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Home My WebLink About17) Bid Bond Mac Construction & Excavating ~ THE AMERICAN INSTITUTE OF ARCHITECTS r" , . AlA Document A310 Bid Bond KNOW ALL MEN BY THESE PRESENTS, THAT WE Mac Construction & Excavatinq, Inc. 1908 Unruh Court New Albany, IN 47150 as Principal, hereinafter called the Principal, and Safeco Insurance Company of America Safeco Plaza Seattle, WA 98185 a corporation duly organized under the laws of the State of as Surety, hereinafter called the Surety, are held and firmly bound unto City-County Building Jeffersonville, IN 47130 as Obligee, hereinafter called the Obligee, in the sum Of WA JerrersonVllle urallage !:Soara ot the City of Jeffersonville, Indiana Five Percent of Amount Bid Dollars ($ 5.00% ), for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has submitted a bid for Bonenberger's Oak Grove Subdivision Drainage Project ~. NOW, THEREFORE, if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obligee in accordance with the terms of such bid, and give such bond or bonds as may be specified in the bidding or Contract Documents with. good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and materials furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such bond or bonds, if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid, then this obligation shall be null and void, otheiWise to remain in full force and effect. ' Signed and sealed this 22nd day of December -IQ03_ (Title) Ai< a 9 7Ror;-IJJl~ (Witne J Safeco Insurance Company of America I Byn~~ cA, Ow~:I) Attorney-in-Fact PamelCiS. Canter (Title) n......i.. . I; AlA DOCUMENT A310 . BID BOND. AlA. FEBRUARY 1970 ED. . THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D.C. 20006 r, f" ~\ f . 1 IMPORTANT NOTICE TO SURETY BOND CUSTOMERS REGARDING THE TERRORISM RISK INSURANCE ACT OF 2002 As a surety bond customer of one of the SAFECO insurance companies (SAFECO Insurance Company of America, General Insurance Company of America, First National Insurance Company of America, American States Insurance Company or American Economy Insurance Company). it is our duty to notify you that the Terrorism Risk Insurance Act of 2002 extends to "surety insurance", This means that under certain circum- stances we may be eligible for reimbursement of certain surety bond losses by the United States government under a formula established by this Act. Under this formula, the United States government pays 90% of Josses caused by certified acts of terrorism that exceed a statutorily established deductible to be paid by the insurance company providing the bond. The Act also establishes a $100 billion cap for the total of all losses to be paid by all insurers for certified acts of terrorism. Losses on some or all of your bonds may be subject to this cap. This notice does not modify any of the existing terms and conditions of this bond. the underlying agreement guaranteed by this bond. any statutes govern ing the terms of this bond or any generally applicable rules of law. At this time there is no premium change resulting from this Act. .... ~.... 5-6248 3/03 - - --,.. ~ S A Fb c o' .. 'i POWER OF ATTORNEY SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA HOME OFFICE: sJJ=ECO PlAZA SEATTLE, WASHINGTON 98185 .r", i No. 9647 KNOW ALL BY THESE PRESENTS: . . That SAFECO IN.SURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA, each a Washington corporation, does each hereby appoint ..**..****TODD P. LOEHNERT; JOHN S. MEEHAN; RUTH ANN HERzOG; PAULA J. TEAGUE; JEFFREY C. DUNCAN; PAMELA S. CANTER; W ALTER M. ZOLLA; Louisville, Kentucky~*************************************.******************. ********"***********************************'**.************* *********.****~********** its true and lawful attomey(s)-in~fact,with full authority to execute oil its behalf fidelity and surety bonds or undertakings and other docu~n~ of a s.~rnilar character issued in the course of its business, and to bind the respective company thereby. . - IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA have each executed and attested these presents this 8th day of January , 2003 ~k jA<-f!rW\ck-., MIKE MCGAVICK, PRESIDENT CHRISTINE MEAD, SECRETARY CERTIFICATE Extract from the By-laws of SAFECO INSURANCE COMPANY OF AMERICA . and of GENERAL INSURANCE COMPANY OF AMERICA: "Article V, Section 13. - FIDELITY AND SURETY BONDS.... the President, any Vice President, the Secretary, and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations, Shall each have authority to appoint individuals as attorneys-in-fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other doCuments of similar character issued by the company in .the course of its business... On any instrument making or evidendng such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or #,~,Q(jertakingof the company, the seal, or a facsimile thereof, may be impressed Or affixed or in any other manner reproduced; provided, however, thatthe seal shall not l \ecessary to the validity of any such instrument or undertaking." . . . . Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSl,JRANCE COMPANY OF AMERICA adopted July 28, 1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out, (i) The provisions of Article V, Section 13 of the By-Laws, and (ii) Acopy of the power-of-attomey appointment, executed pursuant thereto, and (iii) Certifying that said power-of-attomeyappointmentis in full force imd effect, the signature of the certifying officer may be by facsimile, and the seal of the Company may be a facsimile thereof." I, Christine Mead. Secretary of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA, do hereby certify that the foregoing extracts of the By-laws and of a Resolution of the Board of Directors of these corporations. and of a Power of Attorney issued pursuant thereto, are true and correct, and that both.the By-Laws. the Resolution and the Power of Attomey are sbll in full force and effect. IN WITNESS WHEREOF, I have hereunto set my hand. and affixed the facsimile seal of said corporation this 22nd day of December 2003 f\ "I;. ,.... CHRISTINE MEAD, SECRETARY 5-09741SAEF 2/01 @ A registered trademark of SAFECO Corporation. 0110812003 PDF - - ---.