Scott Road Partners, LLC Faithful Performance Bond PM36597 CMS0338322FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS AND / OR EROSION CONTROL
OR LANDSCAPE !MPROVEMENTS
CITY OF MENIFEE. STATE OF CALIFORNIA
(Government Code Section 66499. i )
FOR GRADING:
Grading/Drainage
Erosion Control
WQMP
Total
Surety RLI suran c
$268..00 Parcel Map PM36597
s 76.5 .00 Other Projec1 No. GP1 &026I3,000.00 Bond No. CMSO
1.32 7.500.00 Premium $11 .948.00
u
$
322
n Principal
Address
Road P ers LLCAddress801 S. Fioueroa St., Suite 900
City/State Los Anaeles, CA
zip code 90017
Phone (2 13\787-203
24 CorDorate Plaza. Suite 100
City/State N B ,CA
zip 92660
5 Phone (949) 706-8055
ffiEREAS, the City Council of the City of Menifee, State of Califomia,and Scott Road PartnersLLC (hereinafter designated as "principal") have entered into,or are about to enter into, theattached agreement(s) whereby princi pal agrees lo install and comple,te the abov ated gradingproiecl, related to (Parcel Map)PM36597 which agreement(s), datedis/are hereby refened to and made a part hereof; and,
I4EBEAq' said principal is required under the terms of said agreement(s) to tumish bond(s) for thefaithful performance of said agreement(s);
NOW THEREFORE, we the principat and uran as surety,are held and firmly bound unto the City of Menifee in the penal sum of One Million Three Hundred($1.32@n Thousa ive Hu and no/10 Dollars
United States, for the payment of wfrich sum will and truly be made, we bind ourselves, our heirs,successors, executors and administrators, joinfly and severally, firmly by these presents.
The condilion of this obligation is such that if the above bonded principal, his or its heirs, execulors,administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keepand perform the covenants, conditions and provisions in the said agreemint(s) and any at6ratioirthereof made as therein provided, on his or their part, to be kept and performed' jt the time and in themanner therein specified, and in all respecls according to their true intent and meaning, and shallindemnify and save harmless the city of Menifee, its oficers, agents and employees] as thereinstipulated, then this obligation shall become null and void; otherwis!, it shall remain'in full force andeffect.
As a Part of the obligation secured hereby and in addition to the face amount specified therefore, thereshall be included costs and reasonable expenses and fees, including reasonable attomey's fees,incurred by the City of Menifee in successfully enforcing such obligation, all to be taxed as costs andincluded in any judgment rendered.
9/8/t5
MENIFEE
c
?,;
I
E FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS AND OR/EROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
The surety hereby stipulates and agrees that no change, extension of time, alteration oraddition to the terms of the agreement(s) or to the work to be performed there under or thespecifications accompanying the same shall in anywise affect its obligation on this bond, andit does hereby waive notice of any such change, extension of time, alteration or addition to theterms of the agreement(s) or to the work or to the specifications.
Surety further stipulates and agrees that the provisions of Section 2B4S ol the Civil Code andcommencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
\Men the work covered by the agreement(s) is complete, the city of Menifee will accept thework and thereupon, the amount of the obligation of this bond is be released.
IN WTNESS WHEREOF, thi s instrument has been duly executed by the principal and surety
,2021above named,on Mav 11
NAME OF PRINCIPAL: Scott R d Partners LLC a Delaware limite d liabilitv comoa
AUTHORIZED SIcNATURE(S): By JUPTTERADVTSORS, LLC
a California limited liability company
Its Manager
By:
Name: Edmond F. St. Geme
Title: lts: Manager
SURETY: RLI lnsurance Company
Ma reta T. Thorsen, Attorney-in-Fact
(rF coRPoRAT|ON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
9/8/t5
CALIFORNIA ALL.PURPOSE ACKNOWLEDGME'{T CIVIL CODE g 1189
e$@
A notary public orother officercompletingthls certific8teverlfies onlythe Identityolthe individualwhosigned the document
to which thi5 certificate is attacied, and not the truthfulness, accuracy, orvalidity of that docrment,
County of Los Angeles
On s (11( zr before me, Sonia Vizcarrondo, Notary Public
Herc lDseft Nome qnd Tifle ol the OficetDote
personally appeared I\ra.gareta T Thorsen
Nome(s) of Signer(s)
)
who Proved to me on the basls of satlsfactory evidence to be the person(s) whose name(s) ls/are subscribedto the withln instrument and acknowledged to me that he/she/they execu-t6d tire same in'tils/her/theirauthorized.capacity(les], and that by hiyher^helr slgnature(s) on ihe instrument the person(s), or the entityupon behalf of which the person(s) actad, executed the lnstrument.
I cefttry under PENALTY OF PER.TI,JRY under the
lsws of the Stale of California that the foregoing
paragraph is true ond correct.
WTNESS my hand and ofiicial seal.
I
Ca;Al*J-,
Ploce Notory Seol on&or Stomp Above Signoture of Public
OPTIONAL
Completing this informdtian cdn deter dlterqtion of the document ar
froudulant rcottachment of this tom to on untntended document
Description of Attached Document
Title or Type of Document
DocumentDate: Number ofpages;_
Signe(s) Oth.r Thsn N6med Above:
Capaclty(ies) Chlmed by Sign.(s)
Slgne/s Name:SIgner's Name:
O Corporate Offlcer - Tltle(s):tr Corporate Oflicer - T.rtle(s);tr Psrtner - tr Limited tr General
O Indlvidual tr Attorney in Facto Trustee o Glardisn ofconsetvator
tr Partner - tr Limited El General
tr lndlvldual tr Attorney in Facto Trustee tr Guardian of Conservator
E Other:D other
Sigher is Representinq Slgner is Representlng:
02017 National Notary Association
State of Californla
Signature
POWER OF ATTORNEY
Rl-I Insurance Company
Contractors Bonding and Insurance Company
9025 N. Lhdbergh Dr. Peoiia,tL61615
Phone: 800-6{5-2402
Know AA Men b! Thae Praenrs:
That this Power of Attomey is not valid or in effect unless attached to the bond wbich it authorizes executed, but may be detached by thcapproving offi cer if desired.
That RLI Insurrnce Comprny and/or Contractors Bonding and lnsurance Company. each an tllinois corporatioo. (separatety and
together, the "Company") do her€by make, constihrte and appoint:
Marrrareta . Thorsen
in the City of Pasadena
full powcr and authority hercby conferred. to sigtr,
bonds aud undertakings in an amount not to cxceed( $25.000.000.00 ) for any single obligation.
Cali its true and lawful Agent(s) and Atromey(s) in Fact. with
execute, acknowledge and dcliver for and on its behalf as Surety, in general, any aod all
c Million Dollars
Vice P ident with its corporate seat affixed this l8th day of
, State of
The acknowledgment aud execution ofsuch bood by the said Anomey io Fact shalt be as binding upon the Company as ifsuch bond had beenexecutcd and acknowledged by the regutarly elected officers ofthe Company,
RLI lnsuranc€ Company and./or contrscloB Bonding snd Insuratrce Company. as applicable. haye each furtber certificd that tbcfollowing is a true and exact copy ofa Resolution adoptcd by the Board ofDirectors ofeach sucir corporation, and is now in forcc, to-wit:
"All bonds. policies, undertakings, Powers of Attomey or other obligations of the corporation shall be cxecuted in rhe corporatc namc of
the Company by the President. Secretary, any Assistant Secretary, Treasurer. or any Vice president, or by such orher ofliccrs as rhe Boardof Dircctors may authorize. The President. any Vice president, Secretary,any Assistant Secretary. or the Trcasurer may appointAttomeys in Fact or Agents who shall havc authority to issue bonds, policies or undertakings in the namc ofthe Company. The corporatc
seal is oot necessary for the validity of any bonds, policies,undeTtakiogs, Powers of Attomey or other obligations of the corporation. The
signaturc of aDy such officer and the corporate seal may be printed by facsil11llc."
IN WITNL.SS WtIEREOF, the RLI Insuraoce Company and/or Cootractors Bonding and lnsurance Compsny, as applicable. havc
caused these presents to be executed by its respectiveMarch , 2021
.i*:,;:ft RLI Insurance Comprny
Contrectors Botrding aod losurartce Comprny
$$.sj:'jA?iisnllr j 6/ r.#By
Barton W. Davis
CER'TIFICATE
Vice Prcsidenl
Corporste Secretary
i;;n,li"'.sState of Illinois
County of Peoria
Cr*.-; g*t
II
On this l!rt_ day of March 2021 . befbrc me, a Notary Public.
personally appeared Banon W. navis , who being by me duly swom,
acknowledged tlut he signed the sbove Power of Attomey as the aforesaid
ofEcer of the RLI lnrurooce Compony and/or Cortractors BoDditrg and
Itrsurotrce CompaD) and aclmowlcdgcd said insrrumenl to be the volururv
act and decd ofsaid corporrrion.
I, the unde.signed officer of RLI Imurrnce CoDpany an&or
Contracton Bordhg atrd Insurrnce Compaly, do hereby certif,
that the attached Power of Anomey rs in full force and eflict and is
inevocable: and furtheimore. that fie Resolution of the Company asrst lbrth in th Power uf Attomcy. is no* in fr.rrw. In rcsrimony
whereof, I have hereunto sct my hand and the seal of the RLI
Inouraoce Company and/or Cotrtractor! Bonding and lnsurance
Conpeoy this;L111__ day of u.v , axr .
RL[ Insurarce Compuy
Controctorr Bondhg at!d IDsurance CompanyNotary Public
(,
D,OFFEULS€A
Byi
Cafierine D- Glover
By
.^.005 3D 1'.1
SS
Jeffrey
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