HomeMy WebLinkAboutReso 93-055 - Approve replacement of the lost registered bond: Cert #R0571 Redding Calif Impro Bond Act 1915 savi Assessment Dist 88-4DT i
RESOLUTION NO. q3-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE REPLACEMENT OF THE FOLLOWING LOST
REGISTERED BOND:
CERTIFICATE NO. R0571, $10,000.00 PRINCIPAL
AMOUNT, REDDING CALIFORNIA IMPROVEMENT BOND
ACT 1915 SAVI ASSESSMENT DISTRICT" 88-4DT AT
7.700% DUE 9/02/2004, R/N/O EDWARD D. JONES &
CO. ;
AND AUTHORIZING THE CITY TREASURER TO SIGN ALL
NECESSARY DOCUMENTATION TO COMPLETE SAID REPLACEMENT.
WHEREAS, the City Treasurer has received a request from
First Trust in St. Paul, Minnesota, to replace the above-
mentioned lost Registered Bond; and
WHEREAS, as required by law, First Trust has furnished the
City of Redding with Safeco Bond No. 5744428, a copy of which is
attached hereto and incorporated herein by reference; and
WHEREAS, in order to complete the replacement of the lost
Bond, IT IS HEREBY RESOLVED by the City Council of the City of
Redding as follows:
1. That the City Treasurer be and hereby is authorized and
directed to sign all necessary documentation on behalf of the
City of Redding in order to complete the replacement of the lost
Registered Bond, as more particularly set forth above.
2. That the Bond owners must pay the costs of issuance of
the replacement Bond.
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3. That the City Clerk is hereby authorized and directed
to attest the signature of the City Treasurer, and to impress the
official seal of the City of Redding on the aforesaid
documentation, when appropriate.
I HEREBY CERTIFY that the foregoing Resolution was
introduced and read at a regular meeting of the City Council of
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the City of Redding on the 16th day of February, 1993, and was
duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: ANDERSON, ARNESS, KEHOE AND MOSS
NOES: COUNCIL MEMBERS: NONE
ABSENT: COUNCIL MEMBERS: DAHL
ABSTAIN: COUNCIL MEMBERS: NONE
CHARLIE MOSS, Mayor
City of Redding
A EST:
CONNIE STROHMAY City Clerk
FO PROVED:
Ri�DALL A. HAYS, City Attorney
2
SAFECO INaTiRANCE COMPANY OF AMERICA
GENERAL INSURANCE'COMPANY OF AMERICA
FIRST NATIONAL INSURANCE COMPANY OF AMERICA
SAFECO HOME OFFICE: SAFECO PLAZA
SEATTLE,WASHINGTON 98185
EXECUTED IN TWO COUNTERPARTS
LOST INSTRUMENT BOND Bond No.�r7ddd?R
KNOW ALL BY THESE PRESENTS, That we, EDWARD D. JONES & CO.
1 P r r P r kw M r l n H i h t M 63043-3042 as Principal,
an , a corporation under the laws of the State of Washington,having
its principal office at Seattle, Washington, as Surety, are held and firmly bound unto
FIRST TRUST AND CITY OF REDDING S.A.V. I ASSESSMENT DIST NO 88-4
their successors and assigns as interest may appear(hereinafter called Obligees), in the sum of OPEN PENALTY-
N N N N N N N N N N N N N X N X$I N N N N X N It N N N N X N N N N N N N N M N X N N N N N N N X N N N N N N N N N N N Dollars ($ N N N N N N )
lawful money of the United States, to be paid to the Obligees or their legal representatives, for which payment, well and
truly to be made, the said Principal and Surety bind themselves, their heirs, executors, administrators, successors and
assigns, jointly and severally, firmly by these presents.
Sealed with our seals and dated this 27TH day of OCTOBER , 19 92
WHEREAS, the aforesaid Principal is the owner of $10 000 Redd i ng Ca I i f Imo t Bd Ac t 1915 Sa n to Ana
Vv Irr Assmt Dist it88-4Dt E/29/PQFr_.3/2/91r,hla Aid 7.700% Que 0910212004.____
Cert #R0571 N/0 Edward D Jones & Co
and has lost, mislaid or destroyed said instrument or instruments,so that the same cannot be found or produced;and
WHEREAS, the Obligees have agreed with the Principal on Principal's promise of indemnity to duplicate said instrument
or instruments so lost, mislaid or destroyed, or to pay to said Principal or credit to said Principal's account the value
thereof:
NOW,THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That if the Obligee shall issue or cause to
bo issued to the Principal or Principal's order new or duplicate instrument or instruments in place of the aforementioned
lost, mislaid or destroyed, or if the Obligees shall pay to Principal or credit to Princ;Nal'.s account the value thereof; and
if the Principal, the heirs,executors, administrators, successors, or assigns of said Principal,or any of them, shall in case
the lost, mislaid or destroyed instrument or instruments be found or come into the hands or power of any of them, or to
the hands, custody or power of any person, deliver or cause the same to be delivered unto the Obligees in order to be
canceled and also shall at all times indemnify and save harmless the Obligees from and against any and all costs, actions,
suits, damages, charges or expenses, by reason of said lost, mislaid or destroyed instrument or instruments or the
issuance of other or others in lieu thereof, or the paying or crediting as aforesaid of the value without the surrender
thereof, then this obligation to be void; otherwise to remain in full force and virtue.
EDWARD D. JONES & CO.
n / Principal
Witness By
Carolyn Miklich Su er ' -Lost Certificates
SAFM I UR NCE CO. PANY OF AMERICA
FORM APPROVE® ByN v6 A. McCloud Attorney-in-Fact
S-1228/EP 8/90 PRINTED IN U.S.A.
CITY LEGAL bEPT.
*bWEROINSURANCE COMPANY OF AMERICA
OF ATTORNEY
OECRAL INSURANCE COMPANY OF AMERICA
HOME OFFICE: SAFECO PLAZA
SAFECO SEATTLE,WASHINGTON 98185
No. 3921
KNOW ALL BY THESE PRESENTS:
That SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA,each
a Washington corporation, does each hereby appoint
--------------------------------NEVA A. McCLOUD-------------------------------------
its true and lawful attorney(s)-in-fact, with full authority to execute on its behalf fidelity and surety bonds or undertakings
and other documents of a similar character issued in the course of its business,and to bind the respective company thereby.
IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY
OF AMERICA have each executed and attested these presents
this 11th day of August _ 19 80 .
CERTIFICATE
Extract from the By-Laws of SAFECO INSURANCE COMPANY OF AMERICA
and of GENERAL INSURANCE COMPANY OF AMERICA:
"Article V, Section 13. — FIDELITY AND SURETY BONDS . . . the President, any Vice President, the Secretary, and any
Assistant Vice President appointed for that purpose by the officer in charge of surety operations,shall each have authority
to appoint individuals as attorneys-in-fact or under other appropriate titles with authority to execute on behalf of the
company fidelity and surety bonds and other documents of similar character issued by the company in the course of its
business. . . On any instrument making or evidencing such appointment,the signatures may be affixed by facsimile. On any
instrument conferring such authority or on any bond or undertaking of the company,the seal,or a facsimile thereof, may be
impressed or affixed or in any other manner reproduced; provided, however, that the seal shall not be necessary to the
validity of any such instrument or undertaking."
Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA
and of GENERAL INSURANCE COMPANY OF AMERICA adopted July 28, 1970.
"On any certificate executed by the Secretary or an assistant secretary of the Company setting out,
(i) The provisions of Article V, Section 13 of the By-Laws, and
(ii) A copy of the power-of-attorney appointment, executed pursuant thereto, and
(iii) Certifying that said power-of-attorney appointment is in full force and effect,
the signature of the certifying officer may be by facsimile, and the seal of the Company may be a facsimile thereof."
I, Boh A. Dickey, Secretary of SAFECO INSURANCE COMPANY OF AMERICA and of GENERAL INSURANCE
COMPANY OF AMERICA,do hereby certify that the foregoing extracts of the By-Laws and of a Resolution of the Board of
Directors of these corporations,and of a Power of Attorney issued pursuant thereto,are true and correct,and that both the
By-Laws, the Resolution and the Power of Attorney are still in full force and effect.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of said corporation
this 27th day of October 19 92
SAFECO INSURANCE COMPANY OF AMERICA
GENERAL INSURANCE COMPANY OF AMERICA
FIRST NATIONAL INSURANCE COMPANY OF AMERICA
D(') HOME OFFICE: SAFECO PLAZA
SEATTLE, WASHINGTON 98185
ACKNOWLEDGMENT BY SURETY
STATE OF MISSOURI
ss.
County of S T LOUTS
On this 27th day of October 1992 , before me personally
appeared Neva A. McCloud , known to me to be the Attorney-in-Fact of
SAFECO INSURANCE COMPANY OF AMERICA, GENERAL INSURANCE COMPANY OF AMERICA, FIRST
NATIONAL INSURANCE COMPANY OF AMERICA or SAFECO NATIONAL INSURANCE COMPANY, the corporation
that executed the within instrument, and acknowledged to me that such corporation executed the same.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in the aforesaid County,
the day and year in this certificate first above written.
,�� -
Notary Public in the State of
(Seal) County of PATR`.C;A L. FIELDS
NOTARY FIJAIC, STATE OF MISSOURI
COUNTY OF ST. LOUIS
MY.COMMISSION EXPIRES MAR. 20, 1996
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0 Registered trademark of SAFECO Corporation.
PRINTED IN U.S.A.
S-230/EP 5/91