VSK Investments, LLC Faithful Performance PM37145 4449554FAITHFUL PERFORMANCE BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR: Grading and Drainag e $ 68,500.00
Erosion Control
WOMP
Total
Parcel Map 37145
750.00 Other Proj. Ref.GP20-035$ 362.500.00 Bond No. 4449554$ 461.750.00 Premium $ 9.735
$30
Principal
Address
VSK lnvestmenls LLC
41805 Albrae Street
City/State Fremont.California
Zip 94538Phone 650-799-2949
WHEREAS, the City Council of the City of Menifee, State of California, and VSK
lnvqstments, LLC (hereinafter designated as "principal") have entered into, or are about to
enter into, the attached agreement(s) whereby principal agrees to install and complete the
above designated public improvements relating to Parcel Map 37145, which agreement(s),
dated _, is/are hereby referred to and made a part hereof; and,
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s)
for the faithful performance of said agreement(s);
NOW THEREFORE, we the principal ,no Markel lnsurance companyas surety, are held and
firmly bound unto the City of Menifee in the penal sum of Four HulTdred Sixtv Qne
Thousand Seven Hundred and Fifw , Dollars, ($_49!,25!L@l lawful money of the United
Slates, 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 rs 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.
Surety Markel lnsurance Company
Address 3131 Camino det Rio N.. #1450
City/State San Diego. CA
Zip code 921Oa
Phone (619) 400-4100
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FAITHFUL PERFORMANCE BOND
The. surety hereby stipulates and agrees that no change, extension of time, alleration oraddition to the terms of the agreement(s) or to the work to be performed there under or thespecifications accompanying the same shall in anywise affect its obligation on this bond, andit does hereby waive notice of any such change, eitension of time, alteration or addition to theterms of the agreement(s) or to the work or to the specifications..
Surety further stipulates and agrees that the provisions of Section 2B4S ol the Civil Code andcommencement of construction are not conditions precedent to surety's obligations hereunderand are hereby waived by surety.
when the work covered by the agreement(s) is complete, the city of Menifee will accept thework and thereupon, the amount of the obligation of this bond ii reduced by 90% with theremaining 100/o held as security for the one-year maintenance period provided for in theagreement(s).
lN WTNESS WHEREOF, this instrument has been duly ex
above named, on December 1
ecuted by the principal and surety
2021
NAME OF PRINCIPAL: VS K lnvestments. LLC
AUTHORTZED STGNATURE(S)
By
Na e
Title: fY\sn4br.
(IF CORPORATION. AFFIX SEAL)
NAME OF SURETY: Markel lnsurance Company
Attorney-in-F Title Spencer Flake
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY]N.FACT.
AUTHORIZED SIGNATURE:
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 12t01t2021 before me, Erin Sherwood , Notary Public,
lnsed Name or NoiBry exaclly 6s it appeaG on lhc oflicial seal
personally appeared S encer Flake
ERIN SHEFWOOD
co:.f u. #2292388
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/shelthey
executed the same in his/her/their authorized capacity(ies),
and that by hrs/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 certrtu under PENALTY OF PERJURY under the laws of
the St6te of California that the foregoing paragraph is true
and correct.
NOIAR/ PUELIC. CAL FORNIA
=OK^TIGE COUNTY -i
MY COMII EXPINES JI]LY O€ 2023
Wtness m
Signature
v hand and official W*-*C
Place Nolary SealAbove S ature ol No1ary Pub c n erwo
OPT'ONAL
Thouoh the nformalion below is not reouied bv law. it mav orove valuabie to persons relying on the document' and could prevent fraudulent removdl and reaftechment of lhe form to anolher document.
Description of Attached Document
Document Date Number of Pages
Signer(s) Other Than Named Above:
Capacity(ies) claimed by Signer(s)
Signer's Name
fl lndividual
Signer's Name
E Individual
E Corporate Officer -T'itle(s)E Corporate Offic€r -Title(s)E Partner E Limited EGeneral
! Attorney in Fact
E Trustee
E Guardian or Conservator
fl Partner E Limited E General
E Attorney in Fact
! Trustee
E Guardian or Conservator
n Other:! Other:
Top of lhumb here
RIGHTTHUMBPRINT
OF SIGNER
Top ol thumb here
RIGHTTHUMBPRINT
OF SIGNER
Signer is Representing
Name(s) or Signe(s)
'l-itle or Tvoe of Document:
Signer is Representing:
CALIFORNIA ACKNOWLEDGMENT CIVILCODE S 1189
State of California
County of Alameda
On 1210712021 before me,
Date
Ashwin Ashika Prasad(Notary Public)
personally appeared
Here lnseft Name and Title of the Officer
Sundeep Goyal
Name(s) of Siqne(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 lhe instrument.
lSHwtN asHt(a PRlSlo
Notary Public - C.liforni.
Atam.d. County
Conmj5iacfl # 21,a222t
a
I certify under PENALTY OF PERJURY under the
laws of the State of California that the foregoing
paragraph is true and correct.
WTNESS my hand and official seal.
Ity Comm. Erpir6 J.n t!, 2025
Signature
Place Notary Seal and/or Stamp Above Signature of Notary Public
OPTIONAL
Completing this information can deter alteration of the document or
fraudulent reattachment of this form to an unintended document.
Description of Attached Document
TitleorTypeof Docu ment
Document Date:Number of Pages_
Signe(s) Other Than Named Above:
Capacity(ies) Claimed by Signe(s)
Signer's Name Signer's Name
! Corporate Officer - Title(s)! Corporate Officer - Title(s)! Partner- ! Limited ! General! lndividual ! Attorney in Fact! Trustee ! Guardian or Conservator
! Partner- ! Limited 0 General! lndividual E Attorney in Fact! Trustee ! Guardian or Conservator! Other:f, Other
Signer is Representing Signer is Representing
(o201 I Natronal Notary Assoc ation
A notary public or other offlcer completing this certificate verifies only the identity ofthe individualwho signed the document
to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
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