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Bonds

Riverside City Council
June 14, 2022

Document
Bonds
Meeting
June 14, 2022
Body
Riverside City Council
Original file
2.3 MB
Text extracted from the city's file for reading and search. Open the original on riversideca.legistar1.com. That file is the official record.

4445138
Surety Bond No.

PREMIUM INCLUDED

LABOR AND MATERIAL BOND
(CONSTRUCTION)
WHEREAS, the City of Riverside, a municipal corporation of the State of California, and RCH-DME PARK PLACE, LP
referred to as "Principal" , have entered into an agreement whereby Principal agrees to install and complete
said agreement, dated JANUARY Certain designated public improvements, which , 20 22, and identified as Agreement for
Construction of Improvements for project designated as Tract 32292, is hereby referred to and made a part hereof; and
WHEREAS, under the terms of said agreement, Principal is required before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Riverside to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California; NOW THEREFORE, said principal and MARKEL INSURANCE COMPANY a _'
corporation organized and doing business under and by virtue of the laws of the State of TEXAS , and duly licensed by the State of California for the purpose of making, guaranteeing or becoming sole surety upon bonds or undertakings required or authorized by the laws of the State of California, as Surety, and held firmly bound unto the City of Riverside and all contractors, subcontractors, laborers, material suppliers and other persons employed in the performance of the aforesaid agreement and referred to in the aforesaid Code of Civil Procedure in the sum of One Million One Hundred Fifty Thousand Dollars ($1,150,000.00) for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said Surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees incurred by the City of Riverside in successfully enforcing such obligations, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.

It is thereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082) of Part 1 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect.
1 311-59/CL 427B (Rev. 6/88)
The Surety hereby stipulates and agrees that no change, extension of time, alteration the terms of said agreement or the
specifications accompanying shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension, alteration or addition.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named on FEBRUARY 8TH _, 2022.

RCH-DME PARK PLACE, LP MARKEL INSURANCE COMPANY
Principal Surety
BY_ By.
ittørney-i -fact
ROSERT HOBBS 3131 CAMINO DEL RIO NORTH STE 1450
Address of Corporate Surety

MANAGER
SAN DIEGO CA 92108
City Zip Code
800-288-0351
Phone

JUSTIN L KELLEY
Approved as to Form: Producer (Bond Issuing Agent)
3419 VIA LIDO STE 424
Address
By:

Ruthenn M. Salera NEWPORT BEACH CA 92663
Deputy City Attorney City Zip Code
949-258-9800
Phone
NOTE: Signature of Attorney-in-fact to be acknowledged before a Notary Public.

Attach Power of Attorney.
2 311-59/CL 427B (Rev. 6/88)

ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document.

State of California
County of Orange
on February 10ka, 2022 before me, Timery Ann Mueller, Notary Poblic, (insert name and title of the officer)
personally appeared Robert Hobbs
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

TIMERY ANN MUELLER
WITNESS my hand and official seal.

Commission #2239401
Notary Public - Califomia
Orange County
My Comm. Expires APRII. 22, 2022
signature Jument Mueller.. (Seal)

ACKNOWLEDGMENT
A notary public or other officer completing this
ertificate verifies only the identity of the individua
Nho sianed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
State of California ORANGE
County of
on FeD. 8, 2022 before me, LINDSEY JO WOLLER, NOTARY PUBLIC (insert name and title of the officer)

JUSTIN L KELLEY
personally appeared
who proved to me on the basis of satisfactory evidence to be the person(s) whose names) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

CHONG I

LINDSEY JO WOLLER
COMM. #2267876
WITNESS my hand and official seal. NSP.
• NOTARY PUBLIC - CALIFORNIA

ORANGE COUNTY
My Commission Expires 11/20/2022
Signature_ ARIG (Seal)
POA# 510118

JOINT LIMITED POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS: That SureTec Insurance Company, a Corporation duly organized and existing under the laws of the State of Texas and having its • principal office in the County of Harris, Texas and Markel Insurance Company (the "Company"), a corporation duly organized and existing under the laws of the state of Illinois, and having its principal administrative office in Glen Allen, Virginia, does by these presents make, constitute and appoint:

Justin L. Kelley
Their true and lawful agents) and attorneys)-in-fact, each in their separate capacity if more than one is named above, to make, execute, seal and deliver for and on their own behalf, individually as a surety or jointly, as co-sureties, and as their act and deed any and all bonds and other undertaking in suretyship provided; however, that the penal sum of any one such instrument executed hereunder shall not exceed the sum of:

Five Million and 00/100 Dollars ($5,000,000.00)
This Power of Attorney is granted and is signed and sealed under and by the authority of the following Resolutions adopted by the Board of Directors of SureTec Insurance Company and Markel Insurance Company:
"RESOLVED, That the President, Senior Vice President, Vice President, Assistant Vice President, Secretary, Treasurer and each of them hereby is authorized to execute powers of attorney, and such authority can be executed by use of facsimile signature, which may be attested or acknowledged by any officer or attorney, of the ompany, qualifying the attorney or attorneys named in the given power of attorney, to execute in behalf of, and acknowledge as the act and deed of the SureTe surance Company and Market Insurance Company, as the case may be, all bond undertakings and contracts of suretyship, and to affix the corporate seal thereto.

IN WITNESS WHEREOF, Markel Insurance Company and SureTec Insurance Company have caused their official seal to be hereunto affixed and these presents to be signed by their duly authorized officers on the 8th day of Novembar, 2021 SureTec Insurance Company
Market Insurance Company
Medala MP SEAL Millins
By: _ By:

Michael C. Keimig, Presiden Robin Russo, Senior Vice President Commonwealth of Virginia
County of Henrico SS:

On this 8tn day of November, 2021 A. D., before me, a Notary Public of the Commonwealth of Virginia, in and for the County of Henrico, duly commissioned and qualified, came THE ABOVE OFFICERS OF THE COMPANIES, to me personaliy known to be the individuals and officers described in, who executed the preceding instrument, and they acknowledged the execution of same, and being by me duly sworn, disposed and said that they are the officers of the said companies aforesaid, and that the seals affixed to the proceeding instrument are the Corporate Seals of said Companies, and the said Corporate Seals and their signatures as officers were duly affixed and subscribed to the said instrument by the authority and direction of the said companies, and that Resolutions adopted by the Board of Directors of said Companies referred to in the preceding instrument is now in force.

A DON up of enrio, the day and year fist above wilten.

MY
COMMISSION By: 1
NUMBER
7083968 Donna Donavant, Notary Public
My commission expires 1/31/2023
We, the undersigned Officers of SureTec Insurance Company and Markelinsuffige Compay da tierby certify that the original POWER OF ATTORNEY of which the foregoing is a full, true and correct copy is still in full force and effect and has tot, been revoked IN WITNESS WHEREOF, we have hereunto set our hands, and affixed the Seals of said Companies, on the 8ith _ dorot February 2022
Markel Insurance Company

MONA IRE
By:

1. Breft Beaty, Assistant Secret:

Richard R. Grinnan, Vice President and Secretary
Any Instrument Issued in excess of the penalty stated above is totally void and without any validity. 510118 For verification of the authority of this Power you may call (713)812-0800 on any business day between 8:30 AM and 5:00 PM CST.

AGREEMENT FOR CONSTRUCTION OF IMPROVEMENTS
WHEREAS, the undersigned, RCH-DME PARK PLACE!D, referred to herein as the "Developer", whose principal street address is 1428E. CHAPMAN AVE, ORANGE, CA 92866, whose mailing address, if different, isSAME and whose
telephone number is (714) 633-8100 , has made application to the City of Riverside, referred to herein as the "City", for approval of project designated Tract 32292, and
WHEREAS, the Developer has not completed all of the work, or made all of the improvements required as a condition of approval of the project and desires to enter into a contract for the completion of the work and the installation of the improvements and to furnish security for the performance of this contract;
NOW, THEREFORE, in consideration of the approval of above designated project by the City, and as a condition of such approval, the Developer promises and agrees at the Developer's own expense to do all of the work and make all of the improvements required which work and improvements, without limitation by enumeration, consist of the following:

Curb and gutter, curb, sidewalk, cross gutters, driveway approaches, wheelchair ramps, A.C. paving, aggregate base material, Curb and Gutter removal, Driveway removal, sanitary sewer and appurtenances, storm drain and appurtenances, water and appurtenances, Electric and Appurtenances; all or some of which as shown on street, water, electric and sewer plans.

The above enumeration of items is understood to be only a general designation of the work and improvements, and not a binding description thereof. All of the work shall be done and improvements made and completed as shown on and in strict compliance with applicable plans and specifications, subsequent alterations thereto. Alterations in the plans and specifications, and any subsequent alterations thereto. Alterations in the plans and specifications and the work to be performed may be accomplished without giving prior notice thereof to the surety; however, the amount of the surety's obligations shall not be changed. In no event shall such change result in exonerating the surety's obligations. Such work shall be completed and improvements made within one year from the date of this agreement, unless such time be extended by the City upon written application of the Developer.

As a condition of granting a time extension, the City at its option may require a new security and agreement to reflect any revised estimated cost, as determined by the City, of the work and the improvements for the period covered by the time extension.

It is understood that by providing security for this agreement, the surety consents in advance to any extension of time as may be given by the City to the Developer and waives notices of such extension. The making of an application for an extension of time by the Developer shall, upon granting of the application by the City, constitute a waiver by the Developer and by the surety of all defenses of laches, estoppel, statutes of limitations, and other limitations of action, in any action, or proceeding filed by the City within the period of four years immediately following the date to which the time of performance was extended.
1 311-56/CL 212 (Rev. 5/87)
The Developer further agrees that any and all grading done or to be done in conjunction with the herein described project shall conform to the requirements of the Riverside Municipal Code and any other applicable ordinances regulating excavations and fills (e.g., grading regulations) and shall be completed within the period of time described above and prior to the acceptance by or on behalf of the City of the surety guaranteeing performance of this agreement.

The Developer promises and agrees to maintain all of the improvements required by this agreement after any construction has been started under this contract in a state of good repair, until all of the work and improvements are completed and accepted by the City in writing and until the security for the performance of this agreement is released in its entirety. It is further agreed that once work has started that all work shall be performed in an expedient and diligent manner as determined by the City. Should the City determine that cessation of work or incomplete construction poses possible health or safety hazards or inconvenience to the public, the City may, upon giving written notice, declare the Developer to be in default.

The Developer shall be responsible for maintaining all improvements for a period of one year following completion of the work, and acceptance by the City in writing, against any defective work or labor done, or defective materials furnished, in the performance of the contract. It is further agreed that completion and acceptance of the improvements by the City of Riverside, the liability of the surety for no less than ten percent (10%) of the face amount thereof, or $300.00, whichever is greater, will continue for the purpose of guaranteeing maintenance of the improvements for a period of one year following the completion and acceptance by the City in writing against any defective work or labor done, or defective materials furnished in the performance of this contract with the City of Riverside. Said maintenance shall include, but shall not be limited to, repair of pavement, curbs, gutters, sidewalks, parkways, slopes, sewers, storm drains and removal of debris from maintenance shall also include, but not be
limited to by this enumeration, sweeping, repairing and maintaining in a good safe condition all streets and street improvements as required by the City. It shall be the Developer's responsibility to initiate this work, but if the Developer should fail to do so, such maintenance shall be promptly performed when the Developer is notified to do so by the Public Works Director of the City. Upon failure of the Developer to properly maintain the improvements as determined by the City, the City may do all necessary work required by this paragraph, the cost thereof being chargeable to the Developer and the surety by this agreement.

If the Developer and the surety fail to install all or any of the work or to install all or any part of the improvements required by this contract within the time set forth therein, or fail to comply with any other obligation contained herein, they shall be jointly and severally liable to the City for administrative attorney's fees incurred in obtaining
compliance with this agreement and any such expenses and fees incurred in processing any action for damages or for any other remedies permitted by law.

It is further understood and agreed that upon default of any obligation hereunder, and at any time after any such default, the City may make written 2 311-56/CL 212 (Rev. 5/87)
demand upon the Developer or surety or both to immediately remedy the default or complete the work. If the remedial activities or the completion of work are not thereafter diligently prosecuted to completion and fully completed within thirty days after the making of such demand (or such other time as may be contained in the demand) the City may then complete or arrange for completion of all remaining work or conduct such remedial activity as in the sole judgement of the City may be required, all at the full expense and obligation of the Developer and surety and all without the necessity of giving any further notice to the Developer or surety before the City performs or arranges for performance of any remaining work or improvements, whether or not the Developer or surety have constructed any of the required improvements at the time. In the event the City elects to complete or arrange for completion of the remaining work and improvements, the Public Works Director, upon such election, may require all work by the Developer or surety to cease in order to permit adequate coordination by the City for completing any remaining work and improvements not yet completed. The Developer and the surety further agree under this agreement to hold the City and its officers and employees free and harmless from any claim, demand or action for damages, injury or death, and to indemnify the City for any loss, arising out of or incurred as the result Of or in connection with improper maintenance or dangerous conditions or any act or omission in connection with any of the improvements required, existing or occurring or arising out of any act or omission occurring prior to written release by the City of the security guaranteeing maintenance.

It is agreed that all work and improvements done pursuant to this agreement shall conform to the standards applicable at the time work is actually commenced.

For purposes of enforcing this agreement, the term "City" includes the City Council, the City Manager, the City Attorney, the Public Works Director, or any of them, or any of their authorized representatives.

It is further agreed that the amount of security to guarantee the performance of this contract will be Iwo Million Three Hundred Thousand Dollars ($2,300,000). In addition, the Developer shall provide security in the amount of One Million One Hundred Fifty Thousand ($1,150,000) to guarantee payment to any contractors, subcontractors, and persons furnishing labor, materials, and equipment to them for the performance of the work herein described. The labor and material security may be released six months after written acceptance of the improvements by the City providing no claims have been filed with the City against the security. The security to guarantee performance and payment to laborers and material suppliers shall be in the form of SURETY BONDS (letter of credit, time certificate of deposit, passbook account, cash deposit, or corporate surety bonds).

The Developer acknowledges and agrees to City regulations governing signs and advertising structures. Developer agrees and consents to removal by the City of all signs erected, placed, or situated in violation of any City ordinance governing size, location or required permits. Removal shall be at the expense of the Developer and Developer shall indemnify and hold the City free and harmless from any claim or demand arising out of or incurred as a result of such removal, excepting negligent acts or omissions by the City, its agents or employees. Developer agrees that said signs may be erected only 3 311-56/CL 212 (Rev. 5/87)
pursuant to a permit issued by the City upon payment of necessary fees or deposits.

Developer acknowledges that installation ofthe required improvements under this agreement is the Developer's sole responsibility and the Developer is not relieved of this responsibility should the Developer sell or transfer title to the property for which these improvements are required.

Should the Developer wish transfer responsibility for the required improvements, written application must be made to the city requesting agreement and bond forms be prepared for the new Developer reflecting the current estimated cost, as determined by the City, to construct all of the required improvements. Upon submittal by the new Developer, and acceptance of the new agreement and security by the City, the previous agreement and security may be released in its entirety.

IN WITNESS WHEREOF, this agreement has been duly executed by the Developer above named on _ JANUARY 25 , 20 22:
(Names and signatures must be RCH-DME PARK PLACE LP
the same as on the security and Developer
City Attorney's Office must
approve both this agreement By.
and the security) Signature
ROGER C. HOBBS, MANAGING PARTNER
Name and Title
Approved as to Fom:

CITY OF RIVERSIDE
By: Gilbert Hernandez
Ruthann M. Salera City Engineer
Deputy City Attomey
4 311-56/CL 212 (Rev. 5/87)
Surety Bond No. 4445138
PREMIUM $37,500.00

FAITHFUL PERFORMANCE BOND
(CONSTRUCTION)
WHEREAS the City of Riverside, a municipal corporation of the State of California, and RCH-DME PARK PLACE, LP hereinafter referred to as "Principal", have entered into an agreement whereby Principal agrees to install and complete certain designated public improvements, which said agreement, dated JANUARY 25 _ 2022, and identified as Agreement for Construction of Improvements for project designated as Tract 32292, is hereby referred to and made a part hereof; and
WHEREAS, said Principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement; NOW, THEREFORE, we, the Principal and MARKEL INSURANCE COMPANY _' a corporation organized and doing business under and by virtue of the laws of the State of TEXAS _ and duly licensed by the State of
California for the purpose of making, guaranteeing or becoming sole surety upon bonds or undertakings required or authorized by the laws of the State of California, as Surety, are held and firmly bound unto the City of Riverside, in the penal of Two Million Three Hundred Thousand Dollars ($2,300,000.00) lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.

The condition of this obligation is such that is the above bounded principal, his, her or its heirs, executors, administrators, successors, or assigns, shall in all things stand to or abide by, and well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alteration thereof made as therein provided, on his, her or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Riverside, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect.

The Surety and Principal further agree that in the event the work and improvements are not completed within the time allowed by the said agreement or any extension or extensions thereof as may be granted by the City of Riverside, the City of Riverside may, at its option, and in addition to any other remedies available by law, complete or arrange for completion of said work and improvements, and all costs and expenses therefor shall become a debt due and owing said City of Riverside, as set forth in said agreement. 311-57/CL 215B (Rev. 6/86) 1
As a part of the obligation security hereby and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City of Riverside in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered.

The Surety and Principal further agree that this bond may be reduced to ten percent of the face amount of this bond or $300, whichever is greater, and continue, after completion and acceptance of the work and improvements in writing by the City of Riverside, for one year from the date of acceptance to guarantee said improvements against any defective work or labor done, 'or defective materials furnished, in performance of the contract with the City of Riverside.

The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the agreement or to the work or to the specifications.
311-57/CL 215B (Rev. 6/86) 2
IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named on FEBRUARY 8TH • 2022.

RCH-DME PARK PLACE, LP MARKEL INSURANCE COMPANY
Principal Surety
By By
Attorney- fact
ROBERT HABAS 3131 CAMINO DEL RIO NORTH STE 1450
Address of Corporate Surety
MANAGER SAN DIEGO CA 92108
City (Zip Code)
800-288-0351
Phone

JUSTIN L KELLEY
Approved as to Form: Producer (Bond Issuing Agent)
3419 VIA LIDO STE 424
Address
By:

Ruthann M. Salera NEWPORT BEACH CA 92663
Deputy City Attomey City (Zip Code)
949-258-9800
Phone
Note: Signature of Attorney-in-fact to be acknowledged before a Notary Public. Attach Power of Attorney.
311-57/CL 215B (Rev. 6/86) 3

ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document.

State of California
County of Orange
On February 10th, 2022 before me, timery Ann Mueller, Notary Public. (insert name and title of the officer)
personally appeared Robert Hobbs
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

TIMERY ANN MUELLER
WITNESS my hand and official seal. Commission # 2299401 Notary Public - Califomia
Orange County.

My Comm. Expires APRIL 22, 2022
signature Jimey muelle (Seal)
•

ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
State of California ORANGE
County of
on Jeb. 8, ron before me, LINDSEY JO WOLLER, NOTARY PUBLIC (insert name and title of the officer)

JUSTIN L KELLEY
personally appeared
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

LINDSEY JO WOLLER
WITNESS my hand and official seal. COMM. #2267876
NOTARY PUBLIC - CALIFORNIA NSP1

ORANGE COUNTY
My Commission Expires 11/20/2022
Signature / Doug (Seal)
POA#_510118

JOINT LIMITED POWER OF ATTORNEY
NOW ALL MEN BY THESE PRESENTS: That SureTec insurance Company, a Corporation duly organized and existing under the laws of the State of Texas and having it vincial fie in the outy of aris Teas and ice lamalien, main, the Cohese prescot park, duty rend and eistin under the los of the stat Justin L. Kelley
Their true and lawful agents) and attorneys)-in-fact, each in their separate capacity if more than one is named above, to make, execute, seal and deliver for and on that the penal sum of any one such instrument executed hereunder shall not exceed the sum of: their own behalf, individually as a surety or jointly, as co-sureties, and as their act and deed any and all bonds and other undertaking in suretyship provided; however, Five Million and 00/100 Dollars ($5,000,000.00)
This Power of Attorney is granted and is signed and sealed under and by the authority of the following Resolutions adopted by the Board of Directors of SureTec Insurance Company and Markel Insurance Company:
"RESOLVED, That the President, Senior Vice President, Vice President, Assistant Vice President, Secretary, Treasurer and each of them hereby is authorized to execute powers of attorney, and such authority can be executed by use of facsimile signature, which may be attested or acknowledged by any officer or attorney, of the company, qualifying the attorney or attorneys named in the given power of attorney, to execute in behalf of, and acknowledge as the act and deed of the SureTec Insurance Company and Markel Insurance Company, as the case may be, all bond undertakings and contracts of suretyship, and to affix the corporate seal thereto." IN WITNESS WHEREOF, Marked Insurance Company and SureTec Insurance Company have caused their official seal to be hereunto affixed and these presents to be signed by their duly authorized officers on the 8th day of November, 2021.

SureTec insurance Company Markel Insurance Company

TAURANCE CO
SEAL E
By:

Michael C. Keimig, President
Røbin Russo, Senior Vice President
Commonwealth of Virginia
County of Henrico SS:

On this ath day of Novomber, 2021 A. D., before me, a Notary Public of the Commonwealth of Virginia, in and for the County of Henrico, duly commissioned and qualified, came THE ABOVE OFFICERS OF THE COMPANIES, to me personally known to be the individuals and officers described in, who executed the preceding instrument, and they acknowledged the execution of same, and being by me duly sworn, disposed and said that they are the officers of the said companies aforesaid, and that the seals affixed to the proceeding instrument are the Corporate Seals of said Companies, and the said Corporate Seals and their signatures as officers were duly affixed and subscribed to the said instrument by the authority and direction of the said companies, and that Resolutions adopted by the Board of Directors of said Companies referred to in the preceding instrument is now in force.

IN TESTIMONY WHEREOF, I have hereunto set my hand, andaffixed my biNA DO Con ret Henrico, the day and year first above written.

MY
COMMISSION By:

NUMBER
Donna Donavant, Notary Public
7083968
My commission expires 1/31/2023
We, the undersigned Officers of SureTec Insurance Company and Marker nsAne Camp hy deterby certify that the original POWER OF ATTORNEY of which the foregoing is a full, true and correct copy is still in full force and effect and has hot been reyoked IN WITNES WHEREOF, we have here set our hands and fied the sals of ald companies, on the 8th ayor Fearvary 2022 Markel Insurance Company
By:

1. Breft Beaty, Assistant Secreta
Richard R. Grinnan, Vice President and Secretary
Any Instrument Issued in excess of the penalty stated above is totally void and without any validity. 510118 For verification of the authority of this Power you may call (713)812-0800 on any business day between 8:30 AM and 5:00 PM CST.

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