2443 M.I. Homes - Traditions at White Cedar - Perf bondCITY OF
-' S-A�NF®RD
PLANNING & DEVELOPMENT
SERVICES DEPARTMENT
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To: City Clerk
RE: 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)
❑
❑
Mayor's signature
Recording
❑
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Letter of Credit
maintenance
❑
Rendering
❑
Bond
Ordinance
EJife
keeping (Vault)
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Performance Bond
-eiUrn o�n� ��-�L e oaj eh -ed
❑
Resolution
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Once completed, please:
❑ Return original
❑ Return copy
Special Instructions:
Please advise if you have any questions regarding the above.
Thank you!
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rom
TADept formslTransmittal form
M It -2,01-L
Date
�y
M
M/1 HOMES
Welcome to Better
October 4, 2022
Orlando Division
400 International Parkway, Suite 470
Lake Mary, FL 32746
407531.5100 OFFICE
407.650.3390 FAX
City of Sanford Planning Department
500 N. Park Avenue
Sanford, FL 32771
RE: Traditions at White Cedar - Performance Bond #ERL1 900469
Dear Sir/Madam,
Please accept this letter as formal request to have the Performance Bond #ERL1900469 in the
amount of $43,516.00 for the 2nd lift (Infrastructure) returned to me at the address listed above.
Thanks,
Angela Galati
Land Coordinator
H,",RLOTTE CHICAG',O I r"!N'AT� "01UMBIUS HOUSION i H"I DIAN A, POLf
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n
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PLAN NIAIG & DevEL®PiVflFw SERvims
TRANsmiTTAL MEMORANDUM
To: City Clerk
RE: Request for Services
I
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
Special Instructions:
Mayor's signature
Recording
Rendering
Safe keeping (Vault)
Attached is the Performance Bond for the final lift of asphalt paving at Traditions at White Cedar
located at 251 S. White Cedar Road. It is for 110% of the cost of improvements.
Please advise if you have any questions regarding the above.
Thank you!
From Date
To: Finance Department
From: Mike Cash
Email: michael.cash@sanfordfl.gov
Subject: Bond information for CAE system
Date: August 3, 2020
Dept.: Planning & Development Services
Phone: 407.688.5148
Project Name: Traditions at White Cedar
Project Address: 251 S. White Cedar Road
Bond Type: o Maint./Agreement o Letter Of Credit o Cashier Check X Performance
o Certified Check o Cash Bond o Cash Deposit o Construction Loan Agreement
Bond number: 1900469
Bond Holder Name: M/I Homes of Orlando, LLC
Amount: $43,516.00
Bond Holder Address: 400 International Parkway, Suite 470, Heathrow, FL 32756-5061
Bond Holder Phone: 407.531.5168
Email: dbrown(a,MIHomes.com
Bond Obligation: Performance Bond for Final Lift of asphalt
Surety Name: Capital Indemnity Corporation
Surety Address: 1600 Aspen Commons, Suite 300, Middleton, WI 53562
Surety Phone: 800.475.4450
Effective Date: June 24th, 2020
(City's acceptance)
Alarm date: June 241, 2023
(90 days prior to expiration date)
Email:
Expiration date: upon completion
T:\Development Review\04-Engineering\Bonds\2020\Traditions t White Cedar\Bond information - Traditions Final Lift Performance.docx
1==EIS-. WRIL1i� , .
W
IN
KNOW ALL MEN BY THESE PRESENTS:
That we, M/I Homes of Orlando, LLC hereinafter called the "Principal", and Capitol Indemnity
Corporation, a surety company authorized to do business in the State of Florida, hereinafter
called "Surety" are hold and firmly bound to the City of Sanford, a political subdivision of the
State of Florida, in the full and just sum of $43,516.00 lawful money of The United States of
America, to be paid to the City of Sanford of Seminole County, to which payment well and truly
to be made, we bind ourselves, our heirs, executors, administrators, successors, and assigns,
jointly and severally, firmly by these presents.
WHEREAS, the above bounden Principal has a condition precedent to the approval by the City of
Sanford of a plat of a certain subdivision known as Traditions at White Cedar has covenanted and
agreed with the City of Sanford to construct the referenced infrastructure and other associated
improvements based upon development plans and plans and specifications pertaining to said
subdivision, said development plans and plans and specifications being dated 8 day of October
2019, and being on file with the City of Sanford, Seminole County, Florida, and
WHEREAS, it is a condition precedent to the recording of said subdivision that this bond be
executed:
NOW THEREFORE, the conditions of these obligations are such that if the bounden Principal shall
construct the aforesaid improvements in accordance with any date prescribed in the approved
developments plans and plans and specifications dated the 8 day of October 2019, or within two
years of the date of approval, whichever occurs first and shall in every respect fulfill its, his, their
obligations under the development plans and plans and specifications, and shall indemnify and
save harmless the City of Sanford against or from all claims, costs, expenses, damages, injury, or
loss, including engineering, legal and contingent costs which the City of Sanford may sustain on
account of the failure of the Principal to perform in accordance with the development plans and
plans and specifications with the time therein specified then this obligation be void; otherwise to
be and remain in full force and virtue.
The Surety unconditionally covenants and agrees that if the Principal fails to perform all or any
part of the construction work required by the development plans and plans and specifications
above referred to, within the time specified, the Surety upon forty-five (45) days written notice
from the City of Sanford, or its authorized agent or officer of the default, will forthwith perform
and complete the aforesaid construction work and paythe cost thereof, including, but not limited
to engineering, legal and contingent costs. Should the Surety fail or refuse to perform and
PERFORMANCE BOND
Page 1 of 2
T:\DeveioPment Revie,.v\04-E6igineering\Bonds\Performance Pond infrastructure.docx
complete the said improvements, the City of Sanford, in view of the public, interest, health, safety
and welfare factors involved and the inducement in approving and filing the plat, shall have the
right to resort to any and all legal remedies against the Principal and the Surety, or either, both
at law and in equity, including specifically specific performance, to which the Principal and Surety
unconditionally agree.
The Principal and the Surety further jointly and severally agree that the City of Sanford, and its
option, shall have the right to construct or, pursuant to public advertisement and receipt of bids,
cause to be constructed the aforesaid improvements in case the Principal should fail or refuse to
do so. In the event the City of Sanford should exercise and give effect to such right, the Principal
and Surety shall be jointly and severally liable hereunder to reimburse the City of Sanford the
total cost thereof, including, but not limited to, engineering, legal and contingent costs, together
with any damages, either direct or consequential, which may be sustained on account of the
failure of the Principal to carry out and execute all the provision of said agreement.
IN WITNESS WHEREOF, the Principal and the Surety have executed these presents this the 24th
day of June, 20 20.
ADDRESS:
440 International Parkway, #470, M/I Homes of Orlando, LLC (SEAL)
Lake, Mary, FL 32746 PRINCIPAL
6Y: rj0 ITS:
(IF A CORPORATION)
ATTEST: l ITS:
61 L
ADDRESS: Capitol Indemnity Corporation JSEAQ
1600 Aspen Commons, Suite 300 '—S
ETY R
Middleton, WI 53562 BY: ITS: Attorney -In -Fact
(IF A CORPORATION)
ATTEST- � �,TS:
(Attached Surety Power of Attorney)
PERFORMANCE BOND
Page 2 of 2
T:\Development Review\04-En ineerinB\Bonds\Performance Bond Infrastructuredoa
CAPITOL INDEMNITY CORPORATION ERL1900469
POWER OF ATTORNEY Bond Number
KNOW ALL MEN BY THESE PRESENTS, That the CAPITOL INDEMNITY CORPORATION, a corporation of the State of Wisconsin, having its
principal offices in the City of Middleton, Wisconsin, does make, constitute and appoint
RYAN BURKE; MIEA 4N JOHNSTON; DENISE NELSON; KATHLEEN A. VANSOVICH-----
--__._�______�_�--__w______.-•_- MICHAEL WARD; DEBORAH L. WILLIAMS; STEPHANIE MCQUILLEN-------..----- ----- -- its true and lawful Attomey(s)-in-fact, to make, execute, seal and deliver for and on its behalf, as surety, and as its act and deed, any and all
bands, undertakings and contracts of suretyship, provided that no bond or undertaking or contract of suretyship executed under this authority shall
exceed in amount the sum of
ALL WRITTEN INSTRUMENTS IN AN AMOUNT NOT TO EXCEED: $20,000,060.00 --- — --- —---------------------- _----
This Power of Attorney is granted and is signed and scaled by facsimile under and by the authority of the following Resolution adopted by the Board of
Directors of CAPITOL INDEMNITY CORPORATION at a meeting duly called and held on the 15th day of May, 2001
"RESOLVED, that the President, Executive Vice President, Vice President, Secretary or Treasurer, acting individually or otherwise, be and they hereby
are granted the power and authorization to appoint by a Power of Attorney for the purposes only of executing and attesting bonds and undertakings, and
other writings obligatory in the nature thereof, one or more resident vice-presidents, assistant secretaries and attomcy(s)-in-fact, each appointee to have the
powers and duties usual to such offices to the business of this company, the signature of such officers and seal of the Company 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 or
facsimile seal shall be valid and binding upon the Company, and any such power so executed and certified by facsimile signatures and facsimile seal shall
be valid and binding upon the Company in the future with respect to any bond or undertaking or other writing obligatory in the nature thereof to which it is
attached. Any such appointment may be revoked, for cause, or without cause, by any of said officers, at any time:'
In connection with obligations in favor of the Florida Department of Transportation only, it is agreed that the power and authority hereby given to the
Attomey-in-Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts
required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department of Transportation
making payment of the final estimate to the Contractor and/or its assignee, shall not relieve this surety company of any of its obligations under its bond.
In connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the
Attorney -in -Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner — Department of
Highways of the Commonwealth of Kentucky at least thirty (30) days prior to the modification or revocation.
IN WITNESS WHEREOF, the CAPITOL INDEMNITY CORPORATION
corporate seal to be hereto affixed duly attested, this 1st day of January, 2020.
Attest: (�
Ryan J. Byrnes
Senior Vice President,
Chief Financial Officer and Treasurer
l -m �'
Suzanne M. Broadbent
Assistant Secretary
STATE OF WISCONSIN r
COUNTY OF DANE
has caused these presents to be signed by its officer undersigned and its
CAPITOL INDEMNITY CORPORATION
C� -� " t.
John L. Sennott, Jr.
Chief Executive Officer and President
On the 1st day of Jahmary, 2020 before me personally came John L. Sennott, Jr., to me known, who being by me duty awum, did depose and axy: that
he resides in the County of Hartford, State of Connecticut; that he is Chief Executive Officer and President of CAPITOL INDEMNITY
CORPORATION, the corporation described in and which executed the above instrument; that he knows the seal of the said corporation; that the
seat affixed to said instrument is suds corporate seal; that it was so affixed by orderof the Board of Directors of said corporation and that he signed his name
thereto by like order.
'eta N . David J. Regele
' z Notary Public, Dane Co., WI
STATE OF
COUNTY W SCONSIN 1 5.S•: ° p My Commission Is Permanent
ANE
I, the undersigned, duly elected to the office stated below, now the incumbent in CAPITOL INDEMNITY CORPORATION, a Wisconsin Corporation,
authorized to make this certificate, DO HEREBY CERTIFY that the foregoing attached Power of Attorney remains in full force and has not been
revoked; and furthermore, that the Resolution of the Board of Directors, set fo.M in the Power of Attorney is now in force.
Signed and sealed at the City of Middleton, State of Wisconsin this 24th day u'f June 202_ 0
4dSenior Vice President, General Counsel and Secretary
THIS DOCUMENT HAS BEEN GENERATED FOR A SPECIFIC BOND. IF YOU HAVE ANY QUESTIONS CONCERNING THE
AUTHENTICITY OF THIS DOCUMENT CALL 800475.4450. CIC-ePOA-A3 (Rev. 01-2020)
_90RHEAD & STOKES, LLC
June 19, 2019
Michael Cash
City of Sanford
300 North Park
Sanford, Florida 32771-1244
RE: TRADI T IONS AT WHITE CEDAR
Dear Mike:
The bond amounts below (maintenance and performance) were derived from contracted
costs for the construction of Traditions at White Cedar.
Sanitary
8" OR 26 Sewer Main 0-6
$11,690.90
8" DR 26 Sewer Main 6-8'
$14,390.85
8" DR 26 Sewer Main 8-10'
$4,352.40
Connect to Existing Manhole w/drop connection
$1,250.00
Single Services
$3,252.84
Double Servcies
$13,933.92
Sanitary MH 0-6'
$9,581.61
Sanitary MH 6-8'
$11,806.77
Sanitary MH 8-10'
$4,827.08
Dewatering
$11,970.00
Lamping
$2,500.00
Subtotal
$89,556.37
Reuse
Wet tap 4 x 6
$5,124.57
4" PVC Watermain
$22,676.75
4" DDCVA
$6,407.67
Misc. Ftgs and Restraints
$11,376.38
4" gate valve
$3,726.24
Double Services
$15,016.47
Single Services
$1,710.99
4" Strainer
$1,957.27
Testing and Chlorinate
$1,750.00
Subtotal $69,735.34
Water
Wet tap 10 x 6 $12,840.52
6" PVC Watermain $25,413.85
Misc. Ftgs and Restraints $16,536.41
Fire Hydrants assemblies $,13,166.19
6" Gate valve $1,332.65
Double Services
$14,236.42
Single Services
$2,286.72
Temp Jumper
$1,743.67
ARV in concrete vault
$8,702.58
Testing and Chlorinate
$2,750.00
Remove old 10" water line
$3,950.00
10" WM PVC DR18
$17,549.00
10x10 wet tap
$17,406.98
10" Line Stops
$19,380.76
Water Misc. Ftgs
$14,159.19
Chlorination and testing
$1,500.00
Subtotal
$87,142.18
Total
$246,444.89
3 yr maintenance bond 20%°
$49,288.98
2nd Lift of AC 4600 SY @ $8.601SY
$39,560.00
lkerfocmance Bond 110% ; .:
5437 516:00:
If you have any questions please feel free to contact our office.
Sincerely;,'
f 9
Chadwyck H. M66ihead. P. :
President
P.E. No. 61781
CHMkbm
h.Wag119003kccA=s[-c&*ffwa#w- Oty 6-19.19 xts
431 E. Horatio Avenue a Suite 260a Maitland, FL 32751 a 407-629-8330 a FAX 407-629-8336