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HomeMy WebLinkAboutContracts & Agreements_115-2004_CCv0001.pdf AGREEMENT THIS AGREEMENT, made and entered into this 20th day of July —, 2004, by and between the City of Redlands, a Municipal Corporation, organized and existing under the laws of the State of California, hereinafter referred to as the "City", and CB&I Constructors, Inc. of the City of Claremont, County of Los Angeles, State of California, hereinafter referred to as the "Contractor". WITNESSETH: That the City and the Contractor, for the consideration hereinafter named, agree as follows: 1. SCOPE OF WORK: The Contractor will furnish all materials and will perform all of the work for the following: Construction of the 1350 Zone Reservoir Project, complete, as required by the Contract Documents and Specifications for 1350 ZONE RESERVOIR PROJECT, Project No. 4- 0518. 2. THE CONTRACT SUM: $2,406,194 in accordance with the terms and conditions set forth in the Contract Documents. A. Pursuant to Section 22300 of the California Public Contract Code, Contractor has the option to deposit securities with an Escrow Agent as a substitute for retention of earnings requirement to be withheld by City pursuant to an Escrow Agreement as set forth in the Public Contract Code, Section 22300. 3. TIME FOR COMPLETION: The work under this Contract is to be completed within 270 calendar days from and after the date of the Notice to Proceed. 4. LIQUIDATED DAMAGES: Failure of the Contractor to complete the work within the time allowed will result in damages being sustained by the City. Such damages are, and will continue to be, impracticable and extremely difficult to determine. The Contractor shall pay to the City, or have withheld from monies due it, the sum of$500 for each consecutive calendar day in excess of the specified time for completion of the work. Execution of the Contract shall constitute agreement by the City and Contractor that $500 per day is the minimum and actual damage caused by the failure of the Contractor to complete the work within the allowed time. Such sum is liquidated damages and shall not be construed as a penalty, and may be deducted from payments due the Contractor if such delay occurs. 5. CONTRACT DOCUMENTS: The complete contract documents, under the Agreement, includes all of the contract documents set forth herein, to wit; Notice Inviting Bids, Instructions to Bidders, Proposal, Bid Bond, Agreement, Performance Bond, Labor and Material Bond, Plans, General Conditions, Special Conditions, Special Provisions and Specifications and any addenda thereto. CD 6. ATTORNEYS' FEES: In the event any legal action is commenced to enforce or interpret the terms or conditions of the contract documents,the prevailing party in such action,in addition to any costs and other relief,shall be entitled to recover its reasonable attorneys'fees. 7. RESOLUTION OF CONSTRUCTION CLAIMS: Claims by the Contractor, in the amount of $375,000 or less, shall be made by Contractor and processed by the City pursuant to the provisions of Part 3, Chapter 1, Article 1.5 of the Public Contracts Code (commencing with Section 20104). All claims shall be in writing and include the documents necessary to substantiate the claim. Nothing in subdivision (a) of Public Contract Code, Section 20104.2 shall extend the time limit or supersede the notice requirements provided in this case from filing claims by Contractor. 8. ELIGIBILITY OF CONTRACTOR/SUBCONTRACTOR: Contractor and any subcontractors agree to abide by California Public Contract Code, Section 6109, and California Labor Code, Sections 1777.1 and/or 1777.7, and certify that they are not debarred and are eligible to work on this project. 9. ASSIGNMENT OF AGREEMENT: No assignment by a party hereto of any rights or interests under this agreement will be binding on another party without the written consent of the party sought to be bound. 10. SUCCESSORS AND ASSIGNS: City and Contractor each binds itself, its partners, successors, assigns, and legal representatives in respect to all covenants, agreements, and obligations contained in the Contract Documents. 11. SEVERABILITY: Any provision or part of the contract documents held to be void or unenforceable under any law or regulation shall be deemed stricken, and all remaining provisions shall continue to be valid and binding upon City and Contractor. CD 2 IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year first written above. City of Redlands (SEAL) (Owner) By Gilberto Gil, Mayor Pref Tem San Bernardino,California ATTEST: Cit Clerk, City; ands County of San rnardino, California and ko4cr i Jrf (SEAL) CbCr onsh-ur-° rs' :Inc.. Name of Contractor By: Signatu of Authorized Agent $ t,in Title Signature of Authorized Agent (if necessary) Title 465 272, Contractor's License No. CD 3 WORKER'S COMPENSATION INSURANCE CERTIFICATION Description of Contract: City of Redlands Municipal Utilities Department 1350 ZONE RESERVOIR PROJECT Project No.4-0518 Labor Code,Section 3700,provides,in part: "Every employer except the State, shall secure the payment of compensation in one or more of the following ways: (a) By being insured against liability to pay compensation in one or more insurer duly authorized to write compensation insurance in this State. (b) By securing from the Director of Industrial Relations a certificate of consent to self-insure, either as an individual employer, or as one employer in a group of employers which may be given upon furnishing proof satisfactory to the Director of Industrial Relations of ability to self-insure and to pay any compensation that may become due to his or her employees. I am aware of the provisions of Section 3700 of the Labor Code which requires every employer to be insured against liability for worker's compensation or to undertake self-insurance in accordance with the provisions of that Code, and I will comply with such provisions before commencing the performance of the work of this contract. (Labor Code section 1861) Dated this day of W-04 064.r n*uc4vrs, (Contractor C)"! (Signature) Su5iness. TDPVe1ogYnPty+ Mfihaao' (Official Title) (SEAL) tovte *1 CerWiat�ov A Re-uMoit atnj ku'ffri4y4 (Labor Code Section 1861 provides that the above certificate must be signed and filed by the Contractor with the Owner prior to performing the work of the contract.) CD 4 WORKER'S COMPENSATION INSURANCE CERTIFICATION Description of Contract: City of Redlands Municipal Utilities Department 1350 ZONE RESERVOIR PROJECT Project No. 4-0518 Labor Code,Section 3700,provides,in part: "Every employer except the State, shall secure the payment of compensation in one or more of the following ways: (a) By being insured against liability to pay compensation in one or more insurer duly authorized to write compensation insurance in this State. (b) By securing from the Director of Industrial Relations a certificate of consent to self-insure, either as an individual employer, or as one employer in a group of employers which may be given upon furnishing proof satisfactory to the Director of Industrial Relations of ability to self-insure and to pay any compensation that may become due to his or her employees. I am aware of the provisions of Section 3700 of the Labor Code which requires every employer to be insured against liability for worker's compensation or to undertake self-insurance in accordance with the provisions of that Code, and I will comply with such provisions before commencing the performance of the work of this contract.(Labor Code section 1861) Dated this day ofUte,20,AQ . C54T 0065JYVC4M5) Inc. (Contractor) (Signature) (Official Title) (SEAL) Strp_ "Cey*41ca4ion Peu4jor .a.Acl hAor;4y" (Labor Code Section 1861 provides that the above certificate must be signed and filed by the Contractor with the Owner prior to performing the work of the contract.) CD 4 Bond No.TD8641 Executed in Duplicate PERFORMANCE BOND Whereas,the City Council of the City of Redlands,State of California,and.CB&i Constructors, inc.,250 West 1st Street Suite 210 Claremont-CA 9171,1 (hereinafter designated as "Principal") have entered into an agreement whereby Principal agrees to demolish designated wastewater facilities, which said agreement,dated August 1 , 24C14 , and identified as Constructions of 1350 ZONE RESERVOIR PROJECT,Project No.4-0518 is hereby referred to and made a pact hereof;and Whereas, said Principal is required under the terms of said agreement to furnish a bond for the faithful performance of said project. Now,therefore,said Principal and St. Paul Fire and Marine Insurance Company as surety, are held Firmly bound unto the City of Redlands(hereinafter call"City"),in the penal sure of Two Million Four Hundred Six 2.406.194.00**"'*' } lawful money of the Thousand One Hundred Ninety-Four nd Nol100--bollars($ Y United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors,executors and administrators,jointly and severally,firmly by these presents. The condition of this obligation is such that if the above bounded Principal,his or hers heirs,executors, administrator,successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants,conditions and provisions in the said agreement and arty alteration thereof made as therein provided, or his or their part, to be kept and performed at the time and in the manner therein specified,and in all respects according to their true intent and meaning,and shall defend, indemnify and save harmless the City, its elected officials,officers,agents and employees, as therein stipulated,then this obligation shall become nult and void;otherwise it shall be and retrain in full force and effect. As a part of the obligation secured hereby and in addition the face amount specified therefore,there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. In witness whereof,this instrument has been duly executed by the Principal and surety above named, on August 1 g-- 20 04 w �~C,e.rJJfiCgj'AK 04.'QlSC it ArxA AullhoPRlpy (SFAL) CB&I Constructors, Inc. St. Paul Fire and Marine Insurance Company (Contracto ( lett') 64 BY: OF .10 (Signature) Margaret Bubol (Signature) Attor y-in-Fact Address: 1330 Post Oak Blvd., Suite 900 Houston TX 77056 (Sea] and Notarial Acknowledgment of Telephone( 832 )47Q 0 _,__ Surety) Cly 5 Aon Risk Services of Texas, Inc. dba Aon Risk Insurance Services of Texas, Inc. CA License #0559715 CERTIFICATE OF ACKNOWLEDGMENT OF CORPORATE SURETY State of Texas County of Harris § Before me, the undersigned authority, on this day personally appeared Margaret Buboltz, known to me to be the person whose name is subscribed to the foregoing instrument as Attorney-in-Fact of St. Paul Fire and Marine Insurance Company, and acknowledged to me that he/she executed the same for purposes and consideration therein expressed, and in the capacity therein stated. Given under my hand and seal of office this 1st day of August, 2004. SEAL Notary Public in and for The State of TEXAS CAROLYN ANNE SHEFFIELD NOWY PUblic,State of Texas My Commission expires: 10/13/06 My Commission Expires OCTOBER 13, 2006 Maw trf< y St.('xu!Film read AYariar Yusurxnce C uttivxu� t ititrd titafcc F t�cliti 4114C usrxuty C ung.sny yt,Y`xurt:uyrattan InsuranceC:om play liaic{Itt SlidC'uareaatt Incurancrt:trttrprius `st.Caut Mesut v lu,uf:trice<.full.tttt t idCkC4 aiuY C uxrnutt'ttr.urataeC C edea writers.it,r, ',eAuard Swet_v Constaant Vit.Vaut llCdiC.el It(tilitc In Slit It ce C'ut(q$an% RIDER CONTAINING, MCL.,OSURI NOTICE OF TERRORISM COVECtf4Cr1'<`, This disclosure notice is required by the Terrorism Risk insurance Act of 2002 (the 'Act")- No action is required on your part. This Disclosure Notice is incorporated in and a part of the attached bond, and is effective the data of the bond. You should know that, effective November 26, 2002, any losses cove€ed by the attached bond that are caused by certified acts of terrorism would be partially reimbursed by the United States under a formula established by the Act. Under this formula, the United States reirnburses 90% of covered terrorism losses exceeding the statutorily established deductible paid by the insurance company providing the coverage. Under the Act, there is a cap on our liability to pay for covered terrorism losses if ttie aggregate arrrount of insured losses under the Act exceeds $100,000,000,000 during the applicable period for all insureds and all insurers con'tbined, in that case, we will not be tiable for the payment of any amount which exceeds that aggregate amount of $100,000,000,000. The portion of your premium that is attributable to coverage for acts of terrorism is 0.00. IMPORTANT NOTE. THE COST OF TERRORISM COVERAGE IS SUBJECT TO CHANGE ON ANY BONDS THAT PREMIUM IS CHARGED ANNUALLY. lbeStftl POWER OF ATTORNEY Seaboard Surety Company United States Fidelity and Guaranty Company St.Paul Fire and Marine Insurance Company Fidelity and Guaranty Insurance Company St.Paul Guardian Insurance Company Fidelity and Guaranty Insurance Underwriters,Inc. St.Paul Mercury Insurance Company Power of Attorney No. 24137 Certificate No. 2058999 KNOW ALL MEN BY THESE PRESENTS:That Seaboard Surety Company is a corporation duly organized under the laws of the State of New York,and that St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company and St.Paul Mercury Insurance Company are corporations duly organized under the laws of the State of Minnesota,and that United States Fidelity and Guaranty Company is a corporation duly organized under the laws of the State of Maryland,and that Fidelity and Guaranty Insurance Company is a corporation duly organized under the laws of the State of Iowa, and that Fidelity and Guaranty Insurance Underwriters,Inc.is a corporation duly organized under the laws of the State of Wisconsin(herein collectively called the "Companies"), and that the Companies do hereby make,constitute and appoint William N.Burke,Wendy W. Stuckey,Lupe Tantayo,Michael J.Herrod,Margaret Buboltz,Angela M.Tindol, Lisa A.Ward,Patti A. Ebarb and U.Theresa Gardner Houston Texas of the City of State----- their true and lawful Attorney(s)-in-Fact, each in their separate capacity if more than one is named above,to sign its nanic as surety to,and to execute,seat and acknowledge any and all bonds,undertakings, contracts and other written instruments in the nature thereof on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and xc_undertakings, q-u r m-, -- ifed mpiq—itted ptAy actions or proceedings allowed by law. n sealed tfik' day of `-�- 1�, �-- a- 19th December 2003 st, IN WITNESS WHEREOF,the Companies have caused this in be stpa - ki Seaboard Surety Company United States Fidelity and Guaranty Company St-Paul Fire and Marine In C - k I�' '13� WraAcc,Con Fidelity and Guaranty Insurance Company St.Paul Guardian Insurance'iC omptrF Fidelity and Guaranty Insurance Underwriters,Inc. St.Paul Mercury Insurance Cortrphiy PETER W,CARMAN,Vice President tV State of Maryland City of Baltimore THOMAS-E.HUIBREGTSE,Assistant Secretary On this 19th day of December 2003 before me, the undersigned officer, personally appeared Peter W.Carman and Thomas E. Fluibregise,who acknowledged themselves to be the Vice President and Assistant Secretary,respectively.of Seaboard Surety Company,St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company,St.Paul Mercury Insurance Company,United States Fidelity and Guaranty Company,Fidelity and Guaranty Insurance Company,and Fidelity and Guaranty Insurance Underwriters,Inc.;and that the seals affixed to the foregoing instrument are the corporate seals of said Companies-,and that they,as such,being authorized so to do,executed the foregoing instrument for the purposes therein contained by signing the names of the corporations by themselves as duly authorized officers. pk,E In Witness Whereof,I hereunto set my hand and official seal. &0%9, My Commission expires the I st day of July,2006. REBECCA EASLEY-ONOKALA,Notary Public AE CiTt 86203 Rev.7-2002 Printed in U.S.A. This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Seaboard Surety Company,St Paul Fire and Marine insurance Company, St. Paul Guardian Insurance Company,St. Paul Mercury Insurance Company, United States Fidelity and Guaranty Company, Fidelity and Guaranty Insurance Company,and Fidelity and Guaranty Insurance Underwriters,Inc.on September Z, 1998,which resolutions are now in full force and effect,reading as follows: RESOLVED,that in connection with the fidelity and surety insurance business of the Company,all bonds,undertakings,contracts and other instruments relating to said business may be signed,executed,and acknowledged by persons or entities appointed as Attorney(s)-in-Fact pursuant to a Power of Attornev issued in. accordance with these resolutions. Said Power(s)of Attorney for and on behalf of the Company may and shall be executed in the name and on behalf of the Company,either by the Chairman,or the President,or any Vice President,or an Assistant Vice President,jointly with the Secretary or an Assistant Secretary, under their respective designations. The signature of such officers may he engraved,printed or lithographed. The signature of each of the foregoing officers and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Attorney(s)-in-Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof,and subject to any limitations set forth therein,any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company,and any such power so executed and certified by such facsimile signature and facsimile seal shall he valid and binding upon the Company with respect to any bond or undertaking to which it is validly attached;and RESOLVED FURTHER,that Attomey(s)-in-Fact shall have the power and authority, and,in any case, subject to the terms and limitations of the Power of Attorney issued them,to execute and deliver on behalf of the Company and to attach the seal of the Company to any and all bonds and undertakings,and other writings obligatory in the nature thereof,and any such instrument executed by such Attomey(s)-in-Fact shall be as binding upon the Company as if signed by an Executive Officer and sealed and attested to by the Secretary of the Company. I,Thomas E.Huibregtse,Assistant Secretary of Seaboard Surety Company,St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company, St.Paul Mercury Insurance Company.United States Fidelity and Guaranty Company,Fidelity and Guaranty Insurance Company,and Fidelity and Guaranty Insurance Underwriters,Inc.do hereby certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies,which is in full force and effect and has not been revoked. IN TESTIMONY WHEREOF,I hereunto set my hand this 1St day of August 2004 �� �g411tY'( �' i9Z7 toavuR,i+y j4"'�gpYORRtE +l 4 I : fri„ •' l„ ` t 1977 wcaaraa„tn E. SB.a.Li Thomas E.Huibregtse,Assistant Secretary To verify the authenticity of this Power of Attorney,call 1-500 3 80 fort Pt er o fey clerk. Please refer to the Power of Attorney number, the above-named individuals and the details of the bond to which th A,r is a �d." � to 1. - Website checked on Monday, August 02, 2004 4 PR 'M01-111 �ie�t D Company Profile Insu ,nce ST . PAUL FIRE AND MARINE INSURANCE COMPANY 385 WASHINGTON ST ST PAUL, M N 55102 800 - 328 - 2189 Former Names for Company Old Name: MERCURY INS CO Effective Date: 07- 19- 1956 Agent for Service of Process LORI CASTANEDA, 2730 GATEWAY OAKS DR SUITE 100 SACRAMENTO, CA 95833 Unable to Locate the gent for Service of Process? Reference Information NAIC #: 24767 NAIC Group #: 3548 California Company ID #: 0825-0 Date authorized in September 18, California: 1925 License Status: UNLIMITED—NORMAL Company Type: Property & Casualty State of Domicile: MINNESOTA Lines of Insurance Authorized to Transact The company is authorized to transact business within these lines of insurance. For an explanation of any of these terms, please refer to the Website checked on Monday, August 02, 2004 glossary. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY CREDIT DISABILITY FIRE LIABILITY MARINE MISCELLANEOUS PLATE GLASS SPRINKLER SURETY TEAM AND VEHICLE WORKERS' COMPENSATION Company Complaint Information 1,t. Company Enforcement Action Documents .......... Company Performance & Comparison Data Composite Complaint Studies Want More? Help Me Find a Company Representative in My Area Financial Rating Orclanizations Last Revised — April 26, 2004 02:22 PM http://cdinswww.insurance.ca.gov/pis/wu—co—prof/idb—co—prof—utl.get—c Website Checked on Monday, /\UgUsf (}2, 2[)[)4 Copyright O California Department of Insurance Disclaimer hffp: / /CdinsVYYVYY.insUrOnce.CO.QDY /D|S /wU__CQ__pF0f /'db__CO__prOf__Uf|.get__C... Bond No. TD8641 Executed in Duolicate LABOR AND MATEMAL BOND whereas,the City Council of the City of Redlands,State of California,and CB&I Constructors, Inc., 250 Vilest 1st Street, Suite 210, Claremont, CA 91711 (hereinafter designated as "p'rincipal") have entered into an agreement whereby Principal agrees to demolish designated wastewater facilities, which said agreement,dated August 1 2004, and identified as 1350 ZONE RESERVOIR PROJECT,Project No,4-0518 is hereby referred to and made a part hereof; and Whereas, under the terms of said agreement,Principal is required before entering upon the performance of the work,to file a good and sufficient payment bond with the City of Redlands to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California. Now, therefore, said Principal and the undersigned as corporate surety, are held firmly bound unto the City of Redlands and all contractors,subcontractors,laborers, material men and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum afTwo Million Four Hundred Six TnousandDoi] 02,406,194.00)for materials frnrtrished or labor "One Hundred thereon of any kind, or for a-mounts due under the Unemployment insurance Act with respect to such Ninety-Four an4,ork or labor,that said surety will pay the same in an amount not exceeding the amount hereinabove set No/100----- forth, and also in case snit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City of Redlands in successfully enfoxing such obligation,to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall unsure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082)of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be frilly performed, then this obligation shall become null and void, otherwise it shalt be and remain in fall force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the sarne shall in any manner affect its obligations on this bond,and it does hereby waive notice of any such change,extension of time,alteration or addition.. In witness whereof,this instrument has been duly executed by the Principal and surety above named,on August 1 2004 .' " w CeY'I't-ti ro,++o►. G'1-V_Q' _Afk a*d Au.tkori (SEAL) CB&I Constructors,,t Inc. St. Paul Fire and Marine Insurance Company BY: (Signature) Margaret Bubol (Signature) Attor ey-in-Fact Address: 9 X30 PnSt Q-qkR1vri sti11P900 _ i-En�f�ron Tk 770�6� ,Sea]and t~?ormial Acknowledgment of Surctyj Telephanc( 832 CD 6 Aon Risk Services of Texas, Inc. dba Aon Risk Insurance Services ofTexas, Inc. CALicense #D55S715 CERTIFICATE OF ACKNOWLEDGMENT OF CORPORATE SURETY State of Texas D County 0fHarris � Before me, the undersigned authority, onthis day personally appeared Margaret Buboltz, hDUvvn to me to be the person whose name is subscribed to the foregoing ------ instrument as Attorney-in-Fact Of St. Paul Fire and Marine Insurance Compan , and acknowledged to me that he/she executed the same for purposes and consideration therein expressed, and inthe capacity therein stated. Given under my hand and seal ofoffice this f"m day of August, 2004. SEAL =_ Nota�ry Public in and for The State of TEXAS My Commission expires: 10/13/06 'P`dtllSurety St_foal t�irc laid hfariac luso(attce Compxac Vttitaxl Stat"f'idclity and Cuarawy Certtttatty a4( lSt.F'aut4uirdisn[uiucaaceCotupxnc HdAltt atidGuaexatr'lasurancrC"ntpau} St..t'xui,letcurg lu'ur'.0 r rc•.S("6t+rltxact"rdzlitg and<::uxra.ntt'Irriu['at.ce Endrrwriteri,luc_ titaltu� d Stilet.,'(:si(gsxtts tit foul 11141;1x1 Lixtrilit.'tnarttxnte<'uurttsn RIDER C.OiN,rA[NtNG DI'SCLOSUR.i NOWCE OF TERRORISM COVERAGE This disclosure notice is required by the Terrorism Risk Insurance Act of 2002 (the "Act'). No action is required on your part. This Disclosure Notice is incorporated in and a part of the attached gond, and is effective the date of the bond_ You should know that, effective November 261, 2002, any losses covered by the attached bond that are caused by certified acts of terrorism would be partially reimbursed by the United States under a formula established by the Act. Under this formula, the United States reimburses 90% of covered terrorism losses exceeding the statutorily established deductible paid by the insurance company providing the coverage. Under the Act, there is a cap on our liability to pay for covered terrorism tosses if the aggregate amount of insured losses under the Act exceeds $300,000,000,000 during the applicable period for all insureds and all insurers combined. In that case, we will not be liable for the payment of any amount which exceeds that aggregate amount of $100,000,000,000. The portion of your premium that is attributable to coverage for acts of terrorism is 0.00. IMPORTANT NOTE: THE COST OF TERRORISM COVERAGE IS SUBJECT TO CHANGE ON ANY BONDS THAT PREMIUM IS CHARGED ANNUALLY. POWER OFATTORNEY f 7hegftl Seaboard Surety Company United States Fidelity and Guaranty Company St.Paul Fire and Marine Insurance Company Fidelity and Guarardy Insurance Company St.Paul Guardian Insurance Company Fidelity and Guaranty Insurance Underwriters,Inc. St,Paul Mercury Insurance Company Power of Attorney No. 24137 Certificate No. 2058997 KNOW ALL MEN BY THESE PRESENTS:That Seaboard Surety Company is a corporation duly organized under the laws of the State ofNew York,and that St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company and St. Paul Mercury Insurance Company are corporations duly organized under the laws of the State of Minnesota,and that United States Fidelity and Guaranty Company is a corporation duly organized under the laws of the State of Maryland,and that Fidelity and Guaranty Insurance Company is a corporation duty organized under the laws of the State of Iowa, and that Fidelity and Guaranty'Insurance Underwriters,Inc. is a corporation duly organized under the laws of the State of Wisconsin(herein collective�y called the "Companies"), and that the Companies do hereby make,constitute and appoint William N.Burke,Wendy W. Stuckey,Lupe Tamayo,Michael J.Herrod,Margaret Buboltz,Angela M.Tindol, Lisa A.Ward,Patti A.Ebarb and U. Theresa Gardner Houston Texas of the City of- State their true and lawful Attorney(s)-in-Fact, each in their separate capacity if more than one is named above,to si�,,n its name as surety to,and to execute,seal and acknowledge any and all bonds,undertakings, contracts and other Aritten instruments in the nature thereof of) behalf of the Companies in their business of guaranteeing the fidelity of persons,guaranteeing the performance of contracts and executing or guaranteeinla bonds and undertakings required or permitted in any actions or proceedings allowed by law. IN WITNESS WHEREOF,the Companies have caused this instrument to be-signed and scaled this 19th day of December 2003 Seaboard Surety Company United States Fidelity and Guaranty Company St.Paul Fire and Marine Insurance Company Fidelity and Guarardy Insurance Company St.Paul Guardian Insurance Compan Fidelit'y and Guaranty Insurance Underwriters,Inc. y St.Paul Mercury Insurance Company E.,A L/4� S E A.L m,rER W.CARNIAN,Vice Presideat 190027 d State of'Maryland City of Baltimore THOMAS E.HUTIBREGISE.Assistant Secretary On this 19th December 2003 dav of before me, the undersigned officer, personally appeared Peter W. Carman and Thornas E. Huibreatse,who acknowledged themselves,to be the Vice I s -resident and Assistant Secretary,respectively,of Seaboard Surety Ccanpany,St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company.St.Paul Mercury ITISUrance Company,United States Fidelity and Gu'aranty Company,Fidelity and Guaranty Insurance Company,and Fidelity and Guaranty Insurance Underwriters',lnc.�and that the seats affixed to the foregoing instrument are the corporate seats of said Cornparfies�and that they,as,such,being authorized so to do,executed the foregoing jnstrument for the purposes therein contained by signing the names ofthe corporations by themselves as duly authorized officers, ���EA EA EA No)- ,4;�. In Witness,Whereof,I hereunto set my hand and official seal. My Commission expires the Ita day of July 2(X,)6. REBEN,7CA EASI-I`Y-0N0KAl,Ai Notary Public cill 86203 Rev,7-2002 Printed in U.S.A. This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Seaboard Surety Company,St.Paul Fire and Marine Insurance Company,St. Paul Guardian Insurance Company,St. Paul Mercury Insurance Company,United States Fidelity and Guaranty Company, Fidelity and Guaranty Insurance Company,and Fidelity and Guaranty Insurance Undenvriters,Inc.on September 2, 1998.which resolutions are now in full force and effect,reading as follows: RESOLVED,that in connection with the fidelity and surety insurance business of the Company,all bonds,undertakings,contracts and other instruments relating to said business may he signed,executed.and acknowledged by persons or entities appointed as Attorney(s)-in-Fact pursuant to a Power of Attorney issued in accordance with these resolutions. Said Power(s)of Attorney for and on behalf of the Company may and shall be executed in the name and on behalf of the Company,either by the Chairman,or the President,or any Vice President,or an Assistant Vice President,jointly with the Secretary or an Assistant Secretary, under their respective designations. The signature of such officers may be engraved,printed or lithographed. The signature of each of the foregoing officers and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Attomey(s)-in-Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof,and subject to any limitations set forth therein,any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company,and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding upon the Company with respect to any bond or undertaking to which it is validly attached;and RESOLVED FURTHER,that Attomey(s)-in-Fact shall have the power and authority,and,in any case,subject to the terms and limitations of the Power of Attorney issued them,to execute and deliver on behalf of the Company and to attach the seal of the Company to any and all bonds and undertakings,and other writings obligatory in the nature thereof,and any such instrument executed by such Attomey(s)-in-Fact shall be as binding upon the Company as if signed by an Executive Officer and sealed and attested to by the Secretary of the Company. I,Thomas E.Huibregtse,Assistant Secretary of Seaboard Surety Company,St.Paul Fire and Marine Insurance Company,St.Paul.Guardian Insurance Company, St.Paul Mercury Insurance Company,United States Fidelity and Guaranty Company,Fidelity and Guaranty Insurance Company,and Fidelity and Guaranty Insurance Underwriters,Inc.do hereby certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies,which is in full force and effect and has not been revoked. IN TESTIMONY WHEREOF,I hereunto set my hand this 1st day of August 2004 a;s'��1�9*�2�,y "cisW4�10.ENSE p j;!kd•so�fiE�N�o_.woa�AhK`.L,iI/�;C�B tj//�.J�.rP,..4-,vMoSa,U4qr�t�'M1� ey � SEAL 197�7 s)!VfiOk0t7 UI Thomas E Huibregtse,Assistant Secretary To verify the authenticity of this Power of Attorney,call J-800- It ey clerk. Please refer to the Power of Attorney number, the above-named individuals and the details of the bond to whit thot'410 `e is attard. � ' }