Ferreira Construction Co., lnc. dba Ferreira Coastal Construction Co. Material and Labor Bond CIP13-03 47SUR300088010530PAYMENT BOND
(Bond for Labor and Material)
KNOWALL MEN BY THESE PRESENTS: THAT
Bond No 47-SLIR-300088-01-0530
WHEREAS, the City of Menifee, in the County of Riverside, State of California,
by minute action passed_,has awarded to t"hereinafter
designated as the "Principal," a contract lor construction of the
Holland Road Water. Sewe. & Recycled Waler Utility - C P No. 13-03 project together with appurtenances
thereto, and
"'Ferreira Construction Co., lnc. dba Ferreira Coastal Construction Co.
WHEREAS, said Principal is required to furnish a bond in connection with said
contract providing that if said principal, or any of his or its subcontractors shall fail to pay
for any materials, provisions, provender, or other supplies or equipment used in, upon,
or about the performance of the work contracted to be done, or for any work or labor
done thereon of any kind, the Surety of this bond will pay the same to the extent
hereinafter set forth;
NOW THEREFORE, we Ferreira Construction Co., lnc. dba Ferreira Coastal Construction Co.as Principal,
and Berkshire Hathaway Specialty lnsurance Company'as Surety, are held
and firmly bound unto the City of Menifee, he
of one hundred percent (100%) of the amount
reinafter called th
Seven Hundred FourleenSFVEntv F.rrr n^llrrq An.l
e Citv. in the oe
Thousa'ni, one Hundred
nal sum
Dollars
$7r4.174.00 ), lawful money of the United States of America, for the payment of which
sum well and truly to be made, we bind ourselves, our heirs, executors, administrators,
successors, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION lS SUCH THAT if said Principal, his or
its heirs, executors, administrators, successors, or assigns, shall fail to pay for any
materials, provisions, provender, rented or hired teams, implements, or machinery, or
other supplies or equipment of any kind used, in, upon, for or about the performance of
the work contracted to be done, including, but not limited to, that part of water, gas,
power, light, heat, oil, gasoline, or telephone service directly applicable to the contract,
or for any work or labor thereon of any kind, or for any amounts due under the California
Unemployment lnsurance Code with respect to such work or labor, or for any amounts
required to be deducted, withheld, and paid over to the Employment Development
Department from the wages of employees of said Principal and subcontractors pursuant
to Section '13020 of the California Unemployment lnsurance Code with respect to such
work and labor, and provided that any person, so furnishing said supplies or equipment
contributing to said work to be done, or any person who performs work or labor upon
the same, or any person who supplies both work and supplies or equipment therefore
shall have complied with the provisions of Chapter 7 of Title 15 of Part 4 of Division 3 of
the California Civil Code, as amended, or any successor thereto, then said Surety shall
pay the same in or to an amount not exceeding the amount hereinabove set forth and
also shall pay in case suit is brought upon this bond, such reasonable attorney's fees as
shall be fixed by the court.
The bond shall inure to the benefit of any and all persons, companies, and
corporations named in California Civil Code Section 3181, as amended, or any
successor thereto, so as to give a right of action to them or their assigns in any suit
brought upon this bond.
FURTHER, the said Surety, for value received, hereby stipulates and agrees that
no change, extension of time, alteration, or modifications of the Contract Documents or
of the w-ork to be performed thereunder shall in any way affect its obligations on this
bond and it does hereby waive notice of such change, extension of time' alteration, or
modification of the contract Documents or of work to be performed thereunder.
Notices, papers and other documents required by chapter 2 of Title 14 o1 Pan2
of code of civil Procedure, or by any other law, regulation, or requirement of the
Contract may be served upon Principal at this address
10370 Commerce Center Drive, Suite 8-200, Rancho Cucamonga. CA 91730
and upon Surety at this address 1314 Douglas Street, Suite 1400, Omaha, NE 68'102
lN WITNESS 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, under penalty of perjury'6n lhs 7th
day Of November 2022 the name and corpo rate seal of each
corporate party being hereto affixed and these presents
representative pursuant to authority of its governing body
duly signed by its undersigned
Ferreira Construction Co lnc. dba Ferreira Coastal Construction Co
Principal
By
- xnic/ vic(_ p/6utll E Berkshire Hathaway Specialty lnsurance Company
S u rety
By
Marisol Mojica, Attorney-in-F
StUtYlCtr
Civil Code of the State of California, Section 'l 188, CERTIFICATE OF
ACKNOWLEDGMENT
An officer taking the acknowledgment of an instrument must endorse thereon or attach
thereto a certificate substantially in the forms hereinafter prescribed.
(rNDrvrDUAL)
State of California
County of Riverside
City of Menifee
On this day of _, in the year 2-,
before me, personally appeared , personally known to me
(or proved to me on the basis of satisfactory evidence) to be the person(s) whose name
subscribed to the within instrument and
acknowledged that executed the same.
WTNESS my hand and official seal.
SEAL
Notary Public - State of California
(coRPoRATrON)
)
)
)
State of California
County of Riverside
City of Menifee
)
)
)
On this _ day of in the year 2_, before me,
personally appeared , personally known to me
io, prored to'me on @ tne person who executed
the within instrumenl as president (or secretary) or on behalf of the corporation therein
named acknowledged to me that the corporation executed it.
SEAL
Notary Public - State of California
ss T)tAe fce \ll&61q1,\ol
WITNESS my hand and official seal.
CALIFORNU\ ALL.PURPOSE ACKI'OWLEDGMEI{T CIVIL CODE S 1180
A notary public or olher otficer completing this certificate verifios only the identity ol the individual lvtlo signed th€
document to which lhis cortilicats is attached, and not th€ truthfulnsss, accuracy, or validity ol that document.
State o, Calilornia
Counly of San Bernardino
on November 08, 2022
)
)
Marla K. Gibbins, Notary Public
Herc lnsed Name and ntb ol the qficet
Brandon Pensick
before m6,
Date
parsonally app€ared
Name(s) of Signe(s)
who provsd to m€ on th6 basis of satisfactory evidonco to be the
subscribed
atsq/rnntr
to the within instrument and acknowlodosd to
authorizsd capacity(i#), and that by h is/ftrny'et
upon behalf of which the personfl) acted, exec
wnose nam4/ istay'
executed the same in
on the instrument the nersonfl
me that
I
or the entity uled the inslrument.
I certify und6r PENALry OF PERJUBY under the laws
of the Stat6 ol California that the forogoing paragraph
is tru€ and con6ct.
WITNESS my hand and offfcial s€al.
Partner - I- Limitod Ll Genoralt lndividual fl Attomey in Fact
L l Truslee tl Guardian or Conservator
@.'
olary Publt( ' Carlforiia
S.n Bernardino CotinrY
Commillron f 2364611
Comm. ElPiret JulT' 1025
lrARLA K, GI88II'I5
t
Signature
Signatura of Notary Public
Place Notary Seal Above
OPNONAL
Though this section is optional, completing this information can deter altention of tha document or
fnudulent raattachment ol this fotm to an unintended document.
Doocription of Attachod Documont
Titlo or Type of Oocument:Document Date:
Numb€r ot Pages: Signe(s) Other Than Named Above:
Capacity(ios) Claimed by Slgnor(8)
Signer's Name:Signsr's Nams:
Corporate Officer - Titl€(s):
Partner - -l Limited ! G€norallndividual fl Attorney in FactTrustee ! Guardian or Conservator
Corporate Officer - Title(s):
oth Other:
Signer ls Representlng:Signer ls Representing:
02014 Nationa Notary Association ' www.NationalNotary.org . '1-8OO-US NOTARY (1-800-876 6827) ltem #5907
(PARTNERSHIP)
On this day of
-,
in the year 2-, before me,
personally appeared , personally known to me
(or proved to me on the basis of satisfactory evidence) to be the person who executed
the within instrument on behalf of the partnership and acknowledged to me that the
partnership executed it.
WITNESS my hand and official seal.
SEAL
Notary Public - State of California
(ATTORNEY IN FACT)
State of New Jersey
County of Morris
City of Whippany
On this 7th day of November , in the year 2 022 , before me,
personally appeared Marisol lroiica , 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
Berkshire Hathaway Specialty lnsurance Company
SS
)
)
)
and acknowledged to me that he/she subscribed the name of Ferreira Construction Co lnc dba
Ferreira Coastal Construction Co thereto as principal, and his/her own name as
attorney in fact.
WITNESS my hand and official seal
SEAL
Notary ublic - S of New Jersey
Ur6ule Jakublak
A Notary Publlc of New Jersey
My Commission ExPhos March 8, 2028
ll
State of California )
County of Riverside ) ss.
City of Menifee )
bE Bcrkshire Hathawav
Specidry Insuranci
47-SUR-300088-01-0530
Knowallmenbyth€'ep.esents,lhat@acorporationexi5tin8under
and by virtue ofthe laws ofthe state of Nebratka and havinSan office atOne Lincoln skeet, 23rd Floor, Boston, Massachusetts
02111, NATIONAL ll{ DEM NITY COMPAI{Y. a corporatron existing under an d by virtue of the laws of the State of N ebratka and having a n
office at 3024 Harney Street, Omaha, Nebraska 58131and I'IATIONAL tlABlL|TY & FIBE I SURAflCE COMPANY a corporation existrng
under and byvirrue ofthe l.ws ofthe State of Connecticut and having an office at 100 First Stamford Place, Stamford, Connecticut
05902 (hereinafter collectively the "Compa n ies"), porsuant to and by the althoritY Sranted as set forth herein, do here bv na me,
constitute and appoint: M-aIsol Moiic.. Kevin t Walrh.lr.- Thomas MacDonald. Xrvsttlt. Stravato.r.clvn Thohas.100 Sooth
telf.'son Road. Suite 101. of th. .lty oa whloo.nv. 5tate ot New Jers€y, their t ru€ and la*'ful attohey(s)-inJact to ma ke, etecute,
se.l, acknowledte, and deliver, forand on their b€halfas surety and as their act and deed, any and all unde rtakings, bonds, or other
ruch wrinnSs obligarory in the n.ture thereoi in pursuance ofthese pr€rents, the executon ofwhich shall be as binding upon the
Com pa nies as if it ha s been d u ly signed and executed by their regu lady elected olficeE in their own proper persons. fhls authoritY
for th€ Attorn€y-ln-Fact shall be llmited to the rrccution oI the att.ched bond(r) or other such wrltintr obligatory in the nature
ln whe5r wh€ reol thi5 Pow€r ofAttorney has been subscribed by an authorized officer ofthe Companies, and the corporate seals of
the Companies have b€en atrired herelo this date of December 20,2018. This Pow€. ofAttorney ir made and executed pursuant to
and by a utho rity of the Bylaws, Reso lut ons of th€ 8oa.d of Okectors, a nd other Auth ortan ons of A€R(SHIRE HATHAWAY SPECIALTY
INSURANCE COMPATIY, NAIIONAL INDEMNIW COMPANY and NATIONA| UAAIUW & FIRE INSURANCE COMPANY, whlch are in
fullforce and effect, each reading as appears on the back paSe ofthis Power ofAttohey, respectively. Thefollowing sitn.ture byan
aurhoriEd officer of the Company may be a fa.simil€, whi.h shallbe deem€d the €quivalent ot.nd.onrtitute the wrltten signatur€ of
such officer of the Compeny for all purpoee. reSardint thir Pow€r ofAttorne, in.ludinS saEstaction of.ny dtn.ture requkements on
any and allund€rtakints, bond5, orothersuch writln8s obli8atory in the natur€ thereof, towhich thls Power of Attorn€y aPplies.
BERKSH I RE HATHAWAY SPECIALTY
INSURANCE COMPANY
NATIONAI. INDEMNITY COMPANY,
NATIONAL LIABILITY & FIRE INSURANCE COMPANY
By By
David Fields, Vice President
lNotary seall
NOTASY
St.te of Massachusetts, County ofSuffolk, ssi
On this 20th day of December, 2018, before me appeared David fjelde, Executive Vice President ol SERKSHIRE HATHAWAY SPECIALTY
INSURANCE COMPANY ANd ViCE PTESid€Nt Of NATIONAL INDEMNITY COMPANY ANd NATIONAT LIABILITY & FIRE INSURANC€ COMPANY
who bein8 duly sworn, says that his capa.ity is as desi8nated above for ruch Companies, that he knows the corporate seals of the
Companies, that the seals affixed to the for€8oing anstrument are su€h corporate seals; thatthey were affixed by orderofthe board of
directors or other SoverninS body ofsaid Companies pursuant to its Bylaws, R€solutions and other Authorizations, and that he siSned
said iostrument in that(apacity ol said Companie5.
f'dT/h"o
Notary Public
l, Ralph Tortorella, the unde6igned, Officer of BERXSHIRE HATHAWAY SPECIAITY INSUBANCE COMPAITY iIATIONAL INDEMNIW
COMpA Y and flATIONAL tlABlLlTY & FIRE INSURANCE COMpANY, do her€ by cedfy that the above aad foregoint is a true and correct
copyofthe Power ofAttorney executed by said Companies which is in fullforce and effedand has notbeen revoked.IN TESTIMONY
WHEREOF, ree hereunto affixed rhe reals of said Companies thir November 7. 2022.
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BERKSHIRE HATHAWAY SPECIATTY INSURANCE COMPANY
NATIONAL INDEMNIW COMPANY / NATIONAI. [IABItITY & FIRE INSURANCE COMPANY
David Fields, Executive Vice President
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BHSTC, NICO & NLF POA (2018)
BERKSHIRE HATHAWAY SPECIALTY INSURANCE COMPANY (BYLAWS)
ARTICLE V
CORPORATE ACTIONS
Section 6.(b) The President, any Vice President or the Secretary shall have the power and authority:
(1) To appoint Attorneys-in-fact, and to authorize them to execute on behalf of the Company bonds and other undertakings, and
(2) To remove at any time any such Attorney-in-fact and revoke the authority Siven him.
NATIONAL INDEMNITY COMPANY (BY,LAWS)
secion 4. Officers, Aqents, and Emplovees:
A. The officers shall be a President, one or more Vice Presidents, a Secretary. one or more Assistant Secretaries, a Treasurer,
and one or more Assistant Treasurers none of whom shall be required to be shareholders or Directors and each of whom shall
be elected annually by the Board of oirectors at each annual meeting to serve a term of office of one year or until a successor
has been elected and qualified, may serve successive terms of office, may be removed from office at any time for or without
cause by a vote of a majority of the Board of Directors, and shall have such powers and rights and be charged with such duties
and obligations as usually are vested in and pertain to such office or as may be directed from dme to time by the Eoard of
Directorsj and the Board of Directors or the officers may from time to time appoint, discharge, engage, or remove such agents
and employees as may be appropriate, convenient, or necessary to the affairs and business of the corporation.
NATIONAI INDEMNITY COMPANY (BOARD RESOLUTION ADOPTED AUGUST 6, 2014)
RESOLVED, That the President, any Vice President or the Secretary shall have the power and authority to (1) appoint Attorneys-
in-fact, and to authorize them to execute on behalf of this Company bonds and other undertakings and (2) remove at any time
any such Attorney-in-fact and revoke the authority given.
NATIONAL I.IABILITY & FIRE INSURANC€ COMPANY (BY-LAWS)
ARTICLE IV
Officers
Section 1. Officers, ARents and Emplovees
A. The officers shall be a president, one or more vice presidents, one or more assistant vice presidents, a secretary one or more
assistant secretaries. a treasurer, and one or more assistant treasurers, none of whom shall be required to be shareholders or
directors, and each of whom shall be elected annually by the board of directors at each annual meeting to serve a term of office
of one year or untl a successor has been elected and qualified, may serve successive terms of office, may be removed from office
at any time for or without cause by a vote of a majority of the board of di.ecto6. The president and secretary shall be different
individuals. Election or appointment of an officer or agent shall not create contract .ights. The officers of the Corporation shall
have such powers and rights and be charSed with such duties and obligations as usually are vested in and pertain to such office
or as may be directed from time to 6me by the board of directors; and the board of directors or the officers may from time to
time appoint, discharge, engaSe, or remove such agents and employees as may be appropriate, convenient, or necessary to the
affairs and business of the Corporahon.
NATIONAL LIABITITY & FIRE INSURANCE COMPANY (BOARD RESOLUTION ADOPTED AUGUST 6, 2014)
RESOLVED, That the President, any Vice President or the Secretary shall have the power and authority to (1) appoint Attorneys-
in-fact, and to authorize them to execute on behalf of this Company bonds and other undertakings and (2) remove at any time
any such Attorney-in-fact and revoke the authority given.
BHSTC, NtCO & NLF POA (2018)
EXECUTION OF DOCUMENTS:
BERKSHIRE HATHAWAY SPECIALTYIN SURANCE C O M P A N Y
13'14 Douglas Street, Suite 1400, Omaha, Nebraska 68102-1944
ADMITTED ASSETS-
12131t2021
Total invested assets $ 6,504,184,299
Premium & agent balances (n 552,510,359
All other assels 142,765,038
Admltted A.3ets -t----i:iEC?5fif
12t3112020$ 5,475.240.588
603,615,506
't57,E97,676
s 6,236,753,770
LIABILITIES & SURPLUS*
12t3112019$ 5,172,183,338
368,086,012
127,524,677.-----556-Eb-r
Loss & loss exp. unpaid
Uneamed premiums
All other liabilities
Total Liabllldes
Total Policyholderr'Su
Total Liabllitler & Surplu.
1213112021
1,142,116,028
484,660,143
1,163,007,684
12J31t2020
92't,923,948
372,836,160
1 ,0r4,922,210
2 349,682,318
3,887.071,452
_9__9!.99J!9JA
12t31t2019
$ 634,745,558
314,117,549
741,73E,458
1,693,601.565
3,974,192.463$ 5.667.794,028
5 s
2.78S,783 855
' Assets, liabilities and surplus are presenled on a Statutory Accounting Easis as promulgated by the NAIC
and/o. the laws of the companys domiciliary slate.