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HomeMy WebLinkAbout2010-192 License & Permit Bond - Recology LEXON INSURANCE COMPANY LICENSE AND PERMIT BOND (For County, City, Town or Village only. Not valid for Contract, Perfonnance, Maintenance, Subdivision, Agent to Sell Hunting and Fishing Licenses, Utility or Tax Guarantee Bonds, or Bonds Required by the State) BB 126589 KNOWN ALL MEN BY THEIR PRESENTS: Thatwe Recology Ashland Sanitary Service Inc. and LEXON INSURANCE COMPANY. a Texas Corooration, as Surety are held and firmly bound unto City of Ashland hereinafter called the Obligee, in the amount of Twenty Five Thousand Dollars & no centa:$25.000.00 NOT VALID FOR MORE THAN $25,000.00 as Principal, Dollars, lawful money of the United States, to be paid to the said Obligee, for which payment well and truly to be made, we bind ourselves, OUf heirs, executors, administrators, successors and assigns. jointly and severally, firmly by their presents. THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas, the Principal has been licensed as a (an) "T r<,rmi' to orovide Solid Waste Service within the City of Ashland by the Obligee_ NOW THEREFORE, if the Principal shall faithfully perform the duties and comply with the laws and ordinances pertaining to the license or permit, then this obligation shall be void, otherwise to remain in full force and effect. Any liability under this bond shall commence on the 14th day of December ,2010 and end one full calendar year thereafter. The Surety may cancel this bond at any time, by filing with the Obligee and the Principal, thirty (30) days written notice of its desire to be relieved of liability under this bond. Upon termination, the Surety shall be relieved from any liability for any subsequent acts or omissions of the Principal. Dated the~ 24th Dayof November 2010 Rprology Aqhl~nn ~~nir~ry ~p.rvirp Tnr (Principal) B~g~mTI~a~ep~esident & C.F.O. LEXONINSURANCECOMPANY ~~ BY: David E. Campbell, President ACKNOWLEDGEMENT OF SURETY State of Illinois County of DuPage On 24th day of November 2010 , before me, a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared DAVID E, CAMPBELL who acknowledged himself to be the aforesaid officer of LEXON INSURANCE COMPANY, the corporation described in and that executed the within and foregoing instrument, and known to me to be the same person who executed the said instrument on behalf of the said corporation, and he duly acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have set my hand and affixed my official seal, the day and year stated in this certificate above. ~~~~~ ~~~ Notary Publlc, Stale of lIIinals C\ My Commission ExplresQ3..30.2011 Tammy Henkle ORIGINAL BOND My Commission Expires 03-30-2011 Rt Recology. WASTE ZERO RECEIVED NOV 2 9 ?~'O To: Martha Bennett, City Administrator Re: Bond # 126589 From: Esther Schaukowitch Date: November 24, 2010 Enclosed with this memo is our License and Permit Bond No, 126589 by Lexon Insurance Company replaces Bond No, 126585. For: Recology Ashland Sanitary Service Inc, (Solid Waste Service) City of Ashland Martha Bennett, City Administrator City of Ashland Administration Department 20 East Main Street Ashland, OR 97520 I can be reached at the following if any assistance is needed, Recology Esther Schaukowitch 50 California Street, 24th Floor San Francisco, Ca 94111-9796 415-875-1106 E-mail: eschaukowitch@recology.com 50 California Street, 24th Floor I San Francisco, CA 94111-9796 I T: 415.875.1000 I www.recology.com Proud to be employee owned