Optima RPM, Inc. Faithful Performance Bond CIP19-16 54203496PREMIU[Ill IS SUBJECT TO CHANGE BASED ON THE FINAL CONTRACT AI\4OUNT
PERFORMANCE BOND
KNOW ALL MEN BY THESE PRESENTS: THAT
Bond No. 54203496
Premium: $18,761 .00
Executed in Triplicate
WHEREAS, thE
minute action passed
City of Mentfee, County of Riverside, State of Ca
Fcb. n '1,07 has awarded to optima RPM,lnc\
lifornia, by
hereinafterof thedesignated as the "Principal",a Contract for construction
CIP 19-16 Lazy Creek Recreation Cenler Improvement project together with appurtenances thereto, and
WHEREAS, said Principal is required under the terms of said contract to furnish
a bond for the faithful performance of said Contract.
NOW, THEREFORE,r,yg Optima RPM, lnc AS
Principal, and United Fire & Casualtv ComD a a corporation organized andexisting under the laws of the State of lowa and duly authorized to transact
business under the laws of California, as Surety,are held and firmly bound unto the Cityof Menifee hereinafter called the Contractino Citv. in theOne Mrlllon Frve Hundfed ErShly:EEht Tho!sa oen
bollars ($ I ,588,577.00 ),
al sum of one hundredpercent (100%) of the amount of Frve Hundrcd Sev€nb Soven A OO/lOO
lav'rful money of the United Stated of America, for payment of which sum well and trulyto be made, we bind ourselves,our heirs, executors, administrators and successors,jointly and severally, firmly by these presents.
THE CONDITION OF THE OBLIGAT|ON tS SUCH that, if the hereby bounded
Principal, his/hers or its heirs, executors, administrators, successors or assigns, shall inall things stand to and abide by and well and truly keep and perform all the
undertakings, terms, covenants, conditions and agreements in said Contract and any
alteration thereof, made as therein provided all within the time and in the manner therein
designated and in all respects according to their true intent and meaning, and shallfaithfully fulfill the one-year guarantee of all materials and workmanship after final
acceptance; and shall indemnify and hold harmless the City of Menifee, its officers and
agents, as therein stipulated, then this obligation shall become null and void, otherwise
it shall be and remain in full force and virtue.
FURTHER, the said Surety, for value received, hereby stipulates and agrees that
no change, extension of time, alteration or modrfication of the Contract Documents or of
the work to be performed thereunder shall in any way affect its obligation on this bond,
and it does hereby waive notice of any such change, extension of time, alteration or
modification of the Contract Documents or of work to be performed thereunder.
No final settlement between the Principal and the Contractor hereunder shall
abridge the right of any beneficiary hereunder, whose claim may be unsatisfied.
t2
Notices, papers and other documents required by Chapter 2 of Tifle 14 of part 2of Code of Civil Procedure, or by
Contract may be served upon Princip
any other law, regulation, or requirement of the
al at this address:
17945 Sky Park Circle , Suite D,lrvine, CA 92614
and upon Surety at this addreSS: P.O. Box 73909, Cedar Rapids, tA 52407-3909
lN WTNESS WHEREOF, three (3) identical counterparts of this instrument, eachof wh ich shall for all purposes be deemed an original thereof, have been duly executed
by the Principal and Surety herein named on the 28th day of Janua 2 021 .The name and corporate seal of each corporate party being hereto affixed and thesepresents duly signed by its undersigned representative pursuant to authority of itsgoverning body.
Optima RPM, lnc
Principal
By a,-
United Fire & Ca Compa
Surety
By
lrene Atto F
t3
caLrFon ta Atl-puRposE AGKXOWLEDOiTENT Ctvtl coDE s 1189
A notary public or oth€r of{icer compl€ting this c€rtificate verifies only th6 idontity of th6 individual who signed lhe
docum8nt to whlch this certificate is attach€d, and nol the truthfulness, accuracy, or validity of that document.
State of California
Gounty of Orange
On Februaty 22,2021 bafore me,Elizabeth L Ramirez, Notary Public
Date
personally appearsd
Here lnsert Name and Title of the Officer
i,4aykel Hanna
who proved to me on tha basls ol satisfactory evidence to be the person(pf whose name(d is/grCsubscribed to the within instrument and acknowlodgod to me that ndllrd,^bly sxecuted the'same inhigl}r, thdft auhorized capacity(i66), and that b-y his&Gfllhfir signatureF, on the instrument the persory(d,
or ths entity upon behalf of which the persory4 actod, oxecutea the instrument.
ELIZAEETH I, RAMIREz
llotiry Public - Caiifornia
OrangeCounly
Commi!5ion I 2229216
My Colnm Expkee Feb 21,2022
I csrtify under PENALTY OF PERJURY under the taws
of th6 State of Calilornia that the foregoing paragraph
is true and correct.
WITNEgS my hand and gfficial seal
ISignature
Signature of Public
Place Notary Seal Above
OPTIONAL
Though this section is optional, completlng this intormation can detor alteration of the documant or
fraudulent reattachment of this lorm to an unintended document.
Desoription of Altachod Document
Title or Type of oocument: Pedomance Bond DOCumOnt Dale. 1t28t2o21
Number of Paggs: 2 Signer(s)Other Than Named Abovs: N/A
Capacity(iesl Claimod by Signsr(B)
Signer's Name:
, Icorporate Otficei - Title(s):tl Partner - t.r Limited il General
l l lndividual
f] Trustee
[ ] Other:
l.l Attomey in Fact
Ll Guardian or Conservator
il Partner - f] Limitsd llceneral
l l lndividual LlAttorney in Fact
[ ]Trustee ll Guardian or Consorvator! Other:
Signor ls Repressnting: Oolima RPIV Signer ls R€presenting
@2014 National Notary Association . www.NationalNolary.org ' 'l -800-US NOTARY (1-800-876-6827) ltem #5907
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t INTII]D IJII{I] & CASIIAI,l'Y CoMPANY, CI]DAR RAPII)S, IA
LTNII LD IIRII & INDllMNtl'Y COMPAT.\Y, WlllSTER. l'X
ITINANCIAI. PACIFIC NSTIRANCE COMPANY. ROCKLN. CA
CERTTFIID COPY OF POWER OTJ ATTORNEY
(origirralon ,ih at flonre Of i.e ofCoupally - Sec Certil'icarior)
Inquirier: Surct!' Dcpnrtmeni
I 18 Sccond Ar e SE
Ccdrr Rspids, IA 52401
^&,tul)'t
KNOW ALL PllllSONS UY lllLSD PltLSIlN l'S. 'l hat Llnited Ite & Casualty Comp6ny, a corpordtio[ duly orgarized ard existirg uDder fte laws
o[ fie Statc oI krwa; U[itrrJ Firu & Indcmnily Company. a corporatiofl rluly organiz<1 and cxisting ulder fte laws oI the State of Texas; orld
Finartcial Pacific Insumnce Comnany. a corporation duly orgarized &rd exi(ing under lhe laws of the State of Califomia (heretr collectively called
[lc Companies), and havirrg thrir corpomtc hcadquartcrs in Ct'dar Rapids. Statc of lowa. docs trrake. constitute alr{l aplrcirt
JAMES W. MOILANEN, YUNG I. MULLICK, P. AUSTTN NEFF, IRENE LUONG, EMILIE GEORGE, EACH INDIVIDUALLY
their true and la$fuI Attomey(s)-iFFsct wilh poNe! arld authority hereby confErred to sigl seal and execute in ils hehalf all lawful bonds,
urdcnakings and odrer obligatory insuuments of similar naturc pmvided lhat no shgle obligation drall excced $15,oc|o,OOO.OO
and to bind thc Comp&lics fterchy as fully $nd to thc salne cxlcnl as if such instruments werB signed by dle duly suthoriTed ollicen of thc Companies
and all ofthe acts of saiC Attomey, pulsiJant lo the aulhority hereby eiven and hercby ratified and confimed.
'lhe Audrority hel!'by grollted shallexpire fie6th day of July, 2022 unlegs s@ner revoked by Udted lrire & casualty
Compmy, L, (ed rire & hdetuity Company, and lrhaflcial l,acific Irsurance Company.
lhis Power oI Attonley is made ,urd execuled pursuonr to aid by aufioriry of fie tblhwitlg bylaw duly adopled on May 15, 2013, by fte Boards oI
Dircctor$ olthlitcd Fhc & Casualty Conrpany, t,nil!'d Firc & Indenuity Conlpally, atrd Fildrcial Pacific lnsurmce Company.
Ite \iSnrture ofany offic.r oulhorized hcrrby, erd fc Co4Erata :.a1, noy hc ofixad by facsimilc to any porvf of sttomey or ipecid powrr of attomey or cenifcation of
cirher oulhoiired hs$b): {uch signarure and r.sl, when !o u.cd, tcing Bdopred by thc Compsnics ar fie origin&l dgnnrur. of such omcff and $e original seal of the
Companic!, 10 be \€lid .nd bi$ding upon rhc Companrei wilh thc aafi. forc. and cfccl ar lhough ma[rully sfix.d. su.h atromcys-in-f0ct, eubject ro rhc limirations ser of
pr.\'iously gi\rn to lny anom!,v.in.f0cl.
tN WTNESS \I'IIEREOF, thc COMPANIES havq esch caused liese presents to bc signed by its
vicc presidcot and its corponte seal to bc hcreto affuetl this 616 day of July, 2O2O
UNITED FIRE & CASLIALTY COMPANY
(IMTED FIR.E & INDEMNTTY COMPANY
FTNANCIAL PACIFIC INSIIRANCECOMPANY
By:
Statc ol loNir, Counly ol l.nln, ss r Prcside t
0n 6th day of July. 2O2O. before me oersonallv came Dennls J. Rlchmann
lo me Ino$n, ivho bcing hy me duly $vtrn, dil d.Toie and ssyl fiht hc residcs in Ccdff Rapids. stale oI lo$a: ftat he is 0 Vice Prcsidenr of t Inired l-irc& Casualty Conptuly, s Vite Presideot of Llnitld lrire & lxleuurity Compaly, atld a Vice Presideot of l'fuaDcial Pacifb hsumce Comptuiy fte
corpomtl{,rs dc$ribed il ard which executed lc atnve i$trumcnq drat hc Lronri 0re s8al of said co4nrations; tltst tre sgal affixed to dlc said
lr0mc thercto pltrsuart to likc authority, alrl ocknowlqlges ssmc to lrc $c oct and dced of s0irl corporations.
,g:*ii'si%
fJjr'lll.,4 s Etr
,7,;r:S
t
Notar,r Public
My commissiorl expires: 4/2312021
I,MaryA B('rls.h, Assis(ant Stcrctary oflldtcd Firc& Casualty Coorpany and Assistant Slrrctary oI lhited Filc & h emnity Company. aod Assistant
Secrelaf ofFirancialPacific Insualce Compmy. do heret y cenily fiat I have comparcd fie foregoing copy of tIe Power of Anomey and affidavit and
Ulo copy of thc Section of tlre bylaws and rcsolutions oI ssid Coeoratio[s as sEl lorrh ill said Powcr oI Atlomcy, with tirc ORIGNALS ON FILE IN THE
HOME OFIICE OF S ID CORPORITIONS, ald 0ut ftc same are corrccl tretscrt)ts tcreof. and of Ur! whole of the said originals. aml that fte said
l'oNer ol Altomey hrs not been revoked and is uow in lull lorce alld effect.
hr teslimouy rvhcrmi I have heflmto nry nsgre alld offixed fie corporate seal of dre said Coryoratiofls
dris _ day of
Judith A JonoB
loME NolErlel566lGomml.rlon nun$ar 173041
My Comnirllo.l Explr.r 4232021
Ll
,B:ffi By:
llp( )Ao0.l5 t 2lt)17
Assi(alrt Secretary,
LII&C&LIIr&l&IPIC
.{TlDrU.
.ht
This paper has a colored background and void pantograph.