VSK Investments, LLC Material and Labor TM37145 4449551MATERIAL AND LABOR BONDCIry OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.2)
FOR: Streets and Drainage g 65.750.00
Water System $
Sewer System $
Surety Markel lnsurance Company
1 Camino del Rio N #1450
/State San Dieqo,
TracUParcel Map 37145
Bond No 4449551
Premium g lncluded in Performance Bond
VSK lnvestments. LLC
41805 Albrae reet
Principal
Address
City City/State Freemont- CA
Zip 92108 Zip 94538Phone (61 9) 4004100 Phone 650-799-294S
WHEREAS, the City Councit of the City of Menifee, State of California,and VSK
lnvestments, LLC,(hereinafter designated as "principal') have enlered into,or are about toenter into, the attached agreement(s) whereby principal agrees to install and complete theabove designated public improvements relating to Parcel Mao 37145.which agreement(s),
dated is/are hereby referred to and made a part hereof; and,
WHEREAS, under the terms of said agreement(s), principal is required, before entering upon
the performance of the work, to file a good and sufiicient payment bond with the bity ot
Menifee to secure the claims to which reference is made in Title 3 (commencing with Seition
9000) of Part 6 of Division 4 of the Civil Code of the State of Catifornia;
NOW THEREFORE, said principal and the undersigned, as corporate surety, are firmlybound unto the City of Menifee and all contractori, subcontractors, laborers, material
suppliers, and other persons employed in the performance of the agreement(s) and referred
to lltle 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code in the sumof .Sixty Five Thousand Seven Hundred Fiftv Dollars, ($ 65.750.00) for materials
furnished or labor thereon of any kind, or for amounts aue undei ihe Unemployment
lnsurance Act with respect to such work or labor, that said surety will pay the same in an
amount not exceeding the amount hereinabove set forth, and also in case suit is brought
upon this bond, will pay, in addition to the face amount thereof, costs and reasonable
expenses and fees, including reasonable aftorney's fees, incuned by the City of Menifee in
successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed
as costs and to be included in the judgment therein rendered.
It is hereby expressly stipulated and agreed upon that this bond shall inura to the benefit ofany and all persons, companies and corporations entitled to file claims under Tltle 3
(commencing with Section 9000) of Part 6 of Division 4 of the Civil Code, so as to give a right
of action to them or their assigns rn any suit brought upon this bond.
Should the condition of this bond be fully performed, then this obligation shall become null
and void; otherwise, it shall be and remain in full force and effect.
Address
MATERIAL AND LABOR 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 specifications accompanying the same
shall in anywise affect its obligation on this bond, and il 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 are
not a condition precedent to surety's obligations hereunder and are hereby waived by surety.
IN WTNESS WH
above named, on
EREOF, this instrument has been duly executed by the principal and surety
December '1 2021
NAME OF PRINCIPAL: V KI nvestme ts. LLC
By:
Na :8)
Title: y't{gftra.
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Markel lnsurance Company
Attorney-in-act Title Spencer Flake
(lF coRPoRAT|ON, AFFIX SEAL)
ATTACH NOTARIALACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
AUTHORTZED STGNATURE(S):
AUTHORIZED SIGNATURE:
A notary public or other otficer 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 SheMood , Notary Public,
lnssd Name ol Nolary exaclly as it appearc on th6 olficial seal
)
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
personally appeared S ncer Flake
(!
ERIN SHERWOOD
coMM. #2202388
NOTAFY PUBLIC . CALIFORNIA
OBANGE COUNTY
MYCO ' EXPTBES iuLY0s 2023
Placa NolEry SealAbove
a
!
Wtness my
Signature
hand a official seal
n erwo
OPT'ONAL
Though the nformation below is not requted by law, it may prcve valuabte to oersons relvina on the documentand could prevent traudulentiemovdl and reattachment of the form to anothei ddcument.
Description of Attached Document
Title or Type of Document:
Document Date Number of Pages
! Corporate Officer -Title(s)E Partner E Limited Ecenerat
E Attorney in Fact
E Trustee
E Guardian or Conservator
E Other:
Signer rs Represent ng
Signer's Name
! lndividual
E Corporate Officer -Title(s)E Partner E Limited E General
E Attorney in Fact
! Trustee
E Guardian or Conservator
E Otherl
Signer is Representing
Top of thumb here Top of thumb here
who proved to me on the basis of satisfactory evidence to
be the person(s) whose name(s) is/are subscribed to thewithin 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 theperson(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.
Signe(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name:
n lndividual
RIGHTTHUMBPRINT
OF SIGNER
RIGHTTHUMBPRINT
OF SIGNER
KNOwALL MEN BY THE5E PRESENIS:That SureTec ln sura^ce Compa n y, a Co.poG tion duly orSrnired and exining underthelews ofthe Srate olTexasand havlng irt
principal6ffice in the Co!nty of H.ri5, Texar and Markel lnr!rance Cohpany (the "Company-), a corpo.atio. duly o.tanired and €ristint under the laws of lhr {.te
ollllinois, and having its principal . d mln it(, tive office in Glen Allen, VirSinia, doer bythe5e prelents mak., constitute and appoint:
JOINT LIMITED POWER OF ATTORNEY
Charles L. Flake, David L. Culbertson, Spencer Flake, Heather Willis
POA| 510123
in Ru5!o, SeniorVic. Preside.r
of December 2021
Their true and lawful agent(s) and attorney(r).ln'fact, each in their repar.te cigacity if more than one l! named.bove, to male, execLIe, sealand d€liver for and on
theil. own behalf, individuallyat a surety or ,oinllv, .s co-ru retrer, 3nd ar their act.nd de€d any.nd:llbondr and other !nde.r.kin8 in suretyship provided, howeve.,
that th€ penalrum of any one luch Inslrument €tecuted hereundcrshallnot exce€d lhe sum ofi
Ten Million and 00/100 Dollars ($'10,000,000.00)
Thai Powe. ofAttomey is grant€d and ir ritned .nd 3ealed !nder and by the authority of the lollowint Rerolutioni adopted by the 8oa.d of Oi.ectort of Sor.Tec
ln.urance Company and Mar&el lnsuranc€ Comp.ny:
"RESOLVED, That the President,senior vice P.esid€.t. vice Prerldent, Assistant Vice President, S€cretary, Trearurer.nd each olthem h€reby isrothorir€d !o erecute
powers of attorney, and such authorilycan be executed by use offacsimile signalure, whi.h may b..tt.rt.d or acknowledged by anv olficer or atrorney, ofrhe
company, quolifyint th€ attorneyor attorneyl namcd ln the Siven power ofattorney. to execute ln b€half of, and acknowledSe as the acr and deed olrhe SureTec
lnsurance company and Marlellnsurance Comp.ny, as the care may be, allbond uf,denakintr snd contracrr otiuretyship, and to.ffixthe corporate 3ealrher€to."
lN WITNES5 WHEREOF, Markel lntur.nce Company and SurpT€c lnsurance Company have caused their ofllcial sealto be hereunto affird and these presenB to be
rigned by their duly authorted officcrs on th€ r6h day of Mry
s\itmtfa
i#i srn- :l;
2;,,g;:fs
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j : 691av;59,61 i !-:q': - N"i.,iiiR js!':-"4,'... zou:soa ...',f, s'
".qoi'. ..'i$'..
we. th€ unde,sisned ornce,s o,sureTec rnsur.nc. c..0."r."a "**i:ra13tgfriiqi,'[t"*os{i,0r.".,,r,fo.€going ir a ruil, true atrd coii€d copy is srlllln Iull fo.c! .nd .ffeci and hir.r4,l!i I ley.*t'd.
By
5ureTec lnsuranre Company
Mi.hael C. (eirniB, Preride.t
Bvr
Commonwealth of Virtinia
Co!nty of Henrico 55:
Onthisbih dayof Mry. ,oa A. O., before me, a Notary P! blic ol the Com monwea lth ofVireinla, in.ndfo.the Cou.tvofHenrico, dulv conm isslooed and
qualified, cam€THEASOVE OFFICERsOFTHE COMPANIES,to m€ pe6onally known lo be the iodivldual! 3nd offrcerr dercribed in, who erEcuted the pre.edi.B
instrument,sndtheyacknowledgedtheexecutionor5am€,.ndb€inSbymedulyswo.n,disposedandraidthattheyaretheotficerroftheraidcompani€s.foresaid,
and that the teals affired to the proceeding inrtrument a.e the Corpor.te S€.15 ofsald Companier, ind the !aid Co.porate Seak a^d theh signaru.es as oftkers we.e
dulv affixed and subs.rib€d to the laid l.!t.uhent by ihe authorityand direction ofthe said companier,6nd that Rerolutionr adopted bythe 8o.rd olOkecto.i of
th! day a.d year fi.st above written
lN WITNESS WHEREOf, we have iereunto set our hands, and.ffixed the Seak of s.id Companie3, on rhe 1St day
BV
Donna Oonavant, Notr.y Public
Mv commi!.ion exgtes 1/11/2023
thal ih€ originalPOWER OF ATTORNEYofwhich rhe
S!
M6
By
Markel lnsuran.e Companv
Bkhard R. Grinnan, Vice Presid
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