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2371 1840 Rinehart Rd - Utility Payment Bond for Deposit1 '910, To: City Clerk RE: 1840 Rinehart Rd — Utility Payment Bond for Deposit 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 all three originals ❑ Return copy El Special Instructions: Mayor's, City Manager's, Signature ❑ Recording ❑ Rendering Safe keeping (Vault) Please keep for safe keeping, utilities has copy in their safe! leh��C 21 - From Date a kz1 BOND 21BSBIR9187 UTILITY PAYMENT BOND KNOW ALL MEN BYTHESE PRESENTS, That we, z84n Rinehart ad, LLC aaPrincipal and Hartford Fire z u8u,oh/ a corporationorganized under the laws ofState ofConnecticut having its principaloffice inthe city of an Surety, are held and firmly bound Unto City u(Sanford, P.O.Box 28478anfhvd`PL 32772inthe aumuf Twenty -Five lawful money ofthe United States, for which payment well and truly to be made, we bind Ourselves, Our heirs, executors, administrators, auoocynoo and aaaignm, 'oinUyunducvcraUy, firmly bvthese presents, THE CONDITION OFTHIS FOREGOING OBLIGATION |GSUCH THAT, Whereas, the above bounden Principal has made application to the above stated obligee for utility service, and whereas, the obligee Pursuant to its rules and regulations has required the Principal, as security for the payment of utilities or in lieu thereof, to post a Suitable bond in a like a111OL111t running to Out' obligee and WHEREAS, the said Principal has elected to furnish, in lieu of a cash deposits, Such a bond in the amount stated herein above. NOW, THEREFORE, ifthe said Principal, shall promptly puyaJ|oUUitybiUeino|udingthcUna| bill after service has been terminated, rendered hvobligee, 10the said principal u1and all set -vice locations whatsoever, then this obligation shall be null and void; otherwise it shall remain in full force and effect. '['HIS BOND /S SUBJECT TOTHE F(}LLOVV|y4(3 PROVISION: l. The liability o[the Surety underdhiybond for all defaults and obligations ofthe Principal shall not exceed inthe aggregate ofthe penal eumofthe bond hereinabove Set Out. The Surety reserves the right to cancel this bond by givingninety (gO) day notice in writing to the said obligee, and upon receipt of such notice the Surety is discharge and relieved of further liability, it being understood and agreed, however, that the said Principal and Surety will be liable for any loss, accruing up to the effective date of said cancellation notice, in no event, however, inexcess n[the penalty ufthis bond. |NWITNESS WHEREOF, We, the said Principal and Surety, have hereunto set Our hands and seals this ME ^^~''^'^^ 1840 Rinehart—.Rd.,, LL rincipal Hartford Fire . Direct InquiriesIClaims to: _ THE HARTFORD BOND, T-11 POWER F ATTORNEY One Hartford Plaza za Hartford, Connecticut 061ao vaovvvevu-vouu'xfax: uon-75r'0000 KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Name: INSURANCE OFFICE OF AMERICA INC AgencyCode: 21-228014 Hartford Fire insurance Company, a corporatiOn dUly organized under the laws of (lie State ofConnecticut Hartford Casualty Insurance Company, a corporation duly organized under the laws ofthe State ot'llidiana Hartford Accident and Indemnity Company, a corporation duly organized under the laws ofthe State ofConneCtiCUt Hartford Underwriters Insurance Company, a corporation duly organized under the laws ofthe State of Connecticut Twin City Fire Insurance Company, a corporation duly organized under the laws ofthe State of Indiana Hartford insurance Company of Illinois, a coiporation duly organized under the laws ofthe State ofIllinois Hartford insurance Company of the Midwest, a corporation duly organized under the laws ofthe State ol'Indialia Hartford insurance Company of the Southeast, a corporation duly organized under the laws ofthe State ofFlorida having their homeoffice in Hartford, Connecticut (hereinafter collectively referred to as the "Companies") do hereby make, constitute and appoint Damaris Martinez its true and lawful to sign its name eomurety0ne only msdelineated above by . and to execute, sea[ and acknowledge the following bond, undertaking, contract orwritten instrument: Bond NO. 21oxozo9187 Naming 1840 Rinehart au' LLC as Principal, and city of Sanford as omzisee' in the amount of See Bond Form(s) on behalf of Company in its business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. In Witness Whereof, and as authorized by a Resolution of the Board of Directors of the Companies on May 23. 2016 the Companies have caused these presents wbesigned byi1sAssiatantVicnPneoidnntonditcorporate seals tobehereto affixed, duly attested byits Assistant Secretary. Further, pursuant to Resolution of the Board of Directors of the Companies, the Companies hereby unambiguously affirm that they are and will be bound by any mechanically applied signatures applied to this Power of Attorney. ^ ,) 717 ]Fe D Shelby Wiggins, Assistant Secretary SEP 14 2021 Joeo,LZopinne.Assistant Vice President STATE opFLORIDA ss. Lake Mary COUNTY ~� On this 20th day of May, 2021, before me personally came Joelle LaPierre, to me known, who being by me duly sworn, did depose and say: that (s)he resides in Seminole County, State of Florida: that (s)he is the Assistant Vice President of the Companies, the corporations described in and which executed the above instrument; that (s)he knows the seals of the said corporations; that the seals affixed to the said instrument are such corporate seals; they mBoards ou,noiuoom� ononsand that (a)xosigned mm�m his/her name authority. ~ '"ss=`.ec~" J�' u�m."m�=/�xx/ez2m c,j)i"°June z«zm5 1, the undersigned, Assistant Vice President of the Companies, DO HEREBY CERTIFY that the above and foregoing isatrue and correct copy of the Power of Attorney executed by said Companies, which is still in full force effective as of Julyz znzz Signed and sealed inLake Mary, Florida. Keith uoozn .xssistamVicepmmem