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06/30/04 Kostman to Abraham/Performance Bond ReleaseCity of Kalispell Post Office Box 1997 -Kalispell, Montana 59903-1997 - Telephone (406)758-7700 Fax (406)758-7758 June 30, 2004 Mr. John Abraham, Project Superintendent Rawlins Construction, Inc. 508 Twilight Trail, Suite 100 Richardson, TX 75080 Re: Perfonnance Bond Mountain View Plaza Dear Sir, Enclosed is Insurance Company of the West Performance Bond in the amount of Sixty Two Thousand Five Hundred and no/100th (Dollars) $62,500.00 that you posted with the City of Kalispell. Having met all requirements this Bond is now released. Sincerely, Carol L. Kostman Assistant Finance Director Enclosure: 1 cc: Mike Baker, Parks Director Amy H. Robertson, Finance Director Theresa White, City Clerk Narda Wilson, Senior Planner, Tri-City Planning 1.1 tJ Ali 1. l� 1V l 1. v v 1 P.O. Box 55563, San Diego, CA 92156-5-` Performance Bond KNOW ALL MEN BY THESE PRESENTS: Bond No. 1847479 That Rawlins Construction, Inc., 508 Rwilight Trail #100, Richardson, TX 75080 (Here insert the name am aooress or legal title of the Contractor) as Principal, hereinafter called Principal, and Insurance Company of the West a corporation of the State of California with (Here insert the name of the Suretyi its home office in the City of San Diego, California as Surety, hereinarter called Surety, are held and firmly bound unto _ City of Kalispell, 248 3rd Avenue East, Kalis ell, MT 59901 Attn: Craig Kurzman (Here insert the name ano address or legal title of the Owner) as Obligee, hereinafter called Owner, for the use and benefit of claimants as hereinbelow defined, in the amount of Sixty Two Thousand Five Hundred and No/100*************************************** S 62 , 500.00 (Here insert a sum eaual :o at least one-half of the contract price) Dollars ( _ ), for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severalty, firmly'by these presents. WHEREAS. Principal has by written agreement dated N/A N entered into a contract with Owner for See Attached Exhibit A In accordance with drawings and specifications prepared by N/A (Here insert iuii name, title and address) which contract is by reference made a part hereof, and is hereinafter' referred to as the Contract. NOW, THEnEFORE, THE CONDITION OF THIS OBLIGATION is such that, if Contractor shall promptly and faithfully perform said contract, then this obligation shall be null and void: otherwise it shall remain in full force and effect. The Surety hereby waives notice ,of any alteration or extension of time made by the owner. Whenever Contractor shall be, and declared by Owner to be in default under the Contract, the Owner having performed Owner's obligations thereunder. the Surety may promptly remedy the default, or shall promptly (1) Complete the Contract in accordance with its terms and conditions, or (2) Obtain a bid or bids for completing the Contract in accordance with its terms and conditions, and upon determination by Surety of the lowest responsible bidder, or, if the Owner elects, upon determination by the Owner and Surety jointly of the lowest responsible bidder, arrange for a contract between such bidder and Owner, and make available as work progresses (even though there should be a default or a succession of defaults under the contract or contracts of completion arranged under this paragraph) sufficient funds to pay the cost of completion less the balance of the contract price; but not exceeding, including other costs and damages for which the Surety may be liable hereunder, the amount set forth in the first paragraph hereof. The term `balance of the contract price," as used in this paragraph, shall mean the total amount payable by the Owner to Contractor under the Contract and any amendments thereto, less the amount properly paid by Owner to Contractor. `Any suit under this bond must be instituted before the expiration of twenty-five (25) months from the date on which the right of action agues. but if this provision is prohibited by any law, then it shall be deemed to be amended so as to be equal to the minimum period of limitation allowed by sucn law." No right of action shall accrue on this bond to or for the use of any person or corporation other than the Owner named herein or the heirs, executors, administrators or successors of Owner. Signed and sealed this In the presence of: 2nd day of October, 2003 XXXT9C Rawlins Construction, Inc. (SEAL) Pr' ipal CvT (SEAL) Title INSURANCE COMPANY OF THE WEST f Surety "l (SEAL, Lisa M.)onnot, Attorney —in —fact !C'YVTX 410A (Coiy2) 1. Trees in planter boxes with mulch in front of Borders, TJ Maxx & Ross 2. Trees, shrubs, mulch, top soil & grass sod at common area in front of Borders, TJ Maxx, Ross & Home Depot at service road. 3. Trees, shrubs, grass sod, topsoil & mulch in islands at Pier 1 site. 4. 'Trees, shrubs, grass sod, topsoil & mulch in islands at Retail 1 site. 5. , Trees, shrubs, grass sod, topsoil & mulch in islands at Petco site. 6. Trees out in front of site along highway 93 north. No. 0004775 a, ICW GROUP Power of Attorney Insurance Company of the West The Explorer Insurance Company Independence Casualty and Surety Company KNOW ALL MEN BY THESE PRESENTS: That Insurance Company of the West, a Corporation duly organized under the laws of the State of California, The, Explorer Insurance Company, a Corporation duly organized under the laws of the State of Arizona, and Independence Casualty and Surety Company, a Corporation duly organized under the laws of the State of Texas, (collectively referred to as the "Companies"), do hereby appoint DON E. CORNELL, LISA M. BONNOT, ROB91 MORALES, JERRY P. ROSE, SHEILA YOUNG, CHRIS J. KUTTER, LUKE J. NOLAN, JR., ANUJ JAIN their true and lawful Attomey(s)-in-Fact with authority to date, execute, sign, seal, and deliver on behalf of the Companies, fidelity and surety bonds, undertakings, and other similar contracts of suretyship, and any related documents. IN WITNESS WHEREOF, the Companies have caused these presents to be executed by its duly authorized officers this 16th day of January, 2001. 1l18U(i t1 Y A((,OiAPAN),, SEAL �yl ox A AN�aA yb e a$g John H. Craig, Assistant Secretary State of California County of San Diego ss. INSURANCE COMPANY OF THE WEST THE EXPLORER INSURANCE COMPANY INDEPENDENCE CASUALTY AND SURETY COMPANY John L. Hannum, Executive Vice President On January 16, 2001, before me; Norma Porter, Notary Public, personally appeared John L. Hannum and John H. Craig, personally known to me to be the persons whose names are subscribed to the within instrument, and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument, the entity upon behalf of which the persons acted, executed the instrument. Witness my hand and official seal. NORMAPORTER comm. #1257540 Ct NOTARY PUBLIC-CALIFORNIA � V f SAN pIEGO COUNTY My Commission Expires MARCH 19, 2004 Norma Porter, Notary Public RESOLUTIONS This Power of Attorney is granted and is signed, sealed and notarized with facsimile signatures and seals tinder authority of the following resolutions adopted by the respective Boards of Directors of each of the Companies: "RESOLVED: That the President, an Executive or Senior Vice President of the Company, together with the Secretary or any Assistant Secretary, are hereby authorized to execute Powers of Attorney appointing the person(s) named as Attomey(s)-in-Fact to date, execute, sign, seal, and deliver on behalf of the Company, fidelity and surety bonds, undertakings, and other similar contracts of suretyship, and any related documents. RESOLVED FURTHER: That the signatures of the officers making the appointment, and the signature of any officer certifying the validity and current status of the appointment, may be facsimile representations of those signatures; and the signature and seal of any notary, and the seal of the Company, may be facsimile representations of those signatures and seals, and such facsimile representations shall have the same force and effect as if manually affixed. The facsimile representations referred to herein may be affixed by stamping, printing, typing, or photocopying." CERTIFICATE L the undersigned, Assistant Secretary of Insurance Company of the West, The Explorer Insurance Company, and Independence Casualty and Surety Company, do hereby certify that the foregoing Power of Attorney is in full force and effect, and has not been revoked, and that the above resolutions were duly adopted by the respective Boards of Directors of the Companies, and are now in full force. IN WITNESS WHEREOF, I have set my hand this 2nd day of October 2003 John H. Craig, Assistant Secretary To verify the authenticity of this Power of Attomey you may call 1-800-877-1 111 and ask for the Surety Division. Please refer to the Power of Attorney Number, the above named individuals) and details of the bond to which the power is attached. For information or tiling claims, please contact Surety Claims, ICW Group, 11455 El Camino Real, San Diego, CA 92130-2045 or call (858) 350-2400. '''i'' i '• 1 i .' The Terrorism Risk Insurance Act of 2002 (the "Act") establishes a program under which the Federal Government will share in the payment of covered losses caused by certain acts of international terrorism. We are providing you with this notice to inform you of the key features of the Act, and to let you know what effect, if any, the Act will have on the premium. Under the Act, insurers are required to provide coverage for certain losses caused by international acts of terrorism as defined in the Act. The Act further provides that the Federal Government will pay a share of such losses. Specifically, the Federal Government will pay 90% of the amount of covered losses caused by certain acts of terrorism that is in excess of the statutorily established deductible for that year. The Act also caps the amount of terrorism -related losses for which the Federal Government or an insurer can be responsible at $100,000,000,000.00, provided that the insurer has met its deductible. Please note that passage of the Act does not result in any change in coverage under the attached policy or bond (or the policy or bond being quoted). Please also note that no separate additional premium charge has been made for the terrorism coverage required by the Act. The premium charge that is allocable to such coverage is inseparable from and imbedded in the overall premium. 35 1st Ave East — P 0 Box 1997 — Kalispell MT 59903-1997 of Kahsljo j Phone:.(406) 758-7718 Fax: (406) 758-7719 l Email: parknrec@kalispell.com Parks and Recreation June 28, 2004 . John Abraham, Project Superintendent Rawlins Construction. Inc. 508 Twilight Trail, Suite 100 Richardson, TX 75080 Fax: 755-3261 Re: Mountain View Plaza l- � The PUD agreement for the Mountain View' Plaza project (TJ Maxx, Borders, Retail 1, Pier 1 & Petco) stipulated certain landscaping improvements to be made and provided for a bond to ensure their completion. We have reviewed the status of this project and have determined that the required improvements related to landscaping satisfy the requirements of the Kalispell Parks Department and are completed at this time. Let this letter serve as notification that the bond may be released. If you have any questions, please feel free to call me. Sincerely, Michael Baker, Director Cc: Carol Kostman, Assistant Finance Diretor