2018 Verizon Wireless Bondverizon/
15505 Sand Canyon Avenue, Irvine, CA 92618
NOTICE OF TRANSMITTAL
May 24, 2018
Gilbert Villalpando I Business Analyst
City Manager's Office
City of La Quinta
78495 Calle Tampico - La Quinta, CA 92253
Ph. 760.777.7094
Re: Certificate of Insurance
Reference
VZW Site name: Chihuahua
DOCUMENT Quantity Attn To:
Performance Gilbert
1 Bond Villalpando
Pursuant Section 12. (b) of the fully executed lease between The City of La Quinta and Verizon Wireless;
Please find one (1) performance bond for the City's review and Approval. If you should have any
questions please refer to Verizon's lease representative at Smartlink, Daneen Wilder (714) 936-1030.
Thank you,
Robert Howell, PMP
Verizon Wireless
So Cal Network Real Estate
15505 Sand Canyon Avenue, D1,
Irvine, California, 92618
RLI Insurance Company
Annually Renewable Performance Bond
BOND #CMS0328663
Premium: $113.00
KNOW ALL MEN BY THESE PRESENTS: That Cellco Partnership
(hereinafter called the Principal), and RLI Insurance Company (hereinafter called the Surety), are
held and firmly bound unto Citv of LA Ounita 78-495 Calle Tampico. LA Ounita. CA
92253 (hereinafter called the Obligee), in the penal sum of Fiftv Thousand and
NO/Cents Dollars ($50.000.00), the payment of which sum, well and truly to be made, the said
Principal and Surety bind themselves, and each of their heirs, administrators, executors, and
assigns, jointly and severally, firmly by these presents.
WHEREAS, the Principal and Obligee have entered into a written Agreement dated the 6 th day
of May, 2018, for a. land lease agreement of provertv located at 78106 Francis Hack Lane, La
Ouinta_ CA 92253
for a period of Five (5) vears which Agreement is hereby referred to and made a part hereof.
WHEREAS, the Obligee has agreed to accept a bond guaranteeing the performance of said
Agreement for a period of one year.
NOW, THEREFORE, THE CONDITIONS OF THE ABOVE OBLIGATION IS SUCH, that if
the Principal shall well and truly perform each and every obligation in said Agreement at the time
and in the manner specified during the term of this bond, and shall reimburse said Obligee for any
loss which said Obligee may sustain by reason of failure or default on the part of said Principal,
than this obligation shall be void, otherwise to remain in full force and effect.
PROVIDED, HOWEVER, That this bond is subject to the following conditions:,
1. This bond is for the term beginning 5I18118 and ending 5/18/19. The bond maybe
renewed for additional terms at the option of the surety, by continuation certificate
executed by the Surety. Neither non -renewal by the surety, nor failure, nor inability of
the Principal to file a replacement bond shall constitute a loss to the Obligee recoverable
under this bond.
2. In the event of default by the Principal, Obligee shall deliver to Surety by certified mail, a
written statement of the facts of such default, within thirty (3 0) days of the occurrence.
In the event of default, the Surety will have the right and opportunity, at its sole
discretion, to: a) cure the default; b) assume the remainder of the Agreement and to
perform or sublet same; c) or to tender to the Obligee funds sufficient to pay the cost of
completion less the balance of the Agreement price up to an amount not to exceed the
penal sum of the bond. In no event shall the Surety be liable for fines, penalties,
liquidated damages, or forfeitures assessed against the Principal.
3. No claim, action, suit or proceeding, except as hereinafter set forth, shall be had or
maintained against the Surety on this instrument unless same be brought or instituted
upon the Surety within one year from termination or expiration of the bond term.
4. No right of action shall accrue on this bond to or for the use of any person or corporation
other than the Obligee named herein or the heirs, executors, administrator or successors
of Obligee.
5. The aggregate liability of the surety is limited to the penal sum stated herein regardless of
the number or amount of claims brought against this bond and regardless of the number
of years this bond remains in force.
6. If any conflict or inconsistency exists between the Surety's obligations or undertakings as
described in this bond and as described in the underlying Agreement, then the terms of
this bond shall prevail.
7. This bond shall not bind the Surety unless the bond is accepted by the Obligee. If the
Obligee objects to any language contained herein, within 30 days of the date this bond is
signed and sealed by the Surety, Obligee shall return this bond, certified mail or express
courier, to the Surety at its address at:
RLI Surety
Attention: Joshua Malone
10000 Midlantic Drive, Mount Laurel, NJ 08054
Failure to return the bond as described above shall constitute Obligee's acceptance of the
terms and conditions herein.
Signed and sealed this 18`h day of May, 2018.
PRINCIPAL:
Cellco rsh' (seal)
(Name & Title)
-S--eKetl L AM � - Dfreclo r Ale f wflr/r
SURETY;
RL Insurance Company [� (seal)
r" ` �-�
Brittany D. Clavi , Attorney -in -Fact
S'FAI'E
OF Missouri
City of' St. Louis
ACKNOWLEDGMENT BY SURETY
} SS.
On this 18th day of May
appeared Brittany D. Clavin
RLI Insurance Company
2018
before me personally
known to me to be the Allorney-in-Fact of*
, the corporation
that executed the within instrument, and acknowledged to me that such corporation executed die same.
IN WITNESS WHEREOF, I have hereunto set my hand and Alixed my official seal, at my ollice in the aforesaid
County, tlic day and year in this cerlilicate first above written.
My Commission Expires: Tune 20.2018
(Seal) —
iN?issolSealNoStF,Vy
e of
5
Comyat. tomsi,if/
MCn,�-5679missl'7
mis0
y omsson P,.w Junc 20, 2018
1N, ]R . lu,�
JoAm . Frank
Notary Public in the State of Missouri
City of Sl. Louis
Commission # 14395672
S-0230/GEEF 2/98
POWER OF ATTORNEY
RLI Insurance Company
Contractors Bonding and Insurance Company
9025 N. Lindbergh Dr. Peoria, IL 61615
Phone: 800-645-2402 Bond No. CMS0328663
Know All Men by These Presents:
That this Power of Attorney is not valid or in effect unless attached to the bond which it authorizes, but may be detached by the
approving officer if desired.
That this Power of Attorney may be effective and given to either or both of RLI Insurance Company and Contractors Bonding and
Insurance Company, required for the applicable bond.
That RLI Insurance Company and/or Contractors Bonding and Insurance Company, each Illinois corporations (as applicable),
each authorized and licensed to do business in all states and the District of Columbia do hereby make, constitute and appoint:
Brittany D. Glavin in the City of St. Louis , State of Missouri
it's true and lawful Agent and Attorney in Fact, with full power and authority hereby conferred upon him/her to sign, execute,
acknowledge and deliver for and on its behalf as Surety, in general, any and all bonds and undertakings in an amount not to exceed
Twenty Five Million Dollars ($25,000,000) for any single obligation, and specifically for the following described bond.
Principal; Cellco Partnership
Obligee: City of La Quinta
RLI Insurance Company and Contractors Bonding and Insurance Company, as applicable, have each further certified that the
following is a true and exact copy of a Resolution adopted by the Board of Directors of each such corporation, and now in force,
to -wit:
"All bonds, policies, undertakings, Powers of Attorney or other obligations of the Corporation shall be executed in the
corporate name of the Corporation by the President, Secretary, any Assistant Secretary, Treasurer, or any Vice President,
or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any
Assistant Secretary, or the Treasurer may appoint Attorneys in Fact or Agents who shall have authority to issue bonds,
policies or undertakings in the name of the Corporation. The corporate seal is not necessary for the validity of any bonds,
policies, undertakings, Powers of Attorney or other obligations of the Corporation. The signature of any such officer and
the corporate seal may be printed by facsimile or other electronic image."
IN WITNESS WHEREOF, RLI Insurance Company and/or Contractors Bonding and Insurance Company, as applicable, have
caused these presents to be executed by its respective Vice President with its corporate seal affixed this 18th day of
Mav , 2018 „
_-,3•. ORq GAgT g4 �PPORgT .�Lt, =
SEAL.:;
State of Illinois l
} SS
Countyof Peoria J
On this 18th day of May 2018 _ before me, a Notary
Public, personally appeared artPPn VYD vls , who
being by me duly sworn, acknowledged tat he srgne3 the above Power of
Attorney as the aforesaid officer of the RLI Insurance Company and/or
Contractors Bonding and Insurance Company, and acknowledged said
instrument to be the voluntary act and deed of said corporation.
By t I' f !&A14", d,
Gretchen L. Johnigk q"L
GRETCHEN LJOHNIGK
NOT�PY
Pueuc "OFFICIAL SEAL"
srArEpF M Commission Expires ru_rr:aiS Y P
May 26, 2020
RLI Insurance Company
Contractors Bonding and Insurance Company
I r /-�I
Barton W. Davis Vice President
CERTIFICATE
1, the undersigned officer of RLI Insurance Company and/or
Contractors Bonding and Insurance Company, do hereby certify
that the attached Power of Attorney is in full force and effect and is
irrevocable; and furthermore. that the Resolution of the Company as
set forth in the Power of Attorney, is now in force. In testimony
whereof, I have hereunto set my hand and the seal of the RLI
Insurance Company and/or Contractors Bonding and Insurance
Company this 18th day of May , 2018 .
Notary Public RLI Insurance Company
Contractors Bonding and Insurance Company
By: 4d-
Jean M tephenson Corporate Secretary
AOOAI817