Showprop Menifee, LLC/ Showprop Pico Rivera, LLC Material and Labor Bond 36299-1 0770132FOR: Grading / Drainage $
Erosion Control $WQMP $Total $
MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
98 500.00 Tract 36299-1 Lots 13-1 5
33 750.00 Other Project No. GP18-028P
256,000.00 Bond No. 0770132
388 250.00 Premium lncluded in Perf. Bond
Surety Harco National Insurance Co Principal Showprop Men ifee LlC/Showprqp
Address 2999 Oak Road . Suite 820 Pico Rivera LLC
City/Sta te Walnut Creek CA Address 2275 W. 190th S etzlP 94597 City/State Torrance, CA
Phone 925-256-8760 Zip 90504
Phone (310) 560-1270
WHEREAS, the City of Menifee, State of California,and Showprop Menifee LLC/Showprop
Pico Rivera LLC , (hereinafter designated as "principal") have entered into, or are about to
enter into, the attached agreement(s) whereby principal agrees to install and complete the
above designated Grading, Erosion Control & WQMP relating to (CUP)
TR 36299-1 Lots 13-15 / GP18-028P 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 Three Hundred
Eishty Eiqht Thousand T ,Dollars, $388 250.00 for
materials furnished or labor thereon of any 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; otherwise, it shall be and remain in full force and effect.
9t8/ts
,ME_N tFEE
O3.
MATERIAL AND LABOR BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of this agreement orto 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 are not a condition precedent to surety's
obligations hereunder and are hereby waived by surety.
lN WITNESS WHEREOE this instrument has been duly executed by the principal and surety
above named,on November 18 2019
NAME OF PRINCIPAL: Showprop Menifee LLC / Showprop Paco Rleta 1LA
AUTHORTZED STGNATU RE(S) :
By
R Qi4DName:
Title:0
(tF coRPoRATtON, AFFIX SEAL)
NAME OF SURETY: Harco National lnsuran Com
AUTHORIZED SIGNATURE:.rr,!- l'*rl.'-
el A. Porter, lts Attorney-in-Fact Title
(tF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
9l8lts
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A notary.public or other officer completing this certficate
verifies only the identity of the individual who signed the
document to whicfr this cefficate is atEaclred, and not the
truthfulness, accurzrcy, orwlidity of that document
State of Callforula
County of Los Angeles
or)evnLee lq :1019 before me,on [)Notary Publb,
personally appeelred
who proved.to me on the of satisfiactory evidence b be whose i)
insffument and to executed tn
on the instrument ;),
or the entity upon the )executed instrument
I certiff under PENALTY OF PERJURY under the lars of the State of Calificmia that the foregoing
paragraph is tue and conect
WTTNESS mv hand and official4%rdil seal-
(Seal)
Signature
Nctary Acloorf @ment - Gseral
SSCORPE)I 863.doc, Updet laio-1Z
R. fONTES
Notary Public - California
Los Angeles County
Commission # 2217566
My Comm. Expires Nov 5, 2021
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Prirfred 1L3o.14 @ 0g16AM by CF
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POWER OF ATTORNEY
HARCO NATIONAL INSURANCE COMPANY
INTERNATIONAL FIDELITY INSURANCE COMPANY
Member companies of IAT lnsurance Group, Headquartered: 702 Oberlin Road, Raleigh, North Carolina 27605
KNOW ALL MEN BY THESE PRESENTS: That HARCO NATIONAL INSURAi{CE COMPANY, a corporalion organized and existing under lhe laws ol
the State or lllinois, and INTERNATIOIIAL FIDELITY INSURANCE COMPANY, a co.poration orgahized and existing under the laws of lhe State of New
Jersey, and having their principal offices located respectively in the cities of Rolling Meadows, lllinois and Newark, New Jersey, do hereby conslitute and
appoint
IVAN M. MAROEVICH, JR., RACHEL A. PORTER, WLLIAM R. GRINDELL, VALERIE D. WILLIAMS-COLE, PAUL
F. PERLITE
San Francisco, GA
their true and lawful attorney(s)-in-fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of
indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required or permitted by law, slatute, rule, regulation, contract
or otherwise, and the execution of such instrument(s) in puEuance of these presents, shall be as binding upon the said HARCO NATIONAL
INSURANCE COttIPANY and INTERi{ATIONAL FIDELITY INSURANCE COMPANY, as tully and amply, to all intents and purposes, as it the same had
been duly executed and acknoudedged by lheir regularly elected officers at their principal otfices.
This Power ofAltorney is executed, and may be revoked, pursuant to and by authority ofthe By-Laws of HARCO ATIONAL INSURANCE COiIPANY
and INTERNATIONAL FIDELITY INSURANCE COMPANY and is granted under and by auihority ot the rollowing resolution adopted by the Board of
Directors of INTERNATIONAL FIDELITY INSURAI{CE COiTPANY at a meeting duly held on the 13th day of December,2018 and bythe Board oI
Directors of HARCO NATIONAL INSURANCE COttlPAl{Y at a meeting held on the 13th day of December, 2018.
'RESOLVED, that ('l) the Chiel Executive Officer, President, Executive Mce President, Senior Vice President, Vice President, or Secretary of lhe
Corporation shall have the power to appoint, and to revoke the appointrnents ol Attorneys-in-Fact or agents with power and authority as defined or limited
in lheir respective powers of attomey, and to execute on behalf of the Corporation and affx lhe Corporation's seal thereto, bonds, undertakings,
recognizances, contracls ol indemnity and other written obligations in the nature thereof or related thereto; and (2) any such Officers of lhe Corporalion
may appoint and revoke the appoinlments ofjoint-control custodians, agenls for acceptance of process, and Attorneys-in-fact with aulhority lo execute
wBivers and consents on behalf of the Corporation: and (3) the signature ofany such Officer ot the Corporation and the Corporation's seal may be affixed
by facsimile to any power of attorney or certification given for lhe execution of any bond, underlaking, recognizance, contracl oI indemnity or other written
obligation in the nature lhereof or related thereto, such signature and seals when so used whether heretofore or hereafler, being hereby adopted by lhe
Corporation as the original signature of such ofiicer and the original seal of the Corporation, to be valid and binding upon the Corporation with the same
force and effect as though manually affxed."
IN WITNESS WHEREOF, HARCO NATIONAL INSURANCE COMPANY and INTERNATIONAL
FIDELITY INSURANCE COMPANY have each executed and attested these presents
on this 31st day of December, 2018
Bond # 0770fi2
STATE OF NEW JERSEY
County of Essex
STATE OF ILLINOIS
County of Cook *i5*'[-;ik*
'Ti SEAL :S:
i#il-ii$
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Kenneth Chapman
Executive Vice President, Harco National lnsurance Company
and lnternational Fidelity lnsurance Company
Onlhis 31st dayof December,2018 , belore me carne the individualwho execuled the preceding instrument,lo me peGonally known, and,
being by me duly sworn, said he is the therein described and authorized offcer of HARCO NATIOiIAL I SURA CE COITPANY and
II{TER AnO AL FIDELITY II{SURANCE COI$PANY; that the seals afixed to said lnstrurnent are the Corporale Seals of said Companies; that lhe
said Corporate Seals and his signature were duly affxed by orde. of lhe Boards of Directors ol said Companies.
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lN TESTIMONY WHEREOF, I have hereunto set my hand affixed my Official Seal, at the City of Newark,
New Jersey the day and year first above written.
Shirelle A. Outley a Notary Public of New Jersey
My Commission Expires April4,2023
GERTIFICATION
l, the undersigned officer ol HARCO AnONAL INSURAi{CE COI{PANY and INTERNAnONAL FIDELITY INSURANCE COIIIPANY do hereby certify
that I have compared the foregoing copy of the Power of Attorney and afrdavit, and the copy ol the Seclions of the By-Laws ot said Companies as set
forth in said Power of Attomey, with lhe originals on file ii the home offce of said companies, and thal lhe same are correct lranscripb thereol and ol the
whole of the said originals, and that ihe said Po/er of Attomey has not been revoked and is now in full force and etfect.
lN TESTIMONY WHEREOF, I have hereunto set my hand or this day, November 18, 2019
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lrene Martins, Assistant Secretary
ACKNOWLEDGMENT
State of California
County of -San Francisco )
On November 18 2019 before me,Dara Touch. Notarv Public
(insert name and title of the officer)
personally appea red Rachel Porter
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) islare
subscribed to the within instrument and acknowledged to me that helshelthey executed the same in
his/her/their authorized capacity(re+), and that byJqi€16.r/their signature(s) on the instrument the
person(+l or the entity upon behalf of which the person(+ acted, executed the instrument.
! 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.zz San Francis
- Californir
C ommission co County
Comm # 2159426
/
res Jul 9,2020
Signature r'r-'(Sea!)
A notary public or other officer completing this
certificate verifies only the identity of the individua!
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
valid of that document
I