Subdivision BondC:0.~1 ~.iCOt FROM THE DESK OF Jeff W. Schiller, P.E.
i 60 Merritt Boulevard
_~`~~ ~~DEVELOPMEHT suite 100
Fishkill, NY 12524
(845) 897-8900
(845) 897-8998 FAX
LETTER OF TRANSMITTAL:
Date: 08/19/2013
Job No. 2870
Attention: Mr. Peter Hobday, P.E.
To: Town of Wappinger
Re: Regency at Wappinger Bond #39BSBGG1368
WE ARE SENDING YOU:
®Attached
^Shop Drawings
^Samples
^Under separate cover via UPS the following items:
^Prints ^Plans ^Specifications
^Copy of Letter ^Change order ®Other
Co ies Date No. Descri tion
1 08/15/2013 39BSBGG1368 $2,312,272 Subdivision Bond
THESE ARE TRANSMITTED as checked below:
^For approval ^Approved as submitted
®For your use ^Approved as noted
^As requested ^Returned for corrections
^For review and comment ^For Bids Due
^Resubmit copies for approval
^Submit copies for distribution
^Return corrected prints
^Prints Returned After Loan To Us
REMARKS
If you have any questions, please do not hesitate in contacting me at the number listed above.
COPY TO
File
BOND NO. 39BSBGG1368
SUBDIVISION BOND
KNOW ALL MEN BY THESE PRESENTS: that we, TOLL LAND V LIMITED PARTNERSHIP, A
LIMITED PARTNERSHIP OWNED BY WHOLLY-OWNED SUBSIDIARIES OF TOLL
BROTHERS, INC., as Principal, and HARTFORD FIRE INSURANCE COMPANY, as Surety, are
jointly and severally held and firmly bound unto the Town of Wappinger, as Obligee, in the sum of
TWO MILLION THREE HUNDRED TWELVE THOUSAND TWO HUNDRED SEVENTY TWO
AND 00/100 Dollars ($2,312,272.00), lawful money of the United States of America for the payment of
which we jointly and severally bind ourselves, our heirs, administrators, executors, successors and
assigns, firmly by these presents.
Whereas, the above bounden Principal has ENTERED INTO A PERFORMANCE AGREEMENT
WITH THE TOWN OF WAPPINGER FOR THE CONSTRUCTION OF THE IMPROVEMENTS
SHOWN ON THE "HILLTOP VILLAGE AT WAPPINGER" SUBDIVISION PLAT AND OFF-SITE
WATER LINE IMPROVEMENTS.
NOW, THEREFORE, the condition of the above obligation is such that if the above bounden Principal
shall well, fully and faithfully construct, install and complete said improvements then the above
obligation shall be null and void; otherwise to remain in full force and effect, and the Surety upon
receipt of a resolution of the Obligee indicating that the improvements have not been installed or
completed, will complete the improvements or pay to the Obligee such amount up to the Principal
amount of this bond which will allow the Obligee to complete the improvements.
Upon approval by the Obligee, this instrument may be proportionately reduced as the public
improvements are completed.
Sealed with our seals and dated this 15 TH day of AUGUST, 2013.
ATTEST:
lrSa ~~~ ~5~. cA,4ciM~~.
WI S:
Arlene Ostroff -Witness
TOLL LAND V LIMITED PARTNERSHIP
BY: TOLL PEPPERTREE, INC., GENERAL PARTNER
BY:
HARTFORD FIItE INSURANCE COMPANY
BY:
o . Kolok, Jr., Attorney-in-Fact
Direct Inquiries/Claims to:
POWER OF ATTO~;NEY THE BOND,T-4ORD
One Hartford Plaza
Hartford, Connecticut 06155
call: 888-266-3488 or fax: 860-757-5835
KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Code: 39-320116
Hartford Fire Insurance Company, a corporation duly organized under the laws of the State of Connecticut
Hartford Casualty Insurance Company, a corporation duly organized under the laws of the State of Indiana
Hartford Accident and Indemnity Company, a corporation duly organized under the laws of the State of Connecticut
Hartford Underwriters Insurance Company, a corporation duly organized under the laws of the State of Connecticut
Twin City Fire Insurance Company, a corporation duly organized under the laws of the State of Indiana
Hartford Insurance Company of Illinois, a corporation duly organized under the laws of the State of Illinois
Hartford Insurance Company of the Midwest, a corporation duly organized under the laws of the State of Indiana
Hartford Insurance Company of the Southeast, a corporation duly organized under the laws of the State of Florida
having their home office in Hartford, Connecticut, (hereinafter collectively referred to as the "Companies") do hereby make, constitute and appoint,
up to the amount of unlimited:
l~lliam F. Simkiss, Daniel P. Dunigan, Richard J. Decker, Brian C. Block, Joseph W. Kolok Jr., James L. Hahn
of
Paoli, PA
their true and lawful Attorney(s)-in-Fact, each in their separate capacity if more than one is named above, to sign its name as surety(ies) only as
delineated above by ®, and to execute, seal 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 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 August 1, 2009 the Companies
have caused these presents to be signed by its Vice President and its corporate seals to be hereto affixed, duly attested by its 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.
TT ItM.~ ~O~a•74 ' ~^}ifi ~ ~ y~ C~~
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~'~
Wesley W. Cowling, Assistant Secretary M. Ross Fisher, Vice President
STATE OF CONNECTICUT
ss. Hartford
COUNTY OF HARTFORD )))
On this 12"' day of July, 2012, before me personally came M. Ross Fisher, to me known, who being by me duly sworn, did depose and
say: that he resides in the County of Hartford, State of Connecticut; that he is the Vice President of the Companies, the corporations described in
and which executed the above instrument; that he knows the seals of the said corporations; that the seals affixed to the said instrument are such
corporate seals; that they were'so affixed by authority of the Boards of Directors of said corporations and that he signed his name thereto by like
authority.
~~
R: ru~ttc , Katlileen T. Maynard
Notary Public
CERTIFICATE My Commission Expires July 31, 2016
I, the undersigned, Vice President of the Companies, 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 still in full force effective as of AUGUST 15, 2013
Signed and sealed at the City of Hartford.
.r 4
•
o ~~- r` .~~.~~ .;cif ta~a r ~ ,t-'+•~,o ~,''~..~. _~_ ~
r~'~U1r As •4^~~ F :>>n 6A f: ~ R•t-ti1R' ~~„: 1pg9 i~;mot fa74 ~ '~ 4
ti ,~~ .. ,~ +- •;~ .. .~ •,+ fi -;~•......~' ~a~...~ • 7979
Gary W. Stumper, Vice President
HARTFORD FIRE INSURANCE COMPANY
Hartford, Connecticut
Financial Statement, December 31, 2012
(Statutory Basis)
ASSETS
U.S. Government Bonds ................... $ 468,076,524
Bonds of Other Governments ............. 225,576,451
State, County Municipal
Miscellaneous Bonds ............ 12,051,050,206
Stocks ............................... 5,407,687,599
Short Term Investments ................... 565,906,440
$ 18,718,297,220
Real Estate ................................... $ 201,114,123
Cash ........................................... 89,214,243
Agents' Balances (Under 90 Day) ...... 2,837,315,710
Other Invested Assets ..................... 539,241,941
Miscellaneous ............................... 2,235,154,560
Total Admitted Assets ................... $ 24,620,337,797
STATE OF CONNECTICUT
COUNTY OF HARTFORD SS.
CITY OF HARTFORD
LIABILITIES
Reserve for Claims
and Claim Expense ..........................
Reserve for Unearned Premiums ................
Reserve for Taxes, License
and Fees .......................................
Miscellaneous Liabilities ..........................
Total Liabilities .....................................
7,358,097,206
1,948,066,149
66,134,885
2,235,501,984
$ 11,607,800,224
Capital Paid In $ 54,740,000
Surplus ................ 12,957,797,573
Surplus as regards Policyholders........... $ 13,012,537,573
Total Liabilities, Capital
and Surplus .................................... $ 24,620,337,797
M. Ross Fisher, Vice President ,and Wesley W. Cowling, Assistant Secretary of the Hartford Fire Insurance Company, being duly
sworn, each deposes and say that the foregoing is a true and correct statement of the said company's financial condition as of
December 31, 2012.
Subscribed and sworn to before me
this 19th day of April, 2013.
~~7~-~,~ I ~'1 ~~~,~.~,t.r~
Kathleen T. Maynard
Notary Public
My Commission Expires July 31, 2016
1''~~-
M. Ross Fisher, Vice President
Wesley W. Cowling, Assistant Secretary
~.~ ~.
Form CS-19-37 HF printed in U.S.A.