Record #: F2023-109   
Type: Communication Status: Placed on File
Intro date: 5/15/2023 Current Controlling Legislative Body:
Final action: 5/15/2023
Title: Approval of Official Bond for Treasurer Melissa Conyears-Ervin
Sponsors: Dept./Agency
Topic: CITY COUNCIL - Miscellaneous
Attachments: 1. F2023-109.pdf

Bond Certification Municipal Code Section 2-152-220

I, John Hendricks, Acting Corporation Counsel of the City of Chicago, have reviewed and inspected:

Bond No. 674220636 (Mayor)

Bond No. 39S212686 (City Clerk)

Bond No. 39S222198 (Treasurer)

all issued by The Ohio Casualty Insurance Company, and I certify that the above-numbered bonds are properly executed as to form.

John Hendricks

Acting Corporation Counsel

 

Date

 

I, Reshma Soni, City Comptroller for the City of Chicago, have reviewed and inspected the three bonds identified above, all issued by The Ohio Casualty Insurance Company, and I certify that the sureties on the above-numbered bonds are of sufficient financial responsibility for the amount of the penalty of such bonds.

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Date

Reshma Soni City Comptroller

Sir i it )i J t \

Li un                     qj^jQ £asua]ty Insurance Company

BOND                     No 39S222198

KNOW ALL MEN BY THESE PRESENTS:

That we Melissa Conyears-Ervin                                          of

3323 West Jackson Blvd., Chicago, IL 60624                                                                                                                                

(Inam Pull Name pop linc| and Address [bottom line] of"Principal) as Principal and The Ohio Casualty Insurance Company                     , a corporation organized and existing under the

laws of the State of New Hampshire , (hereinafter called the Surety, arc held and firmly bound unto

City of Chicago                     

121 North LaSalle Street, Chicago, Illinois 60602                                                                                     

(Insert Pull Name | top line] and Address [bottom line] of Obligee)

in the aggregate and non-cumulative penal sum of Two Million and 00/100                      

                                                                ($ 2,000,000.00                      ) DOLLARS, for the payment of which, well and truly

to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents.

WHEREAS, the said Principal has been elected or appointed to (or holds by operation of law) the office of

Treasurer / Qualifying                                                               

for a term beginning on May 20, 2019                     and ending on continuous

Now, therefore, the condition of this Obligation is such that if the said Principal shall well, truly and faithfully perform all official duties required by law of such official during the term aforesaid, then this obligation shall be void, otherwise it shall remain in full force and effect, subject to the following conditions:

First: That the Surety may, if it shall so elect, cancel this bond by giving thirty (30) days notice in writing to

City of Chicago, 121 North LaSalle, Chicago, Illinois 60602                                          and

this bond shall be deemed canceled at the expiration of said thirty (30) days, the Surety remaining liable, however, subject to all the terms, conditions and provisions of this bond, for any act or acts covered by this bond which may have been committed by the Principal up to the dale of such cancelation; and the Surety shall, upon surrender of this bond and its release from all liability hereunder, refund the premium paid, less a pro rate part thereof for the time this bond shall have been in force.

Second: That the Surety shall not be liable hereunder for the loss of any public moneys or funds occurring through or resulting from the failure of, or default in payment by, any banks or depositories in which any public moneys or funds have been deposited, or may be deposited, or placed to the credit, or under the control of the Principal, whether or not such banks or depositories were or may be selected or designed by the Principal or by other persons; or by reason of the allowance to, or acceptance by the Principal of any interest on said public moneys or funds, any law, decision, ordinance or statute to the contrary notwithstanding

Third: That the Surety shall not be liable for any loss or losses, resulting from the failure of the Principal to collect any taxes, licenses, levies, assessments, etc., with the collection of which he may be chargeable by reason of his election or appointment as aforesaid.

SIGNED, SEALED and DATED May 8, 2019

 

F-109 c 4-"99

PAGE OF 2

OA TH OF OFFICE

state or Illinois

 

County of Cook

I, Melissa Conyears-Ervin

State of Illinois

do solemnly sweat" for affirm) that 1 will support, protect and defend the Constitution of The United States and the Constitution of the

and that 1 will discharge the duties of my office of Treasurer / Qualifying

with fidelity; that 1 have not paid or contributed, or

promised to pay or contribute, either directly or indirectly, any money or other valuable thing to procure my nomination or election (or appointment), except for necessary and proper expenses expressly authorized by law; that I have not knowingly violated any election law of this State, or procured it to be done by others in my behalf, that 1 will not knowingly receive, directly or indirectly, any money or other valuable thing for the performance or non-performance of any act or duty pertaining to my office than the- compensation allowed by law. So help me God

 

 

PAGE OF 2

day of

Sworn to and subscribed before me this

 

 

PAGE OF 2

 

TRINA MANGRUM Official Seal Notary Public - State of Illinois My Commission Expires Nov 27, 2022

F-109 c 4/99

PAGE OF 2

State of Missouri City of St. Louis

On May 8, 2019 before me, a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared Taffra S. Holman, known to me to be Attorney-in-Fact of. The Ohio Casualty Insurance Company, the corporation described in and that executed the within and foregoing instrument, and known to me to be the person who executed the said instrument in behalf of the said corporation, and he duly acknowledged to me that such corporation executed the same.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year stated in this certificate above.

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Notary Public

My Commission Expires

 

This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated.

Liberty Mutual Insurance Company The Ohio Casually Insurance Company West American Insurance Company

Liberty

POWER OF ATTORNEY

KNOWN ALL PERSONS BY THESE PRESENTS: Thai The Ohio Casualty Insurance Company is a corporation duly organized under the laws ol the Stale of New Hampshire, that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts, and West American Insurance Company is a corporation duly organized under the                     ,orth' does nam" cons";ule ar,d afiP0,n1'                     

Certificate No 81G81G7

 

                     each individually if there be more than one named its true and lawful attomev-in-facl to make.

execute, seal, acknowledge and deliver, for and on its behalf as surety and as its act and deed, any and all undertakings, bonds, recognizances and other surety obligations, in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons

all of the city of                     

David M Carey Assistant Secrela7

State of PENNSYLVANIA js County of MONTGOMERY SS

On this 4th dav of December 2018 before me personally appeared David M Carey, who acknowledged himself to be the Assistant Secretary of Liberty Mutual Insurance Company The Ohio Casualty Company, and West American Insurance Company, and thai he as such, being authorized so to do, execute the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer

IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my notarial seal at King of Prussia, Pennsylvania, on the day and year first above written

IN WITNESS WHEREOF, this Power of Attorney has beensubsenbed by an authorized officer or officialof the Companies and the corporate seals of the Companies have been affixed thereto this                      4lli                      dav of December . 2018

Liberty Mutual Insurance Company The Ohio Casualty Insurance Company West American Insurance Company

COMMONWEALTH OF PENNSYLVANIA

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By;

Teresa Pastel!a, Notarv Public

Teresa Pastella, Notary Public Upper Mencn Twp . Montgorneiy County My Commission Expires March 28,2021

Member, Pc-rnsylvama Association of Notaries

 

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This Power of Attorney is made and executed pursuant to and by authority of the following By-laws and Authorizations of The Ohio Casualty Insurance Company. Liberty Mutual Insurance Company, and West American Insurance Company which resolutions are now in full force and effect reading as follows ARTICLE IV - OFFICERS: Section 12 Power of Attorney

Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President, and subject to such limitation as the Chairman or the President may prescribe, shall appoint such attorneys-in-fact: as may be necessary to act in behalf of the Corporation to make, execute, seal acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys-in-fact, subject to the limitations set forth in their respective powers of attorney, shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation When so executed, such instruments shall be as binding as if signed by the President and attested to by the Secretary Any power or authority granted to any representative or attorney-in-fact under the provisions of this article may be revoked at any time by the Board, the Chairman, the President or by the officer or officers granting such Dower or authority ARTICLE Xfll - Execution of Contracts: Section 5 Surety Bonds and Undertakings

Any officer of the Company authorized for that purpose in writing by the chairman or the president and subject to such limitations as the chairman or the president may prescribe ; shall appoint such attorneys-in-fact, as may bo necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations Such attorneys-in-fact subject to the limitations set forth in their respective powers of attorney shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the sea! of the Company When so executed such instruments shall be as binding as if signed by the president and attested by the secretary

Certificate of Designation - The President of the Company, acting pursuant to the Bylaws of the Company, authorizes David M Carey. Assistant Secretary to appoint such attorneys-in-fact as may be necessary to act on behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds recognizances and other surety obligations

Authorization - By unanimous consent of the Company's Board of Directors, the Company consents that facsimile or mechamcal'y reproduced signature of any assistant secretary of the Company wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds, shall be valid and binding upon the Company with the same force and effect as though manually affixed                     .■

I, Renee C. Llewellyn, the undersigned Assistant Secretary, The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full, true and correct copy of the Power of Attorney executed by said Companies, is in full force and effect and has not been revoked

IN TESTIMONY WHEREOF I have hereunto set my hand and affixed the seals of said Companies this 8 th dav of                      May                       2019

Renee C Llewellyn. Assistant Secretary

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