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(7)AR 090710 Diversified Pacific
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09/07/2010 6:00 pm
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(7)AR 090710 Diversified Pacific
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Last modified
2/23/2014 5:52:50 PM
Creation date
2/20/2014 12:58:58 AM
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Agenda Item
Item Number
7
Subject (2)
- Authorize Reduction of the Performance Bond with the Diversified Pacific for the Subdivision Improvements for Tract 16912 by 75%. [Staff Person: M. Tapia]
Submitted On
9/2/2010
Submitted By
Sabdi Espinoza
Item Title
AR 090710 Diversified Pacific
ATRequest
3430
Status (2)
2
Department
City Clerk
Meeting Date
9/7/2010
Meeting Time
6:00:00 PM
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Know All Men 8yThese Presents: <br />That the Arch Insurance and existing under the laws ofthe State o{Missouri, having its <br />principal office in Kansas City, Missouri (hereinafter referred to as the "Company")doesferebyappoint <br />Victoria M.Campbell, Thomas G. McCall and Janina Monroe ofIrvine, CA(EACH) <br />Christine Marotta nyChicago, iL <br />its true and lawfW to make, execute, seal, and deliver from the date of issuance of this power for and <br />on its behalf as surety, and as its; act and deed: <br />Any and all bonds and undertakings <br />EXCEPTION: NOAUTHORITY ksgnantedbzmake execute,se�and deUverbonds orundedak�Qat��gua�nteethe <br />p�montm���n�any�m' note, check, draft or letter of credit. <br />This authority dues not permit the same obligation to be split into two or more bonds in order to bring each such bond <br />within the dollar limit mfauthority aoset forttiherein. <br />The Company may revoke thimappointmentatany time <br />Thm execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said <br />Company omfully and amply 0mall intents and purposes, aeifthe had been duly executed and acknowledged byits <br />regularly elected officers mtits principal office inKansas C <br />This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of <br />the Company on March 3, 2003, true and accurate copies of which are hereinafter set forth and are hereby certified to by <br />the undersigned Secretary asbeing infull force and effect - <br />'VOTED, That the Chairman of the Board, the President, or any Vice President or their appointees designated in writing <br />and filed Vith the Secretary, or the Secretary shall have the power and authority to appoint agents and attomeys-in-fact, <br />and to authorize them to execute on behalf of the Company, and attach the oemi of the Company {hereto, bonds and <br />ondartakjn0s, racognizanoms, contracts of indemnity and other writings, obligatory in the nature thereof, and any such <br />officersof#hmCqmpmnymsyappointagentmhx000ep%onoeufpn�esm.~ .� ) <br />This Power ofAttorney is signed, sealed and certified by facsimile under and by authority of the following resolution <br />adopted by the unanimous consent of the Board of Directors of the Company on March 3, 2003: <br />VDTED. That the mk]notuna of the Chairman of the Board, the Prmsidert, or any Vice President, ortheir appointees <br />designated in writing and filed with the 8ecnsbary, and the signature of the Secnetary. the seal of the [ovnpany, and <br />certifications by the Seoretary, may be affixed by facsimile on any pnuwe, of attorney or bond executed pursuant tnthe <br />resolution adopted by the Board ofDirectors on March 3. 2003' and any such power so axeoubsd, sealed and certified <br />with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. <br />OOML0013000303 <br />
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