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Concessionaires BondHerd The Hertz Corporation 225 Brae Boulevard, Park Ridge, NJ 07656 June 22, 2006 Send via DHL Mr. Peter Horton Airport Manager Key West International Airport 3491 S. Roosevelt Blvd. Key West, FL 33040 RE: Lease Extension Agreement Safeco Insurance Company of America bond #6319949 Dear Mr. Horton: Please find enclosed the Continuation Certificate to the above -captioned Safeco bond that extends the bond term to April 20, 2007. Should you have any questions about this matter, please contact me at 201-307-2474 or ldravinna hertz.com. cc: Mark McBee /ld Enclosure g�el � CC '�+ t� Sincerely, f� t in Paralegal Hertz rents Fords and other fine cars. CONTINUATION SAFECO INSURANCE COMPANY OF AMERICA CERTIFICATE GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA SAFECO' HOME OFFICE. SAFECO PLAZA SAFECO INSURANCE COMPANY OF AMERICA I certain Bond No. 6319949 dated effective 4/21/04 (MONTH -DAY -YEAR) on behalf of THE HERTZ CORPORATION (PRINCIPAL) and in favor of BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY (OBLIGEE) hereby continue said bond in force for the further period beginning on 4/20/2006 (MONTH -DAY -YEAR) and ending on 4/20/2007 (MONTH -DAY -YEAR) Amount of bond Twenty Five Thousand and 00/100 Description of bond Concessionaire's Bond premium: $ 375.00 , Surety upon PROVIDED: That this continuation certificate does not create a new obligation and is executed upon the express condition and provision that the Surety's liability under said bond and this and all Continuation Certificates issued in connection therewith shall not be cumulative and that the said Surety's aggregate liability under said bond and this and all such Continuation Certificates on account of all defaults committed during the period (regardless of the number of years) said bond had been and shall be in force, shall not in any event exceed the amount of said bond as hereinbefore set forth. Signed and dated on (MONTH -DAY -YEAR) SAFECO INSURANCE COMPANY By r h i Halina Kazmierczak SEAL POWER OF ■ •-V KNOW ALL BY THESE PRESENTS: No. 7253 Safeco Insurance Company of America General Insurance Company of America Safeco Plaza Seattle, WA 98195 That SAFECO INSURANCE COMPANY OF AMERICA and GENERAL INSURANCE COMPANY OF AMERICA, each a Washington corporation, does each hereby appoint ****"BETTY CALDERON; VIV)AN CARTI; DEBRA A. DEMING; SANDRA DIAZ; EVANGELINA L. DOMINICK, CYNTHIA FARRELL; HALINA KAZMIERCZAK; ANNETTE M. LEUSCHNER; ELIZABETH MARRERO; ROBERT P. MCDONOUGH; GLENN PELLETIERE; THOMAS RHATIGAN; New York New York**""**""*"***'******************" its true and lawful attorney(s)min-fad, 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 20th day of March 2006 STEPHANIE DALEYW�ATSON.SECRETARY MIKE PETERS. PRESIDENT, SURETY 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 Presidem 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 titres 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, G) The provisions of Article V, Section 13 of the By -Laws, and A copy of the power-of-altomey appointment, executed pursuant thereto, and (III) Certifying that said power-of-attomey 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, Stephanie Daley -Watson , 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 pursuam 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 fauimils seal of said corporation �j "! S�0974/DS 4106 this 5th day of April 2006_ SEAL �` .�dlipltanu .!_J (`e/Li.Jr//�%a�.d�iiL� STEPHANIE DALEY-WATSON, SECRETARY a Safeco® and the Safew logo are registered trademarks of Waco Corporation. WEB PDF Safeco SAFECO INSURANCE COMPANY OF AMERICA FINANCIAL STATEMENT — DECEMBER 31, 2005 Assets Liabilities Cash and Bank Deposits ........................................ $ 84,906,669 Unearned Premiums.............................................. $ 711,109,820 *Bonds — U.S Government...........................................242,950,999 Reserve for Claims and Claims Expense...................1,620,267,753 Funds Held Under Reinsurance Treaties ................. 78,827 *Other Bonds........................................................... 2,682,145,557 Reserve for Dividends to Policyholders ............................... 854,045 *Stocks.................................................................... 428,624,237 Additional Statutory Reserve................................ _ Real Estate............................................................... 9,291,339 Reserve for Commissions, Taxes and Other Liabilities .............................................. _938,766,902 Agents' Balances or Uncollected Premiums ................. 629,634,432 Total........................................................... $3,271,077,347 Accrued Interest and Rents .................................... 40,360,895 Capital Stock............................. $ 5,000,000 Other Admitted Assets ........................................... 351,037,705 Paid in Surplus ................................ 240,451,979 Unassigned Surplus ................... . 952,422,507 Surplus to Policyholders .......................... 1,197,874.486 Total Admitted Assets ................................... 4.46R.957.R3- Total Liabilities and Surplus.............................. �.46N-95t-l377 ''�i� * Bonds are stated at amortized or investment value; Stocks at Association Market Values. of 4 Securities carried at $137,852,392 are deposited as required by law. SEt�.L I, MICHAEL C. PETERS, President, Surety, Safeco Insurance Company, do hereby certify that the foregoing is a true, and correct statement of the Assets and Liabilities of said Corporation, as of December 31, 2005, to the best of my knowledge and belief. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Corporation at Seattle, Washington, this Ist day of March, 2006. President, Surety S-1262a 3l06 Safeco and the Safeco logo are registered trademarks of Safeco Corporation The Hertz Corporation 225 Brae Boulevard, Park Ridge, NJ 07656 Phone: (201)307-2000 March 19, 2008 Send via DHL James R. Paros, Director Florida Keys Marathon Airport 9400 Overseas Highway, Suite 200 Marathon, FL 33050 Dear Mr. Paros: Please find enclosed Travelers Casualty and Surety Company bond #105063935, which will replace the Safeco Insurance Company of America bond #6320078. The bond is in the amount of $25,000 and will remain in effect until (October 31, 2009. The bond will be renewed annually during the tern of the Lease and, Concession Agreement. cc: Mark McBee /ld Enclosure Very truly yours, Linda Dravin Paralegal MAR 2 0 2008 Hertz rents Fords and other fine Bond No. 105063935 Concessionaires Bond KNOW ALL MEN BY THESE PRESENTS, that We, THE HERTZ CORPORATION , as Principal, and Travelers Casualty and surety Company of America, licensed to do business in the State of FL , as Surety, are held and firmly bound unto MONROE COUNTY BOARD OF COUNTY COMMISSIONERS , as Obligee, in the penal sum of Twenty Five Thousand and 0o/1c0(S 25.000.00 ) lawful money of the United States of America, for the payment of which sum, well and truly to be made, the Principal and Surety do bind themselves, their heirs, executors, administrators, and successors and assigns, jointly and severally, firmly by these presents. TliE CONDITION OF 11118 OBLIGATION IS SUCH, that whereas the above bounden Principal has entered into a certain written Concession Agreement with the above name Obligm, effective th..e,,s 1st day of November , 2005 ndmi eternating the 31st day of October , 2010 , for a car rental concession at Florida Keys Marathon Airport , and more fully described in said Concession Agreement, a copy of which is at'ached, which Agreement is made a part hereof and incorporated herein by reference, except that nothing said therein shall alter, enlarge, expand or otherwiso modify the term of the bond as set out below. NOW, THEREFORE, if Principal, its executors, administrators, successors assigns shall promptly and faithfully perform the Concession Agreement, according to the terms, stipulations or rations thereof, then this obligation shall become null and void; otherwise to remain in full force and effect. This bond is executed by the Surety and accepted by the Obligee subject to the following express conditions: Notwithstanding the provisions of the Concession Agreement, the term of this bond shall apply from the 1st day Of August 1 2007 until the 3l st day of October , 2009 and maybe extended by the Surety by Continuation Certificate. This bond may be canceled by the Surety at any time provided notice is sent to the Obligee by Certified Mail at least sixty (60) days prior to the effective date of such cancellation. However, neither cancellation or nonrenewal by the Surety, nor failure or inability of the Principal to file a replacement bond in the event of cancellation or nomenewal by the Surety, shall itself constitute a loss to the Obligee recoverable under this bond or any renewal or continuation thereof The liability of the Surety under ithis bond and all continuation certificates issued in connection therewith shall not be cumulative and shall in no event exceed the amount as set forth in Ibis bond or in any additions, riders, or endorsements properly issued by the Surety as supplements thereto. Sealed with our hands and dated this 13th day of —v (W itneaa) Agreed and acknowledged this day of March ,2008 TH ERT R ORATO' Travelers CaauYlty said surety Company of Agl/rica Haling Kazmler zap (Aitamy-In-Fact) (wimm) (obssa) ,01k POWER OF ATTORNEY TRAVELERS J Farmington Casualty Company Fidelity and Guaranty Insurance Company Fidelity and Guaranty Insurance Underwriters, Inc. Seaboard Surety Company St. Paul Fire and Marine Insurance Company Attorney -In Fact No. 2.18261 St. Paul Guardian Insurance Company St. Paul Mercury Insurance Company Travelers Casualty and Surety Company Travelers Casualty and Surety Company of America United States Fidelity and Guaranty Company Certificate N0.001881199 KNOW ALL MEN BY THESE PRESENTS: That Seaboard Surety Company is a corporation duly organized under the laws of the State of New York, that St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company and St. Paul Mercury Insurance Company are corporations duly organized under the laws of the State of Minnesota, that Farmington Casualty Company, Travelers Casualty and Surety Company, and Travelers Casualty and Surety Company of America are corporations duly organized under the laws of the State of Connecticut, that United States Fidelity and Guaranty Company is a corporation duly organized under the laws of the State of Maryland, that Fidelity and Guaranty Insurance Company is a corporation duly organized under the laws of the State of Iowa, and that Fidelity and Guaranty Insurance Underwriters, Inc. is a corporation duly organized under the laws of the State of Wisconsin (herein collectively called the "Companies"), and that the Companies do hereby make, constitute and appoint Robert McDonough, Glenn Pelletiere, Betty Calderon, Debra A. Deming, Vivian Carti, Halitja Kazoacrezak, Cynthia Farrell, Sandra Diaz, Elizabeth Marrero, Thomas Rhatigan, Evangelina L. Dominick, Annette Leuschtier, and Michael Kubis of the City of New York , State of New York , their true and lawful Attorney(s)-in-Pact, each in their separate capacity if more than one is named above, to sign, execute, seal and acknowledgeany and all bonds, recognizances, conditional undertakings and other writings obligatory in the nature thereof on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions or I proceedings allowed by law. 2nd IN WITNESS WHEREOF, the Compaair� have caused this instrument to be signed and their corporate seals to be hereto affixed, this February ZZUUUU day of Farmington Casualty Company St. Paul Guardian Insurance Company Fidelity and Guaranty Insurance Company St. Paul Mercury Insurance Company Fidelity and Guaranty Insurance Underwriters, Inc Travelers Casualty and Surety Company Seaboard Surety Company Travelers Casualty and Surety Company of America St. Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company Il351tiaaO c yoz,m ��'�f✓•;,.....-...sac.i- h xa.YO_ O�StSEAL",58ERY9Lalfq�':. '..(i927 `uP9`sN>RocPoifaOxxR. RD< g „0 NbF dNl State of Connecticut City of Hanford ss. By: � Georgg Thompson, enior ice Presidevr 2nd February 2007 , before me personally appeared George W. Thom son, who acknowledged himself On this the —day of P y PD g P g to be the Senior Vice President of Farmington Casualty Company, Fidelity and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters. Inc., Seaboard Surety Company, St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance Company, Travelers Casualty and Surety Company, Travelers Casualty and Surety Company of America, and United States Fidelity and Guaranty Company, and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. p,TET In Witness Whereof, 1 hereunto set my hand and official seal. � My Commission expires the 30th day of June, 201 I. * t0illLAG� Marie C Terreselt. Notary Public 58440-5-07 Printed in U.S.A. ATTORNEY 15 INVALID WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER This Power of Attorney is granted under and by the authority of the following resolutions adopted by the ;Boards of Directors of Farmington Casualty Company. Fidelity and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters, Inc., Seaboard Surety Company, St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance Company, Travelers Casualty and Surety Company, Travelers Casualty and Surety Company of America, and United States Fidelity and Guaranty Company, which resolutions are now in full force and effect, reading as follows: RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President, any Vice President any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary may appoint Attorneys -in -Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking, and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her: and it is FURTHER RESOLVED, that the Chairman, the President, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary: and it is FURTHER RESOLVED, that any bond, recognizance, contract of indemnity, or writing obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company when (a) signed by the President, any Vice Chairman, any Executive Vice President any Senior Vice President or any Vice President any Second Vice President, the Treasurer, any Assistant Treasurer, the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary: or (b) duly executed (under seal, if required) by one or more Attorneys -in -Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority: and it is FURTHER RESOLVED, that the signature of each of the fallowing officers: President any Executive Vice President, any Senior Vice President, any Vice President, any Assistant Vice President any Secretary, any Assistant Secretary, and the seal of the Company may be affixed by facsimile to any power of attorney or to any certificate relating thereto appointing Resident Vice Presidents, Resident Assistant Secretaries or Attomeys-in-Fact for purposes only of executing and attesting bands and undertakings and other writings obligatory in the nature thereof, and any such power of attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respect to any bond or understanding to which it is attached. 1, Kori M. Johanson, the undersigned, Assistant Secretary, of Farmington Casualty Company, Fidelity and Guaranty Insurance Company, Fidelity and Guaranty Insurance Underwriters. Inc.. Seaboard Surety Company, St. Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Company, St. Paul Mercury Insurance Company, Travelers Casualty and Surety Company, Travelers Casualty and Sure,{, Company Qf Amerigay^+hnd United States' Fidelity and Guaranty Company do hereby certify that the above and foregoing is a true and correct copy of the Power gfYAttomeyvexeeuted by sa't`Csompanies, which is in full force and effect and has not been revoked. IN TESTIMONY WHEREOF, I have hereunto set my hand and.a$Uea the sFals of sald,,,Cxmpanies this %3 day of �2 . 20 08 Kori M. Johans Assistant Secretary NE I g +� X549 ANp Y 6b 11 COS,, 9m,� nf(, ronarg:r, mtSE ° �., A�;SSEL;' To verify the authenticity of this Power of Attorney, call 1-800-421-3880 or contact us at www.traveilersbond.com. Please refer to the Attomey-In-Fact number, the above -named individuals and the details of the bond to which the power is attached. WARNING: THIS POWER OF ATTORNEY IS INVALID WITHOUT UT THE RED BORDER TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA HARTFORD, CONNECTICUT M183 FINANCIAL STATEMENT AS OF DECEMBER 31, 2000 AS FILED IN THE STATE OF NEW YORX CAPITAL STOCK $ 5,D00,000 ASSETS -- --- LIABILITIES& SURPLUS CASH & INVESTED CASH IS 114,080,791 UNEARNED PREMIUMS $ 724 60(1.436 BONDS 2912,711,671 LOSSES 872,911.753 STOCK 14,805,186 LOSS ADJUSTMENT EXPENSES 128,786,164 INVESTMENT INCOME DUE. AND ACCRUED 34978.331 COMMISSIONS 28,073,926 PREMIUM BALANCES 166.157,298 TAXES. LICENSES ANC; PEES 21,233.762 REINSURANCE RECOVERABLE 3,964,977 OTHER EXPENSES 30,823,926 NET DE:FERREE TAX ASSf"T 42,798,290 DIVIDENDS 7,080.280 CEDED DEPOSIT ASSE'.1 6,134,622 CURRENTFEDERAL AND FOREIGN INCOME TAXES 38,726.832 STATE SURCHARGES RECEIVABLE 149A30 CEDED REINSURANCE': NET PREMIUMS PAYABLE (4,981,682i OTHER ASSETS 54,414,060) FUNDS HFLOUNDERPEiNSURANCE'TREATIES 99,064,332 AMOUNTS WITHHELD RETAINED BY COMPANY FOR OTHERS 39098.839 REMITTANCES AND ITEMS NOT ALLOCATED 60.285,233 PROVISION FOR REINSURANCE 0,389,561 PAYABLE TO PARENT'. SUBSIDIARIES&AF5I1-ATES 86,256.776 PAYABLE FOR SECURITIES 4,075,100 RETROACTIVE REINSURANCE RESERVE ASSUMED 20,845,771 OTHER ACCRUED EXPENSES AND LIABILITIES 119.334 TOTAL LIABILITIES S 2,1644276,332 CAPITAL STOCK S 6,t100.0W PAID IN SURPLUS 3(r3297,402 OTHER SURPLUS 817,840,802 TOTAL SURPLUS 1"0 POLICYHOLDERS $ 1,127,138.204 TOTAL ASSETS $ 3291 414,538 ' TOTAL LIABILITIES & SURPLUS $ 3,2411.414.536 STATE OF CONNECTICUT COUNTY OF HARTFORD }SS. CITY OF HARTFORD I LAWRENCE, A, SIUIA, BEING DULY SWORN, SAYS THAT HE IS CHIEF FINANCIAL OFFICER • TRAVELERS BOND & FINANCIAL PRODUCTS, OF TRAVELERS CASUALTY SURETY COMPANY OF AMERICA, AND THAT TO THE BEST OF HIS KNOWLEDGE AND BELIEF. THE FOREGOING IS A TRUE AND CORRECT STATEMENT OF THE FINANCIAL CONDITION OF SAID COMPANY AS OF THE 3"t DAY OF DECEMBER, 2006. SUBSCRISFD AND SWORN TO BEFORE ME THIS 29TH DAY OF tt4RQH,2(107 ¢10iAPY CHIEF Fi- ANCIAL O 69CER -TRAVELERS BGND & FINANCIAL I'RODuc TS NOTARYPUBLIC Anna IP. Nowik Notary Public My COMiIission Expires June 30, 2011