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HomeMy WebLinkAboutBreakers at Lands End . . . TOWN CLERK COpy ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD R E C E P T Original performance bond no. NR17688 issued by the North River Insurance Company in the amount of $100,000.00, dated February 10, 1987 for roads and improvements in subdivision "The Breakers at Lands End" is hereby released by Southold Town Board Resolution No. 60 on January 3, 2001. Date r /-/c::i-Of (l~9_~~ Bond received by .',vf'i../ . . . ELIZABETH A. NEVILLE TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER J;/.;7J-LDX~?,_ ,;;1 <;,\lfFOl,{ "'''" 'J/~.\\ <:'a ~~ :r~ ~ N:::' =j. ~ CI ~ " ~ .", ...~' ~. ~ ~O ~\\~ './. .. i' . Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 60 OF 2001 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON JANUARY 3, 2001: RESOLVED that the Town Board of the Town of Southold hereby releases the performance bond No. NRl7688 issued by the North River Insurance Company in 1987, in the amount of $100,000.00 for the condominium project known as "The Breakers at Lands End." This project was never built and has been replaced with a retirement community project in the name of "Peconic Landing" for which a bond in the amount of $3,964,216.00 has been deposited at the Suffolk County National Bank. This release is made all in accordance with the approval of the Town Attomcy. ,n!~..~a~~fL. Elizabeth A. Neville South old Town Clerk '. nit.. NUt';,U1 I'..... vGl\. .J..1'i':;;'UhfU"'--C I...LA~.lt'I-\I.'lll. 492 Franklin Ave. Nutley, New Jersey 07110 BOND NO. NR17688 $ 100,000.00 KNOWN ALL MEN BY THESE PRESENTS: That we, the undersigned Greenport Development Corp. as Principal, and The North River Insurance Company a corporation of the State of New Jersey and authorized to do business in the State of New Jersey, as Surety, are hereby held and firmly bound unto the Town of Southold, New York , as Obligee, in the penal sum of One Hundred Thousand Dollars & no cents. . ($ 100,000.00 ) Dollars for the payment of which, well and truly to be made we hereby jointly and severally bind ourselves, our heirs, executors, administrators, successors, and assigns. WHEREAS, it is proposed to make certain Sub Division " The Breakers at Lands End" Greenport, New York WHEREAS, the Town of Southold, New York execution and delivery of this bond. has approved said plan upon the NOW, THEREFORE, the condition of this obligation is such that if the above bounden Principal shall construct the improvements shown above, and complete said work to satisfaction of the Town of Southold, New York and in accordance with the present standard specifications of the Town of Southold, New Yorktherefore, then this obligation shall be void, otherwise the same remain in full force and effect; it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall in no event exceed the penal a~ount of this obligation as herein stated. Signed, sealed and dated lath of February, 1987 ) . LGlll t l4. itnes8 Insur~ce Company Surety I.IJ iY'vrujL] , BY Robert A. c y-1n-Fact i CERTIFICATE OF SOLVENCY UNDER SECTION 1111 OF THE NE.W YORK INSURANCE LAW STATE OF NE.W YORK INSURANCE DEPARlMENT JAMES P. OJROJRAN SUPERINTENDENT OF INSURANCE It is he~eby ce~tified that THE NORTH RIVER INSURANCE CCMPANY of Mor~istown, New Jersey, a cor~oration organized unde~ the laws of the State of New Je~sey, and duly autho~ized to t~ansact the business of insu~ance in this State, is qualified to become surety or gua~anto~ on all bonds, undertakings, ~ecognizances, guaranties and other Obligations requi~ed o~ ~rmitted by law1 and that the saia co~oration is ~ssessed of a ca~ital and su~lus including paid-in and contributed surplus and unassigned funds (surplus) agg~egating the sum of $129,871,646. (Capital $2,500,000.), as is shown by its swo~ financial statement for the yea~ ended Decembe~ 31, 1985 on file in this Depa~tment, ~~ior to audit. The said co~oration cannot lawfully expose itself to loss on anyone risk o~ hazard to an amount exceeding 10% of its su~lus to ~olicyholders, unless it shall oe protected in excess of that amount in the manner provided in Section 4118 of the Insurance Law of this State. In Witness Whereof,.I have hereunto set ~i hand and affixed the official seal of this Department at the City of Albany, this 31st day of July, 1986. -- ~ .-") \. />'<-' .:-/. .._---./_- I ....-/~ . / \ .:;... ,.."'~ t.. ,~-..,~ '-- ., '-- .""'(./~-"'" .'i;. ,--;....(-~...;,.7 / ' 911perintenden~ of Insu~ance ::~::c~ }" :;:~:~"~~~~.";"","";;,,""~, ..... ....... ;:?=' u2J<uuuuuuuuu~u~uuuuuu se I of said eorporation: rs, and thaI be ,.;iglJ,.d RR(l12)2.~- -2S00. R.85 2227\~ ....'irfl'lMAN ~ ....l'"!l:~- ..nARY PlJIH..IC:, 5ti!te ~f P,-..... 'fur: "LI !';2.. r ".<:.. ~ ,.,.~~..ml~rJ lilt '''''''Olill. cq~t~' ~'lln,. ....~. ~"IWf- C;_/~-<, - (f // dO !f Notary Public Counh THE NORTH RIVER INSURANCE COMPANY TOWNSHIP OF MORRIS, NEW JERSEY STATEMENT AS OF DECEMBER 31, 1985 ASSETS LIABILITIES AND SURPLUS Bonds .............. $ 513,964,826 Losses and Stocks: Adjustment Preferred. . . . . . . . . . $ 14,590,835 Expenses. . . . . . . . . . $ 616,384,241 Common. . . . . . . . . . 195,137,447 209,728,282 Taxes and Real Estate. . . . . . . . . . 35,561,528 Expenses. . . . . . . . . . 14,810,019 Cash and Bank Unearned Deposits .......... 4,485,786 Premiums . . . . . . . . . 156,014,133 Short Term Other Liabilities. . . . . . 102,791,520 Investments. . . . . . . . 83,343,250 Capital. .. .. .. . . .. . . . $ 2,500,000 Premium Balances Paid in and Receivable........ . 89,606,764 Contributed Equities and Deposits Surplus.......... . 91,321,189 in Pools and Unassigned Surplus. . . 54,050,457 Associations . . . . . . . 2,619,856 Surplus to Other Assets. . . . . . . . . 98,561,267 Policyholders ...... 147,871,646 Total Admitted Assets $1,037,871,559 Total Liabilities and Surplus 51,037,871,559 Bonds and Stocks are valued in accordance with the basis adopted by the National Association of Insurance .Commissioners. Securities carried at $82.387.854 in the above statement are deposited as required by law. ~TATE OF NEW JERSEY COUNTY OF MORRIS SS GEORGE J. RACHMIEL, Senior Vice President & Treasurer and MICHAEL A. SANDRI, Assistant Vice President of The North River Insurance Company being duly sworn, each for himself deposes and says that they are the above described officers of the said Company and that on the 31st day of December, 1985 the Company was actually possessed of the assets set forth in the foregoing statement and that such assets were available for the payment of losses and claims and held for the protection of its policyholders and creditors, except as herein- before indicated, and that the foregoing statement is a correct exhibit of such assets and liabilities of the said Company on the 31st day of December, 1985 according to the best of their information, knowledge and belief, respectively. Corpor.Uon'. S..I ~ \. R...~~~ Senior Vice President & Treasurer ~:1~t t1.~L<~ Assi.'ilonr Vh'e President Sworn to and Subscribed before me this 2nd day of April, 1986 ~r~- CYNTHIA JO STEHLI NOTARY PUBLIC OF NEW JERSEY My Comml..lon Expire. Dec. 13, 1988 Nola,la. .... ~ .:7~.. \ // u~';eed'-vnem{) ~ April 13, 1987 .9'4uL- Greenport Developnent Corp. Bond #NR17688 Please see attached Certificate of Solvency issued on behalf of The North River Insurance Canpanp. E eEl V E D APR 20 1987 Southold Town Clerk TO rThe Town of Southold Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Attn: Judith T. Terry L UNNERSAL BONDING INSURANCE CO. POST OFFICE BOX 539 NUTLEY. NEW JERSEY 07110 TELEPHONE: 201 - 661-1576 -. .. .... .~-~. - -.. - . ..... ." .-' .... ." ." ."..~- ~ .,...-."....-".... . .. ..' . . POWER OF ATTORNEY THE NORTH RIVER INSURANCE COMPANY PRINCIPAL OFFICE, TOWNSHIP OF MORRIS, N.J. KNOW ALL MEN BY THESE PRESENTS: That THE NORTH RIVER INSURANCE COMPANY ("Company") a corpor. tion duly organized and existing under the laws of the State of New Jersey. and having its Principal office in the Township of Morris, State of New Jersey, has made, constituted and appointed, and does by these presents make, constitute and appoint Robert A. Nicosia, Richard L. Quackenbush, Mary L. Paluzzi, and Margaret A. Nicosia, of Nut ley , New Jersey, each its true and lawful Agent(s) and Attorney(sHn.Fact, with full power and authority hereby conferred in its name, place and stead, to execute, seal. .cknowledge and deliver: Any and all bonds and undertakings---------------- -----------------------------------------------~----------------------------------- and to bind the Company thereby as fully and to the same extent as if such bends had been duly executed and acknowledged by the regularly elected officers of the Company at its principal office in their own proper persons. This Power of Attorney limits the act of those named therein to the bonds and undertakings specifically named therein, and they have no authority to bind the Company except in the manner and to the extent therein stated. This Power of Attorney revokes all previous powers issued in behalf of the attorney(s)-in-fact named above. IN WITNESS WHEREOF The North River Insurance Company has caused these presents to be signed and attested by its appropriate officers and its corporate seal hereunto affixed this 6th day of August , 19 85. Attest: THE NORTH RIVER INSURANCE COMPANY Assistan eret y Richard A. Annese STATE OF NEW JERSEY) COUNTY OF MORRIS ) 55.: day of August 19 85 ,before the subscriber, a duly qualified tate of New Jersey. came the above-mentioned Vice President and Assistant Secretary of The North r"cDe . to me personally known to be the officers described in, and who executed the preceding instru. they ackn't! ed the execution of the same, and being by me duly sworn, deposed and said, that they are the oNOllAfinpi/l'y foresaid, and that the seal affixed to the preceding instrument is the Corporate Seal of said pany, ~ ~Jaid Cor rate Seal and their signatures as officers were duly affIxed and subscribed to the said Instrument ~aut"190~~,et dirltt . n of the s3ld Company. IN S"'f1H.ONY F, I have hereunto set my hand and affixed my seal at the Township of MOrriS, the day and year first a lis..";, 'X"J.. Ii SALLY J. DeCROCE (Signed) NOTARY PUBLIC OF NEW JERSEY ISea11 My Commission Expires Oct. 14. 1987 6th ,d~,-, ffE'~~--' - tary Publit . . This Power of Attorney is granted pursuant to Article V. of the By.Laws of THE NORTH RIVER INSURANC;:' CQ!v!PI\N'y now in full force and effect. ARTICLE V., Execution of Instruments: "The Chairman of the Board, Vice.Chairman of the Board, President, or any Vice. President, in conjunction with "'the Secretary. or any Secretary, if more than one shall be appointed by the Board, or an Assistant Secretary, shall have power on behalf of the Corporation: (a) to execute, affix the corporate seal manually or by facsimile to, acknowledge, verify and deliver any contracts. obligations, instruments and documents whatsoever in connection with its business including. without limiting the foregoing, any bonds, guarantees, undertakings, recognizances. powers of attorney or revocations of any powers of attorney. stipulations, policies of insurance, deeds, leases, mortgages. releases, satisfactions and agency agreements; (b) to appoint, in writing, one or more persons for any or all of the purposes mentioned in the preceding paragraph (a), Including affixing the seal of the Corporation," This Power of Attorney is signed and sealed under and by the authority of Article IV., Section 9. of the By.Laws of THE NORTH RIVER INSURANCE COMPANY as now in full force and effect. ARTICLE IV. Section 9. Facsimile Signatures: "The signature of any officer authorized by the Corporation to sign any bonds, guarantees, undertakings, recognizances, stipulations, powers of attorney or revocations of any powers of attorney and poliCies of insurance issued by the Corporation may be printed facsimile, lithographed, or otherwise produced.. . The Corporation may continue to use for the purposes herein stated the facsimile signature of any person or persons who shall have been such officer or officers of the Corporation, notwithstanding the fact that he may have ceased to be such at the time when such Instruments shall be issued," CERTIFICATE State of New Jersey County of Morris I, the undersigned. Assistant Secretary of THE NORTH RIVER INSURANCE COMPANY, DO HEREBY CERTIFY that the foregoing POWER OF ATTORNEY remains in full force and effect and has not been revoked and furthermore that the above quoted abstracts of Article V. and Article IV.. Section 9. of the By.Laws of the Company are now in full force and effect. In Testimony Whereof, I have hereunto subscribed my name and affixed the corporate seal of the said Company, this 10th day of February 19~7 \ . .' JUDITH T. TERRY Town Hall, 53095 Main Road P.O. Box 1179 Southold. New York 11971 TOWN CLERK TELEPHONE (516) 765.180! REGISTRhR OF VITAL STATISTICS OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD April 20,1987 Southold Town Planning Board Southold Town Hall Southold, New York 11971 Gentlemen: The Southold Town Board, at thei r' regular meeting held on April 7, 1987, accepted the performance bond in the amount of $100,000 for bluff plantings for the condominium proposal to be known as"Breakers At Lands End" located at Greenport, provided the bonding company, The North River Insurance Company, is authorized to do business in the State of New York. Today I received the attached "Certificate of Solvency under Section 1111 of the New York Insurance Law" certifying that the company is auth- orized to transact the business of insurance in New York State, so you may consider the $100,000 bond accepted by the Town Board. Very truly yours, ~/r---" Judith T. Terry Southold Town Clerk Attachment cc: Richard Lark, Esq. . .' JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 TELEPHONE (516) 765-18U1 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD April 9. 1987 Roger A. Quigley. Vice President The North River Insurance Company 492 Franklin Avenue Nutley. New Jersey 07110 Dear Mr. Quigley: The Town of Southold is in receipt of Bond No. NR 17688. $100.000.00. Greenport Development Corp. (copy enclosed) issued by your company. Please submit to this office an official certification that The North River Insurance Company is authorized to do business in" the State of New York. Thank you. Very truly yours. ~d~:r- Judith T. Terry Southold Town Clerk Enclosure cc: Southold Town Planning Board Richard Lark. Esq. . ) v@ RESO LUTlON - APRI L 7, 1987 RESOLVED that the Town Board of the Town of Southold hereby amends their Resolution No. 17, adopted this date, April '7, 1987, acceptinq the $100,000.00 performance bond from Greenport Development Corp. for the bluff plantings for the condominium proposal to be known as "The Breakers at Lands End", located at Greenport, New York to add the following: "Provided the bonding company, The North River Insurance Company, Nutley, New Jersey, is' authorized to do business in the State of New York. .' .., T D LD Y Southold. N.Y. 11971 (516) 765-1938 April 2, 1987 Mr. Richard Lark Attorney at Law P.O. Box 973 Cutchogue, NY 11935 RE: Breakers at Land End 'Dear Mr. Lark; - The following action was taken by the Southold Town Planning Board, Monday, March 30, 1987. RESOLVED that the Southold Town Planning Board accept and refer to the Town Board for acceptance the performance bond in the amount of $100,000 for bluff plantings for the condominium proposal to be known as_ "Breakers At Lands End" located at Greenport. If you have any questions, please don't hesitate to contact our office. Very truly yours, ~ O/L1.JJuJ~ (\,/ BENNETT ORLOWSKI, JR., C~A~~ SOUTH OLD TOWN PLANNING BOARD By Diane M. Schultze, Secretary Judith T. Terry h~ bond 'cc.>1A~OJL~ ( J.QN 07 i985 c JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 728 Southold, New York 11971 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD December 19, 1984 Southold Town Planning Board Southold Town Hall Southold, New York 11971 Gentlemen: The Southold Town Board at their regular meeting held on December 18,1984 approved the bond estimate in the amount of $100,000.00 for the bluff plantings at "The Breakers at Island's End", Greenport, New York. Very truly yours, tf:dk;:-........ y--r!- (i Judith T. Terry Southold Town Clerk /' I- ~'(~ . . . . , , , ~~~C+~~ L3t3/ ~ -c,./oo '00/ 'W' ~~~.~nrz: -'qcor~ ~i~~;~~~~~ . PRODUCER THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, Jacoby Associates, Inc. EXTEND OR ALTER THE COYERAGE AFFORDED BY THE POLICIES BELOW. 7 Old Westbury Rd. East Hills, NY 11577 COMPANIES AFFORDING COVERAGE COMPANY A General Accident LETTER COMPANY B INSURED LETTER Southwood Construction Corp. COMPANY C LETTER & Greenport Development Corp. etal 53 Glen Cove Rd. COMPANY D Greenvale, NY 11548 LETTER COMPANY E LETTER I{'.l'l=l: ~ ~ - THIS IS TO CERTIFY THAT POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS, AND COND~ T,IONS OF SUCH POLICIES. Col TYPE OF INSURANCE POLlCY NUMBEA POLICY EFFECTIVE POLICY EXPIRATION LIABILITY LIMITS IN THOUSANDS L~R DATE (MMIDD/YY} DATE (MMJDDIYV) EACH AGGREGATE OCCURRENCE GENERAL LIABILITY BODILY A X COMPREHENSIVE FORM GL0104314 3/1/87 3/1/88 INJUAY $ 500, $ 500, X PREMISEs/OPERATIONS - UNDERGROUND PAOPERTY DAMAGE $ 250, $ 250, x EXPLOSION & COllAPSE HAZARD PRODUCTSlCOMPlETED OPERATIONS X CONTRACTUAL BI & PO $ $ 'x COMBINED INDEPENDENT CONTRACTORS t-x BROAD FORM PROPERTY DAMAGE t-x PERSONAL INJURY PERSONAL INJURY $ 500, /-- AUTOMOBILE LIABILITY BOOLY 1'...<. <r r-- ANY AUTO INJUAY $ /-- lPERPERSON) - All OWNED AUTOS (PRIV PASS) BOOLY ALL OWNED AUTOS (OTHER THAN) INJURY $ - PRIV. PASS. (PERACQOHIT) HIRED AUTOS PROPERTY - NON-OWNED AUTOS DAMAGE $ . - GARAGE LIABILITY - 61 & PO COMBINED $ EXCESS LIABILITY A ~ UMBREllA FORM XC 42907 3/1/87 311/88 81 & PO $ 3,000 $ 3,000 COMBINED OTHER THAN UMBRELLA FORM STATUTORY I WORKERS' COMPENSATION $ 100 ,lEACH ACCIDENT] A AND WC 0118784-01 3/1/87 3/1/88 EMPLOYERS' LIABILITY $ 5 0 0 ,IDISEASE-POlICY LIMIT] $ 100 ,IDISEASE-EACH EMPlOYEEj OTHER DESCRIPTION OF OPERATIONS/LOCATIONSNEHIClES/SPECIAL ITEMS Town of Southold included as additional insured, as respects project at Sound Ave., Greenport, Southold, NY oj =!:lil; [Of;,'.": [0] ~ ']=l: .,.,~(t1::t.."if'R Town of Southold Town Hall Southold, NY 11971 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EX- PIRATION DATE THEREOF, THE ISSUING COMPANY WILL ENDEAVOR TO MAIL 10 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMEO TO THE LEFT, BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE COMPANY, Irs AGENTS OR REPRESENT A liVES. AUTHORIZED R IVE .:.1:11']:1' . .' . " > File: Subdivisions -"The Brea~~ry At Subdivision Bonds (SafelY II II - Gen. Planning Board (Town Depts.) . ." , (I Island's End"r " 'I ~ y ,"",: ~, ~ 'i ~. . ~ !co O' ~ ~.-'. ;;,.z=:: 03~ w LU~c'l~ ~.' ...s........ 0 l1-l~~""" ~ U~O- LlJ:3c::::r. ~ ~~ (' = C~ ~,