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BP-04-1307BUILDING PERMIT APPLICATION FBC 2001 Permit Type (circle): Owner's Name (Fee Simp e ° °' u _ o der) Owner's Address /1 30 A Cit Th. 5 ?D State Tenant/Lessee Name Job Address (where the work is being done) City Miami Shores Village Is Building Historically Designated Contractor's Company Name Contractor's Address 7 P'l't /Ad 04.. Cit co ld- ( LiQ State Qualifier D62\ 'Cr S '5Q {M1 $ Value of Work Ft* This Permit Type of Work: ❑ Audi Describe Work: Submittal F Cgde Enforct $ . Training/Education .Fee $ Miami Shores Village Building Department 10050 N.E.2nd Avenue, Miami Shores, Florida 33138 Tel: (305) 795.2204 Fax: (305) 756.8972 Building Electrical /ley ff. V �03 AK YES 3o bbb Permit Fee $ County Miami Dade Zip pit FL- * * ** * * * * * *, * * * * * * * * * * ** *F * * * * * * * * * * * * * * ** * * * * *,* ** * ** ** teration w ❑ Repair/Replace PCez c R.,(2_60-1 1)f N /L " ft) 5 LPG L trya - t 300 bi Notary $ Scanning $ -60 Radon Structural Plan Review. $ 4 iv Ot'al Fee Now Due $ (Co ntinued on opposite side) Zoning Zip 3 3 a I Phone # Zip 371341 Permit No. Master Permit No. 13(2 ' f/3 Plumbing Mechanical Roofm Phone # 1 519 - 36g 2E1 Phone # „ �z'.� ` <, it 5 —6 rl ' State Certificate or Registration No. Certificate of Competency No. Architect/Engineer's Name (if applicable) eLfi . Phone # 0.V Square Footage Of Work: L -5) Bond $ emolition CCF $ — - 7 CO/CC Technology Fee $ /( 570 Bonding Company's Name (if applicable) 1\1/1 Bonding Company's Address City State Zip Mortgage Lender's Name (if applicable) 0 Mortgage Lender's Address City State Zip Application is hereby made to obtain a permit to do the work and installations as indicated. I certify that no work or installation has commenced prior to the issuance of a permit and that all work will be performed to meet the standards of all laws regulating construction in this jurisdiction. I understand that a separate permit must be secured for ELECTRICAL WORK, PLUMBING, SIGNS, WELLS, POOLS, FURNACES, BOILERS, HEATERS, TANKS and AIR CONDITIONERS, ETC OWNER'S AFFIDAVIT: I certify that all the foregoing information is accurate and that all work will be done in compliance with all applicable laws regulating construction and zoning. "WARNING TO OWNER YOUR FAILURE TO RECORD A NOTICE OF COMMENCEMENT MAY RESULT IN YOUR PAYING TWICE FOR IMPROVEMENTS TO YOUR PROPERTY. IF YOU INTEND TO OBTAIN FINANCING, CONSULT WITH YOUR LENDER OR AN ATTORNEY BEFORE RECORDING YOUR NOTICE OF COMMENCEMENT." Notice to Applicant: As a condition to the issuance of a building permit with an estimated value exceeding $2500, the applicant must promise in good faith that a copy of the notice of commencement and construction lien law brochure will be delivered to the person whose property is subject to attachment. Also, a certified copy of the recorded notice of commencement must be posted at the job site for the first inspection which occurs seven (7) days after the building permit is issued In the absence of such posted notice, the inspection will not be approved and a reinspection fee will be charged. f ,fa eta-a 1 U !v &yeas 17 Signature Owner or Agent s ow V / Fence (.6.� Contractor The foregoing instrument was acknowledged before me this / The foregoing instrument was acknowledged before me this day of O Y , 20 of , by f a. �.0 L , day of , 20 , by - who is personally known to me or who has 6 roduced who is personally known to me or who has produced As identification and who did take an oath. as identification and who did take an oath. NOTARY P :. IC: Sign: Print: Cho 05/13/03 r.hnryl Saida Gerber My Commission Expires: • My Commission D13090832 APPLICATION APPROVED BY: Signature NOTARY PUBLIC: Sign: Print: My Commission Expires: * i Expires May 9®. 2908 ***************************************************************************** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** l d f 2-/0 4- 5 ; /'-4 iPians Examiner Engineer Zoning Miami Shores Village 10050 NE 2nd Avenue Phone: 305 - 795 -2204 Permit Number: BP2004 -1307 Printed: 10 /14/2004 Applicant: BARRY Owner: UNIVERSITY JOB ADDRESS: 140 N.W. 115 Contractor BEAUCHAMP CONSTRUCTION CO INC Contractor's Address: 247 MINORCA AVE Local Phone: 305 - 445 - 0819 Parcel # PARC2004 - 8 Legal Description: Fees: FEE2004 -10124 FEE2004 -10125 FEE2004 -10126 FEE2004 -10127 FEE2004 -10128 Description Building Fee Training and Education Fee Technology Fee Scanning Fee Structural Fee Total Fees: Amount $300.00 $6.00 $7.50 $60.00 $50.00 $423:50 Total Fees: $423.50 Total Receipts: $423.50 Cck`c Permit Status: APPLIED Permit Expiration: 3/30/2005 Construction Value: $30,000.00 Work: DIG AD PLACE REBAR FOR FOUNDATION. PLACE BLOCKS UP TO SLAB ELEVATION ONLY Signed: (INSPECTOR) Building Permit UNIVERSITY BARRY ST. Page 1 of 1 In consideration of the issuance to me of this permit, I agree to perform the work covered hereunder in compliance with all ordinances and regulations pertaining thereto and in strict conformity with the plans, drawings, statements or specifications submitted to the proper authorities of Miami Shores Village. In accepting this permit I assume responisibility for all work done by either myself, my agent, servants or employes. Signed: (Contractor or Builder) BY: 4 PREPARED BY/RETURN TO: MARK E. RAYMOND, ESQ. POST OFFICE BOX 3888 WEST PALM BEACH, FLORIDA 33402 STATE OF FLORIDA COUNTY OF MIAMI-DADE NOTICE OF COMMENCEMENT 1. Legal Description of property: Miami Shores, FL 33161 C:%DOCUMENTS AND SETTINGSTULLOAIMY DOCUNIENTS\CONSTRUfTION PROJECTSIRESIDENCE HALLSWOTICE OF CONS ENCEMENT1.DOC 1 111111 11111 1111 11111 11111 11111 11111 1111 1 111 CFN 200480870180 OR Bk 22706 Pss 2211 - 2227; (17pss RECORDED 10/05/2004 14:21:21 HARVEY RUVIN, CLERK OF COURT MIAMI -DADE COUNTY, FLORIDA THE UNDERSIGNED •hereby gives-notice :that improvements will be made to certain real property, and in accordance with Chapter 713, Florida Statutes, the following information is provided in this Notice of Commencement. This notice shall be of no force and effect if construction is not commenced within ninety (90) days of recordation. See Exhibit A Street Address of property: NW 115 Street Miami Shores FL 2. General description of improvements: Construction of 173 bed Student Residence Facility — Phase II, including utility distribution, parking, storm drainage, site lighting and landscaping. 3. Owner information a. Name and address: Barry University, Inc. Attn: Freddy Ulloa 11300 Northeast Second Avenue b. Interest in property: Fee simple c. Name and address of fee simple titleholder (if other than Owner): 4. Contractor: (name and address) Beauchamp Construction Company, Inc. 247 Minorca Avenue, Coral Gables, FL 33134 a. Phone No.: 305 -445 -0819 b. Fax Number: (Optional, if service by fax is acceptable) 5. Surety a. Name and address: St. Paul Travelers Property Casualty Group, 1000 Legion Place, Suite 1100, Orlando, FL 32801 -1026 b. Phone No.: 407 - 649 -2978 c. Fax Number: (Optional, if service by fax is acceptable) d. Amount of bond: $ 5,818,753 6. Lender: (name and address) Bank ofAmerica, N.A., 1111 East Main Street, 6th Floor, VA2- 300- 06 -17, Richmond, Virginia 23219 Attention: Ann M. Lewis a. Phone No.: 804-788 -2216 b. Fax Number: 804 - 788 -2248 (Optional, if service by fax is acceptable) 7. Persons within the State of Florida designated by Owner upon whom notices or other documents may be served as provided by Section 713.13(1)(a)7, Florida Statutes: (name and address) a. Phone No.: b. Fax Number: (Optional, if service by fax is acceptable) 8. In addition to himself, Owner designates Bank ofAmerica, N.A., 1111 East Main Street, 6th Floor, VA2- 300- 06 -17, Richmond, Virginia 23219 Attention: Ann M. Lewis and Frank G. Burt, Esq., Jorden Burt, LLP, 777 Brickell Avenue, Suite 500, Miami, FL 33131 to receive a copy of the Lienor's Notice as provided in Section 713.13(1)(b), Florida Statutes. a. Phone No.: 804 - 788 -2216 b. Fax Number: 804- 788 -2248 (Optional, if service by fax is acceptable) C: \DOCUMENTS AND SETTINGS \FULLOA \LOCAL SETTINGS \TEMPORAR ' INTERNET FILES \OLK2 \NOTICE OF COMMENCEMENT1.DOC 9. Expiration date of notice of commencement (the expiration date is 1 year from the date of recording unless a different date is specified) Cneryl Saida Gelber • My Commissian DD090832 aw� Expires May 08, 2008 OWNER: BARRY UNIVERSITY, s►. C Timothy Czerniec 1 Treasurer ATTACHMENTS: (check if applicable) X Legal Description, Exhibit "A" X Bond, Exhibit "B" (a copy of Bond, if any, must be attached) (MUST BE SIGNED BY OWNER. NO ONE ELSE PERMITTED TO SIGN) STATE OF FLORIDA COUNTY OF MIAMI -DADE The foregoing instrument was acknowledged before me this day of C,�7: , 2004, by Timothy Czerniec, who ✓is personally known to me, OR has produced as identification. NOTARY PUBLIC C73 cy � - `'.: L'7 GOO WE War C: \DOCUMENTS AND SETTINGS\ FULLOA\ LOCAL SETTINGS \TEMPORARy INTERNET FILES\OLK2\NOTICE OF COMMENCEMENT1.DOC EXHIBIT "A" REAL PROPERTY DESCRIPTION The SW '/ of the NE ' of Section 36, Township 52 South, Range 41 East, lying and being in Dade County, Florida. C: \DOCUMENTS AND SETTINGS\FULLOA \LOCAL SETTINGS\TEMPORAR INTERNET FILES\OLK2 \NOTICE OF COMMENCEMENTI.DOC C: \DOCUMENTS AND SETTINGS\FULLOA\LOCAL SETTINGS\TEMPORAI' INTERNET FILES\OLK2\N0TICE OF COMMENCEMENT1.DOC CONTRACTOR (Name and Address): Beauchamp Construction Co., Inc. 247 Minorca Ave. Coral Gables, FL 33134 OWNER (Name and Address): Barry University 11300 Northeast Second Ave. Miami Shores, FL 33161 CONTRACTOR AS PRINCIPAL Company: Beauchamp Construction Co., Inc. (Any additional signatures appear on page 3) THE AMERICAN INSTITUTE OF ARCHITECTS BOND NUMBER 104384766 AIA Document A312 Performance Bond Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONSTRUCTION CONTRACT Date: June 17, 2004 Amount $5,818,753.00 Description (Name and Location): Design /Build Barry University Student Residences -Phase II, Construction of a 172 -Bed Student Residence Facility, including Utility Distribution, Parking, Storm Drainage, Site Lighting and Landscaping, 11300 Northeast Second Avenue, Miami Shores, Florida BOND Date (Not earlier than Construction Contract Date): September 23, 2004 Amount $5,818,753.00 Modifications to this Bond: None (Corporate Seal) AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON. D.C. 20008 THIRD PRINTING • MARCH 1987 SURETY (Name and Principal Place of Business): Travelers Casualty and Surety Company of America One Tower Square Hartford, CT 06183 SURETY Company: (Corporate Seal) Travelers CasS,rdit}y1and Surety Company of America Signature: i , , ,G 1 Signature: Name and Title: Name and Title: C arles Ni Ison, Camay -in -Fact (FOR INFORMATION ONLY - Name, Address and Telephone) AGENT or BROKER: OWNER'S REPRESENTATIVE Architect, Engineer or Nielson, Alter & Associates other party): 5979 NW 151 St., Ste 105 Miami Lakes, FL 33014 305 -822 -7800 CLEDK \IN GOD Ve r osr y l �' ,,• ��' ,•• fr Cc None c�+ 12 -1984 1 1 The Contractor and the Surety, jointly and severally, bind themselves, their heirs, executors, administrators, successors and assigns to the Owner for the performance of the Construction Contract, which is incorporated herein by reference. 2 If the Contractor performs 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 considering 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 a reasonable 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 Contract or to a contractor selected to perform the Construction Contract in accordance with the terms of the contract 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 the Construction Contract; or 4.2 Undertake to perform and complete the Construction Contract itself, through its agents or through independent contractors; or 4.3 Obtain bids or negotiated proposals from qualified contractors acceptable to the Owner for a contract for performance and completion of the Construction Contract, arrange for a contract to be prepared for execution by the Owner and the contractor selected with the Owner's 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 Contractor's 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 AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA ® THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D.C. 20006 THIRD PRINTING • MARCH 1987 which it may be liable to the Owner and, as soon as practicable after the amount is determined, tender payment therefore to the Owner or .2 Deny liability in whole or in part and notify the Owner citing reasons therefore. 5 If the Surety does not proceed as provided in Paragraph 4 with reasonable promptness, the Surety shall be deemed to be in default on 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, without further notice the Owner shall be entitled to enforce any remedy available to the Owner. 6 After the Owner has terminated the Contractor's right to complete the Construction Contract, 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 Construction 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 of costs and damages on the Construction Contract, the Surety is obligated without duplication for: 6.1 The responsibilities of the Contractor for correction of defective work and completion of the Construction Contract; 6.2 Additional legal, design professional and delay costs resulting from the Contractor's Default, and resulting from the actions or failure to act of the Surety under Paragraph 4; and 6.3 Liquidated damages, or if not liquidated damages are specified in the Construction Contract, actual damages caused by delayed performance or non- performance 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 right 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, including 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 Sur- . jails to perform its obligations under this 85:C- • � rt�t e"t/ Fccurs first. If the provisions of this Par, ar+a�vol • ohibited by law, the minimum period4 miIata i ?, all 'i1 to sureties as a defense in the di ,t .,_-� the su shall be applicable. -- IN Goa YdE iGUSG,, A 10 CG A312 -1984 2 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 conforming 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 received MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: Signature: Name and Title: 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, D.C. 20006 THIRD PRINTING • MARCH 1987 by the Owner in settlement of insurance or other claims for 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 perform or otherwise to comply 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. (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: Name and Title: Address: A312 -1984 3 executed concurrently with this rider, it is agreed that: Barry University in connection with a contract for: Attest: S -5344 (12 -99) DUAL OBLIGEE RIDER To be attached to and form a part of Performance Bond 104384766 Number TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, Surety, and Beauchamp Construction Co., Inc. , Principal, for valuable consideration, hereby agree that the Subdivision bond executed in favor of , Obligee, Design/Build Barry University Student Residences -Phase II, Construction of a 172 -Bed Student Residence Facility, including Utility Distribution, Parking, Storm Drainage, Site Lighting and Landscaping, 11300 Northeast Second Avenue, Miami Shores, Florida which bond and contract are made a part of hereof by reference, shall now include as an additional Obligee: Bank ofAmerica, N.A, 1111 E Main St., 6 Floor, Richmond, VA 23113 in its capacity as Lender for the aforementioned project. The Surety shall not be liable under this bond to the Obligees, or either of them, unless the said Obligees, or either of them, shall make payments to the Principal or to the Surety, in case the Surety arranges for the completion of the contract upon default of the Principal, strictly in accordance with the terms of said contract as to payments, and shall perform all the other obligations to be performed under said contract at the time and in the manner therein set forth. In no event shall the Surety be liable in the aggregate to both Obligees for more than the penal sum of its Performance Bond, nor shall it be liable except for a single payment for each single breach or default. At the Surety's election, any payment due to either Obligee may be made by its check issued jointly to both. WITNESS the following signatures and seals this 23`' day of September TRAVE ERS CASUALTY AND SURETY COMPANY OF AMERICA By: 7 Beauchamp Construction Co., Inc. Barry University 2004. arles J. Nielson, Attorney -in -Fact (05-04) Unlimited TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA TRAVELERS CASUALTY AND SURETY COMPANY FARMINGTON CASUALTY COMPANY Hartford, Connecticut 06183 -9062 POWER OF ATTORNEY AND CERTIFICATE OF AUTHORITY OF ATTORNEY(S) -IN -FACT KNOW ALL PERSONS BY THESE PRESENTS, THAT TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY - COMPANY, corporations duly organized under the laws of the State of Connecticut, and having their principal offices in the City of Hartford, County of Hartford, State of Connecticut, (hereinafter the "Companies") hath made, constituted and appointed, and do by these presents make, constitute and appoint: Charles D. Nielson, Charles J. Nielson, Laura Lee Clymer, Mary C. Aceves, Warren M. Alter, David R. Hoover, of Miami Lakes, Florida, their true and lawful Attorneys) -in -Fact, with full power and authority hereby conferred to sign, execute and acknowledge, at any place within the United States, the following instrument(s): by his/her sole signature and act, any and all bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking and any and all consents incident thereto and to bind the Companies, thereby as fully and to the same extent as if the same were signed by the duly authorized officers of the Companies, and all the acts of said Attomey(s)- in -Fact, pursuant to the authority herein given, are hereby ratified and confirmed. This appointment is made under and by authority of the following Standing Resolutions of said Companies, which Resolutions are now in full force and effect: VOTED: 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. VOTED: 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. VOTED: 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. This Power of Attorney and Certificate of Authority is signed and sealed by facsimile (mechanical or printed) under and by authority of the following Standing Resolution voted by the Boards of Directors of TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY, which Resolution is now in full force and effect: VOTED: That the signature of each of the following 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 Attorneys -in -Fact for purposes only of executing and attesting bonds 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 upon the Company in the future with respect to any bond or undertaking to which it is attached. IN WITNESS WHEREOF, TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY have caused this instrument to be signed by their Senior Vice President and their corporate seals to be hereto affixed this 12th day of July, 2004. STATE OF CONNECTICUT } SS. Hartford COUNTY OF HARTFORD TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA TRAVELERS CASUALTY AND SURETY COMPANY FARMINGTON CASUALTY COMPANY By - George W. Thompson Senior Vice President On this 12th day of July, 2004 before me personally carne GEORGE W. THOMPSON to me known, who, being by me duly sworn, did depose and say: that he/she is Senior Vice President of TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY, the corporations described in and which executed the above instrument; that he/she knows the seals of said corporations; that the seals affixed to the said instrument are such corporate seals; and that he/she executed the said instrument on behalf of the corporations by authority of his/her office under the Standing Resolutions thereof. rr\o�• e ttrAftwili My commission expires June 30, 2006 Notary Public Marie C. Tetreault CER III HATE I, the undersigned, Senior Vice President of TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY, stock corporations of the State of Connecticut, DO HEREBY CERTIFY that the foregoing and attached Power of Attorney and Certificate of Authority remains in full force and has not been revoked; and furthermore, that the Standing Resolutions of the Boards of Directors, as set forth in the Certificate of Authority, are now in force. Signed and Sealed at the Home Office of the Company, in the City of Hartford, State of Connecticut. Dated this 23rd day of September ,2004. By Peter Schwartz Senior Vice President Travelers ILT -1018 (2/03) IMPORTANT DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE On November 26, 2002, President Bush signed into law the Terrorism Risk Insurance Act of 2Q02 (the "Act "). The Act establishes a short -term program under which the Federal Government will share in the payment of covered losses caused by certain acts of international terrorism. We are providing you with this notice to inform you of the key features of the Act, and to let you know what effect, if any, the Act will have on your premium. Under the Act, insurers are required to provide coverage for certain losses caused by international acts of terrorism as defined in the Act. The Act further provides that the Federal Government will pay a share of such losses. Specifically, the Federal Government will pay 90% of the amount of covered losses caused by certain acts of terrorism which is in excess of Travelers' statutorily established deductible for that year. The Act also caps the amount of terrorism - related losses for which the Federal Government or an insurer can be responsible at $100,000,000,000.00, provided that the insurer has met its deductible. Please note that passage of the Act does not result in any change in coverage under the attached policy or bond (or the policy or bond being quoted). Please also note that no separate additional premium charge has been made for the terrorism coverage required by the Act. The premium charge that is allocable to such coverage is inseparable from and imbedded in your o I premium, and is no more than one percent of your premiu THE AMERICAN INSTITUTE OF ARCHITECTS BOND NUMBER 104384766 AIA Document A312 Payment Bond Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. CONTRACTOR (Name and Address): Beauchamp Construction Co., Inc. 247 Minorca Ave. Coral Gables, FL 33134 OWNER (Name and Address): Barry University 11300 Northeast Second Ave. Miami Shores, FL 33161 SURETY (Name and Principal Place of Business): Travelers Casualty and Surety Company of America One Tower Square Hartford, CT 06183 CONSTRUCTION CONTRACT Date: June 17, 2004 Amount: $5,818,753.00 Description (Name and Location): Design/Build Barry University Student Residences -Phase II, Construction of a 172 -Bed Student Residence Facility, including Utility Distribution, Parking, Storm Drainage, Site Lighting and Landscaping, 11300 Northeast Second Avenue, Miami Shores, Florida BOND Date (Not earlier than Construction Contract Date): September 23, 2004 Amount $5,818,753.00 Modifications to this Bond: CONTRACTOR AS PRINCIPAL Company: (Corporate Seal) Beauchamp Construction Co., Inc. Signature: Name and r itle: (Any additional signatures appear on page 6) None SURETY Company: Travelers Cas AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D.C. 20006 THIRD PRINTING • MARCH 1987 ty X See Page 6 (Corporate Seal) nd Surety Company of America Signature: ` ? Name and Title: Charles J. ielgon, Attorfiey -in -Fact (FOR INFORMATION ONLY— Name, Address and Telephone) AGENT or BROKER: OWNER'S REPRESENTATIVE (Architect, Engineer Nielson, Alter & Associates other party): 5979 NW 151 St., Ste 105 Miami Lakes, FL 33014 305 -822 -7800 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 suits by any person or entity whose claim, demand, lien or suit is for the payment for labor, materials or equipment fumished 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, stating 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. .1 Have furnished written notice to the Contractor and sent a copy, or notice thereof, to the Owner, within 90 days after having last performed labor or last fumished materials 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 fumished 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 fumishing the above notice any communication from the Contractor by which the Contractor has indicated the claim will be paid directly or indirectly; and .3 Not having been paid within the above 30 days, have sent a written notice to the Surety (at the address described in Paragraph 12) and sent a copy, or notice thereof, to the Owner, stating that a claim is being made under this Bond and enclosing a copy of the previous written notice fumished to the Contractor. 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, D.C. 20006 THIRD PRINTING • MARCH 1987 6 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 Contract shall be used for the performance of the Construction Contract and to satisfy claims, if any, under any Construction Performance Bond. By the Contractor fumishing and the Owner accepting this Bond, they agree that all funds eamed 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 cdmpletion 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 Bond. 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 jurisdiction 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 accomplished, shall be sufficient compliance as of the date received at the address shown on the signature page. 13 When this Bond has been fumished 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 requirements shall be deemed deleted herefrom and provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. The intent is that this A312 -1984 5 Bond shall be construed as a statutory bond and not as a common law bond. 14 Upon request by any person or entity appearing to be a potential beneficiary of this Bond, the Contractor shall promptly fumish 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 shall 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 MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: in the Construction Contract, architectural and engineering services 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 fumished. 15.2 Construction Contract: The agreement between the Owner and the Contractor identified -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 complete or comply with the other terms thereof. THIS BOND HEREBY IS AMENDED SO THAT THE PROVISIONS AND LIMITATIONS OF SECTION 255.05 OR SECTION 713.23 FLORIDA STATUTES, WHICHEVER IS APPLICABLE, ARE 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: AIA DOCUMENT A312 • PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. • AIA THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D.C. 20006 THIRD PRINTING • MARCH 1987 (Corporate Seal) Signature: Name and Title: Address: A312 -1984 6 KNOW ALL PERSONS BY THESE PRESENTS, THAT TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY, corporations duly org% ni7ed under the laws of the State of Connecticut, and having their principal offices in the City of Hartford, County of Hartford, State of Connecticut, (hereinafter the " Companies ") liath made, constituted and appointed, and do by these presents make, constitute and appoint: Charles D. Nielson, Charles J. Nielson, Laura Lee Clymer, Mary C. Aceves, Warren M. Alter, David R. Hoover, of Miami Lakes, Florida, their true and lawful Attomey(s) -in Fact, with full power and authority hereby conferred to sign, execute and acknowledge, at any place within the United States, the following instrument(s): by his/her sole signature and act, any and all bonds, recognizances, contracts of indemnity, and other writings obligatory in the nature of a bond, recognizance, or conditional undertaking and any and all consents incident thereto and to bind the Companies, thereby as fully and to the same extent as if the same were signed by the duly authorized officers of the Companies, and all the acts of said Attorney(s)- in-Fact, pursuant to the authority herein given, are hereby ratified and confirmed. This appointment is made under and by authority of the following Standing Resolutions of said Companies, which Resolutions are now in full force and effect: VOTED: 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. VOTED: 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. VOTED: 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. This Power of Attorney and Certificate of Authority is signed and sealed by facsimile (mechanical or printed) under and by authority of the following Standing Resolution voted by the Boards of Directors of TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY, which Resolution is now in full force and effect: VOTED: That the signature of each of the following 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 Attorneys -in -Fact for purposes only of executing and attesting bonds 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 upon the Company in the future with respect to any bond or undertaking to which it is attached (05_04) Unlimited TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA TRAVELERS CASUALTY AND SURETY COMPANY FARMINGTON CASUALTY COMPANY Hartford, Connecticut 06183 -9062 POWER OF ATTORNEY AND CERTIFICATE OF AUTHORITY OF ATTORNEYS) -IN -FACT • OR Bk 22706 PG 2227 LAST PAGE IN WITNESS WHEREOF, TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY have caused this instrument to be signed by their Senior Vice President and their corporate seals to be hereto affixed this 12th day of July, 2004. STATE OF CONNECTICUT } SS. Hartford COUNTY OF HARTFORD On this 12th day of July, 2004 before me personally came GEORGE W. THOMPSON to me known, who, being by me duly sworn, did depose and say: that he/she is Senior Vice President of TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY, the corporations described in and which executed the above instrument that he/she knows the seals of said corporations; that the seals affixed to the said instrument are such corporate seals; and that he/she executed the said instrument on behalf of the corporations by authority of his/her office under the Standing Resolutions thereof. CERIIHCATE 1, the undersigned, Senior Vice President of TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, TRAVELERS CASUALTY AND SURETY COMPANY and FARMINGTON CASUALTY COMPANY, stock corporations of the State of Connecticut, DO HEREBY CERTIFY that the foregoing and attached Power of Attorney and Certificate of Authority remains in full force and has not been revoked; and furthermore, that the Standing Resolutions of the Boards of Directors, as set forth in the Certificate of Authority, are now in force. Signed and Sealed at the Home Office of the Company, in the City of Hartford, State of Connecticut Dated this 23rd day of September , 20 04. TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA TRAVELERS CASUALTY AND SURETY COMPANY FARMINGTON CASUALTY COMPANY By My commission expires June 30, 2006 Notary Public Marie C. Tetreault By STATE OF FLORIDA, COUNTY OF DADE 1 kit=fa'Et Y CERTIFY that this is a true copy of the ongtnal Ned in this office on day of , A 0 20 WITNESS my hand and Official Seal. HARVEY VIN, CLERK, of P and County Courts By Asp D.C. George W. Thompson Senior Vice President Peter Schwartz Senior Vice President