Lennar Homes of California, Inc. Faithful Performance Bond TM31582 SU1141671 A
1
Community Development Department
FAITHFUL PERFORMANCE BOND
FOR
MODEL HOME COMPLEX AGREEMENT
{
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
Heritage Heights
Tract/Parcel Map 31582
Total $ 42,100.00 Bond No. SU1141671
Premium: $158.00/annum
Surety Arch Insurance Company Principal Lennar Homes of California, Inc.
Address 3 Parkway, Suite 1500 Address 980 Montecito Dr., Suite 302
City/State Philadelphia, PA CitylState Corona, CA
Zip code 19102 Zip 92879
Phone 212-651-6500
k
WHEREAS, the City of Menifee, State of California, and, Lennar Homes of California, Inc.
(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 landscape
project, related to (Tract/Parcel)31582 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) to furnish bond(s) for the
faithful performance of said agreement(s);
NOW,THEREFORE, we the and Arch Insurance Company
principal , as surety, are
held and firmly bound unto the City of Menifee in the penal sum of Forty Two Thousand One
Hundred Dollars and Zero Cents, ($42,100.00) 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 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 in successfully enforcing such obligation, all to be taxed as costs and included in
any judgment rendered.
e
BNIFe6
r° 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 of the Civil Code and
commencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on February 23 2017
NAME OF PRINCIPAL:
Lennar Homes of California, Inc., a California corporation
E
EEC
E
AUTHORIZED SIGNATURE(S): j
E
E
By: ���—
Name: 4,o S►nt-tit
Title: A-Uth orivd
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Arch Insurance Compa
AUTHORIZED SIGNATURE: Mechelle Larkin
Its Attorney-in-Fact Title
(IF CORPORATION,AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
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, accuracy, or validity of that document.
State of California )
County of Orange )
On FEB 2 3 2017 before me, _ Kathy R. Mair, Notary Public
DATE [Name of Notary Public and Title"Notary Public"]
personally appeared Mechelle Larkin - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
[Name(s)of Signer(s)] '
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same
in his/her/their authorized capacity(ies), and that by his/her/their 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.
KATHY R.MAIR WITNESS my hand and official seal.
Commission#2021597
z .�� Notary Public-California z
Z Orange County > n v
M Comm.Expires Ma 22,2017+ V
Signature—of N ry Public
Place Notary Seal Above
---------------------------------------------- OPTIONAL ---------------------------------------------
Though this section is optional, completing this information can deter alteration of the document or
fraudulent reattachment of this form to an unintended document.
Description of Attached Document
Title or Type of Document:
Document Date: Number of Pages:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name: Mechelle Larkin Signer's Name:
❑ Corporate Officer—Title(s): ❑ Corporate Officer—Title(s):
❑ Partner— ❑ Limited ❑ General ❑ Partner— ❑ Limited ❑ General
❑ Individual ® Attorney-in-Fact ❑ Individual ❑ Attorney-in-Fact
❑ Trustee ❑ Guardian or Conservator ❑ Trustee ❑ Guardian or Conservator
❑ Other: ❑ Other:
Signer Is Representing: Signer is Representing:
AIC 0000171852
— THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON BLUE BACKGROUND.
_ This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the
manner and to the extent herein stated. Not valid for Mortgage, Note, Loan, Letter of Credit, Bank Deposit, Currency Rate,
Interest Rate or Residential Value Guarantees.
POWER OF ATTORNEY
Know All Persons By These Presents:
That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal
administrative office in Jersey City, New Jersey(hereinafter referred to as the"Company")does hereby appoint:
---Irene Lau, Kathy R. Mair, Mechelle Larkin and Stephanie Banh of Irvine,CA_(EACH)_,
its true and lawful Attorney(s)in-Fact,to make, execute,seal,and deliver from the date of issuance of this power for and on its behalf as
surety,and as its act and deed:
Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding
Ninety Million Dollars($90,000.000.00). — —
This authority does not permit the same obligation to be split into two or more bonds In order to bring each such bond within the dollar
limit of authority as set forth herein.
The execution of such bonds, undertakings, recognizances and other surety obligations in pursuance of these presents shall be as
binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and
acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey.
This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company
on September 15, 2011, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned
Secretary as being in full force and effect:
"VOTED, That the Chairman of the Board, the President,or the Executive Vice President, or any Senior Vice President, of the Surety
Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and
authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set forth in their respective powers of
attorney, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and
other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of
process:"
This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the
unanimous consent of the Board of Directors of the Company on September 15,2011:
VOTED,That the signature of the Chairman of the Board,the President, or the Executive Vice President,or any Senior Vice President,
of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the
Secretary, the seal of the Company,and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond
executed pursuant to the resolution adopted by the Board of Directors on September 15, 2011, and any such power so executed,
sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the
Company.
OOMLOO13 00 03 03 Page 1 of 2 Printed in U.S.A.
CALIFORNIA ALL PURPOSE ACKNOWLEDGMENT
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, accuracy,or validity of
that document.
STATE OF CALIFORNIA }
COUNTY OF Riverside }
On ����� a//before me, Amy R.Williams Notary
Dal � Insert Nome and Title of the officer
Public, personally appeared Geoff Smith
Names)of Signer(s)
who proved to me on the basis of satisfactory evidence to be the person( whose name(9) is/aTa
subscribed to the within instrument and acknowledged to me that he/&6xAh6# executed the same in
hisAV&XffiLffr authorized capacity(res), and that by his/4Y&Yt4NNY signature(a) on the instrument the
person(g),or the entity upon behalf of which the person(y) 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. ( AMY R. WILLIAftIIS
�} _ f A• Commission V 2064997
Notary Public-California
Riverside County
Ni Comm.Emires A--" 209f3
Signature:
-------------------------------------------------------------OPTIONAL-------------------------------------------------------------
Though this section is optional, completing this information can deter alteration of the document or fraudulent
attachment of this form to an unintended document.
Description of Attached Document
Title or Type of Document: Document Date:
Number of Pages: Signer(s)Other Than Named Above:
Capacity(ies)Claimed by Signer(s)
Signers Name: Signers Name:
❑ Corporate Officer—Title(s) ❑ Corporate Officer—Title(s)
❑ Partner-❑ Limited ❑ General ❑ Partner-❑ Limited ❑ General
❑ Individual ❑Attorney in Fact ❑ Individual ❑Attorney in Fact
❑Trustee ❑Guardian or Conservator ❑Trustee ❑Guardian or Conservator
❑ Other: ❑ Other:
Signer is Representing: Signer is Representing: