE TO YOUR POLICY: This UN A ESTE AVISO A SU POLIZA: Este aviso es solo
notice is for information only and does not become a para proposito de informacion y no se convierte enparte
part or condition of the attached document. o condicion dcl documento adjunto.
VGJL
InSCchIC0
3 _r1GJ
Insco Insurance Services, Inc.
Underwriting Manager for:
Developers Surety and Indemnity Company• Indemnity Company of California
17780 Fitch, Suite 200
Irvine, CA 92614
1-800-782-1546
www.InscoDico.com
ID-1404(TX)(4/01)•