HomeMy WebLinkAboutLETNER Bid Bond - Diamond Bar City HallBid Bond
(Percentage)
KNOW ALL PERSONS BY THESE PRESENTS, That we Danny Letner, Inc. dba Letner Roofing
Company of Orange, CA, hereinafter referred to as the Principal, and Western Surety Company
as Surety, are held and firmly bound unto City of Diamond Bar of Diamond Bar, CA,
hereinafter referred to as the Obligee, in the sum of TEN PERCENT of the total amount of the
bid in Dollars ($10% of bid amount), for the payment of which we bind ourselves, our legal
representatives, successors and assigns, jointly and severally, firmly by these presents.
Whereas, Principal has submitted or is about to submit a proposal to Obligee on a contract for:
City Hall Re -Roof Project
NOW, THEREFORE, if the said contract be awarded to Principal and Principal shall, within
such time as may be specified; enter into the contract in writing and give such bond or bonds
as may be specified in the bidding or contract documents with surety acceptable to Obligee; or
if Principal shall fail to do so, pay to Obligee the damages which Obligee may suffer by reason
of such failure not exceeding the penalty of this bond, then this obligation shall be void;
otherwise to remain in full force and effect.
SIGNED, SEALED AND DATED this 22nd day of February, 2024.
Danny Letner, Inc. dba Letner Roofing
SUR-23054-D2
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the
individual who signed the document to which this certificate is attached, and not the
truthfulness, accuracy, or validity of that document.
STATE OF CALIFORNIA
)ss.
COUNTY OF LOS ANGELES
On February 22, 2024 before me, Rolando Lopez, No Public, personally appeared
Martha J. Chase, who proved to me on the basis of satisfactory evidence to be the person(s)
whose name(s) is/eFe subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/gwk authorized capacity(ies), and that by his/her/dwk
signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s)
acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
WITNESS my hand and official seal.
R"DO LOPEI
(Seal) NOTARY PUBLIC - CAU MIA
z LOS ANGELES COUNTY
Rolando Lopez, No Pub ' COMMISSION # 2381870 ..
MY COMM. EXPIRES NOV. 30, 2025
Western Surety Company
POWER OF ATTORNEY APPOINTING INDIVIDUAL ATTORNEY -IN -FACT
Know All Men By These Presents, That WESTERN SURETY COMPANY, a South Dakota corporation, is a duly organized and existing corporation having its
principal office in the City of Sioux Falls, and State of South Dakota, and that it does by virtue of the signature and seal herein affixed hereby make, constitute and appoint
Martha J. Chase, Individually
of Los Angeles, CA, its true and lawful Attomey(s)-in-Fact with full power and authority hereby conferred to sign, seal and execute for and on its behalf bonds,
undertakings and other obligatory instruments of similar nature
- In Unlimited Amounts -
and to bind it thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the corporation and all the acts of said Attorney,
pursuant to the authority hereby given, are hereby ratified and confirmed.
This Power of Attorney is made and executed pursuant to and by authority of the Authorizing By -Laws and Resolutions printed at the bottom of this page, duly
adopted, as indicated, by the shareholders of the corporation.
In Witness Whereof, WESTERN SURETY COMPANY has caused these presents to be signed by its Vice President and its corporate seal to be hereto affixed on
this 22nd day of December, 2023.
,Np„uw,yh4
s�aEtrc`, WESTERN SURETY COMPANY
�W!
Larry Kasten, Vice President
State of South Dakota l
J County of Minnehaha ss
On this 22nd day of December, 2023, before me personally came Larry Kasten, to me known, who, being by me duly sworn, did depose and say: that he resides in
the City of Sioux Falls, State of South Dakota; that he is a Vice President of WESTERN SURETY COMPANY described in and which executed the above instrument;
that he knows the seal of said corporation; that the seal affixed to the said instrument is such corporate seal; that it was so affixed pursuant to authority given by the Board
of Directors of said corporation and that he signed his name thereto pursuant to like authority, and acknowledges same to be the act and deed of said corporation.
My commission expires i M. BENT
i NOTARY PUBLIC e i
a
March 2, 2026 a(RSOUTH AR DAKOTA �
♦►\\\\\\\\\\\\\\\\\\\\\\ I
M. Bent, Notary Public
CERTIFICATE
I, L. Nelson, Assistant Secretary of WESTERN SURETY COMPANY do hereby certify that the Power of Attorney hereinabove set forth is still in force, and further
certify that the By -Law and Resolutions of the corporation printed below this certificate are still in force. In testimony whereof I have hereunto subscribed my name and
affixed the seal of the said corporation this 22nd day of February, 2024.
q+Q��Rgco'L WESTERN SURETY COMPANY
<Z)Y.
S •.� % P8
arijyt pp;►� L. Nelson, Assistant Secretary
Authorizing By -Laws and Resolutions
ADOPTED BY THE SHAREHOLDERS OF WESTERN SURETY COMPANY
This Power of Attorney is made and executed pursuant to and by authority of the following By -Law duly adopted by the shareholders of the Company.
Section 7. 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, and 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 Attomey or other
obligations of the corporation. The signature of any such officer and the corporate seal may be printed by facsimile.
This Power of Attorney is signed by Larry Kasten, Vice President, who has been authorized pursuant to the above Bylaw to execute power of attorneys on behalf of
Western Surety Company.
This Power of Attorney may be signed by digital signature and sealed by a digital or otherwise electronic -formatted corporate seal under and by the authority of the
following Resolution adopted by the Board of Directors of the Company by unanimous written consent dated the 27' day of April, 2022:
"RESOLVED: That it is in the best interest of the Company to periodically ratify and confirm any corporate documents signed by digital signatures and to ratify and
confirm the use of a digital or otherwise electronic -formatted corporate seal, each to be considered the act and deed of the Company."
Go to www.enasurety.com > Owner / Obligee Services > Validate Bond Coverage, if you want to verify bond authenticity.
Form F4280-6-2023