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Home My WebLink AboutAPPROVED Tower-Upgrade-BondTOWER/STRUCTURE REMOVAL BOND Bond Number: CMS0345628 KNOW ALL MEN BY THESE PRESENTS, THAT, TV6 Holdings, LLC as Principal, and RLI Insurance Company, a corporation duly organized under the laws of Illinois, as Surety, are held and firmly bound unto St. Lucie County, Building and Code Regulations Division, Permitting and Zoning, 2300 Virginia Avenue, Ft. Pierce, FL 34982, as Obligee, in the sum of Five Thousand Dollars and 00/100 ($5,000.00) lawful money of the United States, for the payment of which, well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents, the liability of the Surety being limited to the penal sum of this bond regardless of the number of years the bond is in effect. WHEREAS, the Obligee, by ordinance, permit or written agreement with the Principal, requires the submission of a bond guaranteeing the removal of telecommunications equipment located at 24880 Okeechobee Road, Fort Pierce, FL 34945 (Site ID: FL17050-A) upon discontinuance of service. NOW THEREFORE, the condition of this obligation is such, that if the above bounden Principal shall perform in accordance with the aforesaid ordinance and/or agreement, and indemnify the Obligee against all loss caused by Principal's breech of any ordinance or agreement relating to maintenance, replacement, removal or relocations of a tower or structure, then this obligation shall be void, otherwise to remain in full force and effect unless cancelled as set forth below. THIS BOND maybe cancelled by Surety giving thirty (30) days written notice to the Obligee. Such cancellation shall not affect any liability the Surety may have or incurred under this bond prior to the effective date of the termination. PROVIDED HOWEVER, that this bond is executed subject to the following express provisions and conditions: 1. No action, suit or proceeding shall be maintained against the Surety on this bond unless action is brought within twelve (12) months of the cancellation date of this bond, 2. Neither cancellation nor termination of this bond by Surety, nor inability of Principal to file a replacement bond or replacement security for its obligations, shall constitute a loss to the Obligee recoverable under this bond. 3. No right of action shall accrue on this bond for the use of any person, corporation or entity other than the Obligee named herein or the heirs, executors, administrators or successors of the Obligee. 4. The aggregate liability of the Surety is limited to the penal sum stated herein regardless of the number of years this bond remains in force or the amount or number of claims brought against this bond. 5. If any conflict or inconsistency exists between the Surety's obligations as described in this bond and as may be described in any underlying agreement, permit, document or contract to which this bond is related, then the terms of this bond shall prevail in all respects. THIS BOND signed, sealed, and dated on the 24th day of June, 2014. This bond is effective the 5th day of August, 2021. By: Principal Name and Title EvW�J G. RLI Insurance Company Surety Robert J. Hippert, Attorney -In -Fact POWER OF ATTORNEY RLI Insurance Company Contractors Bonding and Insurance Company 9025 N. Lindbergh Dr. Peoria, IL 61615 Phone: 800-645-2402 Know All Men by These Presents: 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 RLI Insurance Company and/or Contractors Bonding and Insurance Company, each an Illinois corporation, (separately and together, the "Company") do hereby make, constitute and appoint: Thomas J. Philbin, Melissa L. Whittier Robert J Hippert Andrew Siess Clem Wandrisco Christine Scott Sarah Eberhardt jointly or severally in the City of Pittsburgh ,State of Pennsylvania its true and lawful Agents) and Attorneys) in Fact, with full power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety, in general, any and all bonds and undertakings in an amount not to exceed Twenty Five Million Dollars ( �25,000,000.00 1 for any single obligation. The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon the Company as if such bond had been executed and acknowledged by the regularly elected officers of the Company. RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of a Resolution adopted by the Board of Directors of each such corporation, and is 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 Company 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 Company. 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." IN WITNESS WHEREOF, the RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have caused these presents to be executed by its respective Vice President with its corporate seal affixed this 21st day of July 2021 °�� ``��"�NCE��"'' RLI Insurance Company ,,,,,, ` ,00�o.„onNo:,ySG,,, ' ```��JPP....,.Oo•A,, Contractors Bonding and Insurance Company '.99 �. � .'tl oQy:.pOPPUggT�.•.ym,i `� � GpPPORgT��iy� (�� =6'•. SEAL .� a = - .SEAL . = By: �, tioJ, .�_ , Barton W. Davis State of Illinois , ,,,,,,,,,��"'�� , � • • ,a 'cuNo�s ''�� I N 0�5��. l ��nn,nnn } SS County of Peoria J CERTIFICATE On this 21 st day of Ju1,L, 2021 ,before me, a Notary Public, personally appeared Barton W. Davis ,who being by me duly sworn, acknowledged that he signed the above Power of Attorney as the aforesaid officer of the RLI Insurance Company and/or Contractors Bonding and Insurance Company and acknowledged said instrument to be the voluntary act and deed of said corporation. e � � � ' Catherine D. Glover Notary Public CATHEFINE D, GLOVER . iarAnr OFFICIAL SEAL na��c Notary PuW� -State of Illifwie liATE OF soya! MY Commis�bn Expires March 24, 2024 Vice President I, the undersigned officer of RLI Insurance Company and/or Contractors Bonding and Insurance Company, 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 the seal of the RLI Insurance Company and/or Contractors Bonding and Insurance Company this Sth day of August 2021 , RLI Insurance Company Contractors Bonding and Insurance Company By: Jeffrey DC.FticlA U � " Corporate Secretary 373R0930201/1 A0058D 19