Arold Construction Company Inc. / Western Surety Comp. - I RECEIVED
SECTION 00410-BID BOND SEP 17 2014
BID BOND FORM TOWN OF .WAPPINGER
KNOW ALL MEN BY THESE PRESENTS: that
TOWN CLERK
* Arold Construction Company, Inc.
as Principal;
and
II ** Western Surety Company as Surety, are
hereby held and firmly bound unto the Town Board, Town of Wappinger, New York in
the amount of:
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Five Percent of Bid Dollars 5Z of Bill •
for the payment whereof Principal and Surety bind ourselves, our heirs, executors,
1 administrators, successors and assigns,jointly and severally, firmly by these presents.
Signed this 11th day of September, 20 14
iWHEREAS, the condition of the above obligation is such that, whereas the Principal has
submitted to the Town Board a certain bid, attached hereto and hereby made a part
hereof, to enter into a contract in writing for the United Wappinger Water District Atlas
and Hilltop Filtration for the Town of Wappinger, New York, as shown and specified in
the contract plans and specifications.
NOW THEREFORE,
(a) if said Bid shall be rejected, or in the alternate
(b) If said Bid shall be accepted and the Principal shall execute and deliver a
contract in the Form of an Agreement attached hereto (properly completed in
accordance with said Bid) and shall In all respects perform the agreement
Icreated by the acceptance of said Bid, then this obligation shall be void.
Otherwise, the same shall remain in force .and effect, It being expressly •
understood and agreed that the liability of the.Surety for any and all claims
hereunder shall, in no event, exceed the amount of this obligation as herein
stated.
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The Surety, for value received, hereby stipulates and agrees that the obligations of said
Surety and its bond shall in no way be impaired or affected by any extension of the time
I within which the Principal may accept such bid; and said Surety does hereby waive
notice of any such extension.
1 IN WITNESS WHEREOF, the Principal and the Surety have hereunto set their hands : . -
and seals, and such of them as are Corporations have caused their Corporate seals to
be hereto affixed and these presents to be signed by their proper officers, the day and
year first set forth above.
I
BID BOND 00410-1 .
1 E:IdocumentslT Wappingerla W20081W20802 United Wapp Water1W20802.12 Meadow Rte9 Loops
Filtration1Specs\Filtrattan1Specifcations Div 0+1100410.doc
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(SEAL)
PRINCIPAL
• *Insert Bidder's Name
**Insert Surety's Name By
Signed, sealed and delivered
in the presence of
(Corporate seal of Contractor
if a corporation)
Arold Construction Company, Inc. "
Contractor
•
B ViollAikkb 1 `► '
y Vaerie Dwyer, Yresiden `g.
do
Western Surety Company
etc/By Cane . Bazyck1,(Title of 111 l•-r)
Attorney-In-Fact
(Corporate seal of
Surety) Attest
(Title of Officer)
y E
•
BID BOND 00410-2
E:documents1T Wappingeria W2008W20802 United Wapp Water1W20802.12 Meadow Rte9 Loops
F•titration\Specs1FlttrationlSpecificalions Div 0+1100410.doo
•
•
STATE of NEW YORK —�
COUNTY of ULSTER )SS:
On this 11th day of September , 2014 .
before me personally came Valerie Dwyer to me
known and known to me to be the person described in and who executed the
foregoing instrument, and he/she duly acknowledged that he/she executed the
same.
.
• Nota ublic, County
No. v r0 (pi 571 Y Term Expires f o /v
- END OF SECTION-
Karen A. Tobias
1 Notary Public, State of New York
No. 01T06157148
Qualified In notches County/Li
ommission Expires Dec, 4, 20
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•
BID BOND00410-3
E:ldocuments\T Wappinger1a W20081W20802 United Wapp Water1W20802.12 Meadow Rte9 Loops
Filtration\Specs\Ffltration1Specifications Div0+1100410.doc
I
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STATE of NEw YORK ----)
COUNTY of SCHENECTADY )SS: .
On this 11th day of September , 20 14 .
` before me personally came Catherine T. Bazycki to me
known and known to me to be the person described in and who executed the
foregoing instrument, and he/she duly acknowledged that he/she executed the
Isame. '
LR• Notary Public,, ikiCounty ._)) .-Q—C ..ZSEtat
No.5\ LQ(:) ,(i 5 Del Term Expires CC0 C-Q., '2-41-D 6
- END OF SECTION- .
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KIMBERLY S. SYLVESTER
I Notary Public, State of New York
No. 01SY6089309
Qualified in Schenectady County
Commission Expires March 24, 20 l�
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1 •
II
II
in I
BID BOND
E:ldocuments\T Wappinger\.a W2008\W20802 United Wapp Water1W20802.12 Meadow Rte9 Loops
Filtration1Specs\Flltration1Specirications Div 0+1100410.doc
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Western Surety Company
POWER OF ATTORNEY APPOINTING INDIVIDUAL ATTORNEY-IN-FACT
Know All Men By These Presents,That WESTERN SURETY COMPANY,a South Dakota corporation,is a duly organized and existing corporation
having its principal office in the City of Sioux Falls,and State of South Dakota,and that it does by virtue of the signature and seal herein affixed hereby
make,constitute and appoint
Catherine T Bazycki, Gail D Valentino,J. Carlos Viana, Jeanne M Maloy, Maria T Delorenzo,
Individually
of Scotia,NY,its true and lawful Attomey(s)-in-Fact with full power and authority hereby conferred to sign,seal and execute for and on its behalf bonds,
undertakings and other obligatory instruments of similar nature
- In Unlimited Amounts —
and to bind it thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the corporation and all the acts of said
Attorney,pursuant to the authority hereby given,are hereby ratified and confirmed.
This Power of Attorney is made and executed pursuant to and by authority of the By-Law printed on the reverse hereof,duly adopted,as indicated,by
the shareholders of the corporation.
In Witness Whereof, WESTERN SURETY COMPANY has caused these presents to be signed by its Vice President and its corporate seal to be
hereto affixed on this 15th day of July,2014.
WESTERN SURETY COMPANY
4in70 aul T.Bruflat,Vice President
State of South Dakota ) ss
County of Minnehaha I
On this 15th day of July,2014,before me personally came Paul T. Bruflat,to me known,who,being by me duly sworn,did depose and say: that he
resides in the City of Sioux Falls,State of South Dakota;that he is the Vice President of WESTERN SURETY COMPANY described in and which executed
the above instrument;that he knows the seal of said corporation;that the seal affixed to the said instrument is such corporate seal; that it was so affixed
pursuant to authority given by the Board of Directors of said corporation and that he signed his name thereto pursuant to like authority,and acknowledges
same to be the act and deed of said corporation.
My commission expires
J.MOHR
June 23,2015 i e Y SOUTH DAKOTA sEu
- -- , •• --- - dau‘..)
J.Mohr,Notary Public
CERTIFICATE
1, U Nelson, Assistant Secretary of WESTERN SURETY COMPANY do hereby certify that the Power of Attorney hereinabove set forth is still in
force,and further certify that the By-Law of the corporation printed on the reverse hereof is still in force. In testimony whereof I have hereunto subscribed
my name and affixed the seal of the said corporation this 11th day of September , 2014 .
"ygiarrc WESTERN SURETY COMPANY
le- POggr+�e
ti(4° T1s
L.Nelson,Assistant Secretary
Form F4280-7-2012
1.
Authorizing By-Law
ADOPTED BY THE SHAREHOLDERS OF WESTERN SURETY COMPANY
This Power of Attorney is made and executed pursuant to and by authority of the following By-Law duly adopted by the shareholders
of the Company.
Section 7. All bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation shall be executed in the
corporate name of the Company by the President, Secretary, and Assistant Secretary, Treasurer, or any Vice President, or by such other
officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer
may appoint Attorneys in Fact or agents who shall have authority to issue bonds,policies, or undertakings in the name of the Company.
The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the
corporation. The signature of any such officer and the corporate seal may be printed by facsimile.
WESTERN SURETY.COMPANY
Sioux Falls, South Dakota
Statement of Net Admitted Assets and Liabilities
December 31, 2013
ASSETS
Bonds $1,724,685,206
Stocks 23,751,064
Cash and short-term investments 15,700,560
Investment income due and accrued 20,454,904
Uncollected premiums and agents'balances 42,288,900
Net deferred tax asset 20,676,332
Other assets 8,794,561
Total Assets $1,856,351,527
LIABILITIES AND SURPLUS
Losses $307,482,238
Reinsurance payable on paid losses and loss adjustment expenses 5,583,589
Loss adjustment expense 59,547,344
Contingent and other commissions payable 5,935,659
Unearned premiums 252,195,516
Advance premiums 5,072,293
Payable to parent, subsidiaries and affiliates 7,650,063
Other liabilities 7,270,652
Total Liabilities 650,737,354
Surplus Account: $4,000,000
Capital paid up
Gross paid in and contributed surplus 280,071,836
Unassigned funds 921,542,337
Surplus as regards policyholders $1,205,614,173
Total Liabilities and Capital $1,856,351,527
tip outs R8tfiw,
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N!i; ,tit;.
a 7ag4nt3, .Aps Cant Vice President of Western Surety Company hereby certify that the above is
ant.oul;at6,1 presentation of the financial statement of the Company dated December 31, 2013, as filed
wifl4fi" .Vit i 1�brance Departments and is a true and correct statement of the condition of Western
l �
Surety°'Go, ipafl as of that date.
Western Surety Company
By
Assistant Wee - idea
Subscribed and sworn to me this 12th day of March , 2014.
4.4444
My commission expires: "OFFICIAL SEAL' g. �
KATHLEEN M. SCHROEDER A-
• Natally.Public„State,OL.11iirems,. 4 Notary Public
My Commission Expires 08116115 1