Pinehurst, LLC Faithful Performance Bond TM28794 813112SFOR GRADING:
Precise Grading
Erosion Control
WQMP
Total
FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS AND / OR EROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
0.00
175,500.00
0.00
Tract Map 28794
Other Project No.GP17.047SP
Bond No. 8I31125
175 500.00 Premium $2,808.00
$
$
$
$
Surety
Developers Surety And Indemnity
Company
Address I 7771 Cow^n, Suite 100
City/State Irvine, CA 926I4
Zip Code 92623Phone I -800-782- 1546
Newport Beach, CA
Principal
Address
City/State
Zip Code
Phone
92660
(949) 660-8988
WHEREAS, the City of Menifee, State of California, and,Pinehurst 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 grading project, related to (GP)GP17.O47SP
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 principal and Developers Surety And Indemnity Company as surety, are
held and firmly bound unto the City of Menifee in the penal sum of One Hundred Seventv Five
Thousand Five Hundred, Dollars ($175.500.00) 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.
GP I 7-0475P Faithful Perfornrarrce
Pinehurst, LLC
1000 Dove Street, Suite 100
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:{ENIEET.,I t(E
FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS AND OR/EROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
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.
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 Until the California Regional Water Quality Control Board issues a Notice of Termination.
lN WITNESS WHEREOF. this instrument has been duly executed by the principal and surety above
2018named,on Aqtqust 8th
NAME OF PRINCIPAL: Pinehurst LLC
AUTHORIZED SIGNATURE(S)
By:Pacific Communities Builder, lnc., its Manager
By:
Name
Title:
Nelso Chung
Pres ent
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Developers Surety And Indemnity Company
).-...-\ t"->',e^-AUTHORIZED SIGNATURE:
Its Attorney-in-Fact Morag A. Corey Title Attorney-in-Fact
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN.FACT.
GP I 7-0475P Faithful Perforrrrance
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 August 13,2018 before me,Araceli Esquivel, Notary Public
(insert name and title of the officer)
personally appeared Nelson Chung
who proved to me on the basis of satisfactory evidence to be the personls[whose name]q ish+e
subscribed to the within instrument and acknowledged to me that he/€h€lth€y executed the same in
his/herltheic authorized capacity(le{, and that by his/he#theirsignature\) on the instrument the
person\), or the entity upon behalf of which the personf{ acted, executed the instrument.
I certify under PENALry OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
WTNESS my hand and official seal.t'
Signature (Seal)
ARACELI ESOUIVEL
Commlssion # 2096669
Nolarv Public. Calilornia
eC
POWER OF ATTORNEY FOR
OEVELOPERS SURETY AND INDEMNITY COT/IPAIIY
INOEMNITY COMPANY OF CALIFORNIA
PO 8ox 19725, lRvlNE, CA92623 (949)263-3300
KNOWALI- BY TIIESE PRESENTS hat except as erpressly limted, DEVELoPERS SURETYAND INDEMNITY COMPANY and INoEMNITY COMPANY OF CI\LIFORNIA, do eadr
he.eby make, coisttute and appdnl:-"Eric Englund, Deanna Wersch, Maria H. Haberlock, Lisa Mc Clellan, Matt Skelton, Sean Flinn, Blaine D. \Mlliamson, Morag A.
Corey, jointly or severally"'
presonts, are hercby raliried and conlirmed.
RESOLVED, FURTHER,lhathe signallres olsuch ofllcers may beaftixed lo anysudl Power ofAllornoy orto any certilicale relaling hsreto by facsimile, and any such
or conkacl of surelyship lo vrhich il is attached.
lN WITNESS WIEREoF, oEVELoPERS SURETYAND INDEI.{NITY COI4PANY and INDEI\,{NITY COI4PANY 0F CALIFoRNIA have severally caused these prcsenls to be signed by
their rospeclivo olfc6rs and all€sted by lhef respective Secrelary orAssistanl Socretary this 6th day of February 2017.D*,t4*o
DanielYoung, Senior Vice-P 'rJ,idenl //
Mark Lansdon, VicePresidenl
....';r i,trta
:5i plo !;i1i;;*",,r18
Slate of Calilornia
County of orange
Anolary public or other offce. completing this certificate verifes only the idenlity oflhe individualwho signed the
document to which this certificate is allached, and not the lrulhfulness, accuracy, or validity of that document.
on -----------Eg!ryary-0JE!-L belor€ me,
0.!.
Luc lle Raymond, Nolary Public
H(. lnsn N.N .nd T th or ih. Oni6r
personally appeared Daniel Young and [4ark Lansdon
Nam6{rorsisMl!)
who proved to me on lhe basis of satisfaclory elldence to be lhe pelson(s)whose name(s)is/are subscibed
to lhe $/rthin instrumentand acknowledged to me lhalhe/she/lhey execuled thesame rn his/her/lhet auhorized
capacify(ies), and thatby his/herflheir signalurc(s)on the instrumentlhe person(s), or the entrty upon behallol
which he pelson(s) ac{ed, executed lhe insfument
I certit uder PENAI-TY OF PERJURY under 0le laws ol he Stale of California hat he ldegdng paragraph as
tue and conecl.
LUCITL€ M}MiD
Commilron ,20t19a5
t{ot.ry Puuic - C.l omla
onn!. Courlo
Comm oct tt mlt
Place Notary SealAbove
WITNESS my hand and oflicial seal.)b,t oU,,-,t
Signature I
CERTIFICATE
The undersigned, as Secrelary orAssislant Secretary oIoEVELoPERS SURETYAND INDEMNITY Co|!4PANY or INDEMNITY CoMPANY OF CALIFORNIA, does hereby
said corporations sot forlh in tho Power of Attorney are in for6e as ol lhe dats ol lhis Certifrcalo.
This Cortfcato is execuled in heCity ol lrvine, Calitomia, his 8h day ol August t ANO
l*t if,onttr*rr*
By:Ctu * b.^,;/-vt_1936
PO
ocT 5t96'
Cassie J
^TS-1002
(02J17)
fr"r---.6id,GEtant@rl
2018
ANoINDEMNITY CoMPANYand INDEMNITY CoMPANY 0F CALIFORNIA, effeclive as ofJanuary 1st, 200E
RESOLVED, that a combinatim of any lwo of tle Chaiman ol fie 8oard, he Prcsident Ereqrlive McePresident, S€nior VicePresid€r or any vice Presidont of he
to atesl h9 ereqrlion ol any sudr Porver of Atorney;
By:
By
ocr 3
re67
@
SIArE oF oREGON
COUNWOF CLACKAI,4AS
On 8-8-18 before me,
(here inserl name ol notary)
personally appeared MORAG A, COREY
(name(s) of Signels))
personally known to me (or proved to me on the basis of satislactory evidence) to be the person(s) whose name(s) is/are
subscribed to the within instrument and ad<nowledged to me that he/shelthey executed the same in his/her/thet authorized
capaciy1es), and that by his/her/their signature(s) on the instrument the person(s), or lhe entiu upon behall ol which the
person(s) acted, executed the instrument.
WITNESS my hand and official seal.
gr^1" //ltr/tt-=-(SEAL)
^&. oFFtcrAL srAMP6ffi)B [lsA ANN uccrElrrAtRt4rry NorAnY PUBLTC - oREGoN\ni[t-l COMM|SS|ONNO.956894
rlY COMMISSION EXPIRES NOVEMBER 28, 2020
This orea lbr Oj/icial Notarial Seal
-OPTIONAL-
Though the data below is not required by law, it may prove valuable to persons relying on the document and could
prevent fraudulent reattachment ol this lorm.
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT
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E conponare orrtcER
TITLE OF TYPE OF DOCUMENT
nrLE(s)
E ln,ltreo
E cerueRll
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E ouaRotevcor.tsEBVAToB
NUI\,4BER OF PAGES
DATE OF DOCUMENT
SIGNER(S) OTHEB THAN NAI\,IED ABOVE
tD-1232 (REV.5/09)ALL-PURPOSE ACKNOWLEDGEMENT
LISA ANN [,cCLELLAN
E ennrlenlsl
E orHen,-
SIGNER IS BEPBESENTING:
NAME OF PEBSON(S)OR ENTIIY(lES)
Developers Surety And lndemnity Company