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Sutter Mitland 01, LLC Faithful Performance TM36485-11 1001090372 8 S`~ [t. ENIFE �f Community Development Department FAITHFUL PERFORMANCE BOND FOR RECREATION FACILITIES, LANDSCAPE AND IRRIGATION IMPROVEMENT AGREEMENT CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR LANDSCAPE: Tract Map 36485-11 Planning Area 10 Other Project No. PP 2017-284 Total $ 30,357.60 Bond No. 1001080372/TCS0171718 Surety U.S.Specialty Insurance Company Principal Sutter Mitland 01,LLC Address 601 S.Figueroa Street,Suite 1600 Address 3200 Park Center Drive, Suite 1000 City/State Los Angeles,CA City/State Costa Mesa, CA Zip code 90017 Zip 92626 Phone 1-800-284-4627 WHEREAS, the City of Menifee, State of California, and, Sutter Mitland 01, LLC(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 described landscape installation along Yerba Drive within TR 36485-11. The principal agrees to install and maintain all landscape and any additional landscape materials, related to (Tract/Parcel) 36485-11 Yerba Drive HOA Landscape Area 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 U.S. Specialty Insurance Company as surety, are held and firmly unto bound the City of Menifee in the penal sum of Thirty Thousand Three Hundred Fifty-Seven ----------------60/100 Dollars ($30.357.60) 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. -MENIFEE FAITHFUL PERFORMANCE BOND FOR RECREATION FACILITIES, LANDSCAPE AND IRRIGATION 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 February 15th 2018 NAME OF PRINCIPAL: Sutter Mitland 01, LLC AUTHORIZED SIGNATURE(S): By: Name: Title: DAVID E. BARTLETT Vice President (IF CORPORATION, AFFIX SEAL) NAME OF SURETY: U.S. Specialty Insu ance Company AUTHORIZED SIGNATURE: /yJ2"-8a�,/" i1rie-Baily, Attorney' F t (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT. CERTIFICATE OF ACKNOWLEDGEMENT OF NOTARY PUBLIC STATE OF Connecticut COUNTY OF Hartford On February 15, 2018 before me, Tyler Undercuffler a notary public, personally appeared Julie Baity who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that be his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed this instrument. I certify under PENALTY OF PERJURY under the laws of the State of Connecticut that the foregoing paragraph is true and correct. WITNESS my hand and official seal (Signatu'r'e of Notary Public) Tyler Undercuffier Notary Public,State of Connecticut My Commission Expires Sep.30,2022 POWER OF ATTORNEY AMERICAN CONTRACTORS INDEMNITY COMPANY U.S.SPECIALTY INSURANCE COMPANY KNOW ALL MEN BY THESE PRESENTS: That American Contractors Indemnity Company, a California corporation, and U.S. Specialty Insurance Company,a Texas corporation(collectively,the"Companies"),do by these presents make,constitute and appoint: Julie Baily,Matthew J.Beernaert,Jason Hilby or Brian J.Steele of Farmington,Connecticut its true and lawful Attorney(s)-in-fact,each in their separate_capacity if more than one is named above, with full power and authority -_ hereby conferred in its name,place an"llddfto ex-ecute,acIdi6wledge and deliver any and all bonds, recognizances, undertakings or other instruments or contracts of3adtyship WAdblutle riders, amendments, and consents of surety, providing the hond penalty does not exceed ******Seventy Five Million****** Dollars ($ *75,000,000.00* ). This Power of Attorney shall expire without further action on November 3,2019. This Power of Attorney is granted under and by authority of the following resolutions adopted by the Boards of Directors of the Companies: Be it Resolved, t tat the President,any Vice-President,any Assistant Vice-President,any Secretary or-any Assistant Secretary shall be and is hereby vested with full power and authority to appoint any one or more suitable persons as Attomey(s)-in-Fact to represent and act for and on behalf of the Company subject to the following provisions:- Attorney-in-Fact may be given full power and authority for and in the name of and on behalf of the Company,to execute,acknowledge and deliver,any and all bonds, recognizances, contracts, agreements or indemnity and other conditional or obligatory undertakings, including any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts, and any and all notices and documents canceling or terminating the Company's liability thereunder,and any such instruments so executed by any such Attomey-in-Fact shall be binding upon the Company as if signed by the President and scaled and effected by the Corporate Secretary. Be it Resolved, that the signature of any authorized officer and seal of the Company heretofore or hereafter affixed to any power of attorney or any certificate relating thereto by facsimile,and any power of attorney or certificate bearing facsimile signature or facsimile seal shall be valid and binding upon the Company with respect to any bond or undertaking to which it is attached. -- IN WITNESS WHEREOF,The Companies have caused this instrument to be signed and their corporate seals to be hereto affixed, this 1 st day of November,2016. - AMERICAN CONTRACTORS INDEMNITY COMPANY U.S.SPECIALTY INSURANCE COMPANY Corporate Seals lSaper0;Ps11, 1',4insura. : C, INCORPORATED y_ =(/jj m= BY SEPT.25,1990 :<� • -� �T �4,• ::o s Daniel P.Aguilar-,Vice President CgLjFORN�p,O``` 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 tnrthfitlness,accuracy,or validity of that document. State of California County of Los Angeles SS: On this 1 st day of November,2016, before me,Sabina Morgenstein,a notary public, personally appeared Daniel P.Aguilar,Vice President of American -Contractors Indemnity Company and U.S.Specialty insurance Company who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity,and that by his 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. SABINA MORGENSTEIN Commission# 2129255 - Signature (Seal) Notary Public-California Los Angeles County _- =- My Comm.Expires Noy 3,2019 I,Kio Lo,Assistant Secretary of American Contractors Indemnity Company and U.S.Specialty Insurance Company,do hereby certify that the above and foregoing is a true and correct copy of a Power of Attorney,executed by said Companies,which is still in full force and effect;furthermore,the resolutions-of them o s--of Directors,set out in the Power of Attorney are in fiill force and effect. In Witness Whereof,1 have hereunto set my hand and affixed the seals of said Companies at Los Angeles,California this 10 day of q?!_!SMA RpCT.)q 1ns,,. Corporate Seals _:' wcORPO,-199 -C_ SEPT.zs�9so -c �:• Y Bond No. �ooa r o3 7� gb S Kio Lo,AssistantlS&Mary Agency No. 9016 �q"Fofld�P ,,,,. - Tn inns tiro ohnl It Chic hnnrl nionea Writn in I to of eI iroty-h—Linni iinJnlhnn nnm A notary public or other officer completing this certificate verified 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 ) ss. COUNTY OF 01�12-, ) On M,Cur-0/l `t 2018,before me, Notary Public,personally appeared who proved to me on the basis of satisfactory evidence to be the person¢t)whose name(-&} is/are subscribed to'the within instrument and acknowledged to me that he/sheARey/executed the same in hiss authorized capacity(-ies)and that by his/hen4heir signature(s)on the instrument the person(-,), or the entity upon behalf of which the person4acted, 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. �MEAGAN KNECHT comet.#E2117799 tin OPMOE Notary Pub 'c Corm. JM 29 2019