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HomeMy WebLinkAboutresolution.council.023-08RESOLUTION # Z~ (Series of 200s~ A RESOLUTION APPROVING A CONTRACT BETWEEN THE CITY OF ASPEN, COLORADO, AND ASPEN PLUMBING & HEATING COMPANY, INC. SETTING FORTH THE TERMS AND CONDITIONS REGARDING BOILER REPLACEMENT IN MAROLT RANCH HOUSING AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID CONTRACT WHEREAS, there has been submitted to the City Council a contract between the City of Aspen, Colorado, and Aspen Plumbing & Heating Company Inc., a copy of which contract is annexed hereto and made a part thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That the City Council of the City of Aspen hereby approves that contract between the City of Aspen, Colorado, and Aspen Plumbing & Heating Company Inc. regarding boiler replacement in Marolt Ranch Housing, a copy of which is annexed hereto and incorporated herein, and does hereby authorize the City Manager of the City of Aspen to execute said contract on behalf of the City of Aspen. ~ ~ S 7~ag Dated: „ ~- ~d~ Michael C. Irel~lnd, Mayor I, Kathryn S. Koch, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held March 24, 2008 K n S. och, City Clerk .~ - 6. The City shall pay to the Contractor in the manner and at such time as set forth in the General Conditions, unless modified by the Special Conditions, such amounts as required by the Documents. 7. This Contract for Construction shall be binding upon all parties hereto and their respective heirs, executors, administrators, successors, and assigns. Notwithstanding anything to the contrary contained herein or in the Contract Documents, this Contract for Construction shall be subject to the City of Aspen Procurement Code, Title 4 of the Municipal Code, including the approval requirements of Section 4-08-040. This agreement shall not be binding upon the City unless duly executed by the City Manager or the Mayor of the City of Aspen (or a duly authorized official in his/her absence) following a resolution of the Council of the City of Aspen authorizing the Mayor or City Manager (or a duly authorized official in his/her absence) to execute the same. 8. This agreement and all of the covenants hereof shall inure to the benefit of and be binding upon the City and the Contractor respectively and their agents, representatives, employees. Successors, assigns, and legal representatives. Neither the City nor the Contractor shall have the right to assign, transfer or sublet his or her interest or obligations hereunder without the written consent of the other party. 9. This agreement does not and shall not be deemed or construed to confer upon or grant to any third party or parties, except to parties to whom the Contractor or the City may assign this Contract For Construction in accordance with the specific written consent, any rights to claim damages or to bring suit, action or other proceeding against either the City or the Contractor because of any breach hereof or because of any of the terms, covenants, agreements or conditions herein contained. 10. No waiver of default by either party of any terms, covenants or conditions hereof to be performed, kept and observed by the other party shall be construed, or operate as, a waiver of any subsequent default of any of the terms, covenants or conditions herein contained, to be performed, kept and observed by the other party. 11. The parties agree that this Contract for Construction was made in accordance with the laws of the State of Colorado and shall be so construed. Venue is agreed to be kept exclusively in the courts of Pitkin County, Colorado. 12. In the event that legal action is necessary to enforce any of the provisions of this Contract for Construction, the prevailing party shall be entitled to its costs and reasonable attorney's fees. 13. This Contract for Construction was reviewed and accepted through the mutual efforts of the parties hereto, and the parties agree that no construction shall be made or presumption shall arise for or against either party based on any alleged unequal status of the parties in the negotiation, review or drafting of this Contract for Construction. 14. The undersigned representative of the Contractor, as an inducement to the City to execute this Contract for Construction, represents that he/she is an authorized representative of the Contractor for the purposes of executing this Contract for CCt-971.doc Page 2 "CCt Construction and that he/she has full and complete authority to enter into this Contract for Construction for the terms and conditions specified herein. IN WITNESS WHEREOF, the parties agree hereto have executed this Contract For Construction on the date first above written. ATTESTED BY: CITY EN, COLORADO RECOMMENDED O (APPROVAL: ' ~ EDepartment ASS~,r ATTESTED BY: Title: APPROVED AS TO FORM: By: ~d~l~Cl~L~ City-Atfr~~ CONTRACTOR: Aspen P~.xnrk4inRJ aard atin By: fO///~°~~~..Y~ Title: ~ a e ~ ~ ~ ~ y~~ Note: Certification of Incorporation shall be executed if Contractor is a Corporation. If a partnership, the Contract shall be signed by a Principal and indicate title. CC1-971.doc Page 3 "'CC1 CERTIFICATE OF INCORPORATION (To be completed if Contractor is a Corporation) STATE OF ~0 , SS. COUNTY OF l0.,\\Zk~ \ ) On this ~2_ day of t ~b~L\~~;~~\ , 2008, before me appeared n c ` 1 C~~~ `(~ . Jw\`Y-~'1 , to me personally known who, being by me first duly swo1rn, did say t at s/~ is _I ~tC4;~ ~_I~! of ~~ ~~~ \uw~'•;;.~~~_, ~. 19e c~'_ i v~c~ ~ ~,~„~ ~ and that the seal affixed to said instrument is a corpora eal of said corpo ation, and that said instrument was signed and sealed in behalf of said corporation by authority of its board of directors, and said deponent acknowledged said instrument to be the free act and deed of said corporation. WITNESS MY HAND AND NOTARIAL SEAL the day and year in this certificate first above written. NO T~~ .,.• . ~ "~~ ~0~9 ~ q LCD l.~ t'c(~ q,'•.,, l Notary Public z ~s v:,a ,~ ~z C~~~.~ ~Is~s Address ~1~1 ~~, My commission expires: ~~ j 1- Zo 10 Page 4 THE AMERICAN INSTITUTE OF ARCHITECTS AIA Document A312 BOND NO. 0004660 Performance Bond Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONTRACTOR (Name and Address): Aspen Plumbing & Heating Company 937 County Road 11 Carbondale, CO 81623 OWNER (Name and Address): The City of Aspen 130 S. Galena Aspen, CO 81611 SURETY (Name and Principal Place of Business): COMPANION PROPERTY AND CASUALTY 1~1SURANCE CO. 1301 HIGHTOWER TRAIL, SUITE 210 ATLANTA, GA 30350 CONSTRUCTION CONTRACT Date: March 10, 2008 Amount: $127,400.00 Description (Name and Location): Maroit Ranch Boiler Replacement BOND Date (Not earlier than Construction Contract Date): April 4, 2008 Amount: $127,400.00 Modifications to this Band: ^ None CONTRACTOR AS PRINCIPAL Company: (Corporate Seal) Aspen Plumbinfg &~Heating Company Signature: /~ ~~S Name and Title: (Any additional signatures appear on page 3) ® See Page 3 SURETY Company: (Corporate Seal) COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY 1 ,(~~ Signature: ~Or-aL~ ~~1' /~r'~v Name and Title: DONALD H. GIBBS ATTORNEY IN-FACT (FOR INFORMATION ONLY- Name, Address and Telephone: AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or other party): AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. •AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, DC 20006 A312-7984 1 THIRD PRINTING • MARCH 1987 1 The Contractor and the Surety, jointly and severally, bind themselves, their heirs, executors, administrators, successors and assigns to the Owner for the pertormance of the Construction Contract, which is incorporated herein by reference. 2 If the Contractor pertorms the Construction Contract, the Surety and the Contractor shall have no obligation under this Bond, except to participate in conferences as provided in Subparagraph 3.1. 3 If there is no Owner Default, the Surety's obligation under this bond shall arise after: 3.1 The Owner has notified the Contractor and the Surety at its address described in Paragraph 10 below that the Owner is wnsidertng declaring a Contractor Default and has requested and attempted to arrange a conference with the Contractor and the Surety to be held not later than fifteen days after receipt of such notice to discuss methods of performing the Construction Contract. If the Owner, the Contractor and the Surety agree, the Contractor shall be allowed areason- able time to perform the Construction Contract, but such an agreement shall not waive the Owner's right, if any, subsequently to declare a Contractor Default; and 3.2 The Owner has declared a Contractor Default and formally terminated the Contractor's right to complete the contract, Such Contractor Default shall not be declared earlier than twenty days after the Contractor and the Surety have received notice as provided in Subparagraph 3.1; and 3.3 The Owner has agreed to pay the Balance of the Contract Price to the Surety in accordance with the terms of the Construction Contrail or to a contractor selected to perform the Construction Contract in accordance with the terms of the contrail with the Owner. 4 When the Owner has satisfied the conditions of Paragraph 3, the Surety shall promptly and at the Surety's expense take one of the following actions. 4.1 Arrange for the Contractor, with consent of the Owner, to perform and complete fhe Construction Contract; or 4.2 Undertake to perform and complete the Construction Contrail itself, through its agents or through independent contractors; or 4.3 Obtain bids or negotiated proposals from qualified contractors acceptable to the owner Tor a contract for performance and completion of the Construction Contrail, arrange for a contract to be prepared for execution by the Owner and the contractor selected with the Owners concurrence, to be secured with performance and payment bonds executed by a qualified surety equivalent to the bonds issued on the Construction Contract, and pay to the Owner the amount of damages as described in Paragraph 6 in excess of the Balance of the Contract Price incurred by the Owner resulting from the Contractors default; or 4.4 Waive its right to perform and complete, arrange for completion, or obtain a new contractor and with reasonable promptness under the circumstances: 1 After investigation, determine the amount for which it may be liable to the Owner and, as soon as practicable after the amount is determined, tender payment therefor to the Owner; ar .2 Deny liability in whole or in part and notify the Owner citing reasons therefor. 5 If the Surety does not proceed as provided in Paragraph 4 with reasonable promptness, the Surety shall be deemed to be in default of this Bond fifteen days after receipt of an additional written notice from the Owner to the Surety demanding that the Surety perform its obligations under this Bond, and the Owner shall be entitled to enforce any remedy available to the Owner. If the Surety proceeds as provided in Subparagraph 4.4, and the Owner refuses the payment tendered or the Surety has denied liability, in whole or in part, whhout further notice the Owner shall be entitled to enforce any remedy available to the Owner. 8 After the Owner has terminated the Contractors right to complete the Construction Contrail, and if the Surety elects to act under Subparagraph 4.1, 4.2, or 4.3 above, then the responsibilities of the Surety to the Owner shall not be greater than those of the Contractor under the Construction Contract, and the responsibilities of the Owner to the Surety shall not be greater than those of the Owner under the Construcion Contract. To the limit of the amount of this Bond, but subject to commitment by the Owner of the Balance of the Contract Price to mitigation or costs and damages on the Construction Contract, the Surety is obligated without duplication for: 8.1 The responsibilities of the Contractor for correo- lion of defective work and completion of the Construc- lion ConUail; 8.2 Additional legal, design professional and delay costs resulting from the Contractor's Default, and re-suiting from the actions or failure to act of the Surety under Paragraph 4; and 8.3 Liquidated damages, or if no liquidated damages are specified in the Construction Contract, actual dam- ages caused by delayed performance or non-perfor- manse of the Contractor. 7. The Surety shall not be liable to the Owner or others for obligations of the Contractor that are unrelated to the Construction Contract, and the Balance of the Contract Price shall not be reduced or set off on account of any such unrelated obligations. No dght of action shall accrue on this Bond to any person or entity other than the Owner or its heirs, executors, administrators, or successors. 8. The Surety hereby waives notice of any change, includ- ing changes of time, to the Construction Contract or to related subcontracts, purchase orders and other obligations. 9. Any proceeding, legal or equitable, under this Bond may be instituted in any court of competent jurisdiction in the location in which the work or part of the work is located and shall be instituted within two years after Contractor Default or within two years after the Contractor ceased working or within two years after the Surety refuses or fails to perform its obligations under this Bond, whichever occurs first. If the provisions of this Paragraph are void or prohibited by law, the minimum period of AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, DC 20006 A312-1964 2 THIRD PRINTING • MARCH 1987 minimum period of limitation available to sureties as a defense in the jurisdiction of the suit shall be applicable. 10 Notice to the Surety, the Owner or the Contractor shall be mailed or delivered to the address shown on the signature page. 11 When this Bond has been furnished to comply with a statutory or other legal requirement in the location where the construction was to be performed, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions wnforming to such statutory or other legal requirement shall be deemed incorporated herein. The intent is that this Bond shall be construed as a statutory bond and not as a common law bond. 12 DEFINITIONS 12.1 Balance of the Contract Price: The total amount payable by the Owner to the Contractor under the Construction Contract after all proper adjustments have been made, including allowance to the Contractor of any amounts received or to be MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: received by the Owner in settlement of insurance or other claims fog damages to which the Contractor is entitled, reduced by all valid and proper payments made to or on behalf of the Contractor under the Construction Contract. 12.2 Construction Contract: The agreement between the Owner and the Contractor identified on the signature page, including all Contract Documents and changes thereto. 12.3 Contractor Default: Failure of the Contractor, which has neither been remedied nor waived, to per- form or otherwise to wmply with the terms of the Construction Contract. 12.4 Owner Default: Failure of the Owner, which has neither been remedied nor waived, to pay the Contractor as required by the Construction Contract or to perform and complete or comply with the other terms thereof. Notwithstanding any language to the contrary in this bond, the related contract documents or referenced statutes, increases in the contract amount and/or any increases in the penal sum, herein, shall be limited to 15% of the initial contract price, both singly and in the aggregate, without the express written consent of surety. And, any refusal by surety to provide such consent shall not be considered as a default by surety or principal in the bonds or the contract. Surety's liability under this bond is limited as it pertains to any express or implied warranty provisions to which Principal is obligated, by contract and/or statute, to a period of two years after subject work is performed. • See Maintenance Bond attached and incorporated herein by reference. (Space is provided below for additional signatures of added parties, other than those appearing on the cover page.) CONTRACTOR AS PRINCIPAL SURETY Company: (Corporate Seal) Company: (Corporate Seal) Signature: ~~L•Yi' A , ~ Signature: Name and Title: Name and Title: Address: Address: AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND .DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, DC 20006 A312-1984 3 THIRD PRINTING • MARCH 1987 COMPANION PROPERTY AND CAUSUALTY INSURANCE COMPANY Surely'sName MAINTENANCE BOND Bond No. 0004660 ASPEN PLUMBING & HEATING COMPANY KNOW ALL MEN BY THESE PRESENT, That we, pdncipei's Name 937 COUNTY ROAD 11 CARBONDALE, CO 81623 ,hereinafter called Principal, and Pdnclpal's Address -~ COMPANION PROPERTYAND CAUSUALTY INSURANCE COMPANY 1301 HIGHTOWER TRAIL SUITE 210 , Surety's Name ~ Surety's Address hereinafter called Surety, are held and firmly bound unto: THE CITY OF ASPEN , Obligee's Name 130 S. GALENA ASPEN, COLORADO 81623 ,hereinafter called Obligee, In uuuyee s rw~,~~ the full and Just sum of ONE HUNDRED TWENTY SEVEN THOUSAND FOUR HUNDRED "****""""'*"""`*'*"""* Dollars ($ "*127 400'*' ), lawful money of the United States, for the payment of which we bind ourselves, our heirs, administrators, executors, successors and assigns, Jointly and severally, firmly by these presents. WHEREAS, said Obligee has entered into a certain agreement with THE ciTV OF ASPEN Owner's Name a portion of which requires a TWO year(s) maintenance bond covering workmanship and materials for the List of Improvements covered, hereinafter called Improvements, at MAROIT RANCH BOILER REPLACEMENT , Project Name which improvements have been or are about ProJecl Address to be completed and accepted. NOW, THEREFORE, if said Improvements shall be free from defects of workmanship and materials, general wear and sear excepted, for a period of TWO year(s) from the date of acceptance of said improvements, then this obligation shall be null and void; otherwise to remain in full force and effect. Signed, sealed and dated this aTH Witness as to Principal i ess a Sur y ~~ day of APRIL - 2008 ASPEN PLUMBING & HEATING COMPANY P "" cipai ma COMPANION PROPERTY AND CAUSUALTY INSURANCE COMPANY Surety's Name - DONALD H. GIBES ,Attorney in Fact ~' THE AMERICAN INSTITUTE OF ARCHITECTS BOND NO. 0004660 Payment Bond Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONTRACTOR (Name and Address): Aspen Plumbing & Heating Company 937 County Road 11 Carbondale, CO 81623 OWNER (Name and Address): The City of Aspen 130 S. Galena Aspen, CO 81611 CONSTRUCTION CONTRACT Date: March 10, 2008 Amount: $127,400.00 Description (Name and Location) SURETY (Name and Principal Place of Business): COMPANION PROPERTY AND CASUALTY INSURANCE CO. 1301 HIGHTOWER TRAIL, SUITE 210 ATLANTA, GA 30350 Maroit Ranch Boiler Replacement BOND Date (Not earlier than Construction Contract Date): April 4, 2008 Amount: $127,400.00 Modifications to this Bond: ^ None CONTRACTOR AS PRINCIPAL Company: (Corporate Seal) Aspen Plumbing~& Heating~C~ompany~~~ Signature: ~"~~%~f'w~s~~~%", `~ 1-~~' S and Title: (Any additional signatures appear on page 6) ® See Page 6 SURETY Company: (Corporate Seal) COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY Signature: ~~ r'd ~^"~ Name Name and Title DONALD H. GIBBS ATTORNEY-I N-FACT (FOR INFORMATION ONLY -Name, Address and Telephone) AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer or other parry): AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, DC 20006 A372-7984 4 THIRD PRINTING • MARCH 1987 1 The Contractor and the Surety, jointly and severally bind themselves, their heirs, executors, administrators, successors and assigns to the Owner to pay for labor, materials and equipment furnished for use in the performance of the Construction Contract, which is incorporated herein by reference. 2 With respect to the Owner, this obligation shall be null and void if the Contractor: 2.1 Promptly makes payment, directly or indirectly, for all sums due Claimants, and 2.2 Defends, indemnifies and holds harmless the Owner from claims, demands, liens or subs by any person or entity whose claim, demand, lien or suit is for the payment for labor, materials or equipment furnished for use in the performance of the Construction Contract, provided the Owner has promptly notified the Contractor and the Surety (at the address described in Paragraph 12) of any claims, demands, liens or suits and tendered defense of such claims, demands, liens or suits to the Contractor and the Surety, and provided there is no Owner Default. 3 With respect to Claimants, this obligation shall be null and void if the Contractor promptly makes payment, directly or indirectly, for all sums due. 4 The Surety shall have no obligation to Claimants under this Bond until: 4.1 Claimants who are employed by or have a direct contract with the Contractor have given notice to the Surety (at the address described in Paragraph 12) and sent a copy, or notice thereof, to the Owner, staling that a claim is being made under this Bond and, with substantial accuracy, the amount of the claim. 4.2 Claimants who do not have a direct contract with the Contractor: Have furnished written notice to the Contractor and sent a copy, or notice thereof, to the Owner, within 90 days after having last pertonned labor or last furnished matedals or equipment included in the claim stating, with substantial accuracy, the amount of the claim and the name of the party to whom the materials were furnished or supplied or for whom the labor was done or performed; and 2 Have either received a rejection in whole or in part from the Contractor, or not received within 30 days of furnishing the above notice any communication from the Contractor by which the Contractor has indicated the claim will be paid directly or indirectly; and B When the Claimant has satisfied the conditions of Paragraph 4, the Surety shall promptly and at the Surety's expense take the following actions: 6.1 Send an answer to the Claimant, with a copy to the Owner, within 45 days after receipt of the claim, stating the amounts that are undisputed and the basis for challenging any amounts that are disputed. 6.2 Pay or arrange for payment of any undisputed amounts. 7 The Surety's total obligation shall not exceed the amount of this Bond, and the amount of this Bond shall be credited for any payments made in good faith by the Surety. 8 Amounts owed by the Owner to the Contractor under the Construction Contrail shall be used for the performance of the Construction Contract and to satisfy claims, if any, under any Construction Performance Bond. By the Contractor furnishing and the Owner accepting this Bond, they agree that all funds earned by the Contractor in the performance of the Construction Contract are dedicated to satisfy obligations of the Contractor and the Surety under this Bond, subject to the Owner's priority to use the funds for the completion of the work. 9 The Surety shall not be liable to the Owner, Claimants or others for obligations of the Contractor that are unrelated to the Construction Contract. The Owner shall not be liable for payment of any costs or expenses of any Claimant under this Bond, and shall have under this Bond no obligations to make payments to, give notices on behalf of, or otherwise have obligations to Claimants under this Band. 10 The Surety hereby waives notice of any change, including changes of time, to the Construction Contract or to related subcontracts, purchase orders and other obligations. 11 No suit or action shall be commenced by a Claimant under this Bond other than in a court of competent judsdiction in the location in which the work or part of the work is located or after the expiration of one year from the date (1) on which the Claimant gave the notice required by Subparagraph 4.1 or Clause 4.2.3, or (2) on which the last labor or service was performed by anyone or the last materials or equipment were furnished by anyone under the Construction Contract, whichever of (1) or (2) first occurs. If the provisions of this Paragraph are void or prohibited by law, the minimum period of limitation available to sureties as a defense in the jurisdiction of the suit shall be applicable. 12 Notice to the Surety, the Owner or the Contractor shall be mailed or delivered to the address shown on the signature page. Actual receipt of notice by Surety, the Owner or the Contractor, however acwmplished, shall be sufficient compliance as of the date received at the address shown on the signature page. .3 Not having been paid within the above 30 days, have 13 When this Bond has been furnished to comply with a statutory or sent a written notice to Surely (at the address described other legal requirement in the location where the construction was to be in Paragraph 12) and sent a copy, or notice thereof, to performed, any provision in this Bond conflicting with said statutory or the Owner, stating that a claim is being made under this legal requirement shall be deemed deleted herefrom and provisions Bond and enclosing a copy of the previous written conforming to such statutory or other legal requirement shall be notice furnished to the Contractor. deemed incorporated herein. The intent is that this Bond shall be construed as a statutory bond and not as a common law bond. 5 If a notice required by Paragraph 4 is given by the Owner to the Contractor or to the Surety, that is sufficient compliance. AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, DC 20008 A312-1984 5 THIRD PRINTING • MARCH 1987 14 Upon request by any person or entity appearing to be a potential beneficiary of this Bond, the Contractor shall promptly furnish a copy of this Bond or shall permit a copy to be made. 15 DEFINITIONS 15.1 Claimant: An individual or entity having a direct contract with the Contractor or with a subcontractor of the Contractor to furnish labor, materials or equipment for use in the performance of the Contract. The intent of this Bond shalt be to include without limitation in the terms "labor, materials or equipment" that part of water, gas, power, light, heat, oil, gasoline, telephone service or rental equipment used in the Construction Contract, architectural and engineering services MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: required for performance of the work of the Contractor and the Contractor's subcontractors, and all other items for which a mechanic's lien may be asserted in the jurisdiction where the labor, materials or equipment. were furnished. 15.2 Construction Contract: The agreement between the Owner and the Contractor identifed on the signature page, including all Contract Documents and changes thereto. 15.3 Owner Default: Failure of the Owner, which has neither been remedied nor waived, to pay the Contractor as required by the Construction Contract or to perform and wmplete or comply with the other terms thereof. Notwithstanding any language to the contrary in this bond, the related contract documents or referenced statutes, increases in the contract amount and/or any increases in the penal sum, herein, shall be limited to 15% of the initial contract price, both singly and in the aggregate, without the express written consent of surety. And, any refusal by surety to provide such consent shall not be considered as a default by surety or principal in the bonds or the contract. Surety's liability under this bond is limited as it pertains to any express or implied warranty provisions to which Principal is obligated, by contract and/or statute, to a period of two years after subject work is performed • See Maintenance Bond attached and incorporated herein by reference. (Space is provided below for additional signatures of added parties, other than those appearing on the cover page.) CONTRACTOR AS PRINCIPAL Company: (Corporate Seal) Signature: Name and Title: Address: SURETY Company: Signature: Name and Address: (Corporate Seal) AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 7984 ED. •AIA cN THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W. WASHINGTON, DC 20006 A312-1984 6 THIRD PRINTING • MARCH 1987 _ , COMPANION PROPERTY AND CAUSUALTY INSURANCE COMPANY Surety'sName MAINTENANCE BOND Bond No. 0004660 ASPEN PLUMBING & HEATING COMPANY KNOW ALL MEN BY THESE PRESENT, That we, principal's Name 937 COUNTY ROAD 11 CARBONDALE, CO 81623 , hereinafter called Principal, and Pdndpal's Address - ` COMPANION PROPERTY AND CAUSUALTY INSURANCE COMPANY 1301 HIGHTOWER TRAIL SUITE 210 , Surety's Name SuretysAddress hereinafter called Surety, are held and firmly bound unto: THE CITY OF ASPEN , Obllgea's Name 130 S. GALENA ASPEN, COLORADO 81623 ,hereinafter called Obligee, In uuiiyee 5 rw,.,o,~ the full and just sum of ONE HUNDRED TWENTY SEVEN THOUSAND FOUR HUNDRED """"""""""""""""` Dollars ($ ***127400*** ), lawful money of the United States, for the payment of which we bind ourselves, our hefts, administrators, executors, successors and assigns, Jointly and severally, firmly by these presents. WHEREAS, said Obligee has entered into a certain agreement with THE CITY OF ASPEN Owner's Name a portbn of which requires a TWO year(s) maintenance bond covering workmanship and materials far the List of Improvements covered, hereinafter called Improvements, at MAROIT RANCH BOILER REPLACEMENT , Project Name :which Improvements have been or are about Project Address to be completed and accepted. NOW. THEREFORE, if said Improvements shall be free from defects of workmanshlp and materials, general wear and tear excepted, for a period of TWO year(s) from the date of acceptance of said improvements, then this obligation shall be null and void; otherwise fo remain in full force and effect. Signed, sealed and dated this 4TH day of APRIL 2008 Witness as to Principal ess as Suret ASPEN PLUMBING & HEAT IG COMP NY nn V t ma By: J COMPANION PROPERTY AND CAUSUALTY -.- INSURANCE COMPANY Surety/'s ,N(ame~ DONALD H. GIBBS ,Attorney in Fact COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY , P. O. Box 100165 (29202) 51 Clemson Road Columbia, SC 29229 GENERAL POWER OF ATTORNEY Know all men by these Presents, that the COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY had made, Constituted and appointed, and by these presents does make, Constitute and appoint Andrew C. Heaner of Atlanta, Georgia; Richard L. Shanahan of Atlanta, Georgia; Stefan E. Tauger of Parker, Colorado; Arthur S. Johnson of Atlanta, Georgia; Jessica B. Gardiner of Loganville, Georgia; Mary F. Holland of Chamblee, Georgia; James E. Feldner of West Lake, Ohio; Jeffery L. Booth of Pamta, Ohio; Cheryl L. Torso of Canton, Georgia; Garry W. Black of Murfreesboro, Tennessee; Martha G. Rbss of Charlotte, North Carolina; Lloyd Randall Deal, Kennesaw, Georgia; Donald J. Kersey, Birmingham, Alabama; David R. Brett of Columbia, South Carolina; or Donald H. Gibbs of Atlanta, Georgia, EACH as its true and lawful attorney for it and its name, place and stead to execute on behalf of the said company, as surety, bonds, undertakings and contracts of suretyship to be given to all obligees provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed in amount of the sum of $1,000,000 (One Million dollars). This Power of Attomey is granted and is signed and sealed by facsimile under and by the authority of the following Resolution adopted pursuant to due authorization- by the Executive Committee of the Board of Directors of the COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY on the 24 day of December 2003. RESOLVED, that the Chairman, President or any Vice President of the Company be, and that each or any of them hereby is, authorized to execute Powers of Attomey qualifying the attorney named in the given Power of Attorney to execute in behalf of the COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY bonds, undertakings and all contracts of suretyship; and that any Officer, Secretary or any Assistant Secretary be, and that each or any of them hereby is, authorized to attest the execution of any such Power of Attomey, and to attach thereto the seal of the Company. FURTHER RESOLVED, that the signature of such officers and the seal of the Company may be affuced to any such Power of Attomey or to any certificate relating thereto by facsimile, and any such Power of Attomey certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company when so affoted and in the future, with respect to any bond undertaking or contract of suretyship to which it is attached. In Wdness Whereof, the COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY has caused its official seal to be hereto affixed, and these presents to be signed by its President and attested by its Vice President this 1" day of June 2007. Attest: COMP P TY SUALTY INSURANCE////C~~IOlMPANY ~,L L/L~~ ~ >_-/_ z // Chades M. ~otok, ~residen Curtis C. Stewart, Vice President & CFO ,.~ 2.047 ,before me personally came the above named officers to me known, who being by me that they reside in Columbia, In the County of Richland, State of SC, at Columbia; that they are the President :OMPANION PROPERTY AND CASUALTY INSURANCE COMPANY, the corporation described in and which that they know the seal of the said corporation; that the seal affixed to the said inshument Is such corporate seal; ey signed their names thereto pursuant to due authorization. y Public, State of SC, Qualified in Richland County Commission Expires: ~Y COUNTY OF RICHLAND I, the undersigned, an Officer of COMPANION PROPERTY AND CASUALTY INSURANCE COMPANY, a South Carolina Corporation, DO Resolut on oiRhe Executive Committee dh Boaed of Di~ectorsttset forth n the Powelr of Attomeyas now neforoeoked; and, furthermore, that the Signed and sealed at the City of Columbia, Dated the 4_' day of Apr /, 2~8 ~_ Bond No. 0004660 Curtis C. Stewart, Vice President & CFO Revised: 6/1/2007 Number 9695