D.R. Horton Los Angeles Holding Company, Inc. Faithful Performance Bond TR37400 30130844FAITHFUL PERFORMANCE BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
716.00 Tract MapFOR: Streets and Drainage $
Water System $
Rec- Water System $
Sewer System $
Other Proj
TR 37400
Ref. lP20-016SD2
Bond No. 30130844
Premium $2,076.00
Total $ 716 000.00
Address 2280 Wardlow Cir #100
City/State Lisle. lL City/State Corona. CA
zip 9287 B
Phone 630468-5600
WHEREAS, the City Council of the City of Menifee, State of California,and D.R. Horton Los
Anqeles Holdinq Companv. 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 / lP20-016SD2
RCFC Line A-9 , which agreement(s), dated , is/are hereby
referred to and made a part hereof, and,
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 Cig of Menifee in the penal sum of Seven Hundred
Sixteen Thousand and no/100 , Dollars, ($ 716,000.00) 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 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(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; 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 of Menifee in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
MENIFEE
Surety The Continental lnsurance Company
Address 801 Warrenville Rd. Suite 700
Pfincipal D.R. Horton Los Anoetes Holdino Companv, tnc.
Zip code 60532
Phone (951) 739-5469
I rt*I
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 oI 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).
IN WITNESS WH
above named, on
EREOE this instrument has been duly executed by the principal and surety
July 6, 2021.
NAME OF PRINCIPAL: D.R. Horton Los Anseles Holdins Comoanv- lnc,.a California corDoration
AUTHORTZED STGNATURE(S):
Na
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(rF coRPoRATrON, AFFTX SEAL)
Th ntinental lnsurance Com a
AUTHORIZED SIGNATURE.
oore,Its Attorney-in-Factam
NAME OF SURETY:
(tF coRPoRAT|ON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
POWER OF ATTORNEY APPOINTI\C INDIvIDTiAL A1'TORNEY.IN-FACT
Know All Men By Thes. Presents, Thal lhc C(rntinental lnsurance Company. a Pcnnslivania insurance company. is a duly orgunizcd and eristing
insurance company having its principal ofl'icc in the City ofChicago. and Statc of lllinois. ard thal it does by virtue ol the signature and scal hcrcin
Jllircd hcrch) mrrle. cI'nstitutr' lnd appoint
James I Moore, StepheD T Kazmer, Dawn L Morgan, Melissa Schmidt, Amy Wickett, Kelly A Cardner, Jennifer J Mc
Comb, Tariese M Pisciotto, Diane M Rubright, Martin Moss, lndividually
ol'Dowlers (lrove. lt-. its truc and lawlul Attomcy(s)-in-Fact wilh tirll po\r,cr and authority hereby conlined to sign. scal and execute for and on its
behalfbonds. undenaliings and othcr obligatory instruments ol similar nature
- ln tlnlimited Amontlts -
and to bind lhem thereby as fully and to the same exlenl as il-such insrumenb werc signed by a duly authori"rd oflicer ol'lie insurarcc company and all
the acts ol said Attomey. puNuant to the authority hereby given is hcrcby ratified and confirmed.
'fhis Powcr olAttomey is madc and exccutcd pursuant to and by authority ofthc By-Law ard Resolutions, printed on the reverse hcreoi'. duly
adopted. as indicated. by the Board ofDirectors ol the insurancc company.
lD Witr6s whereof. The Continental losurance Compan) has caused these prcsents to be signed by its Vice Presidenl and its corporate seal to h(
hcNto atlxed on this 20th day ofJune, 202l.
The Continental lnsurance Company
Paul '1 . Bruflat ice President
Stalc ofSouth l)akota- Countv of Minnchaha. ss:
On this2()thdayofJunc.202l. betbre me per,.$nally came I'aul L llrutlat to mc known, who. bcing by mc duly suorn, did deposc and sati: that he
resides in the ( ity of Sioux ["alls. State of South l)akota: that hc is a Vice Presidcnt of The Contincntal lnsurance Company. a Pennsylviuria insurance
compary. dcscribcd in and which executed the itbove instrument: thal he kno\ls thc scal ofsaid insurance company: that thc seal aflxcd t{r thc said
instrumcnt is such corF)rate ileal: that it was so alll\cd pursuant to aulhoriq givcn b) thc lloard ofl)ircctors ofsaid insurancc compar),and that he
signcd his n.unc thereto punuanl lo like authority. and achorvledges salne to bc thc act and deed ol'said insurance comparry.
i M.B
i6otcliE
ENT
qrui n Br*f
My Commission Expires March 2.2026 M. Bent Notary Public
CI]RTIFICAl'I]
l. D. Johnv)n. As-sistarl SecrL'taD ofTle Contincnlal lnsu.arca Compan!. a I'cnnsl"lvania insumnce company. do hcrcby certill that thc Porvcr ol
Attome) hcrcin abole s€t fonh is still in forcc. and iirrther certify lhat the By-lrw ard Rcsolution olthc Board of Dircctors ofthe insuralcc ormpar;
printed on the revcrse hercolis still in lorce- ln tcstirnony whereo f I havc hereunto subscribed m, namc and attixed the seal ofthe said insurance
company this 6'h day oiJuly. 2021
The Continental Insurance Company
...n...D. Johnson Assistant Secretary
Form F6850-4i 201 2
Go to !vWw.cnasuletly.co!r > Owner / ObliSee Services > Validate Bond Coverage, if you want to verify bond authenticity.
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CALIFORNIA NOTARY ACKNOWLEDGEMENT
(lNDlvtDUAL)
A notary public or other officer completing this certificate verifies only the identity of the
individual who signed the document to which this certificate is attached, and not the
truthfulness, accu , or validity of that document
State of California
County Of Rve6,de
On 11712021 before me,Desme Dawn Savaria , Notary Pubrrc (insert name and title of
, who proved to me on thethe officer), personally appeafed Jenn erL o'Leary
basis of satisfactory evidence to be the person(r) whose name(q) is/are subscribed to the within
instrument and acknowledged to me thal E/she/ll.ro$ executed the same in hlo{her^fieir
authorized capacity(,€d, and that by ffiher/tharsignature(sl on the instrument the person(Si,
or the entity upon behalf of which the person(gi acted, executed the instrument.
I certify under PENALry OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
Signa 1
oE5|RAE OAWN tAVARt^{ot ry Publi(. C.liforniaRrver$d€ C
2151561ty Coftm. &ptrer
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16.2025
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Copyright O 2018 NotaryAcknowledgement com. All Rights Reserved
WITNESS my hand and official seal.
(Seal)
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