Centerpointe, LLC. Faithful Performance Bond 800055487 PLN20-0139Community Development Department
FAITHFUL PERFORMANCE BOND
FOR
LANDSCAPE ANO IRRIGATION IMPROVEMENT AGREEMENT
CITY OF MENIFEE, STATE OF CALIFORNIA
(Govemment Code Section 66499.1)
FOR LANDSCAPE:
1-Year of Maintenance $ 68,358.00 TracuParcel Map No.
Total Cost Estimate PLN2O{I139 _ CENTER
POINTE PLAZA
LA DSCAPE PLAN
The followinq to be comDleted by the ADplicant:
surety: 1116n1;6 specialty lnsurance company PrinciPal: Center Pointe, LLC
Address: 1777 Sentry Parkway West, Suite 230 Address:402 W. Broadway, Suite 780
City/State: Blue Be , pA CityiState San Diego, CA
Zip Code: (A.22 Zip Code: 92101
WHEREAS, the City of Menifee, State of Califomia, and, Center pointe. LLC(hereinafter designated as "principal") have entered into, or are-bout-oGntei iitoS-e aftached
agreement(s) whereby principal agrees to install and maintain all landscape, including any additional
landscape materials, related to on-site landscape and inigation located on the souli eait comer ofNewport Road and calle De Tomas, APN 360-860-M7, -046 (as shown on Exhibit L or plot ptan
PLN20-0139), which agreement(s) iyare hereby refened to and made a parl hereof; and,
WHEREAS, said principal is required under the terms of said agreement(s) to fumish bond(s) for thefaithful performance of said agreement(s);
Phone: 781-332-9494 Phone: 949-322-5026
Bond No. 800055487
NOW, THEREFORE, we the principal and Atlanlic speciahv lnsurance company as surety, are held and firmlybound unto the City of Menifee in the penal sum of One Million, Six Hundred Ninety-TwoThousand. Five Hundred Twenty-Two Dol ($'1.692.5221 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 atteration 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: othenivise, it shall remain in full force and efiect.
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 attomey's fees,
incuned by the City in successfully enforcing such obligation, all to be taxed as costs and included in
any judgment rendered.
S {,692,522.00 Project No.
FAITHFUL PERFORMANCE BOND
FOR
LANDSCAPE AND IRRIGATION IMPROVEMENT AGREEMENT
The surety hereby stipulates and agrees that no change, extension of time, alteration oraddition to the terms of this agreement or to the work to be performed there under or thespecifications accompanying the same shall in anywise afiect its obligation on this bond, andit 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 andcommencement of construction are not conditions precedent to surety's obligations hereunderand are hereby waived by surety.
lN wlrNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on May 3 2021
NAME OF PRINCIPAL: Center Pointe, LLC
By:
Name:
Title:a.alLt bAr'.,.y
(rF coRPoRATION, AFFTX SEAL)
NAME OF SUREW Atlantic SDecialtv lnsurance ComDanv
AUTHORIZED SIGNATURE:/4 'L4'1:
Its Attorney-in-Fact Title
Wlliam Leo Minderjahn - Attomey-ln-Fact
(rF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY{N.FACT.
AUTHORTZED SIGNATURE(S):
I
( l5)
( l6)
(t7)
(t8)
(le)
County of , to wit:
I,
STATE OF
a Notary Public
in and for the county and state aforesaid, do hereby certii/ that _
whose name is signcd to the foregoing writing, bearing the execution date of the _day of
, 20_, has this day acknowledged the same before me in my said county.(2O) Givcn under my hand this _ dry of _ ,20-.
(21) Nokryscal
County of _, to wir
I,
Notary Public
, a Notary and for the county and state
who as
a corporatton,
(22)
(23) Commission Expires:
ACKNOWLEDGMENT BY PRINCIPAL IF CORPORATION, LLC oT LLP
(24)
(2s)
(26)
(27)
(28)
(2e)
(34)
(3s)
(36)
(37)
(38)
(3e)
STATE OF
aforesaid, do hereby certifo that
signed the foregoing writing for
bearing the exccution date ofthe duy ,20-, has this day,
in my said county, before me, acknow the said writing to be the act and deed ofthe said corporation(30) Given under my hand this day of-,20-
(31) Nobryseat (32), Notary Public
(33)Commission Expires:
ACKNOWLEDGMENT FOR SURETY
STATE OF pnNNsvr.VANIA
County of vo MERY , to wit
I, Maria Vsdrrlis , a Notary Public in and for the county and state
aforesaid, do hcreby certifu that wiltir l,r'o Fcl , who signcd themMinderighnAtlornev-ln-
foregoing writing, orhereto annexed, for Athptic sp€cidty Insunnce complny , a corporation,
bearing the execution date ofthe 3rd dayof Mrv ,202t , has this day in my said
county, before me, acknowledged the said writing to be the act and deed ofthe said corporation.(40) Given under my hand this 3ra day of ua, ,2ozr
(41) Notaryscll CofftooYrdt r ot Plrrrytarllr - xd Y SGat
ltlnn V 0^nll5, ]lotary A,6tkflmtffiE y Cor*y
l,ty CqmdtJc txp{r6 DrcemDar 5, m21. Comrnlrtlon Nu*er 12E0a0l
(42)
(43)Commission Explres: n^.nmhe r 5 2O2l
)ie 2r,.,r?tat2'/,,I,N otary Public
Sufficiency in Form and Manncr of Execution Approved:
Dated this day of . ._. ,2O
Attorncy Gcncral
By:
Assistant Aftorney Gencral
ACKNOWLEDGMENT BY PRINCIPAL IF INDIVIDUAL OR PARTNERSHIP
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Torrl C..h a t.E*r.nrs
btla's .tsdaye<t in !tausan<!:
Tolrt Admlrcd Assals
r47..06
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Prtnirms ,!d C.o.rsi&.alidB OE
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Peicd Edden 123'lr&2O
2 873.992
Ioral Liabill(es.Ed Ca,S
s 1.5@.023
25.8?5
Ll.bili6!3 and S0rplus
Loss Adiush&l Eryen$ Rese.Es
Ioa.l Los A LAE R.em.
(ll€ai.d Prernin Res€rE
Ioid Reiosrfic. Ll&dities
C(trlmirridl5, Otf.( Erocoses, aod Tar(os dt e
Payable lo Par.nr, Subs o. A6liatos
s 47a,a.84
272.666
1. t5i.554
?.4*,to7
9.mr
C.Plt land Surplu6
C.afi rnoo C.pilal Slock
ftclciEd Cqnd Slet
Ou€r eEhd.g G.os. Co.ltd .d
C.plr.l a Surplui
91.94,1
772.Ul
823.266
2,873.9S2
State of Minnesota
County ol'Hermepin
I, Kara Barrow, Secretary ol- Atlantic Specialty lnsurance Company do hereby certity that
the foregoing statement is a correct exhibit o[ the assets and liabilities of the said
Company, on the 3l'r day of Decernber,2020, according to the best of my information,
knowledge and belief.
,tkx,\Ouv'
Secretary
Subscribed and swom to, before me, a Notary Public of the State of Minnesota on this 2'd
day of March. 2021 .
Notary Public
L2@5C[EiriD
KERRI RIECHERS
Notsry Pt blic
lrinno8ola
593.a61
t3,171tT'
2J7.9,12
r)t<
CENTER POINTE SHOPPING CENTER
I\iIENIFEE, CA
CHIPMAN ARCHITECTS
Ridge Landscape Architects
4t23t2021
OPINION OF PROBABLE CONSTRUCTION COSTS
Based upon Construction Documents Daled 0410512021
'All other site walls per Civil Scope oI Work
" Mow Curb along Newport Road is exisling to remain
-
Item Description Quantity Ljnit Cost Total Cost
Hardscape
Pl - Natural Gray Concrete Paving 12,580 $8.00 $100,640.00
P2 - Natural Gray Concrete Paving 13,900 Sf s8.00 $11 1,200.00
P3 - Concrete Banding 4 270 Sf s10.00 $42,700.00
655 Sf $15.00 $9.825.00
760 $15.00 $1 1,400.00
PO - Colored, Stamped Asphalt 4,125 Sf $5.00 $20,62s.00
P7 - 6" Wde Concrete Mow Curb 618 tf $10.00 $6,1E0.00
W1 - Cast-in-Place Conc. Seatwall with Back 64 tf $200.00 $12,800.00
\/v2 - Caslin-Place Conc. Planter Wall 116 tf $160.00 $18,560.00
Hardscape Subtotal $333,930.00II
Item Description Quantity Unit Cost Total Cost
Site Furnishings I
S1 - Lounge Chair 4 ea $600.00 $2,400.00
52 - Dining Table 9 ea s900.00 $8,100.00
52 - Dining Chair 1'ea $32 0.00 $ 10,240.00
53 - 8 Ft. Dia. Umbrella I ea s650.00 $5,850.00
54 - Trash Receptacle $800.00 $6,400.00
55 - Bike Rack 5 $1,200.00 $6,000.00
56 - Single Bicycle Locker 11 ea $2,000.00 $22,000.00
57 - Bench 6 ea $E00.00 $4,800.00
SB - 5' Sq. Tree Grate 11 $3,000.00 s33,000.00
S9 - 36" Sq. Planter $1,000.00 $27,000.00
510 - Coffee Table 2 ea $3 50.00 $700.00
511-AshUrn 2 ea $ 500.00 $1,000.00
S'12 - Kismet Sculpture and Concrete Base 1 $ 1 2,000.00 $12,000.00
S15 - Double Bicycle Locker 2 ea $2,400.00 $4,800.00
Site Fu rnish ings Subtotal $144,290.00
' All Site Furnishings not included ,n this Cost Estimate to be per separate F.F.E
sf
P4 - Truncated Dome Pavers
P5 - Porcelain Pavers sf
8 ea
ea
ea
ea
I
Quantity Total CostItem Description
$3,000.00ation ControllerI 1
45,572 $113,930.00lrrigation
$116,930.00lrrigation Su btotal
III-r@EEII
I@
sf s0.3s $ 15,950.20Soil preparation /.q q-7)
$0.60 $27 ,343.20i/ ulch 45,572 Sf
Root Barrier (qty.131 @201.1. ea.)2,620 lf $6.75 $17,685.00
Specimen Tree (60" box)2 ea $4.800.00 $9,600.00
16 ea $2,000.00 $32,000.00Specimen Tree (48" box)
ea $800.00 $31.200.00Tree (36" box)39
Tree (24" box)137 ea $375.00 $51,375.00
Tree ( 15 Gal.)21 ea $'175.00 $3,675.00
ea $35.00 $2.90s.00
1,300 ea $25.00 $32.500.005 Gal shrub
ea $10.00 $128,030.001 Gal shrub 1 2, E03
65,886 sf $0.10
t 358,852.00Planting Subtotal
@ IIIE
I-Hydroseed Mix $6,588.60
15% Contingency
PROJECT TOTAL I $ 1,624,164
I Year - Landscape Maintenance 45,572 Sf $1.50 $6E,358.00
Note:
Ridge Landscape Architects (RLA) has prepared this estimate of probable construction costs
on the basis of its best professional judgement and experience with the construction industry.
The estimate, however, represents assumptions and opinions of the construction market and
contraclor's methods of determining actual construction costs over which RLA has no control
5 Gal vine
$ 670,162I
PROJECT GRAND TOTAL I 1,692,522