20-101386-Bond-04-13-2022-V1Bond No. 1084959
SITE IMPROVEMENT BOND
Know all men by these presents that
Federal Way Parcel A, LLC, c/o IRG Realty Advisors, LLC, 4020 Kinross Lakes Parkway, Suite 200, Richfield, OH 44286
as Principal, and The Hanover Insurance Company, 440 Lincoln St., Worcester, MA 0165 Surety, are held and firmly bound unto
City of Federal Way, Municipal Corporation, 33325 8th Ave., South Federal Way, WA 98003
as Obligee, in the amount of
Four Hundred Twenty -Two Thousand Four Hundred Eighty -Nine Dollars and 00/100 422,089.00
for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, successors and
assigns jointly and severally, firmly by these presents.
Project Name and Number: Woodbridge Building A; 20-101-386-CO
Whereas, Principal has agreed to perform improvements at 3120 South 344th Street, Federal Way, WA
in the City of Federal Way, WA per the final approved site plan.
Now, therefore, the condition of this obligation is such that, if the Principal shall satisfactorily complete the aforesaid
improvements in accordance with the approved plan and the requirements of the
City of Federal Way, Municipal Corporation
within a period of two years, from the date of this Agreement, then this obligation shall be null and void, otherwise it shall
remain in full force and effect. Provided, that upon the satisfactory completion of the aforesaid improvements within the
time specified herein above, the
City of Federal Way, Municipal Corporation
will accept the improvements and release the Principal and Surety, and further provided; the liability under this bond shall
under no circumstances exceed the amount of the bond.
In witness whereof, the Principal and the Surety cause this bond to be signed, sealed and delivered this 1st day of
April 2022
n Federal ay Parcel A, LLC
i By:
Witness 4*M-�y sm * 1 SV?
The Hanover Insurance Company
/ By'- ( d
Witness:
6breice 101Ilr('
Tammy Killion, Attorney -In -Fact
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THE HANOVER INSURANCE COMPANY
MASSACHUSETTS BAY INSURANCE COMPANY
CITIZENS INSURANCE COMPANY OF AMERICA
POWER OF ATTORNEY
THIS Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and
to the extent herein stated.
KNOW ALL PERSONS BY THESE PRESENTS:
That THE HANOVER INSURANCE COMPANY and MASSACHUSETTS BAY INSURANCE COMPANY, both being corporations organized and existing
under the laws of the State of New Hampshire, and CITIZENS INSURANCE COMPANY OF AMERICA, a corporation organized and existing under the
laws of the State of Michigan, (hereinafter individually and collectively the "Company") does hereby constitute and appoint,
Jeffrey Pikel, Martha Kinast, Karen Wallace, and/or Tammy Killion
Of The DeHayes Group of Fort Wayne, IN each individually, if there be more than one named, as its true and lawful attorney(s)-in-fact to sign, execute,
seal, acknowledge and deliver for, and on its behalf, and as its act and deed any place within the United States, any and all surety bonds, recognizances,
undertakings, or other surety obligations. The execution of such surety bonds, recognizances, undertakings or surety obligations, in pursuance of these
presents, shall be as binding upon the Company as if they had been duly signed by the president and attested by the secretary of the Company, in their
own proper persons. Provided however, that this power of attorney limits the acts of those named herein; and they have no authority to bind the Company
except in the manner stated and to the extent of any limitation stated below:
Any such obligations in the United States, not to exceed Ten Million and No/100 ($10,000,000) in any single instance
That this power is made and executed pursuant to the authority of the following Resolutions passed by the Board of Directors of said Company, and said
Resolutions remain in full force and effect:
RESOLVED: That the President or any Vice President, in conjunction with any Vice President, be and they hereby are authorized and
empowered to appoint Attorneys -in -fact of the Company, in its name and as it acts, to execute and acknowledge for and on its behalf as surety,
any and all bonds, recognizances, contracts of indemnity, waivers of citation and all other writings obligatory in the nature thereof, with power to
attach thereto the seal of the Company. 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 in their own proper persons.
RESOLVED: That any and all Powers of Attorney and Certified Copies of such Powers of Attorney and certification in respect thereto, granted
and executed by the President or Vice President in conjunction with any Vice President of the Company, shall be binding on the Company to the
same extent as if all signatures therein were manually affixed, even though one or more of any such signatures thereon may be facsimile.
(Adopted October 7, 1981 — The Hanover Insurance Company; Adopted April 14, 1982 — Massachusetts Bay Insurance Company; Adopted
September 7, 2001 — Citizens Insurance Company of America)
IN WITNESS WHEREOF, THE HANOVER INSURANCE COMPANY, MASSACHUSETTS BAY INSURANCE COMPANY and CITIZENS INSURANCE
COMPANY OF AMERICA have caused these presents to be sealed with their respective corporate seals, duly attested by two Vice Presidents, this 25th
day of July, 2017.
The Hanover Insurance Company
Massachusetts Bay Insurance Company
Citizens Insurance Company of America
Jahn Cr Roche, E'vT and President
THE COMMONWEALTH OF MASSACHUSETTS )
COUNTY OF WORCESTER ) ss.
The Hanover Insurance Company
Massachusetts Bay Insurance Company
Citizens Insurance Company of America
JaarnesH. Kav%iecki, ice President
On this 25" day of July, 2017 before me came the above named Vice Presidents of The Hanover Insurance Company, Massachusetts Bay Insurance
Company and Citizens Insurance Company of America, to me personally known to be the individuals and officers described herein, and acknowledged
that the seals affixed to the preceding instrument are the corporate seals of The Hanover Insurance Company, Massachusetts Bay Insurance Company
and Citizens Insurance Company of America, respectively, and that the said corporate seals and their signatures as officers were duly affixed and
subscribed to said instrument by the authority and direction of said Corporations.
AL OIANE J. MAfq
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I, the undersigned Vice President of The Hanover Insurance Company, Massachusetts Bay Insurance Company and Citizens Insurance Company of
America, hereby certify that the above and foregoing is a full, true and correct copy of the Original Power of Attorney issued by said Companies, and do
hereby further certify that the said Powers of Attorney are still in force and effect.
GIVEN under my hand and the seals of said Companies, at Worcester, Massachusetts, this 151 day of April, 2022
CERTIFIED COPY r �` ��
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