Boulders Menifee LLC Faithful Performance Bond 339-200-080 1980133FAITHFUL PERFORMANCE BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR: Grading/Electrical $_APN 339-200-080
Hardscape
Amenities
Landscape
Contingency
Total
$
$
$_$ 119.500.00
Other Proj. Ref. lP22-0251
Bond No. 1980133
Premium $ N/A
Boulders Men ifee LLC
15916 Bernardo Center D!:LVe
$11
Su rety The Hanover lnsurance Comoanv
Address 440 Lincoln Street
Principal
Address
City/State Worcester, MA City/State San Dieqo, California
zip code 01653 Zip 92127
Phone 508-853-7200 Phone 760-489-5647
WHEREAS, the City Council of 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 agreement(s) whereby principal agrees to install and complete the above
designated public improvements relating to lP22-025L Streetscape, which agreement(s),
dated 11121.12023, is/are hereby referred to and made a part hereof; and,
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
agreement(s) 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 ofiicers, agents and employees, as therein stipulated, then this obligation shall
become null and void; othenvise, it shall remain in full force and efiect.
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 of Menifee in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s)
for the faithful performance of said agreement(s);
NoWTHEREFoRE,wetheprincipaland@,aSSurety,are
held and firmly bound unto the City of Menifee in the penal sum of One Hundred Nineteen
Thousand Five Hundred and no/100 Dollars, ($l!9.500.S!) 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, jointly and severally, firmly by these presents.
FAlTHFUL PERFORMANCE BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of the agreement(s) 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 to the
terms of the agreement(s) or to the work or to the specifications..
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(s) 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 for the one-year maintenance period provided for in the
ag reement(s).
lN WTNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on November 22, 2023
NAME OF PRINCIPAL: Boulders Menifee LLC
AUTHORTZED STGNATURE(S):
L k/.,/-r,By:
ame Richard D. Wilson
Title: Managing Partner
(tF coRPoRATrON, AFF|X SEAL)
The Hanover lnsurance Comoanv
frltpa,na,a Llntu-AUTHORIZED SIGNATURE:
Alexandra Haas - lts Attorney-in-Fact Title
(rF coRPoRATtON, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
MENIFEE
NAME OF SURETY:
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
County
Califom
of '' tt
ta
t
louu AIJL ?-+rh.
(insert name and titl of the officer)
0r"1,*rA \:. \,l.)\sol-
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
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 Sta foregoing
paragraph is true and correct
WITNESS my hand and official seal.
"t-'
c
i\\\Signature (Seal)Dec
o. N)crW,cnher 21Y ZoZ 5 berore me,
personally appeared
SURETY ACKNOWLEDGMENT
STATE OF ARIZONA
COUNTY OF MARICOPA
On thls 22'd day of November. 2023. before me, a Notary Public, personally appeared Alexandra
Haas 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 Companv. 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
@
DE BB IE CLAYTONNotary Public. Stat6 ol Arizona
Maricopa County
Commission 1629249My Commission Expires
Juna 25,2026
rt^-a"!; c
THE HANOVER INSURANCE CO PAIIY
i,ASSACHUSETTS BAY I}{SURANCE COiiPANY
CITIZENS INSURANCE COMPANY OF AMERICA
POWER OF AITORNEY
THIS Pouor ot Attomey limib th. act! ol thoao namod herc,n, end lftey h.ve no authorlty to blnd tie Comp.ny except in tho manner and to lhe
orLnt heacin atrtad.
That THE HANOVER TNSURANCE COMPANY end MASSACHUSETTS BAY INSURANCE COMPANY, both b€ing corpor.tions organized ancl ooging under tho
lsws oI lho Sist6 of N6w Hampshire, end CITIZENS INSURANCE COMPANY OF AMERICA, I coQoraton organized and 6xistn0 under the laws ot tho Stste o,
Michigan, (her€mefi€r inclividually End collectiv€ly the 'Compan/) do€s heroby con3tituto and appoint,
Debbb Clryton, Brl.n O. Wilder, Holly Byrd, Tin. i/Lria Porklnr, AlerandE HrE..nd/or Rlndl L Morg6n
KNOW ALL PERSONS BY THESE PRESENTS:
o' Lovltt & Touche ot Tempe & Tuc.on, AZ 6ech individuslly, it th6re b€ mo.6 than ono nsm6d, ss its lrue snd lawful attomey(s)-in-f6ct to sign. oxecut€, 3€al,
acknowlodge and doliver br, end on it3 bohelf, and ss its act and de€d any plac€ wrlhin the Unitod Slates, any and all sursty bonds, recognizances, und6ataking8, or
oth6r surety obliJation3. The execution of such surety bonds, rocognizances, u ndertakings or aur€ty obligation!, in pu6uanca of lhe!6 plEs€ntg, shall bo es binding
upon the Comp6ny as ifthey hsd beon duly signod by the president6nd att6st6d by th6 seqetary of the Compsny, an thoir own pop€r p6rsonE- Provded howqvor,
th6t this pov/€r ol ettomey limits lhe ac13 ot thos6 nam€d hsreini 8nd hey have no authority to bind Ure Company excopt in tho manrEr stated and b th6 oxtent of
6ny limitation 3lated beiow:
Arry .uch obligetion! ln lhe Unlt d St t.3, not to .xc..d Ffty Mllllon ,nd ,loI10O (t50d)0,Oqr) h lny .ingb ln trnce
That this powor is made and ex€cuted puBuant b th6 aulhority of the following Rgsolutons pasr6d by th€ Boad ol Dlrdors ot raid Company, and ssil R6solutions
r€maan in fullbrce and efbcl:
RESOLVED: That the Presidont or any Vic€ Pr6sidenl. in conjunction wth any Mce Prosident, be and they h€rBby are authorized and smpowored lo
appoint Attomeys-in-tact of ths Company, in its name end es it ecb, to ex6cut6 and acknowledge fDr and on rt8 bohall as Buraty, eny and all bonds,
rccogn izancrs, contracts of indem nity, waiv€ rs of citation and all othor writings obligatory in tho nature thoreol wth power to atbch florBto th6 s€al ofthe
Company. Any such witngs so oxocutod by such Attomeys"in-hcl sh8ll b€ binding upon the Company aB it th€y had been duly 6xeculed end
aclnowl€dged by the re0ul6rly elected ofic6as of the Company in lheir own p@per p€rsons.
RESOLVED: That eny snd all Possrs of Attomey and Certifed Copi€s of such Poirsrs of Attomey and c€n icston in rosp€c{ thercto, granted and
executed by the Pregidont or Vrca P@9id6nt in conjunctjon with any Mc€ Preaidenl ofthe Compsny, shallb6 bindang on the Company b the some €xtenl
as ifallsignaturos th€rein vaere manually affxed, oven though one or mola ofany suah s6natursr ther6on m6y b€ fecsimilo. (Adopt6d &ob€r 7, 1981 -
Th€ H6nover lnsuranca CompsnyiAdopted April 14, 1982 - Mssleiusetts B€y lnsurancs CompanyiAdopted S6ptembe.7, 20O'l - Citiz6n3lnsuEnce
Cornpany ofAmerics and affrmed by 6ecfi Company on Merch 24, 2014)
lN wlTNESSWHEREOF, THE HANOVER INSURANCE COMPANY, MASSACHUSETTS BAYINSURANCE COMPANY and CITIZENS INSURANCE COMPANY
OF AMERICA have caused these p€sonts to b6 sealed with their respecliva corporale s6al9, duly attesled by lwo Vic€ Pr€sidents, lhis 13n day of April, 2023
THE HA'iOVER I}{SURAIICE COIPAXY
IA83ACHU3E7I3 lAY II'SUMI{CE COIIPAIIYTHE HA}IOVER I
TASSACHUSETTS
crTlzElls
cotaPAr{Y
coltPAltY
OFA ERICA
@-@
ct IIISURATCE COFAXY OF AICECA
H. X.w|..d. vrcs Prardafll
My Coflunllslon E4ltls Junc 15, 2qz3
-cotr^r.Y of ^xcRq^
THE COMMONWEALTH OF MASSACHUSETTS )COUNTY OF IA/ORCESTER ) ss.
On this 13h dsy ofAprll,2023 boforo me ceme th€ sbovb nemed Executiva Mc€ PElidont and Vice Presid€nt of Ths Hanowr lnsurancs Compsny, Msssachusstt!Bay lnsurancs Company and Citizens lnsuran@ Company of Americ€, to me p€rronslly knosn to b€ lh€ individuals and oflic€rs ddrcribed horain, and
6cknowledg€d that the s€alg affix€d to the proc6din0 insfument aro tho corporet6 s6sls of Th€ Henov€r lnglranca Company, Massadlus€tt6 Bay lnru.anco
Company and Citiz€ns lnsurencs Company ot Amerira. l€sp€ctively, and thsl th6 saad corporsle seals snd hsir sagnaturos as oficers lvsrE duly afired andsubscrib€d to said instrumenl by tho authorilv end direr"tion oI s€U CoDoretions r'
l, th€ unde.gigned Mce Presiclent of The Hsnover lnsurance Company, Massachus€tlr Bay lnsurance Company and Cilir6ns lnsurance Company ofAmorica,h€reby c€rlify that the 6bove snd forBgoing is a full, true snd conect copy oftho Original Pow6r ofAttomoy i6sued by said Compani6s, aod do heri$y furthor cartit
that the said Power8 of Atlorney are still in forc6 anc, eflect
GIVEN under my hsnd and lhe soah of s€id Companies, at \ibrcester, Masg€chusott6, this 22 day of November 2023.
ARLEEN V. Slllotasior.., PublcmErllxc. lsraxltrs
rat corn,n aal,on llpk .lro. !5, zoilll
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CERTIFIED COPY