Sutter Mitland 01, LLC Faithful Performance TM31822-F TM5224866FAITHFUL PERFORMANCE BOND
FOR GRADING PROJECTS AND / OR EROSION CONTROL
OR LANDSCAPE IMPROVEMENTS
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR GRADING:
Rough Grading
Erosion Control
WOMP
Total
369.000 0 Tract 31822-F
15.000.00 Other Proj ect No. GP17-R
Bond No. T /522 4866
84 000 00 Premium $3.329 OO USD
SLlfety Tho Guarantoe Comoanv ol No(h Amorics USA Principal Sutter Mittand 0i LLCAddress One Souare Ste 1470 Address 3200 Park Center Dr.. Suite 1000/State SouthCityfield, Ml
$
$
s
Zip code 48076
City/State
Zip code
Phone
Costa Mesa. CA.
92bzbPhone (248)-2 81-0281 (714\ 427 -6868
WHEREAS, the City of Menifee, State of California and Sutter Mitland 01 LLc(hereinafter designated as "principal',) have ente red into, or are about to enter into, the attachedagreement(s) whereby principal agrees to install and complete the above designated grading project,related to (Tract)TR 31822-F / GP17-094R , which agreement(s) is/are hereby referred to and madea part hereofi and,
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for thefaithful performance of said agreement(s);
NOW THEREFORE, we the principa I and The Gu rantee ComDa of North America USA, assurety, are held and firmly bound unto the City of Menifee in the penal sum of Five Hund ered EiohtvFour Thousand 00/100. Dollars {$ 584.000.00 I lawful money of the United States, for thepayment 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 princrpal, his or its heirs, executors,administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keepand perform the covenants, conditions and provisions in the said agreement ind any alteration thereofmade as therein provided, on hls or their part, to be kept and perfoimed at the time and in the mannertherein specified, and in all respects according to their true intent and meaning, and shall indemnify
and save harmless the City of Menifee, its offjcers, agents and employees, as therein stipulated, thenthis obligation shall become null and void. otherwise, it shalt remain in full force and effect.
As a part of the obligation secured hereby and in addition to the face amount specified therefore, thereshall 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 inctuded in
any.ludgment rendered.
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FAlTHFUL 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 named, on April firh,2019.
NAME OF PRINCIPAL Sufter Mitland 01 LLC
AUTHORTZED STGNATURE(S):
ame: David E. Bartlett
Title: Vice President
(rF coRPoRATrON, AFFrX SEAL)
The Guara Company of North America USA
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By:
NAIUE OF SURETY.
AUTHORIZED SIGNATURE
Debra Watterson, Attorney-in-Fact
(rF coRPoRAT|ON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL ANO
ATTORNEY-IN.FACT.
9/8/15
A notary public or other officer completing
this certilicate verified only thc identity of
the individual who signed the documcnt to
which this certilicate is attached, and not the
truthfirlness, accuracy, or validity of that
document.
STATE OF CALII'ORN IA
COLINTY OF Oranqe
s5
On Ac.\ LLl . 2019. belore nrc.
_, No1ary Public, personally appeared c{e
I certiSr under PENALTY OF PERJURY under the laws of the Stare of Califomia that the floregoing
paragraph is tnle and correct.
WITNESS my hand and official seal.
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_, who proved ro me on the basis of satisfactory evidence to be the person(+whose name(g
islare*ubscribed to the within instrument and acknowledged to me that he/sheAhey/executed the same in
his/hed*hek authorized capacity(ie*|antl that by his/he#thei+ signature(+on lhe instrum€nt the person6+
or the entity upon behalfofwhich the person(s) acted, executed the instrument.
Cqrn
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Illt4 Notary U
MEAOAN XNECHT
coMM.#2117799llo[., Plruicadoril.
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