Loading...
HomeMy WebLinkAboutR-2026-002 Authorizing Execution of Sales Contract with Custom Container Living Inc01/29/2026 PAYMENT BOND KNOW ALL PERSONS BY THESJ; PRESENTS: that Bond No.: 8913696 Custom Container Livin , Inc . a _C_o_r,_po_r..;...at.'-io'-n ____ [ insert corporation, partnership or individual}, hereinafter ca11ed Principal. and __ T_he_C_in_c_in_n_a_ti _ln_s_u_ra_n_c_e _C_o_m_,_p_a---'ny,___ [insert name of surety], hereinafter called Surety, are held and firmly bound unto the CITY OF RNERSIDE, MISSOURI ("City''), and unto alt persons, firms and coq:mrations who or which may furnish labor, or who furni$h materials to perfonn as described under the Agreement and Contract Documents more fully described below and to their successors and assigns in th~ total aggregate penal sum of Ninty eight thousand three hundred eighty five dollars -------------- DoUars ($ 98 ,385 .00------------> jn lawful money of the United States, for the payment cf which sum wen and truly to be made. we bind ourselves, our heirs, ex~utors, administrators, successors and assigns, jointly and severally, finnly by these presents. THE CONDITION OF nus OBLIGATION is such that WHEREAS. the Principal entered into a certain Agreement with the Cjty, d~ted the 10th day of _A_p_r_il _____ _. 20 26, for the constrUction of Manufacture & Deliver approved by Resolution No. Custom Double Bunkhouse NOW, THEREFORE, in the event Principal shall pay the prevailing hourly rate of wages for each craft or type of worker required to execute the Work required by the Contract Documents described in the Agreement in the locality as dctennined by the Department of Labor and Industrial Relations of Missouri or by fina1 judicial detennination pursuant to the provisions of Sections 2Q0.0JO to 290.340 and 290.550 through 290.580. inclusive. of the Revised Statutes of Missouri, and shall timely pay to the proper parties alJ amounts due for material, machinery, equipment and tools, consumed or used in connection with the construction of such Work, and all insurance premiums, workers' compensation. and all other kinds of .insurance, on such Work, and for all labor perfonned in such Work whether by Principal, Subcontractor, or otherwise, then this obligation to be void, otherwise to remain in full force and effect, and the same may be sued on at the instance of any Subcontractor, material supplier. laborer, mechanic, or other interested party, 4 in the name of the City ofRivetside, to the use of such parties, for any breach of the considerations hereof. Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the tenns of the Contract Documents or to the Work to be performed thereunder shall in any wise affect its obligation on this Bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Contract Documents or to the Work . 9J£_. The Payment Bond above is accepted by the City this G,fh day of j"A I\"-~ , 20 Custom Container Living Inc. CONTRACTOR AS PRINCIPAL By: (Signature) Printed Name: Robert Wa oner Title: I he~by certify that {1) I have authority to execute this document on behalf of Surety; (2) Surety has an A.M , Best rating of A-or better; (3) Surety is nail'led in the current list of Companies Holding Certificates of Authority as Acceptable Sureties on Federal Bonds ahd Acceptable Reinsuring Companies: as published in Circular 570 (most current revisfon) by the Fln.-ncial Man.igement Service, Surety Bond Branch, U.S. Department of the Treasury; and (4} Surety is duly licensed to issue bonds in the State of Missouri and in the jurisdiction in which the Project is located. The Cincinnati Insurance Company SUREJY By:l 1k£L~ 1-C (Signature) ~nted Name: Andrea J. Canaday Title: Attorne -In-Fact Date: 01-/D3 / 2_0_2 -=----- 5 THE CINCINNATI INSURANCE COMPANY THE CINCINNATI CASUALTY COMPANY Fairfield, Ohio POWER OF ATTORNEY KNOWALL MEN BY THESE PRESENTS: ThatTHE CINCINNATI INSURANCE COMPANY and THE CINCINNATI CASUALTY COMPANY, corporations organized under the laws of the State of Ohio, and having their principal offices in the City of Fairfield, Ohio (herein collectively called the "Companies"), do hereby constitute and appoint Craig J Seiler , Brenda L Mulkey, Theresa C Johnson, Melissa A Allen, Andrea J Canaday of OVERLAND PARK, KS their true and legal Attorney(s)-in-Fact, each in their separate capacity if more than one is named above, to sign, execute, seal and deliver on behalf of the Companies as Surety, any and all bonds, policies, undertakings or other like instruments, as follows: Twenty Five Million Dollars and 00/100 ($25,000,000.00) This appointment is made under and by authority of the following resolutions adopted by the Boards of Directors of The Cincinnati Insurance Company and The Cincinnati Casualty Company, which resolutions are now in full force and effect, reading as follows: RESOLVED, that the President or any Senior Vice President be hereby authorized, and empowered to appoint Attorneys-in-Fact of the Company to execute any and all bonds, policies, undertakings, or other like instruments on behalf of the Corporation, and may authorize any officer or any such Attorney-in-Fact to affix the corporate seal; and may with or without cause modify or revoke any such appointment or authority. Any such writings so executed by such Attorneys-in-Fact shall be binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. RESOLVED, that the signature of the President or any Senior Vice President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Secretary or Assistant Vice-President and the Seal of the Company may be affixed by facsimile to any certificate of any such power and any such power of certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certified by certificate so executed and sealed shall, with respect to any bond or undertaking to which it is attached, continue to be valid and binding on the Company. IN WITNESS WHEREOF, the Companies have caused these presents to be sealed with their corporate seals, duly attested by their President or any Senior Vice President this 16th day of March, 2021 . STATE OF OHIO COUNTY OF BUTLER )SS: ) THE CINCINNATI INSURANCE COMPANY THE CINCINNATI CASUALTY COMPANY On this 16th day of March, 2021 before me came the above-named President or Senior Vice President of The Cincinnati Insurance Company and The Cincinnati Casualty Company, to me personally known to be the officer described herein, and acknowledged that the seals affixed to the preceding instrument are the corporate seals of said Companies and the corporate seals and the signature of the officer were duly affixed and subscribed to said instrument by the authority and direction of said corporations. My commission has no expiration date. Section 147.03 O.R.C. I, the undersigned Secretary or Assistant Vice-President of The Cincinnati Insurance Company and The Cincinnati Casualty Company, hereby certify that the above is the Original Power of Attorney issued by said Companies, and do hereby further certify that the said Power of Attorney is still in full force and effect. Given under my hand and seal of said Companies at Fairfield, Ohio, this (rt',. day of "1t...-\~I'';) .l, .?'6 £/~ BN-1457 (3/21) CREATIVE PLANNING Insurance, LLC February 3, 2026 Custom Container Living Inc 809 S Orange St Butler, MO 64730 Re: 8-9131696 City of Riverside To Whom It May Concern: You are hereby authorized to enter the date on the bonds and Powers of Attorney to coincide with the date the contracts are signed by you and Custom Container Living Inc. Thank you for your immediate attention to this matter. Sincerely, Andrea J. Canaday Attorney-In-Fact 5440 West 110th Street, Suite 101, Overland Park, KS 66211 main 913.341.0900 fax 913.341.0901 info(@cpfirms.com