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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 i t �l. NM 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. ?<= ; 10 6 = :a; sot 1936 :a4. � is) •.• liy: . ;•. 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)•