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HomeMy WebLinkAboutOFFICIAL BOND-.-.> 1 P V v rya s '!0,V 14 AM 1C IN THE SUPERIOR COURT OF THE STATE OF WASHINGTON IN AND FOR THE COUNTY OF JEFFERSON ELECTED OFFICIAL BONDS Case No: 07-2-00200-5 County Officials Bonds Extended to: December 31, 2025 Consent Agenda Commissioners Office JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST TO: Board of County Commissioners FROM: Adiel McKnight, Deputy Clerk of the Board DATE: November 12, 2024 SUBJECT: APPROVAL OF THE CONTINUATION OF THE JEFFERSON COUNTY PUBLIC OFFICIAL POSITION SCHEDULE BOND No. 52BSBHB6126; Issued by Hartford Fire Insurance Company for the Treasurer, Clerk, Sheriff, Auditor, Prosecuting Attorney, Engineer, Commissioners #1, #2 and #3, Judge and Assessor STATEMENT OF ISSUE: Pursuant to RCW 42.08.100 (Copy attached) the Board of County Commissioners shall approve the official bonds of all County and Township Officers, except the County Superintendent of Schools. ANALYSIS: Jefferson County holds a position schedule bond for eleven of its twelve Public Officials (Copy attached). A bond is not required for the Superior Court Judge. All other elected/appointed positions are covered under this bond. This bond is renewed annually and because of the type of bond, does not have to be cancelled and rewritten each time a new individual is elected or appointed to one of these positions. FISCAL IMPACT: The annual fee for renewing the bond is $1,387.00. RECOMMENDATION: Approve continuation and purchase of the public official position schedule bond #52BSBHB6126 December 31, 2024 through December 31, 2025. REVIEWED BY: �L Mark McCauley, Wnty Administrator r Dat Go� '� a 1119rmo RCW 42.08. too: Approval and fling. RCW 42.08.100 Approval and filing. The official bonds of officers shall be approved and filed as follows, to wit: The official bond of the secretary of state shall be approved by the governor and fled in the office of the state auditor. The official bonds of all other state officers required by law to give bonds, except as otherwise expressly provided by law, shall be approved by the governor and filed in the office of the secretary of state. The official bonds of all county and township officers, except the county superintendent of schools, shall be approved by the board of county commissioners, if in session, and if riot in session, by the chair of such board, and filed and recorded in the office of the county deck of their respective counties: PROVIDED, That the bond of the county dark shall be recorded in the office of the county auditor and filed in the office of the county treasurer. ( 2012 c 117 § 99; 1955 c 157 § 11. Prior 1890 p 35 § 5; RRS § 9934.1 NOTES: Contractor's bonds: Chapter 39.08 RCW. Official bonds --Payment of premiums: RCW 48.28.040. Surety insurance: Chapter 48.28 RCW. UL Continuation Certificate The Hartford Insurance Group Surety - Government, Federal and Public Official The Hartford Fire Insurance Company, (hereinafter called the Company), hereby continues in force its Bond No. 52BSBHB6126 in the sum of Three Hundred Seventy -Nine Thousand ($379,000.00) Dollars on behalf of Public Official Bond 621 Sheridan Street, Port Townsend, WA 98368 infavorof Jefferson County for the (extended) term beginning on December 31, 2024 and ending on December 31, 2025. subject to all the covenants and conditions of said Bond, said Bond and this and all continuations thereof being one continuous contract. This Continuation is executed upon the express condition that the Company's liability under said Bond and this and all continuations thereof shall not be cumulative and shall in no event exceed the sum of Three Hundred Seventy -Nine Thousand ($379,000.00) Dollars. IN WITNESS THEREOF, the Company has caused this instrument to be signed by its officers proper for the purpose and its corporate seal to be hereto affixed on October 9, 2024 . Hartford Fire Insurance Company By. o le L LaPierre Attor ey tinA • j ♦ a..1 O J'. '�=4tATfU,.r Direct Inquiries, Bond Authenticity and Claims to: POWER OF ATTORNEY O One O Hartford, Connecticut 06155 Bond. C Iaims0thehartford.com call: 888-266-3488 or fax: 860-757-5835 KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Name: AJ GALLAGHER RSK MGMT SVCS LLC Agency Code: 52-811535 ❑X Hartford Fire Insurance Company, a corporation duly organized under the laws of the State of Connecticut ❑ Hartford Casualty Insurance Company, a corporation duly organized under the laws of the State of Indiana ❑ Hartford Accident and Indemnity Company, a corporation duly organized under the laws of the State of Connecticut ❑ Hartford Insurance Company of the Midwest, a corporation duly organized under the laws of the State of Indiana having their home office in Hartford, Connecticut (hereinafter collectively referred to as the "Companies") do hereby make, constitute and appoint Joelle L LaPierre of Lake Mary, Florida, its true and lawful Attorney -in -Fact, to sign its name as surety(ies) only as delineated above by, and to execute, seal and acknowledge the following bond, undertaking, contract or written instrument: Bond No. 52BSBHB6126 Naming Public Official Bond as Principal, and Jefferson County as Obligee, in the amount of See Bond Form(s) on behalf of Company in its 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 proceedings allowed by law. In Witness Whereof, and as authorized by a Resolution of the Board of Directors of the Companies on May 23, 2016 the Companies have caused these presents to be signed by its Assistant Vice President and its corporate seals to be hereto affixed, duly attested by its Assistant Secretary. Further, pursuant to Resolution of the Board of Directors of the Companies, the Companies hereby unambiguously affirm that they are and will be bound by any mechanically applied signatures applied to this Power of Attorney. F�BE 1NS "'�iiviirs�'•,, moo` o,� CORP. � O� •.>Z8 `o -�,�OAPOMTp� s�fei � 9 � -```f„COPPONATpO INOfAAA ; b,t979Ali Wt♦♦�+ ,le t,iii+"',`ORPRRPTEO 9 ff if f�l+0 Phyllis A. Clark, Assistant Secretary STATE OF FLORIDA SS. Lake Mary COUNTY OF SEMINOLE Joelle L. LaPierre, Assistant Vice President On this 1st day of March, 2024, before me personally came Joelle L. LaPierre, to me known, who being by me duly sworn, did depose and say: that (s)he resides in Seminole County, State of Florida that (s)he is the Assistant Vice President of the Companies, the corporations described in and which executed the above instrument; that (s)he knows the seals of the said corporations; that the seals affixed to the said instrument are such corporate seals; that they were so affixed by authority of the Boards of Directors of said corporations and that (s)he signed his/her name thereto by like authority. Mariluz Arce 4 it gi`y My Commission HH 287363 " Expires July 13, 2026 I, the undersigned, Assistant Vice President of the Companies, DO HEREBY CERTIFY that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies, which is still in full force effective as of October 9, 2024. Signed and sealed in Lake Mary, Florida. 'F�4E INS a, �11INB�',,, > + C 4 r OOM1rORAt •' O 'sue C,mob• ' GOBPORAr ep -6•r�; %�•• fNOUAA :`a, 's ,3•,_ 1979 05 SE "Mry,R�+`♦� ``\` POP.iEO Keith D. Dozois, Assistant Vice President Revised: July 31, 2024 I'e"o i lAcyl* RETURN ADDRESS Jefferson County Commissioners EA. Box 1220 Port Town.+cn& WA 98368 Please print Heady or type information it I 596165 PGS 3 „ MISC , RS Jofferson Canty IM AWttar's of rice - Rota Am Carroll. Audi to- 11111M LWAI tiil"bb gill 2116 NOV - I PM 4- 27 IN SUPERIOR COUR I JEFFERSON COUNTY CIERV ©`1--a-CD — 5 REFERENCE NUMBER (S) OF RELATED DOCUMENTS Additional Reference Vs an vw GRANTOR (S) (Last, First and Middle Initial) HzffoW Fire Insuarm Company niy Additional arantor on tune GRANTEE (S) (last, First and Middle Initial) Jefferson County Additional arantee on naae LEGAL DESCRIPTION (Abbreviated form. i.e. lot, stock, plat or section. township, range. quarter/quarter) Additional lettal on oaae ASSESSOR'S PROPERTY TAX PARCEL/ACCOUNT NUMBER Additional parcel Ws on page The Auditor/Recorder will rely on the information provided on this form. The staff will not read the document to verify the accuracy or completeness of the indexing information provided herein. E E PUBLIC OFFICIAL POSITION SCHEDULE BOND NUMBER 529SBHB6126 KNOW ALL MEN BY THESE PRESENTS, that the undmigoied Surety. a Connecticut corporation, is held and firmly bound untD Cmvirty as Obligee, in the penal sum equal to the aggregate of the amounts so opposite the positions listed in the attached Schedule, as Principals, or added thereto by acceptance as hereinafter ad forth, for the payment of which the Surety binds, belt its successors and assigns, firmly by these presents. Wberess, the persons in the positions listed in the Schedule have been elected or appointed by the Obligee and have been required to file bond conditioned as follows. The condition of this obligation is such Vw if each person irk the positions listed in the Schedule of added thereto shall save and keep harmless and indemnify the Obligee from all actions, suits, cogs, damages, loss and expense by mwm of malfeasance or nonfeasance in the bithful performance of their public duties, dm this obligation is to be void, otherwise to remain in full fora and affect, Mkied to the following conditions. The liability of the Surety for each position in the Schedde, or added thereto, will not exceed the amount set opposite On position as applicable to each person in that poskm- 2. if the Obligee requests the Surety to add to the Schedule my position not already shown therein, or adjust the number of persons *own in that position, or any other change, WW the Surety agrees to do so, due Surety will add the position or dred die chap in the Schedule by written acceptance setting forth the applicable penal arnourd or other relevant change and effective date of suretyship. 3. Either the Obligee or Surety may cancel this bond as an catiretY or as to any Person Or position in the Schedule by written notice served Won or sent by certified mad to the other, specifying the cancellation effective dide, but not less than 30 days after the receipt of such notice This bond gall apply to all am of the principals in the perfixtrumcc of their public duties for an term of office beginning on jiuseary 1. 201b. and ending on December 31, ZM16 volim ruwww by continuati" Vatiamte, SIGNED, SEALED AND DATED this jamory 1. 2016 Surety: Hartford Fire Insurance Company Gui4a McClain, Aft-ria •117 n PUBLIC OFFICIAL POSITION SCHEDULE BOND NUMBER MBHB6126 Attacbed to and Forming Part of Bond No. 52 SSIM126 Employer; Jefferson County, WA Bond No. 52BSBH96126 Effective: January 1, 2016 Position t Number In Position Amount Per Person Total Agpvgatt per Position Treasurer 1 $ 1%000,00 5 150,000.00 Clerk 1 $ 100,000-00 $ 100,000.00 _ Sheriff 1 $ 5.000.00 S SAW.00 Auditor i S 50.000.00 S $0,00000 Prosecut' Attorney 1 S .00 S 5.000-OD Engineer 1 $ 20 .00 5 S 20.000-00 15,000.00 Commissioner01 1 S 15,00000 Commissiorw #2 1 S 15,000.00 S 15.000AO Commissioner 03 — 1 S 15.000.00 $ i5,000.00 J e 1 S 3.000 00 S 3,000 00 _ _ _._ Assessor - 1 S 1,000 00 S 2,000.00 Total: v i $ 379,000.00� Hartford Fire Ins ranee Company a McClain, Attorney -in -Fact Gallagher Insurance ? Risk Management I Consulting Carrier Ratings A.M. Best's Rating & Financial Proposed Insurance Companies Size Category Hartford Fire Insurance Company A+, XV 06/18/2024 *Gallagher companies use A.M. Best rated insurers and the rating listed above was verified on the date the proposal document was created. Best's Credit RatingsTm reproduced herein appear under license from A.M. Best and do not constitute, either expressly or impliedly, an endorsement of Gallagher's service or its recommendations. A.M. Best is not responsible for transcription errors made in presenting Best's Credit RatingsTM. Best's Credit RatingsTm are proprietary and may not be reproduced or distributed without the express written permission of A.M. Best. A Best's Financial Strength Rating is an independent opinion of an insurer's financial strength and ability to meet its ongoing insurance policy and contract obligations. It is not a warranty of a company's financial strength and ability to meet its obligations to policyholders. Best's Credit RatingsTm are under continuous review and subject to change and/or affirmation. For the latest Best's Credit RatingsTm and Guide to Best's Credit Ratings, visit the A.M. Best website at http://www.ambest.com/ratings. Gallagher companies make no representations and warranties concerning the solvency of any carrier, nor does it make any representation or warranty concerning the rating of the carrier which may change. 46) Gallagher Insurance I Risk Management ment f Consulting Important Disclosures IMPORTANT: The proposal and/or any executive summaries outline certain terms and conditions of the surety program proposed by the insurers, based on the information provided by your company. We make no warranties with respect to policy limits or coverage considerations of the carrier. Compensation Disclosure 1. Gallagher Companies are primarily compensated from the usual and customary commissions, fees or, where permitted, a combination of both, for brokerage and servicing of insurance policies, annuity contracts, guarantee contracts and surety bonds (collectively "insurance coverages") handled for a client's account, which may vary based on market conditions and the insurance product placed for the client. 2. In placing, renewing, consulting on or servicing your insurance coverages, Gallagher companies may participate in contingent and supplemental commission arrangements with intermediaries and insurance companies that provide for additional compensation if certain underwriting, profitability, volume or retention goals are achieved. Such goals are typically based on the total amount of certain insurance coverages placed by Gallagher with the insurance company, not on an individual policy basis. As a result, Gallagher may be considered to have an incentive to place your insurance coverages with a particular insurance company. If you do not wish to have your commercial insurance placement included in consideration for additional compensation, contact your producer or service team for an Opt -out form. 3. Gallagher Companies may receive investment income on fiduciary funds temporarily held by them, or from obtaining or generating premium finance quotes, unless prohibited by law. 4. Gallagher Companies may also access or have an ownership interest in other facilities, including wholesalers, reinsurance intermediaries, captive managers, underwriting managers and others that act as intermediaries for both Gallagher and other brokers in the insurance marketplace some of which may earn and retain customary brokerage commission and fees for their work. If you have specific questions about any compensation received by Gallagher and its affiliates in relation to your insurance placements, please contact your Gallagher representative for more details.