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Boulders Menifee LLC Faithful Performance Bond 1980124Commu nity Development Department FAITHFUL PERFORMANCE BONO FOR LANDSCAPE AND IRRIGATION IMPROVEMENT AGREEMENT CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR LANDSCAPE: 1-Year of Maintenance $ S5TOOO TracUParcel Map No. N/A Total Cost Estimate: $ l,127,560.80 Proiect No.PLN22{165 Boulders tllxed Use Onsito Common Ar6a Landscapo Plans The following to be completed by the Applicant: Surety:The Hanover lnsurance Company Principal : Boulders Menifee, LLC Address: 440 Lincotn street Address: 't5916 Bernardo centor Drive City/State: worcester, MA City/State: San Di6oo. cA Zip Code: 91553 Zip Code: s2127 Phone: so8-Bs3-72o0 Phone: 760-489-s647 WHEREAS, the City of Menifee, State of California, and, Boulders Menifee. LLC , (hereinafter designated as "principal") have entered into, or are about to enter into, the attached agr6ement(s) whereby principal agrees to install and maintain all landscape, including any additional landscape materials, related to on-site landscape and irrigation located on the southeasl corner of north of Domenigoni, west of Briggs and East of Lindenberger within the Menifee Village Specific Plan, APN 340-640-029 (as shown on Exhibit L or Plot Plan PLN21-0155), 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 principal and The Hanovor lnsurance companvas surety, are held and firmly bound unto the City of Menifee in the penal sum of One Million One Hundred and Twenty€even Thousand Five Hundred and Sixty and Eighty Cents ($1,127,560.80) 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, lointly 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 agroement 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; othenarise, it shall remain in full force and effect. Bond No. 1980124 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. ?lII FAITHFUL PERFORTIIANCE BOND FOR LANDSCAPE AND IRRIGATION IiJIPROVEtiIENT AGREEMENT 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. lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on Oecember I NAME OF PRINCIPAL: Boulders Menifee, LLc AUTHORIZED SIGNATURE(S): By: Na e: Riqhard Wilson Title: (/ C{i Title AUTHORIZED SIGNATURE: Tina ltlarl€ Perktns,ts Attorney-in-Fact (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN.FACT, 2022 (IF CORPORATION, AFFIX SEAL) NAME OF SURETY: The Hanov€r lnsurance Company ACKNOWLEDGMENT State of Cali nta County of e On ?-oY-before me,Ot l;c (tnsert name and title of officer) personally appeared 0^4"^'J lu\a,t who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in hisiher/their authorized capacity(ies), and that by his/her^heir 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. ^YL€5 WTNESS my hand and official seal.2ttt16: 0.. 1. 2C1' Signature (Seal) 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 valid of that document. orArIHO!LY SURETY ACXNOWTEDGMENT STATE OF ARIZONA COUNTY OF MARICOPA On this 8th day of December, 2022, before me, a Notary Public, personally appeared Tina Marie Perkins personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to this instrument as the Attorney-in-Fact of The Hanover lnsurance Comoanv. and acknowledge to me that he (she) subscribed the name of The Hanover lnsurance Comoanv. there as surety, and his (her) own name as Attorney-in-Fact. Debbie Cl NOTARY PUBLIC June 25.2026 MY COMMISSION EXPIRES @ NoYTLCEBBEDsN C 9I226c sEsMC6o2252J THE HANOVER INSURANCE COMPANY IiIASSACHUSETTS BAY II{SURANCE COMPANY CITIZEITS I}ISURAI{CE COMPAXY OF A ERICA Of Lovltt & Touch. ol Tompc a Tuclon, AZ each individually, jf th6re b€ moro than one named, as its lrue and law'ul sttorney(3)-in-fect to gign, exocul6. seal, acknowlodgo 6nd d€liverfor, andon its behalt, and as it3acland de€d any placo within ths United Strales, any and ell surety bonds, recognizancos, undertakings, or other 3ur6ty obligations. The exsculon of srrch suroty bo.rds, reccrgnizancss, undertakings or surety obligations, in pursuance of these prosents, shallb€ as binding upon th6 Compsny as if they had been duly signed by lhe presid6nl and attost€d by the s€crBtary of the Company, in their o ,n proper p€rsons. Provij€d l}cn/vcver, thal this po/y6r of attorn€y limils the acts of thos6 named heGin i and they hsve no eulhority to bind the Company exc€pt in the mannet stal6d and io the exlsnt of any limitaton stated bdow Any such obllg.tion. ln the United Slrt !, no{ to excccd Fifty ltlilllon and t{o/100 (t50,000,000) in rny singlo i.!at nc6 Tha thls po\ /er is ma(b and oxecul€d pu.suant to ttr€ sutlority ot tl€ follo,$n! Rosoluliois paE6od by ths Board ot Dirsclo.s oI said Co.npany, and saad Resolrtioos remain in full iorce and effgcl: Thel TH E HANOVE R INSURANCE COMPANY and MASSAC HU SETTS BAY INSURANCE COMPANY, bo,r being corporetions organized and exiEtjng under the lalil oflh€ Stat€ of Now Hemp€hire, and CITIZENS INSURANCE COMPANY OF AMERICA, s corpor€tion organizod end etsling underth6la[,6 oftho Slate of Michigan, (hereineter indivic,ually and collec{ively lho'CompanF) do€s her€by co.l3titule and appoint, Dobblo Clryton, Braan O. Wilder, Kirklin pr.lch, Holly Byrd, Tina K. Nlerontsrg, Tlne Mrrie P.rkin3, Aloraftlr! He!. and/or Rlndl L Morgan RESOLVEDT Thal the Pr6idont or any Vlce Pr6sidant, in coniunclron wlh any Vlc€ Pr$idont be and th6y hereby are authorizod and €mpo^/€r€d to appoint Attorneys-in-fect of the Company, in its nams 6nd as it ac1s, to oxecute snd acknor€dg€ fo.6nd oi its bohalf a3 rurety, any and all boods, rscognizancss, co.rtr.cls of indemnity, waivers of citation and all other wrilings oblig€lory in the nature thereof, with pov,sr tc sttach theroto th€ 86al of the Comp€ny. Any such writrngs so o@crit€d by suci Attorn€ys-in-facl sh6ll bo binding upon th€ Cornpqny e9 if tl€y had b€en duly oGorted and 8ckno,\,ledg€d by the reguledy ol€ct€d ofiiceB of tho Co.npany in thoir o/vn Fopor p6rsons fuWER OF ArrORNEY THIS Powor of Anomoy limils the sctr ol those namod horcin, rnd thay hav! no .utho.lty to bind tho Comp.ny .xcapl in th€ m.nn6. .nd to th. extent heaein steted. KI.IOW ALL PERSONS BY THESE PRESENTS RESOLVED: That any and all Posers of Atlomey and C€rtifiod Copies of such Po$/ars of Atlomey and certifcatidl in resp€ct ther€lo, grEnted and axecuted by the Presid€nt or Vic6 President in conjunction with any Vic€ Pr6ident ofthe Company, shallbe binding on the Comp€ny to lh6 ssm€ extenl as il all signalurss thorein v/er€ manually affx6d, even though one or mor€ of any such signEtures lhereon may be f€csimile. (Adopted Oclob€r 7. 1981 - The Hanover lnsuEnce Company; Adopl6d April 14, 1982 - Massach6€tl9 Bay lnsuranc€ Coolpany; Adopted S€plomber 7, 2001 - Citizens lnsuronce Comp€ny of Amenca and eflirmed by each Company on March 24, 2014) IN WlTNESS WHEREOF, THE HANOVER INSURANCE COMPANY, MASSACHUSETTS BAY INSURANCE COMPANYandCITIZENS INSURANCE COMPANY OF AMERICA have cEused these presents to be sealed with their rBspective corpoEte se6ls, duly attested by t\ /o Vic€ Presidgnts, this 2"d day ot Augurq 4n22. THE HA},IOVER IIISU E COTPA'{Y THE HA'{OYER IXAURATCC COIPA"Y TA8S CHUSETTS BAY IiIAURAT'C€ CO PAI{YXASSACHU8ETTSco$PAt{Y crTrzEns E ANY OF AXERICA IIISURA CE COTPANY OF AXEiICA H Krii.d(l. V€a PraDal6nl My Conrnl8lhn Epiros Junc 15, 2023 @ THE COMMONWEALTH OF MASSqCHUSETTS )COUNTY OF WORCESTER ) ss. On this 2d dey of Auguat, m22 boioae m€ came the abovs nam€d 8(€culiv6 Mce Pr*ict€nt snd Vce Pr€sid€nt of Tho Henovor lnsuranco Cornpany, Mas€edus€tts Bay lnsurenc€ Company and Citizens lrcuranco Cofipany of Am6dca, to m6 poBonslly known to be the individuals and officors dosaribd h6r€in, ahd &kno.ri€dgEd thal the s€al6 ailixed to the pr€ceding inetrument ar6 lho corporate s€al8 ot The Hanolgr lnsulance Company, Massachus€tls Bay lns(lranca Cornpany and Citizens ln6u.anco Company ol Americr, r66p€c1ively, and thal th€ 6aid coDorat6 s6als and th6ir signatunrs os ollicors lv€re duly afix€d eM 3ublc.ibad to said inEttument by th6 authority and diroclion ot said CoDorations. ,/ l, th€ undeEigned Vco President of The Hanover lnsurancs Compsny, MassachuBotts Bay lnsuranc€ ComFEny and Citjzens lnsuranca Cornp€ny ot Arhenca hereby cortfy thet lhe 6bove and for€going is a full. lrue and conscl copy of [re GrgrnEI Po\ lBr of Atlomey i6su€d by sad Companies. and do hereby funh€r certfy lhal lhe said Powers ol Attomey ere strll in iorce and effec1 GIVEN under my hsnd and the s€als ol said Compqnies, al Worc€ster, ilaggachusott!, thig 86 day of Doc€mhE'( 2022. ?cotP^iY of ^*rc^ { U aeLEEir v. sluolls[o!.., Psblrccomarar{ tr lrlsaall,BfrTsIy Cottr,lrtatton EitL..l,l. t5, 2qB CERTIFIED COPY ffi\Yi,