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HomeMy WebLinkAbout2026-105 BOND Pilot Rock Excavation, Inc. PERFORMANCE BOND The undersigned Pilot Rock Excavation, Inc. , as principal, further referred to in this bond as Contractor, and Hudson Insurance Company—, as surety, further referred to in this bond as Surety, are jointly and severally bound unto City of Ashland, as obligee, further referred to in this bond as City, In the sum of Three Hundred Eighty-Six Thousand Three Hundred Forty and 00/100 Dollars($386,340.00 ), Contractor and City have entered into a written contract dated ,for the following project: EAST MAIN PARK PUBLIC IMPROVEMENTS, Project No.2024-16. This contract is further referred to in this bond as the Contract and is incorporated into this bond by this reference. The conditions of this bond are: 1. If Contractor faithfully performs the Contract in accordance with the plans, specifications and conditions of the contract within the time prescribed by the Contract,as required by ORS 279C.380 through 279C.385,then this obligation is null and void;otherwise it shall remain in full force and effect. 2. If Contractor is declared by City to be in default under the Contract,the Surety shall promptly remedy the default, perform all of Contractor's obligations under the contract in accordance with its terms and conditions and payto City all damages that are due under the Contract. 3. This bond is subject to claims under ORS 279C.380 through 279C.390. 4. This obligation jointly and severally binds Contractor and Surety and their respective heirs,executors,administrators, successors. 5. Surety waives notice of modification of the Contract or extension of the Contract time. 6. Nonpayment of the bond premium shall not invalidate this bond. 7. The bond number and the name, address, and telephone number of the agent authorized to receive notices concerning this bond are as follows. Bond Number: HA-20100308 Bond Agent: Propel Insurance Address: 805 SW Broadway,Suite 2300 Portland,OR 97205 Telephone: (503)467-7540 SIGNED this 5th day of .rune 2026 . City of Ashland 58 EK0 Ii�ANCE BOND Page 2 WITNESS: CONTRACTOR: Pilot Rock Excavation, Inc. By: (Corporate Seal) Title: Legal Address: 356 Bateman Drive Central Point, OR 97502 Attest: ,( /tom„„ =�, Corporate Secretary WITNESS: SURETY: Hudson Insurance Company By: - (Corporate Seal) Lois F.Weathers Title: Attorney-in-Fact Legal Address: 2045 Cardinal Avenue, Suite 202 - Medford, OR 97504 Attest: ( ( Mandy Keltner, Witness City of Ashland 59 Hudson- Bond Number:HA-20100308 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That HUDSON INSURANCE COMPANY, a corporation of the State of Delaware, with offices at 100 William Street,New York, New York, 10038, has made, constituted and appointed, and by these presents, does make, constitute and appoint Lois F.Weathers of the State of OR its true and lawful Attomey(s)-in-Fact,at New York,New York,each of them alone to have full power to act without the other or others,to make, execute and deliver on its behalf, as Surety, bonds and undertakings given for any and all purposes, also to execute and deliver on its behalf as aforesaid renewals,extensions,agreements,waivers,consents or stipulations relating to such bonds or undertakings provided,however,that no single bond or undertaking shall obligate said Company for any portion of the penal sum thereof in excess of the sum of Three Hundred Eighty Six Thousand Three Hundred Forty Dollars($386,340.00) Such bonds and undertakings when duly executed by said Attomey(s)-in-Fact,shall be binding upon said Company as fully and to the same extent as if signed by the President of said Company under its corporate seal attested by its Secretary. In Witness Whereof, HUDSON INSURANCE COMPANY has caused these presents to be of its Senior Vice President thereunto duly authorized,on this 1st day of November,2025 at New York,New York. �Gfy°TY�p,L °• � orate seal) HUDSON INSURANCE COMPANY Attest................................................ By................................................................... Karen L.Colonna Andrew A.Dickson Corporate Secretary Senior Vice President STATE OF NEW YORK COUNTY OF NEW YORK. SS. On the 1st day of November, 2025 before me personally came Andrew A.Dickson to me known, who being by me duly sworn did depose and say that he is a Senior Vice President of HUDSON INSURANCE COMPANY,the corporation described herein and which executed the above instrument, that he knows the seal of said Corporation,that the seal affixed to said instrument is such corporate seal,that it was so affixed by order of the Board of Directors of said Corporation,and that he signed his name thereto by like order. 1 , M.MU�1RpgY P?N Mq,pG�S�z AN-41 . f F::.... ..................................... (Notarial Seal) ,o Notary Public,State of New York No.01 MU6067553 Qualified in Nassau County E f Commission Expires December 10,2029 CERTIFICATION STATE OF NEW YORK COUNTY OF NEW YORK SS. The undersigned Karen L.Colonna hereby certifies: That the original resolution,of which the following is a true and correct copy,was duly adopted by unanimous written consent of the Board of Directors of Hudson Insurance Company dated July 27th,2007,and has not since been revoked,amended or modified: "RESOLVED,that the President,the Executive Vice Presidents,the Senior Vice Presidents and the Vice Presidents shall have the authority and discretion,to appoint such Oagent or agents,or attorney or attorneys-in-fact,for the purpose of carrying on this Company's surety business,and to empower such agent or agents,or attorney or attomeys-in-fact,to execute and deliver,under this Company's seal or otherwise,bonds obligations,and recognizances, whether made by this Company as surety thereon or otherwise, indemnity contracts, contracts and certificates, and any and all other contracts and undertakings made in the course of this Company's surety business,and renewals,extensions,agreements,waivers,consents or stipulations regarding undertakings so made;and FURTHER RESOVLED,that the signature of any such Officer of the Company and the Company'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 seal when so used whether heretofore or hereafter,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." THAT the above and foregoing is a full,true and correct copy of Power of Attorney issued by said Company,and of the whole of the original and that the said Power of Attorney is still in full force and effect and has not been revoked,and furthermore that the Resolution of the Board of Directors,set forth in the said.Power of Attorney is now in force. Witness the hand of the undersigned and the seal of said Corporation this 5th day of June 2026 (Corporate seal) - �C By................................................... ...... r Karen L.Colonna, Corporate Secretary c�ht. PAYMENT BOND The undersigned Pilot Rock Excavation, Inc. , as principal, further referred to in this bond as Contractor, and Hudson Insurance Company—, as surety, further referred to in this bond as Surety, are jointly and severally bound unto City of Ashland, as obligee, further referred to in this bond as City, in the sum of Three Hundred Eighty-Six Thousand Three Hundred Forty and 00/100 Dollars($ 386,340.00 ), Contractor and City have entered into a written contract dated ,for the following project: EAST MAIN PARK PUBLIC IMPROVEMENTS, PROJECT No 2024-16 This contract is further referred to in this bond as the Contract and is incorporated into this bond by this reference. The conditions of this bond are: 1. If Contractor faithfully performs the Contract within the time prescribed by the Contract, and promptly makes payment to all claimants, as defined in ORS 279C.600 through 279C.620,then this obligation is null and void; otherwise it shall remain in full force and effect. 2. If Contractor is declared by City to be in default under the Contract, the Surety shall promptly remedy the default, perform all of Contractor's obligations under the contract in accordance with its terms and conditions and pay to City all damages that are due under the Contract. 3. This bond is subject to claims under ORS 279C.600 through 279C.620. 4. This obligation jointly and severally binds Contractor and Surety and their respective heirs,executors,administrators, successors. 5. Surety waives notice of modification of the Contract or extension of the Contract time. 6. Nonpayment of the bond premium shall not invalidate this bond. 7. The bond number and the name,address,and telephone number of the agent authorized to receive notices concerning this bond are as follows: Bond Number: HA-20100308 Bond Agent: Propel Insurance Address: 805 SW Broadway, Suite 2300 Portland, OR 97205 Telephone: (503)467-7540 SIGNED this 5th day of June 2026 . City of Ashland 60 AY LENT BOND Page 2 WITNESS: CONTRACTOR: Pilot Rock Excavation, Inc. By: (Corporate Seal) Title: {— Legal Address: 356 Bateman Drive Central Point, OR 97502 Attest: dJ42:1AJ,An 14,�L Corporate Secretary WITNESS: SURETY: Hudson Insurance Company B �� �� (Corporate Seal) Lois F.Weathers Title: Attorney-in-Fact Legal Address: 2045 Cardinal Avenue, Suite 202 Medford, OR 97504 Attest: Xt51Q �Df31CgC Mandy Keltner, Witness City of Ashland 61 Hudson- Bond Number:HA-20100308 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That HUDSON INSURANCE COMPANY, a corporation of the State of Delaware, with offices at 100 William Street,New York, New York, 10038, has made, constituted and appointed, and by these presents, does make, constitute and appoint Lois F.Weathers of the State of OR its true and lawful Attomey(s)-in-Fact,at New York,New York,each of them alone to have full power to act without the other or others,to make, execute and deliver on its behalf, as Surety, bonds and undertakings given for any and all purposes, also to execute and deliver on its behalf as aforesaid renewals,extensions,agreements,waivers,consents or stipulations relating to such bonds or undertakings provided,however,that no single bond or undertaking shall obligate said Company for any portion of the penal sum thereof in excess of the sum of Three Hundred Eighty Six Thousand Three Hundred Forty Dollars($386,340.00) Such bonds and undertakings when duly executed by said Attomey(s)-in-Fact,shall be binding upon said Company as fully and to the same extent as if signed by the President of said Company under its corporate seal attested by its Secretary. In Witness Whereof, HUDSON INSURANCE COMPANY has caused these presents to be of its Senior Vice President the-unto duly 4 A. thorized,on this 1 st day of November,2025 at New York,New York. >` orate seal) HUDSON INSURANCE COMPANY Attest........F..................................... By................................................................... Karen L.Colonna Andrew A.Dickson Corporate Secretary Senior Vice President STATE OF NEW YORK COUNTY OF NEW YORK. SS. On the 1st day of November, 2025 before me personally came Andrew A.Dickson to me known, who being by me duly swom did depose and say that he is a Senior Vice President of HUDSON INSURANCE COMPANY,the corporation described herein and which executed the above instrument, that he knows the seal of said Corporation,that the seal affixed to said instrument is such corporate seal,that it was so affixed by order of the Board of Directors of said Corporation,and that he signed his name thereto by like order. „r P . b (Notarial Seal) ...... •.9,0°•; ANN M.MURPHY— pi0 Tq� ,yl= Notary Public,State of New York No.OIMU6067553 v� 00 B Qualified in Nassau County Commission Expires December 10,2029 NEVY'40 PJ CERTIFICATION STATE OF NEW YORK COUNTY OF NEW YORK SS. The undersigned Karen L.Colonna hereby certifies: That the original resolution,of which the following is a true and correct copy,was duly adopted by unanimous written consent of the Board of Directors of Hudson Insurance Company dated July 271",2007,and has not since been revoked,amended or modified: "RESOLVED,that the President,the Executive Vice Presidents,the Senior Vice Presidents and the Vice Presidents shall have the authority and discretion,to appoint such Oagent or agents,or attorney or attomeys-in-fact,for the purpose of carrying on this Company's surety business,and to empower such agent or agents,or attorney or attorneys-in-fact,to execute and deliver,under this Company's seal or otherwise,bonds obligations,and recognizances, whether made by this Company as surety thereon or otherwise, indemnity contracts, contracts and certificates, and any and all other contracts and undertakings made in the course of this Company's surety business,and renewals,extensions,agreements,waivers,consents or stipulations regarding undertakings so made;and FURTHER RESOVLED,that the signature of any such Officer of the Company and the Company'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 seal when so used whether heretofore or hereafter,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." THAT the above and foregoing is a full,true and correct copy of Power of Attorney issued by said Company,and of the whole of the original and that the said Power of Attorney is still in full force and effect and has not been revoked,and furthermore that the Resolution of the Board of Directors,set forth in the said Power of Attorney is now in force. Witness the hand of the undersigned and the seal of said Corporation this 5th day of June •2026 (Corporate seal) By.............� . .. . ...... ......... Karen L.Colonna, Corporate Secretary