Loading...
Hillcrest Contracting, Inc. Faithful Performance Bond CIP22-23 7670307WHEREAS, the City of Menifee, County of Riverside, State of California, by minute action passed April 19, 2023 haS awarded to Hillcrest contracrrns. lnc hereinaier designated as the ;principffi Co-ntract for construction of the CIP 22-23 Romoland Grid Resurfacinq Project Executed in Three Counterparts Bond # 7670307 Premium: $4,864 PERFORMANCE BOND KNOWALL MEN BY THESE PRESENTS: THAT project together with appurtenances thereto, and wHEREAS, said Principal is required under the terms of said contract to furnish a bond for the faithful performance of said Contract. NOW, THEREFORE, we Hillcrest Contractinq, lnc AS Principal, and Fidelity and Deposil Company of Maryland a corporation organized and ex isting nsactunder the laws of the State of lllinois and duly authorized to tra business under the laws of California, as Surety, are held and firmly bound unto the City of Menifee hereinafrer called the Contracting City, in the penal sum of one hundred percent (1000,6) of the amount of L- Dollars ($ . . ), iawful money of the United Stated of America, for payment of which sum well and truly to be made, we bind ourselves, our helrs, executors, administrators and successors, jointly and severally, firmly by these presents. "* seven hundred ninety{hree thousand six hundred ninety-one & 20/100 THE CONDITION OF THE OBLIGATION lS SUCH that, if the hereby bounded Principal, his/hers or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by and well and truly keep and perform all the undertakings, terms, iovenants, conditions and agreements in said Contract and any alteration thereof, made as therein provided all within the time and in the manner therein designated and in all respects according to their true intent and meaning, and shall faithfully fulfill the one- year guarantee of ,ll materials and workmanship after final acceptance; and shall indemnify and hold harmless the City of Menifee, its officers and agents, as therein stipulated, then this obligation shall become null and void, otherwise it shall be and remain in full force and virtue. FURTHER, the said Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration or modification of the Contract Documents or of the work-to be performed thereunder shall in any way affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or modification of the Contract Documents or of work to be performed thereunder. No final settlement between the Principal and the contractor hereunder shall abridge the right of any beneficiary hereunder, whose claim may be unsatisfied. t2 Notices, papers and other documents required by Chapter 2 of Title 14 of Paft2 of Code of Civil Procedure, or by any olher law, regulation, or requirement of the Contract may be served upon Principal at this address: Hillcrest Contracting, lnc. 1467 Circle Citv Dr Corona . cA 92879 and upon Surety at this address C/O Zurich North America Fidelitv and enosit Comnanv of lvlarvla ri 1299 Zur Wav. Schaumburo,hC tL 60196 lN WTNESS WHEREOF, three (3) identical counterparts of this instrument, each of which shall for all purposes be deemed an original thereof, have been duly executed by the Principal and Surety herein named on the 17th day of May , X 2023 The name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative pursuant to authority of its governing body. Hillcrest Contractinq, lnc Principal By Fidelity and Deposit Company of Maryland Sure By Charles rney-in-Fa l-l ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the ldentity of the individual who signed the document to which this certiflcate is attached, and not the truthfulness, accuracy, or validi of that document State of California County of Orange ) on 51t712023 before me,Heather Willis, Notary Public (insert name and title of the offlcer) personally appeared Charles L. Flake who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within i nstrument 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 my hand and official seal HEATHEB WIIIS coMI{. #2334057 NOTARY PUETIC . CALIFOFI{IA ORANGE COUNTY W CCSU EXPIRES SEPTEI,IS€R25 &{ o =! Signature 4.,A;ll;"(Seal)k,t'1.,,- 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 Riverside on Ylay 24 ,2023 A. Gutierrez, Notary Public (insert name and title of the officer) personally appeared who proved to me on Justin M. Parsons the basis of satrsfactory evidence to be the person(s) whose nam is/are subscribed to the within instrument and acknowledged to me that.fu:/she/they executed the same in his/her/their authorized capacity(i96). and that by [Efrer/their signature(, on the instrument the @rsonryrJ, or the entity upon beh'alf of which the perso2(J acted, execfied 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 I ,.,(m\ a. 6UIERREZ W,,,":;'fli'J'j",iifliiil,, Signature (Seal) ) before me, ZTJRICII AMERI('AN INSI]RANCE ('oIlTPANY COI,ONIAI, AMtr,RI(]AN CAST]ALT}' AND SIJRETY COMPAN}' I-IDI]I,ITY ,TND DEPOSIl' COMPANY OF MARYI-,AND POWIiR OT A'I'TORNIY KNOW ALl. MliN IIY TIlltslr. PRl.lSliN l Si 'l'hat rhc ZI JRI('ll AMHllO\N lNSt lnAN(]i ('OMI'ANY, u corporation ol lhc Statc of Ncrv york. thc COt.ONlAl. AMIiRICAN CAS(IALIY ANt) S(lRl;lY L'oMP NY, I corloration ol'rhc Sratc o,'lllinois, and Llrc l:lDl:l.l'l'Y ND Dlil\isll COMI,ANY ol: MARYI,AND u .orporati(nr ol thc Stolc ol tlli ois (hcrcin collccrivcly callcd thc "Compoics"), by Rob.ri D. Murr.y, Vicc President, in pursuilncc ol iruthorit; griurttd hy Arliclc V. Scclion ll. ol thc lly-l,awi ol said Colnponics. which arc nnd appoint Chr.l.s L. FLAKf,. Spenccr ]'LAK1i, Drvid l- (llll,BERTSON, t,cxie Sllt-RWOOD of Anshcim, Cslifornis, [ACil, olliucrs ol'ths ZURlCll AMIIRICAN INSURANCII COMPANY dr ils ollicc in N$v York. Nc\v Yrnl'.. thc r!'gul0rly clcctod olliccrs ol thc COLONIAI. Alllll,ltl( AN (AStl^l.lY ANI) SllRl:lY (OMI'ANY !l its ollicc in (\rings Mills. Maryland.. und thc rcgulirly clcc(cd oliiccrii of thc lrll)Ii,l]'Y ANI) I)liPOSI'l ({)MPANY Ol: MAI(Yl,ANI) .rt i(s ollicu in Owings Mills, Maryland., in thcir own propl':r pcrsons. thc lly-l,tws ol said ('ompanics. and is now in lotcc. lN Wl lNllSS WIlljRld)lr. thc said Vicc-l'rcsidcnl hils hcrculto suhscrihcd his/hcr nnrncs ,nd iliixcd thc Corporrtc Scals oI thc said ZURICH AMERICAN INSTIRANCE COIIIPANI" COI,oNIAI, A]}IERICAN CASTIAI,TI' AND STIRETY COMPANY. ANd FIDELfIY AND ITEPOSIT COMPANY OF MARYI,AND. tltis I lth day ol'Junc. A.t). 2021. lJy: Robcrt l). lthu rov l'icc I'n,ti.le l ll_v: Ddren !;. ltro\a,n Secn,ktr-t' / \r?tr,t (', (,r I rra,,' ATTEST:zt'Rt( .\\l]:RI(.rN lNslrR,rN( f ('ontPANY cot,oNtAt, ,\flll;Rt( AN t;AstJAt,'t Y AND strRul Y (:oMPANYtfI[]t. Y lND D]:P(]S|I ( (I]tPA\] Ot tUARl',l.AND G*"."r.,r*^-a . b".rr^J Strtc ofMrrylind Courty of Hl|llimore lN 1 llsl ll!l()NY Wlll:RI;Ol:. I havc hcrcuno scl r y hunil afld alli\cd my Olllciirl Scirl lhc Jry rn ycxr llrs( lbovr wrill.n ( ursrancc A l)$!rn. Noury ltublr( M," (in rrissiin lr(prrcs .luly 9. 2023 I Authenticity of this bond can bc conlirmcd .t bondvrlidator.zurichnr.conr or { l0-559-t1790 .+ . i. .rL,14, 1. .. ,rr.r! . ;'r,. EXTRACT FROM BY-LAWS OF THE COMPANIES may. by writtcn inst-,.r"r,t ,,^tcr tt "-ittcstctl corporatc saill. nnpoint rtk)mors-in-ftcl with a lhorily to cxccutc___honds' policics. rccognizrnccs. stipulotions. undcrtaliings. or orhcr lik; inslrunrcnls ,- t.hrlt'nf thc Cofirpany. a d may dulhotia any olllccr or euy such attoicy-in.fuit to'aflix tho corporatc s;al [lorcto: md nroy wirh or without causc modily ol rcvok! ully such appointmcnt or au$orily at 8ny time " cERTtFtcATE I. rhc undcrsigncd. Viqc l,rcsidcll ol rhc Zt,RlCl I MIIRICAN lNstlRANCIi COMPANY. thc CO[,ON|Al. AMI'RICAN CASUAI.l'y ANI) .sURl..Ty ('OM|'ANY. llnd rhc l.ll)1.;l,l'l Y ANI) rrEPOSl'l' (IOMPANY (nr MARYI-ANl). do hcrL'bv ccrtify thr( thc ibregoing povcr ot A(omcy is still in full lorcc on{.I cflccr or} lhi: datc ol this ccrlilicirtcl ond I do furthcr ccrtify thst rticl€ V. Sce(ion 8. of lhc ByJ,arvs ol lhc Compnnics is still in lirrcc. 'l'his powcr of Attomrry and ('c itlcalc may ho signcd hy lrcsilnilc undcr irnd by outhori(y ol tltc tirlkrwing rcsolu(ion ol lhc Board of I)in"crors ot thc ZIJRI(]1 AMliRl( AN INSt JRAN('li ( OMPANY al il mccting duly cnllcd und hcld on tho l5th dtty ol l)cccmbcr 199{i. RIISOLVEI): ,' l hal thc signa(urc ol'lhc l,rcsidc l o.a Vicc l,rcsidcn( xnd thc altcsling signnturc ol x Sccrclary or sn Assistlnt Sccrctory lacsirnilc signrtur. und scal shall hc valid irnd hinding ()n thc (bmPuy '' t)ircciors of lhc Cot.ONlAl. AMIiRICAN ( AStlAl.l Y ANI) StJI{ltlY COMPANY irt rn$ling duly ctllcd and hcld on thc sth dry ol' May. 1994.gnd thc follolvi g rcsohrti(u ol thc l]oard ol l)ircctors ol thc lill)lr.l.llY ANI) l)lll'Oslf ('OMI'ANY Ol; N4ARYI.ANI) at a mce(in8 duly cnllcd nnd hcld on thc l0th day ol Mlly. 1990 RI.:SOLVlil): ','lhat thc lacsinrilc or rncchnnically rcprcduccd scfll ol lhc compan]'and lacsimile or mcchanically toproduccd siBnaturc ol'any Vicc-ltcsidunl. Sccrctury. or Assistalnt Sccretilry ol thc (irmp0ny. rvhclhcr madc hcrclolinc or hcrcallur. lvhercvcr nppcdrinE upon u ccnilicd copy ot'any porvrr ofa[omcy issucd hy lhc tirmpaly. shall bc vnlid llnd bimling upon thc Compan)., wilh lhc samc lhrce and cf]'!at as th0ugh msnu&lly alllxcd. lN llisl lMONY WIlliRliOI;. I huvc hr:rcunlo s[hscribcd nr] lirnrc an(l nl'li\cd thc corporatc suflls ol thc snid Companics. this 17th dty ol'Mav 2023 B;;tttt,,*** ltY llriu 1\{. llorlgts Vicc I'rcsidunl TO REPORT A CLAIM WITH RE(;ARI) TO A SURETY BOND, PLEASE, SUBMIT A COMPLf,TE DESCRIPTION OF THE CLAIM INCLUDINC THE PRINCTPAL ON TIIE AOND, THE BOND NUMBER, AND YOUR CONTACT INFORMATION TO: Zuriclt Surety Clahns 1299 Zurich Way Schaumburg. IL 60196-1056 rvwrv.r'cnonsltlai hrra.conr ROO-626-451'7 Aulhenlicity of this bontl crn be confirmed rt bondvalidator.zurichnr.com or 410-559-8790 -