Pardee Homes Faithful Performance Bond TM32277 PB3010403626FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS AND / OR EROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR GRADING:
Precise Grading
Erosion Control
WQMP
Landscape
Total
714.000.00
919,500.00
367.000.00
0.00
Tract Map 32277
Other Project No GP14-001
Bond No.
Premium
P8030't0403626
$8.002.00
Principal Pardee Homes
1250 Corona Pointe, Suite 600
$
$
$
$
$2,000,500.00
Surety Philadelphia lndemnitv lnsurance Companv
Address 251 S. Lake Avenue. Suite 360 Address
City/State Pasadena. CA City/State Corona, CA
zip code 91105 zip 92879
Phone 626-639-1321 Phone 951-428-4435
WHEREAS, the City of Menifee, State of California, and Pardee Homes
(hereinafter designated as "principal") have entered into, or are about to enter into, the attached
agreement(s) whereby principal agrees to install and complete the above designated grading project,
related to (Tract) WI7, which agreement(s) is/are hereby referred to and made a part hereof; and,
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for the
faithful performance of said agreement(s);
NOW, THEREFORE, we the principal and Philadelphia lndemnitv lnsurance Companv , as surety,
are held and firmly bound unto the City of Menifee in the pena I sum of Two Million Five Hundred
and no/100 , Dollars ($ 2.000.500.00 ) laMul 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 fullforce 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.
9l8lts
t:
FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS AND OR/EROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
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 anyruise 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.
When the work covered by the agreement is complete, the City of Menifee will accept the
work and thereupon, the amount of the obligation of this bond is reduced by 90% with the
remaining 10% held as security Until the California Regional Water Quality Control Board
issues a Notice of Termination.
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on January 6 , 2017
NAME OF PRINCIPAL: Pardee Homes
AUTHORTZE D STGNATU RE(S):
By:
Na
TiflE: V
(tF coRPoRATlON, AFFTX SEAL)
NAME OF SU phia I nity lnsurance Company
AUTHORIZED SIG nt
Its ttorney-in-Fact Title
(rF coRPoRATlON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
S€ff Cnombc( sv 6nmuntt4 Aew@*n1-
9t8t1s
GALIFORI{IA ALL-PURPOSE ACKIIOWLEDGTENT clvlL coDE s 1189
t
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 10,2017 before me,Ana E. Chavez Perez . Notarv Public
Date
personally appeared
Here lnsert Name and Title of the Officer
Jeff Chambers
Name(s) of Signer(s)
who proved to me on the basis of satisfactory evidence to be the personft) whose name(1) is/nra
subscribed to the within instrument and acknowledged to me that heloherthr executed the same in
hislbor{thetr authorized capacity(iiar), and that by hislMtlxt0r signature(p)on the instrument the person(9),
or the entity upon behalf of which the person(6) 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 officialseal
ANA E. CHAVEZPEREZ
NOTARY PUBLIC. CALIFORNIA
coMMtSStoN * 21077V2
RIVERSIDE COUNTY
My Comm. Exp. April ,g.z0te Signature
Place Notary Seal Above
Though thrs section is optional, completing this information can deter alteration of the document or
fraudulent reattachment of this form to an unintended document.
Description of Attached Document
Title or Type of Document:
Document Date:Number of Pages
Signer(s) Other Than Named Above:
Capacity(ies) Glaimed by Signer(s)
Signer's Name Signer's Name:
flCorporate Officer - Title(s)E Corporate Officer - Title(s):
sig
E Partner - tr Limited E General
tr lndividual tr Attorney in Fact
E Trustee E Guardian or Conservator
E Partner - tr Limited E General
tr lndividual E Attorney in Fact
E Trustee ! Guardian or Conservator
E Other:tr Other:
Signer ls Representing:Signer ls Representing:
'
02015 National Notary Association . www.NationalNotary.org ' 1-800-US NOTARY (1-800-876-6827) ltem #5907
)
)
ffi
ALL. PURPOSE
CERTIFICATE OF ACKNOWLEDGM ENT
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
on JAI{06201,before me,
)
)
Brianne Davis, Notary Public
{ffi rnaetr Erc ano tIE
personally appeared Janina Monroe
who proved to me on the basis of satisfactory evidence to be the person(gi whose
name$) is/Un subscribed to the within instrument and acknowledged to me that
hc/she/ftpy executed the same in his/her/thstr authorized capacity(iirrX and that by
his/her/lhsir signature{of on the instrument the person(d, or the entity upon behalf of
which the person{of acted, executed the instrument.
I certiff under PENALTY OF PERJURY under the laws of the State of California that
the foregoing paragraph is true and correct.
WITNESS my hand and officialseal (.,I
NAME DAVIS
Commlrdon No. 2011152
NOTARY PUBLIC.CALIFORNIA
ORANGE COUNTY
My Comm. Erpir.l ApRtL 1, 2Ol7
2oo
(Notary Public Seal)
ADDITIONAL OPTIONAL INFORMATION
DESCRIPTION OF THE ATTACHED DOCUMENT
ol
(TiUe or of contrnued)
NumberofPage, I Document ortel /U1t7
2015 Vcrsiorr v,t.rw Noiar;llasges.corn toj A73.9bb5
INSTRUCTIONS FOR COMPLETING THIS FORM
This fonn complics vith curenl Caltlontio statutes regarding nolaq, t'ording and,
d necdcd, should be contpleted and anached to the docuntent. Acknol*edgents frontolhcr slates nn) be conpletcd for documenls being sarl to lhat state so long as lhe
vording does not require the Calilornio notaty to liolate Colitomia notary lor.
r Statc and County rnfonnatlon must be the Strte and County where the document
signer(s) personally appcared before the noury prblic for acknowledgment.o Date ofnotarization musl be the date that the signer(s) personally appeared which
must also be the same date the achowledgnent is cornpleted.. The trotary public mus print his or her name as it appears within his or her
commission followed by a comma and lhcn your titlc (notsry public).
o Print the nam{s) of docunenl sigrrer(s) who personally appear at the time of
notarizstion.. lndicate thc corr€ct singular or plural fonns by crossing olT inconcct fonns (i.e.
htr'shc/Sqt- is /ae ) or circling the correc( forms. Failure to correclly indicatc this
information rnay lead to rcjcction ofdocumcnt recording.r 'lhe notarY scal imprcssion musl be clear and phorogmphically reFoduciblc.
hupression musl not cover lexl or lincs. lf seal irnpression smudgcs. re-scal if a
sufficieal area pennits, otherwise complae o different acknowledgment fonn.. Signanrre of the notary public must match the signahrrc on file with thc officc of
thc county clcrk..& Additional information is not required but could help to cnsurc this
aclnowledgmeot is not misused or attached to a differ€nt docunenl-* lndicare title or q/pc o{ attached docunent, nurnbcr ofpages and date..i lndicate thc capaoity claimed by the signer. tf the claimed capacity is a
co4rorat€ officer, indicat the dtlc (i.e. CEO, CFO, Secreury).o Sccurcly atlach lhis document to lhe signed docurnenr with a staple
CAPACIW CLAIMED BY THE SIGNERtr lndividual(s)tr Corporate Officer
(Title)tr Partne(s)
m Attomey-in-Fact
D Trustee(s)n Other
County of Oranqe
4763
PHILADELPIIIA INDEMNITY INSURANCE COMPANY
231 St. Asaph's Rd., Suite 100
Bala Cynwyd, PA I 9004-0950
Power of Attorne)'
KNOW ALL PERSONS BY T'llESE PRESENTS: that PHILADELPHIA INDEMNITY INSURANCE COI\{PANY (the Cornpany), a corporation organized and
existing undcr the laws of the Comnronwealth of Pennsylvania, does hereby constitute and appoint: JANINA MONROE, THOMAS C. MCCALL, l'IMOTHY .1.
NOONAN AND MICHELLE IIAASE OF LOCKTON COMPANIES, I-LC
Its true and lawful Attomey(s) in fact with full authonty to execute on its behalf bonds, undertakmgs, recognizances and other contracts of indemity and writurgs
obligatory in the nature thereof, issued in the course of its business and to bind the Cornpany thereby, in an alnounl not to exceed $25.000.000.00
This Power of Attomey is granted and is signed and sealed by facsirnile under and by the aulhonty of the following Resolution adopted by the Board of Directors of
PHILADELPHIA INDEMNITY INSURANCE COMPANY at a rneeting duly called the I " day of July, 201 l.
RESOI,VED:That the Board of Directors hereby authonzes the President or any Vice President ofthe
Company to: (l) Appoinl Attomey(s) in Fact and authorize the Attomey(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 Cornpany
thereto; and (2) to remove, at any time, any such Attomey-in-Fact and revoke the
authority given. And, be it
FURTHER
RESOL\/ED:That the signatures of such officers and the seal of the Company may be affixed to any
such Power of Attomey or certificate relating thereto by facsunile, and any such Power oi
Attomey so executed and certified by facsirnile signatures and facsirnile seal shall be
valid and biding upon the Cornpany in the future with the 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 7]I' DAY OF FEBRUARY 20I3.
(Scal)
Robert D. O'Learv Jr., President & CEO
Philadelphia [ndernnity lnsurance Cornpany
On this l0'r'day ofJune 2013, before rne carne the individual who execuled the precedrng instrument, to me personally known, and being by rne duly sworn said that he
is the t}erern described and authorized officer of tlre PHILADELPHIA INDEMn-ITY INSURANCE COMPANY; thal the seal aflixed to said instrurnent is the
Corporate seal ofsaid Company; thal the said Corporate Seal and his signature were duly affixed.
(Notary Seal)
Notary Public:
residing at:
My comrnission expires:
Bala Cvnwvd. PA
Deccnrher I 8. 20 I 6
I, Craig P. Keller, Executive Vice President, Chief Financial Officer and Secretary of PHILADELPHIA INDEMNITY INSURANCE COMPANY, do herby certiry that
the foregoing resolution ofthe Board ofDirectors and this Power ofAttorney issued pursuant thereto are true and correct and are still in full force and effect. I do
further certily that Robert D. O'Leary Jr., who executed the Power of Attorney as President. uas on the date olexeculion of the attached Power of Attorney the duly
elected President of PHILADELPHIA INDEMNITY INSURANCE CoMPANY, J At{ 0 6 201?
In Testirnony Whereof I have subscribed my name and affixed the fhcsirnile seal of each Company this
-day
of
-
Z0-.
Craig P. Keller, Executive Vice President, Chief Financial Oflicer & Secretary
PHILADELPHIA INDEMNITY INSURANCE COMPANY
fidcii A. x6Bri.tublc cw