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Sutter Mitland 01, LLC Faithful Performance PM32269 TM5190100FOR GRADING: Precise Grading Erosion Control WOMP Total $405 Parcel Map 32269 Other Project No GP 14-07 0 Bond No Premium $ $ $ 1 .436..00 000.00 Principa I Sutter Mitland 01 LLC Address 330 N.land Blvd. Suite 500 Address City/State City/State Costa sa, cA Zip code Phone 91203 zip 92626(818) 956-425 WHEREAS, the City of l\,,lenifee, State of Catifornia, and ,Sutter Mitland 01 LLC (hereinafter designated as "principal") have entered into, or are about to enter into, the aftached agreement(s) whereby principal agrees to install and complete the above designated grading proiect, related to (Parcel Map) PM 32269, which agreement(s) as/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 Libertv Mutual lnsurance Companv , as surety, are held and firmly bound unto the City of Menifee in the penal sum of Six Million. Eioht H undred Fortv-TwoThousand and no/100 , Dollars ($ 6.842.000.00 ) 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 administralors, 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/lti l5 FAITHFUL PERFORMANCE BOND FOR GRADING PROJECTS AND / OR EROSION CONTROL OR LANDSCAPE IMPROVEMENTS CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1 ) Surety Libertv Mutual lnsurance Company TM 5190100 / 015050s56 $38,999.00 3200 Park Center Drive. Suite 1000 Glendale. CA Phone (714) 200-1609 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, alleration 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 named, on Mav 6 201 NAME OF PRINCIPAL: Sutter Mitland 01 LLC By: Name: Dq.Ja G.c+k+vTitle: rl l.r. ?rrs;& ",r (IF CORPORATION, AFFIX SEAL) NAME OF SURETY pany AUTHORIZED SIGNATURE s Attorney-in-F a UJ^^- Liberty Mutpal InsIu Title urcrlau D. sroNc (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL A}ID ATTORNEY-IN.FACT. ( 9 8i I5 AUTHORTZED STGNATURE(S): ,\ CALIFORNIA ALL. PURPOSE CERTIFICATE OF ACKNOWLEDGMENT notary pub C o I other office I ti th ifircompensISVEreS onty the IdentityofrhehoSgnddocurTtnttohchCErtiftteSattacheddtthtruthfuannoenESSaccUlacyorVAiditvofthatdocument State of California County of On before me,l(r tr'l i",lr personally appeared who proved to me on the basis of satisfactory evidence to be the person6) whose nameis(9are subscribed to the within instrument and acknowled ged to me thathe/she/th6y executed the same in hEAerltheir authorized capacity(ies), and that by hisiher/their signature(€+ on the instrument the person(s), or the entity upon behalf ofwhich the persone acted, executed the instrument. I certiflT under PENALTY oF PERJURY under the taws of the state of california that the foregoing paragraph is true and correct. WTNESS my hand and official seal -g Signal! MEAGAN KNECHTcofl,t2117799 iloa.., hrae4.rffi oRANOE COI,TTY Cdrri.JUIC 20r9 nlo U (Notary Public Seal) ADDITIONAL OPTIONAL INFORMATION DESCRIPTION OF THE ATTACHED DOCUi./lENT (Tilie or des{ripliofl of attrched documonl) Ote or des.riptofl d atnclld document contn ued) Number of Pages _ Document oate_ 201 5 Ve.sion www.Nolaryclass6s.com 800-873-9865 TNSTRUCTIONS FOR COMPLETING TI{IS FORMnxlon conpli.t vi,A ctt d Ca\fonda ide.r ntodng @toA wordit g dd,ifre.d.d. should b. coatpl.t.d ad dzch.d to th. bcLrr.rrt tchtovttds,'r.t $ .Ji.o otkt saLs nEr b, .orrpbt.d /or bc1,,r.nb b.i^g s.h1 to id ttde lo lon{at t rotd,E thes iot rrruit. tlt Crllomia ,otzty to 'io!at. Cali/omb nota,y Stltc lnd Courty uformltioD Inug bc &c St!!c and County whrr. rhe documcot signci(!) pcrsonaly app.lrcd b.fon tbc trotary public for aclinowlcdgme{l Datc of ,otarrlrio, mr)st bc thc d!& thlt thc ai8ner(s) Fr-sonally appcrr.d which musl slso bc $c slrnc da& lhc aaknowtcdgmcfll b complcicd'lhr nolrry public must prinr his or hcr !!nc rs ir app.srs wilhin his or hcr commission followcd by a coElll! rnd &c, your ridc (nor.ry public). Print rhc narn{s) of documa siSn€(s) who pelsonally r[Ecar ar thc tihe of . Irdical thc corrccl sLn8ul.r or plur6l formr by cros!tug otf imonccr form, (i.c Lrshc]l5et B /afa ) or circling thc concd fofms. Fadue ro conccrly indicatc thjr irformanon miy lod to Iljcctioo ofdocumafn rccordin8.. Tbe nolary scrl imprc$ioo mu51 b. clcar and phorogrphjcaly rQroducibtc. loprrssioD mu-!t nor cover lcxt or linas, II s.3l iiDprcssion hxdgcs, rc-3cal if a suflici.ot srca plrm lts, olh.nqrc complctc a diffara$ ackoowlcdgma! form. Si8raturc of rhc notlr) public must mat h rh! signa$rc on fil. with thc oflic! of rlr. county cl!*.* Addirion6l informr.lior i5 Dot lrquircd but could help 10 cnsurc thij ackno*lcdSmc i! not mjsuscd or Btrached ro a ditlarerr docurtlcnt.6 lrdicaro tidcortyF of rttr.hcddocumcnl nurnbcrof praes and dnte.t hdic.t th. clpacity clalmcd by thc sign$ If dr. claimcd cspacity is a corpontc oflic.r, indjorc 6c ri{c (i.c. CEO, CFO, Sccftrary). SccuEIy atuch $ii documcnl ro thc ligncd documc wtl r rti!1. (Iitle) Partner(s) Attomey-in-Fact Trustee(s) Other tr n tr tr certificate individual the th is ) ) I CAPACITY CLAIMED BY THE SIGNERtr lndividual (s)ll Corporate Offcer CALIFOBNIA ALL.PURPOSE ACXI{OWLEDGMEXT crvrLcoDEs1r89 A notary public or other officer completing this certilicate verifies only the identity ol the individual who signed the document to which this certificate is attached. and not the truthfulness, accuracy. or validity ol that document. State of Calilornia County ot On Rrversrde Date berore me. R. Naooi "Notarv Public" Here lnsei Name and Title ol the Olficer personally appeared MICHAEL D STONG Name(s) ot Signe4s) who proved to me on the basis of salisfactory evidence to be the person({ whose name(4 is/ae subscibed to the within instrument and acknowledged to me thal he/sxe/thcy executed lhe same in hisflr/tbeir authorized capacity(ieG). and that by hiyhr/their signature(B on the instrument th6 person(i. or the entity upon behalf ol which the person8 acted, executed the instrument. I certit under PENALTY OF PERJURY und€r the laws ol the State o, Calitomia that the lor€oing paragraph is ttue and conect. WITNESS my hand and ofticral seal.R. NAPPI coMM. #1977782 NOTARY PUBI.IC . CATIFORXIA Rrl,ERSID€ COUNTY lry ccfir E4&ra Jur 7.2018 S i g n{tL;i olN ota,y P, b t i c Place Notary Seal Above OPT'ONAL Though this section is optional, complating this inlometion can delet alteration ol the document or fraudulent reattachment of this lorm lo an unntended document. Description ot Attached Document Title or Type of Oocumenl Document Date: Number of Pages: _ Signe(s) Other Than Named Above: Capacity(iosl Claimod by Sign6r(s) Signer's Name:Signer's Name: l- Corporate Otficer - Title(s)i I Corporate Otficer - Title(s): &, sig^n*. f./laAa; ll Partner - a Limited al Gen€ral l-l lndividual i Attomey in Factl-lTrustee aiGuardianorConservator L i Other: [] Partner - n Limiled fl Gen€raltl lndividual ll Attorney in Fact i lTrustee fl Guardian or Conservatoril Other: Signer ls Representing Signer ls Representing '/ig$lrat7c.!ic\& @ O2014 National Notary Association . www.NationalNotary.org . 1-800-US NOIARY 0-800-876-6827) ltem #5907 Econo Fence, lnc.