D.R. Horton Los Angeles Holding Company, Inc. Faithful Performance Bond TR3740 30130824FOR: Streets and Drainage $
Water System $
Rec. Water System $
Sewer System $Total $
FAITHFUL PERFORMANCE BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1 )
TR 37400
Bond No
Premium
30'130824
$6,795.00
2.081,000 00
95 500 00
166 500 00
Surety
United States, for the payment of which sum will an
heirs, successors, executors and administrators,
presents.
343 000.00
The Continental lnsurance Comoanv Principal D.R Horton Los Anqeles Holdin
Companv. lnc.
Address 2280 Wardlow Cir #100
2
q
City/State Lisle IL
zip code 60532 zip 92BBO
Phone 630-468-5600 Phone (951) 739-5469
WHEREAS, the City Council of the City of Menifee, State of California,and D.R. Horton Los
Anqeles Holdinq Company, 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 public improvements relating to TR 37400 / lP20{16 , which
agreement(s), dated
part hereof; and,
, is/are hereby referred to and made a
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s)
for the faithful performance of said agreement(s);
NOW, THEREFORE, we the principal and The Continental lnsurance Company, as surety,
are held and firmly bound unto the City of Menifee in the penal sum of Two Million Three
Hundred Forty Three Thousand and no/100 , Dollars, ($3343p90.0,9) lawful money of the
d truly be made, we bind ourselves, our
jointly and severally, firmly by these
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(s) 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 void; othenrvise, 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 of Menifee in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
7t
MEN I FEE
Tract Map
Other Proj Ref. lP20-016
Address 80'l Warrenville Road #700
City/State Corona, CA
FAITHFUL PERFORMANCE BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of the agreement(s) 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 to the
terms of the agreement(s) or to the work or to the specifications..
Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and
commencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
when the work covered by the agreement(s) is complete, the city of Menifee will accept the
work and thereupon, the amount of the obligation of this bond is reduced by 90% with the
remaining 10% held as security for the one-year maintenance period provided for in the
agreement(s).
lN wlrNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on June 15 2021.
AUTHORIZED SIGNATURE(S):
B
a
Title
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: The Continental lnsu ce Com
(l
n
AUTHORIZED SIGNATURE:
oore,Attorney-in-Fact Title
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
me
-.4^M EN IFEE
NAME OF PRINCIPAL: D.R. Horton LosAnqeles Holdino Company, lnc.
rere
CALI FORNIA NOTARY ACKNOWLEDGEMENT
(lNDtvtDUAL)
A notary public or other officer completing this certificate verifies only the identity of the
individual who signed the document to which lhis certificate is attached, and not the
truthfulness, accurac , or validi of that document
State of California
County Of Rversde
On 6t17nA21 before me,Desrlae Oawn Savana , Notary Pubrc (insert name and title of
the ofilceo, personally appeared Jennre,L oLeary , who proved to me on the
basis of satisfactory evidence to be the person(s) whose name(t) is/a:e subscribed to the within
instrument and acknowledged to me that hr/she/lbfri( executed the same in hidher/iboir
authorized capacity(iord, and that by hjdheritreix signature(si on the instrument the person(qA,
or the entity upon behalf of which the person(gi 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
Signature (Seal)
e;
tty Co.nm. Erpire! Apr 16. 2025
DESIRAg OAWN SAVARIA
Notary P!bli( - Catifornra
Riverrnie Counry
Co.nmissr,oa , 2l5a56t
Copyflght O 2018 NotaryAcknowledgement.com. All Rrghts Reserved
POWER OF A'T ORNT,Y APPOINTING INDIVIDI.]AL ATTORNEY-IN-FACT
Know All Men By These Presents, 'l hal 'l'hc Conlinental lnsurarce Compar;-. a Pcnnsylvania insurance compary. is a dull organizcd and cristing
insurance ctrmparl having ils principal ollicc in thc Cil) ofChicago. and State of Illinois. and that il does bl vinue ofthe signaturc and scal hcrcin
allired herebl malie. constitute and appoint
.lames I Moore, Stephen T Kazmer, Melissa Schmidt, Amy Wickett, Kelly A Gardner, Jennifer J Mc Comb, Dawn
L Morgan, Tariese M Pisciotto, Diane M Rubright, Martin Moss, lndividually
- ln L:nlimited Amounts -
nnd to bind them thereby as full)' ard to the sarne e)ilenl as ilsuch instrumenls r.rere signed by a duly authoriTrd ollcer ofthe insumncd comparu and atl
thc acls ofsaid Attomey- puniuant to the authority hereby gilen is hereby ratified and confirmed.
'Ih is Power o f Attorne) is madc and executed pursuant lo and by authority of thc By-l.aw and Resolutions. printed on the reverse herco l'. duly
adoptcd. as indicated. by the Board ol'Directoni olthe insurance company.
ln Witness Whereof. Thc Contincntal lnsurance Company has caused these prcsenls to r-( signcd by its Vice Presidcnt and its corFnratc scal 1() bc
hcrclo allixcd on this lst day ol-April.2020.
lNS The Conlinental lnsurance Company
Paul T. Bruflat ice President
Stalc ol-S(ruth Dakotil Counq'of Minnchirhi! ss:
On this lsldavofApril.2020. bclbrc mc pcrs()nall) camc Paul T. Brullal to me kno$n. \rho. bcing by me duly swom. did deg)sc ,nd sa)t thatho
rcsidcs in lhc City ol Sioux Falls. Stile of South Drikota: that hc is a Vice Presidcnt of I hc Contincntal Insumncc Compan-,-. a Pennsvlvania insurancc
conrpanl. dcscribcd in ard which cxcculcd thc abovc instrumcnt; that he knows thc sDal ol said insurdncc company: that thc seal atlixcd k) thc s id
signcd his namc thcreto pursuant to likc authoritl'. and acknowlcdges same to be the act and dccd ol said insurance compalry.
My Commission Expires June 23, 2021 J. l\lohr Notarv Puhlic
CERTIFICATE
l. l). .iohns{)n. Assistant SecrctaD ol l hc Contincntal Insuraflcc Compan)'. a Pcnns}lvrnia insumnce company. do hcreby certity that the l,owcr ol
printcd on thc tcverse hercofisslill in lbrce. In tcslimon]' whercoi I have hereunto subscribed m) name ard al'fixcd the seal o[lhcsaid insuriuce
c(nnpany this l5'h day ofJunc. 2021.
The (bntinenral lnsurance Company
iz!o:o
...'.,.n D. Johnson Assistanl SccrctarY
trorm F6850-4,/20l2
J MOHR
@slfl'&tf@
Go to W!v!v.cnasurety.com > Owner / Obligee Services > Validate Bond Coverage, it you want to verify bond authenticity.
ol Dorncrs Crovc. IL. its truc and lawl'ul Atlomcy(s)-in-Fact Nith full power and authority hcrcby contirrcd to sign. seal and exccutc lbr and on its
hchall honds. undenakings and olher obligalon, instruments ol' similar nature
Authorizing By-Laws and Resolutions
ADoPI LD BY 'II tL I}OARD OIJ I)IREC"IORS 0I' N IIJ ('ON' NENTAI. INST]RANCE COMPANY
'l}lis Power ol'Attome) is madc aad excor.rted pursuarl to ard by autho q, of the ,bllowinS llyJ.aw duly adopted by the Board of Dircctors of
thc Conpany at a mectin8 hcld on May 10. 1995.
ofiic,,r may sign will bc providcd in uriting b],thc Croup Vicc PrLsidcnt to thc Sccrctlr) ol thc ('olnpan! prior to such e\cculi(,n
becominS efTective.
'fhis Powcr ofAftomey is signed by PaulT. Ilruflat. Vice Presidcnt who has been authoriz€d pursuant to the ak)ve resolution to execution power of
attomeys on behalfoflte Continental lnsurancc Company.
'l'his Power of A$orney is signed and sealed by t'acsimilc under and by the authority ofthe lollowing Resolution adopted by the Boad ol'Directors ol'
the Company by unanirnous wnnen conscnt datcd thc 25rh day ofApril. 2012.
"Whercas. the bylaws althe Company or spccillc resolution ofthe Board ofDirectors has authorir.ed various oliccrs (thc "Authorized
Olficers") to execute various policies. tnnds. undenakings and other obligalory instrumenls oflike nature: and
whcreas, fiom time to tim€. the signaturc ofrhc Authorized Oficen. in addition to bcing providcd in original, hard copy fbrmat. ma) bc
provided via facsimile or othc.wisc in an clcctronic tbrmat (collcctively, "Elcctronic Signatures"). Now therefore be it rcsolvedl (hat thc
l::lcctronic Signature of any Authoriz.cd otl]ccr shall be valid and binding on thc Company."
State of Illinois
County of DuPage
On June 15, 202 I , before me. Sinem Nava, a Notary Public in and for said County and
State, residing therein, duly commissioned and swom, personally appeared
James I. Moore known to me to be Attomey-in-Fact of
The Continental lnsurance Company the corporation described in and that executed the
within and lbregoing instrument, and known to me to be the person who executed the
said instrument in behallofthe said corporation, and he duly acknowledged to me that
such corporation execuled the same.
lN WITNESS WHEREOF, I have hereunto set my hand and affixed my olficial seal. the
day and year stated in this certificate above.
My Commission Expires Ausust 28.2021
ava. No lic
it
It
)
SS
OFFICIAL SEAL
SINEM NAVA
NOTARY PLL, ' ' STATE OF ILLINOIS
MY COMMISSIUN EXPIRES:M2821
('ommission No. 859777