874-Core Construction Group - Public payment bond
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MARYANNE tlORSE, CLERK CF CIRCUIT COURT
SEMINOLE COUNTY
BK 06622 Pgs 1065 - 1068; (4pgs)
CLERK'S # 2007038338
RECORDED 00/13/2007 12:22:50 PM
RECORDING FEES 35.50
RECORDED BY T Smith
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FRONT PAGE OF
PUBLIC PAYMENT BOND
Florida Statute 255.05
BOND NO. 581542P
CONTRACTOR:
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Core Construction Group, Inc.
1126 S. Division Ave. Suite C
Orlando, FL 32805
407-428-9566
SURETY:
Developers Surety and Indemnity Company
PO Box 19725
Irvine, CA 92623
949.,263-3344
AGENT:
Nielson, Wojtowicz & Associates, Inc.
33 6th Street South, Suite 700
St. Petersburg, FL 33701
(727) 209-1803
OBLIGEE:
City of Sanford
300 N. Park Avenue
Sanford, FL 32772
407-330-5680
PROJECT:
Annual Contract for Construction and Repair of Concrete Items
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CF!~riHfO copy
MtRYANN~~ MORSE
ClERI< OF Ci:1GtJIT COuRll
SEM' cU. FLORI
~y
Bond No. 581542P
IFB 06/07-1 Construction and Repair of Concrete Items
THIS INSTRUMENT WITNESSETH: That we, Core Construction Group, Inc.
1126 S. Division Ave. Suite C Orlando, FL 32805 as Principal, odXx and
Developers Surety and Indemnity Company located in the State of
California , a corporation organized and existing under and by
virtue of the laws of the State of . Iowa and regularly authorized to do
business in Florida , as Surety, are
held and firmly bound unto the City of Sanford, Sanford, Florida, herein after called the
City, in the penal sum of Fifty thousand dollars and no/cents fi
50,000.00), , lawful money of the United States, well and truly to be paid unto the said
City, for the payment of which we bind ourselves, our heirs, executors, administrators,
successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the said Principal has entered into a written Contract with the City dated
January 17, 2007 , for the construction of the work designated as
construction and Repair of Concrete Items located in Sanford, Florida, in conformity with
the Contract Documents, General Requirements, and the Specifications hereby referred
to and made part hereof the same to all intents and purposes as if written at length
herein, in which Contract the said Principal has contracted to perform the work specified
in said Contract in accordance with the terms thereof;
NOW THEREFORE, the condition of this obligation is such that if the Principal shall
faithfully perform the contract on his (its) part, and satisfy all claims and demands
incurred by the Principal in the performance of said Contract, and shall pay all
obligations arising thereunder, and shall fully indemnify and save harmless the City from
all cost and damage which the City might suffer by reason of the failure of the Principal
to do so, and shall fully reimburse and repay to the City all costs, damages, and
expenses which the City may incur in making good any default by the Principal,
including any default based upon failure of the Principal, to fulfill his obligation to furnish
maintenance, repairs, or replacements for any period of time after the work is
completed, if provided for in said Contract, and shall promptly make payment to all
persons supplying labor or materials for use in the prosecution of the Work or the
performance of the Contract as provided for in such Contract, then this obligation shall
be null and void, otherwise it shall remain in full force and effect.
In addition, the Principal and Surety, jointly and severally, expressing guarantee that all
materials furnished and workmanship performed under the Contract and in the
construction of the work shall fulfill all requirements of the Contract and Contract
Documents with respect to them for a period of two years from the date of final
acceptance.
It is hereby stipulated and agreed that any suit based upon any default of the Principal
in fulfilling his obligation to furnish maintenance, repairs, or replacements for any period
of time after the work associated with the project - Construction and Repair of Concrete
Items is completed, if provided for in the Contract, may be brought any time up to six (6)
months after the expiration of the time specified in the Contract during which the
Contractor has agreed t~ furnish such maintenance or made such repairs or
replacements.
The said Surety, for value received, hereby stipulates and agrees that no change,
extension of time, alteration or addition to the terms of the contractor or to the work to
;,~.., be performed thereunder or the specifications accompanying the same shall in any way
....1'~~y.;'.:r.;t}!~ffect its o~ligations.on this Bond, and it does hereby waive notice of any such change,
:, extension of time, alteration or addition to the terms of the Contract or to the work or to
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...".,,' . l) f 'specifications. The term of this bond shall be for one year. Subsequent to the conclusion
:'" ,',/ .....@.f ~~l1e year tem the bond may be renewed for' additional year subject to a mutual written**
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. C :,.,~ ,~.~': ~~p this 8th day of March 20 07 .
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Surety Developers Surety and Indemnity Company
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THIS BONDING MUST BE IN PLA E PRIOR TO T~~o~~~~~ ~a~00RK a~:,~I' !':'~O~,
CONTRACTOR ;;:~'~~n' .. ~ ~ o(~ ;:
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** agreement of all parties to the bond for a total of two additional annual renewals. ,.'
Tn is bond is given to comply with
section 255.05 Florida Statutes. clnd any
action instituted by a claimant
uiltier this l10nd for payment must
be in accordance with the notice
and time limitation provisions in
Section 255.05(2), Florida
Statutes.
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POWER OF ATTORNEY FOR
DEVELOPERS SURETY AND INDEMNITY COMPANY
PO 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 INDEMNITY CO?v1PANY does hereby make, constitute
and appoint:
***Charles J. Nielson, Warren M. Alter, Charles D. Nielson, Brett M. Rosenhaus, Kevin R. Wojtowicz, 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 perform every act necessary, requisite or proper to be done in
connection therewith as the corporation could do, but reseIVing 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 confmned.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolution adopted by the Board of Directors of DEVELOPERS
SURETY AND INDEMNITY CO?v1PANY effective as of November 1, 2000:
RESOLVED, that the Chairman of the Board, the President and any Vice President of the corporation be, and that each of them hereby is, authorized to execute
Powers of Attorney, qualifYing the Attorney(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 be 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 1 st day of December, 2005.
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By: C~~~)
David H. Rhodes, Executive Vice-President
By:
Walter A. Crowell, Secretary
STATE OF CALIFORNIA
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COUNTY OF ORANGE
On December 1,2005 before me, Gina L. Gamer, (here insert name and title of the officer), personally appeared David H. Rhodes and Walter A. Crowell,
personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and
acknowledged to me that helshelthey executed the same in hislher/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.
WITNESS my hand and official seal.
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(SEAL) !:i NOTARY PUBLIC CALlFORNlA;:J
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The undersigned, as Assistant Secretary, of DEVELOPERS SURETY AND INDEMNITY COMPANY, does hereby certify that the'~ok~~irtk;~~r.~f
Attorney remains in full force and has not been revoked, and furthermore, that the provisions of the resolution of the respective Boards of DireCtors Qf said xorpOl\Vli;)n
set forth in the Power of Attorney, is in force as of the date ofthis Certificate. . ",' '..' 'i'j,t .. '. ~il.
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. 'fi' d' th C' fIrvi C lif! . th 8th da f March 2007 1 '.- ~~, ) ';P
TIlls Certllcate IS execute m e Ity 0 ne, a orma, e - yo, 0\' . . _ ()!,. . ....<J <(: <i;:
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Signature
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By
Albert Hillebrand, Assistant Secretary
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