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Sutter Mitland 01, LLC Faithful Performance TM31822-2 TM5207429MENIFEE New. Better. Best. 29844 Haun Rd. Menifee CA.92586 (95'll672-6777 I Fax (951) 679-3843 cityofmenifee.us April 21,2023 Sutter Mitland 01, LLC Attn: Shaun Bowen 3200 Park Center Drive, STE 1000 Costa Mesa, CA 92526 To whom it may concern, The City of Menifee's Engineering Department has approved a 90olo release of Faithful Performance Bond No. TM52O7 429 for TM37a22-2. 10% ofthe Faithful Perfomance Bond will be retained as a Warranty Bond forTM31822-2 for 12 months from the date of notice of completion/acceptance of improvements. Material and Labor Bond No. TM5207 429 may be released effective lune 1,2023. Survey Monument Bond No.30027003 will be released in full immediately. Belowyou will find the schedule ofrelease for Bonds No.: TM5207429 & 30027003 * Pending final Engineering Department approval. Enclosed are copies ofthe Faithful Performance & Materials Bond, original Survey Monument Bond and executed agreement. S inc rely, uilarn Ma ent Analyst, City Clerk's Office rM5207429 (Faithful Performance Bond)s2,937,s00 TM5207429 (Material & Labor Bond)S1,458,7s0 30027003 (Survey Monument Bond)577 ,760 N/ASo N/ASo Tentative Release Date 3/1.124 10% Warranty Bond being held s293,750 Bob Karwin lYtayor Pro Tem Drstict 1 Ricky Estrada Councrlmember Drstfict 2 Bill Zimmerman Mayor Lesa A. Sobek Counqlmember Drstrict 3 Dean Deines Councilmember Drstnct 4 Armando G. Villa CrtY M.lnclger RE: Sutter Mitland 01, LLC , TM31822-2,Bond Release, Bond No.TM5207 429 & 30027003 51,468,7s0 6/L/23* 577 ,760 4/21/23 Bond No.Released Amount 52,643,7sO Release Date 4/2u23 Original Bond Amount MENIFEE 29844 Haun Road Menifee. CA 92586 951672-6777 | Fax 951'679-3843 New. Better. Best.ciVofmenifee.us March 3, 2023 Kay Vinson Acting City Clerk City of Menifee RE: Council Approved Security Release for Tract Map 31822-2 Dear Kay, On March 1 ,2023,l.he City of Menifee City Council accepted the public improvements from Sutter Mitland 01, LLC for streets/drainage, water, recycled water, sewer and survey monuments, and authorized the release of posted securities for Tract Map (TM) 31822-2. 10% of the Faithful Performance bond amount is to be retained as a Warranty Bond for TM 31822- 2 for 12 months from the date of notice of completion/acceptance of improvements. Material and Labor Bond(s) may be released effective June 1,2O23.The Survey Monument Bond may be released in full immediately. All original bond information for Tract Map 31822-2 is provided below" Table I - Original Posted Security lmprovements Security Faithful Performance Material and Labor lmprovement Streets/Drainage Water System Recycled Water System Sewer System Total TM5207429 TM5207429 TM5207429 rM5207429 $ 2,141 ,000$ 412,000$ 16,000$ 368,500 $ 2,937,500 $ 1,070,500 $ 206,000$ 8,ooo$ 184,250 $ 1,468,750 Table 2 -Su Monuments Bond Survey Monuments Total $ 77,760$ 77,760 Please mail bond release information to: Sutter Mitland 01 LLC Attn: Shaun Bowen 3200 Park Center Drive, STE 1000 Costa Mesa, CA 92626 Please email bond release information to: kiensen@citvofmenifee.us crobinson@ citvofmenifee. us shaun. bowen@ brookf ieldorooertiesdevelopment.com lf you have any questions, please contact Kris Jensen. Sincefielv, 4 r' o*,ff"!d.r.r. City Engineer lmprovement Security No.Monument Bond 30027003 A\ry$xd 3 I Z3 CITY OF MENIFEE SUBJECT: MEETING DATE: TO: PREPARED BY: REVIEWED BY: APPROVED BY: Acceptance of Public lmprovements and Release of Security for Tract Map 31822-2, Audie Murphy Ranch, by Sutter Mitland 01, LLC March 1,2023 Mayor and City Council Andrew Walle, Assistant Engineer Nick Fidler, Public Works Director Armando G. Villa, City Manager 1 RECOMMENDED ACTION Accept the public improvements for streets, drainage, water, recycled water, sewer and survey monuments for Tract Map 31822-2, Audie Murphy Ranch, located on the northeast side of Audie Murphy Road North and southeast of Whispering Way; and 2. Authorize the City Engineer to release the posted securities per the City's Standard Policies. Sutter Mitland 01, LLC is the developer of Audie Murphy Ranch (AMR) Tract 31822-2, a subdivision of 41.32 gross acres into 91 lots for residential purposes. The tract is located on the northeast side of Audie Murphy Road North and southeast of Whispering Way, as depicted in the attached project map. As part of the development requirements, Sutter Mitland 01, LLC, constructed streets, drainage, water, recycled water and sewer system improvements and installed survey monuments. Sutter Mitland 01, LLC has now completed construction of these facilities and is requesting acceptance of the completed improvements into the City's maintenance system. Staff has inspected the completed improvements, determined that the improvements have been constructed in accordance with City specifications and standards, and verified that all project conditions of approval have been met to release the performance security and labor and materials security in accordance with City policy. A 10% wananty security would be held for a period of one year in accordance with the City Municipal Code. The original posted security improvements are listed in Table 1 and Table 2 on the following page. MENIFEE \# DrscussroN City of Menifee Staff Report Public lmprovements Audie Murphy Ranch - North March 1,2023 Page2ot2 Table 1 - Original Posted Securigr lmproyements lmprovement Socudty No. Performance / matedal Falthtul Performance f,aterlal and Labor Streets/Drainage Water System Recycled Water System Sewer System Total Table 1 - Ori inal Posted Survey Monuments Monument I rovements 30027003 TM5207429 TM5207429 TM5207429 TM5207429 $ 2,141,000$ 412,ooo$ 16,000$ 368,500 $ 2,937,500 $'1,070,500$ 206,000$ 8,ooo$ 184,250 $ 1,468,750 $ 77,760 $ 77,760Total STRATEGIC PLAN OBJECTIVE Safe and Attractive Community FISCAL IMPACT There is no fiscal impact associated with the recommended action. The developer has paid all necessary fees and deposits to cover the costs of the required inspection of the completed improvements. Ongoing maintenance costs for the improvements will be supported through approved Fiscal Year 202212023 operating budgets in Community Facilities District (CFD) 2012- 1. 1. Project Map 2. Agreement - Streets and Drainage 3. Agreement - Water System 4. Agreement - Recycled Water System 5. Agreement - Sewer System 6. Bond - lmprovements 7. Agreement - Monuments 8. Bond - Monuments lmprovement Securlty No.llonument Bond ATTACHMENTS I IEIIE FOR: Streets / Drainage Water System Rec. Water System Sewer System Total FAITHFUL PERFORMANCE BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) $2 141 000.00 Tract Map 31822-2 $___309t98-Q0_ $ 2,937,500.00 Premium $16,744. Surety The Guarantee Company of North America USA Address One Town Square, Suite 1470 Su rMi land L 3200 Park Center Dr Suite 1000 Principal Address City/State Southfield, Ml City/State Costa Mesa, CA Zip code 48076 zip 92626 Phone Phone (714') 2OO-1533 WHEREAS, the City of Menifee, State of California, and Sutter Mitland 01 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 _ TM 31822-2 , which agreement(s) is/are hereby referred to and made a part hereof; and, NOW THEREFORE, we the principal and The Guarantee Company of North America USA, as surety, are held and firmly bound unto the City of Menifee in the penal sum Two Million Nine Hundred Thirty-Seven Thousand Five Hundred-------00/100 $2.937.500.00 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. 9/81t5 $_112P00.0q_ other Proj. Ref._$ 16,000.00 Bond No. TM5207429 WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for the faithful performance of said agreement(s); ENIF The surety hereby stipulates and agrees that no change, extension of lime, 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, eltension of time, alteration or addition. Surety further stipulates and agrees that the provisions of Section 2845 ofthe Civil Code and commencement of construction 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 of the obligation of this bond is reduced by 90% with the remaining 10% held as security for the one-year maintenance period provided for in the agreements(s). lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on December 11th, 2017 NAME OF PRINCIPAL: Sutter Mitland 01 LLC AUTHORIZED SIGNATURE(S): By: Name: Dave Bartleft Title: Vice President (IF CORPORATION, AFFIX SEAL) NAME OF SURETY: The Guarantee Company of North America USA AUTHORIZED SIGNATURE:'.(#; hrL","__ Katie-Cbaison,Aftoin-ey-in-Fact Title (rF coRPoRATlON, AFFTX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY{N. FACT. o/tc 9/8^5 FAITHFUL PERFORMANCE BOND A notary public or other officer completing this certificate verified only the identity of the individual who signed the documelt to which this certificate is attached, and not the truthfiiness, accuracy, or validity of that document- STATE OF CALIFORNIA COTINTY OF CTU^^C-I On -Drre-rnEr<- lt . zotz, before me,\cvE&vt _, Notary Public, personally appeared who proved to me on the basis ofsatisfactory evidence to be the person(slwhose name(+) is/e+e subscribed to the widrin instrument and acknowledged to me that he/sheAhey/executed the same in hiVhe#tbeir authorized capacity(ies) and that by hiVhe#thek signature(s) on the instmment the person(s) or the entity upon behalfofwhich the person(s) acted, executed the instrument. I certifr under PENAIry OF PERJIIRY under the laws of the State of Califomia that the foregoing paragraph is true and correct. WITNESS my hand and official seal. IJtEAGAN KNECHT cor"rM. #2117799 mooulNotrry Prblic-Calibmia OPNNGE COUNTY ) ) ) ss. Notary Public C6run.JUIIE mi9 ENIFE MATERIAL AND LABOR BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR: Streets / Drainage $070 500.00 Water System $ 206 000.00 Rec. Water System $ 8.000.00 Sewer System $ 184,250.00Total $ 00 1 Parcel Map 31822-2 Other Proj. Ref. Bond No TM5207429 Premium $ 8,372.00 City/State Southfield MI City/State Costa Mesa. CA zip 92626 Phone Phone (714) 200-1533 WHEREAS, the City of Menifee, State of California, and Sutter Mitland 0'1. 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 TR 31822-2 , which agreement(s) is/are hereby referred to and made a part hereof; and, WHEREAS, under the terms of said agreement, 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 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California; NOW, THEREFORE, said principal and The Guarantee Company of North America USA, the undersigned, as corporate surety, are held firmly unto the City of Menifee and all contractors, subcontractors, laborers, material persons and other persons employed in the performance of said Civil Code In the sum of OneUillion Four Hundred Sixty-Eight Thousand Seven It is hereby expressly stipulated and agreed upon that this bond shall inure to the benefit of any and all persons, companies and corporations entitles to full claims under Title 15 (commencing with Section 3082) of Parl4 ot Division 3 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; otherwise, it shall be and remain in full force and effect. 9t8/rs Surety The Guarantee Company of North America USA Principal Sutter Mitland 01, LLC Address One Town Square, Suite 1470 Address 3200 Park Center Dr.. Suite 1000 Zip code 48076 Hundred Fiftv $1.468.750.00 for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment lnsurance Act with respect to such work or labol 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 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. MATERIAL AND LABOR BOND The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of this agreement 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 precedent to surety'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 December 11rh,2017 NAME OF PRINCIPAL: Sutter Mitland 01 LLC AUTHORIZED SIGNATURE(S): By: Name: Dave artlett Title: Vice President (IF CORPORATION, AFFIX SEAL) NAME OF SURETY: The Guarantee Company of North America USA AUTHORIZED SIGNATURE: Katie oa son, Attorney -in-Fact Tltle (tF coRPoRATtON, AFF|X SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN. FACT. 9/8115 (tlu; /n<r^*"fir A notary public or other officer completing this certificate verified 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 SS COTINTY OF on Deco-.rntx.r \t 2017, before me,t/\,.x\ Vt/\zLl* , Notary Public, personally appeared _, 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 tiat he/s{r#tlag/executed the same in his/herltlpir authorized capacity(ies) and that by his/be#their signaore(s) on the instrument the person@, or the entity upon behalf of which the person$acted, executed the instrument. I certifr under PENALTY OF PERJIJRY under the laws of the State of Califomia that the foregoing paragraph is true and correct. WITNESS my hand and official sea[. ) ) o, UJ mg Notary Comm.JU|IE 2ri9 IJIEAGAN KNECHT cor"N. #2117799 Notrry Pluilcalibrnia OPANGE COUNTY SUBDIVISION MONUMENT BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66496) Tract Map No.31822-2 Bond No.30027003 Surety Premium $ 443.00 Surety Continental Casualtv lnsurance Address 333 South Wabash Avenue Principal Address Sutter Mitland 01 LLC 3200 Park Center Dr., Suite 1 000 City/State Chicaoo. lL City/State Costa Mesa. CA Zip code 60604 zip 92626 Phone Phone (,714l2OO-1533 That,Sutter Mitland 01 LLC , subdivider, as principal, and Continental Casualtv lnsurance, a corporation, as surety, are hereby jointly and severally bound to pay to the City of Menifee the sum of Seventy-Seven Thousand Seven Hundred Sixtv $ 77,760.00 . The condition of this obligation is that, whereas the subdivider, as a condition of the filing of the final map of Tracl31822-2 entered into an agreement with the City of Menifee to set Survey Monuments and Tie Points in said tract and furnish Tie Notes therefore and to pay the engineer or surveyor performing the work, in full, within 30 days after completion. NOW, THEREFORE, if the subdivider shall well and truly perform said agreement during the original tern thereof, or of any extension of said term that may be granted by the City of Menifee, with or without notice to the surety, 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. 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 thereunder 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. lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on December 11th,2017. NAME OF PRINCIPAL: Sutter Mitland 01 LLC SUBDIVISTON MONUMENT BONO AUTHORTZED STGNATURE(S): By: ame:Dave Bartlett Title: Vice President (rF coRPoRAT|ON, AFFTX SEAL) NAME OF SURETY:Continen I Cas nce AUTHORIZED SIGNATURE: Roxanne Villa, A n-Fact Title (rF coRPoRAT|ON, AFFrX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN-FACT. ,{-t- lrt A notary public or other officer completing this certificate verified 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 CALIFORNI.A couNTY oF cr.urrr4{. m6 Notary Pu tc ) ) )\) On -\eu,,mW,r \fl .20l 7, before me, _, Notary Public, personally appeared , who proved to me on the basis ofsatisfactory evidence to be the person(slwhose name(s| is/are subscribed to the within instrument and acknowledged to me that he/*e4hey/executed the same in his,trorlthsir authorized capacity(ies)-and that by his/he#their signature(.slon the instrument the person(s) or the entity upon behalf of which the person@) acted, executed the instrument. I certi! under PENALTY OF PERruRY under the laws of the State of California that the foregoing paragraph is true and correct. oul MEAGAN KNECHT colrM. #2117799 Not!ry PuulcC.tttornb ORANGE COUTIY Comm.JUflE ?9, 2019 SS. WITNESS my hand and official seal. POWER OF ATTOR\EY .APPOINTING IN'DI!'IDUAL ATTORNEY-IN-FACT Know All Men By These Presents, That Continental Casuaity Company, an Illinois insurance company, National Fire Insurance Company of Hartford, al Illinois insurance company, and American Casualty Company ofReading, Pennsylvani4 a Pennsylvania insurance company (hercin called"the CNA Companies"), arc duly organized and exising insuraace compaoies having &eir principal offices in the City of Chic€o, and State oflllinoiq and that thcy do by viitue ofthe signatwes and seals herein affuied hereby malig constitute and appoint Cheryl Holmes, Janice Takeuchi, Margaret weglicka, Anne Marie Sheehan, Steve Hogan, Courtney Lim, Jake Schuett, Latasha Rouse, Roxanne Villa, Taiasha Cunningham, Individually ofToronto, ON, rheir true ard lalvful Adomey(s)-in-Fact wilh full power and authority hcreby conferred to sign, seal and execute for and on thcir behalf bonds, undenakings and other obligatory instruments of similar nature - In Unlimited Amounts - and to bind them thereby as fully and to the same exlent as if such urstrurne!'-s we.e signed by a duly aurlorizcd oficer oftheir insuralce companies and all the acts ofsaid Anomey, pursuant to the authority hereby given is hereby ratified and confirmed. This Power of Attomey is made and executed pursuant to and by authority ofthe By-Law and Resolutions, prilted on the rcverse hereoi duly adopted, as indicared, by the Boards ofDirectors ofthe insu.ance companies- Jn witness whereof, the CNA Companies have caused these presents !o bg signcd b), tleir Vicc Presideat ald rlcii co?oiare seals io ba hcrcto a-ffixed on this l5th day ofJuly, 2016. Conrinenai Casuairy Company Nanonal Fte hsura:rce Comoany of Hanford American Company of Pennsylvania Paul T, Bruflat Vice President Stats of Sou*.h DaLot4 Counry ofN'linnchaha, ss: On this 15th day ofJuly, 2016, before me peBonally came Paul T. Bruflal to me known, who, being by me duly swom, did depose and say: that he resides in rhe Cit_v ofsioux Fails, State ofsouth Dakota: that he is a Vice President ofcontiirenta.l Casualry Company, an Illinois iosu]ance comDany- Natiooai Fire lnsurance CompaDy ofHardord, an Illinois insurance company, and Amcrican Casualty Company ofReading. Pennsylvania- a Pennsylvaaia insu;a.nce company described Lr ard which execEted the above insEument; that he knows the seals ofsaid insuGncc companies; t\ai ihe seals ailixed to rhe said hstr,.rment are such ccipor3le seals: tha: they 'vere so elhxed pursuait tc ar'.hcriry given by tle Boaids cfDir.cio.s cfsaid insurance companies and that he signed his name rhereto pursuant to iike authority, and acknolvledges same to be the act and deed ofsaid insurance companies. @| My Commission ExpLes June 23, 2021 J. Mohr Notary Public CERTIFICATE I, D. Bult, Assistant Secrerar_v ofContinental Casualry Company, aa Illinois insurance company, National Fire lnsurance Company ofHartford, an Illinois insurance compa-ny, and American Casualty Compary ofReading Pennsylvani4 a Pennsylvania insumnce company do hereby certiry that the Power of Attomey herein above set forth is still in force, ard further ccftiry that the By-Law and Resolution oftle BoaJd ofDirectors oftle insularce companies priilied oa the ae i is siiil in bscribed my na:ne aad affixed the seal ofthe saidiesilmwhereof I haveIl'+|f*'insunnce companies this Continental Casualry Company National Fire Insurance Company of Hartford American Casualty Company of Reading, PemsylvaniaO ${,08?cP{aa, ]ULY 'I.t3aSEAL z. SEAL 1A91 z \$0120&aO ,]UTY 'I.l3ci t Forrn F685 i-4l2012 day of D. Bult Assistant Secretary ADOP.I lrD LIY 1'l IE t]OARD OIj I)IRLC fORS OF CONI INEN IAL CASUALTY CoillPAN Y lhis Po\rcr o[Arromcy is madc and executcd puNuant to and by authority o[the follorving resolution duly adopted by the Board of Dirccto$ ofthc Company at a meeting hcld on N4ay 12, l9r5: '_RESOLVED:'lhatanyScnioror6oupVicePrcsidcntmayauthorizcanofliccrtosig!specificdocuments.agreementsandinsfumenlsonbehall ol' thc Company provided that the name ofsuch authorircd ollicer and a dcscription olthe documents. agrecments or instruments lhat such olficer may sisn rvill be providcd in rvriting by thc Scnior or Croup Vice Preiident to thc Sccretary ofthc Company prior to such cxccution becoming cffcctivc." This Po$e. ol Attomcy is signcd by Paul t. Brullal, Vice Presidcnt. lvho has bccn aufiorized puntuant to thc above resolution to cxccLrtc porvcr el- ctlomcls on bchslIol'( onLrnunlJI Cir)urll) Company. This Po\ler of n lomcy is signcd and scaled by facsimilc undcr and b-v thc authority of the following Resolution adopted bf thc Board of Dircctors o[ thc Company b,'- unanimous llrittcn coLsent dalcd the 2id day oln pril. 2012: ''Whcreas. thc hyl!\\s ol thc Compmy or specilic rcsolution of thc lloard of Dircclonj has aulhorirsd various olllccri (the -n urhorircd Ollicers") to cxscutc various policics. bonds. undctukinSs and othcr obligatory instn-rmcn[s of lilic naturc: and Wherea\- [rom tinN to rimc. thc sig:nalure of lhe Authorized Omccni. in addition ro bcing provided in original. hard copy lbrmat. may bL prcvidcd via Ihcsimilc or othcnvisc in an cluctronic format (collcctively, _Eleclronic Signatures_)i Nolv therclbre be it rcsolvcd: that thc Electronic Signaturc ofrny Aulhorizcd Olficcr shall bc valid tlnd binding on lhe Company." AOOTTHI) I]Y THFJ I]oAI(I) OF IJIIiIiCIORS OI NA TIONAT- f IRE INSTIRN NCE CON,IPANY OF IIARI'FORT) 'fhis PoNcr of n tmme]., is madr and crecutcd puniuant to and by authorily of thc follolving rosolution duly adopted by lhe Board of t)ircck)rs ol thc Compan! by unan irnous $ rittcn conscn t di{cd May I 0. I 995 : "RESOLVED: 'l'hat any Scnior or Croup Vice Presidcnt may authorize an ofticcr lo sign spccilic documents, agrcemenls and instrumcnts on bchall ol- thc Compan,! providc(l that the nameofsuch authorized o{ricer and a description ofthe doclrmcnLs, aseements or inst umen6 $at such omccr mily sign rvill be providcd in rwitiog by the Senior or Croup Vice President to the Sccrctaq ofthe Company prior to such cxcculion becoming effcctivc-" lhis Power o[ A[omey is signed b]' Paul T. Brufiat. Vic€ Prr:sident. who has b(*n authorizcd pursuant to thc abovc rcsolution to e]iccute powcr of attomc) s on behal f of National fire I llsumncc Company of Hartford. lhis Power of Anomc]- is signcd anrl s!.lcd by facsimilc under and b, thc aurhorit] ol'the follo\ring Rcsolution adoptcd by rhc Board o[ Dirccloni ol rhc Company bl unanimous writt.n conscnt &tcd thc 2i'h day ot April. 2012: *whcrcas. the bylarys of thc Compan)- or specific rcsolution of thc Board of Dircctoni has authorized various ollicers (the "AuthoriT-ed Olficcrs") ro executc various policics- boods. undenakings and othcr obligatory insrumenb oflikc naturc; and Whcrcas. irom time to time. thc signalure o[the Authorized Officcni. in addition to being providcd in original, hard copy forma! may be providcd via lhcsinrile or othcnvisr in an clectronic format (colledively, "Eleclronic Sigratures"): Now ticrcforc be it resolved: that the Electronic Signalure of any Authorized Olficer shall be valid and binding on the Compmy. ' ADoTJI I]I) I]Y IHI.] I}o,\Ki) OIJ DIR[CI{)RS OIJ AI\'II]RICAN CASUAL [\' CO}IPANY OI ITIJAI]ING. I'I:NNSYLV,\NI.\ lhisPoscrotAttomcfismadeandr\ecutcdpursuant!oundhyauthorit)olthcfbllorvingrcsolutiond y adoptcd by thc Board ol-Dircctors ol lhc Cortrpury by unanimous lvrittcn conscntdalcd May 10. 1995: _'RESOI,VED: That any Senior or Croup Vice Prcsident may aulhorize an omccr to sisn spccific documcnts. agrcements and instrumcnts on bchalt'ot- lhc Company providcd that thc namcol'such authorizrd officcr and ! dcscription of thc documents. agrcements or instruments that such olficcr muv sign r!ill be providtd in tvril;ng by the Scnior or Croup Vicc Presidenl to the Secretary ol the Company prior to such cxccution bccoming ctTcctivc.-' _l}is Potvc. ol Atrcmcy is signed by Paul T. llrutl0t. Vice Pftisident. who has bccn authorized punjuant !o thc above rcsolution to c\ccute polvcr ot' atlomct,,s on bchalfofArncricim Casually Cornpany oI Reading, Pcnnsylvania. 'fhis Po$cr of Atlomcy is signed and scaled by fac;imilc under and by lhe authority of tlc follorving Rcsolution adopred b.v rhc Board ol Dirccrors o[ thc Company by unanimous lvrittcn coosent dotcd thc 25th day ofApril, 2012: ''Whercas, the bvlaus ol drc Compuly or specilic resolution of the Board of Dirccton has authorized various ol'licers (the _Authorized Officcrs') fo cxccutc various policics. bonds. undrrtakingJ and other obligatorv instrumen$ oflikc naure: and Whcreiu. lrom timc to lime, tle signature ofthe Authorized Olticeri. in addition Io being provided in original. hard copy format. may be providcrl via lacsimile or oticrwise in an cLectronic fonnat (collectively, -F.lcclronic Signatures"): Now therefbre be it resolved: that the Electronic Signatitre ofany Authorized Ol'ficcr shall be valid and bindingon the Company." Authorizing Ii1-Ltn s and ltcsolutions IHt GUARANTEE' SURETY RIDER NO. 1 To be attached to and form a part of BOND NO.TM5ZO7429 Type of Bond:Performance & Material and Labor Bond Date Effective:December uth, 2017 Executed by:Sutter Mitland 01, LLC, as Principal, and by:The Guarantee Company of North America USA, as Surety, in favor of the City of Menifee (Obligee) in consideration of the mutual agreements herein contained the Principal and the Surety hereby consent to changing the bond amount: FROM:$2,937,5{D.00 (Performance) S1,468,750.q) (tabor & Material) TO:$73dfl)O.00 (Performance) 5357,000.00 (tabor & Material) Nothing herein contained shall vary, alter or extend any provision of condition of this bond except as herein expressly stated. This rider is effective: October 1oth, 2019 Signed and Sealed: October 18th,2019 Sutter Mitland 01, ILC /€By: (Principal) The Guarantee Company of North America UsA Debra Watterson, atrorney in Fact One Towne Square, Suile l4T0, Southfield, Michigan, USA4S0T6 l ret: 248 -281-0281 1 .866.328.0567 1 Fax:248.750.0431 By: @ 2017 The Guarantee Company of Norlh America. The Guaranlee is a lrademark of The Guarantee Company of North Amenca. All rights resarved Excellence. Expertrse. Expe.rence .. Every trme I tn"g"ur"n,u"rr."orr, A notary public or other officer completing this certificate verified only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE O}' CALIFORNIA ss. COUNTY 0F Oranse I certifo under PENALTY OF PERJURY under the laws of the State of Califomia that the foregoing paragraph is true and correct. WITNESS my hand and official seal DaNr€LLE ^roNtQUE n05s Notary Public - California 0.an!e County Commission # 2254681 l,{y Comm. Etpires Ajg 17, 2022 Tn"<a Notarv Public Notary Public, personally who proved to rne on the basis of satisfactory evidence to subscribcd to the within instrument and to me that same authorized capacity!)$ and that inslrument upon ) ) ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certilicate is attached, and not the truthfulness, accuracy, or validity of that document. State of County of Michigan Oakla ) On 10t18t2019 before me, Lora o'Brieri (inse( name and title of the office0 personally appeared Debra Watterson who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to lhe 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 lhe instrumenl 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 iaws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and ofricial seal. d/l*Signalure ltA (Seal) Lora O'Brien lote O'Brlon Notary Publlc, SUt. ol Mlchlgan County ol Oakland My Commlsslon Explres Aprll 21, 2024 Acting in Oakland County UARANTEE IIa G The Guarantee Company of North America USA Southfield, Michigan POWER OF ATTORNEY l{OW ALL BY THESE PRESENTS: That THE GUARANTEE COIIIPANY OF NORTH AIIIERICA USA. a corporataon organized and existing under the laws of the Stale of [richigan, having ils principal office in Southfield, [richigan, does hereby conslilute and appoint Oebra Watterson, Edward G. Woods, Kathleen Runestad, Lora O'Brien, Sara Schrauben, Jetfrey Jubera, Katie Coalson, Edward Devries, Dwight Teter, Casey M. Strohauer, Montina Cenanc€, Olga Tasselmyer The Guarantee Company of North America tJSA its true and laMul atlorney(s)-in-facl to execute, sealand deliver for and on its behalf as surety, any and all bonds and undertakings, contracls ofindemnity and otherwritings obligatory in the nature thereol v/hich are or may be allowed, required or permitted by law, slatute, rule, regulation. contracl or otheMise. The execulion of such instrument(s) in pursuanc€ of lhese presents, shall be as binding upon TH E GUARANTEE COITIPANY OF NORTH At ERICA USA as fully and amply, lo all intents and purposes, as if the same had been duly executed and acknow,iedged by its regularly elected oficers at the principal ofrlce. 1. To appoint Attorney(s)-in-fact. and to aulhorize lhem to execute on behalf of the Company, and atlach the Seal of the Company therelo, bonds and underlakings, conlracts ot indemnity and olher writings obligatory in the nalure thereofi and2 To revoke, at any time, any such Allorney-in-fact and revoke the authority given, except as provided below3. ln connection wilh obligations in favor of lhe Florida Deparlment of lranspodation only, it is ag.eed that the polver and authority hereby given to the Atlorney-in-Fact includes any and allconsentslor lhe release ofrelained percentages and/or llnaleslimales on engineering and construclion contracts required by lhe State of Florida Department of Transportation. lt is fully understood lhat consenting to the State of Florida Department of Transportation making payment ofthe final estimale lo lhe Conlractor and/or its assignee, shall nol relieve this surety company of any of its obligations under its bond.4. ln connection wilh obligalions in favor of the Kentucky Department of Hiqhways only, it is agreed lhat the po$€r and authorily hereby given to the Atloaney-in,Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner - Department of Highways of the Common'/veallh of Kenlucky at least thirty (30) days prior to the modifcation or rcvocalion. Furlher, this Power of Attorney is signed and sealed by faqsimile pursuant to resolution of the Board of Directors of the Company adopted at a meeting duly called and held on the 6ih day of December 201'1, ofwhich the following is a true excerpl: RESOLVED thal lhe signalure of any aulhorized olficer and the seal of the Company may be aflixed by facsimile to any Po\,/er of A$omey or certificalion thereof authorizing the execulion and delivery of any bond, underlaking, conlracts of indemnity and other writings obligatory in the nature thereof, and such signature and seal when so used shall have the same force and effect as though manually affixed. STATE OF MICHIGAN County ol Oakland Slephen C. Ruschak, P,osident & Chief Operating Officer Randall Musselman, Secretary The PovJer of Altorney is executed and may be certified so, and may be revoked, pursuant to and by aulhonty of Article lX, Section 9.03 of lhe By-Laws adopted by the Board of Directors of THE GUARANTEE COMPANY OF NORTH A ERICA USA al a meeting held on the 31'r day of December, 2003. The Presidenl. or any Vice President, acling with any Secretary or Assistant Secretary, shall have power and aulhority: lN WITNESS WHEREOF, I have hereunto sel my hand al The Guarantee Company of Nodh America USA offices lhe day and year above witten. A^-a,--, O 7-a24<- I, Randall Mussetman, Secretary of THE GUARANTEE COIIIPANY OF NORTH AITIERICA USA, do hereby certiry that the above and foregoing is a true and correct copy of a Pou/er of Anorney executed by TXE GUARANTEE COttiPA Y OF NORTH AI'ERICA USA. which is slill in full force and efiecl lN WITNESS WHEREOF, I have lhereunlo sel my hand and anached lhe seal of said company this I 8th day of October , 201 9 Cynthia A. Takai Nolary Public, State of Michigan County of Oakland My Com,nission Expires Februory 27, 2024 Actlng in ooklond County Randall MusSelman, S€crqtary tN WTTNESS WHEREOF, THE GUARANTEE COMPANY OF ORTH Af,ERICA USA has caused this instrurnent lo be signed and its corporate seal to be atfixed by its authorized offcer, this 1st day of March, 2018. THE GUARANTEE COII,PANY OF NORTH AMERICA USA,j#,,'/r-it- fu@ On this 1st day of March, 2018 before me came the individuals who executed the preceding instrument, to me personally known, and being by me duly sworn, said that each is the herein described and authorazed ofUcer of The Guarantee Company of North America USA; thal the seal affixed to said inslrument is the Corporate Seal of said Company: that the Corporate Seal and each signalure were duly afiixed by order of the Board of Directors ofsaid Company. tu TIIE GUARANTEE COMPAJTY OF NORTE AMENCA USA Home Offne, Southfeld Mtchtgu STATUTORY BAI.4NCE SEEET December 31, 2018 ASSETS Cash and Short-Term Invcstnetrts Marketable Securities Prcmium aod Age4s Balances (under 90 days) Reinsurance Receivablo on paid loses Accrued htorest and Dividsnds Not Defercd Tax Asset Other Assets Total Admitted Assets LIABILITTES Reserve for Losses and loss Adjustorent Exponses Uncarucd Premiun Raservo Accrued Expeuses Cedcd Rcinsruarcc Preoriums Payable Taxes, Licenses and Fees Payable Fedcral Incomc Tax Payable Funds Held Other Liabilities Total Liabilities CAPITAL AND SI]RPLUS Common Stock and Paid-In Capital Surplus Total Policyboldcrs' Surplus Total Liabilities. Capital and Surplus Dccernber 20 I 8. S'r"oEl to bcforr Dc this l9th dsy ofMirch 2019. St$c of Michi8r! Couity of Oakl&d Stepbcn C. RusdELbcilg duly rworor syE: Ttlrt [. i5 0lc Pnsidct[ & COO ofTh. G!8&t!. CoEPtDy ofNod A$.ric8 USy'$ lld sard coEpany is r corporrdion duly orglDiz.4 cxisti!& lnd .ogr8..d i! busir6!5 rs 8 sNltlty by virtuc ofthc lrws ofthc Statc of Micligr\ ad h!! &ly conplicd with t[ thc r.quirqn ott of6e hu! ofd rEb applicabla to ssid cor@rny snd is duty qtdificd to lct 6 surcty und.. such huq lhd ssid oorEtry t8 .l$ eq9licd viiih and is duly qualidcd to sct as surd uEde! tbc A.l ofclDgrcss of July 30, 1947, .s lracu&d (6 U,S.C 6ll} ftr tlc fortgohg ii a tult, tuc &d corrcd rtn.rndf ofthc inlncirl cordition oflrid c!!!P.!y or lrtc 3lt dry of $ 88,508,407 isr,t57,941 5,N7,524 529,& 8r2A3s 1,637,%3 r.i952?5 $249,549,18r t 9,071,422 22,744950 4,?t0,Ezs t,207,%0 374,6E 296,4r3 9,869,E32 L-8'&.n9 $ 49.625.979 $144,020970 55.901,32 s199.v222V2 $249,549,181 ,i t- ,j'f;'-L/t - L/,L 3- r1- /;t1.,.1<- "oFo cynrhta A-Tskai NGry Publlq Slsle of MIhlgEn County of Otkland My Comml!3lo7t Erdnr F.boary 27.2021 Actlng ln Oakland County C.Prasidld! & C@ I