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HomeMy WebLinkAboutBid 2015 Dump Truck - Surety Bond Sentry Insurance—Surety Bond Department 1800 North Point Drive fiat SENTRY® P.O.Box 8022 Stevens Point,WI 54481 INSURANCE Phone:800.624.8369 Sentry Select Insurance Company SURETY BOND FOR THE PROPOSAL OR BID ON A CONTRACT Bond Number: BN 84566 Date Bond Executed: July 9,2014 (must not be later than bid opening date) Surety Principal Name: Sentry Select Insurance Company Principal's Name: Rocky Mountain Truck Center Address: 1800 North Point Dr. Primary Address: 310 Alaska Frontage Road Stevens Point,WI 54481 Belgrade, MT 59714 Incorporated: State of Wisconsin State of Incorporation: Montana Telephone: 1-800-624-8369 Type of Organization: Corporation PENAL SUM OF BOND BID IDENTIFICATION PERCENT OF AMOUNT NOT TO EXCEED BID DATE INVITATION NO. BID PRICE Millions Thousand(s) Hundred(s) Cents 10% 00 16 000 00 7/15/2014 New Plow/Dump Truck FOR: Equipment OBLIGATION: We,the Principal and Surety(ies), are firmly bound to the City of Bozeman(hereinafter called the"Obligee")in the above penal sum. For payment of the penal sum,we bind ourselves, our heirs,executors, administrators, and successors,jointly and severally. However, where the Sureties are corporations active as co-sureties,we,the Sureties, bind ourselves in such sum"jointly"and"severally"as well as"severally"only for the purpose of allowing a joint action or actions against any or all of us. For all other purposes,each Surety binds itself,jointly and severally with the Principal,for the payment of the sum shown opposite the name of Surety. If no limit of liability is indicated,the limit of liability is the full amount of the penal sum. CONDITIONS: The Principal has submitted the bid identified above. THEREFORE: The above obligation is void if the Principal—(a)upon acceptance by the Obligee of the bid identified above,within the period specified therein for acceptance(sixty(60)days if no period is specified), executes the further contractual documents and gives the bond(s) required by the terms of the bid as accepted within the time specified (ten (10)days if no period is specified) after receipt of the forms by the principal; or(b) in the event of failure to execute such further contractual documents and give such bonds, pays the Obligee for any cost of procuring the work which exceeds the amount of the bid. Each Surety executing this instrument agrees that its obligation is not impaired by any extension(s)of the time for acceptance of the bid that the Principal may grant to the Obligee Notice to the surety(ies)of extension(s) are waived. However,waiver of the notice applies only to extensions aggregating not more than sixty (60)calendar days in addition to the period originally allowed for acceptance of the bid. WITNESS: The Principal and Surety(ies)executed this bond and affixed their seals on the above date. SURETY • P [PAL X _/A,IhO'K . Dore en R. Bialas,Attorney-in-Fact (Printed Name and Title) .� "F �i (Printed—Naha andj� WA -0: �1�v Authorized Countersignature(Where 126 I �� 80-3337 '/!' 15,111 SENTRY SELECT INSURANCE COMPANY POWER OF ATTORNEY Bond Number: BN 84566 Know all men by these presents, that Sentry Select Insurance Company, a corporation duly organized under the laws of the State of Wisconsin, and having its principal place of business in the City of Stevens Point, State of Wisconsin, does hereby make, constitute and appoint JOHN T. BAUMAN, BEVERLY R. BEIGEL, DORENE R. BIALAS, RITA M. GINDER, CHERYL M. JISKO, ANDY M. KURSZEWSKI,JENNIFER M. MURPHY, TRICIA L. SCHILLING, MICHELLE M. THAUER, AND LYNDA L.WACHOWIAK, as its true and lawful Attorneys-in-Fact, for it, and in its narne, place and stead, with full power and authority to sign, execute, acknowledge and deliver for and on its behalf as Surety, any and all bonds with an effective date on or after January 13,2014. Signed Attest: Daniel L.Revai,President Kenneth J.Erler,secretary Sentry Select Insurance Company Sentry Select Insurance Company ACKNOWLEDGMENT State of Wisconsin ) )SS. County of Portage ) I, Shelley M. McEachen, Notary Public, do hereby certify that Daniel L. Revai and Kenneth J. Erler, the President and the Secretary, respectively, of Sentry Select Insurance Company, personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such President and Secretary, appeared before me this day in person and acknowledged that they signed, sealed and delivered said instrument as their free and voluntary act for the uses and purposes therein set forth. Given under my hand and official seal,this 13th clay of January, 2014. :�' Shelley M-McEachen ti•Qom' • My Commission expires 1 0/1 712 01 7 AUTHORIZATION I, Kenneth J. Erler, Secretary of Sentry Select Insurance Company, hereby certify that Sentry Select Insurance Company is duly licensed to transact fidelity and surety business in all States of the United States of America, that the foregoing Power of Attorney is a correct and true copy of the original Power of Attorney, that said Power of Attorney has not been revoked, and I further certify that the following is a true and exact copy of two resolutions passed by the Board of Directors of Sentry Select Insurance Company at meetings held by said Board, a quorum being present and voting on the date specified below,which resolutions are still in effect: RESOLVED, that the President or any Senior Vice President in conjunction with any Secretary or Assistant Secretary, be and they are hereby authorized and empowered to appoint Attorneys-in-Fact of the Company, in its name and as its acts,to execute and acknowledge for and on its behalf as Surety any and all bonds, recognizance,contracts of indemnity,waivers of citation and all other writings obligatory in the nature thereof, with power to attach thereto the seal of the Company. Any such writings so executed by such Attorneys-in-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected Officers of the Company in their own proper persons. (Adopted 11 September 1969.) RESOLVED, that the signature of any Officer authorized by the Bylaws and the Company seal may be affixed by facsimile to any power of attorney or special power of attorney or certification of either for the execution of any bond, undertaking, recognizance or other written obligation in nature thereof, such signature and seal when so used being hereby adopted by the Company as the original signature of such Officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as though manually affixed. (Adopted 29 April 1971.) Given under my hand and official seal,this 9th day of July,2014. 1111/��`, CF Kenneth J.Erler,Secretary +�1IJ1 _ 'ti �•n0� ••�'�''� Sentry Select Insurance Company1� Z