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2005-346
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2005-346
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Entry Properties
Last modified
8/11/2016 11:13:18 AM
Creation date
9/30/2015 9:20:11 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
10/11/2005
Control Number
2005-346A
Agenda Item Number
7.S.
Entity Name
Underground Utilities, Inc.
Subject
Fire Hydrant and 10 water service
Supplemental fields
SmeadsoftID
5233
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BK : 1959 PG : 1890 <br /> * * Old Republic Surety Company <br /> * OLD REPLBLIC 1025 South Semoran Blvd . , Suite 1085 , Winter Park , FL 32792 <br /> * * ( 800 )-277-2663 ) <br /> DATE : 10/ 13/ 05 <br /> 011.,t Re , ; . bloc Insurance Company ( Old Republic ) as agent for <br /> Old Republic Surety Company , Bituminous Casualty Corporation , and <br /> International Business & Mercantile REassurance Co . <br /> TO BE ATTACHED TO AND FORM PART OF CONTRACT BOND NUMBER : OCN558287 <br /> PRINCIPAL Underground Utilities , Inc . <br /> ORUGFF Indian River .oun� y Board of county commissioners <br /> RIDER - POLICYHOLDER DISCLOSURE <br /> NOTICE OF TERRORISM INSURANCE COVERAGE <br /> Rider has been provided to Principal and Obligee . <br /> Corerag : for acts of terroris r s included in the cautioned bond . You snould know that, effective Novemb• r 1' 6 . <br /> 2002 . under that bond , any losses caused by certified acts of . terrorism would be partially reimbursed by the <br /> Jr11ed States under a formula established by federal law Under this formula , the United States pays 901/- ` <br /> , Fred terrorism losses exceeding the statutorily established deductible paid by Old Republic . The estabt & lied <br /> 3r - ual deductibie is eaual to 7 ^/, of the prior years direct earned premium written by Old Republic for losses <br /> n : r ed n : ? OC :, t0 "/ kr log: , e > ncurred � n 2004 , and 151X for losses incurred in 2005 . Payment for <br /> a loss will not <br /> r :: eed the Emit of liability under this bond . This bond will not pay for any portion of certified terrorism loss beyond <br /> any applicable annual liability cap set forth in the Act. The terms of this rider do not provide coverage for any loss <br /> that would otherwise be excluded by the terms of this bond . <br /> %, s Definer; ! n Sectior ? 02 ( 1 ) of the Terrorism Risk Insurance Act of 2002 , a certified " act of terrorism " mean <br />s any <br /> a . t that ic cert , fied ov the Secretary of the Treasury in concurrence with the Secretary of State and the Atte ,ney <br /> ener�, , ` ! rip linite ;i ^ t ; , fes In be an act of terrr) nsm To be certified , the act of terrorism must be . 1 <br />) a violent <br /> 3c � or ae. ac ' I .lat is ri .3ngeroi : s tc human life , property or infrastructure , 2 ) have resulted in damage within <br /> the <br /> Jr. ted Slatrs r: : rias de the IJnited,States in the case of an air carrier or vessel , or the premises of a United <br /> Mates 7i ssion . end 31 have ., een committed by an individual or individuals acting on behalf of any foreign person <br /> or foreign interest, as part of an effort to coerce the civilian population of the United States or to influence the <br /> policy or affect the conduct of the United States Government by coercion . <br /> You have a right to purchase insurance coverage for losses arising from terrorism, or you may choose to refect <br /> the purchase <br /> SELECTION OR REJECTION OF TERRORISM INSURANCE COVERAGE <br /> The premum you have been charged for this bond includes terrorism coverage , for a premium of $ T , 00 <br /> ,which you must pay within 30 days of this offer . THE PREMIUM CHARGED FOR THIS COVERAGE DOES NOT <br /> INCLUDE ANY CHARGES FOR THE PORTION OF LOSS COVERED BY THE FEDERAL GOVERNMENT UNOEr2 <br /> THE ACT . <br /> Note : If you reject the coverage , you must check the box below, sign this form and return it to the <br /> address shown above . The premium will be credited . <br /> 1 hereby elect to have the exclusion of terrorism coverage apply to this bond . I understand that I will have no <br /> coverage for losses arising from acts of terrorism <br /> The undersigned agrees that this election will apply only to this bond . <br /> James E . Lee Bond bligee ' s Signature <br /> Vice President - Ofd Republic Insurance Company Lam^ .C, Regeol � — � .. <br /> President - Old Republic Surety Company Print Name <br /> Vice President - Bituminous Casualty Corporation <br /> Vice President - International Business & Mercantile _ 1d /3 ' a � <br /> REassurance Co . Date <br /> ORSC 22836 ( 1 /2003 ) Attach to all contract bonds as a cover page . A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J. K. BARTON, CLERK <br />
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