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HomeMy WebLinkAboutRighetti #3063-1 traffic study Bond #800035506Subdivision Bond Faithful Performance SUBDIVISION BOND KNOW ALL MEN BY THESE PRESENTS: Bond No.800035506 Premium $2,000.00 Annual First Year Fully Earned That Righetti Ranch, LP as Principal, and Atlantic Specialty Insurance Company, a corporation organized and existing under the laws of the State of New York and authorized to transact surety business in the State of California, as Surety are held and firmly bound unto City of San Luis Obispo in the sum of Two Hundred Thousand and No/100ths Dollars ($200,000.00), for the payment whereof, well and truly to be made, said Principal and Surety bind themselves, their heirs, administrators, successors and assigns, jointly and severally, firmly by these presents. THE CONDITION OF THE OBLIGATION IS SUCH THAT: WHEREAS the above Named Principal has entered into an agreement, dated with the City of San Luis Obispo to do and perform the following work, to wit: Traffic Consulting Bond NOW, THEREFORE, if the above -bounden Principal shall well and truly perform the work referred to in such agreement, then this obligation shall be void; otherwise to remain in full force and effect. IN WITNESS WHEREOF, the seal and signature of said Principal is hereto affixed and the corporate seal and the name of the said Surety is hereto affixed and attested by its duly authorized Attorney in Fact at Tustin, California this 215` day of March. 2018 Righetti Ranch, LP (Principal) (Seal) By: Atlantic Specialty Insurance Company (Surety) (Seal) By: Erik Johansson, Attorney -In -Fact CALIFORNIA ALL PURPOSE ACKNOWLEDGMENT STATE OF CALIFORNIA COUNTY OF Orange } On MAR 2 1 2018 Notary before me, Frances Lefler Public, Date personally appeared Erik lohansson (here insert name and title of the officer) who proved to me on the basis of satisfactory evidence to be the person(s) whose name( is/are subscribed to the within instrument and acknowledged to me that he/slte/bltey executed the same inhis/he&i1kheir authorized capacity("), and that by his � signatures) on the instrument the person(4, or the entity upon behalf of which the personH acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. N 7�—T' NGES IEFLFRrq iM#2150250L!CCALifpgry!p'NGECOUNTY. EX? Ap;c L 23, 2020 N Signature: _Lr & (Seal) Description of Attached Document Title or TypeofDocument: Dncur,wnt Date: Other: OPTIONAL Number of Pages! 0-0 One Beacon I NS V RA N CE 5R0l1P Power of Attorney KNOW ALL MEN BY THESE PRESENTS, that ATLANTIC SPECIALTY INSURANCE COMPANY, a New York corporation with its principal office in Plymouth, Minnesota, does hereby constitute and appoint: Erik Johartsson, Melissa Lopez, Christina Johnson, Ellen Bell, Frances Lefler, Jennifer Maya, James W. Johnson, each individually if there be more than one named, its true and lawful Attomey-in-Fact, to make, execute, seal and deliver, for and on its behalf as surety, any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, provided that no bond or undertaking executed under this authority shall exceed in amountthe sum of: sixty trillion dollars ($60,000,000) and the execution of such bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof in pursuance of these presents, shall be as binding upon said Company as If they had been Filly signed by an authorized officer of the Company and seated with the Company seal. This Power of Anomey is made and executed by authority of the following resolutions adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012: Resolved That the President. any Senior Vice President or Vice -President (each an "Authorized Officer") may execute for and in behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and affix the seal of the Company thereto,, and that the Authorized Officer may appoint and authorize an Attorney -in -Fact to execute on behalf of the Company any and all such instruments and to affix the Company seal thereto: and that the Authorized Officer may at any time remove any such Anomey-In-Fact and revoke all power and authority given to any such Atmmey-in- FarL Resolved: That the Anomey-m-Fact may be given full power and authority to execute for and in the name and on behalf of the Company any and all bonds, recogafzances, contracts of Indemnity, and all other writings obligatory in the nature thereof, and any such instrument executed by any such Attomey-in-Faet shall be as binding upon the Company as if signed and sealed by an Authorized Officer and, further, the Attomey-m-Fact is hereby authorized to verify any affidavit required to be attached to bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof. This power of attorney Is signed and seated by facsimileunder the authority of the following Resolution adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012: Resolved: That the signature of an Authorized Officer, the signature of the Secretary or the Assistant Secretary, and the Company seal may be affixed by facsimile to any power of ammey or to any certificate relating thereto appointing an Atmmey-in-Fact for purposes only of executing and sealing any bond, undertaking, recognizance or other written obligation in the nature thereof, and any such signature and seal where so used, being hereby adopted by the Company as the onginaisignature of such officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as though manually affixed. IN WITNESS WHEREOF. ATLANTIC SPECIALTYINSUHANCE COMPANY has caused diese presents to be signed by an Authorized Officer and the seatof the Company to be affixed this eighth day of December, 2014. e\P�<N IN,...y. foCSEALm. r 1966 'ol <ie yFw By STATE OF MINNESOTA roP'�aa'':,a a,,,ty Paul J. Brehm, Senior Vice President HENNEPIN COUNTY �- �N••'O On this eighth day of December, 2014, before me personally came PaulJ. Brehm, Senior Vice President of ATLANTIC SPECIALTY INSURANCE COMPANY, to me personally known to be the individual and officer described in and who executed the preceding instrument, and he acknowledged the execution of the same, and being by me duly sworn, that he is the sail officer of the Company aforesaid, and that the seal affixed to the precedinginstrument is the seal of said Company and that the said seal and the signature as such officer was duly affixed and subscribed to the said instmonew by the authority and at the direction of the Company. Q-11 TARAJANELLE STAFFORD NOTARY PUBLIC -MINNESOTA My Commission Expires January it. 2020 ;"4 it 1, ,YtN Notary Public 1, the undersigned, Assistant Secretary of ATLANTIC SPECIALTY INSURANCE COMPANY, a New York Corporation, do hereby certify that the foregoing power of attorney is in full force and has not been revoked, and the resolutions set forth above are now in force.. Signedandsealed Dated 21st dayof March 2018 �44-pp0.POngrf,9cf a SEAL m. This Power of Autrey expires r 1966 0? tJcwbcvl._?Otj James G. Jordan, Assistant Secretary ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of San Luis Obispo On March 23, ,2018 before me, R. L. Brian, Notary Public (insert name and title of the officer) personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal.S�LCFa C MML# 1 516 03 r�n NOTARY PUBLIC -CALIFORNIA N SAN LUIS OBISPO COUNTY / °+mtr o MY Comm. EXP. JUNE 12, 2020 6' Signature (Seal)