HomeMy WebLinkAbout813700_BondBond No. PAIFSU0729483
CONTINUOUS REMOVAL BOND
KNOW ALL MEN BY THESE PRESENTS, that we, Crown Castle South LLC
(hereinafter called the "Principal°), as Principal, and International Fidelity Insurance Company
(hereinafter called the "Surety"), as Surety, are held and firmly bound unto the
St. Lucie County Board of County Commissioners
2300 Virginia Avenue, Fort Pierce, FL 34982 (hereinafter called
the "Obligee°), as Obligee, in the sum of Five Thousand Dollars and 00/100
, ($5,000.00 ) for the payment of which sum well and
truly to be made, we the said Principal and the said Surety, bind ourselves, our heirs, executors,
administrators, successors and assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal has entered into a lease agreement dated /2/0'f/79R7 for the
property at 2651 Minute Maid Rd., Ft. Pierce, FL 34945
(hereinafter called the "Lease Agreement'), for the purpose of constructing a communications tower,
as more particularly described in the Site Agreement,
NOW, THEREFORE, pursuant to the Requirement of the Lease, the conditions of this obligation are
such, that if the Principal shall faithfully remove all equipment installed by the Principal at the end of
the Lease Agreement, then this obligation shall be null and void; otherwise to remain in full force and
effect
PROVIDED, HOWEVER, that this bond is executed by the Principal and Surety and accepted by the
Obligee subject to the following express conditions:
1. No assignment of this bond shall be effective without the written consent of the Surety.
2. It shall be a condition precedent to any right of recovery hereunder that, in the event of
any default on the part of the Principal, a written statement of the particular facts of such
default shall be, within Thirty (30) days, delivered to Surety at its Home Office located
at One Newark Center Newark, NJ 07102-5207
by registered mail to the Surety and the Surety shall not be obligated to perform
Principal's obligation until sixty (60) days after Surety's receipt of such statement
3. This bond shall be continuous and remain in full force and effect until liability hereunder is
released by the Obligee.
4. This bond may be cancelled by the surely at any time by giving Thirty (30) days notice, by
registered mail or overnight courier service to the St. Lucie County Board of County
Commissioners . Such termination shall not affect liability Incurred under
this obligation prior to the affective date of such termination.
5. in no event shall the liability of the Surety exceed the penal sum of this bond.
Witness whereof, said Principal and said Surety have caused these presents to be executed and their
sealafrixedthis 18th dayof July 1 2017
Crown Castle South LLC International Fidelity Insurance Company
E`Q�UTY r>i'fG
BY: JL. BY o m
Josh anford Attor y-i )yA� �o
POWER OF ATTORNEY
INTERNATIONAL FIDELITY INSURANCE COMPANY
ALLEGHENY CASUALTY COMPANY
One Newark Center, 20� Floor, Newark, New Jersey 07102-5207 PHONE: (973) 624-7200
Bond# PAIFSU0729483
Principal Crown Castle South LLC
Obligee St Lucie County Board of County Commissioners
KNOW ALL MEN BY THESE PRESENTS: That INTERNATIONAL FIDELITY INSURANCE COMPANY, a corporation organized and existing under the
laws of the State of New Jersey, and ALLEGHENY CASUALTY COMPANY a corporation organized and existing under the laws of the Stale of New
Jersey, having their principal office in the City of Newark, New Jersey, do hereby constitute and appoint
Joshua Sanford
their true and lawful attorney -in -fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of
indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required or permitted by law, statute, rule, regulation, contract
or otherwise, and the execution of such instrument(s) in pursuance of these presents, shall be as binding upon the said INTERNATIONAL FIDELITY
INSURANCE COMPANY and ALLEGHENY CASUALTY COMPANY, as fully and amply, to all intents and purposes, as if the same had been duly
executed and acknowledged by their regularly elected officers at their principal offices.
This Power of Attorney is executed, and may be revoked, pursuant to and by authority of the By -Laws of INTERNATIONAL FIDELITY INSURANCE
COMPANY and ALLEGHENY CASUALTY COMPANY and is granted under and by authority of the following resolution adopted by the Board of
Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting duly held on the 20th day of July, 2010 and by the Board of
Directors of ALLEGHENY CASUALTY COMPANY at a meeting duly held on the loth day of July, 2015:
"RESOLVED, that (1) the Chief Executive Officer, President, Executive Vice President, Vice President, or Secretary of the Corporation shall have the
power to appoint, and to revoke the appointments of, Attomeys-in-Fact or agents with power and authority as defined or limited in their respective powers
of attorney, and to execute on behalf of the Corporation and affix the Corporation's seal thereto, bonds, undertakings, recognizances, contracts of
indemnity and other written obligations in the nature thereof or related thereto; and (2) any such Officers of the Corporation may appoint and revoke the
appointments of joint -control custodians, agents for acceptance of process, and Attorneys -in -fact with authority to execute waivers and consents on
behalf of the Corporation; and (3) the signature of any such Officer of the Corporation and the Corporation's seal may be affixed by facsimile to any power
of attorney or certification given for the execution of any bond, undertaking, recognizance, contract of indemnity or other written obligation in the nature
thereof or related thereto, such signature and seals when so used whether heretofore or hereafter, being hereby adopted by the Corporation as the
original signature of such officer and the original seal of the Corporation, to be valid and binding upon the Corporation with the same force and effect as
though manually affixed."
IN WITNESS WHEREOF, INTERNATIONAL FIDELITY INSURANCE COMPANY and
ALLEGHENY CASUALTY COMPANY have each executed and attested these presents
\Qrc�iTYlpfG on this 18th day of July, 2017. �C,psuAt
RY�24 STATE OF NEW JERSEY 0,0
cV� SEAL �`° m County of Essex
r y 1904�, o �% a 1936 Z
Robert W. Minster
Chief Executive Officer (International Fidelity Insurance Company)and
r' President (Allegheny Casualty Company) V JEFIs�
On this 18th day of July, 2017 , before me came the individual who executed the preceding instrument, to me personally known, and,
being by me duly sworn, said he is the therein described and authorized officer of INTERNATIONAL FIDELITY INSURANCE COMPANY and
of ALLEGHENY CASUALTY COMPANY; that the seals affixed to said instrument are the Corporate Seals of said Companies; that the said Corporate
Seals and his signature were duly affixed by order of the Boards of Directors of said Companies.
``������� ��•�•• , IN TESTIMONY WHEREOF, I have hereunto set my hand affixed my Official Seal, at the City of Newark,
pt HY C,t,
C, -, s • •.., G New Jersey the day and year first above written.
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:U NOTAaY
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Cathy Cruz a Notary Public of New Jersey
OF NO
My Commission Expires April 16, 2019
CERTIFICATION
I, the undersigned officer of INTERNATIONAL FIDELITY INSURANCE COMPANY and ALLEGHENY CASUALTY COMPANY do hereby certify that I
have compared the foregoing copy of the Power of Attorney and aYdavit, and the copy of the Sections of the By -Laws of said Companies as set forth in
said Power of Attorney, with the originals on file in the home of said companies, and that the same are correct transcripts thereof, and of the whole of the
said originals, and that the said Power of Attorney has not been revoked and is now in full force and effect.
IN TESTIMONY WHEREOF, I have hereunto set my hand this 18th day of July, 2017.
Maria H. Branco, Assistant Secretary