KB Home Coastal, Inc. Faithful Performance Bond 29835-3 024252533FOR LANDSCAPE:
'1-Year Maintenance
Total
Community Development Department
FAITHFUL PERFORMANCE BOND
FOR
MODEL HOME COMPLEX
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
$ N/A TracVParcel Map 29835-3
Other Project No-fL Ptl!Z!=O1_4L_$23 500.00 Bond No 0242s2533
Premium: $141.00
Surety t iharry lr"r||'t tnq,,ran.a r]nmn^n KB Home Coastal lnc.v Principal
AddressAddress 175 Berketev Skeet 36310lnlen.l Vallev Drive
City/State Boston MA City/State Wildomar CA
zip code o2116 zip 92595
Phone 617-357-9500
WHEREAS, the City of Menifee, State of California, and,KB Home Coastal, lnc
(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 Model Home
Complex project, related to (TracuParcel)29835-3 PLN21-014 , which agreement(s) is/are hereby
referred to and made a part hereof; and,
WHEREAS, said principal is required under the terms of sard agreement(s) to furnish bond(s) for the
faithful performance of said agreement(s);
The condition of this obligation is such that if the above bonded principal, his or rts 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 voidi 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.
NOW, THEREFORE, we the principal and Libertv Mutual lnsurance Companv , as surety, are
held and firmly bound unto the City of Menifee in the penal sum of Twentv-three Thousand Five
Hundred Dollars and No Cents ($23.500.00) 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 administra-
tors, jointly and severally, firmly by these presents.
?l
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 ol the Civil Code and
commencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
lN wlrNESS wHEREoF, this instrument has been duly executed by the principal and surety
above named, on i/ay 25th 2021
By
Na Scott Hangen,ice President, Fonrfrd pfan*[
NAME OF SURETy: Liberty Mutual lns Company
AUTHORIZED SIGNATURE Brenda Wong, VPrney-in-Fact Title
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
Title
NAME OF pRlNClpAL: KB Home Coastat, tnc.
AUTHORIZED SIGNATURE(S):
(IF CORPORATION, AFFIX SEAL)
GALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT
A notary public or other officer completing this certificate verifles only the identity of the lndividual
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 Riverside
on s\aubt before me, Shannon Luebs, Notary Public,
personally appeared Scott Hansen, who proved to me on the basis of
satisfactory evidence to be the person(s) whose name(s) is/are subscribedto the within instrument and acknowledged to me that he/shelthey
executed the same in his/herAheir authorized capacity(ies), and that by
his/h€#the+ 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.
WITNESS my hand and offlcial seal.
SNANNON IUEBS
flclary Publ( - Ca cha
R,?arrlc€ Cou.t!
Comfi6s0n : 22!.93,11
My Comm ErplgsAL410 2021
Shannon Luebs (SEAL)
'rlA,\-)/
_J-/w\y\J_))
A notary public or other officer completing this certificate verifies only the
identity of the individualwho signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or validity of that document.
State of California
County of Los Angeles
on MAY 262021 before me,M. Gon za les Nota Pu blic personally
appeared Brenda Wong who proved to me on the basis of satisfactory
evidence to be the person(s) whose name(s) is/a+e-su bscribed to the within
instrument and acknowledged to me that he/she/they executed the same in
hislher/the* authorized capacity{ies}, and that by his/her/thei+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.
WITNESS my hand and official seal.
(sea l)Signatu re tU b^'-",1-r-'na.conr.t"r,.dota ry P u bl ic
I\,I GONZALES
Noldry Pubiic - Crlilornia
Loi Ang€le5 CounlY
Committion t 2211628
MyComm Erpre,Ocl5 202l
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE 51189
Libertv
Mutudl.
SURETY
This Powerof Attorney limits the acts of those named herein, and they have no authority to
bind the Company except ifl the manner and lo lhe extent herein stated.
Liberty Mutual lnsurance Company
The Ohio Casualty lnsurance Company
West American lnsurance Company
Cerlilicate No: 8204866
POWER OF ATTORNEY
KNOWN ALL PERSoNS BY THESE PRESENTS: Ihat The Ohro Casualty lnsurance Company is a corporation duly organLzed under the laws of the State of New Hampshire, that
Brenda Wonq
allolthe city of Los Anqeles state of Caliloihia
pursuance ol these presents and shal be as binding upon the C ompanres as if they have been duly signed by lhe president and attested by the secrelary of the Companies in lheir
own proper persons.
lN WTNESS WHEREOF,lhis Power of Attomey has been subscribed by an aulhorized office. or ofllcialof the Companies and the corporate seals of the Companies have been affixed
theretothis 15lh dayof February, 2021
Liberty [,,lulual lnsurance Company
The 0hio Casualty lnsurance Company
Wesl American Insurance Company
Davld Ir4 Carcy Assislant Secretary
STATE OF PENNSYLVANIA
COUNTY OF I\4ONTGOIVIERY
ss
The Ohio Casualty Company and West Amencan lnsurance Company and lhat he, as such. berng authorized so lo do. execule the foregorng nstrument for the purposes therein
contained by signing on behalf of lhe corporations by himself as a duly aulhonzed officer.
lN WTNESS WHEREoF, lhave hereunlo subscribed my name and affixed my nolanalsealat King of Prussia, Pennsylvania, on the day and yearfirsl above written
By
Teresa Paslella, Notary Public
Member PennsrvanEAsscElion ol NoLnes
This Power ofAltorney is made and executed puEuanl toand by authority of the following By-laws and Authonzations ofThe ohio Casualty Insurance Company. Liberly lvlufual
lnsurance Company. and WestAmencan lnsurance Company which resolutions are now in fullforce and effecl readrng as follows
ARTICLE lV - 0FFICERS: Seclion 12 Poter of Atlorney
Any officer or other oflicial of the Corporation aullrorzed lor thal purpose in wriling by the Chaiman or lhe President, and subject to such mrtation as the Chairman oa the
Presidenl may presc be, shallappoinl such attorneys in facl. as may be necessarlo acl in behalfoflhe Corporalion to make execute, seal acknowledge and deliver as surety
provrsions ofthis artrcle may be revoked atany time by the Board. the Charrman, the President orby the oilicer or ofliceB granting such power or aulhonly.
ARTICLE Xlll - Ex€cution of Contracts: Sectlon 5 Surety Bonds and Undetukings
shallappoinl such attomeys in fact, as may be necessary to acl in behaf oflhe Company lo make, execule seal, acknowledge and deliver as surety any and allundertakings,
the Company by therrsignature and execution of any such inskuments and to attach thereto lhe sealof the Company. When so executed such inslruments shallbe as binding
as ifsigned by the presrdent and attesled by the secrelary.
nfact as may be necessary lo act on behalf ol lhe Company to make, execute, seal, acknowledge and deliver as surety any and all undedakings, bonds, recognizances and other
surety obligations
of the Company, wherever appearing upon a cerlified copy of any power of attorney issued by the Company n conneclion with surety bonds, shall be valid and binding upon the
Company with thesame force and effect as though manualy affixed.
l, Renee C Llewellyn, the undeBigned, Assistanl Secrelary ol Libe8 Llutua nsurance Company The ohio Casualty lnsurance Company and West Ame can lnsurance Company
do hereby certify that this power oi altorney executed by said Companies is in fulllorce and eflecl and has not been revoked
lN TESTII{ONY WHEREOF,I have hereunlo sel my hand and affixed theseals of said Companies this ------:L day of [Iay
Com6o.w*llh oi PennsylGnb ' Nol5ry SezL
To6a Past6l. Norary Pub .
Monlgomei! C.unty
My 6mmssron oxp re6 March 28 2025
Cmm ssion number 1 126044
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By
Renee C. Llewellyn, Assrslant Secretary
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