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Heritage Square Menifee, LLC Faithful Performance Bond PM37624-1 800047307FOR: Streets / Drainage $ Flood Control $ Water System $ Rec. Water $ Sewer System $Total $ FAITHFUL PERFORMANCE BOND CITY OF IVIENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) 1,385,000.00 City/State [Vlurrieta CA Project tVlcCall Sq uare PM37 624-1 0.00 Other Proj. Ref tP19-019 160,500.00 Bond No. 800047307 39 000.00 Premium $ 35,030.00 167,000 00 1,751,500.00 Surety Atlantic Specialty lnsurance Company Principal Heritaqe Square lVenifee, LLC Address 605 Hiqhwav 169 North, Suite 800 Address 41391 Kalmia Street, Ste 200 City/State Plymouth, IVN Zip code Phone 55441 Zip 92562Phone (951\ 200-2376 WHEREAS, the City of l/enifee, State of California, an d Heritaqe Square Menifee, 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 above designated public improvements relating to tP19-019 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 Atlantic Specialty lnsurance Company , as surety, are held and firmly bound unto the City of lVenifee in the penal sum of One Million Seven Hundred Fifty One thousand Five Hundred and no/100, Dollars, $1.751.500.00 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 lVenifee, 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. 952 852-2431 6taY os,t MENIFEE \/ FAITHFUL PERFORMANCE BOND 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. 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 for the one-year maintenance period provided for in the agreements(s). lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on lVlav 8 2020 NATME OF PRINCIPAL Heritaqe Square Menifee, LLC AUTHORTZED STGNATU RE(S) NAIVE OF SURETY AUTHORIZED SIGNATURE ni I L,n(r) i1 r\ana5er (rF coRPoRATrON, AFF|X SEAL) Atlantic Specialty nsurance Company T ( By Its Attorney-in-Fact Title (tF coRPoRATlON, AFFrX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY- IN-FACT. pr'fv os J MENIFEE /I CALIFORNIA ALL. PURPOSE CERTIFICATE OF 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 Kentuckv ) County of Jefferson On May 8,2020 before me,Theresa Pickerrell N ) personally appeared Brook T. Smith, Attorney-ln-Fact 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/s,he/they executed the same in his/lrcr/their authorized capacity(ies), and that by his/her/their 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 *dl Notary Public Signature Notary lD #: 633720 (Notary Public Seal) commission res 1O12612023 -o ADDITIONAL OPTIONAL INFORMATION DESCRIPTION OF THE ATTACHED DOCUIMENT (Title or description of attached document) (Title or description of attached document continued) Number of Pages _ Document Date__ INSTRUCTIONS FOR COMPLETING THIS FORM Thi.s.lbrm contplies lrtlh currenl (-ulilornia slutul?s rcgurding nolor.r' rording uttd. r./ nceded, shotrld ba completed und uttat'hed to lltt dotuntenl. .lcknottledgmcnls Jiotn other states may be completed.fbr document.s being senl to that statc so long as the wording does not require rhe Cali.fornia nolary lo violate Californio notar.t' latt.. State and County intbnlatlon must be the State and County where the docunrcnt signer(s) personally appeared betbre the notary public tbr acknowledgnent.. Date ol'notarizatron must be the date that the signer(s) personally appeared whrch nrust also be the same date the acknowledgment is completed. The notary public must print his or her name as it appears within his or her ct-rrrrmission fblloued by a comnra and tlren 1"our trtle (notar) publrc).. l)rint the name(s) ol-docunrent signer(s) who personally appear al the tirrrc ol' notarizat ion. o lntlicatc the conect singular or plural tbrnrs bv crossing ou'incorrect lbnns (r.c he/she/theyr is /i*e ) or circling the correct lirrms. l"ailure to corrcctl! rndicate this inlbnnation may lead to re.jection of document recording. . -lhe notary seal impression must be clear and photographically reproducrble. Inrpression must not cover text or lines. lfseal impressron smudges, re-seal iia sufilcient area permits, otherwise complete a ditferent acknowledgment fbrm. . Signature of the notary public must match the signature on flle with the of'fice of' the county clerk..!. Additronal rntbrmation is not required hut could help to ensure this acknowledgment is not misused or attached to a diU'erent docunrent.* lndicate title or type ol'attached docunrcnt. nunrber ofpages and datc..l lndicate the capacitl clainred by the srgner Il'the clairred capacitl rs a corporate ofllcer. indicate the title (i.e. C'EO. C'FO, Secretary). o Sccurcly attach this docunrent to the signed docurnent with a staple. CAPACITY CLAIMED BY THE SIGNER n lndividual (s) ! Corporate Officer -----trllef Partne(s) Attorney-in-Fact Trustee(s) Other tr E n tr (Here insert name and lrtle of the offrcer) OneBeacon KNOW ALL MEN BY THESE PRESENTS, that ATLANTIC SPECIALTY INSURANCE COMPANY, a New York corporation with its principal office in Plymouth, Minnesota, does hereby constitute and appoint: Brook T. Smith, James T. Smith, Raymond M. Hundley, Jason D. Cromwell, James H. Martin, Deborah S. Neichter, Michele D. Lacrosse, each individually if there be more than one named, its true and lawful Attomey-in-Fact, to make, execute, seal and deliver, for and on its under this authority shall exceed in amount the sum of: sixty million dollars ($60,000,000) and the execution of such bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof in pursuance of these presents, shall be as binding upon said Company as if they had been fully signed by an authorized officer of the Company and sealed with the Company seal. This Power of Attomey is made and executed by authority of the following resolutions adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012: Resolved: That the President, any Senior Vice President or Vice-President (each an "Authorized Officer") may execute for and in behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and affix the seal of the Company thereto; and that the Authorized Officer may appoint and authorize an Attorney-in-Fact to execute on behalf of the Company any and all such instruments and to affix the Company seal thereto; and that the Authorized Officer may at any time remove any such Attorney-in-Fact and revoke all power and authority given to any such Attomey-in- Fact. Resolved: That the Attorney-in-Fact may be given full power and authority to execute for and in the name and on behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and any such instrument executed by any such Attorney-in-Fact shall be as binding upon the Company as if signed and sealed by an Authorized Officer and, further, the Attomey-in-Fact is hereby authorized to verify any affidavit required to be attached to bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof. This power of attorney is signed and sealed by facsimile under the authority of the following Resolution adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012: Resolved: That the signature of an Authorized Officer, the signature of the Secretary or the Assistant Secretary, and the Company seal may be affixed by facsimile to any power of attomey or to any certificate relating thereto appointing an Attomey-in-Fact for purposes only of executing and sealing any bond, undertaking, recognizance or other written obligation in the nature thereof, and any such signature and seal where so used, being hereby adopted by the Company as the original signature of such officer and the original seal of the Company, to be valid and binding upon the Company with the same force and effect as though manually affixed. IN WITNESS WHEREOF, ATLANTIC SPECIALTY INSURANCE COMPANY has caused these presents to be signed by an Authorized Officer and the seal of the Company to be affixed this twenty-ninth day of April, 2019. IN o "gSP0R42""SEALI r 986 '64, y6o+. By STATE OF MINNESOTA HENNEPIN COUNTY This Power of Attorney expires January 31, 2023 Paul J. Brehm, Senior Vice President On this twenty-ninth day of April, 2019, before me personally came Paul J. Brehm, Senior Vice President of ATLANTIC SPECIALTY INSURANCE COMPANY, to me personally known to be the individual and officer described in and who executed the preceding instrument, and he acknowledged the execution of the same, and being by me duly sworn, that he is the said officer of the Company aforesaid, and that the seal affixed to the preceding instrument is the seal of said Company and that the said seal and the signature as such officer was duly affixed and subscribed to the said instrument by the authority and at the direction of the Company. V * Notary Public I, the undersigned, Secretary of ATLANTIC SPECIALTY INSURANCE COMPANY, a New York Corporation, do hereby ceftify that the foregoing power of attorney is in full force and has not been revoked, and the resolutions set fonh above are now in force. signed and seated. Dared-Bt h- aay or IYIA\ . 2Q?.o q4'- I 9 or eB!te* "oslV Christopher V. Jerry, Secretary ffi MANDALY ANN I.AMERE NOTARYPUBUC MINNESOTA My CommBsim Expires January3l 2023 tid N5 CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT ctvtl coDE 51189 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 On before me, Dote lnsert Nome ond Title of Officer ) personally appeared )n,,tc L 1-t **n*nTN"*"(t).f slsr"r(t) who proved to me on the basis of satisfactory evidence Q be the personp)'wh ose name!,slf7are subscribed to the within instrument and acknow!99geO tb me that@she/they execuied the same ir@lherltheir authorized capacity(ies), and that by@j/her/their signaturepfon the instrument the person(gf or the entity upon behalf of which the person(gldcted, executed the instrument. @ ctNDY R. Sr nH Notary Public - Glifornia Riverside County Commission I 2257165 I'ly Comm. Erpires Aug ?.1, 7027. I certiflT under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and seal Sign of Notory PublicPloce Notory Seol ond/or Stomp Above Completing this froudulent Description of Attached Document Title or Type of Document: Document Date Signe(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name tr Corporate Officer - Title(s): tr Partner- D Limited D General tr lndividual E Trustee tr Attorney in ct n Guardian tr Other: Signer is Representing: OPTIONAL con deter olterotion of the document or of this form to on unintended document. Number ofPaoes: ner's Name: rate Officer - Title(s):er- tr Limited o Generaldual n Attorney in Fact Other: tr tr tr tr Si @2017 National Notary Association gner is Representing o Guardian of Conservator