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Sutter Mitland 01, LLC Bond Release Letter TR31822-1 1000829614MENIFEE 29844 Haun Roacl Men(ec. CA 92586 q51-672 6"177 Fax 951-679'3843 New. Better. Best.cityotmenilee.us December 23,2020 Sutter Mitland 01, LLC 3200 Park Center Drive, Suite 1000 Costa Mesa, CA 92626 Re: Sutter Mitland 01, LLC, City of Menifee, TR 31822-1, Plot Plan No. 2015-255 Bond Release, Bond No. 1000829614ffCS0171560 To whom it may concern; Per the City of Menifee, Community Development Department, the landscaping and irrigation improvements have been installed and maintained to City specifications and standards and the bond is now ready for release. The City is unable to produce the original bond, enclosed is a copy. Please let me know if you have any questions. Sincerely, Stephanie Roseen, Deputy City Clerk Enclosure Bill Zimme.man Lesa A. Sobek Mayor Pro Tem Orstrrct 3 Bob Karwin Councrlmember Drstnct l Man Liesemeyer Councrtmember Orstrcl 2 Dean Oeines COunCrlmembef Drstrrcl 4 Armando G. Villd Crty Mdnaqer Faithful Performance Bond No. 1000829614ffCS0171560 - $564,365.48 MENIFEE New. Better. Best. DATE: December 15. 2020 TO: Sutter Mitland 01 , LLC 3200 Park Center Drive, Suite 1000 Costa Mesa. CA 92626 Russell B ate Planner City of Menifee Community Development Department 29844 Hdun Road Menrtee. CA 92586 951 672.6777 Fax 951 679 3843 cityolmenifee. us RE: Performance Bond Release for PP 2015-255 - On-Site Landscape and lrrigation for The RanchHouse - PA 42 Recreation Center within Audie Murphy Ranch On-site landscaping and irrigation for Plot Plan 2015-255 has been installed by the applicant andapproved by the Cily. The landscaping and irrigation has been installed and maintai;ed in an acceptablecondition for the timeframe required in the agreement (12 months). Therefore, due to compliance with the-Conditions of Approval the Planning Department approves the bond release for the remaining amount of $664,365.48 for this proJect (Bond No. 1000829614). Please contact me at (951) 723-3745 if you have questions or need additional information. Sincerely, City of Menifee Community Development Department Dean Oernes A,mdndo G Vrlla Crt/ M,lndqer Erll 2,mmermar Greg Augu5t tesa A Sobet Community Development Depaftment FAITHFUL PERFORMANCE BOND FOR RECREATION FACILITIES, LANDSCAPE AND IRRIGATION IMPROVEMENT AGREEMENT CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR LANDSCAPE 1 -Year Maantenance S35,980.20 Total 94,211,213.55 Princrpal Sutter Mitland 01 LLC Address 3200 Park Center Drive, Su(e City/State Costa Mesa, CaliforniaZip 92626 1000 WHEREAS, the City of Menifee, State of California, and, Sutter Mitland 01 LLC (hereinafter designated as "principal") have entered into, or are about lo enter into, the attached agreement(s) whereby principal agrees to anstall and complele the above designated recreation cenler including, community building. pool building, two pools, a spa, restrooms, outdoor furniture, playground, outdoor table tennis, recreational corn hole toss, parking, landscape materials and installation, related to (TracUParcel) 31822-1, PA 42, which agreement(s) is/are hereby referred to and made a part hereofi a nd. WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for the farthful performance of said agreement(s), NOW, THEREFORE, we the principal and U.S. Specialty lnsuranco Company, as surety, are held and firmly bound unto the City of Menifee in the penal sum of Four Million Two Hundred Eleven Thousand Two Hundred Thirteen and 55/100 Dollars ($4,211,213.55) lawful money of the United States, for the payment of whrch sum wrll and truly be made, we bind ourselves, our heirs, successors, executors and administrators, joantly and severally, firmly by these presenls. The condition of this obligation is such that if the above bonded principal, his or its heirs, executors, adminlstrators, 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 part, to be kepl 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 th s obligation shall become null and void; otherwise, it shall remain in full force and effect. 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, rncluding 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. Tract/Parcel Map 31822-1, PA 42 Other Project No. PP2015-255 Bond No. 1000829614 / TCS0171560 Surety U.S. Specialty lnsurance Company Address 60'l S Figueroa Street, Suite 1600 Crty/State Los Angeles. CaliforniaZip 90017 Phone 860-284-4627 lN WITNESS WHEREOF, this instrument has been duty executed by the principat and surety above named, on Oecember 8b, 20t6. NAME OF PRINCIPAL: Sutter Mitland 01 LLC By Name: gnrt 6rr\cr+Title: .i ;cr P: rsrrnr FAITHFUL PERFORMANCE BOND FOR RECREATION FACILITIES, LANDSCAPE AND IRRIGATION IMPROVEMENT AGREEMENT (tF coRPoRATtON, AFFTX SEAL) U.S. Specialty lnsurance CompanyNAME OF SURETY AUTHORIZED SIGNATURE: Matthew J rnaert, lts Attorney-in-Fact (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN. FACT. The surety hereby stipulates and agrees that no change, extension of tim€, alteration or addition to theterms 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 rt does hereby waive notice of any such change, extension of time, alteration or addition. Surety further stipulaies 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. AUTHORTZED SIcNATURE(S): CERTIFICATE OF ACKNOWLEDGEMENT OF NOTARY PUBLIC STATE OF Connecticut COUNTY OF Hartford On December 8. 2016 before me, Julie M. Baitv a notary pubtic, personaLty app€ared l'latthew J. Beernaert who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) islare sunscriUed to the within instrument and acknowtedged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that be his/her/their signature(s) on the jnstrument the person(s), or the entity upon behatf of which the Person(s) acted, executed this instrument. lcertify under PENALW OF PERJURY under the laws of the State of Connecticut that the foregoing paragraph is true and correct. WITN my hand and official seat Julie M. Baily Notary Public, Stale of Connecticut i,ly Commission Expires June 30, 2019atureof Notary Pu 11 POWER OF ATTORNEY A tT:RICAN CoN,I.R^C1.oRs INDSMNITY CoMPANY U.S. SPTCIAI,TY INSURANcE CoMPANY KNOW Al,L MEN BY TF{LSE PRESENTS Tlrat Anicrican ('ontractors lndcmnity Cornpany, fl Calitbmia corporation, and U.S Specialty lnsurancc Cornpany, a Texos corportrlion faollcctivcly, the "tlo,nprnies"), do by these Fresents rnake, constitute and appolnt: Jullc B.lly, Brian J. Stcrlc, D. Mrtthcw Olscr, M.tthew J, Rrcrnrert or Jsson Hilby of l'arminglon, Connccticul rts tru. and lawful ,,\ltLrmcy(s)'in-frct, each in lheir sepnratc caf,acity il nrorc than one is narted abovc. \rrth full power and aulhority hrreby conferred in rls narne. place and st.'ad, to cxccItc. acknowlcdBL. and r.lclivcr ony and !ll bonds, rccognlzanccs, undertaklngs or other lnrtrurncn(s or contrBrts of \urrtyship to lnchrdc ridcrr, amcndmcrts, snd conrcnts of sur€ry. providing lhe bond pcn.lty docs not crcccd .i....scvcnlv Fivc Mi io,r.rr*i' This Powcr of Atlorney shall expire without further action on Dec€mber 20,2017. This Powcr ofA omey rs granted undcr and by authority o f lhe following resolutiorE ldoFld b't thtiBoait+ of Directors of th e Complni ca: 8d ,t X6?fwd, lhqt tlr. Prcsjdcor, ,ny Vicc-Prlldcol, rny irdri1ttVrcc.P,.s',lcnr, dnv S.cmrer or srly Ariiltlnl S&l.lrry 3h!ll b. .nd is h.r.by vEst d with tll pow6r ond $thority ro appor.r any on. or mor!$lrabl. pcrsoni r! Anomiy(s)-rn-frcr ro rcprcrcnt lnd lci for lnd on bchllfofrh. Compey subjcEt ro lh. follouing r.coSnizanccs, conrncrs. .8rctnlcnE or itutmnhy rnd olh.r condirion.l or obligirory undcnrkin8s, rncludrnS .ny lnd.ll con3cnR for th. r€lcrs€ of.ct!in.d thrr.uodEr, sndnlylsolr i srrnr.nrs io.r.cur.d by sny $uch Anomdy.in-tlcr rh{llb! brndin8 upon }r. Cumprny., if aipcd by thc Prcsidcnl snd scilcd ond cfet.d by rhc Cblpomro S..E .ry. 8e lt Reolt d, thrt fi. rign.tuE of .ny auforiz.d oficcr snd s4l of ttlc Conrprny hcretofor or h.llrll.r aftx.8 to rn, !ow.r of .$d'tcy o. any ccrllfcltc rclating lhcrero by ficiimil€, snd ony powcr ol raomcy or c.nificrtc b..rin8 fn.simil. si8..nrc or facaimlb 6l .hrll b. wliJ snd b,ndin8 upon rhc Co,np&y wilh r.lpccl to otry bond or und.rt.knts ro which n is atlal,hcd IN WITNESS WHEREOI, The Courpnnies have caused this instrumenl to be signed and lheir corporite seals to be hereto affixed, this lst day of Docembe(, l0l4 AvsRrcAN CoNTRAcroas INDirMNrry CoMpANY U.S. SpEctALTy INsuRANC! ComPANY Corporate Scals Drnicl P. Aguil.r icc l're nl nollnf PUblic olhcr llr compl rn8 th ertr licatc ller only hc lr ofthc indiv,(lual hc which h Jtl!chcd,rnd lhc lrurhful vulidi ol thal WITNESS my h6nd and official seal St6l. oICalifomrl County ofl-os AnScles SS: On ihis lsr dey ot Dlcrnb.r. 2014, bcfor. mc, M&rit C. Rodrigu@-Won8, u nolsry pubhc, person.Uy rppcarrd D.n P. A8uillr, Vic. PrEsidDnt ol An.rican Cor*nctors ln&oaity Crmp.ny lnd U.S,Jpddry lr$rasc! Cornpsny who provcd to mc o'| lrla bttis of sidrfrdory cvidlncc lo b. thc lrrson \xho$ nrmc i! rubserik lo th. within instrumeEdd ehroLldEl -la!q]$6t hc cxccul.d th. rlnr in his firlhoaz.d caprcily, snd thst by his si8n.tlre on th. ins(tumdrt r hc Dcrlon. or r hc cntity upon bchlfiofih4f ihc _pcron rcicd, crcculed lhc illllrumcnt I ccnify undcr P FiN A LTY Ol' PERJURY undir th€ hws o f rhc Slarc of Ca lifom i0 that rhc forcgoing parogtlph ls tru. snd conE t. SrEnanrrc ( Sc$l) l-----4^^I jtx rlRn c. Rooitcrjtl.wotG l i.W,'Hffiffii I, Kio Lo, Assistant Sccrctdry ofAm.nc&n Conr.acrors Indemnity Comprny and U.S. Spccrllly Insurancc Company, do hcrcby ccrtity lhal th. abovc and foregoing is a tnle snd concct copy of a Power of Attomey, ixecutcd by srid Compunics, which is slill in full lorcc and ctrecl; furlhcrmore, thc rcsolulions oftho Bosrds ofDircclors, lcl oul in lhe Powar ofAttorney rre in full fotcr and cffccl. Wirness Wtereoll I hove hcreunto -r)drarviDe( 'rolt,sct my hand and flIlixed thc \aili ot stid Ccmp.rnles at l-os Angetes, califomia this 6+b arvln L orporate Seals e*ar.ro. lQ0OJ99&19 "r1ilir"diz"i- 9i', 'a\ - 'dls"""+i*sf.s !t Kio Lo, Asskt.nt SccrctorY Agc[cy No 90t(i To inquire aboollhis bond pleu,r- writo lu uaat surety-bond-lnquiry@hcc coor Dollsrs ($ "75,000,000.00+" ) By, rigncd cerlilicaLe Jocumanl. A notary public or other otlicer completing this certificate verified only the identity of the individual who signed the document to which this certificate is attached. and not lhe truthfulness, accuracy, or validity of that document. STATE OF CALIFORNI,A CoUNTy oF OUtttrga, ) ) ) ss. on -Tla<.e-rnhrr \4 .2016, before me, -, Notary Public, personally appeared . who proved to me on the basis of satisfactory evidcnce to be the person\slwhosc namd(c{ @are subscribed to the within instsument and acknowledged to me that(E/sheltrerlexecuted the salle ln WllNtSS my haad ard official scal. n (D/herl{Eiaulhorized capacitylicr) ana tUt ty tptrnttr+ siguatureQn the instrument tbe person\ or the entity upotr bchalf of which the person\cted. executed the instrudlent. I certi$ under PLNAITY OF PERJURY under the laws of thc Stare of Califomia that the foregoing paragraph is true and correct. etl M€AGAX (NECXI co.r.121l7r99 t&ory tut*C&r- OfA.Oa CoirarrrY al2 NotaryCt.r-t( lt lt r.t