NCC204687_NOT Closeout Documents_20231120

DURHAM
COUNTY Engineering and
EEO Environmental Services
\' 1881`:.)
LETTER OF TERMINATION
PROJECT NAME: Davis Park East JOB NUMBER: 6077-08
LOCATION: 4701 Hopson Rd Permit Issuance: 06/25/2020
ACRES: 20.2
July 29, 2022
Alta Davis Park Owner, LLC
1414 Raleigh Rd., Suite 429
Chapel Hill, NC 27517
To Financially Responsible Party:
Durham County Sediment and Erosion Control issued a land disturbance permit to the
addressee of this letter on 06/25/2020. The permit number for this activity is permit 6077-08.
A final site inspection conducted on 07/27/2022 resulted in site compliance and closure of
the land disturbance permit.
If any additional information is needed, please feel free to contact me.
Sincerely,
Iw
Rob Stewart,
Erosion Control Technician
Stormwater& Erosion Control Division
201 E. Main St., Fifth Floor
Durham, NC 27701
201 E. Main Street I Fifth Floor, Suite 561, Durham, North Carolina 27701
[phone] I Fax[phone] I dconc.gov
Equal Employment/Affirmative Action Employer

DURHAM
COUNTY Engineering and
13E0 Environmental Services
�t881�
SURETY RELEASE
July 29, 2022
Alta Davis Park Owner, LLC
1414 Raleigh Rd, Suite 429
Chapel Hill, NC 27517
Re: Davis Park East
JCN No. 6077-08
Performance Bond # K15395795
RETURN RECEIPT REQUESTED
CERTIFIED MAIL# 7014 3490 0000 8069 9660
To Financially Responsible Party,
An erosion control inspection performed on July 27, 2022 indicates that the
subject project is complete and all areas are permanently stabilized. Therefore, the
performance bond issued on June 25, 2020 in the amount of$80,800 is hereby released.
Contact me at phone number 919-560-0737 if you have any questions.
Sincerely,
Rob Stewart
Erosion Control Technician
Enclosure: Performance Bond
201 E. Main Street I Fifth Floor, Suite 561, Durham, North Carolina 27701
[phone] I Fax[phone] I dconc.gov
Equal Employment/Affirmative Action Employer

RECEIVED
RECEIVED
JUN 2 2 2023
STATE OF NORTH CAROL p�"��'1*'
INA cw�Ila e l0 F 1-MEET Bond No.K15395795
COUNTY OF DURHAM PERFO
RMANCE BOND
DATE OF EXECUTION: June 15,2020
NAME OF PRINCIPAL: Alta Davis Park
(FINANCIALLY RESPONSIBLE PAR Owner,LLC
NAME OFS �
SURETY: Federal Insurance Company
NAME AND ADDRESS
OF OBLIGEE: COUNTY OF DURHAM
Durham County Engineering Department
d o Sedimentation and Erosion Control Officer
120 East Parrish St., 1st floor
Durham,NC 27701
AMOUNT OF BOND: Eighty Thousand Eight Hundred and 00/100 Dollars
PROJECT NAME: Davis Park East-Sedimentation and Erosion (SEO,a00.00)
DURHAM NUMBER
COUNTY JOB CONTROL Control
: 6077-08
KNOW ALL MEN BY THESE PRESENTS
above-
named,
are held and firmly bound unto the above-named OBLIGEE,in the
THAT WE, the PRINCIPAL and S
nt
stated above for the payment of which sum well and ��stated for
pay successorspenal sum of the r heirs,
truly and be made, we firmly by these pour heirs,
and assigns,jointly severally,
T� CONDITION OF THIS OBLIGATION IS SUCH, if the PRINCIPALY, these presents.
perform and do all of the things agreed by him/it to be done and erfo
perf rm a and requirements the Cityt Lobe S m shall well and
perform accordingto truly
any Permit issued thereunder; the terms and
and shall also as well and Sedimentation and Erosion Ordinance,and
covenants, terms, conditions and agreements oftruly perform and fulfill all the undertakings,
Permit or Ordinance that mayany and all duly authorized modifications of said
hereby hereafter be made, notice of which modifications to the Surety
waived,then this obligation shall be null and void;otherwise to remain in
Whenever the Principal shall be, being
full force and virtue
Whenever
the Surety and declared by County to be,
shall promptly remedy the default or shall promptly:
under the Permit or
1• Comply with the Permit and Ordinance in accordance with its terms and conditions;or
2. Obtain a bid or bids for complying with the Permit and Ordinance
terms and conditions, and upon determination bySurety in accordanceeo with its
arrange for a contract between such bidder and Surety,
of the lowesl responsible bidder,
sufficient funds to pay the cost of completion•but of exceeding,available as work costseand
damages for which the Suretyg,including
g other v and
may be liable hereunder,the amount set forth above.
PRINCIPAL and SURETY hereby agree
perform land-disturbing services on this site between the termination
ation or modification of any contract to
ird party
shall not relieve said PRINCIPAL and SURETYPRINCIPAL or SURETY
of its obligations under this Performance and a 1Bond.
SE-21
Page 1 of 2
Rev 03/03

IN WITNESS WHEREOF,the above-bound parties have executed this instrument under
their several seals on the date indicated above,the name and corporate seal of each corporate party
being hereto affixed and these presents duly signed by its undersigned representative, pursuant to
authority of its governing body.
PRINCIPAL:
NAME: Alta Davis Park Owner,LLC(SEAL)
ADDRESS: 1414 Raleigh Road,Ste.429
Chapel Hill,NC 27517
TELEPHONE: [phone]
BY: Please see attached signature page
Authorized Signature of Individual or Officer
ATTEST:
Please see attached signature page
Name and Title
SURETY:
NAME: Federal Insurance Company (SEAL)
ADDRESS: 202B Hall's Mill Road
Whitehouse S ion,NJ 08889
TEL HONE: (2 5)640-1000•-
B •
Authorized Signature of Individual or Officer
Anett Cardinale,Attorney-in-Fact
ATTEST: Inquiries: [phone]
Nela Barnola,Surety Witness
Name and Title
Page 2 of 2

Signature Page for Bond K15395795
ALTA DAVIS PARK OWNER,LLC,a Delaware limited liability company
By:Alta Davis Park,LLC,a Delaware limited liability company, its manager
By: WS Davis,LLC,a Delaware limited liability company,its sponsor
By: WP North Carolina,LLC, a Delaware limited liability company,its manager
BY: tlA
Name: � e
Its: Q t e,( Fly sicLt vl+
Attes2,6„,
�
✓//r� l// ';I of
Name and Title

CHUBB'
Power of Attorney
Federal Insurance Company I Vigilant Insurance Company I Pacific Indemnity Company
Know All by These Presents,That FEDERAL INSURANCE COMPANY,an Indiana corporation,VIGILANT INSURANCE COMPANY,a New York corporation,and PACIFIC
INDEMNITY COMPANY,a Wisconsin corporation,do each hereby constitute and appoint Anett Cardinale,David H.Carr and Margaret A.Ginem of Tampa,Florida
each as their true and lawful Attorney-in-Fact to execute under such designation in their names and to affix their corporate seals to and deliver for and on their behalf as surety
thereon or otherwise,bonds and undertakings and other writings obligatory in the nature thereof(other than bail bonds)given or executed in the course of business,and any
instruments amending or altering the same,and consents to the modification or alteration of any instrument referred to in said bonds or obligations.
In Witness Whereof,said FEDERAL INSURANCE COMPANY,VIGILANT INSURANCE COMPANY,and PACIFIC INDEMNITY COMPANY have each executed and attested these
presents and affixed their corporate seals� on this 22i°day of August,2018. d-L.,..,
Pai_151 —Th. tt ��soxs( �v..Al
Dawn NI.Chloros.Assistant Secretary Stephen M.Haney.Vice President
•(4) 1094..—.. ( it) (*ct ilk, "Itl 1
STATE OF NEW JERSEY
County of Hunterdon ss.
On this 22'1 day of August,2018,before me,a Notary Public of New Jersey,personally came Dawn M.Chloros,to me known to be Assistant Secretary of FEDERAL INSURANCE
COMPANY,VIGILANT INSURANCE COMPANY,and PACIFIC INDEMNITY COMPANY,the companies which executed the foregoing Power of Attorney,and the said Dawn M.
Chloros,being by me duly sworn,did depose and say that she is Assistant Secretary of FEDERAL INSURANCE COMPANY,VIGILANT INSURANCE COMPANY,and PACIFIC
INDEMNITY COMPANY and knows the corporate seals thereof,that the seals affixed to the foregoing Power of Attorney are such corporate seals and were thereto affixed by
authority of said Companies;and that she signed said Power of Attorney as Assistant Secretary of said Companies by like authority;and that she is acquainted with Stephen M.
Haney,and knows him to be Vice President of said Companies;and that the signature of Stephen M.Haney,subscribed to said Power of Attorney is in the genuine handwriting of
Stephen M.Haney,and was thereto subscribed by authority of said Companies and in deponent's presence.
Notarial Seal , 4� KATHERINEJ.ACELAAR
(,T r.�F; NOTARY PUBLIC CF NEW JERSEY
a No.2310086 i
\ PU8Liiz Com Esptroa,hdy16,2019 Notary Public
4 �j
CERTIFICATION
Resolutions adopted by the Boards of Directors of FEDERAL INSURANCE COMPANY,VIGILANT INSURANCE COMPANY,and PACIFIC INDEMNITY COMPANY on August 30,2016:
"RESOLVED,that the following authorizations relate to the execution,for and on behalf of the Company,of bonds,undertakings,recognizances,contracts and other written commitments of the Company
entered into in the ordinary course of business(each a"Written Commitment"):
(1) Each of the Chairman,the President and the Vice Presidents of the Company is hereby authorized to execute any Written Commitment for and on behalf of the Company,under the
seal of the Company or otherwise.
(2) Each duly appointed attorney-in-fact of the Company is hereby authorized to execute any Written Commitment for and on behalf of the Company,under the seal of the Company or
otherwise,to the extent that such action is authorized by the grant of powers provided for in such person's written appointment as such attorney-in-fact
(3) Each of the Chairman,the President and the Vice Presidents of the Company is hereby authorized,for and on behalf of the Company,to appoint in writing any person the attorney-
in-fact of the Company with full power and authority to execute,for and on behalf of the Company,under the seal of the Company or otherwise,such Written Commitments of the
Company as maybe specified in such written appointment,which specification may be by general type or class of Written Commitments or by specification of one or more particular
Written Commitments.
(4) Each of the Chairman,the President and the Vice Presidents of the Company is hereby authorized,for and on behalf of the Company,to delegate in writing to any other officer of the
Company the authority to execute,for and on behalf of the Company,under the Company's seal or otherwise,such Written Commitments of the Company as are specified in such
written delegation,which specification may be by general type or class of Written Commitments or by specification of one or more particular Written Commitments.
(5) The signature of any officer or other person executing any Written Commitment or appointment or delegation pursuant to this Resolution,and the seal of the Company,maybe affixed by
facsimile on such Written Commitment or written appointment or delegation.
FURTHER RESOLVED,that the foregoing Resolution shall not be deemed to bean exclusive statement of the powers and authority of officers,employees and other persons to act for and on behalf of
the Company,and such Resolution shall not limit or otherwise affect the exercise of any such power or authority otherwise validly granted or vested:
I,Dawn M.Chloros,Assistant Secretary of FEDERAL INSURANCE COMPANY,VIGILANT INSURANCE COMPANY,and PACIFIC INDEMNITY COMPANY(the"Companies")do hereby
certify that
(i) the foregoing Resolutions adopted by the Board of Directors of the Companies are true,correct and in full force and effect,
(ii) the foregoing Power of Attorney is true,correct and in full force and effect.
Given under my hand and seals of said Companies at Whitehouse Station,NJ,this June 15, 2020.
(40
�a.• Dawn tl.Chloros.Assistant Secretor?
IN THE EVENT YOU WISH TO VERIFY THE AUTHENTICITY OF THIS BOND OR NOTIFY US OF ANY OTHER MATTER,PLEASE CONTACT US AT:
Telephone[phone] Fax[phone] e-mail:suro::@chubb.com
FED-VIG-PI(rev.08-18)