Lennar Homes of California, Inc. Faithful Performance PLN19-0083 SU1162071Community Development Department
FAITHFUL PERFORMANCE BOND
FOR
MODEL HOME COMPLEX
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
TRACT/PARCEL MAP: IR 36303 OTHER PROJECT NO: PLN79-0083
PROJECT NAII/E: UNION PLACE/PARK RIDGE BOND NO: SU1162071
BOND AMOUNT 00
Surety. Arch lnsurance ComPany
Premium: $77.00/annum
Principal: Lennar Homes of California, lnc.
Address: Harborside 3,210 Hudson St., Suite 300 Address: 980 Montecito Drive, Suite 302
City/State/Zip: Jersey City, NJ 07311 City/State/Zip Corona, CA 92879
Phone: e01\7434000 Phone: (951) 817-3510
WHEREAS, the City of Menifee, State of California, and,Lennar Homes of California, lnc.
(hereinafter designated as "principal") have entered into, or are about to enter into, the attached Model
Home Complex agreement whereby principal agrees to remove and refurbish the above designated
plot plan, related to (TracUParcel) TR 36303 , 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 Arch lnsurance Company as surety, are
held and firmly bound unto the City of Menifee in the penal sum of Twentv-Five Thousand Five
Hundred and No Cents ($25.500.00) 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 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 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.
FAITHFUL PERFORMANCE BOND
FOR
MODEL HOME 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 March 23 2020
NAME OF PRINCIPAL: Lennar Homes of California, lnc., a California corporation
AUTHORTZED STGNATURE(S)
By
Name:
Title:!eotfrc
\tc Yrr(
v 6rvrith
t'dcnY
NAME OF SURETY: Arch
AUTHORIZED SIGNATURE:
(tF coRPoRATtON, AFFTX SEAL)
Hua
lnsurance Company
Its Atto Title
(tF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
/-'?-4,-
A notary or officer thiscertificateverifiesonlytheidentityoftheindividualwhosignedthedocumenttowhichthiscertificateisattached,and not the truthful ness,accuracy orvalidofthatdocument.
ACKNOWLEDGMENT
State of Califomia
County of
On before me,
(insert title of
personally appeared
who proved to me on the of evidence to be the person(afwhosesubscribed to the within instrument and acknowledged to me that hels:he/they
name(s) is/€rig
hisffitfteir authorized capacity(icsf and that by hisltrcr:fttrcir
executed the same in
person(s), or the entity upon behalf of which the persoffi signature(a)on the instrument theacted, executed the instrument.
l,::#y#XfiX5:fi9"?:,PERJURY under the raws orthe state or carirornia that the roresoins
WITNESS my and officialseal.
a
6-':-R\w rdRTN SPLETzER
Notary Public - California
Riverside County
Commission i ?Z AZJOlly Comm. Expires Jul 27, 2OZ2Signature(Seal)
)
I
CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifies only the identity of the individuat 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 Oranqe
on HAR232020 before me,Kathv R. lvlair. Notarv Public
)
)
DATE [Name of Notary Public and Title "Notary Public']
personally appeared
lName(s) of Signe(s)l
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/a+e
subscribed to the within instrument and acknowledged to me that he/she/they executed the same
in his/her/thei+ authorized capacity(es), 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.
[Vlv Hrra
KATHY R. MAIR
Notary Public - California
Orange County
Commission # 2193966
l4 Comrn. Exoires
WITNESS my hand and official seal
/\,
S of Notary Public
Place Notary Seal Above
OPTIONAL
Though this section is optional, completing this information can deter alteration of the document or
fraudulent reattachment of this form to an unintended document.
Description of Attached Document
Title or Type of Document:
Document Date Number of Pages
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name: Mv Hua
Corporate Officer - Title(s)
Partner-E timiteo tr General
Attorney-in-Fact
Guardian or Conservator
Signer's Name:
Corporate
Partner -
lndividual
Trustee
Other:
Attorney-in-Fact
Guardian or Conservator
trntrntr
trtrtrtrtr
lndividual
Trustee
Other:
Xtr trtr
Signer ls Representing:Signer is Representing:
T
Atc 0000279979
THIS POWER OF ATTORNEY'S NOT VALID UNLESS
'T'S
PRINTED ON BLUE BACKGROUND.
This Power of Attorney limits the acfs of those named herein, and they have no authority to bind the Company except in the
manner and to the extent herein stated. Not valid for Note, Loan, Letter of Credit, Currency Rate, lnterest Rate or Residential
Value Guarantees.
POWER OF ATTORNEY
Know All Persons By These Presents:
That the Arch lnsurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal
administrative office in Jersey City, New Jersey (hereinafter referred to as the "Company") does hereby appoint:
Kathy R. lVair, Mechelle Larkin and tvly Hua of lrvine, CA (EACH)
its true and laMul Attorney(s)in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as
surety, and as its act and deed:
Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding
Ninetv Million Dollars ($90,000.000.00).
This authority does not permit the same obligation to be split into two or more bonds ln order to bring each such bond within the dollar
limit of authority as set forth herein.
The execution of such bonds, undertakings, recognizances and other surety obligations in pursuance of these presents shall be as
binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and
acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey.
Thrs Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company
on September 15,2011, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned
Secretary as being in full force and effect:
'VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety
Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and
authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set forth in their respective powers of
attorney, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and
other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of
process."
This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the
unanimous consent of the Board of Directors of the Company on September 15, 201 '1 :
VOTED, That the signature of the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President,
of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the
Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond
executed pursuant to the resolution adopted by the Board of Directors on September 15,2011, and any such power so executed,
sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the
Company.
Page 1 of 200rv10013 00 03 03 Printed in U.S.A.
Atc 0000279979
Attested and Certified Arch lnsurance Company
hA {r#**
Patrick K. Nails, Secretary
STATE OF PENNSYLVANIA SS
dM n, Executive Vice President
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Arch lnsurance - Surety Division
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and cail hc \ ic$cd with a ma{ilil
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l, Michele tripodi, a Notary Public, do hereby certify that Patrick K. Nails and David M. Finkelstein personally known to me to be the
same persons whose names are respectively as Secretary and Executive Vice President of the Arch lnsurance Company, a
-t;
i, Notary Publi
My co on expires 07/31
CERTIFICATION
l, Patrick K. Nails, Secretary of the Arch lnsurance Company, do hereby certify that the attached Power of Attorney dated June 4. 201 9
on behalf of the person(s) as listed above is a true and correct copy and that the same has been in full force and effect since the date
thereof and is in full force and effect on the date of this certificate; and I do further certify that the said David M. Finkelstein, who
executed the Power of Attorney as Executive Vice President, was on the date of execution of the attached Power of Attorney the duly
elected Executive Vice President of the Arch lnsurance Company.
lN TESTIMON" *r=*=l[ j 101f, :?!ffi .ror"ribed my name and affixed the corporate seal of the Arch lnsurance Company on
this _day ot }llAR
Patrick K. Nails, Secretary
This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have
no authority to bind the Company except in the manner and to the extent herein stated.
PLEASE SEND ALL CLAIM INQUIRIES RELATING TO THIS BOND TO THE FOLLOWING ADDRESS:
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ln Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized
officers, this 4th day of June, 2019.
appeared before me
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