20170407103810.pdfO F E D III Date Bond Posted '11
�� �✓� Date Bond Expires Li
--.r Bond Number 382694
City of Edmonds
121 5"' Avenue North • Edmonds • WA 98020 • (425) 771-0220 Fax (425) 771-0221
Website: www.ci.cdmonds.wa.us
DEVELOPMENT SERVICES DEPARTMENT
st. 1 890 Planning • Building • Engineering
MAINTENANCE BOND/BONDING COMPANY
Edmonds Building Permit No, BLD20140299/ENG20140385
Project Address 23220 Edmonds Way
Developer/Owner Kautz Route LLC
WHEREAS, Kautz Route LLC , hereinafter referred to as "the Principal"
has constructed and installed certain improvements in connection with a project known as
Brackett Court Apartments on a site located at 23220 Edmonds Way
within the City of Edmonds, and
WHEREAS, in order to provide security for the obligation of the Principal to repair or replace
any improvement which proves defective within 2 year(s) (not to exceed two years) from
acceptance of the improvement by the City of Edmonds herein referred to as "the City", and to
enable the City to release the performance bond provided in connection with said improvements,
this bond has been secured and is hereby submitted to the City.
NOW, THEREFORE, the undersigned Principal and Indemnity Company of California
a corporation authorized to transact surety business in the State of Washington, hereinafter
referred to as "the Surety", agree and bind themselves, their heirs, executors, administrators and
assigns, unto the City in the sum of $ 4,425.00--- , lawful money of the United States,
according to the following terms and conditions:
1) The Principal and Surety agree that in the event that any of the improvements installed by
the Principal or Surety pursuant to the above referenced plans, conditions and file fail to remain
free from defects in materials, workmanship or installation or in the case of landscaping, fail to
survive for a period of 2 year(s) from the date of acceptance of the installation by the City,
the Surety shall, upon demand of the City and the failure to cure the defect within a reasonable
time as determined and specified by the City, remit to the City within ten (10) days of receipt of
demand for remittance, the amount of this bond or such lesser amount as may be specified in the
demand.
2) If the Principal fails to cure any defect within the time period requested by the City, its
employees and agents are hereby authorized to enter onto said property and perform said
work. This provision shall not be construed as creating an obligation on the part of the
City or its representatives.
3) In the event any lawsuit is instituted by the City of Edmonds, the Principal or the
Surety to enforce the terms of this bond or to determine the rights of any party hereunder,
the prevailing party in such litigation shall be entitled to recover from the losing party its
costs, including reasonable attorneys' fees, incurred as a result of such lawsuit.
L:\Building New Folder 2010\Forms\BONDMainBonding.doc6/29/2011
City of Edmonds Maintenance Bond Bonding Company
Page Two
4) This bond shall remain in force and effect until the obligations secured hereby have been
fully performed and until released in writing by the City at the request of the Surety or the
Principal.
Jessica Yuhas Attorne -i -fact
Officer/Title
17771 Cowan, Suite 100, Irvine,
800.782.1546
Mailing Address/Phone
339342SM
Bond Number
ril _ 2017
Developer/Owner/Principal
G®Kborn) Sk.-,,TT(4
Print Name
PO Box 31097, Seattle, WA 98107
Mailing Address
206.661.3963
Phone Number
BONDING COMPANY SURETY ACKNOWLEDGMENT
STATE OF WASHINGTON )
ss.
COUNTY OF KING )
On this 6th , day of April ) 2017 , before me, the under-
signed, a Notary Public in and for the State of Washington, duly commissioned and sworn,
personally appeared Jessica Yuhas to me known to be the Attorney -in -Fact
of Indemnity Company of California , the corporation that executed the foregoing
instrument, and acknowledged the said instrument to be the free and voluntary act and deed of
said corporation, for the uses and purposes therein mentioned, and on oath stated that
she was authorized to execute said instrument and that
the seal affixed is the corporate seal of said corporation.
WITNESS my hand and official seal hereto affixed the day
00
��:' RVQ�e�K NC
= ' N°t °' Ey,P1aE5 s StE
coM' 20
• NE �6, 20 •
year first above written.
C in and for the
bn, residing at
LABuilding New Folder 2010\Forms\BONDMainBonding.doc6/29/2011
City of Edmonds Maintenance Bond Bonding Company
Page Three
DEVELOPER/OWNER ACKNOWLEDGEMENT
STATE OF WASHINGTON )
ss.
COUNTY OF )
On this (9f-- , day of }-JW , 90 1+, before me, the under-
signed, a Notary Public in and for the State of Washington, duly commissioned and sworn,
personally appeared God ' cS"- N%A tome known to be the 029,nQiri4 ayn2l2a—
V
of Kautz Route LLC the general partnership that executed the foregoing
instrument, and acknowledged the said instrument to be the free and voluntary act and deed of
said partnership, for the uses and purposes therein mentioned, and on oath stated that
l-],OV-zxot,3. `:N -�-.T�A was authorized to execute said instrument.
WITNESS my hand and official seal hereto affixed the day and year first above written.
`� • IVOTARYPUB(IC •; G�.c
C041M• EXPIRES
"s JUNE 16, 2020 ;
"s •
OP
t,1111 SHWA
It 181111110
NE BLIC in and for the
S ington, residing at
efi-L 1°JA
LABuilding New Folder 2010\Forms\BONDMainBonding.doc6/29/2011
POWER OF ATTORNEY FOR
DEVELOPERS SURETY AND INDEMNITY COMPANY
INDEMNITY COMPANY OF CALIFORNIA
PO Box 19725, IRVINE, CA 92623 (949) 263-3300
KNOW ALL BY THESE PRESENTS that except as expressly limited, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, do each
hereby make, constitute and appoint:
***Kara Skinner, Cameron L. Huntsucker, Mercedes Trokey-Moudy, Jessica Yuhas, jointly or severally***
as their true and lawful Attorney(s)-in-Fact, to make, execute, deliver and acknowledge, for and on behalf of said corporations, as sureties, bonds, undertakings and contracts of
suretyship giving and granting unto said Attomey(s)-in-Fact full power and authority to do and to perform every act necessary, requisite or proper to be done in connection therewith as
each of said corporations could do, but reserving to each of said corporations full power of substitution and revocation, and all of the acts of said Attorney(s)-in-Fact, pursuant to these
presents, are hereby ratified and confirmed.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolutions adopted by the respective Boards of Directors of DEVELOPERS SURETY
AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA, effective as of January 1st, 2008.
RESOLVED, that a combination of any two of the Chairman of the Board, the President, Executive Vice -President, Senior Vice -President or any Vice President of the
corporations be, and that each of them hereby is, authorized to execute this Power of Attorney, qualifying the attorney(s) named in the Power of Attorney to execute, on behalf of the
corporations, bonds, undertakings and contracts of suretyship; and that the Secretary or any Assistant Secretary of either of the corporations be, and each of them hereby is, authorized
to attest the execution of any such Power of Attorney;
RESOLVED, FURTHER, that the signatures of such officers may be affixed to any such Power of Attorney or to any certificate relating thereto by facsimile, and any such
Power of Attorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporations when so affixed and in the future with respect to any bond, undertaking
or contract of suretyship to which it is attached
IN WITNESS WHEREOF, DEVELOPERS SURETYAND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presents to be signed by
their respective officers and attested by their respective Secretary or Assistant Secretary this 6th day of February, 2017.
By: �1 �if(�� OZC �•'���AND�y�. 9�\Pi+!:Ypc
Daniel Young, Senior Vice -President 0`fAl
�,y
1936
,.67 0
By: - ��7 <rroR? a��� P cA(�r��a<��r a:
Mark Lansdon, Vice -President
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
State of California
County of Orange
On February 6, 2017 before me,
Date
personally appeared
LUCILLE RAYMOND
Commission N 2081945
M Notary Public - California
Z Orange County
M Comm. Er Ires Oct 13 2018
Place Notary Seal Above
Lucille Raymond, Notary Public
Hare Insert Name and Tithe or the Officer
Daniel Young and Mark Lansdon
Name(s) of Signer(s)
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) islare 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 behalf of
which the person(s) 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.
WITNESS my hand and official seal.
� r
Signature
Lucillp (3 ond, Notary Public
CERTIFICATE v
The undersigned, as Secretary or Assistant Secretary of DEVELOPERS SURETY AND INDEMNITY COMPANY or INDEMNITY COMPANY OF CALIFORNIA, does hereby
certify that the foregoing Power of Attorney remains in full force and has not been revoked and, furthermore, that the provisions of the resolutions of the respective Boards of Directors of
said corporations set forth in the Power of Attorney are in force as of the date of this CertificGte.
... r,,,,
This Certificate is executed in the City of Irvine, California, this 6th day of April 2017 tv AND /No 4p,�9P0 r Ot
'••J-� <P?J?o ' Fri_= > p� n'; '
Fo:Z' ?�' ar.
B 1936 — 0 s
y Cassie J. risford, Assistant tary - 0 •�!CrFOR��'•ao�- 1 °yam n 67
'Ql o
rr A Z
•,� 7�iD •...... AAA•••.
ATS-1002 (02117) �''•�.,,,,;;,,,.••`•