Pardee Homes Material and Labor Bond TM32277-1 929644871MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1 )
Tract 32277-1
Bond No. 929644871
Zip 92879Phone 951-428-4435
S urety The Continental lnsurance Comoanv PrincipaI Pardee Homes
Address 1455 Frazee Rd #300
City/State San Dieqo. CA City/State Corona, CA
Zip 92108Phone 949-252-4400
WHEREAS, the city of Menifee, State of california, and pardee Homes , (hereinafter
designated as "principal") have entered into, or are about to enter into, tfre attached agreement(s)
whereby principal agrees to install and complete the above designated public improvements relatingto TR 32277-1 , which agreement(s) is/are hereby referred to and made a part hereof; and,
WHEREAS, under the terms of said agreement, principal is required, before entering upon the
performance of the work, to file a good and sufficient payment bond with the City of Menifee to secure
the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of
Division 3 of the Civil Code of the State of California;
NOW, THEREFORE, said principal and the undersigned, as corporate surety, are held firmly unto the
City of Menifee and all contractors, subcontractors, laborers, material persons and other persons
employed in the performance of said Civil Code in the sum of Two Million Five Hundred Eiqhtv
Five Thousand and no/'!00 Dollars , $ 2.585.000.00 for materials furnished or labor thereon of anv
kind, or for amounts due under the Unemployment lnsurance Act with respect to such work or labor,
that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and
also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and
reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in
successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs
and to be included in the judgment therein rendered.
It is hereby expressly stipulated and agreed upon that this bond shall inure to the benefit of any and
all persons, companies and corporations entitles to full claims under Title 15 (commencing with
Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their
assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then
this obligation shall become null and void; otheruvise, it shall be and remain in full force and effect.
9/8/15
FOR: Streets and Drainage $ 1.786.250.00*Flood Control $ 0.00
Dom Water Sys. $ 263,000.00
Rec. Water Sys. $ 12.000.00
Sewer System $ 523,750.00Total $ 2.585.000.00
PfemiUm is included in the cost of the performanae Bond
Address 1250 Corona Pointe. Suite 660
MATERIAL AND LABOR BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition tothe terms of this agreement or to the specifications accompanying the same shall in anywise affect itsobligation 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 theCivil Code are not a condition precedent to surety's obligations hereunder and are hereby waived bysurety.
lN WITNESS WHEREOF, this instrument has been dul y executed by the principal and surety abovenamed, on January 26 2017
Pardee HomES
AUTHORTZED StcNATURE(S)
By:(/-,
Nam
Title:
ChamWrsV? Cowtvvt qnt+1 Ocvw topo,lcn51
(tF coRPoRAT|ON, AFFTX SEAL)
NAME OF SURETY T lnsuran Com an
AUTHORIZED SIGNATURE:ina Mon A e ln-Fae
Atto rney-rn-Fact
(rF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRTNCIPAL AND ATTORNEY-
IN.FACT.
9/8/15
NAME OF PRINCIPAL:
Title
ALL. PURPOSE
CERTIFICATE OF ACKNOWLEDGMENT
A notary public or other officer completing this certificale verifies only theidentity of the individual who signed the document to which this certiiicate
is attached, and not the truthfulness, accuracy, or v6lidity of that document.
State of California )
County of Oranoe )
on JAN2620ll before me, Brianne Davis, Notary Public
(ffi ,nr.n luru .no tD. o! lh. oner)
personally appeared
who proved to me on
Janina Monroe
name$) is/am subscribed to the within instrumenl and acknowledged to me that
hc/she/fiFy executed the same in hie/her/thejr authorized capacity(,irrx and that by
hio/herfiicir signaturegf on the instrument the person$, or the entity upon behalf of
which the person{of acted, executed the instrument.
the basis of satisfactory evidence to be the person(g) whose
I certify under PENAL oF PERJURY under the laws of the state of california that
the foregoing paragraph is true and correct.
WTNESS my hand and official seal.
llAH:OeUr
Conrnilaalon No. 20t7t52
oIIIY rtt tc€aroil{taoi^fc corx?Yricdn, tl.t rtE t.2or7
Notary blic Signature (Noiary Public Seal)
6I E
ADOITIONAL OPTIONAL INFORMATION
DESCRIPTION OF THE ATTACHED DOCUME
(Title ed 0
(nte o( d$.ripti.n of
Number of Pages
attadl€d
* oocument o"te I 2Lt l7
INSTRUCTIONS FOR COMPLETING THIS FORM
fhislonn codpli.s ltth cuffcnt Cahlonio statutcr r.go ing hoton,norAng and,ilh..d.d. thould b? conql.tcd on.l albch.d to thc docmcn| lrcknohrd9nttront
oth.r stat.t nE! b. .ongl.t.d/ot d.7rur, ntr b.iry s.nt to that ltat. so long a! th.
\tot dihg doet aot rcquin th. Calilomia notaty to |iolate Colrhrno notory la$.
St!rc rnd Courry rnfonnanor musl be fie Srat. rnd County wh€re rhe dcumml
Bi8ner(s) Dcrsonrlly rppcarcd bclorc rhc notrry public for rcknowtcdgmcDl.
D.rc of nobtiza(oo musl b. rhc ddc rh.l lic signcr(s) pdsoralty app.arcd $,trich
rnusr also be lhc somc dat thc rcknowlcdgmcnt is complercd.
Thc noury public must p.inl his or hcr firnc as il snp.lrs within his or hcr
commission followcd by ! comrn lid lhcr your litlc (noury public).
Prinl $c oanc(s) of documc .iSD6(s) who pcrson.lly lppcar st rhc tim€ of
. bdrc.l. rhc cofrect sinSular or plurll form! by crossing ofT inconccl fionhs (i.a.
Hshdrhcrr is /orc ) or circlin8 drc con€.r forms. Failurc rc coneclly indicar. $is
inforDlrion msy lc.d to rEjccdon ofdo.um.Dt rc.ording.. Itc nobry rc.l impr6siofl musl b. clca. and pho{rgraphrcalty Efnodu.ibti.
lrEprcssior musr nor Eovcr lex! or lincs. lf serl impression smudscs. rc-scat if o
sufiicior arca p€mrirs, othcrwis€ complnc . difla.rcnl scknowledgmcnl fonn.. Si8mtur. of Uc .or'ry publ;c musr malch rhc aignlulrc on filc wih lhc officc of
e Additional infomarion is not rcqoir.d but could hctp lo cnsuc this
Dcknowlcdgncnr is oot misusld or attach.d to a diffcrcnl docum€,tl.,, lndiclt€ utle or t)?c ofrtta.hcd do.uncnr, numbcr ofFages snd dstc.+ lndic$€ thc crpaciry clatDed by rhc !i8na. lf thc claimed crp6city is a
corporat. ofliccr, indi(lt th. ritl. (i c. CEO. CFO, S.cdary).. Sccurcl, stllch rhis documenr lo ih. sigoed docummt wllh 6 srapl.2'015 Versior v.^'r'w Nolar\alasrr,s.,ofi 800 87:1.gAt,5
CAPACITY CLAIMED BY THE SIGNERtr lndividual (s)
O Corporate Officer
(Titlef
Partner(s)
Attomey-in-Fact
Trustee(s)
Other
tr
E
tr
tr
" POWER OF ATTORNEY A}POINTING INDIVIDUAL ATTORNEY-IN.FACT
Know All Men By These Pr€sents,That The Continental Insurance Company, a Pemsylvania insurance company, is a duly orgarized and existinginsurance compary having its principal ollice in the City ofChicago, and State oftllinois, ard that it does by virue ofthe signature ird seal hereinaffixed hereby make. constitute and appotnt
Jadtra Monroe, Tom Mc Call, Paul Bouch€r, Individually
of Los Angeles, CA, its true and lawful Attomey(s)-in-Fact with full power and authority hereby confsned to sign, seal and execute for and on its behalfbonds, undenakings and other obligatory instruments of simila. nature
- In Unllmited Amounts -
and to bind them thereby as fully and to the same extent as if such instruments were signed by a duly authorized omcer ofthe insurance company and allthe acts ofsaid Attomey, pursuant to the authority hereby given is hereby ratified and ionfirmed.
This Power of Attomey is made and executed prrrcuant to and by authority of the By-Law and Resolutions, printed on the reverse hereof, dulyadopted, as indicated, by the Board of Directors ofthe insurance company.
ln wltlesr whereof, The Continental Insurance Company has caused these presents to be signed by its vic€ President and its corporate seal to behereto affixed on this 5th day of December, 20 t 6.
State ofSouth Dakota, County of Minnehaha, ss:
On this 5th day of December, 2016, before me personally came Paul T. Bruflat to me known, who, being by me duly swom, did depose and say:that he resides in the City of Sioux Falls, State of South Dakota; that he is a Vice President ofThe Continental Insurance Company, a pennsylvania -
insurance compaly, described in and which executed tie above instrument; that he knows the seal ofsaid insurance company; thai the seal ;IIixed to thesaid instrument is such corPorate seal; that it was so afflxed pursuant to authority given by the Board of Directors ofsaid insurance company and that hesigned his name thereto pursuant to like authority, and acknowledges same to be the act and deed ofsaid insurance compa[y.
The Continental Insruance Company
Paul Bru
The Continental Insurance Company
Vice President
Notary Public
CERTIFICATE
I, D. Bult, Assistant Secretary ofThe Continental lnsurance Company, a Pennsylvaria insurance company, do hereby certiry that the power ofAttomey herein above set forth is still in force, and further certiry that the By-Law and Resolution ofthe Board of Directors ofthe insumnce company
printed on the reverse hereof is still in force. ln testimony whereof I have hereunto subscribed my name and aflxed the seal of the said insurance
My Commission Exptes June 23, 2021
a"v.t JAN ? 6 201? ,
lN3
company this
u*)
J, MOHR
Form F6850-4/2012
D. Bult Assistant Secretary
J. Mok
O
Authorizing Resolutions
ADOPTED BY THE BOARD OF DIRECTORS OF THE CONTINENTAL INSURANCE COMPANY
This power of Attomey is made ard executed pumuant to and by authodty ofthe following By-Law duly adopted by the Board of Directors of
th€ Company at a meeting held on May 10, 1995.
..RESOLVED: That any Group Vice President may authorize an officer to siSn specific documents, agresments and instruments on behalf
of the Company provided that ihe name of such auiho.ired officer and a description ofthe documents, agreements or instruments that such
officer may sign will be provided in writing by the Group Vice President to the Secretary ofthe Company prior to such execution
becoming effective."
This power of Attomey is signed by Paul T. Bruflat, Vice President, who has been authorized pursuant to the above resolution to execution power of
attomeys on behalf ofThe Continental Insurance Company.
This power of Anomey is signed and sealed by facsimilelnder and by the authoriry of the following Resolution adopted by the Board of Directors of
the Company by unanimous wrilten consmt dated tlre 25" day of April, 2012:
..Whereas, the bylaws ofthe Company or specific resolution ofthe Board of Directors has authorized various officers (the "Authorized
OIficers") to exicute various policies, bonds, undertakings and other obligatory instrummts oflike naturc; and
Whercas, from time to time, the signature ofthe Authorized Officers in addition to being provided in original, hard copy format, may b€
provided via facsimile or otherwise in an electronic format (collectively, "Electronic SiSnatures"); Now therefore b€ it resolved: that the
Electronic Signature ofany Authorized Officer shall be valid and binding on the Company."
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