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Bond.pdfm/5th xvswusNORTH ,cowowoa.wweooxo°;mVn/y2� � www"wnmvmwa.wr -- ---______- Expimbon_________ DEVELOPMENT SERNCE8DEPAHTk4ENT Bond No CSB0018007 EARTHSUBSIDENCE AND LANDSLIDE HAZARDAREA /E5LHA\ SITE RESTORATION BONDING COMPANY BOND Edmonds Building Permit No. 1633O75�PLVVEd Edmonds, VVAA802G Project Addres mo e Developer/Owner Paul FDent &JoneUoK4Dent WHERE -AS. Paul FDent &JenaUe[WDent ' hereinafter referred to as "The Principal", has applied 1othe City of Edmonds, hereinafter referred to as "The Oh/, to oonstru single family i located at 1033075thPLVVEdmonds, WA 98026 within City limits. WHERk"AS, as required by City Ordinance 43632, this form will certify that this Surety has a bond for the above referenced project. This bond is established for restoration and/or other repairs or stabilization measures, as required by Edmonds Community Develop menL 0/de Chapter 19.1-0.050A. NOW, THEREFORE-, the undersigned Principal and bonding company, Contractors Bonding and Insurance c^mwmy a corporation authorized to transact surety business in the State of Washington, hereinafter referred to as "The Surety", agree and bind thernse|ves,their heirs, executors, administrators and assigns, unto the City |nthe sunnof$ lawful money of -the United States, aocordingtothe following termsand conditions: 1\ The total sum indicated will be withheld by this Surety from disbursements, to any entity oLherthanthe City ofEdmonds orits des|gnee. Only written authorization from the City shall cause release of -the Bond. 2) If the Principal does not complete all repairs and/or restorations within 24 hours of service of written notice, then the Surety shall, upon demand by the [kv nernit to the City within ten (10) days of receipt of said demand, the annount of this Bond or such lesser mnnount as may be specified in the dennand, so that the repairs can be installed or connp|etnd inonnediate|yto City standards, Such funds shall also he paid to the City for ennergency repairs undertaken to stabilize the site, public improvements, or utilities and/nradjacent Structures, |:\buiNinQnew folder 20lO\es|ha\e,�|ha/bonding .Fgn4sarryfyo/ESLFIA Restoration Bond FormPage1of3 Sister City Hukinan,Japon where it is impossible or impractical to provide the 24 hour notice to correct. The Surety shall not be liable to the owner for disbursement of said funds to the City of Edmonds or on' its behalf. S) In the event the Principal fails to complete any of the above repairs or restoration within the time period specified by the City, its employees and agents shall have the right attheir sole election to enter onto said property for the purpose of completing the repairs. This provision shall not be construed ascreating an obligation on the part ofthe City orits representatives to complete such repairs orrestorations. 4\ in the event any lawsuit is instituted by the Clb\ 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, 5\ This bond shall remain in full force and effect until occupancy approval on the structure is granted by the City Building 0Hhdai DATED this 4th day of September 2013 Contractors Bonding and Insurance Company e�, Bonding Company Laura Morrow Attorney -in -Fact Officer/Title 3101 Western Ave Suite 30OSeattle, VVAQ8121 Address/Phone CSB0018O07 � Deve|ope'/Ovvna'/Phndp�-� 1/ Paul F Dent &JenoUe K4 Dent Print Name . , 16330 75th PIL W Edmonds, WA 98026 Mailing Address 425-478'4008 Bond Number Phone Number 1:\building new folder 2010\eslha\eslha bonding company,docx ESLHA Restoration Bond Form Page 2 of 3 STATE 0FWASHINGTON) County of k/'%JQ On this Al/~ day of 367PTEM d&— before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared Laura Morrow to me know to be the Attorney -in -Fact —of Contractors Bonding and 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 state that she was authorized toexecute said instrument and that the seal affixed iathe co/porotexea|ofauidoorporadon. ^^«,vo�wvv� O WITNESS rnyhand and�,,btfi,ciql.n,�,[�,,her�'io,,aff ixed,the da7ya d year first above written. N 10TARY 1�613LIC in and for the State of j,,, d�hington, Residing at 7;4demm� We DIEVEL61PER/OWNEIR ACKNOWLEDGEMENT STATE 0FWASHINGTON) /ss. Countyof K/AX-1 \ ^ ^ On this d a y o =205 before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared omeknow tobethe owner's of the general partnership that executed the foregoing instrument, and acknowledged the said instrurnent to be the free and voluntary act and deed of said partnership, for the uses and purposes therein mentioned, and on oath state that thev are authorized to execute said instrument. WITNESS myhand and official w*l ��4 � � L|Cinand for the State of � ��131UBIJ� ����ington, Residing at 1:\building new folder 2010\eslha\eslha bonding company.docx ESLHA Restoration Bond Form Page 3 of 3 11110J' Contractors Bonding and Insurance Company 3101 Western Ave., Suite 300 CAC­,P��y Seattle, WA 98121 Know All Men by These Presents: POWER s O Contractors 1 Bonding ,g 1: Insurance Company 1. , That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving officer if desired. That Contractors Bonding and Insurance Company, a Washington corporation, does hereby make, constitute and appoint: Laura Morrow, Sonva Tobeck. Robert Tobeck Paul Dent jointly or severally in the City of Bellevue State of Washington its true and lawful Agent and Attorney in Fact, with full power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety, the following described bond. Any and all bonds, undertakings, and recognizances in an amount not to exceed Ten Million and 00/100 Dollars (_...$10,000,000.00 ) for any single obligation. The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon this Company as if such bond had been executed and acknowledged by the regularly elected officers of this Company. The Contractors Bonding and Insurance Company further certifies that the following is a true and exact copy of the Resolution adopted by the Board of Directors of Contractors Bonding and Insurance Company, and now in force to -wit: "All bonds, policies, undertakings, Powers of Attorney or other obligations of the Corporation shall be executed in the corporate name of the Corporation by the President, Secretary, any 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 Corporation. 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 or other electronic image." IN WI IN ESS WHEREOF, the Contractors Bonding and Insurance Company has caused these presents to be executed by its Vice President with its corporate seal affixed this 30th day of AYJriI 2013 gaQo kr, AND /HS", 0j .10 0 P0 ®r m � ggto r, ems• HAL A l ° a °° a State of Washington 1979•° County Of King S4 ����yyyy���'11111�iNr•-(0y�p��`� On this 30th day of April 20 before 13 me, a Notary Public, personally appeared Roy C. Die who being by me duly sworn, acknowledged that Ire signed the above Power of Attorney as the aforesaid officer of the Contractors Bonding and Insurance Company and acknowledged said instrument to be the voluntary act and deed of said corporation. Joseph B.it Notary Public Contractors Bonding and Insurance Company Roy C. Die / Vice President CERTIFICATE 1, the undersigned officer of Contractors Bonding and Insurance Company, a stock corporation of the State of Washington, do hereby certify that the attached Power of Attorney is in full force and effect and is irrevocable; and furthermore, that the Resolution of the Company as set forth in the Power of Attorney, is now in force. In testimony whereof, I have hereunto set my hand and the4seal of the Contractors Bonding and Insurance Company this clay Of4PptPmh 13 Contractors Bonding and Insurance Company Notary Public r c State or Washington Roy C. Die Vice President JOSEPH B. MULLER MY COMMISSION EXPIRES March 2a, 2016 _� 4675239032912 w A0059511