Pulte Home Company, LLC Faithful Performance TR366587 SU1176065FAITHFUL PERFORMANCE BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR: Grading/Drainage $
Erosion Control S
3r5 00t)
317 000
Tract/Parcel Map -lR-3665 8-7
Bond No uil
WQMP s 126,500 Premium 52.844.00
Total
Surety Arch Insurance Companl,Principa I Pulte Home Company, LLC
ddd165s Harborside 3,210 Hudson St., Suite 300 Address 27401 Los Altos, Suite 400
Citl'/State Jersev City. NJ City/State Mission Viejo, CA
Zip code o7i t t-t toz zip 92691
Phon e Phone
and Pulte Home ComDan Y, LLC
(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 (Tract/Parcel) TR-36658-7 , which agreement(s) is/are hereby referred
to and made a part hereof: and,
WHEREAS, said principal is required under the terms of said agreement(s) ro furnish bond(s) for
the laithful performance of said agreement(s);
NOW, THEREFORE, we the principal and Arch lnsurance Comoan
sureft. are held and firmlSelen Hundred FinO Erphl Thousand
Fi!e Hundred and 00'100 Dollars ($758.s00 lawful money of the United States, for the
y bound unto the City of Menifee in the penal sum of
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
and any alteration thereofmade 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 indemnifl 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 fbrce and effect.
As a part ofthe 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 j udgment rendered.
9/18/2009
\#I
$ 758,500
WHEREAS, the City of Menit'ee. State of Califomia,
,as
FAITHFUL PERFORMANCE BOND
The surety hereby stipulates and agrees that no change. extension of time, alteration or addition
to the terms ofthis agreement or to the work to be performed there under or the specifications
accompanying the same shall in anywise aflect its obligation on this bond, and it does hereby
waive notice ofany such change, extension of time, alteration or addition. Surety further
stipulates and agrees that the provisions ofSection 2845 ofthe Civil Code and commencement
ofconstruction are not conditions precedent to surety's obligations hereunder and are hereby
waived by surety.
When the work covered by the agreement is complete, the City of Menifee will accept the work
and thereupon. the amount ofthe obligation of this bond is reduced by 90% with the remaining
l0% held as securiry for the one-year maintenance period provided for in the agreements(s).
IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named. on September 8th . 202 r
NAME OF PRINCIPAL: pulte Home ComDany, LLC
AUTHORIZED SIGNATURE(S)
By:
Name: D. Bryce Langen
Title: VP & Treasurer
(IF CORPORATION, AFFIX SEAL)
frrb
NAME OF SURETY: Arch Insurance C
AU II.IORIIED SICNATURf :
Peter S. Forker, Attorney In Fact
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTAzuAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
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t/t /
9/18/2009