LC Paving and Sealing, Inc. Material and Labor Bond CIP20-12 CMGP00003775DocuSign Envelope I D: 05'1 D7A38-3ABA-48F,1 -A88F-8D223C8C62C0
PAYMENT BOND
(Bond for Labor and Material)
KNOW ALL MEN BY THESE PRESENTS: THAT
WHEREAS, said Principal is required to furnish a bond in connection with said
contract providing that if said principal, or any of his or its subcontractors shall fail to pay
for any materials, provisions, provender, or other supplies or equipment used in, upon, or
about the performance of the work contracted to be done, or for any work or labor done
thereon of any kind, the Surety of this bond will pay the same to the extent hereinafter set
forth;
NOW, THEREFORE, we LC Paving & Sealing,Inc.Principal,
WHEREAS, the City of Menifee, in the County of Riverside, State of California, by
minute action passedfuC.2,2Ql) has awarded fgLCPavins&sealins,In".hereinafter
designated as the "Principal," a contract for construction of the
CIP 20-12 Adams Avenue Street Improvements Phase 2 project together with appurtenances
thereto, and
Bond No.: CMGP00003775
Premium Included In The Performance Bond
Executed In Three (3) Originals
2ag6d Argonaut Insurance Company aS Surety, are held
and firmly bound unto the City of Menifee, hereinafter called the City, in the penal sum of
one hundred percent (100%) of the amount EightHundredTwentyoneThousandFour* Dollars
($821.463.20 ), lawful money of the United States of America, for the payment of which
sum well and truly to be made, we bind ourselves, our heirs, executors, administrators,
successors, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION lS SUCH THAT if said Principal, his or
its heirs, executors, administrators, successors, or assigns, shall fail to pay for any
materials, provisions, provender, rented or hired teams, implements, or machinery, or
other supplies or equipment of any kind used, in, upon, for or about the performance of
the work contracted to be done, including, but not limited to, that part of water, gas, power,
Iight, heat, oil, gasoline, or telephone service directly applicable to the contract, or for any
work or labor thereon of any kind, or for any amounts due under the California
Unemployment lnsurance Code with respect to such work or labor, or for any amounts
required to be deducted, withheld, and paid over to the Employment Development
Department from the wages of employees of said Principal and subcontractors pursuant
to Section 13020 of the California Unemployment lnsurance Code with respect to such
work and labor, and provided that any person, so furnishing said supplies or equipment
contributing to said work to be done, or any person who performs work or labor upon the
same, or any person who supplies both work and supplies or equipment therefore shall
have complied with the provisions of Chapter 7 of Title 15 of Part 4 of Division 3 of the
California Civil Code, as amended, or any successor thereto, then said Surety shall pay
the same in or to an amount not exceeding the amount hereinabove set forth and also
shall pay in case suit is brought upon this bond, such reasonable attorney's fees as shall
be fixed by the court.
The bond shall inure to the benefit of any and all persons, companies, and
corporations named in California Civil Code Section 3181, as amended, or any successor
*Hundred Sixty Three Dollars and 20/100
DocuSign Envelope lD: 051D7A38-3ABA-48F1-A88F-8D223C8C62C0
thereto, so as to give a right of action to them or their assigns in any suit brought upon
this bond.
FURTHER, the said Surety, for value received, hereby stipulates and agrees that
no change, extension of time, alteration, or modifications of the Contract Documents or
of the work to be performed thereunder shall in any way affect its obligations on this bond
and it does hereby waive notice of such change, extension of time, alteration, or
modification of the Contract Documents or of work to be performed thereunder.
Notices, papers and other documents required by Chapter 2 of Title 1 4 of Part 2
of Code of Civil Procedure, or by any other law, regulation, or requirement of the Contract
may be served upon Principal at this addresq.: _lri pltcl^ttitl ,lqriult *T
and upon SurIti at tdib address;Arglonaut Insurance Company, c/o CMGIA
20335 Ventura Blvd., Ste 426, Woodland Hills, CA 91364
lN WITNESS WHEREOF, three (3) identical counterparts of this instrument, each
of which shall for all purposes be deemed an original thereof, have been duly executed
by the Principal and Surety herein named, under penalty of perjury, on the 28th
day of October 2Vg_, the name and corporate sealof each corporate
party being hereto affixed and these presents duly signed by its undersigned
representative pursuant to authority of its governing body.
LC Paving & Sealing,Inc.
Principa
Argonaut Insurance Company
Surety
te Shear, Attorney-in-Fact
By
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 San Diego )
On before me,Marisa Haas, Notary Public
(insert name and title of the officer)
personally appeared Jose A. Salinas
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 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 ATARISA ANN HAAS
Notary public - California
San Diego Countv
Commission n 2],OA\B
zz
ComfD. Explres
'ep
74,2023
Signature (Seal)I II
Bbnd. Nol: cmcPoq)03775 Argonaut Insurance Company Premium: S11,715.00
Deliveries Only: 225 W . Washington,24th Floor
Chicago, IL 60606
United States Postal Service: P.O. Box 469011, San Antonio, TX78246
POWER OF ATTORNIEY
KNOW ALL MEN BY THESE PRESENTS: That the Argonaut lnsurance Company, a Corporation duly organized and existing under the laws of the State
oflllinois and having its principal oflice in the County ofCook, Illinois does hereby nominate, constitute and appoint:
Gabriella Gradv. Shilo Lee Losino. Steohanie Hooe Shear. Elizabeth Santos. Stacev Carcia. Matthew Dionisio
Their true and lawful agent(s) and attorney(s)-in-fact, each in their separate capacity if more than one is named above, to make, execute, seal and deliver for
and on its behalfas surety, and as its act and deed any and all bonds, contracts, agreements of indemnity and other undertakings in suretyship provided,
however, that the penal sum of any one such instrument executed hereunder shall not exceed the sum of:
s I 5.000.000.00
This Power of Attomey is granted and is signed and sealed under and by the authority of the following Resolution adopted by the Board of Directors of
Argonaut Insurance Company:
"RESOLVED, That the President, Senior Vice President, Vice President, Assistant Vice Pres.ident, Secretary, Treasurer and each ofthem hereby is
authorized to execute powers ofattomey, and such authority can be executed by use offacsimile signature, which may be attested or acknowledged by any
officer or attorney, ofthe Company, qualifring the attorney or attomeys named in the given power ofattomey, to execute in behalfol and acknowledge as
the act tuld deed ofthe Argonaut Insurance Company, all bond undertakings and contracts ofsuretyship, and to affix the corporate seal thereto."
IN WITNESS WHEREOF, Argonaut Insurance Company has caused its official seal to be hereunto affixed and these presents to be signed by its duly
authorized officer on the 8th day of May,20l7.
Argonaut lnsurance Company
SEAL by
STATE OF TEXAS
COUNTYOFHARRIS SS
Joshua C. Betz , Senior Vice President
On this 8th day of May, 2017 A.D., before me, aNotary Public of the State of Texas, in and for the County of Harris, duly commissioned and qualified,
came THE ABOVE OFFICER OF THE COMPANY, to me personally known to be the individual and officer described in, and who executed the
preceding instrument, and he acknowledged the execution ofsame, and being by me duly sworn, deposed and said that he is the officer ofthe said
Company aforesaid, and that the seal affixed to the preceding instrument is the Corporate Seal of said Company, and the said Corporate Sea[ and his
signature as officer were duty affixed and subscribed to the said instrument by the authority and direction ofthe said corporation, and that Resolution
adopted by the Board ofDirectors ofsaid Company, referred to in the preceding instrument is now in force.
IN TESTIMOIVY WHEREOF, I have hereunto set my hand, and affixed my Official Seal at the County of Harris, the day and year first above written.
A&*rn."rr\$r,
(Notary Public)
I,theundersignedOfficerofthe ArgonautlnsuranceCompany,lllinoisCorporation,doherebycertirythattheoriginalPOWEROFATTORNEYofwhich
the foregoing is a full, true and conect copy is still in full force and effect and has not been revoked.
IN WITNESS WHEREOF, I have hereunto set my hand, and affixed the Seal of said Company, on the 28th day of October , 2O2O
,4.-- Er7-o
James Bluzard , Vice PresidenrSurety*
SEAL
1948
IF YOU HAVE QUESTIONS ON AUTHENTICII'Y OF THIS DOCI.iMENT CALL (833) 820.9137,
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State ol Cdiforrria
County ol Los Angeles
&r ocT 21 2020 beforo me.Luces Malooh-Shane Patterson. Nottry PublE
Date
percoraly appeersd
HefE lns€d rl,nE an ntb ot ttp Offiar
Sbohanb Hooq Slpar
Name(s/ olSDne4s)
who proved to m€ on the baeia ol satislactory evrience to bo ths porsods) whoce name{e) ig/are
subscribed to the within in3trum€rit anct acknowledgsd to rne that he/she/they exocut€d tho same in
hiyhslrreir adhdtz6d capactty(b8), and thet by hrs/herlthar sqnature(s) on thc instrumorit the person{s),
or th€ ontity upon bcttdl ol wtrrch the pcrson(s) actcd. executed the instrumcnt.
I cerrfy under PENALTY OF PER.TURY und€r the hwg
of the State of Cdtfomn that tha foregoing paragraph
is true and conect
frL:Uu SHrf, iltftn0,O WITNESS my hand and offiod seal-
Signature
Stgnature ol Publtc
-Thc notry conrnl$bn Grtcrtdcd puru.nt to Erccutlrc ordcr t{'71'Al-
Tlaugh this sectbn isg4,tic/,?d. complctng this inlo/rfi7€,lbn @n ctetar slte,E,lffi ol the ctocun?€,nt or
frauduhnt rattachment of tltlrs lorm to an untntarlded dpcumant.
Doscrtrtiqr of Attrchcd Docrrmcnt
T.rth or Type ol Document:Document Date:
Numbor ol Pages: Srgnr(sl Othcr Than NernGd Above:
C+adtrml Clrim.d by 8igffi(rf
Signer's Name:
;Corporate Otlber - Tido(s):
Partner - . Limitod .,Croneralthdrvictual * Attonry in FaclTnrstee ." Guardian or Conservator
--- Other:
Signer ls Rapresnting:
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Signr's t{arn6:. Corporata Ottcor - Tide(s):
Signar ls Representing
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