Pinehurst, LLC Faithful Performance Bond PM28794 491481SFAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS ANO / OR EROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
CITY OF MENIFEE. STATE OF CALIFORNIA
(Government Code Section 66499.1 )
Executed in'friplicate"
Parcel Map 28794
Other Proiect No. GPl8-026P / Park Site
Bond No
Premium Sl9 172.00
FOR GRADING
Precise Grading
Site Amenities
Landscape
Total
gurgty [)evelopers Surety And Indenrnity Compan)Principal Pinehurst. LLC
AcldresiTTTTeowirnlS[ile IO0 Address 1000 Dove Suile 100
City/State Newoort Beach.CACity/Stale Irvinc, ( l,\
Ztp code 926t4 ztp 92660
Phone l-800-7E2'1546 Phone (949) 660-8988
WHEREAS, the City of Menitee, Sate of Calfornra. and, eilgEulg!,ltg (hereinafter designated as
''principal") have entered inlo, or are aboul to enter into, the attached agreement(s) whereby principal
agrees to install and complete the above designated grading project, related to (GP) E!.g]0298,
which agreement(s) iVare hereby refened 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
faithtul performance of said agreement(s),
NOW THEREFORE. we the principal andt).u"l"P"" sut"t , as surety. are
heldandlirmlyboundUntotheCityofMenifeelnthepenalsumof@
Two Thousand and no/100 , Dollars (31.842.000.00) lawful money of the United Slates. for the
payment of which sum will and truly be made, we bind ourselves, our heirs, successors. executors and
administrators, ioinlly and severally, firmly by these presents.
The condrtion of this obligation is such that if the above bonded pnncipal, his or its heirs, executors,
administralors, 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 parl, 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 ofricers. agents and employees, as therein stipulated. then
this obligation shall become null and void, otherwlse, it shall remain in full force and effecl.
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.
(,1' I 8-{):61' t aithlL l l'crlirrmuncc
$ 388.000 00
$ 998.000 00
$ 456.000 00$ 1,842.000 00
.r9 t.trl I s
FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS ANO ORYEROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
REOF, this instrument has been duly ex
Ianuarv 7th
IN WITNESS WHE
above named. on
ecuted by the principal and surety, 20 re
NAME OF PRINC|PAL pinehu rst LLC
AUTHORIZED SIGNATURE(S):
By. Pacific Communities Buildet lnc., its Manager
By
Name
Title
Nelso hung
Pres ent
(tF coRPoRATtON, AFFTX SEAL)
NAME OF SURETY: Developers Surery And Indenrnity Company
AUTHORIZED SIGNATURE: ,).. . 't ".
Its Attorney-in-Fact Morag A. Corcv Title Attorney-
(tF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
lll-'ac t
Ti]9 surgty hereby stipulates and agrees thar no change, extensron of time, arteration oraddition to the terms of this agreement or to the work to be performed tnere'undei oi tnespecifications accompanying the same shall in anywise affect iis obligation on this bond. andit does hereby waive notice of any such change, extension of tim;. arteration or addition.Surety further stipulates and agreea that the proiisions of Section 2845 of the Civil Code andcommencement of construction are not conditions precedent to surety's obligations hereunderand are hereby waived by surety.
when the work covered by the agreement is complete, the city of Menifee wi accept thework and thereupon, the amount of the obligation of this bond is reduced by 90% wiih tneremaining 10% held as security Until the cilifornia Regional water euali( control Boardissues a Notice of Termination
1
(,1'l 8-0161' I .lithlirl l)crl()rntuner
ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verilies 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 January 8, 2019 before me,Araceli Esquivel, Notary Public
(inserl name and title of the officefl
personally appeared Nelson Chung
who proved to me on the basis of satisfactory evidence lo be the personlslwhose namefq istrarc
subscribed to the within instrument and acknowledged to me that he/€hdthey executed the same in
his/hedthei+ authorized capacity(Iec), and that by his/Htfursignaturels) on the instrument the
person(s), or the entity upon behalf of which the personlq) acted. executed the instrumenl.
L
6WITNESS my hand I seal I
l
t-
lno! Uounry t
Erolra! Jrn I I 2019 J
--tFFrFFSignature(Seal)
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correcit.
POWER OF ATTORIEY FOR
OEVELOPERS SURETY A OI'{OE ITY COMPAIY
II{OEHiIITY COTPAT{Y Of CALIFORTIA
PO8o, 19725 RVTNE CA9?623 9.19t263.3300
XNOWALI BY THESE PRE SEIITS bal oxcsl as otpGery lmftd. oEVELoPERS SURETYANo |NDEMNITY CON pr\,tiy end ttOEMNtIy COrrpANy OF CA.L|FOR IA (b erdrh€reby male casofulr 'ld amont
"'Enc Englund, Deanna Wersch. Mana H Haberlock Lrsa Mc Ctel lan. Matt Skelton. Sean F|nn, Elarne O Willtamson, Morag ACo.ey lornlly or severally"'
IN iYIINESS WHEREOf DEVEL@ER
their r.spacbvo off.cl3 nld ana3t6d by
6'1a'tueandls iuiAllb'n6isln_Fd tom.*a. araorto dd',tr aE dmridgo kr &d or bdldt ot lrd Epo.sErs Bintrg3. bqrb nndrht E*6 co.r!.di ots0rely(xp 9Mn9
'nd
grsttno unlo rad Atdnq sfn'F6ct fui p*t dtd ruhoiry ; & d to 96rtsm cvd, rcl,Lc6srry, Gqiob d Fwr b bo dora m coon&tan beroror as
pr6enB Je haGby ratfcd e.d cqiirm.d
It L1Y Ig"ry ! g-tod snd 6 3ronod by ls€fnr6 unde, 11{ by eJhqrty d be ldlonig r*oart rl! .dodd by f,€ rn .d.6 Sodds ol DrEci! ot D€vtLopERs suRETyAND INoEMNITY ColrPAl{Y and tNOEt [y COarpANy Of, CTUFORN|A. .ftdve 6 a L","i.V iA. mOa
RESOLVED, hal r dnlnatan ot &y tie oa ho Charm,l o, rt€ Board h6 prsdool Ero,t!! yrc+ftr.|do.t Sa.rs VE+pr6dant ol 6ny Vrca pr6do.tt o{ le*p".1"" F and ttut aed o{ t'e.n hs-t 13 alhonzod to.rcorb h6 porq ot A[dnay. qustfrrng [,!. fio.nE(!) nrn d m ho p*e Uelanoy to creorte. o oerol O neco'pqations bond3. undod,krrl9s 6nd aonr6d! of luraty6hp. arrd h.t thG sccr€liry 6 sny lsj"t",it sLarry a itrer ol $6 co.pdluqB b€ ana 6JJJ ,|; noreoy rs aurmrz*lo et6dl he oroortldl o, fiy st $ Pds ol r{tqrl6y
RE SOLVE D FURTHER 0t t h. londur.. ol sodr olfca.r lnry bo rfusd lo a1y ludr pois ot Ato.ney d to ,ly crtfcd. ,Crtng hd6b by t!.srmL. md sny sudrP*rt ol Ado'ntt d ctli"b baaT p edl bcsma l{naturB $d b. ;d r,{ b.rdq ,pot n" ..porarr" ,1g, ro rfrrad r,o m tr,c futio r t f.apaal to ,ry bodd unddt*,ngo cdliacl d sur.tylhp to rrdt i E &dEd
s SURETY Ar{D TNDEMNTTY Cot pany rnd rt{oEMNry corrpAry oF CAUFoRNII how !6/oo{y 6r6eo h... pre.aa b bo
"{ned
by0ta, rasp.clrv! S.crrlrry or Asllltant Sacrctrry hE 4th d6y ol Ocrobcr 20 j I
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6r!riat
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lo ae(rll crle rs the trulhfulne ss that nl
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lo rl€ fifio ,Btunqll ri rdnoidgad b fit6 6d ndrhdll., .xaajbd trlo !!l1r o ht9td'r'rrd arthdud
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firdr h. pssml!)adad. d6rbd he nltrum$t
I I 6rtty udar PENA|TY OF PERJURY undq 0|. lr*s ol h6 Sbb ol Ca om|s h.t tlo io.a{ong palagraph ls
Iru6 'ld ccnect
MTNESS my hand.nd oltoC r6d
Prac3 No6ry S€3r Alow Sgnalue
CERTIFICATE
Ihe un&.s0n6d Bs Soools.y o Ar$bnl Sccrslsry ol DEVEI-oPERS SURETyAND |NoEMNtTy COMprfiy o. |NOEMN|Ty COMFANY OF Ctu|FORN|A. do.s htraoy
!.d ca.po.aton! lal lo.lh ,r ha P s ol Aflornly da ln lqce a3 ol fi€ data ol h6 CsrdcaE
Th6 Ca.tforla 6 eroqrtod n he Oty d lMn€ Cdlo.n,. hl!
N.. hi 'tft d 16 dh 6r
Cr*t9368y ocr !
r16?
AT$1002 (10/16)
7h dry ol Jdruary
STATE OF OREGON
COUNWOF
on .t -7 -19
CLACKAMAS l
belo,e mc Lrsa Ann Mcclellan
lhere insetl name of nokryl
pelsonally awea red Morag A Corey
@amo$) ol slgne4s))
perconally know) lo me (or prcved lo me on lhe Dasis o/ salrsbctory evidencel to be lhe person(s) whose namels) E/are
subscnbd to lhe wthn instumenl and door4edged lo ne thal hegfufiEy a<eculed iE same n h&hernhetr authoteed
capaaty@s). and lhat by hisher/lhei signature(sl on lhe instument lhe Frson(sL ot the enny upon behall ol whtch the
person(s) acted, executed lhe inslrument.
WITNESS my hand and olfrcal seal.
,,*rrr"i-lt*'Q rllot'"-'
TSEAL)
a-r\ oFF crAL sTAMP.::;:jA us^
^rN
uccrEul
ii'i/ 7 roraFY P,,BL c . oBEGoN\.rrru/ COMMISSIoI'] NO 956d9a
MY COMMISSIOTI EXPIRES NOVEMSER 28.2020
I h^ ,t' t,.t h, ( )llit ttl \ta htl .\itl
-OPTIONAL-
Though the dala below rs not required by law rt may prove valuablc to persons relying on the document and could
prevenl lraudulent reattachment ol lhis form.
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT
Ll txotvtoual
fl conponnrr orrrceR
TITLE OF TYPE OF DOCUMENI
Ll penrr'ieR(sr lluurreo
E ceruenel
ll arroRlrey-rru-rect
n tRustEersr
[ ] ounnonlr,cor'TsERVAToR
L-l orHen,
NUMBER OF PAGES
DATE OF DOCUMENI
SIGNEB IS REPRESENTING:
SIGNER(S) OTHEFI THAN NAMED ABOVE
10 1232 rREV 5 09t ALL-PURPOSE ACKNOWLEDGEMENT
I
I
I
I
?l
FOR: Precrse Grading
Site Amenlties
Landscape
Tota I
MATERIAL AND LABOR BOND
CITY OF MENIFEE. STATE OF CALIFORNIA
(Government Code Section 66499 1)
'F.xecuted in'friplicate"
Parcel Map 28794
Other Project No GP18-026P / Park Site
Bond No. 491481S$000 00
s 921 000 00 Premium $ tncluded in Pertormance Bond
SureV@panfrincipat Pinehurst, LLC
Address 17771 Cowan, Suite 100 Address 1000 Dove Street Suite 100
City /State Newoort Beach.
Zrp 92614 zip 92660
Phone l -800-782- 1546 Phone (949) 660-898 8
WHEREAS, the City of Menifee, State of Catifornia,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,
Erosion Control & WQMP relating to GPl8{26P. 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 Catifornia,
NOW, THEREFORE, said principal and 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 p erformance of said Crvil Code in the sum of Nine Hundred
Twentv One Tho and and no/100 , Oollars,$ 921.000.00 for matenals furnished or labor
thereon of any kind. or for amounE due under the Unemployment lnsuranc€ Act with respect
to such work or labor, 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 thts bond, will pay, in
addition to the face amount thereof, costs and reasonable expenses and fees, including
reasonable attomey'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.
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 Part 4 of 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. otheMise, it shall be and remain rn full force and effect.
( ;P lt-ol6l' llrtcrial Lahrr tlond
$ 194.000.00
$ 499.000 00
City/State Irvine, (:A
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 accompanyrng the same shall
in anywise affect its obligation on thrs bond, and it does hereby waive notice of any such
change. ertension of time, alteration or addition. Surety further stipulates and agrees that the
provisions of Section 2845 ot 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 prancipal and surety
above named. on January 7th 2019
NAME OF PRINCIPAL Prnehurst. LLC
AUTHORIZED SIGNATURE(S)
By:Pacrfic Communities Builder, lnc., its Manager
By
Name
Tltle
Nel Chung
P ident
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETy: Developers Surety And Indemnity Company
AUTHORIZED SIGNATURE
Its Aftorney-in-Fact i\lorag A. Corev Title Attornev in I:acr
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL ANO
ATTORNEY.IN.FACT.
( ,l'lt-l):61, \!atcriirl l.rLr)r llond
ACKNOWLEDGMENT
A nolary public or olher 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
valid of that document
State of California
County of Orange ,
on January 8, 2019 before me. Araceli Esquivel, Notary Public
(insert name and title of the officer)
IVTL
mn d:195660
tttl-i .Cdrlornit
Cr.ngr Counly
ru3 Jln t l. 2019
Signature (Seal)
personally appeared Nelson Chung
who proved to re on '
subscribed to the within instrument and acknowledged to me that he/€h€ltltey executed the same in
hisiherltheir authorized capacity(lEc), and that by his/lredtlcirsignaturefe on the instrument the
personfsl, or the entity upon behalf of which the personfr) acted, executed the instrument.
I certify under PENALTY OF PERJURY under lhe laws of the Slate of California that the foregorng
paragraph is true and correct.
WTNESS my hand and otficial seal.
i
POWER OF ATTORHEY FOR
DEVELOPERS SURETY ANO II{DEIiIIITY COI,lPANY
INOETIT{ITY COXPANY OF CALIFORNIA
PO 80r 1q725 TRVtNE CA92623 19,{S) 261.1300
XNOW ALL BY Tr.lES€ PRES€NTS fiat dcepl 6 erBss.3ly lrm4od DEVELoP€RS SUREft AXo lNoEr ln Co[rPAflY sod lNoElttlllY COMPTO.IY 0r CAllFoRNlA. do .8dt
h€r.ot male cdl3lllle fid ,@nl
"'Enc Englund, Deanna Wersch, Mana H. Hab€dock. Lisa Mc Clellan, Matt Skehoo, Soan Fllnn, Blarne O Wrllramson, Morag A.
Corey, lorntly or s€verally"'
p.6€.t5 a.! h6.6by r.t6.d a.d cglin€d
ThG P*r. ol aio.nq 6 gr&Ld and 6 s{,tod b, basrnlo urdo. rd by rutlq[y d h6 t drl]g r6{rriorE !@lcd t, tE r6paalrl. Bori! ol oradds o{ DEVELoPERS SUREIY
Aflo lNOEMttlrY Coi,lPAllY ,r{ lNoEMilnY COI,PA}IY Of CALIFORNIA 6lh(,lo .3 ot JdxJt} l3l 2006
RE SOIVEo tiat a cdnbnd,dt ol y hro ot tle clryrnsl o{ h6 8o6.d. he Pre&dont Erorty€ VE+F\e(f1t Sarrd V'a+PrGi6..i cr Jly !1c. Pr.srdanl o( tE
c(rpqeDns be ,x,lhar sadr ol hem hg€oy 6 aofbred to derb t!! Poltr d roo.ney. a*t vtg h€ rtEn y(si nrnad rl t\c P*c ol Allriot to araorh an b6ldl ol fie
cdporeto.ri boods unddlrtn$ rod confrds d sordylhp r1d hrt hc SoGlry c any lssstrfll So.Ey ol dfla. ol tr c.rpqrtcn! b€ and sch o{ tlc n h€reby 6 authsE€d
to allst fi6 sreiim ol eny such P d d AlloflEy;
RE SoIVE 0 F URTHE R hst hs srgnaturE oi such offc..s mly b€ rlfuBd lo eny sudl Pds ol Atlo.n6y o. lo rny cdificsl! raLtln hdalo Dy lacam e aM .ny $ri
Pdlr ol Alomoy or dtfcrts ba.nng sudr l6csmdo 3qnabr6 lhd ba Y'ld tnd bndng updl 0l. cdDo..to.l! rhrl so .lfuad nd n hc btul! Ilh raapad to try bond und€detrq
d cd)lrrct ol sur6$shD to lltdr 6.lbdt d
lN WTNESS lYB€REof o€VEL@€RS SLREIY All0 lNo€Mt{lTY C0 PA}IY uE INoEMNITY CoMPAXY Of Ct{|FORNI,A havr s6\,ordly ct..d [Eso pGenls lo bo s€n€d by
li.r rospcctvi o{i.r.s ,nd ,ndd U rta ras!!atl,! Sa(,.lry c, Ai!61'1l Sa('dr.y t1ls a$ dry ol Odob.. 2016
By
8y
I
oanEl Yoon! S€nrd vrce Presrdonl
6J974I ocr !rL,
A nolary publc or other omc€r complchng thrs cartificale venfes only lh€ dcnlrty of lhe ,ndrvrdual wt]o srgned the
documenl lo whrch thrs certfcale rs attached. and nol lhe lrulhfulness. accuracy ot valdrty of lhal documenl
SLb ol Cdilorfta
Cdrnty ol Oang6
01 os!t{{ ?0.1.QOI
pds(,1aly appa6r0d
It crut uYrcm
lu..y hJUk - C.llo.ttL
o..nt Co$ry
Corir rtlcr, U9tl15
ly Coirn. trDa.G ocl ll, !0U
r.r rn, x.t ,n td d h (m.-
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rho pao!6 lo llle d] ho baa6 d seBhdoay 6ad€.tce b ba t|. prlanis)rt6o nrft(s) lgre 3ubsafi6ad
ro il€ r rn nswflEnl rt rdmr.dgd b rc fl,l hdJl6dl., lr6qrbd dra !&E m h6l|g/her efiqu€d
c4&Ml6) rld tul by hirrfilli sgn$rd!) o. dta rutunldtl trc p6!d(J) or ha eoity u9o.r md{ ol
rldr 6. pass{s) r.l€d. .te)td !!! ftturldrt
Ddlrer
cdtfy rrl(,r PENATTY Of PERJURY und., tt Lrs ol hG Slrb ol Calirno h6r h6 b€9qn0 p.,agr.ph 15
ruo rd @Y€d
1
nt€ uod.G€n d .5 S.q€try o lssr3l6nt Sd6Ey ol DEVELOPERS SURETY AtlD lND€trllllY COIIPANY cr IND€MNITY CO Pr+lY Ot CA!|EoRN|A ctc h6.Sy
rad co.poraDons sel loah n ho P aa d afio.ney a.a ln krco r! ol ha 6at! ol t'lJ! C€tfcata
/VITN€SS rny hendlnd olfod sael
aaae Nola.y S€al Abo"€99n tur6
CERTIFICATE
Thrs Co.tfrcrlo L! ox€culod in fie Crly ol lrune Cdlqnu hrs 7th d€y ol Jonuary
tiY Ct*
C8sse J
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re6,
ATS1O02 tr0/ r8)
q ft.,,r*a-,a_
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l9-16
SIAIE OF oREGON
COUNTY OF
On 1-7-19
CLACKAMAS l
belorc me_ Lrsa Ann Mcclellan
(here nsed name ol nolary)
personally appea red Morag A Corey
lnamo$) ol Signelsl)
personalu known lo me (or provd to me on the basis ol satslactory evidencd to be the person(g whosc nametr.l tgate
subscntfd to tlE wiinn tr],stn,,''lenl and a&nowledged lo nE l:E]l hershefiwy ex6|c;uled lE same in hs,her,lhetr authoued
capacnyies). and thal by hEhedher sgnaturc(d on i1e instrument the FRa(g, ot the entity upn behafi ol whtch the
pet$n(sl acld. execuled the rtftument
WITNESS my hand and ollical seal
Sgnalure '
4
/,^A filoctt--(SEALI
oFtctAL srAuP
LtsA A N UCCLE|IAI
NOTARY PJAL,C . OHEGON
COMMISSION NO 95689,t
MY COMMISSTON EXpTRES NOVEMBER 28 ?nm
I ht\ ,|, ,t hi ( tltt\ htl \,'t,u tnl \, ,t
-OPTIONAL-
Though lhe dala below ts not requtred by law. it may prove valuable to pcrsons relyrng on the documcnt and could
prevenl lraudulenl reatlachment ol lhis torm.
DESCRIPTION OF ATTACHED DOCUMENT
fl rr'rorvroulr
D conponerE orrrcEn
IITLE OF TYPE OF DOCUMENT
L lpnnrruEnrsr L-.] LIMITED
[ ] oeuennl
ATTORN€Y.IN.FACT
IRUSTEE(S I
GUAFIDIAN/CONSERVATOR
NUMBER OF PAGF S
)
l OTHER
DATE OF DOCUMENl
SIGNEB IS REPRESENTING
SIGNER(S) OTHEFI THAN NAMED AEOVE
ln r232 iEav 5 n.i ALL-PURPOSE ACKNOWLEDGEMENT
I
I
CAPACITY CLAIMED BY SIGNER