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Item 10 - New Traffic Signal Installation at Chestnut Avenue and Zoo Lane (Formerly Elk Lane)
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01/16/2024 Regular & Special HA & Special SA
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Item 10 - New Traffic Signal Installation at Chestnut Avenue and Zoo Lane (Formerly Elk Lane)
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1/23/2024 9:02:45 AM
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1/17/2024 4:39:50 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
10
Date
1/16/2024
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EXTRACT FROM BY-LAWS OF THE COMPANIES <br />"Article V, Section 8, Attorneys -in -Fact. The Chicf lixccutive Officer. the President. or anv Executive Vice ['resident or Vice President <br />may. by written instrument under the attested corporate seal, appoint attomeys-in-fact with authority to execute bonds, policies. <br />recognwanecs. stipulations, undertakings. or other like instruments on behalf of the Company, and may authorize any officer or any such <br />attomey-in-fact to affix the corporate seal thereto: and may with or without cause modify of revoke any such appointment or authority at any <br />time." <br />CERTIFICATE <br />1, the undersigned, Vice President of the ZURICH AMERICAN INSURANCE COMPANY. the COLONIAL. AMERICAN <br />CASUALTY AND SURETY COMPANY, and the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, do hereby certif}' that the <br />foregoing Power of Attorney is still in full force and effect on the date of this certificate: and I do further certify that Article V. Section 8. of <br />the By Laws of the Companies is still in force:. <br />This Power of Attomcy and Certificate may be signed by facsimile under and by authority of the following resolution of the Board of <br />Directors of the ZURICH AMERICAN INSURANCF. COMPANY at a meeting duly called and held on the 15th day of Ikcember 1998. <br />RESOLVE,D: "That the signature of the President or a Vice: ]'resident and the attesting signature of a Secretary or an Assistant Secretan <br />and the Scat of the Cumpan) may Ka affixed by facsimile on any Power of Auorncy...Any such Power or any certificate there,,rbearing such <br />facsimile signature and seal shall ere: valid and binding on the Company." <br />This Power of Attorney and Certificate may be signed by facsimile under and by authority of the following resolution of the Board of <br />Directors of the COLONIAL. AMERICAN CASUALTY AND SURETY COMPANY at a meeting duly called and held on the 51h day of <br />May. 1994. and the following resolution of the Board of Directors of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a <br />meeting duly called and held on the loth day of May. 1990. <br />RESOLVED: "That the facsimile or mechanically reproduced seal of the company and facsimile or mechanicalh reproduced signature <br />of any Vice: -President. Secretary. or Assistant Secrctan of the ComNny. whether made heretofore or hereafter. whenever appearing upon a <br />certified copy of any power of attorney issued by the Company, shall be valid and binding upon the Company with the same force and effect <br />as though manually affixed. <br />IN TESTIMONY NVT IERFOF. I have hereunto subscribed my name and affixed the corporate seals of the said Companies. <br />this 15th day of September . 2023 . <br />a+r `+ 1111tt e� <br />v� <br />By: Brian M. I lodges <br />Vice President <br />TO REPORT A CLAIM WITH REGARD TO A SURETY BOND, PLEASE SUBMIT A COMPLETE DESCRIPTION <br />OF THE CLAIM INCLUDING THE PRINCIPAL ON THE BOND, THE BOND NUMBER, AND YOUR CONTACT <br />INFORMATION TO: <br />Zurich Surety Claims <br />1299 Zurich Way <br />Schaumburg, IL 60196-1056 <br />wn�w.reportsfelaims(q)zurichna.com <br />800-626-4577 <br />Authenticity of this bond can be confirmed at bondvalidatorzurichna.com or 410.559-8790 <br />
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