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HomeMy WebLinkAboutOhio Farmers Insurance Co.Public Official Schedule Bond (Position Form) Ohio Farmers Insurance Co. West'field Center, Ohio 44251-5001 Bond Number: 5963697 THE OBLIGATION CONDITION OF THE OBLIGATION WHEN COVERAGE EFFECTIVE EXTENT OF SURETY'S LIABILITY ADDITION OF POSITIONS - CHANGE OF AMOUNTS 1. KNOW ALL MEN BY THESE PRESENTS, that OHIO FARMERS INSURANCE COMPANY, an Ohio corporation, authorized to transact business as Surety in the State of Indiana , as Surety, is held and firmly bound unto City of Jeffersonville Police Department as Obligee, in the respective sums set opposite the positions listed in the appropriate schedule, or in an endorsement, for the payment of which well and truly to be made the Surety does hereby bind itself, its successors, and assigns, firmly by these presents. SIGNED, SEALED AND DATED the 19th , day of July ,2002 2. The condition of this 051igation is such that if each employee occupying any such position shall faithfully discharge the duties thereof while such position is covered hereunder and shall promptly account for and pay over, according to law, all money or property received by them by virtue of such position or, in default thereof, shall pay all damages, costs, and expenses resulting from such default or defaults, then this obligation shall be void, otherwise to remain in full force and effect, subject, however, to the terms and conditions hereinafter set forth. 3. This bond shall be effective as of May 13 ,2002 . Positions named in the attached schedule are covered on and after the effective date; positions added by being included in a new schedule identified by the signature of the Surety by an Officer or Attorney-in- Fact and attached as of any premium anniversary date, shall be covered on and after that anniversary date; positions added by endorsement shall be covered on and after the date specified therein. 4. The coverage on each position is Continuous from its inception of coverage to termination thereof, and the coverage for separate periods shall not be cumulative. The liability of the Surety for the failure of any employee to'account for and pay over shall be limited to the failure to account for and pay over funds actually in such employee's possession during the period within which he is covered. If the coverage on any position for separate periods be for different amounts, the maximum liability of the Surety for all the defaults of any employee who may occupy that position shall not exceed the largest amount of coverage in force during any period within which defaults shall have occurred, nor shall the coverage for one period be available for defaults occurring within any other period. A failure to account in one period shall not be considered a default occurring during that period unless the funds were actually in the possession of the employee during such period. If an employee occupy, at one time or at different times, two or more covered positions, the maximum liability of the Surety for all defaults of that employee shall not exceed in the aggregate the largest amount of coverage on any position in which defaults of that employee shall have occurred, nor shall the coverage for one position be available for defaults in any other position. 5. Positions may be added to the schedule, or the amount of coverage on a position may be changed, upon the written application of the Obligee; such addition or change shall not be effective until the Surety has executed and mailed to the Obligee an endorsement accepting such addition or change, nor until the effective date specified therein. BD 5038 (1/95) Page i of 4 TEMPORARY AUTOMATIC COVERAGE DISCOVERING AND REPORTING LOSS, OR FACTS INDICATING LOSS TERMINATION CHANGES IN PRINTED PROVISIONS- HOW MADE 6. Any newly created position shall be covered automatically for the first sixty days for the smallest amount for which any position of that class is then covered, but in no event for more than Five Thousand Dollars ($5000), or if there be no other position of that class, for the largest amount for which any position is then covered, but in no event for more than Five Thousand Dollars ($5000). Recovery under this clause for defaults of any occupant of any such position may not be made unless claim be filed wi~:h the Surety within ten days after the expiration of such sixty day period, nor if during such sixty day period such position be covered by schedule or addition thereto as hereinbefore provided. 7. Upon discovery by the Obligee of any loss, or of facts indicating loss, the Obligee shall promptly, and in any event within ten days thereafter, notify the Surety thereof by registered mail addressed to the Surety's Home Office at Westfield Center, Medina County, Ohio 44251- 5001. 8. The coverage on any position shall terminate if such position is omitted from the schedule attached as of any anniversary date. The coverage on any employee shall terminate when the employment terminates or the Obligee discovers or becomes aware of any default committed by such employee. The coverage on any employee, or on any position, or the bond in it entirety, may be terminated by written notice from either of the parties to the other. Such notice from the Surety shall become effective thirty days after receipt thereof by the Obligee; such notice from the Obligee shall become effective immediately upon receipt thereof by the Surety. 9. The liability of the Surety shall not be affected by any attempt by anyone representing or purporting to represent the Surety to construe or interpret this bond, nor by any change in the printed provisions of the bond made otherwise than by written instrument duly executed by a Vice-President of the Surety or by a printed endorsement duly executed by an Attorney-in-Fact. OHIO FARMERS INSURANCE COMPANY ~,,_~r~ ~owell AttorneyAn.Fac[ BD5038 (1/95) Page 2 of 4 SCHEDULE OF POSITIONS COVERED HEREUNDER ACCEPTANCE NUMBER POSITION CITY STATE AMOUNT 1. Police Chief Jeffersonville IN $5,000 2. Assistant Police Chief Jeffersonville IN $1,000 3. Chief of Detectives Jeffersonville IN $1,000 4. Shift Commander Jeffersonville IN $1,000 5. Shift Commander Jeffersonville IN $1,000 6. Shift Commander Jeffersonville IN $1,000 7. Shift Commander Jeffersonville IN $1,000 8. Police Major Jeffersonville IN $1,000 9. Police Major Jeffersonville IN $1,000 t0. Police Major Jeffersonville IN $1,000 11. Police Major Jeffersonville IN $1,000 12. Police Major Jeffersonville IN $1,000 13. Police Major Jeffersonville IN $1,000 14. Police Major Jeffersonville IN $1,000 15. Police Major Jeffersonville IN $1,000 16. Police Captain Jeffersonville IN $1,000 17. Police Captain Jeffersonville IN $1,000 18. Police Captain Jeffersonville IN $1,000 19. Police Captain Jeffersonville IN $1,000 20. Police Lieutenant Jeffersonville IN $1,000 Rate $ per hundred, Annual Minimuxn Premium per position, $ Annual Minimum Earned Prem/um per position, $. 5038 (1/95) Page 3 o£4 SCHEDULE OF POSITIONS COVERED HEREUNDER ACCEPTANCE NUMBER POSITION CITY STATE AMOUNT 21. Police Lieutenant Jeffersonville IN $1,000 22. Police Lieutenant Jeffersonville IN $1,000 23. Police Sergeant Jeffersonville IN $1,000 24. Police Sergeant Jeffersonville IN $1,000 25. Police Sergeant Jeffersonville IN $'1,000 26. Police Sergeant Jeffersonville IN $1,000 27. Police Sergeant Jeffersonville IN $1,000 28. Police Sergeant Jeffersonville IN $1,000 29. Police Sergeant Jeffersonville IN $1,000 30. Police Sergeant Jeffersonville IN $1,000 31. Police Corporal Jeffersonville IN $1,000 32. Police Corporal Jeffersonville IN $1,000 33. Police Corporal Jeffersonville IN $1,000 34. Police Patrolman Jeffersonville IN $1,000 35. Police Patrolman Jeffersonville IN $1,000 36. Police Patrolman Jeffersonville IN $1,000 37. Police Patrolman Jeffersonville IN $1,000 38. Police Patrolman Jeffersonville IN $t ,000 39. Police Patrolman Jeffersonville IN $1,000 40. Police Patrolman Jeffersonville IN $1,000 Rate $ per hundred, Annual Minimum Premium per position, $ Annual Minimum Earned Premium per position, $ BD 5038 (1/95) Page 3 of 4 SCHEDULE OF POSITIONS COVERED HEREUNDER ACCEPTANCE NUMBER POSITION CITY STATE AMOUNT 4'1. Police Patrolman Jeffersonville IN $1,000 42. Police Patrolman Jeffersonville IN $1,000 43. Police Patrolman Jeffersonville IN $1,000 44. Police Patrolman Jeffersonville IN $1,000 45. Police Patrolman Jeffersonville IN $1,000 46. Police Patrolman Jeffersonville IN $1,000 47. Police Patrolman i Jeffersonville IN $1,000 48. Police Patrolman Jeffersonville IN $1,000 49. Police Patrolman Jeffersonville IN ~ $1,000 50. Police Patrolman Jeffersonville IN $1,000 51. Police Patrolman Jeffersonville IN $1,000 52. Police Patrolman Jeffersonville IN $'1,000 53. Police Patrolman Jeffersonville IN $1,000 54. Police Patrolman Jeffersonville IN $1,000 55. Desk Officer Jeffersonville IN $1,000 56. Desk Officer Jeffersonville IN $1,000 57. Training and Public Relations Jeffersonville IN $1,000 58. Dispatcher Jeffersonville IN $1,000 59. Dispatcher Jeffersonville IN $1,000 60. Dispatcher Jeffersonville IN $1,000 Rate $ per hundred, Annual Minimum Premium per position, $ Annual Minimum Earned Premium per position, $ BD 5038 (I/95) Page 3 of 4 SCHEDULE OF POSITIONS COVERED HEREUNDER ACCEPTANCE NUMBER POSITION CITY STATE AMOUNT 61. Dispatcher Jeffersonville IN $1,000 62. Dispatcher Jeffersonville IN $1,000 63. Dispatcher Jeffersonville IN $1,000 64. Police Clerk Jeffersonville IN $1,000 65. Secretary Jeffersonville IN $1,000 66. Secretary Jeffersonville IN $1,000 Rate $ per hundred, Annual Minimum Premium per position, $ Armual Minimum Earned Premium per position, $ BD 5038 (1/95) Page 3 of 4 General Power of Attorney CERTIFIED COPY POWER NO. 0000022 01 Ohio Farmers Insurance Co. Westfield Center, Ohio Know Ali Men by These Presents, That OHIO FARMERS INSURANCE COMPANY, a corporation duly organized and existing under the laws of the state of Ohio, and having its principal office in Westfleld Center, Medina County, Ohio, does by those presents make, constitute and appoint TAMMY M. POWELL of LOUISVILLE and State of KY its true and lawful Attomey(s)-in-Fact, with full power and authority hereby conferred in its name, place and stead, to execute, acknowledge and deliver any and all bonds, recogniza~nces, undertakings, or other instruments or contracts of suretyship to include waivers to the conditions of contracts and consents of surety and to bind the Company thereby as fully and to the same extent as if such bonds were signed by the Presidont, sealed with the corporate seal of the Company and duly attested by its Secretary, hereby ratifying and cdnfirming all that the said Attorney(s)-in-Fact may do in the premises; Said appointment is made under and by authority of the following resolutions adopted by the Board at Directors of the Ohio Farmers Insurance Company: "Be tt Resolved, that the Presidont, any Vico-Prosident, any Secretary or any Assistant Socretary shall be and is hereby vested with full power and authority to appoint any one or moro suitablo persons as Attorney(s)-in-Fact to represent and act for and on behalf of the Company subject to the following provisions: 'Section f. Attorney-in-Fact. Afforney-in-Fact may be givon full power and authority for and in the name of and on behalf of the Company, to execute, acknowledge and deliver, any and all bonds, recognizances, contracts, agreements of Indemnity and other conditional or obligatory undertakings ahd any and all notices and documents canceling or terminating tho Company's liability thereunder, and any such instruments so executed by any such Afforney-in-Fact shall be as binding upon the Company as if signed by the President and sealed and attested by the Corporate Secretary.~ (Adopted at a meeting held on the 3rd day of July, 1957.) "Be it Resolved, that the power and authority to appoint Attornay(s)-in-Fact granted to certain officers by a resolution Of this Board on the 3rd day of July, 1957, is hereby also granted to any Assistant Vice-President.' (Adopted at a meeting held on the 13th day of July, f976.) This power of attorney and certificate is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of the Ohio Farmers Insurance Company at a meeting duly called and held on the 9th day of June, 1970: "Be it Resolved, that the signature of any authorized officer and the seal of the Company heretofore or hereafter affixed to any power of attorney or any certificate relating thereto by facsimile, and any power of attorney or certificate bearing facsimile signatures or facsimile seal shall be valid and binding upon the Company with respect to any bond or undertaking to which it is aftached.~ in Witness Whereof, OHIO FARMERS iNSURANCE COMPANY has caused these presents to be signed by its Vice President, and its corporate seal to be hereto affixed this 07th day of JUNE A.D., 1993 . Corporate Seal Affixed State of Ohio County of Medina SS,: OHIO FARMERS INSURANCE COMPANY By F~ch~?d L. t<inn~ h d, Jr. J Vice P~.s~ident On this 07th day of JUNE A.D., 1993, before me personally came Richard L, Kinnaird, Jr., to me known, who, being by me duly sworn, did depose and say, that he resides in Medina, Ohio; that he is Vice President of OHIO FARMERS INSURANCE COMPANY, the company described in and which executed the above instrument; that he knows the seal of said Company; that the seal affixed to said instrument is such corporate seal; that it was so affixed by order of the Board of Directors of said Company; and that he signed his name thereto by like order. Notarial Seal State of Ohio County of Medina CERTIFICATE James M. Walker Notary Public My Commission Does Not Expire Sec. 147.03 Ohio Revised Code I, Richard A. Wallet, Assistant Secretary of the OHIO FARMERS INSURANCE COMPANY, do hereby certify that the above and foregoing is a true and correct copy of a Power of Attorney, executed by said Company, which is still in full force and effect; and furthermore, the resolutions of the Board of Directors, set out in the Power of Attorney are in full force and effect. in Witness Whereof, nave hereunto set my nana an(3 affixed the seal of said Company at Westfield Center, Ohio, this Jq~ day of Richard A. Wallet Assistant Secretary BPOAO3 (03-99)