KB Home Coastal, Inc. Material and Labor Bond TM29835 024254396Surety Liberty Mutuai lnsurance Company
AddreSS 175 Berkeley Street
MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.2)
14 Tract Map 29835$500.00
25,000.00 Other Proj. Ref tP19-0431
39 000.00 Bond No
Premium
024254396
lncluded in Performance Bond
$94 250 00
a
$
$
Principal
Address
KB Home Coastal, lnc
36310 lnland Vallev Drive
City/State Boston MA City/State wit mar CA
Zip 02116 92595
Phone 617-357-9500 Phone (951) 258-4890
WHEREAS, the City Council of the City of Menifee, State of California, and KB Home Coastal.
!q-, (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 -Eg!-2983!-, which agreement(s), dated Auqust 16.2021,
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 sufficient payment bond with the City of
Menifee to secure the claims to which reference is made in Title 3 (commencing with Section
9000) of Part 6 of Division 4 of the Civil Code of the State of California;
NOW THEREFORE, said principal and the undersigned, as corporate surety, are firmly
bound unto the City of Menifee and all contractors, subcontractors, laborers, material
supp liers, and other persons employed in the performance of the agreement(s) and referred
to Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code in the sum
of Ninety Four Thousand Two Hundred Fifty and no/100 Dollars 94 250.00 for
materials furnished or labor thereon of any kind, or for amounts due under the U nemployment
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 attorney's fees, incurred 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 inure to the benefit of
any and all persons, companies and corporations entitled to file claims under Title 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 in any suit brought upon this bond
Should the condition of this bond be fully performed, then this obligation shall become null
and void; otheMise, it shall be and remain in full force and effect.
10126120
FOR: Landscape
lrrigation
Construction
Contingency
Total
zip
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 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 are
not a condition precedenl to surely's obligations hereunder and are hereby waived by surety.
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on August '18
NAME OF PRINCIPAL:KB Home Coastal lnc
AUTHORIZED SIGNATURE(S)
By:
N me: Scott Hansen
Title: VP, Forward Planning
(IF CORPORATION, AFFIX SEAL)
NAIvIE OF SURETY: Libe Mutu nce n
iet)
-ln-Fact Title
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEOGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY]N-FACT.
10t26/20
2021
AUTHORIZED SIGNATURE:
A notty pqblic or olhor offcar compl€ting this celtlficalo v€rifiB onty tl6 idiltity of tlg individual who signod the
docurnrt to whlch thB stificat6 is attachod, and not tho truthfulrBs, accu.acy, o( valiJity of tlai documo.t.
STATE OF California
COUNTY OF Riverside
On Auoust 19.2021.before me,ry Public, personally appeared
Scott Hansen , 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.
WITNESS hand and official seal.
)ss
)
Christina Villa, Nota
1
rffi\ cHRtslN^ vrlu
W#fl'ilIi:i::iH,.
,
My Commission Expires:February 13, zoz4 This area for official notarial seal
Notary Name:Christina Villa Notary Phone: (951) 591-5300
County of Principal Place ofNotary Registratio n Number: 2321325
Business: Riverside
Mail Tax Statements To: SAIIE AS ABOVE or Address Shown Below
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE S1189
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 Los An eles
AUG l8 2021
On before me,M.G o nza les Notar Public personally
appeared Brenda Wone who proved to me on the basis of satisfactory
evidence to be the person(s) whose name(s) is/a+esubscribed to the within
instrument and acknowledged to me that he/she/they executed the same in
h+s/her/their authorized capacity{ies}, and that by his/her/thei+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.
WITNESS my hand and official seal.
(seal)Signatu re
M.Gonzales, N tary Public
M 6ONZALES
NotaryPub|. - Californi.r
Lo\An9L'1.(Cn!ntv
(omm,5sion r 2ZB6)s
MyComm txpire! Crt 5, 202t
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SURETY
Liberty Mutual lnsurance Company
The Ohio Casualty lnsurance Company
West American lnsurance Company
Cedi,icate No 0?@00
POWER OF ATTORNEY
KNOWN ALL PERSONS BY THESE PRESENTST That lhe ohio Casualty Insu€nce Company is a coDoralion duly organrzed under the laws ol the State of Ne Hanpshire,lhat
Liberty Mutual lnsurance Company is a corporation duly organized under the laws of lhe Slale ol l\,{assachusetls, and Wesl Amedcan lnsurance Company is a corporalion duly
Brenda Wong
all of the city of Los Anqeles . state ol Calilornia each individualiy if there be more lhan one named ils lrue and aMul attomey in fact to
This Porgr ofAtbrney limits the acls of those named herein, and they have no authority to
blnd the Cornpany ercept ln the manner and to he sxtqnt herein staled.
pucuance of lhese prclenb and shall be as Oinding upon t'tE Companies 6 if lhE have been duly siln€d by lhe preside{rl and allgsted by the secrdary of the Compaohs in heir
own proper pelsorls.
lN WTNESS WHEREOF, this Power of Attomey has been subscribed by an authorized ollicer or officialolthe Companies and the corporate seals of the CompanEs have been alfired
lhereto this 1slh day ol February, 2021.
Libe(y Mllual lnsurance Company
The 0ho Casualty nsurance Company
West Amencan lnsurance Company
By
STATE OF PENNSYLVANIA
COUNTY OF I,4ONTGOI\4ERY
ss
0n this ,5h day of F€bruary, 2021, before me personally appeared David M. Carey, who ackao.dedged himself tobe the ksistant Secrelary of Liberty MutuallnsuGnce Company,
The ohio Casualty Company, and West Ameaican lnsurance Company, and lhat he, as suci, being auhodzed so Io do, ereclle the loregoing instrument for the purpces therein
conhined by signing on behaf of the corporalions by himself 6 a duly auhodzed officer.
lN WINESS I'yHEREoF, I have hereunto subscdbed my name and amxed my notarial seal at King of Ptussia Pennsylvania, on the day and year firsl above wdtten.
Cmrcirslth ot Peinsylvgni6 - Nol3ry Se€
Tar6.a PBsb b, tblary Publh
Md1tome,.y County
Itty cohmisi'on oxp'66 M8rcn 28 2025
C<rnn[6ion nu'Y$€r 1128014
p"- /"fr//,By
Teresa Paslella. Nolary PublicM6mb.r. P..nryl6nE A'*k ion ol Nc,Lic
fhis Power of Atomey is made and execuled purcuant lo and by auhonty of the tolloning By-laws and Authodzatios of The ohio Casualty lnsurance Company, Libedy Mutual
lnsurance Company, and West Amedcan lnsurance Company which resolulions are now in fullforce and ellecl reading as follows
ARTICLE lV - OFFICERS: Section 12. Po,ier of Attomey.
Any officsr or olher official of lhe CoDoration authorized for that purgose in writing by lhe Chaiman or lhe President, and subject lo such lrmilation as the Chaiman or the
shall have full pole. to bind the Corporation by their s(rnature and execulion ol any such instumenls and to attach lhereto lhe sealof the Corporalion. When so erecuted, such
insttumenls shall be as binding 6 if sEned by the President and attesled to by tfie Secrctar. Any pos,er or auhodty gEnted to any represeohtive or aiomey.in-facl under the
provisions of this anicb may be rcvoked at any lime by [re Board, lhe Chairman. the President or by the offcer or officels granling such power or aulhority
ARTICLE Xlll . Ex.culion of Contract r Section 5. Surely Eonds and U ndedakings.
Any ofiicer d the Company authonzed for lhat purpose in witng by lhe chaiman or tre president, and subject to such limitatronr as thechaiman or the president may ptescribe,
shallappoint such attomeys.if'fact, as may be necessary to acl in behalt ol the Company to make, execute, seal, acknowledge and deliver as surety any and all undedakifgs,
the Company by theirsignature and execution of any suct inslruments and to att&h thercto the sealoflhe Company. When so executed such instruments shallbe as binding
as if signed by lhe president and attested by the secretary.
infact as may be necessary lo acl on behdf ot the Company lo make. erecule, seal, acknowledge aad deliver as surety any and all undertakings, bonds, recognizarces and olher
surety obligations.
ol the Company, wherever appearing upon a cedified copy ol any power ol altorney issued by the Company in conneclion wh surety bonds, shall be valid and binding upon the
Company with thesameforce and eflect as tholgh manually affixed
do hereby cedify lhat his power of atomey execulgd by said Companies is in full force and elfect and ha nol been revoked.
lN TESTI OI{Y WHEREOF, I have hercunto set ny hand and afixed lhe seals ot said Companies lhis 1 8th day of August
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By
Renee C. Llewellyn Assistant Secretary
2021
tibertvMutuil.
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David I\,1. Carey, Assistant Secretary
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