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2114 Maintenance Bond Rinehart Partners LLC Rinehart Greenway Commons PDWATER, REUSE AND WAST EWA'fERUTILITIES CITY OF MAINTENANCE (MATERIALS AND WORKMANSHIP WARRANTY) BOND _ �tr3.. ' DO NOT MAKE CHANGES TO THIS FORM. Bonding company must be listed in the "' FLORIDA Federal Register (Department of Treasury Circular 570). KNOW ALL MEN BY THESE PRESENTS, THAT Rinehart Partners, LLC of PUBLIC WORKS & UTILITIES 119DB.Aii- Center Dc,12000 Lake Mary, FL 3279 feferred to as the DEVELOPER and S1Tex LLc. of oaaa o, FL referred to as the CONTRACTOR chin:ua,,,> IA�.. MEMORANDUM company of Pnaaaolph a PA ,hereinafter called the SURETY, are held and firmly bound unto the City of Be rd, political subdivision of the State of Florida, hereafter called the To: City Clerk CITY, whose address is 300 North Park Avenue, Sanford; Florida 32774, in the full and just sum of 25,526-00 DOLLARS, lawful money of the United;States RE: Request for Services of America, to the payment of which sum, well and truly to be made, the DEVELOPER CONTRACTOR, AND SURETY bind themselves, their heirs, executors, administrators successors and assigns, jointly and severally, firmly by these presents.'.' The Acm(s) noted below is/are attached and forwarded to your office for the following action(s): WHEREAS, the DEVELOPER caused the CONTRACTOR to install certain water, ❑ Ordinance reuse and: wastewaterutilities, and/or other related improvements in or around the CITY, ❑ Resolution known and identified as follows::ivaehartG,,—ayCua,a,oasaD ® Maintenance Bona-Rinehart Partners with the approval of the CITY under the provisions, conditions, and requirements of the development plan approval granted the D-1,p,, Inc lst day of armner 2018 ❑ Mayor's signature by the CITY. ❑ Recording \ in N ❑ Rendering �` WHEREAS, the DEVELOPER and CONTRACTOR are obligated to protect the i a ® Safe keeping (Vault) City against any defects resulting from faulty materials or workmanship of said Y ❑ improvements and to maintain said improvements for a period of three (3) years from the a day of : Jaty tote 2019 z a o� Once completed, please: NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH that if a the DEVELOPER or CONTRACTOR shall promptly and faithfully protestthe CITY against ❑ Return original any defects, correct all defects in the aforesaid improvements, maintain the aforesaid ❑ Return copy improvements and fully indemnify the CITY forall loss the CITY may sustain by reason win Elof any defect in materials, construction or failure on the part of the':DEVELOPER or CONTRACTOR to fully maintain said improvements, including but not limited to the water, reuse andwastewater' utilities, for a period of three (3) years from the date of issuance of Special Instructions: Per Franklyn "Scott" Richardson please store attached Maintenance Bond the Certificate of Completion by the CITY, which shall be the 10th day of July 2122 , E `w and the DEVELOPER pays any and all costs and expenses incidental to the performance for safe keeping. of any work required to be performed hereunder, then this obligation shall be -void;¢ i0 otherwise to remain in toll force and effect. 00 Please advise if you have any questions regarding the above. — 1. THE CITY shall notify the:: DEVELOPER or CONTRACTOR in writing of any Thank you! defects for which the DEVELOPER and CONTRACTOR are responsible 'and shall specify o in said notice a reasonable period'. of time which DEVELOPER or CONTRACTOR shall have to correct said defects, I,1c Nn .ane -S /9 a From D to THE SURETY unconditionally covenants and agrees that if theDEVELOPERor GRANT MALOY, SEMINOLE COUNTY CLERK OF CIRCUIT COURT & COMPTROLLER CFN# 2019087221 Bk:9414 Pa9e:1259-1265 (7Pgs) Page 1 Of 3 REC: 08/13/2019 1:06:58 PM byjeckenroth RECORDING FEES 561.00 CONTRACTOR fails to perform, within the time specified by the City, the SURETY, upon thirty (30) days written notice from the CITY, or its authorized agent or officer, of default, will forthwith correct such defect or defects and pay the cost thereof, including, but not limited to engineering, legal, and contingent costs. ADDRESS: SEAL)--__. 11501 s orange Avenge CONTRAC R s1T , FURTHERMORE, should the SURETY fail or refuse to correct said defect or 0daaao.Ft52824 defects, the CITY in view of the public interest, health, safety, welfare, and other factors BY, Joseph A.F#ra involved, and the consideration in approving said development plans, shall have the right ITS: MaaagerM- to resort to any and all legal remedies against the DEVELOPER, CONTRACTOR, and (IF A CORP RATION) SURETY, either individually or together, both at law and in equity, including specifically, specific performance to which the DEVELOPER, CONTRACTOR, and SURETY ATTEST: _ unconditionally agree. THE DEVELOPER, CONTRACTOR, AND SURETY further jointly and severally - agree that the CITY at its option, shall have the right to correct said defect or defects ADDRESS: AnhinsuranceCorapaay.Tei+a resulting from faulty materials or workmanship, or pursuant to public advertisement and 3 Par>nray SURETY i q receipt of bids, cause to be corrected said defect or defects in case the DEVELOPER or suite 1500 / - CONTRACTOR shall fail or refuse to do so, and in the event the CITY should exercise Philadelphia, PA 19102 BY, R,OMit� and give effect to such right, the DEVELOPER, CONTRACTOR, and SURETY shall be ITS: ATT RN, Y-IWFACT Taylor Pollock jointly and severally responsible hereunder to reimburse the CITY the total cost thereof, including,but not limited to, engineering, legal, and contingent cost, together with an damages, either direct or indirect, which may be sustained on account of he failure of the ATTEST:I��,i ILl L� 9 Y t DEVELOPER,CONTRACTOR, or SURETY to correct said defects. ITS(Y1(y i:bY sLCn-J .r� THE DEVELOPER, CONTRACTOR, AND SURETY hereby waive notice of any and all modifications, omissions, additions, changes and in or about CITY ordinances, the CITY`s technical specifications and design criteria for utility work and improvements and, n�j further, agree that the obligations undertaken by this Bond shall not be impaired in any Attest City of San or Flo'tida manner by reason of any modifications, omissions, additions, changes, and advance payments or deferred payments; PROVIDED, HOWEVER, that the obligation of the _ SURETY shall be limited to the penal sum herein as well as the costs set forth in the following sentences of this paragraph. The Parties further expressly agree that any action JW-Triplett-,Mayor 1/1 q^, r+'ruvp on this Bond shall be brought in Seminole County Circuit Court and governed by Florida Traci Houchin, City ClerkV law and may be brought within the time allowed for suits on contracts for payment of For use and reliance of the Sanford yt.NFORh money. The City shall be entitled to all its costs and expenses, including attorneys' fees, City Commission only. incurred in the enforcement of SURETY's obligations under this Agreement. Approved as to form and legalityt~ IN WITNESS WHEREOF, the DEVELOPER, CONTRACTOR, and SURETY have executed these presents this 15th day of July 2019 ,,, -'� U �Z Z. Olbert, i A r Xsz 1811 ADDRESS: - (SEAL) 1190BuslaessC-tc,Drl,.e DEVELOPER xl„enartParmaraL., / dJ�1L �). [��/IL€lf- Sa;te2000 BY: Theodnr.A.Bohn Lake Mary, FL 32746 ITS: Manager (IF ACO ORATION) ATTEST ITS: Maga Page 2 of 3 Page 3 of 3 AIC 0000200875 THIS POWER OFATTORNEY IS NOT VALID UNLESS ITIS PRINTED ON BLUE BACKGROUND This Power of Attorney limits the acts of those named herein, and they have no: authority to bind the Company except in the and fo the extent he Bin s[afed.. : No[ valid for Ndfe, Loan,.Letter. o/ C ed�h Curiency Rate, Interest Rate or Residential Value Guarentees POWER OF ATTORNEY Know All Persons By These Presents that the Arch liad1pne. Company, a corporate organized and xisiing under the laws of the State of Missouri, hewing Its. principal administrative office in Jersey City, Naw Jersey (here more, referred to as the "Company') does hereby app,lni Bonnie S. Robbins, Charles P. 8 nazia t, pleura L Sorensen and Taylor M Pollock of Longwooe, FL (EACH) is true and lawful Attorney(s)lh Fact to make, execute seal, and delver from the date of issuance of this powerfor and on is behalf as sr rety, and as Its act and dead: Any and all bonds undenakings recogn zenead and other surety obligation,,,, the panel sum not exceed ng Ninety Million Dollars ($90 000,00(i This authority d... not permit the same obligation to be split into two or more bonds In ,it,, to bring each such bond within the dollar limit of authority as at forth herein. The execution of such bonds .undertakings. gn a z and other surely ole gu rn, n pubs of these presents shall be as bind ing.. upon the. said Company as fully. and only ntoall: intents and purposes as f the sa a had been duly executed and acknowledged by is regularly; lactetl officers anis pr nclpal adm n etral ve office in Jersey City, New Jersey This Power of Atm rney Is executed by authority of resolutions adopted by manimo s panto the Board of D rectors of the Company on September 15, 2011, true and accurate ,of,, of. which are hebehafler set form and are hereby certified to by the undersigned Secretary as bang; n fall force and effect VOTED, That the Charman of the Board, the President or the Execabve Vice Pres deal or any Senor V'ce President, of the Surety Business Div on, or their appo ntees designated 'n writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and ihmmeys'n fact and to authorize them. subject to the limitations at farm in their resp five powers of - attorney, to execute on behalf of the Company, and attach the seal of the Compo y it ereto, bonds undertakings, r g izances and other aunty o I'gatices obligatory in the nature thereof, and any uch off cars of the Company may appoint agents for acceptance of process The Power of Attorney is signeq sealed and canard by fi—imlla under and by authority of the following reseltt on adopted by the unan mous consent of the Board of Directors of the Company on September. 15, 2011 VOTED That theg Y f ib Ch f ib Board, thePresident, theEx t V President, n y 5 V President, f theSurety e D's t opo t designated writing d filed with theSecretary, d the signature f the Secretary -the seal of the Company, and certflcal ons by the Secretary, nay be all l by fats mile on any power of attorney or bond toted pursuant to the resolution adopted by the Board of Directors on September. l5. 2011, and any such po puled axe p axe sealed and he with respect to any bond or undertaking to which it ia attached, shallcontinue to be valid and binding upon the Company. OOMLOO13'00 03 03 Page 1 a 2 Printed in U.S.A EXHIBIT "A" City of Sanford Florida CONSTRUCTION COST OF PUBLIC IMPROVEMENT Based upon Contract with SITEK for improvements IN Rinehart Road R/W DESCRIPTION OF WORK Unit Qty Unit Price Total Price 12" x12" Wet Tap DI Valve & Sleeves EA 1 $ 8,800.00 $ 8,800.00 12" DDCVA With Small Bypass EA 1 $21,000.00 $21,000.00 12" x 4" Wet Tapping Valve & Sleeves EA 1 $ 7,400.00 $ 7,400.00 Dig Bore Pits EA 2 $ 4,500.00 $ 9,000.00 24" lack & Bore LF 150 $ 260.00 $39,000.00 12" DIP for Bore LF 150 $ 100.00 $15,000.00 Spacers For Bore LS 1 $ 5,500.00 $ 5,500.00 2" Directional Drill With Pipe LF 150 $ 50.00 $ 7,500.00 12 Gate Valve EA 1 $ 1,800.00 $ 11800.00 2" Gate Valve EA 1 $ 750.00 $ 750.00 12" PVL Water Main LF 76 $ 36.00 $ 2,736.00 2" POLY Reclaim LF 10 $ 14.25 $ 142.50 8"x4" Wet Tapping Force Main EA 1 $ 7,500.00 $ 7,500.00 4" Plug Valve EA 1 $ 1,500.00 $ 1,500.00 TOTAL $127,628.50 Bond Amount for 3 years = 20% of $127,628.50 = $25,526 3 ! � e d mes Iz' DI wMtw uv: �fY taco na We An �1 -gyp an r/ Tn fS W runlrG vA .coo l rvwreF nn iNls sDim4 rA° Iip ISIY 4up RCUIYFD YAM = ! \ I i�E AYY _ W/ IR'x ,' Yl iAWn6 VLLUF AIM iiEEYE � \ by -lis 6 12` WC isce., YAM i' \` _ IaxA--f� _. Mar¢ dese. god. ramYx7 re Inc sluu az -- .wql ora 1 Y [due Yen x lVAIVEASFi61g0 1 1 i� api Am tater YAIx L + .,sac be .PLV4 LLVE i. YL _ 2' AFSNFM MIDGE 6pE etwe- raw Yc1rY — 4�'i1BILiIY Utd s'ATIsrAC70'IfC _ FOR SOAROINO WATER AND WASTEWATER UTILITIES BILL OF SALE Rinehart Partners, LLC , a Florida limited liability company, usmess enter Drive, located at #2000, Lake Mary, FL , County of Seminole , State of Florida hereafter known as the SELLER, for and in consideration of the sum of One ($1.00) Dollar and other valuable consideration paid to SELLER by City of Sanford, a political subdivision of the State of Florida, hereafter known as the BUYER, receipt of which is hereby acknowledged does grant, sell, transfer, convey, and deliver to BUYER all pipes, lines, gate valves, valve boxes, fittings, thrust blocks, hydrants, pump stations, and other goods and eyuipmenl which comprise the water, wastewater, and reclaimed water systems installed by SELLER and located on the following public easements, rights-of-way, or tracts as shown on the record drawings, more specifically described as follows: PROJECT: Rinehart Greenway Commons PD - Rinehart Road Public Utility hnprovenlents located In Rinehart Road at 1451 Rinehart Road, Sanford, Florida and being more specifically described as Exhibit A attached includlocation plan & cost estimate. (See Attached Legal Description) BUYER shall have all rights and title to the goods in itself and its assigns. SELLER warrants that it is lawful owner of the goods and the goods are free from all liens and encumbrances. SELLER has good right to sell the goods and will warrant and defend the right against the lawful claims and demands of all persons. IN WITNESS WHEREOF, SELLER has executed this BILL OF SALE at Lake Mary I Florida , on this 28th day of June 2019 ADDRESS: RINEHART PARTNERS, LLC (SEAL)—' BY: Phillip C. Holli ITS: Manager QIF;i G6Rj{J'©Ryl- /{�/E/(O/PF}LLC ATTEST.Ifi 6'✓ ITS: � U p}kPSl' • --- City of Sanford 6-3 Utility t)eparm w,,r