Golden Star Investment Properties, LLC Faithful Performance Bond PM36299-1 41429057Community Development Department
FAITHFUL PERFORMANCE BOND
FOR
LANDSCAPE AND IRRIGATION IMPROVEMENT AGREEMENT
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR LANDSCAPE:
'1-Year of Maintenance $ gr334.OO TracUParcel Map No. pp36299-l
Total Cost Estimate: $ SSTSOO.OO Project No.PLNI9.OO82 - MENIFEE
PLAZA LANDSCAPE PLAN
The fol lowino to be comoleted bv the Aoolicant:
Surety: pLATTE RtvER TNSURANCE coMpANy Principal: GoLDEN srAR TNVESTMENT pRopERTtES, LLC.
Address: 2121 N. Ctaifornia Btvd #300 Address: 4040 MacArthur Btvd, Suite 309
Zip Code: s4s96 Zip Code: e2660
Phone. g2s-262-271s Phone: 949_67g-2733
Bond No. 4j42gos7
STAR INVESTMENT ES LWHEREAS, the City of Menifee, State of California,
designated as "principal") have entered into, or are about to enter into, the attached agreement(s)
whereby principal agrees to install and maintain all landscape, including any additional landscape
materials, related to on-site landscape and irrigation located on the south east corner of Newport Road
and Town Center Drive, APN 360-080-080, -081 (as shown on Exhibit L or Plot Plan PLN19-0082),
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
"n6
Platte River lnsurance Company as surety, are held and firmly
bound unto the City of Menifee in the penal sum of EIGHTY FIVE THOUSAND FIVE HUNDRED
DOLLARS AND NO CENTS ($85.500.00) 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 indemniflT
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.
. BOND NUMBER 41429057
FAITHFUL PERFORMANCE BOND
FOR
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.
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on April 17th 2020
NAME OF PRINCIPAL: GOLDEN STAR INVESTMENT PROPERTIES, LLC.
AUTHORTZED STGNATURE(S)
By:
Name
Title:
NAME OF SURETY:
AUTHORIZED SIGNATURE:
Gina M. Noahr
(rF coRPoRATION, AFF|X SEAL)
IVER INSURANCE COMPANY
a
PLATTE
Its Attorney-in-Fact Title
(tF coRPoRATrON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY{N-FACT.
KNOW ALL MEN BY THESE PRESENTS, That the PLATTE RMR INSURANCE COMPANY, a corporation of the State of Nebraska, having
its principal offices in the City of Middleton, Wisconsin, does make. constitute and appoint
-------------GINA M. NOAHR; WILLTAM ALLEN KAERCFIER-------------
its true and lawful Attorney(s)-in-fact, to make, execute, seal and deliver for and on its behalf, as surety, and as its act and deed, any and all bonds, undertakings
and contracts of suretyship, provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed in amount the sum of
---------ALL WRrrrEN INSTRUMENTS tN AN AMOUNT NOT TO EXCEED$20,000,000-----
This Power ofAttorney is granted and is signed and sealed by facsimile under and by the authority ofthe following Resolution adopted by the Board of
Directors of PLATTE RMR INSURANCE COMPANY at a meeting duly called and held on the 8th day of January, 2002.
"RESOLVED, that the President, Executive Vice President. Vice President, Secretary or Treasurer, acting individually or otherwise, be and they hereby
are granted the power and authorization to appoint by a Power ofAttorney for the purposes only ofexecuting and attesting bonds and undertakings, and
other writings obligatory in the nature thereof, one or more resident vice-presidents, assistant secretaries and attorney(s)-in-fact, each appointee to have
the powers and duties usual to such offices to the business of this company; the signature of such officers and seal of the Company may be affixed to any
such power of attorney or to any certificate relating thereto by facsimile, and any such power of attomey or certificate bearing such facsimile signatures
or facsimile seal shall be valid and binding upon the Company, and any such power so executed and certified by facsimile signatures and facsimile seal
shall be valid and binding upon the Company in the future with respect to any bond or undertaking or other writing obligatory in the nature thereof to
which it is attached. Any such appointment may be revoked, for cause, or without cause, by any of said officers, at any time."
In connection with obligations in favor ofthe Florida Department ofTransportation only, it is agreed that the power and authority hereby given to the
Attomey-in-Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts
required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department of Transportation
making payment of the final estimate to the Contractor and/or its assignee, shall not relieve this surety company of any of its obligations under its bond.
ln connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the
Attorney-in-Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner - Department of
Highways of the Commonwealth of Kentucky at least thirty (30) days prior to the modification or revocation.
IN WITNESS WHEREOF, the PLATTE RMR INSURANCE COMPANY has caused these presents to be signed by its officer undersigned and its
corporate seal to be hereto affixed duly attested,this 3rd day of May,2ol1
Attest:/
E. Rzepinski PLATTE RIVER INSURANCE COMPANY
PLATTE RIVER INSURANCE COMPANY
POWER OF ATTORNEY
41429057
Stephen J. Sills
CEO & President
David J. Regele
Notary Public, Dane Co., WI
My Commission [s Permanent
Vice President, Treasurer & CFO
j:1.lrp,t"s .n bsoUUtc*
Suzanne M. Broadbent
Assistant Secretary
srArEoFYrlcolsrN \ r.r.,COUNTY OF DANE I
/tr*r26
On the 3rd <tay of May,20l7 before me personally came Stephen J. Sills, to me known, who being by me duly sworn, did depose and say: that he resides
in the County of New York, State of New Yorkl that he is President of PLATTE RMR INSURANCE COMPANY, the corporation described in and
which executed the above instrumentt that he knows the seal ofthe said corporation: that the seal affixed to said instrument is such corporate seal; that it
was so atl'ixed by order of the Board of Directors of said corporation and that he signed his name thereto by like order.
?e*-{z*'L-
STATE OF WISCONSIN
COUNTY OF DANE S.S.:)
I, the undersigned, duly elected to the office stated below, now the incumbent in PLATTE RMR INSURANCE COMPANY, a Nebraska
Corporation, authorized to make this certificate, DO HEREBY CERTIFY that the foregoing attached Power of Attorney remains in full force and has
forth in
day of
the of is now in force.
20zo
GIfi,ND (J^
Antonio Celii
General Counsel, Vice President & Seccretary
THIS DOCUMENT IS NOT VALID UNLESS PRINTED ON GREEN S}iADED'trEEE-CNOUT.TO WITH A RED SERIAL NUMBER IN THE UPPER RIGHT HAND
CORNER. tF YOU HAVE ANY QUESTIONS CONCERNING THE ALITHENTICITY OF THIS DOCUMENT CALL 800-475-4450. PR-PoA (Rev. 10-2017)
SEAL
coBPoR^t6.
r01^4r
tJBLf,
not been revoked; and furthermore, that the Resolution of the Board of Diregtqs, set
Signed and sealed at the City of Middleton, State of Wisconri" ,f',i, -[-? . K
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A notary public or other officer completing this certiflcate veriiles only the identity of the individual who signed thedocument to which this certificate is attached, and not the truthfulnes", ,""rrr"y, or validity of that document.
CALIFOR]{IA ALL-PURPOSE ACKI{OWLEDGHETIT
State of California
County of
before me,
Date
personally appeared
Here lnsert Name Title of
Signature
crvrl coDE s 1189
Public
I certify under PENALry OF PERJURY under the tawsof the State of California that the foregoing paragraph
is true and correct.
WITNESS my hand and officiat seat.
at
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Crerrnan GuZman
Comm. t2t68ZB4
Nottry Publk Californn
Or.nge CountyCdnm.Erfi.3d 16 2O2O
Place Notary SealAbove
Gapacity(ies) Claimed by Signer(s)
Signer's Name:
L.- Corporate Officer - Tifle(s)
[-] Partner- [lLimited EGeneralI lndividual [_l Attorney in Fact
[ - Trustee E Guardian or Conseruator
L, Other:
Signer ls Representing
Officer - Title(s):tl Limited flGeneral
fJ Attorney in FactI Guardian or Conservator
OPTIONAL
Signer's Name:
J CorporateI Partner -I lndividual! TrusteeI Other:
Signer ls Representing:
@2014 National Notary Association . www.NationatNotary.org . 1-800-US NorARy (1-800-876_6827)Item #5907
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