PAYMENT BOND ravelers Casualty and Surety Company of Americ (Public Work) lartford, CT 0618
Bond No.: 108285518
remium $458.00
incipal, and Travelers Casualty and Surety Company of Amer CT _ corporations, s Surety, are held and firmly bound unto City of Cota
as Obligee, in the sum of _One Hundred Thousand Dollars and 00/100 U.S. Dollars ($100,000.00 _ for the payment whereof said Principal and Surety bind themselves, jointly and severally, as provided herein.
WHEREAS, Principal has entered into a contract with Obligee, dated , for Water Repair Project
_ ("Contract").
W, THEREFORE, the condition of this obligation is such that if Principal shall promptly ma ment to all Claimants as hereinafter defined for all labor and material actually used, consumed incorporated in the performance of the construction work to be performed under the Contract, then this obligation shall be void; otherwise to remain in full force and effect, subject, however, to the following conditions:
subconf carol is deind spong olor a mate la and a contrar it or matal at are a direct used, consumed or incorporated in the performance of the construction work under the Contract. ve a right of action on this bond only if said Claimant notifies Surety in writing of aim within ninety (90) days from the date on which said Claimant did or performed the last lab or expenses of any such suit.
No suit or action shall be commenced hereunder by any Claimant:
• After the expiration of the earlier of: (1) one year after the day on which Claimant las upplied the labor and/or materials for which the claim is made; or (2) the limitation period se forth in the public works bond statutes, if any, in the location where the construction work is being performed. ny limitation contained in this bond which is prohibited by any la trolling in the state where the suit is filed shall be deemed to be amended so as to be equ o the minimum period of limitation permitted by the law of that state, and said period of imitation shall be deemed to have accrued and shall commence to run on the day Claimant last supplied the labor and/or materials for which the claim is made; and subdil on of than state in ate co he prect, orny partiero is slated or a brie States District Court for the district in which the project, or any part thereof, is situated, and not elsewhere.
The amount of this bond shall be reduced by and to the extent of any payment or payments made in good faith hereunder. Surety's liability hereunder is limited, singly, or in the aggregate, to the penal sum of the bond set forth herein.
Payment Bond - Page 1 of 2
This bond is provided to comply with a statutory or other legal requirement for performing construction contracts for public owners in the location where the construction work is being performed. Except as provided in paragraph 3 above, all provisions in the bond which are in addition to or differ from those statutory or legal requirements shall be read out of this bond, and all pertinent statutes and other legal requirements shall be read into the bond. This bond is a statutory bond, not a common law bond.
Signed this 6th day of August. __ 2025
(Principal)
Argonaut Constructors, Inc.
By:
Lance A. Bushnell, Vice President
Travelers Casualty and Surety Company of Americans
SEAL
By. IPhin Bautos
Erin Bautista , Attorney-in-Fact.
Payment Bond - Page 2 of 2
ACKNOWLEDGMENT
attached, and not the truthfulness, accuracy, o
validity of that document.
State of Caria Alameda County of
On AUG - 6 2025 before me, Halle Anne Bautista, Notary Public (insert name and title of the officer)
personally appeared_Erin Bautista
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/axe subscribed to the within instrument and acknowledged to me that he/she/they executed the same in øis/her/keik authorized capacity(ies), and that by kis/her/their signature(s) on the instrument th person(s), or the entity upon behalf of which the person(s) acted, executed the instrumen certify under PENALTY OF PERJURY under the laws of the State of California that the foregoi aragraph is true and correc
WITNESS my hand and official seal. HALLE ANNE BALTISTA
Notary Pubiic - Caufornia
Alameca Calm
Commission = 2371591
/ Comm. Expires Sep 3. 202
signature Hall aun Bautin (Seal)
Travelers Casualty and Surety Company of America
TRAVELERSJ Travelers Casualty and Surety Company
St. Paul Fire and Marine Insurance Company
Farmington Casualty Company
POWEROR ATTORNEY
Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, St. Paul Fire and Marine Insurance Company, and Farin on Canies Compy mate, coporate an appoin in autole laws of the State of Connecticut (herein calectively called the Companies". oal waco. a their true and lawful Attoreys)-in-Fact to sign, execute, seal and acknowledge any and all bonds ecognizances, 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 4th day of March, State of Connecticut bush.
City of Hartford ss. Bryce Grissom, Senior Vice Presider On this the 4th day of March, 2024, before me personally appeared Bryce Grissom, who acknowledged himself to be the Senior Vice President of oach 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.
My Commission expires the 30th day of June, 2026
Anna P. Nowik, Notary Public
This Power of Attomey is granted under and by the authority of the following resolutions adopted by the Boards of Directors of each 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 Vired, treasurer, Ast Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Altomeys-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 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 rovoke the power given him or her, and it is
URTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vic resident may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegatior is in writing and a copy thereof is filed in the office of the Secretary; and it is
FURTHER RESOLVED,
Senior Vice President or any Vice President, any Second Vice President, the Treasurer, any Assistant Treasurer, Assistant Secretary and duly attestod 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 Attorneys-in-Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one 1, 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 offact Dated this August 6, 2025
Kevin E. Hughes, Assistant Secreta
To verify the authenticity of this Power of Attorney, please call us at 1-800-421-3880.
Please refer to the above-named Attorneys)-in-Fact and the details of the bond to which this Power of Attorney is attached.