The URL can be used to link to this page

Home My WebLink About2026-102 BOND LTM, Inc. dba Knife River Materials PERFORMANCE BOND The undersigned LTM,Inc.dba Knife River Materials L,�o� r�pal, fw#her ef[@gl_W 0 #h,I k2[]rtCf Contractor,and Liberty Mutual Insurance Company* , q5 surely further referred to in this bond as SurQty are jomntiy qnd severally bound unto C-Ity of Ashland.-as.0.b_El e, further referred to in this bond as City in the sum of One Million Twenty Five Thousand One Hundred Forty Four&80/100 Dollars � 1,R25,144.Q *&Travelers Casualty and Surety Company of America Contractor and City v nt int ' en nt t d t Tune 24th,2026 ,for the wingnrojQct: ASHLANDMUbIMPALAIRPORT-RUN WAYANDTi ff4NFREHABILITATION PJROJECT No. 2024-03, This corktract is further referred Lo .iaz_[ is bond as the Contract and is incorporated into this bond by this reference i The conditions of this bond are: 1. It ntractor faithfull4r ae ojr.ms__the Contract In accordance with the In ans. 52ecifications and conditions of_jhp, go�ar{t within the time prescribed by the -CmIm t.as requiredy+aRS 27aC.,a$.p,tt]IIUgh 279C,385,then this abligi-kn its null aod,y 'd-otherwise it shall remain in fu4L force and effect. 2. if ,orltractar is declared by City to b jn efault under the Contract,the Surety shall prQ�ptlx remedy the default perform all of Contractor's obligations_under the contract in ar arld conditions and fay to Ci all damage at are due under the Contrast _ This bond is subject to claims uroder ORS 279C.380 thro, g}a 279C.39t7, 4. This obligationn n tY arld their res active heirs executors,a€fmini5jcj3j2rs successors 5, Urety ff.@iveq notice of modification of the Contract or extensiQ10 of the Contract time. 6, 14 a npaylment of the bond premium shallu.Qt Cnualidata this bond. 7. The b,00d number and the baron,-address. and telephone number of the-ageal auth.Q ized to receive notices concerning this bond are as follows. Bond Number: 190062232/108478535 Bond Agent: Haley Pflug Address: Willis Towers Watson Midwest,Inc. 8400 Normandale Lake Blvd.,Suite 1700,Bloomington,MN 55437 Telephone: 952-806-2398 5211, SIGNED this 741W day of 740t 2026. PERFORMANCE BOND Page 2 WITNESS: CONTRACTOR: LTM,Inc.dba K ife River Materials By: (Corporate Seal) Title: C_v ChM 6TC ik /�Jr�n�t ,e," Legal Address: PO Box1145 Medford,OR 97501 Attest: ' _ 1, Corporate Secretary WITNESS: SURETY: Liberty Mutual Insurance Company& Travelers Casualty and Surely Company of America ( orparate l� t Title: Haley Pflug,Attorney-in-Fact Legal Address: 8400 Normandale Lake Blvd.,Suite 1700 �a��ps..ia+eyy *� Bloomin ton,MN 55437 1912 „ ❑ �_� � Attest: L Witness t .HOT=0Rp,? 3 531Pagc PAYMENT BOND The undersigned LTM,Inc.dba Knife River Materials , a",FincipaL further referred to in this (Ik Contractor, :1nd Liberty Mutual Insurance Company* �_SAjrejy, 'U. -her referred to in�ond as Surety. are Jointly and severally bound Unto City of Ashland, as obligree further referred to in this bond a5 Qity. in the sum of One Million Twenty Five Thousand One Hundred Forty Four&80/100 *&Travelers Casualty and Surety Company of America ontraotor and City have enleEed '111 8 written contract dated June 24th,2026 , fr�r the follows : AS ND MUNUCI A1RRORT—RUNWAYAND TAXXANE REHABILITATION PROJECT No. 2024-03, This cantracJJ5 ft4r-ther referrers to in this bQn a the Contract and is incorporated into thi� bond by this reference The condejiQns of this I. 1tC-onjtqQjorfqithfully.performs the Contra _+ ±�1 the time prescribed by the Contract and proniQtttly makes payment to all claimants as defined in ORS 279C Q00 through 279C.620, then t is obUgatlan is null and vol d;,o_Urwise it shall remain in L[L[,forCD_gnd effect, 2. If Contractor is declarod. n City to be in default under the Cnntra t the Surety shalE raptly rerrLWy IN dfdEjult. perform all of Contractor's otAigations under the contract O.e ccordance with its torm_$ and copditions and pay to City all-damages that are due under the Contract. 3. This bond is subject to claims under ORS 279C.600 279Q,Q20. 4. This obligation jointly and severally binds Contractor and Surety and their respective froe.ilrs—executors,adrnkda atflra.-suc-=s.o.r5_ 5. Surety waives notice.of modification of tb2 Contract or otension of the Contract time 6. Nonpayment of the bond premium shall not invalidate this bond 7, Th_e.bDjid num b-Qr @l_d the name.address and telephon_ r of the ent authorized to receive notices.raqu minaMs bond areas follows: Bond Number: 190062232/108478535 Bond Agent: Haley Pflug Address: Willis Towers Watson Midwest,Inc. 8400 Normandale Lake Blvd.,Suite 1700,Bloomington,MN 55437 Telephone: 952-806-2398 541Pa_ r SIGNED this 744 _ day of 20ZG, PAYMENT BOND Page 2 WITNESS: CONTRACTOR: LTM,Inc.dba Knife River 1vtatcrials By: cam' •^�+-u11 /tit q vt a er' (Corporate Sea[) Title: "' ,� � Ge Legal Address: PO Box H45 Medford,OR 97501 Attest: Corporate Secretary �l WITNESS: Liberty Mutual Insurance Company& SURETY: Travelers Casualty and Suretv many of America - By: �rporate ��.l Title: Haley Pflug,Attorney-in-Fact Legal Address: 8400 Normandale Lake Blvd.,Suite 1700 sxa4 F""M4� C. Bloomington,MN 55 7 711ft� , n � Attest: . {`1145'-'�' k $i3FD�3#3f�t1 '7+� i>�1?�X Witness piWn• ALI J_ .4j 55 P a a c Libel POWER OF ATTORNEY mutumi Liberty Mutual Insurance Company Certificate No: 8215801 -190003 SURETY The Ohio Casualty Insurance Company WestAmerican Insurance Company KNOWN ALL PERSONS BY THESE PRESENTS:That The Ohio Casualty Insurance Company is a corporation duly organized under the laws of the State of New Hampshire,that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts,and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana(herein collectively called the"Companies'),pursuant to and by authority herein set forth,does hereby name,constitute and appoint, Blake S. Bohli ,Brian D.Carpenter.Charles Draper,Erik T.Gunkel,Haley Pflug,Heather R.Goedtel,Jessica Hecker,Julie Decker,Kathryn E.Kade,Kelly Nicole En hauser, Laurie Pflug,Maci Scates,Michelle Halter,Michelle Ward,Sara Whitfield all of the city of Bloomington state of MN each individually if there be more than one named,its true and lawful attorney-in-fact to make, execute,seal,acknowledge and deliver,for and on its behalf as surety and as its act and deed,any and all undertakings,bonds,recognizances and other surety obligations,in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. IN WITNESS WHEREOF,this Power of Attomey has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 19th day of March 2026 , Liberty Mutual Insurance Company y t sJJ 110 IN � 1 Srr,p4 The Ohio Casualty Insurance Company *°kaz S. .1 11 °,011,`P West American Insurance Company 192 1919 1991 r, `❑ a#/ /-- T 0 ui E rp State of PENNSYLVANIA Nathan J,Zangede,Assistant Secretary & County of MONTGOMERY ss o E c0 a On this 19th dayof March 2026 before me personally appeared Nathan J.Zan erle,who acknowledged himself to be the Assistant Secrete of Liberty Mutual Insurance fII a> o� P Y PP 9 9 Secretary Y c.�� ra Company,The Ohio Casualty Company,and West American Insurance Company,and that he,as such,being authorized so to do,execute the foregoing instrument for the purposes== mtherein contained by signing on behalf of the corporations by himself as a duly authorized officer. >(r c IN WITNESS WHEREOF,I have hereunto subscribed my name and affixed my notarial seal at Plymouth Meeting,Pennsylvania,on the day and year first above written. Q to N wqv r ` {+ ,w4 C+�rnmrnve�lh ar r-vnrsyN�+n-riy�py Qj O rrama PaaldU rl.girp Prr6FG C.� MiJ'a£Or,YrS`GOufflY ~ o of rhreom-; uw .QxMech2R2029 By: 1L .cJ .� o a> M .yw Gdtr�iiinm mrftrr l rMN4 7 pM.-. �' ±.':"Yti�h" ., Member.Pennsylvania Association of Notaries Teresa Pastella,Notary Public Q O M aU i I RY na This Power al Attorney is made Eno executed pursuant to and by aulhortty of Ow WluMrHj Qy-faws and Avthariaat Dns of The Ohio Casualty Insuraftne Campamy, Lib"Mutual �m -E InGurawa Company,and West American Inalaarxe CarTpmy which resolwirms are now In kA fora and Ad reading as klfum- cL I ARTIICLE N-OFFICERS;Seclkrr*PowAxof Attorriey. °O Any ofriew or e0mr af6rdat of the 0arpora6m authorized for that purpose in writing by the Chairman or tha 1pmsidaM, acid"Put lip smh limitmion es Lte Chairman or the:ja Q �y rx Prirsi�mt may prescrlbre,shall appoint such attar®y u l-Fad,as may be r ssary to oct in behalf at the Corparalim ro rr�aka,axewle,58a1,ack vWge and deliver m surety F. ta rE M any.arid all undertakings,b wtds,racgn€rtras and olhar surely oh5galiam.Such altDrpr ys r fact.subject bo the Iimitakons sat forth in lreir r"pediae powers of etiotney shall-a ro Nave foil pourer to bird the Corpormion by then QnaWm and ONOW M of any 5u0h IrkstrumerTts ark bo attach�ereta the seal of the Corporatim-Whoa so ivacuWd, s,:tn 'a-- m Z , Instrulnenls shal be as birrdrng as if sgned by the Prasidem and alhes4d to by the Secretary.Any pourer or aldh"granted to any representative or athrmy-m-fact under its� ru- pradsiam of This article may be revoked at arsy time by the Board,the ChmimMen,tha Prmi6ml or by the offim or ofticeirs grorAing such power or aumarity. t0 ARTICLE XIII-Execution of Contracts:Section 5.Surety Bonds and Undertakings. Any officer of the Company authorized for that purpose in writing by the chairman or the president,and subject to such limitations as the chairman or the president may prescribe, shall appoint such attorneys-in-fact,as may be necessary to act in behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings, bonds,recognizances and other surety obligations.Such attomeys-in-fact subject to the limitations set forth in their respective powers of attorney,shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company.When so executed such instruments shall be as binding as if signed by the president and attested by the secretary. Certificate of Designation-The President of the Company, acting pursuant to the Bylaws of the Company, authorizes Nathan J.Zangede, Assistant Secretary to appoint such attomeys-in-fact as may be necessary to act on behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Authorization-By unanimous consent of the Company's Board of Directors,the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the Company,wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds,shall be valid and binding upon the Company with the same force and effect as though manually affixed. I,Renee C. Llewellyn,the undersigned,Assistant Secretary,The Ohio Casualty Insurance Company,Liberty Mutual Insurance Company,and West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full,true and correct copy of the Power of Attorney executed by said Companies,is in full force and effect and has not been revoked. IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed the seals of said Companies this 24th day of June 2026 P° 4Ksuo?Pin . J'( 3 Ihg #��RU�4 1912 P Renee C.Llewellyn,Assistant Secretary LMS-12873 LMIC OCIC WAIC Multi Qo 02/24 Travelers Casualty and Surety Company of America TRAVELERS Travelers Casualty and Surety Company _ ; St.Paul Fire and Marine Insurance Company POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine Insurance Company are corporations duly organized under the laws of the State of Connecticut (herein collectively called the"Companies',and that the Companies do hereby make,constitute and appoint Haley Pflug of BLOOMINGTON , Minnesota , their true and lawful Attorney(s)-in-Fact to sign, execute, seal and acknowledge any and all bonds, recogdzances, conditional undertakings and other writings obligatory in the nature thereof on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. IN WITNESS WHEREOF,the Companies have caused this instrument to be signed,and their corporate seals to be hereto affixed,this 21st day of April, 2021. a State of Connecticut City of Hartford ss. Robert L.Rane , enior Vice President On this the 21st day of April, 2021, before me personally appeared Robert L. Raney, who acknowledged himself to be the Senior Vice President of each of the Companies, and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behalf of said Companies by himself as a duly authorized officer. IN WITNESS WHEREOF,I hereunto set my hand and official seal. c" FTC ,• a P.Nowi My Commission expires the 30th day of June,2026 p�6ie Annk,Notary Public This Power of Attorney is granted under and by the authority of the following resolutions adopted by :ro_ Boards of Directors of the Companies,which resolutions are now in full force and effect,reading as follows: RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President,any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attomeys-in-Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her;and it is FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary;and it is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attomeys-in-Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority;and it is FURTHER RESOLVED, that the signature of each of the following officers: President, any Executive Vice President, any Senior Vice President, any Vice President,any Assistant Vice President,any Secretary,any Assistant Secretary,and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Resident Vice Presidents, Resident Assistant Secretaries or Attomeys-in- Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respect to any bond or understanding to which it is attached. I, Kevin E. Hughes, the undersigned, Assistant Secretary of each of the Companies, do hereby certify that the above and foregoing is a true and correct copy of the Power of Attomey executed by said Companies,which remains In full force and effect. Dated this 24th day of June 2026 11®rK , 'W Aw , � � Go" � M K�etnn E.Hughes,Assl tent Secretary To verify the authenticity of this Power ofAttorney,please calf us at 1-800-421-3880. Please refer to the above-named Attomey(s)-in-Fact and the details of the bond to which this Power ofAttorney is attached.