Public Construction Bond ti
mimic CONSTRUCTION BOND
#71180639
BY THIS BOND, We SDI Solar, Inc. , as Principal
LOA Western Surety Company, a corporation, as Surety, are bound
IQ Monroe County Board of Commissioners , herein called Owner, in the sum of
$ 130,000.00 for payment of which we bind ourselves, or heirs, personal
representatives, successors, and assigns, jointly and severally.
THE CONDITION OF THIS BOND Is that If Principal:
1. Performs the contract dated , 2011 between
Principal and Owner for installajlon of solar water heaters the contract being made a
part of thls bond by reference, at the times and in the manner prescribed in the contract;
and
2. Promptly makes payment to all claimants, as defined In Section 255.05(1), Florida
Statutes, supplying Principal with labor, materials, or supplies, used directly or
indirectly by Principal in the prosecution of the work provided for In the contract and
3. Pays Owner all losses, damages, including damages for delay, expenses, costs, and attorney's
fees, Including appellate proceedings, that Owner sustains because of a default by Principal
under the contract; and
4. Performs the guarantee of all work and materials furnished under the contract for
the time specified in the contract, then this bond is void; otherwise it remains in full
force.
Any action Instituted by a claimant under this bond for payment must be in accordance with
the notice and time limitation provisions In Section 255.05(2), Florida Statues,
Any changes in or under the contract documents and compliance with any formalities
connected with the contract or the changes does not affect Surety's obligation under this bond.
DATED on November 14, 2011
NAME OF PRINCIPAL)
SDI Solar, Inc.
By:
Western Sure f
(AS ATTO ►- sy .'..,. • •
John D. Weisbrot r. E • F SUR ,
PUBLIC CONSTUCTiON BOND
Eure met
SECTION THREE Proposal Response Forms Page 7
POWER OF ATTORNE N o . S P-
43391909
( Irrevocable)
Know All Men by These Presents: • •
That this Power of Attomey is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving
officer if desired. That Western Surety Company, a corporation, does hereby make, constitute and appoint the following
TWO I 21 authorized individuals:
AUTHORIZED INDIVIDUALS
AUTHORIZED INDIVIDUALS
JOHN 0 WEISBROT PATRICIA A TINSMAN
P I P E R S V I L L E PENNSYLVANIA with limited authority, its true and
in the City of State of
lawful Attorney(s) in fact with full power and authority hereby conferred, to sign, execute, acknowledge and deliver for and on its behalf as Surety,
the following described bond:
ONE THERROBLIGATORY�INSTRUMENTOOFAACSIMILARANATUREBOINDAMOUNTSUNDERTAKING,
NOT
OR 0
EXCEEDING ONE MILLION AND NO /100 DOLLARS (**1,000,00
*************************************** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * **
*************************************** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * **
The acknowledgment and execution of such bond by the said Attorney in Fact shall be as binding upon this
Company as if such bond had been executed and acknowledged by the regularly elected officers of this Company.
All authority hereby conferred shall expire and terminate, without notice, unless used before midnight of
AUGUST 31 20 16 but until such time shall be irrevocable and in full force and effect.
WESTERN SURETY COMPANY further certifies that the following is a true and exact copy of Section 7 of the By -Laws of Western Surety Company, duly adopted and now
in force, to-wit "Section 7. All bonds, policies, undertakings, Powers of Attorney, or other obligations of the corporation shall be executed in the corporate name of the Company
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 undertaking s in the
name of the Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Attorney or other obligations of the corporation. The
signa ture: of any such officer and the corporate seal may be printed by facsimile."
The penal amount of the bond herein described may be increased if there is attached to this Power, written authority so authorizing in the form of an endorsement, letter or
telegram signed by the Underwriting Manager, Underwriting Consultant, Underwriting Specialist, Underwriter, President, Vice President, Assistant Vice President, Treasurer, Secretary
or Assistant Secretary of Western Surety Company specifically authorizing said increase.
Ili WITNESS wI-IERFOF, Western Surety Company has caused these presents to be executed by its Senior Vice President with its corporate seal affixed this
day of December 2006 WESTERN SURETY COMPANY
STATE OF SOUTH DAKOTA /r.Z By
ss.
Senior Vice Preside
COUNTY OF MINNEHAHA
On this 2006 , before me, a Notary Public, personally
11th day of December , in the year
appeared Paul T. Bmflat, who being by me duly sworn, acknowledged that he signed the above Power of Attorney as the aforesaid officer of WESTERN SURETY COMPANY and
acknowledged said instrument to be the voluntary act and deed of said corporation.
D.KRELL •
.-- /...Q . 71;r1bd-e
NOTARY PUBLIC � � A Notary Public, South Dakota
SOUTH DAKOTA _.�....�__.�._ ^v _�
My Commission Expires November 30, 2012
_Iva_
I, the undersigned officer of Westem Surety Company, a stock corporation of the State of South Dakota, do hereby certify that the attached Power of Atto�`y is la full
force and effect and is irrevocable; and furthermore, that Section 7 of the By -Laws of the company as set forth in the Power of Att to is now now in f rce. r � _F-
In testimony whereof, I have hereunto set my hand and the seal of Western Surety Company WsE S day S U R SURETY COMPANY
I *IMPORTANT: This date must be filled in before it is attached
to the bond and it must be the same date as the bond. By
Form 749- 12 -2006 Vice Preside
NOTICE This border must be BLUE. If it is not BLUE, this is not a certified copy. -%
WESTERN SURETY COMPANY
Sioux Falls, South Dakota
Statement of Condition and Affairs
December 31, 2010
ASSETS
$1,325,363,817
Bonds 21,890,144
Stocks 37,261,545
Cash and short-term investments 37,261,545
Uncollected premiums and agents' balances 65 3,292
, ,2
Amounts recoverable from reinsurers 2279
Funds held by or deposited with reinsured companies 22,838,236
12, 16
8,,036
3 18
Net deferred tax asset
Electronic data processing equipment and software ,331
Investment income due and accrued 7,802,571
Other assets $1,481,291,531
Total Assets
LIABILITIES AND SURPLUS
$255,341,187
Losses 77,225,536
Loss adjustment expense 7,
Contingent and other commissions payable 31,451,726
Other expense 2,
2,
Taxes, licenses and fees 1605,6
236,
Federal and foreign income taxes payable 9 ,771
Unearned premiums 19,299,69
Retroactive reinsurance reserve assumed 1 ,222,969
Other liabilities 6
Total Liabilities
Surplus Account: $4,000,000
Capital paid up
Gross paid in and contributed surplus 176,435,232
Unassigned funds 645.203.446
3
i +�•w3 414 regards policyholders $825,638,678
�, � �, . $1,481,291,531
Tot • Capital
civic, F. :::
IS ilip . Lundy, 6e President and Treasurer of Western Surety Company hereby certify that the
a •t• ° t, • • of the financial statement of the Company dated December 31, 2010, as filed with
th< # ®•.lp +. .i ` Departments and is a true and correct statement of the condition of Western Surety
Co • •x• •4l date.
Western Surety Company
KATHRYN J. SCHROEDER •
4""-• DAKOTA B
Vice Presi t, Treasurer
Subscribed and sworn to me this . 22nd day of February , 2011.
My commission expires: di/ _ „ I I ___
KATHRYN J. SCHROEDER Notary •
'ublic
My Commission Expires 7 -21 -2015