Forestar (USA) Real Estate Group, Inc. Material and Labor Bond PM13757 US00109946SU21A?t^
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FOR: Grading/Drainage g
Erosion Control $WQMP $Total $
MATERIAL AND LABOR BONDCITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.2)
31 250.00 Parcel Map APN 364-070-034 PM13757
51 000.00 Other Project No. GP21-035
Bond No. USO01099465U21A
250.00 Premium premiu m lncluded on Performance Bond82
Surety XL oecialtv lnsurance Com Principal F restar SA I Esta rou cAddress Z Seavi Aven Address: 2221 E. Lamar Blvd Suite 790City/State Stamford CT City/State: Arlinqton. TXZipcode 06902 Zip:76006Phone (203 )e6 4-5200 Phone: (81 7) 769-1867
WHEREAS the City Councit of the City of Menifee State of California, and Forestar (U SA)Real Es teG u lnc.(hereinafter designated as ',principal") have entered into, or are aboutto enter into, the attache d agreement(s) whereby pnncrpa I agrees to install and complete theabove designated Gradi ng, Erosion Control & We MP relating to APN 364-070-034, PM 13757.EeItqw Site for TR36852 , which agreement(s), dated
to and made a part hereof; and,, is/are hereby referred
wHEREAS, under the terms.of .said agreement(s), principar is required, before entering uponthe performance of the work, to fire i good ani iufficient payment b""J *itn the city ofMenifee to secure the craims to which reference is made in ritte a d;;;;Jil *ith section9000) of Part 6 of Division 4 of the civir code of the state of carifornia;
It is hereby expressly stipulated and agreed upon that this bond shall inure to the benefit ofany and all persons, companies and corporations entitled to file claims under Ti e 3(commencing with Section 9000) of Part 6 of Division 4 of the Civil Code, so as to give a rightof 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; othenrise, it shall be and remain in full force and effect.
9/8115
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NOW, THEREFORE, said principal and the undersigned, as surety, are firmlybound unto the City of Menifee and all contractors,
corporate
subcontractors,laborers, materialsuppliers, and other persons employed tn the performance of the agreement(s) and referredto Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code in the sumof($82.250.00) formaterials furnished or labor thereon of any kind,or for amounts due under the Unemploymentlnsurance Act with respect to such work or labor, that said surety will pay the same in anamount not exceeding the amount hereinabove set forth, and also in case suit is broughtupon this bond, will pay, in addition to the face amount thereof, costs and reasonableexpenses and fees, including reasonable attorney's fees, incurred by the City of Menifee insuccessfu I ly enfo rci n g such obligation, to be awarded and fixed by the court, and to be taxedas costs and to be included in the judgment therein rendered.
MATERIAL AND LABOR BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration, oraddition to the terms of the agreement(s) or to the spJcifications accomfanying tne sameshall in anywise affect its obligation on this bond, and it does hereby waive notile of any suchchange, extension of time, alteration, or addition.
Surety further stipulates and agrees that the provisions of Section 2g45 ol the Civil Code arenot a condition precedent to surety's obligations hereunder and are hereby *aiveo uy surety.
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and suretyabove named, on May 26,2OZ1 .
NAME OF PRINCIPAL: Forestar USA) Rea I Estate Grouo , Inc(
AUTHORTZED STGNATURE(S):
By
N s D. Arr,rn
ftn.nc,'^-l O(*i uf
(rF coRPoRATtON, AFFTX SEAL)
e LW .f
NAME OF SURETY: XL S ecialtv lnsurance Comoanv
AUTHORIZED SIGNATURE:ilr 4//r/-
Noah William Pierce, lts Attorney-in-Fact
(rF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN.FACT.
9/8/15
COUNTY OF Mecklenburo to wit:
l, Catherine Thomoson, a Notary Public in and for the State and County aforesaid, do hereby certify
that Noah William Pierce, whose name is signed to the foregoing bond this day personally,
appeared before me in my said State and County aforesaid and acknowledged the same.
Given under my hand this ?(k daV of llo/r ,2021
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DocuSign Envelope lD: C2C0FC84-C1A8-4794-AC93-96788DE81F3D
STATE OT PENNSYLVANTA
COUNTY OT CHESTER
l, Kevin M- t'liEch, Assistant S€aEtiry of xL SPECIALTY INSUR NcE COMPANY, a corcoration of U|€ State of Detaware, do hereby certifythat ttE abor'e and forgong E a full, true 6nd corect copy of a Flou,er of Attorney issu€d by ,atd Companir, and that I hav€ comp.rcd
same wth d€ o.Ein l and thBt jt ls a dr€ct trdns.ri thecfrcm altd of ttle rlrole of ttl€ dqinat ar{ that dE said power cf AlrD.ne/ is
still n full fo.re aft, e,ffed and ha5 not been l€rd(ed
Iil - MII1ESS WHEREOF, I h.\it rsa,nto set my hand ard affred rhe seat of sai, Co.lErattn, at tE CiW of El(on, th6 ?4r day oIfut 'ltaL '
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IN WITI{ESS WHEREOf, XL REINSURANCE AI4ERIC-A INC. has
signed by [s duly authodzed ofliceG this 2nd day of December. 2020.
STATE OF PENNSYLVANTA
COUNTY OF CHESTER
KEm M MrEh. ASSISTANT StCnEI nY
€us€d its oorF.6te s€al to be heeunlo afflrcd, and Slese presenB to be
xL REII{SUR r{CE A|{ERIC It{C.
c)
G€gory 8oaI, VICE PRESID€NT
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Kryin M Mrr'.h, ASSlSrAftT SECREIAiY
On thE 2nd day of Dec€mber, 2020, before me p€lsonalv canE Grcgory Eoat io me knorrn, !rho,
that he is vie President of xL RETNSURANCE AMERICa INC., descriH in and whEh o(ecut€d th€
seEl of sad Co.prati$; tllat tt|€ seal affiEd to th€ afcesad instruftEnt 6 such corDaate seat
autho.'ty d the Eoard of Dir€.to.s of sad Corpd-dtioo, and that he exeord Rl€ sad rnstrurEnt by tte o.der.
iadlar.
and ras affixed thereto
S, GTac€ FT€€d BTown, NOTARY PUBLIC
belng duv swom, did
abo/e insuun€n! that
STATE Of PENNSYLVANIA
cour{rY of CHESTER
I. l(evn M. Mrrs.h, Assistant S€cEtary of XL REINSUR NCE AMERICT INC. a cDrco-ation of the SLrte of New Yo.t, do hercby cert{y Ulattlle person who o€€uted this Power of Attomey, with th€ rEhts, rcsp€cnve[ of xL REINS.IRAI'ICE AIIERICA tNC., cb hereby ceti/ Blat
the abov€ and brgorng is a f!ll, trL€ and conect copy of a PoM€r of Attorney issu€d by said Co.po.ation, and that I have comparEd sar.ne
with the onqnal and that t is a cor€ct transcnd theref.om and of ttE whol€ oriJinal and that sle saii Power of Attor€y rs nrtt in luti ffice
ard effect and has not ben @.ked
IN Wm{ESS WHEREOF, I have he€{nb set nV hand aM aflxed dE seal of sad CorFlatixr, at ttE C'ty of Eton, th6
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TIE Pov\s of Attorney Fay not b€ us€d to ercftte any bond w h an n eptd clate after r?2/2022
s80042 Page 2 of 2
Kevm M. llreh. ASSISTANT SECREIARY
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