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Mar 05 03 12:02p <br />Mar 04 03 04:55p <br />Jart-20-03 12:02 <br />• <br />From -TOWN 6 C(X RY INSURANCE <br />... : . w n - C r + r. t - r . <br />November 18, 2002 <br />William L. Helm <br />Horizon Residential. Inc. <br />2525 South Shore Blvd. <br />.Suite 407 <br />League City, TX 77573 <br />7114642614 7-442 P.01/01 T-301 <br />Ky: Bonding RequirementsiCity of La Porte Via Fax 281-334-2066 <br />Dear Bill. <br />1 have been in contact with all of our bonding carriers in regard to this requirement from <br />the City of La Porte. The carriers consider this a form of a subdivision maintenance bond <br />and have no interest in underwriting tlris bond. They declined die to size of the bond, <br />term of the bond and type of bond among many other reasons. We have access to every <br />major bonding carrier but it seems that no one has any interest in pursuing this particular <br />request nor had they ever seen a similar situation where this vas required before. All of <br />the carriers contacted staled that no bond of this type would be available at any cost with <br />ory carrier unfortunately. <br />1 apologize that we were uriable to help in :his situation but if 1 can be of further <br />assistance in another tnbtior please let me know. <br />Sincerely, <br />L ophar E. ng, CPCTJ CIC <br />057:s rc.,ty P!6:wuy. 3uue 110. r+0�••1• r�•T4rnl. 77024 t':J.401.SyT8 prone 717.4o4.1674 ioa w.ww.low!s:.rurcgbnUy.!n.OL*% <br />