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HomeMy WebLinkAbout20240409_Bond_Replacement_Redacted Sandhorn, LLC PO Box 126 Ash, NC 28420 RECEIVED APR J9 ?-02-q Azr LAND QUALITY MINING PROGRAM 4/4/24 Division of Energy, Mineral and Land Resources North Carolina Department of Environmental Quality 1612 Mail Service Center Raleigh, NC 27699-1612 Attn: Adam Parr Adam, Please find enclosed a surety bond for Sandhorn LLC permit 10-95. We would like to use this surety bond in lieu of the current assignment of savings account at First Bank. I'm sorry I didn't send this one with the others. It was misplaced and I just came across it. Thank you for all your help! Julia Julia F.Tripp 910-540-6296 -�- . � - - � � .. . ., J�-i.. �,��.. _ -�. .. :,, __,._..� .. ,, _ , DUPLICATE ORIGINAL STATE OF NORTH CAROLINA DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES Land Quality Section Permit Np. 10.95 Bond Pursuant to"The Mining Act of 19711, (G.S.74.46 through G.S.74.68) KNOW ALL MEN BY THESE PRESENTS,That Sandhom. LLC a Ilmned liability company and having its principal office at 3540Ash Lido R'Ner Road NaMw 1,AM In the State of NC , as principal,and Philadelphia Indemnity Insurance Company a corporation organized under the laws of the State of PA a nddubrauihodzedbythe Insurance Commissioner of North Carolina to do business In North Carolina,with an office located at aoio Tpdnyaon way.sane In the City of Challohe North Carolina,as surety,are held and firmly bound unto the Slate of North Carolina in the sum$59,900.00 of Bond No. lawful money of the United Slates of America, to the payment of which will and truly be made, we bind ourselves,our heirs, administrators and successors jointly and severally,firmly by these presents. Signed,seated and delivered this 22nd day of February 2022 THE CONDITIONS OF THIS BOND ARE SUCH,That Whereas, the said Sandhom, LLC conducts orwill conduct mining operations in North Carolina es described In the application foran operating permit which includes a Reclamation Plan as provided in G.S.74-53 and has obtained approval of this application on Ihe_day of from the Department of Environment and Natural Resources. APR 08 Je A Aotp Rev. Dec 2006 'TY 'vIININO PF,UGRAibI r C•J _ t�. �•. ��._.� . -.j- ,:. .. .. - _ ,r ...� .. ;:� 1 , ���'_..� _� -__ - �� .�^•_�.� -.�.r�:. __ _ -�_ .- r. ���� -+[� _ -������ ._. ___�� _ ^^�•�+ �-+�"ram\ _ - __� - .i - � - _ _ - .,y. - - •-.K -i NOW THEREFORE, if the said Sandhorn. LLC shall compiywith the requirements set forth In"The Mining Act of 1971"(G.S.74-46 through 74-68)and with the rules and regulations adopted pursuant thereto and faithfully perform all obligations underhis approved Reclamation Plan then this obligation shall be null and void; otherwise to be and remain in full force and effect until released by the Department of Environment and Natural Resources in accordance with G.S. 74-56 or canceled by the surety. Cancellation by the surety shall be effectuated only upon 60 days written notice thereof to the Department of Environment and Natural Resources and the operator as provided in G.S. 74-54. ATTEST: Sandhom, LLC Secretary or Principal Assistant Secretary •�,�� ( Attach ) By it- ' n. ( Corporate Seal ) President,Vice sidenl, ( here of Corporation ) Partners, or Owner Philadelphia Indemnity Insurance Company Surely Belmont •••• ... Coun igned at ,• bgYglina /� oRpOR''raaa�.1'i Q04�4by�By: By: Resident 3libigent of IC Agent and t orney- Fact '%,'Na'••....•�Nda�� Angela Y.Buckner Angela Y. Bucl er Attorney-in-PaC1,..... 'PLEASE MAIL THIS FORM AND THE ATTACHED I TRUMENT TO THE FOLLOWING ADDRESS: LAND QUALITY SECTION 1612 MAIL SERVICE CENTER Surety Phone No. 610-206-7836 RALEIGH, NC 27699 Page 2 of 2 Rev. Dec 2006 .. ,i', - _,i _ _ ,. .. _ _. l: .. ._ _ _.. ... �. � � .. _ _ \` �``� }ice 7 �, .-. ' J�. ,. .. - � _ = � '�`. ��� .� ♦ '+ -.-• � . i PHILADELPHIA INDEMNITY INSURANCE COMPANY One Bala Plaza,Suite 100 Bala Cynwyd,PA 19004-0950 Power of Attorney KNOW ALL PERSONS BY THESE PRESENTS:That PHILADELPHIA INDEMNITY INSURANCE COMPANY(the Company),a corporation organized and existing under the laws of the Commonwealth of Pennsylvania,does hereby constitute and appoint Bradford W.Gibson,Angela Y.Buckner,Debra S.Ritter, Martin D.Pallazza.Raymond J.Garruto,Jenny Snell.H.Thomas Dawkins,Wendy E.Lahm,Robert C.Tresher.Sara Grace Deese,Leah E.Farnsworth,and Erin Brooks of A Marsh McLennan Agency,LLC Comaanv of the City of Charlotte in the State of North Carolina its true and lawful Attomey-in-fact with full authority to execute on its behalf bonds,undertakings,recognizances and other contracts of indemnity and writings obligatory in the nature thereof,issued in the course of its business and to bind the Company thereby,in an amount not to exceed$50,000,000. This Power of Attorney is granted and is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of PHILADELPHIA INDEMNITY INSURANCE COMPANY on the 141h of November,2016. RESOLVED: That the Board of Directors hereby authorizes the President or any Vice President of the Company:(1)Appoint Attorneys)in Fact and authorize the Attorney(s)in Fact to execute on behalf of the Company bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof and to attach the seal of the Company thereto;and (2)to remove,at any time,any such Attorney-in-Fact and revoke the authority given. And, be it FURTHER RESOLVED: That the signatures of such officers and the seal of the Company may be affixed to any such Power of Attorney or certificate relating thereto by facsimile,and any such Power of Attorney so executed and certified by facsimile signatures 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 TESTIMONY WHEREOF, PHILADELPHIA INDEMNITY INSURANCE COMPANY HAS CAUSED THIS INSTRUMENT TO BE SIGNED AND ITS CORPORATE SEALTO BE AFFIXED BY ITS AUTHORIZED OFFICE THIS 5TH DAY OF MARCH,2021. 1927 jw (Seal) loh Glomb, President&CEO Philadelphia Indemnity Insurance Company On this 5th day of March,2021 before me came the individual who executed the preceding instrument,to me personally known,and being by me duly sworn said that he is the therein described and authorized officer of the PHILADELPHIA INDEMNITY INSURANCE COMPANY;that the seal affixed to said instrument is the Corporate seal of said Company;that the said Corporate Seal and his signature were duly affixed. Notary Public: commonw"th of Pennaylvante-Nou Seel Vanessa Mckenzio.Notary Pub Montgomery County My comminlon expires November 3,2024 Commission number 1366394 Member.Pennsylven:0910Cletionof Notarlee residing at: Bala Cynwyd,PA My commission expires: November 3,2024 I,Edward Sayago,Corporate Secretary of PHILADELPHIA INDEMNITY INSURANCE COMPANY,do hereby certify that the foregoing resolution of the Board of Directors and the Power of Attorney issued pursuant thereto on the 51h day March,2021 are true and correct and are still in full force and effect.I do further certify that John Glomb,who executed the Power of Attorney as President, was on the date of execution of the attached Power of Attorney the duly elected President of PHILADELPHIA INDEMNITY INSURANCE COMPANY. In Testimony Whereof I have subscribed my name and affixed the facsimile seal of each Company this 22nd bey of February 2022 A 192 7'� t Edward Sayago,Corporate Secretary PHILADELPHIA INDEMNITY INSURANCE COMPANY NOT Z