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1857 Performance Bond: Crown Castle FiberCITY OF r� a� C r "I NFORD FLORIDA fy,6„I PLANNING & DEVELOPMENT SERVICES 'T"RANSMITT"AL MEMORANDUM To: City Clerk : Request for Services The item(s) noted below is/are attached and forwarded to your office for the following action(s): ❑ Development Order ❑ ❑ Final Plat (original mylars) ❑ ❑ Letter of Credit ❑ ❑ Maintenance Bond ❑ Ordinance ❑ ® Performance Bond ❑ Resolution Once completed, please: ❑ Return original ❑ Return copy Mayor's signature Recording Rendering Safe keeping (Vault) Special Instructions: Attached is the Performance Bond for Crown Castle Fiber LLC for utility infrastructure work within the City's rights-of-way. It is provided as part of their registration as a Utility doing work in the City ROW. Please advise if you have any questions regarding the above. Thank you! r� From kit 201 Date • A U TOTHMNI EM rR I F-.T*Tk s Bond Number: CMS0333878 KNOW ALL BY THESE PRESENTS, That we Crown Castle Fiber LLC , as Principal, hereinafter called Principal, and RLI Insurance Company , a IL corporation, as Surety, hereinafter called Surety, are held and firmly bound unto city of Sanford , as Obligee, hereinafter called Obligee, in the amount of Twenty Five Thousand Dollars and 00/100 Dollars ($ 25,000.00 ) for the payment of which sum, well and truly to be made, the said Principal and Surety bind themselves, and their heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, as a condition of said Registration requires Principal to provide a Bond Per Chanter 30, Article II, Section 30-44 of the City of Sanford Ordinances NOW, THEREFORE, THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, That if Principal shall promptly and faithfully perform said agreement, then this obligation is void, otherwise to remain in full force and effect. PROVIDED, HOWEVER, That: 1. It shall be a condition precedent to any right of recovery hereunder, that in event of any default on the part of the Principal, a written statement of the particular facts of such default shall be forwarded to the Surety, within sixty (60) days of the occurrence of such default, delivered by registered mail to Surety at its Home Office in Peoria. iL 2. That no action, lawsuit or proceeding shall be had or maintained against the Surety on this Bond unless the same be filed and properly served upon the Surety within one year from the effective date of the cancellation of the Bond. 3. That no right of action shall accrue under this Bond to or for the use of a person or entity other than the Obligee, and its successors and assigns. 4. This Bond shall become effective December 19, 2018 5. This Bond shall continue in full force and effect until canceled by the Surety by providing thirty (30) days written notice to the Obligee. 6. The liability of the Surety shall in no event exceed the aggregate penal sum of the Bond penalty. 7. If any conflict or inconsistency exists between the Surety's obligation or undertakings as described in the Bond and as described in the underlying document, then the terms of the Bond shall prevail. IN WITNESS WHEREOF, The said Principal has signed and sealed this instrument on this 20 day of Dreemme 1 21018 Crown Castle Fiber LLC By: Name/Title IN WITNESS WHEREOF, The said Surety has signed and sealed this instrument on this 19th -day Of December 3 2018 ......... RU Insurance Company $� &RPORAr SEAL.* ................ .Josiva sanTfoTq,- Attorney -in -Fact _ta RLI Insurance Company Contractors Bonding and Insurance Company 9025 N. Lindbergh Dr. Peoria, IL 61615 Phone: 800-645-2402 Bond No. CMS0333878 Know All Men by These Presents: That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes, but may be detached by the approving officer if desired. That this Power of Attorney may be effective and given to either or both of RLI Insurance Company and Contractors Bonding and Insurance Company, required for the applicable bond. That RLI Insurance Company and/or Contractors Bonding and Insurance Company, each Illinois corporations (as applicable), each authorized and licensed to do business in all states and the District of Columbia do hereby make, constitute and appoint: Joshua Sanford in the City of Knoxville , State of TN it's true and lawful Agent and Attorney in Fact, with full power and authority hereby conferred upon him/her to sign, execute, acknowledge and deliver for and on its behalf as Surety, in general, any and all bonds and undertakings in an amount not to exceed Twenty Five Million Dollars ($25,000,000) for any single obligation, and specifically for the following described bond. Principal: Crown Castle Fiber LLC Obligee: City of Sanford RLI Insurance Company and Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of a Resolution adopted by the Board of Directors of each such corporation, and now in force, to -wit: "All bonds, policies, undertakings, Powers of Attorney or other obligations of the Corporation shall be executed in the corporate name of the Corporation by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name of the Corporation. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the Corporation. The signature of any such officer and the corporate seal may be printed by facsimile or other electronic image." IN WITNESS WHEREOF, RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have caused these presents to be executed by its respective Vice President with its corporate seal affixed this 19th day of December 2018 �,.�Vp,ANCE Cp'• •••••'' '101'1....... OpPORgT . C ; OPP ORgT •. n SEAL : 2. SEAL .a,, . er ° State of Illinois SS County of Peoria On this 19th day of December , 2018, before me, a Notary Public, personally appeared Barton W. Davis , who being by me duly sworn, acknowledged that he signed the above Power of Attorney as the aforesaid officer of the RLI Insurance Company and/or Contractors Bonding and Insurance Company, and acknowledged said instrument to be the voluntary act and deed of said corporation. By: t rnOV14" L '�• (,Wyy�a 11 - Gretchen L. Johnigk 7INotary Public GRETCHEN LJOHNIGK PUnLIC• I STATEOF My Commission Expires ;9 ILLINOIS May 2020 11 �AAA A • KAWKEA RLI Insurance Company Contractors Bonding and Insurance Company Barton W. Davis Vice President CERTIFICATE I, the undersigned officer of RLI Insurance Company and/or Contractors Banding and Insurance Company, do hereby certify that the attached Power of Attorney is in full force and effect and is irrevocable; and furthermore, that the Resolution of the Company as set forth in the Power of Attorney, is now in force. In testimony whereof, I have hereunto set my hand and the seal of the RLI Insurance Company and/or Contractors Bonding and insurance Company this 19th day of December 2018 . RLI Insurance Company Contractors Bonding and Insurance Company By: Jean M tephenson U Corporate Secretary A00A1817