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HomeMy WebLinkAbout2001 ContractTHE AMERICAN INSTITUTE OF ARCHITECTS ~ AIA Document A310 Bid Bond BOND # MAKl KNOW ALL MEN BY THESE PRESENTS, that we MAKOWSKY OIL COMPANY INC P.O. BOX 37 JEFFERSONVILLE, IN 47130 (Here insert full name ,and address or legal title of Contractor) as Principal, hereinafter called the Principal, and THE MOUNTBATTEN SURETY COMPANY, INC 33 ROCK HILL ROAD BALA CYNWYD, PA 19004 a corporation duly organized under the laws of the State of PENNSYLVANIA as Surety, hereinafter called the Surety, are held and firmly bound unto THE CITY OF JEFFERSONVILLE CITY HALL JEFFERSON, IN 47130 (Here insert full name ,and address or legal title of Omer) as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Bid--------------Dollars ($. 5 ~ .), 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 SUPPLY OF PETROLEUM PRODUCTS (Here insert full name, address and description of 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 material famished 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, otherwise to remain in full force and effect. Signed and sealed this 26th day of February, 2001. L ~ ~~'~, (Witness) (Sur ~ ( a ~~ Witness) v ~- (Title)ANTHONY G. BA ZANO AIA DOCUMENT A310 BID BOND AIA ® FEBRUARY 1970 ED THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W. WASHINGTON, D.C. 20006 WARNING: Unlicensed photocopying violates U.S. copyright laws and is subject to legal prosecution. .~- ,,, __~ _____. a~u{ THE MOUNTBATTEN SURETY COMPANY, INC. Poorer of Attorney KNOW ALL MEN BY THESE PRESENTS: That The Mountbatten Surety Company, Inc, a corporation of the Commonwealth of Pennsylvania, has made, constituted and appointed, and by these presents does make, constitute and appoint Anthony G_ Balzano of Cincinnati, Ohio its true and lawful Attorney-in-Fact, to make, execute and deliver on its behalf insurance policies, surety bonds, undertakings and other instruments of a similar nature as follows: NOT TO EXCEED FIVE MILLION DOLLARS ~$ 5,000,000.00) Such insurance policies, surety bonds, undertakings and instruments for said p. urposes, when duly executed by the aforesaid Attorney-in Fact< shall be binding upon the said Corporation as fully and to the same extent as •if signed by the duly authorized officers of the Corporation and sealed with Its corporate seal; and all the acts of said Attorney-in-Fact, pursuant to the authority hereby given, are hereby ratified and confu-med. This appointment is made pursuant to the following By-Laws. which were duly adopted by the Board of Directors of the said Corporation on August 28,1992 with alt Amendments (hereto and are still in full force and effect: a4rticle):II: Policies, Bonds, Recognitions, Stipulations, Consents of Surety, Underwriting Undertakings, and Instruments Relating Thereto. Section 12-L Insur~Inee policies, bonds; recognitions, stipulations, consents of surety and underwriting undertakings of the Corporation, and releases, agreements and other writings relating in any way therefio or to any c]alnt or loss thereunder, shall be signed in the name and on behalf of the Corporation: a) by the ChauzYlan of the Board, the President or a Vice President, and by the Secretary or an Assistant Secretary; or b) by an Attorney-in Fact for the Corporation apppointed and authorized by the Chairmazt of the Board, the President, or a Vice President tp make such signature; or c) by such other offiicers or representatives as the Board may from time to time determine. The seal of the Corporafion shall if appropriate be affixed thereto by any such officer, Attorney-in-Fact or representative. The authority of suds Attonu~--ilrFact and Agents shall be as prescribed in the instrument evidencing their appointment. Any such appointment and a71 authority granted thereby may be revoked at any time by the Board of Directors or by any person empowered to make such appointment" IN WITNESS WIiEREOF, The Mountbatten SuretiS~ Company, lna has caused these presents to be duly signed and its corporate seal to be hereunto affixed and duly attested this 10th day of March, 1996. ~~` TEiE MO ATTIN SURETY COMPANY, INC. ~`°""~ ~~ / (Seal) _ ~ ~ ~ Attest: By' ~ ~ '~,~,~ +~ mmonw iii of Pennsy L 'er, President unty of Montgom~.y C+n this 10th day of Man3i,1996, before me personally appeared Kenneth I:. Brier, President of The Mountbatten Surety Company, Inc. whit whom I am personally aoquainbed,who, by ms duly sworn, said that he resides in the Commonwealth of Pennsylvania, that he is Prestd~eiltof Tile Mouitbatten Surety Company~,~c, the co ration descii~ed in and which aceaibed the ing instcv~ent; that he htiows the corporate seal of the said Corporation; that the seal affixed to said instrriate<tt is such rate~tha} it was so affixed by orderof the Board of Directions of said Corporation; and that he signed his name thereto as Presid of said Corporation by like authority. Notarial Seal ~ lAtilse M. Phit ~' ,Notary•PuWtc - NotaryPubIic .Lower Marion Twp.;141onfgomeryCounty My Commission Fxpices Oct. 23.2000 CERTIFICATE Metn6er'P.en~sylvania ilssodation of Notarie~ ~u~igitied$~rofThe Mouittbatteil un:tyC7oaip_any,Ina. do herebyoerti[yti~atthe PowerofAtbomeyof whichthe is a full, true aorrecE Dopy, is is full [oroe and eFt~ect on the date of this=GerEifu~be and do furfiuer certify that the Ofd who eiaecubed the said Power of Atbonneywas one of the Officers auk by the Board of Directors to tan in-Fact as prov>dd~ed fn Section IZ-1 of the Byylaws of The Mounfbatten Surety Company, Inc. This CertifiCabe maybe s~ and s~ e under andbyauthority of Bye foIlowhigpnyvisions of the By-Laws ofThe MountbaftenSuretyCoalpany, Inc» "Sediolz I?r2 The use of a printed facsimile of the eorporafie seal of the Corporation and of the signature of the Secrekuy or an Assistant onanpaerEiFirationof tlueeon>e~s ofaoopy of aninstruiYUent execu6ed byanaufiwiizedpersonp tto Amide ~ Section 1 of See By-haws pointing and authorizing an Pact to sign in the name and on behalf ofCArporatia~n sureEy . bonds, undemiting und, or other instrua~Its d said Section 12 X, wifli like eft~ecE as if suds seal and such signature had been manually affviced and made." lit Wittness Whereof,, I have hereunto set my hand and affixed the corporate seal of the Corporation to these presents (Stamp) this ~_ day of February . I9~ ~p 01 This power of attorney i~ only valid with Code # ~ the original, red stamp affixed hereto. cs~ L Gary L 8 Secretary • w' THE MOLJiVT8.1TTEN SUI1L' 7 1' COMP,'~NY, INC. I'INJI~TCL~1L S'I".~TEMEiVT T~)•/ ~Iot~. ~TBATTEN SUT~7Y GO~~fPANY, INC. sT.3TUTORY B aslS D LC EMB ER 31.1999 AD(~fITTED ASSETS l;o~~ds, ~~ . rrortix~Yl casz C,:,h and short Cerny invescmegLS, a[ cost, which yppro:cimates marI:et Total cash and investments l~rC:Yl1I117I1 receivable Salvage- .uid subrogation receivable l\l]n~llrlilCi'. recoverables tAculled inveszmeni izlCOrnr -l~Yl'1?a.i (~ ~`(1)CT1SCs other ;assets "I'oc~t a~~~iirted :LSets LIASII.ITIFS C:APITAI. AI\'D SURPLUS S 515,000 Loss and loss adjustnnent e~pc:nsrs S x,276,839 Uciearned prerruums 2,219,543 3,324.382 Premium ta_Ves payable 22,963 Federal income tares payable 658,108 3,339,$82 Duc to reinsurer 2,645,987 Due to paretic a~td affiliates 676,671 1,717,507 C?cher liabilixies 40,513 13,551,383 2,92?,471 Tocalliabilicics 10,570,624 27,Oi; 2 69,76 Capra( 1,200,000 5.35E> Surplus 9,3!,2.533 Total capital and surplus 10.562.533 $ 21,133,157 'total liahilicics, Capital and strrplus $ 21,333,157 Joel D. Cooperman, beiTtg duly sworn, says: That he is the Vicc President and Chief Accounting Officer of 7'1-~IE MC)[,NTBATTEN SURETY C~O~IJ.'ANY, FNC., and chat the foregoing statement to the best: of Ivs k»owledge and belief is a full, true; and Correct statement of d1e fizt:~rtcial condition of the said. Cnmp:uty on the 31n day of Decert~ber .i 1, 1999, ~,{„~VR, ',O.•~R .t _y- "F ~ Seal Stare: Pennsylv~trtia C:~yiln~.y Montgomery S~vc~rn ~Yti~i s~iUscribud before me this 7th d,~y~ of March, 2000 ~\ Jod D. VicC Pn:sidetff aiuiCf~ir~Am~wriixit30Ku~ Notarial Seal Arnltorrryry T.. Stewart., Nomry t'ubUc Lower Met4on Twp., i+Aontgome 5 County MY Commisslon Expires Auk. , 2002 Merrlber,P. n AS;,ociatfonoftJotar4es AnthORy SCCWarL, 1~IOtary PLtpl1C Tttitm THRt,B Roca H=u. 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