Loading...
CG Menifee 1, LLC Faithful Performance Bond CUP2016-078 30003084f,irflffiillilff,I.?lHt*ffi" FOR: Streets and Drainage Water System Sewer System Total 125 000.00 500.00 Alt. No. lS16-0255 Bond No. 30003084 $135.5 0.00 Premium $1,951.00 $ $ $ I Principal Address CG Menifee '1 , LLC 42540 o Nedo Road City79131s Temecula, CA zip code 92108 Zip 92590Phone 619-682-3550 phone 951-719-1680 WHEREAS, the City of Menifee, State of California,and CG Menifee 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 CUP 2016-078 / lS16-0255 , 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 principa I and Western Surety Com pany ,ASsurely, are held and firmly bound unto the City of Menifee in the penal sum ofone Hundred Thirtv Five Thousan d Ftve Hundred and no/100 Dollars,$135 500.00 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; otheruise, 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,'gr I 5 FAITHFUL PERFORMANCE BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) Condition Use Permit CUP 2016-078 Surety Western Surety Company466[s@0citylState@ Authorlzlng By-Lsw ADOPTED BY THE SHAREHOLDERS OF WESTERN SURETY COMPANY This Power of Attomey is made and cxecuted pursuant to and by authoriry of the following By-Law duly adoptcd by thc shareholdcrs ofthc Company. Scction 7. All bonds, policies, undertakings, Pow6s of Attomey, or other obligations of the corporation shalt be execured in the corpomt€ name of lhe Company by the President, Secretary, and Assistant Secactary, Treasurcr, or any Vice President, or by such other officfis os the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurer may appoint Attomeys in Fact or agents who shall have authoriry to issue bonds, policies, or undertakings in the narne of the Company. The corporate seal is nol necessdry for the validity of any bonds, policies, undertakings, Powers of Attomey or other obligations of the corporation. The signature ofany such omcer and the corporate seal may be printed by facsimile. Western Surety Company PO1VER OF ATTORNEY APPOINTING INDIVTDUAL ATTORIiEY-IN.FACT kno* All tLn By Th... Pr..rntsr Thai WCSTERN SURETY COMPANY. a Sourh Drko6 corpo6.ioG is a duly organiz.d and *isting corporaoon having rls princlPal oflicc rn th! city ofsiou Falls, rnd si!t. of Sourh Dako6. .nd rhrl ri do6 by vinuc ofrh. 3igrrturE lnd scal her.in rffixcd hc.rby makc. constrtutc ard appoint Lawrence F Mc Mahon, Sarah Myers, Lilia De Loera,.Ianice Martin, Christopher J Conte, Rachel A )lullen, Individually of S.n Dic8o, CA, ils lruc .nd lawful Attomey(s)-in-Fact with full po*cr and authority hcrcby confcncd to sig!, scal and cxacutc for and on irs bchalf bonds, undc(.kiogsand othcrobligatory insEum.nts of simrlarn.tur. - In Unlimited Amounts - ahd lo bind rt lhccby as fully and lo lhc samc Gxt.nl as if slEh inslruncnrs wcr! siSr€d by. duly aurhonz.d omccrofrh€ corponrion and all thc act3 ofs.id Attorncy, pursuart to th. authority hc.lby 8iv.n. arc hcEby Erifi.d rnd confirm.d. Thrs Pow.' of Atlomcy is m.d. lnd cxtEutld pusuart b rnd by rutho.iry o f thc By-l.rw printcd on thc nvsrs. h.r!of, duly adoprcl, as rndoatcd, by lhc sh.GholdcB of (h€ corDorarion. to wlt!.t! Wt.raof, WESTERN SURETY COMPANY h.! caus.d thcsc prcscots ro bc sign d by it5 vicc Pr6idcnr .nd ils corpor.t s.!l ro b. h€r.to amrrd on this lTth dayofJmu.'y,2017. WESTERN SURETY COMPANY T Brufllr, Vicc Prcsidan Star. ofSoulh Dakota County ofMinnchaha On thrs lrlh day of ranuary,2017, b.for. mc pc$onally canc P.ul T. Brufl.i. to mc hrowr\ who, bcing by m. duly rwoBr did dcpos. and sayr thar he r6id.s ir fi. City of Siour Falls, Slalc of South DakoE, rhar h. is rh. Vic. Pr6idcnr of WESTERN SURETY COMPANY dcscribcd in .nd *hr€h ?rccu(.d thc abovc instruncnl; th.l hc knows lhc 5"!l of said corDoation; thar rhc s€.l.mrcd to lhc i.id io$rumcnr is sucb corlorarc scal; rhar rr wa5 so lEircd pursu. lo aurhonty grvcn by thc Board of Dir..tor! of slrd corDorarDn and rh.r h. srgncd his lurnc rlErdo pu8uant ro likc aufioriry, .nd acknowl.dgca samc to bc th. !d and d€€d ofsaid corloralon. My commrssion.tpires ,unc 2l 202 r J. Mohr. Nolary lic CERTIFICATE I, I- NEhon, Assist nt Sccrctary of WESTERN SURETY COMPANY do hcr€by ccnify that lhe Powc. of Anomcy her.inabovc sct fonh is still rn lbrc€, rnd funh.r c.(rfy that th. By-Law ofth. corporation printcd on thc rcv.rs€ h.reofis snll in forcc. ln tcstimony *hcrcofl hav.hcr.unro subscribd my nam. and amrcd th. scal of ftc said corporztion rhis--f!-- day of November WESTERN SURETY COMPANY J MOHR Fom F4280'r.l0l2 L,r\ Assistant Saarctary ) 2018 CALIFORNIAALL-PURPOSE ACKNOWLEDGMENT civir code S 118e A notary public or other officer completing this certificate verifies only the identity ofthe individualwho signed lhe documenl, to which this certificate is anached. and not the truthfulness,or validity of that document. STATE OF CALIFORNIA County of San Oiego ) On Nov 2 I 2018 personally appeared Lawrence F. NilcMahon tl JANICE R. MAAiiN who proved to me on the basis of satisfactory evidence lobe the person(il, whose nameffi is/d/H subscribed to thewlthln lnstrument and acknowledged ro me thathelHfldllll$ executed the same in hislll{tllllfll authorrzed capacrlyU#gi.and that by h'silrHl/Inu, srgnaturelfll on the rnstrumenr rheperson(fl) or the entrty upon behalf of which the person0{, acted. executed the instrumentoarro COMM. #2158852 o I,IOIARYPUBLTC.CALIIOFNIA PSANOIEGOCOUNTY :i I certrfy under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is trueand correct. My Commalsion E €l'€s JULY 29, 2gM WItneSS nd officral seal Srgnatu , Janice R. Martin OPTIONAL Though lhe nfotmalron below ls nol rcqurcd by law. i may prcve valuable to persons relyne on the documenland could prevenl ftaudulent removdl and rcaftechmenl of lhe form lo anolhei do-cument Osscription of Attached Document Tille or Type of Document: Oocument Oate Signer(s) Other Than Named Above Capacity(ies) Claimed by Signer(s) ! Partner E Lrmited E Generat M Altorney in Fact n Trustee D Guardian or Conservator E otheri E Partner E Limrted D General E Attomey in Fact E Trustee E Guardian or Conservator E other: Srgner rs Representrng Top of thurnb here Top of lhumb here Suretv ComDa Srgner rs Represenlrng . Notary Public.['efore me Janice R Martrn Number of Pages: Srgner's Name: ! lndividual E Corporate Officer -Title(s):_ Signer's Name:fl lndividual E Co.porate Officer -Title(s): _ RIGHT THUMEPRINT OF SIGNER RIGHT THUMBPRINT OF SIGNER FAITHFUL PERFORMANCE 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 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 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 2017 NAME OF pRtNCtpAL: CG Menifee 1, LLC AUTHORIZED SIGNATURE(S) -"-- /.a'- 11'tc txb cr NAME OF SURETY: (rF coRPoRATrON, AFFTX SEAL) Western Surety Company AUTHORIZED SIGNATURE:Attorne -in-Fact Janice Marti Attorney-in-Fact (IF CORPORATION, AFFIX SEAL) s.8, t5 March 29 By: Name: Title: Title ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY{N-FACT. CALIFORNIA CERTIFICATE OF ACKNOWLEDGMENT Optional lnformation Description of Attached Document The preceding Certi6cate of Acknowledgmenr is attached to a document titled/for the purpose of containing pages, and dated The signer(s) capacity or authority islare as Method of Signer ldentification Proled to me on thc bas s of sdl5fa(tory a.vldenae lom(s of id..rrh.rt on ,.red b e wiinein.i) Notar,r event rs detarled in nonrry lourna on: Page , Entry fl lndividual{s) Co.porateOffice(t Other l,ni r .,rd )1llr ,,rt! 6!ardian/Conservator Parlner' Limired/General Trusree(5) Otherl A notary publ( or other oFhcer comolettnq this certificate verifre5 onlv the identitv otthe rndividual who 5iqned the document to whi(h this certihcate is atiached, andhotthe truthfulness, accuracy, or validity ofthdt do(ument. State of California ) County of 4iu*r, J ) On ot7 before me, OJo*- L rl. k);t Lt, personally appeared 'To./rJ who proved to me on the basis of satisfactory evidence to be the person(si whose name(, lsla}{ subscribed to the within instrument and acknowledged to me that he/sklthy executed the same in hislbeilthfi'r authorized capacity(ie9, and that by his/hgtltb€j,t signature(r) on the instrument the person(, or the entity upon behalf of whi€h 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. coMH. 12r39089 avot{olr.y Pnblic Ri{arida . C.lilornh Ccnltl Xo,M Signature (5eal) Addition.l Inlorm.llon representrng ;iqner(nlhumborn(t I WITNESS my hand and official seal.