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HomeMy WebLinkAboutT-5728 - Cashier Memo - 7/8/2008 City of MEMORANDUM PLANNING& DEVELOPMENT DEPARTMENT- PLANNING DIVISION •2600 FRESNO STREET-FRESNO, CA 93721 DATE: June 18, 2008 TO: ROSE SALDIVAR JUN 3 0 2008 Public Works Department Planning Division Planning &Development Dept FROM: JONATHAN BARTEL CITY OF FRESNO Planning & Development Department SUBJECT: SUBMITTAL OF FEE PAYMENT FOR TRACT NO. 5728 THE FOLLOWING ITEMS ARE SUBMITTED FOR PROCESSING: 1. Performance Bond in the amount of$4,252,200.00 2. Payment Bond in the amount of$2,238,000.00 3. Certificate of Deposit in the amount of$223,800.00 4. Check in the amount of$477,508.65 (Bank of America No. 862188) 5. Copy of the Subdivision Agreement identifying itemized applicable charges. If you have any questions, please contact me at 621-8076. Thank Jonathan Bartel Finance Control No. City of Fresno Security Deposit Form To: Finance Department - Accounting Division From: Rose Saldivar - Public Works Department CD X Passbook Other Deposited At: Bank Of The West, Visalia Ca Certificate/Acct. No: 003611574 Deposit Amount: $223,800.00 Maturity Date: 06/12/2009 Depositor: Name: Centex Homes Amber Point 2 Address: 801 S Akers Street Visalia, Ca 93277 Street City/State Zip Job Address: Tract 5728 Received By: Rose Saldivar, Public Works Engineering Date: 06/19/08 Authorization to Release Signature Date Release To: Name: Address: Street City/State Zip FINANCE USE ONLY 4 Accepted By: Released,By: Name � Dall yof Release: � lDelivered '- I acknowledge receipt of the ` Signature: _ _ Dates Comments: • CERTIFICATE OF DEPOSIT RECEIPT BANK WEST Branch Name: Visalia-00088 Date of Deposit: 06/12/2008 Account Number:003611574 Amount of Deposit: $223,800.00 Today's Date: 06/12/200806/12/2009 Maturity Date: Branch Approval:Donna Gallian 2.32 Initial Interest Rate: Customer Name CENTEX HOMES AMBER POINT 2 Initial Annual Percentage Yield: 2.34 and Address TRACK 5728 FBO CITY OF FRESNO Interest Payment Method: Redeposit 801 S AKERS ST VISALIA, CA 93277 Pay Interest to Account#: 000000000 Interest Payment Frequency: 1 Month(s) Phone Term: 12 Months Renewal: Automatically Renew Deposit receipt not needed for redemption. Thank you for opening a Certificate of Deposit with Bank of the West.Your account has been opened for the amount and terms shown above. Any questions regarding your Certificate of Deposit can be answered by your branch or by calling the Bank's Telephone Banking Center(800-188-BANK or 408-947-5030). INFORMATION REGARDING CERTIFICATE OF DEPOSIT ACCOUNTS Minimum Opening Balance$ 19�M2 OCA Minimum balance required to earn APY$ Iry ADDITIONAL DEPOSITS - If you wish to add funds to your Certificate, you may do so during the 10 calendar day graceperiod following the account's maturity date. or - day!Certificates,you may add funds during the 1 calendar day grace period following the maturity date: Interest on the additional funds both cash and noncash begins to accrue on the business day you deposit it and at the same rate in effect for the renewed Certificate. The additional funds will mature at the same time as the renewed Certificate. The minimum amount for an additional deposit is$100.00. WITHDRAWALS-Interest which has been reinvested may be withdrawn at any time,if the account term and interest rate have not changed since the renewal. itiona wi rawals without penalty are permitted, during the 10 calendar day grace period following maturity (1 calendar day grace period for 7-31 days Certificates)for automatically renewable Certificates,or upon the death or mental mcapacity of the depositor.Accounts closed during the grace period will forfeit any interest accrued during the grace period. Withdrawals at any other time may be permitted at the bank's discretion and are subject to early withdrawal penalties. INTEREST-Interest is accrued on the daily balance. The annual percentage yield assumes that interest earned is reinvested in the account monthly and all funds remain on Ueposit for one year from the date of deposit,and the interest rate does not change. Interest withdrawn during the term of the account will reduce the annual percentage yield earned. TERMS OF 32 DAYS OR LONGER-You may choose the frequency of interest payments. Interest can be paid as frequently as monthly,but must be paid at least once a year. Interest may be reinvested into the account,credited to another Batik of the West checking or savings account,or paid by check.TERMS OF 7-31 DAYS-You will receive interest at maturity only. Interest may be reinvested into the Certificate of Deposit,or as a deposit to a Bank of the West checking or savings account. MATURITY-Automatically renewable Certificates of Deposit renew automatically at the rate in effect on the maturity date, for the same term and under the same conditions last disclosed(unless we tell you otherwise). We will mail a maturity notice approximately 15 days prior to the maturity date (except for 7-14 days terms). The notice will include a pphone number you can call on the maturity date(or shortly after)to find out the interest rate and annual percentage yield on your renewed Certificate of Deposit. A non-renewable Certificate of Deposit will not earn interest beyond the maturity date,and will not renew automatically at maturity. EARLY WITHDRAWAL PENALTIES-All penalties are calculated on a simple interest basis. The penalttyy assessed may reduce the balance remaining on your account after te withdrawal. e penalty is calculated at the interest rate in effect at the time the Certificate of Deposit was opened or last renewed. The penalties on the amount withdrawn are: 7-31 DAYS TERM-7 days simple interest lost,32 DAYS- 1 YEAR TERM-30 days simple interest lost,or OVER I YEAR TERM- 180 days simple interest lost. CHANGES IN TERMS&CONDITIONS-When you open a deposit account with us,you agree to abide by the terms&conditions detailed on this page and in ffie-Kc-count Agreement you sign. a can change these terms&conditions at any time. Well notify you in advance of any changes that affect your rights and obligations to the extent required bylaw. You indicate that you accept a change we make by continuing your account relationship with us or,if the change affects your certificate of deposit,by allowing the certificate to renew after the change becomes effective. DISCLOSURE OF YOUR ACCOUNT - Account Information may be disclosed to third parties when it is required for governmental reporting for legal processes,or to persons or companies who the Bank believes would legitimately use such information. Certain transactions are also automatically reportable to the government. OTHER INFORMATION REGARDING DEPOSIT ACCOUNTS-Additional information pertaining to the rules&regulations governing deposit accounts can e prove e i you request a current copy o e a o e est Deposit Account Disclosure which is available by phone or in person at any of the Bank's branch offices. You may also call our Telephone Banking Center and request that we send you a Deposit Account Disclosure. NON-NEGOTIABLE NOT TRANSFERABLE MEMBER FDIC 120-01820(Rev..09/07) TimeDepositReceipt Finance Control No. City of Fresno Security Deposit Form To: Finance Department - Accounting Division From: Rose Saldivar - Public Works Department CD Passbook Other Subdivision Improvement Performance Bond Deposited At: Safeco Insurance Company of America Certificate/Acct. No: 6570032 Deposit Amount: $4,252,200.00 Maturity Date: Depositor: Name: Centex Homes Amber Point 2 Address: 801 S Akers Street Visalia, Ca 93277 Street City/State Zip Job Address: Tract 5728 Received By: Rose Saldivar, Public Works Engineering Date: 06/19/08 Authorization to Release Signature Date Release To: Name: Address: Street City/State Zip 3 FINANCE USE ONLY =� ;Accepted Bv: _ h7arpe Date s k Released By: ;. ., �.. .,�•�: E.�:;� ��� .,.". ,. tom... 3e isIMUand[5I veeet Date � ��3 � f�f., w �� �"6� Date ��Yell I above acknowledge receipt of the abore7ferende g P .. . ed instrrrierif: Signature: _ Date Comments:° w:. MARSH � /► � � � Amy Fowler il/� � A Client Representative MARSH MERCER KROLL _ GUY CARPENTER OLiVER WYMAN Marsh USA Inc. 1000 Main Street Suite 3000 Houston,TX 77002 713 276 8678 Fax 713 276 8538 Amy.Fowler@Marsh.com www.marsh.com May 22, 2008 Arakel Arisian Centex Homes 801 S. Akers Street Visalia, CA 93277 Subject: New Bond Principal: Centex Homes, a Nevada General Partnership Obligee: City of Fresno Bond Description: Performance & Payment Bond Bond Amount: $ 4,252,200.00 Bond Number: 6570032 Dear Arakel: I am sending you the above-referenced bond in response to your request. The bond is based on the information we received with the request. Please have this bond signed, sealed, and forwarded to the Obligee for acceptance and filing. As always, I ask that you recheck the bond for accuracy before filing it with the Obligee. In the event that you do not accept and file the bond with the Obligee, please return this original document to Marsh so that we can notify the surety company that the bond was not accepted and filed; otherwise, the surety company will process a premium billing for the bond. If you have any questions, please feel free to contact me. Thank you for allowing Marsh to service your surety needs. Sincerely, r Amy Fo'�Mj Client Representative Bond No„ 6570032 SUBDIVISION IMPROVEMENT PERFORMANCE BOND Whereas,the City Council of the City of Fresno, State of California,and Centex Homes, a Nevada General Partnership ("principal")will be entering into an agreement whereby principal agrees to install and complete certain designated public Improvements,which said agreement,identified as Subdivision Agreement for the Final Map of Tract No. 5728 ,is hereby referred to and made a part hereof;and Whereas,principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now, therefore,we,the principal and Safeco Insurance Company of America as surety, are held and firmly bound unto the City of Fresno("City"),In the penal sum of Four Million Two Hundred Fifty Two * dollars($4,252,200.00 } lawful money of the 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. * Thousand Two Hundred and no/100 The condition of this obligation is such that If the above bounded principal,his or its heirs,executors,administrators,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 any alteration thereof made as therein provided,on 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 indemnify and save harmless City,its officers, agents and employees,as therein stipulated, then this obligation shall become null and void;otherwise It shall be and remain In full force and effect. As a part of the obligation secured hereby and in addition to the face amount specif led therefor,there shall be included costs and reasonable expenses and fees,Including reasonable attorney's fees,Incurred by 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 anywlse 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_ ,Tune 3 ,2f] 08 . Cen mes, a Nevada Principal: Ge artnership BY: ZG (Principal)Scott Travis, Division Controller, Central Valley Division, Safeco Insurance' and Assistant Secretary Surety: Com an of America (Surety) Tannis _ son, Attorne n—Fact State of California) County of Tulare ) On May 23, 2008 before me, Mary L. Heflin, Notary Public, personally appeared SCOTT TRAVIS, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that, by his signature on the instrument, the person or the entity on behalf of which the person 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. TLhandandofflicial WITNES yseal. , Signature MARY L. NEFU Commit Oon#F 1739/76 Notary PUbfW -Cawornia Talar* County MV" 17,2011 r CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT No.5907 State of Texas County of Harris On June 3 2008 before me, Amy Griffith,Notary Public DATE NAME,TITLE OF OFFICER-E.G.,"JANE DOE,NOTARY PUBLIC' personally appeared Tannis Mattson NAME(S)OF SIGNER(S) ❑ personally known to me -OR - ® 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 Y GRIFFITH behalf of which the person(s) acted, executed the instrument. W-MPY N1uUC,STATE OF TEXAS Iv9Y Cok"IIS IC)N EXPIRES OF y1. APRIL 19, 2010 WITNaZd2 and official seal. SIGNATURE O N TARY OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER Bond TITLE OR TYPE OF DOCUMENT TITLE(S) ❑ PARTNER(S) ❑ LIMITED ❑ GENERAL ® ATTORNEY-IN-FACT ❑ TRUSTEE(S) 4 ❑ GUARDIAN/CONSERVATOR NUMBER OF PAGES ❑ OTHER: June 3 2008 SIGNER IS REPRESENTING: DATE OF DOCUMENT NAME OF PERSON(S)OR ENTITY(IES) Safeco Insurance Company of America SIGNERS) OTHER THAN NAMED ABOVE S-4067/GEEF 2/98 ©1993 NATIONAL NOTARY ASSOCIATION•8236 Remmet Ave.,P.O.Box 7184•Canoga Park,CA 91309-7184 Safeco Insurance Company of America POWER General Insurance Company of America " f Safeco Plaza OF ATTORNEY Seattle,WA 98185 KNOW ALL BY THESE PRESENTS: No. 5713 That SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA, each a Washington corporation,does each hereby appoint *****DONALD R.GIBSON;MELISSA HADDICK;JACQUELINE KIRK;JOE MARTINEZ;TANNIS MATTSON;TERRI MORRISON;SANDRA PARKER; Houston,Texas»»»»»»»»»»»»»»»»»»»»»»»».»»»»»»»».»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»».»».****.** its true and lawful attorneys)-in-fact, with full authority to execute on its behalf fidelity and surety bonds or undertakings and other documents of a similar character issued in the course of its business,and to bind the respective company thereby. IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA have each executed and attested these presents this 17th day of April 2007 STEPHANIE DASECRETARY TIM MIKOLAJEWSKI,SENIOR VICE-PRESIDENT,SURETY CERTIFICATE Extract from the By-Laws of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA: "Article V,Section 13.-FIDELITY AND SURETY BONDS ...the President,any Vice President,the Secretary,and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations,shall each have authority to appoint individuals as attorneys-in-fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other documents of similar character issued by the company in the course of its business... On any instrument making or evidencing such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or undertaking of the company, the seal, or a facsimile thereof, may be impressed or affixed or in any other manner reproduced; provided,however,that the seal shall not be necessary to the validity of any such instrument or undertaking." Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA adopted July 28,1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out, (I) The provisions of Article V,Section 13 of the By-Laws,and (ii) A copy of the power-of-attorney appointment,executed pursuant thereto,and (iii) Certifying that said power-of-attorney appointment is in full force and effect, the signature of the certifying officer may be by facsimile,and the seal of the Company may be a facsimile thereof." I,Stephanie Daley-Watson Secretary of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA,do hereby certify that the foregoing extracts of the By-Laws and of a Resolution of the Board of Directors of these corporations,and of a Power of Attorney issued pursuant thereto,are true and correct,and that both the By-Laws,the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF,I have hereunto set my hand and affixed the facsimile seal of said corporation this 1 day of SEAL SEALf�t X s� 9 a fs, 1 aZ 11 � STEPHANIE DALEY-WATSON,SECRETARY eaWas Safeco®and the Safeco logo are registered trademarks of Safeco Corporation. S-0974/DS 4/05 WEB PDF Finance Control No. City of Fresno Security Deposit Form To: Finance Department - Accounting Division From: Rose Saldivar - Public Works Department CD Passbook Other Subdivision Improvement Payment Bond Deposited At: Safeco Insurance Company of America Certificate/Acct. No: 6570032 Deposit Amount: $2,238,000.00 Maturity Date: Depositor: Name: Centex Homes Amber Point 2 Address: 801 S Akers Street Visalia, Ca 93277 Street City/State Zip Job Address: Tract 5728 Received By: Rose Saldivar, Public Works Engineering Date: 06/19/08 Authorization to Release Signature Date Release To: Name: Address: Street City/State Zip F USE ONLY=- Accepted By: - .. Narne a Date ,.. Released By: Name Date 41 Type of Release: Mailed Date . _w 1 ac nRec�ge"recefpf o the above re reric Tjra #ri -Ment"—, Signature: Date Comments: Bond No.: 6570032 SUBDIVISION IMPROVEMENT PAYMENT BOND Whereas,the City Council of the City of Fresno,State of California,and Centex Homes a Nevada General-Partnership ("principal")have entered or will be entering into an agreement whereby the principal agrees to install and complete certain designated public improvements,which agreement, identified as Subdivision Agreement for the Final Map of Tract No. 5728 ,Is hereby referred to and made a part hereof;and Whereas,under the terms of the agreement,the principal is required before entering upon the performance of the work,to file a good and sufficient payment bond with the City of Fresno("City")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,the principal and Safeco Insurance Company of America,as corporate surety,are held firmly bound unto the City and all contractors,subcontractors, laborers, material men,and other persons employed in the performance of the agreement and referred to in Title 15 (commencing with Section 3082)of Part 4 of Division 3 of the Civil Code in the sum of Two Million Two Hundred Thirty Eight _ou an * dollars ($2.238,000,00 for materials furnished or labor thereon of any kind,or for amounts due under the Unemployment Insurance Act with respect to this work or labor, that the surety will pay the same in an amount not exceeding the amount hereinabove set forth,and also In case suit 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 City in successfully enforcing this obligation,to be awarded and fixed by the court,and to be taxed as costs and to be included in the judgment therein rendered. * and no/100 It Is hereby expressly stipulated and agreed that this bond shall Inure to the benefit of any and all persons,companies,and corporations entitled to file claims under Tltie 15 (commencing with Section 3082)of Part 4 of Division 3 of the Civil Cade,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 fully performed,then this obligation shall become null and void,otherwise It shall be and remain In full force and effect. The surely hereby stipulates and agrees that no change,extension of time,alteration,or addition to the terms of the agreement or the specifications accompanying the same shall In any manner affect Its obligations on this bond,and it does hereby waive notice of any such change,extension,alteration,or addition. in witness whereof,this Instrument has been duly executed by the principal and surety above named,on une 3 12008 . . Cen a Nevada Principal: Ge a �es, rtnershi By: Scott Travi9(Principal) Division Controller, Central Valley. Division, and Surety: Safeco Insurance Company of America Assistant Secretary y: T s Mattso�((Sk&ty Pin,14 State of California) County of Tulare ) On May 23, 2008 before me, Mary L. Heflin, Notary Public, personally appeared SCOTT TRAVIS, who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that, by his signature on the instrument, the person or the entity on behalf of which the person 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. WITNE my hand and offs iall seal. Signatur '✓ Lo. 7 1HE Carr►rnlglan AF 17391/76 Notary Public -California TWoro County *COMM 6q hWApr 17,2011 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT No.5907 State of Texas County of Harris On June 3 2008 before me, Amy Griffith,Notary Public DATE NAME,TITLE OF OFFICER-E.G.,"JANE DOE,NOTARY PUBLIC' personally appeared Tannis Mattson NAME(S)OF SIGNER(S) ❑ personally known to me -OR - ® 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 AtAY GRIFFITH behalf of which the person(s) acted, executed the instrument. i }; NGTr:r Y 1-`12110,S T A'E OF l ERAS iviy LUhimissiON[xP1R S APRIL 19, 2010 WITNESSmy hand and official seal. SIGNATURE OfF 40TARY OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ INDIVIDUAL ❑ CORPORATE OFFICER Bond TITLE OR TYPE OF DOCUMENT TITLE(S) ❑ PARTNER(S) LIMITED GENERAL ® ATTORNEY-IN-FACT ❑ TRUSTEE(S) 4 ❑ GUARDIAN/CONSERVATOR NUMBER OF PAGES ❑ OTHER: June 3 2008 SIGNER IS REPRESENTING: DATE OF DOCUMENT NAME OF PERSON(S)OR ENTITY(IES) Safeco Insurance Company of America SIGNER(S) OTHER THAN NAMED ABOVE S-4067/GEEF 2/98 ©1993 NATIONAL NOTARY ASSOCIATION•8236 Remmet Ave.,P O.Box 7184-Canoga Park,CA 91309-7184 Safeco Insurance Company of America POWER General Insurance Company of America Safeco Plaza fl) OF ATTORNEY Seattle,WA 98185 KNOW ALL BY THESE PRESENTS: No. 5713 That SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA, each a Washington corporation,does each hereby appoint *****DONALD R.GIBSON;MELISSA HADDICK;JACQUELINE KIRK;JOE MARTINEZ;TANNIS MATTSON;TERRI MORRISON;SANDRA PARKER; Houston,Texas««*****«««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««««*«««««««««««««««««««««««««««*«.«««««««««««««««**.* its true and lawful attorneys)-in-fact,with full authority to execute on its behalf fidelity and surety bonds or undertakings and other documents of a similar character issued in the course of its business,and to bind the respective company thereby. IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA have each executed and attested these presents this 17th day of April 2007 STEPHANIE DALEY-WATSON,SECRETARY TIM MIKOLAJEWSKI,SENIOR VICE-PRESIDENT,SURETY CERTIFICATE Extract from the By-Laws of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA: "Article V,Section 13.-FIDELITY AND SURETY BONDS...the President,any Vice President,the Secretary,and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations, shall each have authority to appoint individuals as attorneys-in-fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other documents of similar character issued by the company in the course of its business...On any instrument making or evidencing such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or undertaking of the company, the seal, or a facsimile thereof, may be impressed or affixed or in any other manner reproduced; provided,however,that the seal shall not be necessary to the validity of any such instrument or undertaking." Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA adopted July 28,1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out, (i) The provisions of Article V,Section 13 of the By-Laws,and (ii) A copy of the power-of-attorney appointment,executed pursuant thereto,and (iii) Certifying that said power-of-attorney appointment is in full force and effect, the signature of the certifying officer may be by facsimile,and the seal of the Company may be a facsimile thereof." I,Stephanie Daley-Watson ,Secretary of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE COMPANY OF AMERICA,do hereby certify that the foregoing extracts of the By-Laws and of a Resolution of the Board of Directors of these corporations,and of a Power of Attorney issued pursuant thereto,are true and correct,and that both the By-Laws,the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF,1 have hereunto set my hand and affixed the facsimile seal of said corporation this 3Q3 day of cJl I Tom_, ��, ,�y PACE CpA�p9 CORPORRTE�v SEAL ° SEAL ' �Ach1953 �' 1923 '& STEPHANIE DALEY-WATSON,SECRETARY Of IVAS►t roof WaSa Safeco(&and the Safeco logo are registered trademarks of Safeco Corporation. S-0974/DS 4/05 WEB PDF Company Profile Page 1 of 2 Company Profile SAFECO INSURANCE COMPANY OF AMERICA SAFECO PLAZA SEATTLE, WA 98185-0001 800-332-3226 Former Names for Company Old Name: SELECTIVE AUTO & F INS CO AMER Effective Date: 11-02-1953 Agent for Service of Process JERE KEPRIOS, CIO CT CORPORATION SYSTEM 818 WEST SEVENTH STREET, 2ND FLOOR LOS ANGELES, CA 90017 Unable.to Locate the Agent for Service of Process? Reference Information NAIC #: 24740 NAIC Group#: 01.63. California Company ID#: 1442-3 Date authorized in California: October 07, 1953 License Status: UNLIMITED-NORMAL Company Type: Property& Casualty State of Domicile: WASHINGTON 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 g1js ry. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY CREDIT FIRE LIABILITY MARINE http://interactive.web.insurance.ca.gov/webuser/idb co prof utl.get co prof?p EID=3361 6/13/2008 Company Profile Page 1 of 2 Company Profile SAFECO INSURANCE COMPANY OF AMERICA SAFECO PLAZA SEATTLE, WA 98185-0001 800-332-3226 Former Names for Company Old Name: SELECTIVE AUTO &F INS CO AMER Effective Date: 11-02-1953 Agent for Service of Process JERE KEPRIOS, C/O CT CORPORATION SYSTEM 818 WEST SEVENTH STREET, 2ND FLOOR LOS ANGELES, CA 90017 Unable to Locate the..A._gent for Service of Process? Reference Information NAIC#: 24740 NAIC Group#: 0163 California Company ID #: 1442-3 Date authorized in California: October 07, 1953 License Status: UNLIMITED-NORMAL Company Type: Property& Casualty State of Domicile: WASHINGTON 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 glossaiy. AIRCRAFT AUTOMOBILE BOILER AND MACHINERY BURGLARY COMMON CARRIER LIABILITY CREDIT FIRE LIABILITY MARINE http://interactive.web.insurance.ca.gov/webuser/idb co prof utl.get co prof?p EID=3361 6/13/2008 (:'ompany Profile Page 2 of 2 MISCELLANEOUS PLATE GLASS SPRINKLER SURETY TEAM AND VEHICLE WORKERS' COMPENSATION Company Complaint Information CoiYipany_.Enforcement Action_Documents Company_._Performance_A_Comparison._Data Composite_Complaint Studies Want More? Help Me Find a Company Representative in My Area Financial Rating Organizations Last Revised-May 07,2008 02:35 PM Copyright©California Department of Insurance http://interactive.web.insurance.ca.gov/webuser/idb co prof utl.get co prof?p EID=3361 6/13/2008 oo ,., O O O N r Ol 0 0 0 0 0 v 0 0 0 �o 7 0 M 0 0 0 N r Ol O O O O O R O O O b O G V O O M vl 7 0 0 0 0 0 N 0 0 0 v1 r �O r Rr 0 0 M v1 7 o 0 0 0 0 N 0 0 0 h O Q ? 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