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HomeMy WebLinkAboutA3589 - PS CENTER SUBDIVISION PM27975 j P.S. Center, Ltd. Z. Subdivision Improve Agr Parcel No. 27975 AGREEMENT #3589 CM Signed, 9-26-95 CITY OF PALM SPRINGS SUBDIVISION IMPROVEMENT AGREEMENT THIS AGREEMENT, made and entered into this A&ay of 92k*- 19q,, by and between P.S. Center, Ltd. , hereinafter collectively referred to as "Subdivider" and CITY OF PALM SPRINGS, a municipal corporation of the State of California, hereinafter referred to as "CITY"; WITNESSETH: WHEREAS, Subdivider has prepared and filed a final subdivision map of Parcel No. 77473_ in the City of Palm Springs, County of Riverside, for approval by City; and WHEREAS, Subdivider, by said map, has offered for dedication to City for Public use the streets and easements shown in said map; and WHEREAS, City desires to accept the streets and easements shown on said map for public use, and certain other such improvements; and WHEREAS, as a condition precedent to the acceptance of the dedication of such streets and easements by City, Subdivider is required to enter into an agreement with the City to construct certain improvements; and WHEREAS, the total cost of such improvements has been estimated by the City Engineer to be approximately $ 1,256 ,572.00 NOW, THEREFORE, IT IS AGREED by and between the parties hereto as follows: 1 . Subdivider, at his sole cost and expense, shall construct and install the street, drainage, domestic water, sanitary sewer and other improvements required to be constructed or agreed to be constructed as a condition precedent to the approval of said final map and acceptance of such streets and easements, as shown on the "Improvement Plans for * ", a copy of which is now on file in the office of the City Engineer of the City and which is referred to and incorporated herein as though set forth in full. Parcel Map No. 27975 2. Subdivider shall furnish to City good and sufficient bonds executed by a corporation authorized to transact surety business in the State of California on forms approved by City, one bond in the sum of $1,256,572.00 to assure the faithful performance of this Agreement, and one bond in the sum of $ 62R.2,96 oto assure payment of the cost of the labor and materials for the improvements required to be constructed or installed hereby. Page 1 of 3 Subdivision Improvement Agreement Both of said bonds shall be deemed exonerated upon acceptance by the City of the improvements, and the furnishing of a maintenance bond at the time of the acceptance in the amount of $ 148. 170.0a Said maintenance bond shall remain in effect for a period of one year from date of acceptance of the improvements. 3. Before final approval of street improvements, the Subdivider will place survey monuments in accordance with the provisions of the State Subdivision Map Act and the Subdivision Ordinance of the City of Palm Springs as shown on the Tract Map. The Subdivider, after setting the monuments, shall furnish the City Engineer of the City of Palm Springs, written notice of the setting said monuments and written proof of having paid the engineer or :surveyor for the setting of said monuments, or as provided for in the Subdivision Maip Act. 4. In accordance with the terms of said subdivision regulation aforesaid, the Subdivider does hereby agree to furnish a good and sufficient bond in the amount of $ 5,000. to guarantee payment of the cost of setting monuments as stated in Item No. 2 of this agreement. 5. The City Engineer or his duly authorized representative, upon written request of Subdivider, shall inspect the improvements herein agreed to be constructed and installed by Subdivider, and, if determined to be in accordance with the applicable City standards, shall recommend the acceptance of such improvements by the City. 6. Subdivider shall complete such improvement plans including any corrections and revisions thereto necessary to comply with the applicable City standards as determined by the City Engineer, within thirty (30) days after approval of the final map. 7. Subdivider shall perform any changes or alterations in the construction and installation of such improvements required by City, provided that all such changes or alterations do not exceed 10 percent of the original total estimated cost of such improvements. 8. Subdivider shall guarantee such improvements for a period of one year following the completion by Subdivider, and acceptance by City, against any defective work or labor done, or defection materials furnished, in the performance of this Subdivision Improvement Agreement by Subdivider and shall repair or replace any such defective work or materials discovered during said one year period. 9. Subdivider shall commence with construction and installation of such improvements within thirty (30) days from the approval of such "Improvement Plans for * " by the City Engineer, and shall complete such construction and installations within nine (9) months from such date of commencement. * Parcel Map No. 27975 Page 2 of 3 Subdivision Improvement Agreement 10. In the event that Subdivider fails to perform any obligation hereunder, Subdivider authorizes City to perform such obligation twenty (2O) days after mailing written Notice of Default to Subdivider at the address given below, and agrees to pay the entire cost of such performance by City. 11 . In the event that Subdivider fails to perform any obligation hereunder, Subdivider agrees to pay all costs and expenses incurred by City in securing performance of such obligations, including costs of suit and reasonable attorney's fees. 12. Subdivider hereby binds itself, its executors, administrators and assigns, and agrees to indemnify, defend, and hold the City harmless from any losses, claims, demands, actions or causes of action of any nature whatsoever, arising out of or in any way connected with the improvements agreed to be constructed and installed hereunder by the Subdivider, including costs of suit and reasonable attorney's fees. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. SUBDIVIDER: By. P.S. CENTER LTD. j By: 0� David G Summers, Authorized gent 535 Cowper, 2nd Floor Address Palo Alto, California 44301 City ATTEST:: /1 CITY F PALM SP CALIFORNIA Ci ly-6 erk @ City Mariader REVIEWED AND APPROVED n i f Page 3 of 3 f r • 06ND # 3SM 883 827 00 PREMIUM OF $18,849 .00 CITY OF PALM SPRINGS ISSUED IN QUADRUPLICATE FAITHFUL PERFORMANCE BOND 911S`i IFERIVI PREil1INI'fFULLY EARNF..-.� WHEREAS, the City Council of the City of Palm Springs, State of California, and _ n S CFNTrR ' LTD (herein designated as "principal") have entered into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, dated c ., , 192_), and identified as project PARCEL No 27975 , is hereby referred to and made a part hereof; and WHEREAS, said principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. AMERICAN MOTORISTS INSURANCE NOW, THEREFORE, we, the principal and COMPANY as surety, are held firmly bound unto the City of Palm Springs, hereinafter called ("City"), in the penal sum of ( ) dollars ($1 ,256,572 lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bounded principal, lus or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep' and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Palm Springs, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. 11-ie surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications. ( ) ONE MILLION, TWO HUNDRED FIFTY SIX THOUSAND, FIVE HUNDRED E SEVENTY TWO AND NO11COs . ($1,256,572.00) Page 1 of 2 Faithful Performance Bond TT w rNESg wHEIREOF, this instrument has been duly executed by the principal and surety above named, on 9/ h 1935 AMERICAN MOTORISTS INSURANCE COMPANY p,S. CENTER LTD. Surety principal BY. UT ORIZED AGENTp ey-in-Flct DANIEL 70NES I)AI IEL G. SUMMER$ State of CAT,TFpRNTA 1 CAPACITY CLAIMED BY SIGNER County of SAN MATEO J} ❑ INDIVIDUALS °)rv,,, ❑ CORPORATE On t i" Su {� �1 d before me, SHERRIE .TONES OFFICER(S) (DATE) R,[AME,Til OF OFFICER-I.E,'JANE DOE,NOTARY PUBLIC) ❑ PARTNERS (TITLE(S)) personally appeared DANIEL SONES Cam] ATTORNEY IN FACT ' (NAM E(S)OF SIGN ERIS)) ❑ TRUSTEE(S) ❑ SUBSCRIBING WITNESS ❑ GUARDIAN/CONSERVATOR IN personally known to me- OR - ❑ proved to me on the basis of satisfactory evidence to be ❑ OTHER: the person(z) whose names) isimcs subscribed to the within instrument and acknowledged to me that he/pgWAW executed the same in his/ StiEliPlIE J11NCS � Wjoj?E authorized capacity(, and that by SIGNER IS REPRESENTING: " x r COMM,fl1 )G823, his/ Apjr signatures) on the instrument the A (NAME OF PERSONS)OR ENTITY(IEB)) -e � a'oipAr FUDt)OCAUFOBAIIt �� personO, or the entity upon behalf of which the sap E9ateo comnY person(z) acted, executed the instrument, N MtrT4R� �T iy comet.Fapiles nuq.27,1s0H" Witne s�hand and official seal 9 �.+...,�. ,eylow ExpueesA.q,2,.99,; INSURANCE COMPANY (SEAL) ISIGNItTUREOF NOTARY) ATTENTION NOTARY:The Information requested below is OPTIONAL.It could,however,prevent fraudulent attachment of this certificate to any unauthorized document. f THIS CERTIFICATE Title or Type of Document BOND MUST BE ATTACHED TO THE DOCUMENT Number of Pages Date of Document DESCRIBED AT RIGHT: Signer(s) Other Than Named Above DLCOTTS FORM 239—ALL FUH1`0 @ACKNOWLEDGMENT—Hey.9.22 (pace class 9-2) '0592WOLCom n I I � CITY OF PALM SPRINGS BOND NO. 3SM 883 827 00 LABOR AND MATERIALS BOND PREMIUM INCLUDED WITH PERFORMANCE BOND ISSUED IN QUADRUPLICATE WI3ERF_AS, the City Council of the City of Palm Springs, State of California, and _ P S erNTrR 1TD. (hereinafter designated as "principal") have entered into an agreement whereby principal agrees to install and complete certain designated public improvements, which said agreement, dated F,-- ' rr , 199 and identified as project PA2GE1 NO. 27975 is hereby referred to and made a part hereof; and WHEREAS, under the terms of said agreement, •principal'is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Palm Springs to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division-3 of the Civil Code of the State of California. NOW, THEREFORE, said principal and the undersigned as corporate surety, are held firmly bound unto the City of Palm Springs and all contractors, subcontractors, laborers, materialmen and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Civil Code in the sum of (*) dollars ($ 628,286 ,00), for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and . also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void; otherwise it shall be and remain in fall force and effect. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said agreement or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration or addition. ( ) SIX HUNDRED & TWENTY EIGHT THOUSAND , TWO HUNDRED AND EIGHTY SIX AND NO/100s ($628,286.00) Page I of 2 Labor and Materials Bond this instrume IT WITNESS W"ER.EOF, nt bas been duty exer:utcd by the principal and 19�5 surety above named, on AMERICAN MOTORISTS INSURANCE COMPANY p.S. CENTER ,LTD. Surety principal � ) rney-in-Fact DANIEL JONES ICY DANIEL G. SUMMERS AUTHORIZED AGENT State of CALTEGRNTA CAPACITY CLAIMED BY SIGNER County of SAN MATEO ❑ INDIVIDUALS ❑ CORPORATE On c r',..u I "l l` }' Y before me, SHERRIE JONES OFFICER(S) ^(DATE) (NAME,TITLE OF OFFICER-IE.,"JANE DOE,NOTARY PUBLIC-) El PARTNERS (TITLE(S)) personally appeared DANIEL JONES �J ATTORNEY IN FACT (NAME(5)OF SIGNEfl(S)) ❑ TRUSTEE(S) ❑ SUBSCRIBING WITNESS ❑ GUARDIAN/CONSERVATOR IN personally known to me- OR- O proved to me on the basis of satisfactory evidence to be ❑ OTHER: the person(&) whose name(* iskars subscribed to the within instrument and acknowledged to me that he/R§WAiXqy executed the same in his/ authorized ca acit ��k�sf P Y(&i1, and that by }SIlEBRIE JDAES his/ ft[r signaturefW) on the instrument the SIGNER IS REPRESENTING: NAME OF PERSON(S)OR ENTITYOES))person(R), or the entity upon behalf of which the ( P�;`' ��;t , " IIOi ANY PDBLICGAl1FOPNIA person(A) acted, executed the instrument., „T„�,,. � � San(Satan County Wi es m hand and official seal. I INSURANCE COMPANI-SY ✓a' ,-o, tay Conlm.Edphes Aug.27,1980 � Y INSURANCE COMPANY (SFAL) \ ` I(SIGNATURE OF NOTARY) ATTENTION NOTARY:The information requested below is OPTIONAL.It could,however,prevent fraudulent attachment of this certificate to any unauthorized document. THIS CERTIFICATE Title or Type of Document BOND MUST BE ATTACHED TO THE DOCUMENT Number of Pages Date of Document DESCRIBED AT RIGHT: Signer(s) Other Than Named Above WOLCOTTS FORM 239—ALL PURPOSE ACKNOWLEDGMENT—Rev.9,92 (lance class 8 2) a01n92 WOLC07S n ve ^' Mr^ MUR E o mran� AMERICAN MOTORISTS INSURANCE COMPANY Home Office: Long Grove, IL 60049 POWER OF ATTORNEY Know All Men By These Presents: That the American Motorists Insurance Company, a corporation organized and existing under the laws of the State of Illinois, and having its principal office in Long Grove, Illinois, does hereby appoint Daniel Jones of San Mateo, California its true and lawful agent(s) and attorneys)-in-fact, to make, execute, seal, and deliver during the period beginning with the date of issuance of this power and ending December 31, 1997, unless sooner revoked for and on its behalf as surety, and as its act and dead: Any and all bonds and undertakings provided the amount of no one bond or undertaking exceeds TWO MILLION FIVE HUNDRED THOUSAND DOLLARS ($2,500,000.00)%•A*** EXCEPTION: NO AUTHORITY is granted to make, execute, seal and deliver any bond or undertaking which guarantees the payment or collection of any promissory note, check, draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. This appointment may be revoked at any time by the American Motorists Insurance Company. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said American Motorists Insurance Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal office in Long Grove, Illinois. THIS APPOINTMENT SHALL CEASE AND TERMINATE WITHOUT NOTICE AS OF DECEMBER 31, 1997. This Power of Attorney is executed by authority of a resolution adopted by the Executive Committee of the Board of Directors of said American Motorists Insurance Company on February 23, 1988 at Long Grove, Illinois, a true and accurate copy of which is hereinafter set forth and is hereby certified to by the undersigned Secretary as being in full force and effect; ^VOTED, That the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the Executive Committee of the Board of Directors of the Company at a meeting duly called and held on the 23rd day of February, 1988: "VOTED, That the signature of the Chairman of the Board, the President, any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to resolution adopted by the Executive Committee of the Board of Directors on February 23, 1988 and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company." In Testimony Whereof, the American Motorists Insurance Company has caused this instrument to be signed and its corporate seal to be affixed by its authorized officers, this 01 day of January , 1994 . Attested and Certified: AMERICAN MOTORISTS INSURANCE COMPANY W. A. Grauzas, S cr tary by J. S. Kemper, III, Exec.Vice President (OVER) ® +� STATE OF ILLINOIS SS COUNTY OF LAKE I, Irene Klawer, a Notary Public, do hereby certify that J. S. Kemper, III and W. A. Grauzas personally known to me to be the same persons whose names are respectively as Exec. Vice President and Secretary of the American Motorists Insurance Company, a Corporation of the State ofj Illinois, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary act for the uses and purposes therein set forth. My commission expires: 1-28-98 Irene Klawer, Notary Public "OFFICIAL SEAL" ► 4 Irene Klewer ► Notary Public,State of Illinois ► 4 My Commlaalon Eaplrea 11202 ► CERTIFICATION I, N. J. Zarada, Secretary of the American Motorists Insurance Company, do hereby certify that the attached Power of Attorney dated January 1, 1994 on behalf of the person(s) as listed on the reverse side is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do further certify that the said J. S. Kemper, III and W. A. Grauzas who executed the Power of Attorney as Exec. Vice President and Secretary respectively were on the date of the execution of the attached Power of Attorney the duly elected Senior Vice President and Secretary of the American Motorists Insurance Company. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the American P-'D n, Motorists Insurance Company on this day of 19 I i! �• / N.J.Zarada, Secretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein, and they have no authority to bind the Company except in the manner and to the extent herein stated. FM 836-5 6-92 1M PRINTED IN U.S.A. Power of Attorney - Term BOND NO. 3SM 883 829 00 PREMIUM OF $100.00 SS ppFF,y { ISSUED IN QUADRUPLICATE C �49iY •.E��4 4:�: i "t:- �:111-i:4.! E4:'�LP..atf 0'.Nl l-l�'�"...7 � CITY OF PALM SPRINGS BOND FOR FAITHFUL PERFORMANCE OF MONUMENTATION KNOW ALL MEN BY TIILSE PRESENT'S: That We, P.S. CENTER,LTD. as Principal, and AMERICAN MOTORISTS INSURANCE COMPANY as Surety, are held and firmly bound unto the CITY OF PALM SPRINGS, STATE OF CALIFORIA, in the Suns Of FIVE_THOUSAND AND NO/IOOs _ Dollars ($ 5 ,000.00 ), lawful money of the United States of America, for the payment of which sum, well and truly to be trade, we bind ourselves, our heirs, executors and successors, jointly and severally, firmly by these presents. The condition of the foregoing obligation is such that whereas said Principal has,'or is about to enter into the annexed agreement with the City of Palm Springs pursuant to the provisions of the Subdivision Map Act of the State of California and the Subdivision Ordinance of said City, for the setting of survey monuments in accordance with the provision of Section 66495 through 66498 of the Subdivision Map Act and Article 963 of the Subdivision Ordinance of the City of Palm Springs and as shown on the Map. (PARCEL No. 27975) WHEREAS the Principal, aftet setting the monuments, agrees to furnish the City Engineer of the City of Palm Springs written notice of the setting of said monuments and written proofs of having paid the Engineer or Surveyor for the setting of said monuments, all in accordance with the requirements of City's Subdivision Ordinance. - NOW THEREFORE, if the said Principal shall well and truly do and perform all the covenants and obligations of said agreement on its part to be done and performed at the times and in the manner specified herein, and shall.make full payments to all contractors, their subcontractors and to persons renting equipment or furnishing labor or materials to them for the improvement in the prosecution of the work provided for in said agreement, then the above obligations shall be void and of no effect; otherwise, it shall be and remain in full force and effect. And the said Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms 6f the agreement or to the work or improvements to be performed thereunder or to the plans or specifications attached to said agreement shall in any wise affect its obligations on this bond, and it does hereby waive nonce of any such change, extension of time, alteration or addirons to the terms of the agreement or to the work or improvements or to the plans or specifications. Page I of 2 F1 � • Bond for Faithful Performance of MonumF:ntation In the event suit is brought upon this bond by the City and judgm=L.is recovered, the Surety shall pay in addition to the above specked sum all costs incurred by the City in such suit, including a reasonable attorney's fee to be fixed by the Court. WITNESS OUR BANDS, this _26th day of SEPTEMBER 199' P .S. CPNTER,LTD. AMERICAN MOTORISTS INSURANCE COMPANY Principal Sit' F I ji BY' DANIEL JONES - f-- DANL^Ll, G. SOMMEt2� AUTHORIZED AGENT ilot� y-in-Pact > p t ' � y U State of cAT,TroRNTA CAPACITY CLAIMED BY SIGNER County of SAN MATEO ❑ INDIVIDUALS ❑ CORPORATE On ° � i (;aa "� r before me, SHERRIE JONES OFFICER(S) (TITLE(E)) (DATE) (NAME,TITLE OFOFFICEF.IE.,"JANE DOE,NOTARY PLIBUC') ❑ PARTNERS personally appeared DANIEL JONES Q ATTORNEY IN FACT (NAME(5)OF SIGNER(Sj) ❑ TRUSTEE(S) ❑ SUBSCRIBING WITNESS ❑ GUARDIAN/CONSERVATOR M personally known to me - OR - ❑ proved to me on the basis of satisfactory evidence to be ❑ OTHER: the person(A) whose name(s) isfats subscribed to the within instrument and acknowledged to me that he/fillgGkW executed the same in his/ ,. � 4µSHERRIE JONES txg{PPR E authorized capacityi&,sA, and that by rr o Comm. 1063231 hishttetdAQir signatureO on the instrument the SIGNER IS REPRESENTING: ^ (NAME OF PERSON(S)OFl ENTITY(IES)) :ua �� Ieotdgv Pusue cauroa>vIn �� personO, or the entity upon behalf of which the Sao ttarlo COMM p�rs., acted, executed the instrument. �KE�-AN-M6FORzJT� h1Y Comm.Expilos Aug.27,189g yyl, ess / ,�, /y hand and official seal. INSURANCE COMPANY ' ! (SEAL) ISIOLT JnE OF NOTARY) - C TTENTION NOTARY;The information requested below Is OPTIONAL.It could,however,prevent fraudulent(attachment of this cerllllcale to any unaulhorizod document. THIS CERTIFICATE Title or Type of Document—BONn MUST BE ATTACHED Number of Pages Date of Document TO THE DOCUMENT g DESCRIBED AT RIGHT: Signer(s) Other Than Named Above ®failfail N MUH2 MT10njL rrim`�n¢c AMERICAN MOTORISTS INSURANCE COMPANY Home Office: Long Grove, IL 60049 POWER OF ATTORNEY Know All Men By These Presents: That the American Motorists Insurance Company, a corporation organized and existing under the laws of the State of Illinois, and having its principal office in Long Grove, Illinois, does hereby appoint Daniel Jones of San Mateo, California its true and lawful agents) and attorney s)-in-fact, to make, execute, seal, and deliver during the period beginning with the date of issuance of this power' and ending December 31, 1997, unless sooner revoked for and on its behalf as surety, and as its act and dead: Any and all bonds and undertakings provided the amount of no one bond or undertaking exceeds TWO MILLION FIVE HUNDRED THOUSAND DOLLARS ($2,500,000.00) EXCEPTION: NO AUTHORITY is granted to make, execute, seal and deliver any bond or undertaking which guarantees the Payment or collection of any promissory note, check, draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as se{ forth herein. This appointment may be revoked at any time by the American Motorists Insurance Company. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said American Motorists Insurance Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal office in Long Grove, Illinois. THIS APPOINTMENT SHALL CEASE AND TERMINATE WITHOUT NOTICE AS OF DECEMBER 31, 1997. This Power of Attorney is executed by authority of a resolution adopted by the Executive Committee of the Board of Directors of said American Motorists Insurance Company on February 23, 1988 at Long Grove, Illinois, a true and accurate copy of which is hereinafter set forth and is hereby certified to by the undersigned Secretary as being in full force and effect: "VOTED, That the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the Executive Committee of the Board of Directors of the Company at a meeting duly called and held on the 23rd day of February, 1988: "VOTED, That the signature of the Chairman of the Board, the President, any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to resolution adopted by the Executive Committee of the Board of Directors on February 23, 1988 and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company." In Testimony Whereof, the American Motorists Insurance Company has caused this instrument to be signed and its corporate seal to be affixed by its authorized officers, this 01 day of Jari , 1994 . Attested and Certified: AMERICAN MOTORISTS INSURANCE COMPANY e"" �av� cnTi W. A. Grauzas, S cr tary by J. S. Kemper, III, Exec.Vice President (OVER) STATE OF ILLINOIS SS COUNTY OF LAKE 1, Irene Klewer, a Notary Public, do hereby certify that J. S. Kemper, III and W. A. Grauzas personally known to me to be the same persons whose names are respectively gas Exec. Vice President and Secretary of the American Motorists Insurance Company, a Corporation of the State ofi, Illinois, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary act for the uses and purposes therein set forth. My commission expires: 1-28-98 Irene Klewer, Notary Public 4 "OFFICIAL SEAL"� ► 4 Irene Klewer I ► 4 Notary Public,Slate at Illinois ► 4 My Cammissloe Expires MWO ► CERTIFICATION I, N. J. Zarada, Secretary of the American Motorists Insurance Company, do hereby certify that the attached Power of Attorney dated January 1, 1994 on behalf of the person(s) as listed on the reverse side is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do, further certify that the said J. S. Kemper, III and W. A. Grauzas who executed the Power of Attorney as Exec. Vice President and Secretary respectively were on the date of the execution of the attached Power of Attorney the duly elected Senior Vice President and Secretary of the American Motorists Insurance Company. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the American Motorists Insurance Company on this day of 19 N.J.Zarada, Secretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein, and they have no authority to bind the Company except in the manner and to the extent herein stated. FM $36-5 6-92 1M ', PRINTED IN U.S.A. Power of Attorney - Term • BOND NO. 3SM 883 828 00 PREMIUM OF $2,223.00 ISSUED IN QUADRUPLICATE FIRST TERM PREMIUM FULLY EARNE1) CITY OF PALM SPRINGS BOND FOR MAINTENANCE OF IMPROVEMENTS (Subdivision Agreement) KNOW ALL MEN BY THESE PRESENTS: That We, P.S. CENTER ,LTD. as Principal, and AMERICAN MOTORISTS TNSJJ ANCE COMPANY as Surety, are held and firmly bound unto the CITY OF PALM SPRINGS, STATE OF CALIFORNIA, in the sum of ( 4> Dollars ($ 148, 170.0 lawful money of the United States of America, for the payment of which sum, well and truly to be made, we bind ourselves, our heirs, executors and successors, jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLl:GATION IS SUCH, that; WHEREAS the Principal has entered into or is about to enter into a written agreement with the City of Palm Springs, pursuant to ite authority of the Subdivision Map Act of the State of California, for the improvement of the streets and easemcnts offered for dedication on the final map of PARCEL NO 77975 and whereas this bond is required by said City in connection with the execution of said agreement. WI-rFREAS the Principal is requested to guarantee the costs of repair or replacement of defective improvement construction work or materials within said Subdivision, which guarantee shall remain in effect for a period of one year from the date of acceptance of work by the City of Palm Springs, California_ NOW THEREFORE, if the Principal shall for a period of one year from and after the date of completion and acceptance of said work by said City, replace and repair any and all defective materials or defective workmanship with said improvements, then the above obligation to be void; otherwise to remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligations on this bond, and ]Page 1 of 2 (*) ONE HUNDRED FORTY EIGHT THOUSAND , ONE HUNDRED AND SEVENTY AND NO1100s it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications_ IN WITNESS WHEREOF, this instrument has been executed by the principal and surety -above named, on 9/26 19_,95 P.S. CENTER LTD. AMERICAN MOTORISTS INSURANCE. COMPANY Principal Surety Pr C BY:, ;✓ T _ �aFOhey-in-Fact DANIEL JONES DANIEL G. SUMMERS AUTHORIZED AGENT State of AT TroRNIA 1 CAPACITY CLAIMED 8Y SIGNER 1 County of SAN MATEO )} ❑ INDIVIDUALS J 1�0I"hh's ;'1 ,,, , ❑ CORPORATE On "�°'li ;�^ I Iw.,Ud n before me, SHERRIE JONES OFFICERS) (DATE) (NAME,TITLE OF OFFICER-LE,JANE DOE,NOTARY PUBLIC') (TITLE(S)) personally appeared DANIEL JONES ❑ PARTNERS (NAME(S)OFSIGNER(G)) Q ATTORNEY IN FACT ❑ TRUSTEE(S) ❑ SUBSCRIBING WITNESS O GUARDIAN/CONSERVATOR IN personally known to me-OR - ❑ proved to me on the basis of satisfactory evidence to be ❑ OTHER: the persons) whose name(a) isJmrR subscribed to the within instrument and acknowledged to me that he/ail&/t9d executed the same in his/ U. SIVERRIE JoNEB l QJMI�k authorized capacity(}, and that by •.�, Conun,kloo8231 hisRWyMX,Qtr signatures) on the Instrument the SIGNER IS REPRESENTING: IWARY PI1Bt IC.CAtIFOAf✓fj, (h person(p), or the entity upon behalf of which the (NAME OF PERSON(S)OR ENTITV(IC-SI( sir Poleo CmRy pers n ) acted, executed the instrument. L—m' s P.2y,)P;., -a Witn s m hand and official seal. �M�I�-MOTOR-j-&Ty INSURANCE COMPANY (SEAi ( GNATURE OF NOTARY) ATTENTION NOTARY:The information requested below is OPTIONAL.It could,however,prevent fraudulent attachment of this ceriillcate to any unauthorized document. THIS CERTIFICATE MUST BE ATTACHED Title or Type of Document TO THE DOCUMENT Number of Pages Date of Document DESCRIBED AT RIGHT: Signer(s) Other Than Named Above VOLCOTiS FORM 230—ALL PUflI c ACKNOWLEDGMENT—Rev.9 92 Price class 9-2) i01992 WOLCOTTS FORMS IhC wiDnRL MUM mm`m[c AMERICAN MOTORISTS INSURANCE COMPANY Home Office: Long Grove, IL 60049 POWER OF ATTORNEY Know All Men By These Presents: That the American Motorists Insurance Company, a corporation organized and existing under the laws of the State of Illinois, and having its principal office in Long Grove, Illinois, does hereby appoint Daniel Jones of San Mateo, California its true and lawful agent(s) and attornsy(s)-in-fact, to make, execute, seal, and deliver during the period beginning with the date of issuance of this power and ending December 31, 1997, unless sooner revoked for and on its behalf as surety, and as its act and deed: Any and all bonds and undertakings provided the amount of no one bond or undertaking exceeds TWO MILLION FIVE HUNDRED THOUSAND DOLLARS ($2,500,000.00) k EXCEPTION: NO AUTHORITY is granted to make, execute, seal and deliver any bond or undertaking which guarantees the payment or collection of any promissory note, check, draft or letter of credit. This authority does not permit the same obligation to be split into two or more bonds in order to bring each such bond within the dollar limit of authority as set forth herein. This appointment may be revoked at any time by the American Motorists Insurance Company. The execution of such bonds and undertakings in pursuance of these presents shall be as binding upon the said American Motorists Insurance Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal office in Long Grove, Illinois. THIS APPOINTMENT SHALL CEASE AND TERMINATE WITHOUT NOTICE AS OF DECEMBER 31, 1997. This Power of Attorney is executed by authority of a resolution adopted by the Executive Committee of the Board of Directors of said American Motorists Insurance Company on February 23, 1988 at Long Grove, Illinois, a true and accurate copy of which is hereinafter set, forth and is hereby certified to by the undersigned Secretary �s being in full force and effect: "VOTED, That the Chairman of the Board, the President, or any Vice President, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and other writings, obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the Executive Committee of the Board of Directors of the Company at a meeting duly called and held on the 23rd day of February, 1988: -VOTED, That the signature of the Chairman of the Board, the President, any Vice President, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to resolution adopted by the Executive Committee of the Board of Directors on February 23, 1988 and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company.^ In Testimony Whereof, the American Motorists Insurance Company has caused this instrument to be signed and its corporate seal to be affixed by its authorized officers, this 01 day of January , 1994 . Attested and Certified: AMERICAN MOTORISTS INSURANCE COMPANY � ea=.: W. A. Grauzas, S cr nary by J. S. Kemper, III, Exec.Vice President (OVER.) STATE OF ILLINOIS SS COUNTY OF LAKE I, Irene Klewer, a Notary Public, do hereby certify that J: S. Kemper, III and W. A. Grauzas personally known to me to be the same persons whose names are respectively as Exec. Vice President and Secretary of the American Motorists Insurance Company, a Corporation of the State oflIllinois, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunio duly authorized signed, sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation and as their own free and voluntary act for the uses and purposes therein set forth. My commission expires: 1-28-98 Irene Klewer, Notary Public "OFFICIAL SEAL"; ► A Irene Klewer ! ► 4 Notary Public,State of Illinois ► A My Commissim Expires 1I208 ► CERTIFICATION I, N. J. Zarada, Secretary of the American Motorists Insurance Company, do hereby certify that the attached Power- of Attorney dated Jarx,ary 1, 1994 on behalf of the persons; as listed on the reverse side is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do'further certify that the said J. S. Kemper, III and W. A. Grauzas who executed the Power of Attorney as Exec. Vice President and Secretary respectively were on the date of the execution of the attached Power of Attorney the duly elected Senior Vice President and Secretary of the American Motorists Insurance Company. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the American ' ` 7� � 1i�•'jC, Motorists Insurance Company on this day of �jL 19 L\ 11 ioi)E N.J.Zarada, Secretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein, and they have no authority to bind the Company except in the manner and to the extent herein stated. FM 836-5 6-92 1M PRINTED IN U.S.A. Power of Attorney - Term