HomeMy Public PortalAbout1997-06-02 Released Bond - Grad Agmt & Bond - Southern Calif College of Optometry
NOTICE OF COMPLETION
AND
RELEASE OF SURETY
COMPLETION DATE:
PROJECT ADDRESS: SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY-2575 YORBA LINDA BL
PROJECT NAME SURETY BOND #3sm908 867 00 FOR $7,400.00
08-17-98
DE SCRIPT ION RELEASE OF A SURETY BOND POSTED TO ENSURE PROPER GRADING
AT 2575 YORBA LIl~DA BL.
CERTIFICATION: This project has been completed in a satisfactory
manner.
B-3i-98
DATE
~~ /~ /~--
DEPARTME T HEAD
IN ACCORDANCE WITH CITY COUNCIL RESOLUTION NUMBER 5675, THE ABOVE PROJECT HAS
BEEN COMPLETED AND THE CITY CLERK IS HERBY AUTHORIZED TO FILE A NOTICE OF
COMPLETION ANDIOR RELEASE THE SURETY HELD THEREFOR.
Jim Armstrong
City Manager
NOTICE FILED
DATE 8/31/98
SURETY NOTIFIED ~ 7 - ~ 0
DATE 9-9-98
:.Crl ,~/~ Copies
Audrey Culver 1-Department
Fullerton City Clerk 1-Administration
2-City Clerk
1-File
•
September 9, 1998
American Motorists Insurance Company
7470 N. Figueroa Street
Los Angeles, CA 90041
The City of Fullerton is hereby releasing surety bond #3SM908 867 00 in the amount of $7,400
covering grading for a new Library/Lecture Hall at the Southern California College of Optometry.
This project has been completed in a satisfactory manner.
Audrey K. Culver, CMC/AAE
City Clerk
Carol Wiech
;~ , ~ , ~ ~ Y
~~;; ~~:
Richard L. Hopping, President
2575 Yorba Linda Blvd.
Fullerton, CA 95831-1699
Development Services Department
BOND I30: 3SM908 867 00
PREMIUM. $148.00
SURETY BOND
FOR
• Grading for Southern~California College of Optometry, Plan Check DIo. 97-01158
THE UNDERSIGNED principal and Surely hereby jointly and severally hold and
bind themselves unto the City of Fullerton, a Municipal Corporation, in the sum
of Seven Thousand Four Hundered and no/100
un rP_ no/109 ($7400.00 ) to be paid to said City upon
demand, together with reasonable attorney fees in any suit upon this Bond.
The condition of the above obligation is such that whereas said Principal
has executed a written agreement dated 19 in favor of
said City, a copy of which has been received by the said Surety;
NOW, THEREFORE, if said Principal shall fully perform said agreement
within time therein provided, oz any extension of such time not in excess of
three years granted by the City, any such extension without notice to or consent
of the undersigned being expressly hereby authorized, then the foregoing
obligation shall be null and void, otherwise it shall remain in full force and
effect and said payment shall be made to the said City at the City Hall is
Fullerton, California, in accordance with the terms of said agreement.
Executed this 2nd day of June, 1997
PRINCIPAL
. Southern California College of Optometry
(Corporate, Firm of Fictitious
Name)
1997 .
Am~rican D9otorists
Insurance Company
(Corporate Name)
By G B
.~~
(Signature of Office, ~ tner (Signature of Officer)
or Proprietor)
~ Richard L. Hopping C.K. Nakamura
~ix~~~ President •Attorney-in-Fact
(Official Capacity) (Official Capacity)
(A certified copy of the resolution of the Board of Directors showing authority
to execute for Corporations must be attached.)
2575 Yorba Linda Blvd.
Fullerton CA 95831-1699
Mailing Address of Principal
3 SM 908 867 00
Bond Number
7470 N. Ficrueroa St.
Los Angeles CA 90041
Mailing Address of Surety
AMERICAN MOTORISTS INSURANCE COMPANY
Home Office: Long Grove, IL 60049
.POWER OF ATTORNEY
Know All Men By These Presents:
That the American Motorists Insurance Company, a corporation organized and existing under the laws of the State of
Illinois, and having its principal office in Long Grove, Illinois, does hereby appoint
C.K. Nakamura C.G. Grasso, E.S. Albrecht, Jr.
its true and lawful agent(s) and attorney(s)-in-fact, to make, execute, seal, and deliver during the period
beginning with the date of issuance of this power and ending December 31, 1997, unless sooner revoked for and on
its behalf as surety, and as its act and deed:
Name of Principal: Southern California College of Optometry
Bond No.: 3SM908 867 00 Penal Sum: $ 7,400.00
Name of Obligee: City of Fullerton
Descripfion: Grading bond for new Library/Lecture Hall for
Southern California College of Optometry
EXCEPTION: NO AUTHORITY is granted to make execute seal and deliver any bond or undertaking which guarantees
the payment or collection of any promissory note, c~ieck, drat`t or letter of credit.
This authority does not permit the same obligation to be split into two or more bonds in order to bring each such
bond within the dollar limit of authority as sef forth herein.
This appointment may be revoked at any time by the American Motorists Insurance Company.
The execution of such bonds and undertakin sin pursuance of these presents shall be as binding upon the said
American Motorists Insurance Company as fully and amply to all intents and purposes, as if the same had been duly
xecuted and acknowledged by its regularly elected officers at its principal office in Long Grove, Illinois.
~IS APPOINTMENT SHALL CEASE AND TERMINATE WITHOUT NOTICE AS OF DECEMBER 31 1997.
This Power of Attomey is executed by authority of a resolution adopted by the Executive Committee of the Board of
Directors of said American Motorists Insurance Company on February 23, 1988 at Long Grove, Illinois, a
true and accurate copy of which is hereinafter set forth and is hereby certified to by the undersigned Secretary as
being in full force and effect
"VOTED, That the Chairman of the Board, the Presider or any Vice President, or their appointees designated in
writing and filed with the Secretary or the Secretary shad have the power and authority to appoint agents and
attpmeys~n-fact, and to authorize them to execute on behalf of the Compan ,and attach the seal of the Company
thereto bonds and undertakings, reoognizances, contrails of indemnity andyother writings, obligatory in the nature
ther+eot; and any such officers of the Company may appoint agents for acceptance of process "
This Power of Attomey is signed sealed and certified by facsimile under and by authority of the following
held on~the 23rpd~day of~Februeacery~,rv1988~~~ of the Board of Directors of the Company at a meeting duly called and
"VOTED, That the signature of the Chairman of the Board, the President, any Vice President, or their appointees
des' rated in writi and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and
bons by the 5e~tary. may be affaed by facsimile on any power of or bond executed
resolution adopted by the Executive C.oriuniftee of the Board of Directors on F ry 23 1988 and any sued, nptothwer so
execxrted, sea~ea and certified with respect to any bond or undertaking to which it is attached, shall continue to be
valid and binding upon the Company."
In Testimony Whereof the American Motorists Insurance Company has caused this instrument to be signed and its
corporate seal to be affixed by its authorized officers, this 26th day of July , 19 93
Attested and Certified:
AMERICAN MOTORISTS INSURANCE COMPANY
o rt amen, Secretary emper, ec, ice rest en
NOTE: ANY ERASURES OR WHITE OUT WILL VOID THIS POWER OF ATTORNEY.
STATE OF ILLINOIS
COUNTY OF LAKE ~
I, Irene Klewer, a Notary Public, do hereby certify that J. S. Kemper, III and Robert P. Hames personally known
to me to be the same persons whose names are respectively as Exec. Vice President ahd Secretary of the American
Motorists Insurance Company, a Corporation of the State of Illinois, subscribed to the foregoing instrument,
appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed,
sealed with the corporate seal and delivered the said instrument as the free and voluntary act of said corporation
and as their own free and voluntary act for the uses and purposes therein set forth.
Irene Klewer, Notary Public
CERTIFICATION
~ ~o~aN. ~iu.• -
~ rw q.w -
~ Meer~rtefS,fYrriar ~
w~e.Mw. eM..,4-rt. -
~~.~.~/
My commission expires: 1-28-98
I, J.K. Conway, Secretarryy of the American Motorists Insurance Company, do hereby certify that the attached Power
of Attomey dated July 26, 1993 on behalf of the person(s) as listed on the reverse side is a
true and correct copy and that the same has been in full force and effect since the date thereof and is in full
force and effect on the date of this certificate; and I do further certify that the said J. S. Kemppeer III and Robert P.
Hames who executed the Power of Attomeyy as Exec. Vice President and Secretary respec~Five~y were on the date
of the execution of the attached Power of Attomey the duly elected Exec. Vice President and Secretary of the
American Motorists Insurance Company.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and a~fixed the corporate s@~ of the American
Motorists Insurance Company on this 2n day of ~e , 19
~ ~~
J. K. Conway, Corporate Secretary
This Power of Attomey limits the acts of those named therein to the bonds and undertakings specifically named
therein, and they have no authority to bind the Company except in the manner and to the extent herein stated.
TO VERIFY THIS POWER OF ATTORNEY, CALL (847) 320-2160.
FM 362-10 5-91
Power of Attomey -Term PRINTED IN U.S.A.
•
•
CALORNIA ALL-PURPOSE ACKNOWL~Q NT
State of California
County of Los Angeles
On June 2, 1997 before me, Harriet Lambell, Notary Public,
personally appeared C.K. Nakamura
personally known to me (or 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.
WITNESS my hand and official seal.
MYCor,.,- unry
'~'' A1oy.'.!7.?fy'~'- 't
•a„~,.
~~...J
a :~~~T~ C HARRIET Lq~~rr~ L
. , , ~}~ PuF ,~
•
CA~.IFORNIA ALL•PURPOS~CKNOWLEDGMENT •
State of ~.9.C~ Fo,~rtl~~9
County of D.eAAlCr~'
On ~viVE .3 /999' before me, !-R7~¢~~~A ~~YE ~u~~ie S ,
DATE NAME, TITLE OF OFFICER - E.G., "JANE DOE, NOTARY PUBLIC"
personally appeared ~Ci~~~iQRD .(. ~a /°Pi Nfr' ,
NAME(S) OF SIGNER(S)
LA1 personally known to me - OR - ^ proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s) is/aye
subscribed to the within instrument and ac-
knowledged to me that he/9I<te/try executed
the same in his/I^r~"r/#-f~~+~r authorized
capacity(tes), and that by his/'I}e~/t-l~e'+~
' ~-~S c signature(s) on the instrument the person(,
caa~rra,~ >>;xisi2
rao~rllae-cal~orrda ~ or the entity upon behalf of which the
~,*,~,,~ ,~)c„ ~ person(s) acted, executed the instrument.
WITNESS my hand and official seal.
No. 5907
NATURE OF NOTARY
OPTIONAL
Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent
fraudulent reattachment of this form.
CAPACITY CLAIMED BY SIGNER
^ INDIVIDUAL
^ CORPORATE OFFICER
~.QFSi 1~E~t/T
TITLE(S)
^ PARTNER(S)
^ LIMITED
^ GENERAL
^ ATTORNEY-IN-FACT
^ TRUSTEE(S)
^ GUARDIAN/CONSERVATOR
^ OTHER:
SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY"(IES)
cSoyTllLSitIV ~.~/;~G,tt!/~
CfiLLEGF CF OPTo/~ET.t,~
DESCRIPTION OF ATTACHED DOCUMENT
sve E T-y f3o ~ ~ ~ ~~~ o
TITLE OR TYPE OF DOCUMENT
3 --
NUMBER OF PAGES
J-uitrE' a, 19p~'
DATE OF DOCUMENT
/y0/(~~ ~iP ~iP/~/C/~iQ1
SIGNER(S) OTHER THAN NAMED ABOVE
®1993 NATIONAL NOTARY ASSOCIATION • 8236 Remmet Ave., P.O. Box 7184 • Canoga Park, CA 91309-7184
. SOUTHER•ALIFORNIA COLLEGE OF OPTOMETRY
LEADERSHIP
IN VISION CARE
~& ED!lCAF(ON
2575 Yorba Linda Boulevard • Fullerton, California 92831
714/449-7450 • Fax 714/526-3907
RESOLUTIONS REGARDING AUTHORIZATION OF PROJECT
WHEREAS, the Board of Trustees of Southern California College of
Optometry (the "College"), as well as the Executive Committee and other Committees
of said Board, have previously authorized, approved or endorsed proceeding with some
or all of the following: the proposed classroom library building and parking structure
project, the renovation of certain existing campus buildings and facilities, the purchase
of the adjacent fire station parcel, and/or the acquisition and renovation of
student/faculty housing units adjacent to the College campus (collectively the
"Project"); and
WHEREAS, the scope and definition of the Project has been refined and
amended slightly over the course of the last few months in the context of the California
Educational Facilities Authority tax exempt revenue bond financing (the "Bond Issue");
NOW, THEREFORE, BE IT RESOLVED, that the College proceed to
construct and acquire the Project as described in and permitted under the final
documents executed and delivered in connection with the Bond Issue;
• RESOLVED FURTHER, that the President of the College and his
designated agents, each acting jointly or severally, are hereby authorized and directed
to execute and deliver any and all documents which he or they may deem necessary or
desirable in order to pursue the construction and acquisition of the Project as described
in and permitted under the final documents executed and delivered in connection with
the Bond Issue, and otherwise to effectuate the purposes of the foregoing resolutions, in
such forms as such officer or officers may approve, such approval to be conclusively
evidenced by his or their execution and delivery of the same; and
RESOLVED FURTHER, that all prior actions of the President of the
College and of any other officers or agents of the College, including, without limitation,
the execution and delivery of contracts, agreements or other instruments, relative to
the construction and acquisition of the Project, as described in and permitted under the
final documents executed and delivered in connection with the Bond Issue, are hereby
ratified, confirmed and approved; and
RESOLVED FURTHER, that all prior resolutions of the Board, or any
committee thereof, relative to the authorization, approval or endorsement of the
Project, which resolutions were subject to the review and comment) approval of the
Finance Committee or the Executive Committee, be amended to eliminate the
requirement for such review and comment approval by either committee; provided,
however, that notwithstanding anything set forth above, the substance of any final
agreement for the purchase and sale of the fire station parcel adjacent to the
College campus shall require the prior approval of the Board of Trustees or
Executive Committee thereof.