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20170710114859.pdf0,V E 1) j�, Date Bond Posted Date Bond Expires Bond Number SNN4006907 C.) 'P City of Edmonds 121 5"' Avenue North - Edmonds - WA 98020 - (425) 771-0220 Fax (425) 771-0221 — n4 Website: www-ci cd 1_) 1 n nak, 4k DEVELOPMENT SERVICES DEPARTMENT --'St. 10 Planning - Building - Engineering MAINTENANCE BOND/110NDING COMPANY Edmonds Building PermitNo. BLD20160561-0562,-0563 ProjectAddress 2073676thAve—AAL-Edmonds WA98026 Developer/Owner Pacific Ridge - DRH. LLC_ WHEREAS, Pacific Ridge - DRH, LLC , hereinafter referred to as "the Principal", has constructed and installed certain improvements in connection with a project known as Willowdale Townhomes on a site located at _=3B_7_r-fh_AYia_AN. 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 Nafionwidp Mutual Insumnca-Campany 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 suni of $ 2min 1 n ---- — - 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. LABuildingNew 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. DATED this 28th day of June . 2017 _. Nationwide Mutual Insurance Company �7=ing Company "" ;5K Officer/Title Dawn L. Morg4n, Attorney -in -Fact 250 Greenwich St, 37th Floor, New York, NY 10007 Mailing Address/Phone SNN4006907 Bond Number Pacific Ridge - DRH, LLC; Developer/Owner/Principal Print Name 17921 Bothell Everett Hwy., Ste 100, Bothell, WA 98012 Mailing Address 425-939-1158 Phone Number BONDING COMPANY SURETY ACKNOWLEDGMENT ILLINOIS STATE OF WASiRWYMN ss. COUNTY OF DU PAGE On this 28th day of June 2017 before me, the under- signed, a Notary Public in and for the State of Washington, duty commissioned and sworn, personally appeared Dawn L. Morgan to me known to be the Attorney-i n- Fact of Nationwide Mutual Insurance Company 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 Dawn L. Morgan 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 and year first above written. 'VL'A n 4 (4" NOTARY PUBLIC in and for the State of WX0Hg=, residing at Illinois 1411 Opus Place, Suite 250, Downers Grove, IL 60515 OFFICIAL SEAL CHRISTINA L. GARRY NOTARY PUBLIC - STATE OF UJINOIS W COWSSION EXPIRES JAN 5, 2021 1 - - - - - - - - - - - i LABuilding New Folder 201 O\Fortns\BONDMainBonding.doc6/29/2011 City of Edmonds Maintenance Bond Bonding Company Page Three DEVELOPER/OWNER ACKNOWLEDGEMENT STATE OF WASHINGTON ss. COUNTY OF On this day of S -7 before me, the under signed, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared J I ft V1 me known to be the P 0+ 0 mot uy\ S Of Mtba-�ie 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 , � h-ez was authorized to execute said instrument. WITNESS my hand and official seal hereto affixed the day and year first above written. S C H \,,SION T NOTARY Ir -0- PUBLIC 04-05-2020 OF -:::*T�iYPUBLIC �mand �for the� State of Washington, residing at LABuilding New Folder 20 1 O\Forms\BONDMainBonding.doc6/29/2011 N Let 0 Nationwide' is on your side Power of Attorney 7 World Trade Center 250 Greenwich Street 37th Floor New York, NY 10007 KNOW ALL MEN BY THESE PRESENTS THAT: Nationwide Mutual Insurance Company, an Ohio corporation hereinafter referred to as the "Company" and does hereby make, constitute and appoint: James Moore, Stephen T. Kazmer, Dawn L. Morgan, Melissa Schmidt each in their individual capacity, its true and lawful attorney- in -fact. with full power and authority to sign, seal, and execute on its behalfany and all bonds and undertakings, and other obligatory instruments of similar nature, in penalties not exceeding the sum of UNLIMITED and to bind the Company thereby, as fully and to the same extent as if such Instruments were signed by the duly authorized officers of the Company; and all acts of said Attorney pursuant to the authority given are hereby ratified and confirmed. This power of attorney is made and executed pursuant to and by authority of the following resolution duly adopted by the board of directors of the Company: "RESOLVED, that the president, or any vice president be, and each hereby is, authorized and empowered to appoint aftomeys-in-fact of the Company, and to authorize them to execute and deliver on behalf of the Company any and all bonds, forms, applications, memorandums. undertakings, recognizances, transfers, contiacts of indemnity, policies, contracts guaranteeing the fidelity of persons holding positions of public or private trust, and other writings obligatory in nature that the business of the Cornpa ny may require and to modify or revoke, with or without cause, any such appointment or authority, provided, however, that the authority granted hereby shall in �o way limit the authority of other duly authorized agents to sign and countersign any of said documents on behalf of the Company." "RESOLVED FURTHER, that such allorneys-in-fact shall have full power and authority to execute and deliver any and all such documents and to bind the Company subject to the terms and limitations of the power of attorney issued to them, and to affix the seal of the Company thereto; provided, however, that said seal shall not be necessary for the validity of any such documents.' This power of attorney is signed and sealed under and by the following bylaws duly adopted by the board of directors of the Company. Execution of Instruments. Any vice president, any assistant secretary or any assistant treasurer shall have the power and authority to sign or attest all approved documents. instruments, contracts, or other papers in connection with the operation of the business of the company in addition to the chairman of the board. the chief executive officer, president, treasurer or secretary: provided. however. the signature of any of them may be printed, engraved, or stamped on any approved document, contract, instrument. or other papers of the Company be IN WITNESS WHEREOF, the Com any has caused th Zfed d duly attested by the signature of its officer the Vday of W? - -X7 Vic _. P..id. of all Antonio lbanese, Vice President of N�atinwide utual Insurance Company OR4 ACKNOWLEDGMENT 1925 STATE OF NEW YORK, COUNTY OF NEW YORK: ss On this 70t'h day of 20j - -named officer _:; . before me came the above S 'Al. for the Ci5'm-pany foresaid-,Fo Tme persona F--R- EA1 ly nown to be the officer described in and who executed the preceding instrument, and he acknowledged the execution of the same, and being by me duly sworn, deposes and says, that he is the officer of the Company aforesaid. that the seal affixed hereto is the corporate seal of said Company, and the said corporate seal and his signature were duly affixed and Subscribed to said instrument by the authority and direction of said Company. FAYE V STORCH Notary Public - State of New York Notary Public No. OIST628W22 My Commission Expires Qualified in Nassau County MY Commission Expires July 29, 2017 CERTIFICATE 1, Parag H, Shah, Assistant Secretary of the Company, do hereby certify that the foregoing is a full, true and correct copy of the original power of attorney issued by the Company; that the resolution included therein is a true and correct transcript from the minutes of the meetings of the boards of directors and the same has not been revoked or amended In any manner; that said Antonio C Albanese was on the date of the execution of the foregoing power of attorney the duly elected officer of the Company, and the corporate seal and his signature as officer were duly affixed and subscribed to the said instrument by the authority of said board of directors. and the foregoing power of attorney is still in full force and effect. IN WITNESS WHEREOF, I have hereunto subscribed my name as Assistant Secretary, and affixed-th te seal of said Companythis 28thdayof June 20 17 Vistant Secretary This document is void if VOID appears in the BLUE line on the right, the Nationwide watermark is missing from the center of the page and/or the red consecutive number is missing from the upper right-hand corner. Contact us at 212-329-6900 if this document is void or if you have any questions