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HomeMy WebLinkAboutJohnson-Davis Incorporated Payment and Performance BondBK: 3713 PG: 884, 7/24/2024 3:28 PM PERFORMANCE BOND Bond No. 016241410 BY THIS BOND, We Johnson -Davis Incorporated as Principal, hereinafter called Contractor, and Liberty Mutual Insurance Company as Surety, are bound to the City of Sebastian, Florida, as Obligee, hereinafter called City, in the amount of Nine Hundred Fifty-eight Thtnisand & 00,100 Dollars ($ 958,000.00 ) for the payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally. WHEREAS, Contractor has by written agreement entered into a Contract, No. 24-09-ITB, Riviera Avenue and Gardenia Street Drainage Improvements awarded the 10 day of July, 2024, with City which Contract Documents are by reference incorporated herein and made a part hereof, and specifically include provision for liquidated damages, and other damages identified, and for the purposes of this Bond are hereafter referred to as the "Contract THE CONDITION OF THIS BOND is that if the Contractor: 1. Performs the Contract between Contractor and City for Riviera Avenue and Gardenia Street Drainage Improvements, the Contract being made a part of this Bond by reference, at the times and in the manner prescribed in the Contract; and ?. Pays City all losses, liquidated damages, expenses, costs, and attorney's fees, including appellate proceedings, that City sustains as a result of default by Contractor under the Contract; and 3. Performs the guarantee of all Work and materials furnished under the Contract for the time specified in the Contract: then THIS BOND IS VOID, OTHERWISE IT REMAINS IN FULL FORCE AND EFFECT. 4. whenever Contractor shall be, and declared by City to be, in default under the Contract, City having performed City obligations hereunder, the Surety may promptly remedy the default, or shall promptly: a. Complete the Project in accordance with the tenns and conditions of the Contract Documents; or b. Obtain a bid or bids for completing the Project in accordance with the terms and conditions of the Contract, and upon detennination by Surety of the lowest responsible Bidder, or, if City elects, upon detennination by City and Surety jointly of the lowest responsible Bidder, arrange for a contract between such Bidder and City, and make available as Work progresses (even though there should be a default or a succession of defaults under the Contract or Contracts of completion arranged under this paragraph) sufficient funds to pay the cost of completion less the balance of the Contract Price; but not exceeding, including other costs and damages for which the Surety may be liable hereunder, the amount set forth in the first paragraph hereof. The tern "balance of the Contract Price," as used in this paragraph, shall mean the total amount payable by the City to the Contractor under the Contract and any amendments thereto, less the amount properly paid by the City to the Contractor. et d'�' etson of co.�°tavon °� i0t to of the use of any p et the CQnttat Dd thmeaves aU acc con this bond to anY change �t d � ih they Surety heteb� Yc a red ty0 nbht °Cabe e�°h once OS and a�reYsfottY`a��ue�n�°en�,s �°na t pri Contact °t me wc NOW-C wa o to VOWTO to the Cp°stta City °a Abe `�u my byNcc of nOnsutety s °bh chan€�cs °C to . 24 �,d coe do not hankgeo ,nclua� a other Ob�tat�o 2� j no o� anY utcbascotacts, �U\y CVOVL tc su onttacts,p 2 �d day °� co, avis\ncotP°ca be this ..—�' �ohnsp4 dool Stsnea and sewed w��N�SSESt ey' CCOwp0�p,`pE S�'A of cot >ca i���natUcel ��. ft� and"Cit1e tint BY P'gvcs �c�cph°ne�o . se) C �r\taty teAU'ted for Onnacto day °� o bc�Ote fie tits S otn to an8 subscribed ° pUb>>c ' State kn0' N ion D� cxpite petsona�\y Nty com�p��,K'� Or pt0d°cea ident�f�cat�on/\5A\�a1tt ��oue�e CA ass` H22,2�2a i�ypc of ldendCrca s me notatY pub tea, tn'ca' °r Stamp ed co,�miss�$ na iptin l3 Y lilt' 3 1 v: �KU Q �Y��N� BONv tin��P • hereina�Gt e �\ as the City of utatcci bound to of Davit\ncom as Sutcry, ate amoum We }uh�„un company in thG ctot and ,ucancc Ued City, f Conaa TN\S BOND, n� M�auat in: ca wbctco ti �ci>z , inaftct min` point\y a'nd hccc igeG. p\10 � for the Pay and aSScgns. . nuactor and pb\�)5K . ea\1cd C0 F\o�da as S JccessoCS a� tots, No Z,�i1N �TB, Sebastian. he�CS, CXUtt)Cs• CpptCBCt, A, zinc tiu��"�\ tthe\C tnlo �U\y, 20Z SG\vcs, enterWa�1cd the \o day nt bind than tccment GciC�ca\\y Surety within ag ��t, f and sP \`�s by a �mProVetn act tceteo , and seveta\\y ntcactot inaw nd made a P utposes o(thcs B W�hR6AS C0 \a Street pea herein a for the P d C.ardea lncotP°cared tcfced and v�o>•e an by cefcrcncc other damages `den Rcv\cra A Contract ate which damages, and apPG\\ate with Ci\y for \tAutdated including „Contract,. attorney s Fees covl5`on as the traetoc•. Contract, and inc\ude P F (1�15 BOND is that if Co" Under thG (ter te(eaed to uses, cConk actor for a\1 \abot. 'ale d damages, cXPG \tby �55ii51\\ of the \f\ON0 au tatutc antic CNh COND a\\ losses. h4UrdainsbGca0c of de Florida S the �0cm WISE. \1 \. ears Ccty ,s tha�City SUsta de(�ned y b tot in ,IH 6 uts to la`maQcs ndctcctly SHA�� B� pXaWEVE , �0 �K pC°CCGd1n� a\\ G 4y makes pay es used acrect\y p8`1GA(\0 �hC ( SU8} not I' emaenals and C00INCI 0,cE AND EF Contractor and who 1 days with f°�,y-�cvc l Wot� civiry of the SKA\'� R G C`ON� LIONS 1s not nor QUPP1ics ska the pry ecIAion Fp\ �OW\N tct. who icon. t a \abo r tGtia\s, or soup cos \ nd (ot PtotGG (ot ant, exceP (or its \abo , mmatctwx the bo d aymen� �. A c\arm ay aNcnt ish \ab°r' intends to \pOh to not receive p °f the .,cd P ancc teccc beg`n�o actor a n°rice thathG C onttactor and ���� d ys after Pot�a� aGtot and t0°t abet with h�tcicshto nmcty \ies, deCcvec e materia in privity \\ vvithcn r silt' rot of th who is lies sha " de\iverl c\atmant nooc Su o(e� (the \abo b• A macccia\s \ere de\ivory Contrac�oc of thG its laboc,aher comp c P ,atinst �1 have bccn Jabot of wtittcn noucc o, nt. be insuwtcd a7 \ 1 and i- the Surety � d of the nonPay \i+s may condcuons l \ies an matecia\s, °r s cie ptGcea`ng of the suPP dot the \ongct5 �\ or for the \abot stated Un with .U-1 C, N° act\on \css the nok\ees aCcardanGG SGcicon Succty nn be instc�nted `n ccsctibcd in ,\vela, and must roVlS\°nS P Sin of under the Cpn\CaC1 � Under this 6 �cmitaicons P Any action Timc change with the Contract d app\icaye Noic�lo daSetutcs. that any GOnnected of and agtGwlth any focmah8oad Section UoUce \iancc dot thls hereby waves noncomP bhgatwnccn 3 The Sutety and comP\ia�ffcct the SUtcty s ° Dwumcnts Gs dpes not of the Chang �K; ram: rssi 23rd day of July Signed and sealed this 'WITNESSES: (Secretary) tCORVORATE SEAL) IN THE pRESENCE OF' Nicole Stillings, Witness 2024 — CONTRACTOR Johnson-Davislncorporated (Name of Corporation) By= L� (5ignat<►re N me and'1 itle) � {.c3i�is Address: (street) Boston, MA 02116 (City/StatelZip Code') Telephone No.: (617)357-9500 (Notary required for Contractor's Signature) L� ?-� day of be me this j,� anis: ubscribed means by a� s Sworn to an via electro either to person or _ of the i7 .� "._._ personally known 1/ Or produced identification NOTARY SEAL pt�ry pettce�r L 6p, 17811i Como'swn # H 22, 2026 * *� Expires 1su ry omtl sery sa � �„e�arnn� stN '°rFOF Fro as follows: ..ter ary-Public State of expires on: My Commission _f 20�� as tiK: 3 / 13 rb: NNN Bond Number: 016241410 State of Wisconsin County Of Dane ACKNOWLEDGEMENT OF SURETY ss. On this 23rd day of July Public, personally appeared known to me to be the r 2024 , before me, a Notary Joshua R. Loftis Attorney -in -Fact of Liberty Mutual Insurance Company r the corporation that Is described in and that executed the attached instrument, and acknowledged to me that such corporation executed the same, and that she is Attorney -in -Fact of the corporation described in and which executed the foregoing instruction; that she knew the seal of the corporation; and that the seal affixed to said instrument was such corporate seal; that is was so affixed by order of the Board of Directors of said corporation and that she signed her name they to by like oyqer. Signat re of Notary Publig Nicole Stillings My Commission Expires: 09/1912026 (Seal) NICOLE STILLINGS NOTARY PUBLIC STATE OF WISCONSIN nw s /is ru: wiv This Power of Attomey limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated. Liberty Liberty Mutual Insurance Company mutual, The Ohio Casualty Insurance Company Certificate No 8210698 - 190054 SURETY West American Insurance Company POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS: That The Ohio Casualty Insurance Company is a corporation duly organized under the laws of the State of New Hampshire. that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the Slate of Massachusetts. and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana (herein collectively called the 'Companies '), pursuant to and by authority herein set forth, does hereby name, constitute and appoint. Brian J. 0k,trcich, Colby U White. Emily Whitc, Joshua R. I.nRic. Lin Ulvcn, Melinda C. Blodgcll. t1whclle %larrison• Nathan Wanur. Nicole Stilling., R. ('. Ho" man. R. A'. Frank. Rachel Fbomas. Ross S. ~quires, Sandra NI. Frestmnl, Sancti UmKt.. red,lurgenscn. Fina Unmask all of the city of 3linncapolis stale of MN each individually if there be more than one named. Its true and lawful attomey-t -fact to make. execute, seal, acknowledge and deliver, for and on Its behalf as surety and as its act and deed. any and all undertakings, bonds, recognizances and other surety obligations, in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF, this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 3lsl day of August 2023 Liberty Mutual Insurance Company v tNSUq ASV IN9� 1NSu. The Ohio Casualty Insurance Company P°R+jo'LC� P P°°pPOR+tR9y� �P `I PoR�r 1c West American Insurance Company ° 1912 c 1919 m, 1991 - d�yR'+CHUSF• aa; �S V 9�af�q '!� 'M —1i, ,da It .41'Vyl /� •� A U a,T I �Ni . *a 'yM . r� By: M David M Carey. Assistant Secretary 6 "m State of PENNSYLVANIA 12 of County of MONTGOMERY ss p T w 6.2 On this 31 st day of August 2023 before me personally appeared David M Carey who acknowledged himself to be the Assistant Secretary of Liberty Mutual Insurance 8 4) ,_ Tp Company. The Ohio Casualty Company and West American Insurance Company, and that he. as such, being authorized so to do. execute the foregoing instrument for the purposes'- a N22 N therein contained by signing on behalf of the corporations by himself as a duly authorized officer a IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my notarial seal at Plymouth Meeting, Pennsylvania. on the day and year first above written N ..q� �. aO O !�'��.�'; ��`,� Communweafth o(Pennsylvania - Noun Seal'. 'eres3 lasarne Naour Publlt B %) •� ,0, 1 1 •\ 'j ucnlgomery County T4/nJ�. /K�i��•/ E My commissior expires March 28, 2025 y. Xi• -4( 1) C �. ? / Commisson number 11260" iy .. ^ V'("�^�., � : ` Memoea Peensy�.ams asaocauan or uoienos Teresa Paslella, Notary Public Q O fah to \ti,�'� Oq This Power of Attorney is made and executed pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company Liberty Mutual coo o Insurance Company and West American Insurance Company which resolutions are now in full force and effect reading as follows lct d ARTICLE IV - OFFICERS: Section 12, Power of Attorney `o 0 M Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President, and subject to such limitation as the Chairman or the -p 6 v > President may prescribe shall appoint such attomeys-in-fact, as may be necessary to act in behalf of the Corporation to make. execute seal. acknowledge and deliver as suretytoo any and all undertakings. bonds. recognizances and other surety obligations Such attorneys -in -fact. subject to the limitations set forth in their respective powers of attorney shall •v 3 have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation When so executed. such Co ar Zv instruments shall be as binding as if signed by the President and attested to by the Secretary. Any power or authority granted to any representative or attomey-in-fact under the a provisions of this article may be revoked at any time by the Board, the Chairman the President or by the officer or officers granting such power or authority li a ARTICLE XIII - Execution of Contracts: Section 5 Surety Bonds and Undertakings. Any officer of the Company authorized for that purpose in writing by the chairman or the president, and subject to such limitations as the chairman or the president may prescribe, shall appoint such attorneys -in -fact, as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, - bonds, reoognizances and other surety obligations Such attomeys-in-fact subject to the limitations set forth in their respective powers of attorney shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company When so executed such instruments shad be as binding as it signed by the president and attested by the secretary Certificate of Designation - The President of the Company acting pursuant to the Bylaws of the Company. authorizes David M Carey Assistant Secretary to appoint such attomeys-in- facl as may be necessary to act on behalf of the Company to make. execute seal acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations Authorization - By unanimous consent of the Company's Board of Directors. the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company, wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds, shall be valid and binding upon the Company with the same farce and effect as though manually affixed 1. Renee C Llewellyn the undersigned. Assistant Secretary, The Ohio Casualty Insurance Company. Liberty Mutual Insurance Company and West American Insurance Company do hereby certify that the original power of attorney of whidn the foregoing Is a full, true and correct copy of the Power of Attorney executed by said Companies. is in full force and effect and has not been revoked , IN TESTIMONY WHEREOF I have hereunto set, my harid'ard afixea the seals of said Companies this 23rd day of July 2024 1NSUq tV INS& 1NSUq j P�JPPO�rOycsM1 vJ �C°aP°r4rR•*y 0+p c°�POR^rq�Cs Fp C1 Z AO a( 1912 ppp" ` 1919 C. s 1991 �� WO 6,��b+.Hu9e dL b eK M�xesFda rye xNoue+P +pi By: 941 1t► Renee C Llewellyn. Assistant Secretary LMS-12873 LMIC OCIC WAIC Multi Co 0221