KB Home Coastal, Inc. Faithful Performance Bond TM30142-2 30029021 ***Executed in Triplicate***
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!' ` EN,FE \` Community Development Department
FAITHFUL PERFORMANCE BOND
FOR
MODEL HOME COMPLEX
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR LANDSCAPE:
1-Year Maintenance $ e001 Q0 Tract/Parcel Map30142-2
Other Project No. _
Total $ ,z 6el�ZQ Bond No. 30029021
Surety The Continental Insurance Company Principal KB Home Coastal Inc,.
Address 1455 Frazee Rd., Suite 300 Address 36310 Inland Valley Drive
City/State San Diego, CA City/State Wildomar, CA
Zip code 92108 Zip 92595
Phone 619-682-3515
WHEREAS, the City of Menifee, State of California, and, KB Home Coastal Inc.
(hereinafter designated as "principal") have entered into, or are about to enter into, the attached
agreement(s) whereby principal agrees to install and complete the above designated landscape
project, related to (Tract/Parcel)30142-2, which agreement(s) is/are hereby referred to and made a part
hereof; and,
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for the
faithful performance of said agreement(s);
NOW, THEREFORE, we the principal and The Continental Insurance Company , as surety, are
held and firmly bound unto the City of Menifee in the penal sum of Thirty-one thousand, Dollars_
31 000 lawful money of the United States, for the payment of which sum will and truly be made, we
bind ourselves, our heirs, successors, executors and administrators,jointly and severally, firmly by
these presents.
The condition of this obligation is such that if the above bonded principal, his or its heirs, executors,
administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep
and perform the covenants, conditions and provisions in the said agreement and any alteration thereof
made as therein provided, on his or their part, to be kept and performed at the time and in the manner
therein specified, and in all respects according to their true intent and meaning, and shall indemnify
and save harmless the City of Menifee, its officers, agents and employees, as therein stipulated, then
this obligation shall become null and void; otherwise, it shall remain in full force and effect.
As a part of the obligation secured hereby and in addition to the face amount specified therefore, there
shall be included costs and reasonable expenses and fees, including reasonable attorney's fees,
incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in
any judgment rendered.
GTr r
MENIFEE
FAITHFUL PERFORMANCE BOND
-- FOR
LANDSCAPE IMPROVEMENT AGREEMENT
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of this agreement or to the work to be performed there under or the
specifications accompanying the same shall in anywise affect its obligation on this bond, and
it does hereby waive notice of any such change, extension of time, alteration or addition.
Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and
commencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on January 25th 2018
NAME OF PRINCIPAL: KB Home Coastal Inc.
AUTHORIZED SIGNATURE(S):
1
ame: S� 1-t Gts �t
Title: YlGihnIY.J
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: The C ti ental Insurance Company
AUTHORIZED SIGNATURE: Brenda Wong,Attorney-in-Fact
t rney-in-Fact V Title
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the individual
who signed the document, to which this certificate is attached, and not the truthfulness, accuracy,
or validity of that document.
State of California
County of Riverside
On January 26, 2018 before me, Brittney Lobo, Notary Public,
personally appeared Scott Hansen, who proved to me on the basis of
satisfactory evidence to be the persons) whose name(s) is/a-r-e subscribed
to the within instrument and acknowledged to me that he/chi
executed the same in his/he4theif authorized capacity(ies), and that by
his/her his/he4the# signature(s) on the instrument the person(s), or the entity
upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of
California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
BRIUNEY LOBO
Notary Public-California Z
Z Riverside Ccuntv >
] Commission=2219518
�' � My Comm.Expires Oct 22.2021 LL
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J+w��
Bri y Lobo (SEAL)
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE §1189
A notary public or other officer completing this certificate verifies only the
identity of the individual who signed the document to which this certificate is
attached,.and not the truthfulness, accuracy, or validity of that document.
State of California
County of Los Angeles
JAN 2 5 Z�018
On before me, M. Gonzales, Notary Public,
personally appeared Brenda Wong who proved to me on the basis of
satisfactory evidence to be the person(-,) whose name(-,) is/aye-subscribed to the
within instrument and acknowledged to me that 4e/she/#aey executed the same
in 4+s/her/th-,-_ authorized capacity4&s4, and that by 4+&/her/theiF-signature(-,) on
the instrument the person(-,), or the entity upon behalf of which the person(-,)
acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that
the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
(seal) Signature
M.GONZALES M. Gonzales, otary Public
Notary Public-California
Los Angeles County '>
why '" Commission#2213628
My Comm.Expires Oct 5,2021
POWER OF ATTORNEY APPOINTING INDIVIDUAL ATTORNEY-IN-FACT
Know All Men By These Presents,That The Continental Insurance Company,a Pennsylvania insurance company,is a duly organized and existing
insurance company having its principal office in the City of Chicago,and State of Illinois,and that it does by virtue of the signature and seal herein
affixed hereby make,constitute and appoint
Tenzer V Cunningham,Brenda Wong,Kari Davis,Martha Gonzales,Individually
of Los Angeles,CA,its true and lawful Attomey(s)-in-Fact with full power and authority hereby conferred to sign,seal,and execute for and on its behalf
bonds,undertakings and other obligatory instruments of similar nature
-In Unlimited Amounts-
and to bind them thereby as fully and to the same extent as if such instruments were signed by a duly authorized officer of the insurance company and all
the acts of said Attorney,pursuant to the authority hereby given is hereby ratified and confirmed.
This Power of Attorney is made and executed pursuant to and by authority of the By-Law and Resolutions,printed on the reverse hereof,duly
adopted,as indicated,by the Board of Directors of the insurance company.
In Witness Whereof,The Continental Insurance Company has caused these presents to be signed by its Vice President and its corporate seal to be
hereto affixed on this 14th day of June,2017.
The Continental Insurance Com an. �wSpR•. P y
'Z Boa O;
"�"'•+• Paul V Bruflat
Vice President
State of South Dakota,County of Minnehaha,ss:
On this 14th day of June,2017,before me personally came Paul T.Bruflat to me known,who,being by me duly sworn,did depose and say: that he
resides in the City of Sioux Falls,State of South Dakota;that he is a Vice President of The Continental Insurance Company,a Pennsylvania insurance
company,described in and which executed the above instrument;that he knows the seal of said insurance company;that the seal affixed to the said
instrument is such corporate seal;that it was so affixed pursuant to authority given by the Board of Directors of said insurance company and that he
signed his name thereto pursuant to like authority,and acknowledges same to be the act and deed of said insurance company.
J.MOHR
(�SEAL)NOTARYFU=LIC i,
`�SOUTH DAKOTA SE/:L
My Commission Expires June 23,2021 J. Mohr Notary Public
CERTIFICATE
I,D.Johnson,Assistant Secretary of The Continental Insurance Company,a Pennsylvania insurance company,do hereby certify that the Power of
Attorney herein above set forth is still in force,and further certify that the By-Law and Resolution of the Board of Directors of the insurance company
printed on the reverse hereof is still in force. tRtili$y2lteof I have hereunto subscribed my name and affixed the seal of the said insurance
company this day of
•;�p.LSU*•• The Continental Insurance Company
••••�"�"'••• D.Johnson Assistant Secretary
Form F6850-4/2012