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Sutter Mitland 01, LLC Faithful Performance 36485-5 30044924Comm unity 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 $8O,72i.9O Bond No. 30044924 TracuParcel Map No. 3648S-s Total Cost Estimate: $ 116021949.12 Other project No PP 2018-OO5 PA 4OA Paseo The followinq to be completed by the Applicant Surety: Continental Casualty Company Prtncipal: Sutter Mitland O'l LLC Address: 333 South Wabash Avenue Address: 3200 Park Center Drive, Suite lOOo Cityistate: Chicago, tL City/State Costa Mesa, CA Zip Code: 60604 Zip Code. 92626 Phone: 714-427-6868 WHEREAS, the City of Menifee, State of California, and, Sutter [Iitland 01, LLC, (hereinafter 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 HOA Maintained Paseo within Planning Area 40A of the Audie Murphy Ranch Specific Plan, (as shown on Exhibit L or Plot Plan 2018-005). The principal agrees to install and maintain all landscape and any additional landscape materials, related to TR 36485-5, Plot Plan 2018- 005 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 Continental Casualtv Company as surety, are held and firmly bound unto the City of Menifee in the penal sum of ONE MILLION. SIX HUNDR EO AND TWO THOUSANO. EIGHT HUNDRED FOURTY N|NE 12l100 ($1,602,849.12)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 Menifee, 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. Phone: 3.12-822-5000 FAITHFUL PERFORMANCE BOND FOR RECREATION FACILITIES, 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 December 12th NAME OF PRINCIPAL: Sutter Mitland 01 LLC AUTHORIZED SIGNATURE(S) I DAVID E. BARTLETT Vlce President ts Attorney-in-Fact (IF CORPORATION, AFFIX SEAL) By Na me Title. (IF CORPORATION, AFFIX SEAL) NAME OF SURETY: continental Ity om pany AUTHORIZED SIGNATURE B. Alc iln ATTACH NOTARIALACKNOWLEDGMENT OF SIGNATIJRES OF PRINCIPAL AND ATTORNEY.IN.FACT. 2018 Gx Title \ A notary public or olher officer completing this certificate verified 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. S]'ATE OF CAI,IFORNIA SS ) ) COTJNl'Y OF ( )n , 201 8, before me l) personally appeared proved to me on the basis of satisfactory ev the within instrument and acknowledged idence to be $e to me that/lE/ spQscri hilh" person@ whose name\t)are she/they/executed the satlle ln r Notary PLrblic , Nolary Public, who bed to r/their authorized capacityffi and that bl@herltheir signaturQ on the instrument the persodld, or the entity upon behalf of which the persodQ acted, executed the instrum€nt. I certi$r under PENALTY OF PERJURY under the laws of the State of Califomia that the foregoing paragraph is true and correct. WITN llSS rny hand and olficial seal oANELL! ro{lqu€ lo5s Not.ry Pub lic ' C.tlfornl. or.nia County Commi!!ion , 225468l lry Com . &pirer ul 17, 20?2 7nd4 cl @ z A Notary Public or other officer completing this certificate verifies only the identity ofthe individual who signed the document to which this certificate is attached, and not the truthfrlness, accuracy, or validity of that document. State of Califomia County of Los Anseles On DEC 1 2 2018 before me,D. Casil . Notarv Public.personally appeared B.eman who proved to me on the basis of satisfactory evidence to be the person(s) whose name@) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/thei.r authorized capacity(ies), and that by*islher/thei+ signature$ on the instrument the person(s), or the entity upon behalfofwhich the person(s) acled, executed lhe instrument. I certifu under PENALTY OF PEzuURY under the laws of the State of California that the foregoing paragraph is true and conect. coMM. #2 r 62364 Nqlary Publlc . Calllornia zno WITNESS my hand and official seal. Los Angeles Co Comm. Ex 2020 Signature Signature of otary Public CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT POWER OF ATTORNEY APPOINTING INDryIDUAL ATTORNEY-IN-FACT Know All Men By These Presetrts, That Continental Casualty Company, an nlinois insurance company, National Fire Insurarlce Company of Hartford, an lllinois insu(mce comp.rny, and American Casualty Company ofReading, Pennsylvani4 a Pennsylvania insumnce company (herein call€d '.the CNA Companies"), are duly organized and existing insurance comparies having their principal offices in the City ofchicago, and State oflllinois, and that they do by virtue ofthe signatures and seals herein affxed hereby make, constitute and appoint Tracy Aston, Tom Branigan, Edward C Spector, Kristine Mendez, Daravy Mady, Lisa K Crail, Simone Gerhard, B Aleman, Benjamin Lee Wolfe, K D Conrad, Itrdividually and to bind them thereby as fully and to tlre same extent as ifsuch instsuments were signed by a duly authorized officer oftheir insurarce compaaies and all the acts of said Attomery, pu$uant to the authority hereby giv<r is h€rcby ratified and confirmed. This Power of Attomey is made and executed puNuant to and by authority of the By-Law and Resolutions, printed on dle rev€rse hereof, duly adopte4 as indicate4 by the Boatds of Directors of the insuralce comPani€s. ID Wittress Whereof, the CNA Companies have caused these presorts to be signed by their Vice President and their corporatc seals to be herEto affixed on ttris 9th day of June, 20 I 5. Continental Casualty Company National Fire Insurance Company ofHarford American ty Company of Pennsylvania Paul T. Bruflat Vice President State of South Dakota Countv of Minnehaha, ss: On this gth day of Junc, 20 I 5, beforc 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 Dakot4 dlat he is a Vice P.€sident of Continental Casualty Company, an tllinois insulzlnce company, National Fire Insu-ance Company of Hartford an [llinois insurancc company, and American Casualry Company of R€adin8, P€nnsylvani4 a poursylvania insurance company desc'ibcd in and which sxccuted the above instsum€nt; 0!at he knows the s€als ofsaid insuranc€ companies; that the seals affixed to the said instrument ar€ such corporate seals; that they were so affixcd pursuant to authority giv€o by the Boards of Directon of said insurance companies and that he signed his mme thereto pursuant to like auotority, and aclcrowledges same to be thc act and deed of said insuiance companies. il" My Com:nission Exptes February 12, 2021 S. Eich otary Public CERTIFICATE I, D. Bult, Assistart Secretary of Continental Casuatty Company, an Illinois insurance company, National Firc Insurance Company of Hartford, an lllinois insurance company, and Americal Casualty Company of Rcading, Pousylvania, a Perursylvania insurance company do hereby certifo that the Power of Attomey herein above set forth is still ifl force, and furtho certiry that fte By-Law ard Resolution of the Board of Directors of thc insumnce companies printcd on the reversc hereof is still in day of force.In testimony whqeof I have hsrsunto subscribed my name and afhxed the seal of the said insurance companies this Cor:tircntal Casualty Company Nadonal Fire Insurance Company ofHarford Asericatr Casualty of Reading, Pennsylvaniac ,utY !1.tsSEAL t 897 SEAL r Bgl Form F68534/2012 D. Bult Assistant Secretary oflos Angeles, Cd their true and la\4drl Attomey(s)-in-Fact with full powa and authority hereby corleIred to sign, seal and execute for md on their behalfbon&, undertakinSs anl other obligatory instruments of similar naturc - Ir Unlimited Amounts - Authorizing By-Laws and Resolutions ADOPTED BY THE BOARD OF DIRECTORS OF CONTINENTAL CASUALTY COMPANY: This power of Attomey is made and exeorted pursuant to and by authority of the following resolution duly adopted by the Board ofDiectors of thc Company at a mccting held on May 12, 1995: ..RESOL\IED: That any Senior or Croup Vic6 Prcsidcnt rnay authorize 6n olliccr to sign specific documents, agrtQftcnts and instrumcnts on behalf of the Company prcvided that the namc of such authorized omcer and a description ofthc doormeDts, agreanents or iostrunents that such olTiccr may sign will b. provided in wdting by thc S€nior or Group Vice Prcsidcnt to ttE Sec.etary ofthe Company prior to such exco.ltion b€cominS effective." This powcr of Attorncy is signcd by Paul T. Bruflat, Vicc Prcsident, who has bccn authorizcd pu6uant to the above resolution to execlte power of anomcls on b€half of Contincntd Casualty Company. This powcr of Attomey is signed and seal.d by facsimilc under aod by the authority of thc following Resolution adoptcd by thc Board of Directo.s ofthc Company by unanimous w.inen consent dded the 256 day of April 20l2: ,,Whereas, tre bylaws of thc Company or spccific rcsolution of thc Board of Dircctots has authorized various ofliccrs (thc "Autho.ized Oflicers') to execute vadous policics, bonds, utdcrtakings and othcr ouigatory insEurnents of Ifte naturc; atld Whcrcas, fiom tirnc to timc, thc sigraturc of thc Authorizcd OfEccE, in addition to bcing povidcd in original, hard copy format, may bc provided via facsimile or othcrwisc in an .l.qtronic fornat (clllectivcly, "Elccronic Signaturcs'); Now thcrcforc bc it rcsolved: lhat thc Elcctronic Signaturc of any Authorizcd Oflicer shall be valid alld binding on thc Company " ADOPTED BY TTIE BOARD OF DIRECTORS OF NATIONAL FIRE TNSURANCE COMPA}'TY OF HARTFORD: This power of Attomcy is madc and cx.@ted pursuant to and by authority of thc following resolution duly adoptcd by the Board of Directors of the Company by unanimous writtcn conscnt ddcd May 10, 1995: ,.RESOLVED: That atty Scnior or Grcup Vicc Prcsidcnt may authorizc an olficcr to sigl $ccific doormcnts, agE.rEnts and insrumcnts on behalf of the Compary providcd tha thc namc of sucl authorizcd omc.r and a dcscription of thc doorments, agrcerncnts or instnnEnts that such offrccr nEy sign wiu bc provided in wdting by the Scnior or G.oup Vicc Prcsident to thc Seqetary of thc Company prio. to such exeortion bccoming cffcdivc." This power of Attomq is signcd by Paul T. Brufla! Vicc Prcsidenl who has bccn authorizcd pursuanl lo thc abovc rcsolution to cxcantc power of attomeys oo bchalfofNational 6rc Insurancc Company of Hartford. This powcr of Attomcy is signcd and scal.d by facsimilc under and by thc aufiority of thc followinS Rcsolution adoptcd by thc Board of Dr.ctors ofthc Company by unanimous written conscnt da.d the 25o day of April, 2012: ..Whcrcas, thc byla*s of th. Conpany or spccific rcsolution of thc Board of Dirccto6 has authorizcd various officcrs (thc "Authorizcd OIIicc6') to cxcc te vaious policics, bonds, undetakings and othcr ouigatory instsumcnts of lfte naturc; afld Whcrcas, ftom timc to timc, thc signaturc ofthc Autho.ized Officcrs, in addition io bcing pFvidcd in original, had copy forma! may b€ provided via facsimilc or otherwir in atr clcctonic fo lat (collcctivcly, "Elcctonic Signaturcs'); Now thcr.forc bc it rcsolvcd: that th. Elcctonic Signahle of any Authorizld Officsr shal be !"alid and binding oo thc company." ADOPTED BY THE BOARD OF DIRTCTORS OF AMERICAN CASUALTY COMPANY OF READING, PENNSYLVANIA: This powc. of Attom.y is madc atd cxcottcd pursua[t to aDd by authority of thc following rrsolution duy adoptcd by the Boatd of Dircctors of thc Company by unanimous w tteo conscnt ddrd May 10, 1995: ..RESOLVED: That any Sclrior or Croup Vice Pr6iddrt rnay aulhonz. an omccr to sign spccific document$ agrccrEnB aod instu.rrents od bchalf of thc Company provid.d that thc namc of such authorized officcr and a d.scription of the doqrments, agrcqncnts or instrunrnts that such olliccr may sign will bc providld in wfitiog by the Scnior or Crcup Vicc Prcsidcnt to thc Sccretary of lhe Company prior to such cxcortion bec.ming cffedivc." This powcr of Atomcy is signcd by Paul T. Bruflat, Vicc PrEsidcnt, who has been authorizcd pursuant to the abovc resolutioD to cxcqrtc power of attomsF on &halfofArhcrican Casualty ConPany of Rcading, Pennsylvania" This powcr of Attomcy is sigrcd and scaled by facsimilc under and by thc authority of thc following Resolution adoptcd by thc Board of Dirccto6 of lhc Compaly by unanimous writteD conscnt dded thc 25h day of April, 2012: ,.WhErcas, thc bylaws of thc Company or spccific rcsolution of thc Board of Directors has authorizcd vetious olficcrs (thc "Authorizcd Officcrs ) to cxecutc various policicg bondt, undcrtakiogs and oth.r ouigatory insttunl.nts of like nature; and Whcrcas, from timc io timc, thc signaturc ofthc Authorized Officers, in addition lc bcing providcd in oriSina.l, had coPy fomat, may bc provid.d via facsimilc or othcrwise in ar clect onic fonnet (collcctiv.ly, 'Elcctseric SignarurcC); Now thcrcforc bc it rcsolvcd: lhat lhc ElecEonic Signatur€ ofany Authorized Officcr shall be valid and binding on thc Company "