KB Home Coastal, Inc. Material and Labor Bond 30142-1 0151423NIF
Saclhone litr.et Plan-Phose 1 Evrns Rd
p,rrlr,ah ol aiarba RdFOR: Streets and Drainage
Water System
Sewer System
Surety ger*ley Rcoon.rl lnsu.ncc Conrpany
AddfeSS 505 H BraM Brvd . sule lo4o
MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
fGovernment Code Section 66499.1 )
TracUParcel h/ap 3014:'1 Backboic
Bond No.
Premium
$
$
$
,l':)!l
Principal
Address
lncldad rn th. Fsilhfd Pcrformanc. Bood
.5310 lrland Valay Dnr'c
City/State Gbnrlatc cA City/State J.'ilclomar CA
zip 91:03 Zip 92515
Phone sra-ssc'rlo;Phone e5r-69r-5215
WHEREAS, the City of Menifee, Slate of California, and KB HOME Coasrallnc
(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 designaledpublrc imp,rovements relating to (TracUParcei) rr 3011:-1 eackulin., which agreement(s) is/are
hereby refened to and made a part hereof; and,
wHEREAS, under the terns of said agreement, principal is required, before entering upon theperformance of the work, to file a good and sufficient payment bond with the city oiMenifee
to secure the claims to which reference is made in Title 15 (commencing with section 3082)of Part 4 of Division 3 of the Civil Code of the State of California;
NOW, THEREFORE, said principal and the undersigned, as corporate surety, are held firmty
unto lhe city of Menifee and all contractors, subcontractors, laborers, material persons and
other persons employed in the performance of said Civil Code in the sum of E,ehr HLn.i.n Frrrv
Tfu.. Thousaod and No/100 Dollars ($ 8.3,:,,:,o.no ) for materials furnished or labor thereon of
any kind, or for amounts due under the Unemployment Insurance Act with respect to such
work or labor, that said surety will pay the same in an amount nol exceeding the amounl
hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to
the face amount ther6of, costs and reasonable expenses and fees, including reasonable
attorney's fees, incurred by the City in successfully enforcing such obligation, to be awarded
and fixed by the court, and to be taxed as costs and to be included in the judgement therein
rendered.
It is hereby expressly stipulated and agreed upon that this bond shall inure to the benefit ot
any and all persons, companies and corporalions entitles to full claims under Title 15
(commencing with Section 3082) of Parl4 ot Division 3 of the Civjl Code, so as to give a right
of action to them or their assigns in any suit brought upon this bond,
Should the condition of this bond be fully performed, then this obligation shall become null
and void: othenvise, it shall be and remain in full force and effect.
MATERIAL AND LABOR BOND
The surety hereby stipulates and agrees that no change, extension of time, alleration or
addition to the terms of this agreement or to 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 are not a condition 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 Augr$1 6 :,:r 1,1
NAME OF PRINCIPAL: xB HCrnE co.ltarrnc
AUTHORIZED SIGNATURE(S):
By:
e tttctt4C L A.
IlP LAPD !- FO
& ttl A,v',Ttu'
lltle:LuALb ?c
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY EartLy Rlgorlol lnsurtrcG C
AUTHORIZED SIGNATURE:
Attorney-in-Fact Title
BrcNla Wong A(orr€y-DFacl
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
\.
CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT
State of California
County of Ri de
I certify under PENALTY OF PERJURY under the laws of the State of
California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
On Auqust 10. 2010 before me, Richard R. Keller, Notary public,
personally appeared Michael H. Freeman. Jr., who proved to me on the
basis of satisfactory evidence to be the person(s) whose name(s) is/a+e
subscribed to the within instrument and acknowledged to me that
he/sheAhey executed the same in his/heCtheir authorized capacity(ies),
and that by his/heCthei+ signature(s) on the instrument the person(e), orthe entity upon behalf of which the person(s) acted, executed the
instrument.
6ffi'.lln?' r,
RIC}IAJiD R, XEUER
Comnl*lox # l7l9li3
Nolor,|l Puf, : - Co,ilojrlo
y Cotn
(SEAL)
/./^- I L //tt_
Richard R. Keller
State of California
County of Los Angeles
On Auqust 6. 2010 before me , Tracv Aston, Notary Public, personally
appeared Brenda Wonq, 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/ttrey executed the same in his/her/th€+r 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 State of
California that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
#iP,ACY ASION
Comfirtsiion t 1r39959
[or A.Oeles Couhly
Mrccrrr! Epr6 ,!by I 5. 201 I
Nolory Publrc' Col,lornio t)al
CALI FORN IA ALL.PURPOSE ACKNOWLEDGM ENT
;/a&
Tracy Aston
\o.7951
PO\\'l,li Ol ,\ I I()R\l:\'llllRKl.ltI RfGto\.\t. l\st R.\i\( t: ( ()llp,\\\
\\'ll \ \( it ( )\ I)t I \\\.\t
l\ \\'l lNISS \\'lll:RljOtr. lhc Conrprnv hrs causcd tht'sc prcscn
(,)rprnJtc \cJl hcrcu trr allircJ thrs /,, dc1 of : . _t_ .
\o ll( l Ihc ulrntn! lbund clsc[hcrc ln thrs Pot\cr ol A[ome! a[li.cts thc ralrdrty thcrcot. I)lc.rsc rcrrcw carctullv.
K\()\\ .\l I \ll \ lJ\ IIIl,St: l,Rl Sl:\1S. th,lr ULltKt t:\' Rt:( jt()\.\l I\St Rr\\(t, (()\tp:\\\ 1hc..(i,nrpnny,,). ir
lrrs nutle. ;otrsltlttlcJ .rncl appotntcrl. und doc5 b) thas( prc5cnti nrukc. constrlrrtc i!l(l rppornl Thomus S. Branigan .4shraf
l..lmut4, Bruulo lt'o,tg, tlai o B. Tapio, Edwui L, Spcc'tor, Noanti Quiro: or liitnone,Gohard of..lon Ri\k l,tsuratue.li'rvri'r's ll r'sl, lnt- of Lor .lngdes, Cl its truc and la$tul Attomcy-in-tracl. kr srgn rts namc as sLrrctv only ,rs dclrncated bclow.rntl lo clcuulc. su.rl. ucknos lcdgc and dehrcr rn) anJ all bonds an.l untlcnakingr. \rrth thc e\ccption ol |inanctal Cuaratrt).
lnsufunce. prortdtng thal nr) srngl('oblrgatron shall excccd t'iftt'llillion aod 00/100 Dolhrs (550.000.000.00). to thc same extent
us il' such bonds had bccn duly executed and rcknowledgcd b)' rhe rcgularly clcctcd officcrs of thc Company al its prrncipal offrce
rn therr onn proper pcrsons.
l his Po\rer of Attomcy shall be consrrued and cnforced in accordance with. and govemcd by, the laws ol the State of Delaware,
\\ rthout Eiving cffcct to thc principles of coo{licts of laus thercof. This Powcr of Attomey is grantcd pusuant to the following
rcsolulions u'hich *crc duly and valrdll adopted rt a me!'trng ofthe Board of Drrectors of lhe Company hcld on .{ugust 2 l, 2000:
-RuSOl,vED, that the proper ollcers of the Conpany arc hereby authorizcd to erccute powcrs ol attomcy authonzing andqurltl\,tng lhc !nomcv-rn-fact named therein to execute bonds, undenakingi. recognizances. or orher suretyship obligations
on bchalf of the C ompany. and to affix thc corporate seal of lhc Company to pou'ers of atromey cxecutcd pursuant hereto;
and funhcr
RESOI,I'ED. tlut such po*'c'r of attorne)' limrts the act! of those namcd thr.rcrn to the bonds, undenakings, recognuances.
or othcr sur.tvship obligatrons spccrlicalh named (hcrcin, and thc) havc no aulhonl) to bind thc ('ompanv exccpr rn the
nunncr and to thc cr.ten( therein slated: and further
Rt)SOl,\'Et. lhitl such pos'cr of attome)' rerokcs all prcvious porrcrs issucJ on bchall of Ihc arromc!:Il-lact named; and
turthcr
RESOI-\'ED. thot the srgnature of any authonzed oftlccr irrd the scal of thc ( ompuny rnay bc alllxcd b], lacsimilc to any
Por!'qr of attonrcy or ccrtitication thcrcof authoriztng thc exccution and dchvery of any bond, undenakrng, rccognrzance, or
olhcr surc(\ship obligation ollhe Company; and such signature and seirl $h!'n so usecl shrll havc the samc li)rcc rnd effect as
lhouth ntanualll'aflixcd. lhe Companl'may conlinue lo use for thc purposes hcrcrn statcd thc facsimilc signaturc ofany
pcrst)n or pcrlons rvho shall have been such ofllccr or ollicers of thc ('ompany, notwithstanding thc t'irct lhat they may have
ceuscd tu be such at the linrc u'hen such instruments shall be issurld."
Allcr'l
lJ,.lS(ill)
lra S. l-cderman
Senior Vice President & Sccretarl
ts to bc srgncd and alcsted by rts appropnatc olliccrs and its
2010./-,
Bc.lxlcy Rcffil lnsuqnuc ( irnrpurrl
tlv
Robcn P. ('olc
Senior Vrcc Prcsidenl
I/'
\\'AR\l\(;: l'lllS P()\1'UR I\\'AI-lD Il'\O-I PRI\11:l) Oli Bl.t U -BURKl.lll'' sl.('t'Rll t PAPI.jR
s't AI E ()[ ( O\\t:( Tl( 1.1 )
) ss:( ()l \'r'l ot l,\tRFIul.D )
s\orn k) hcli)rL nr. il \ot!r\ Public tn thc Stqte o[Conncclrcut. thts
S l-cdcrnun lhrr arc suorn to nre to bc thc S!'ntor Vice Prt'srdent.
Ik.rlr..r Rcr-,ron.rl lnJurJn(c ( otnpJn)..
i ? da1'ol'
and the Scnror Vrcc Prcsr
r.1010. bv Robcn P. ('olc'and lra
/"nt und s"',rr",rr1'. rcspr:ctrrely. of
Notarr PubLc. Statc of (irnnccticut
CERTII'ICATE
I, thc urulcrsrgnetl. Assistanr Secretary of BERI(LEY REGIONAL INSURAN( E COIIPAN\'. DO HERhBY CER.I lF'Y thar the
lbrcgoing rs a truc, correcl and complcte copy o[ thc original Power of Attomc]: that sard Po\r er ol Attomey has not beeo revoked
or rcsetndcr.l and lhat lhc authorit,' of the Anomcy-il-Frll ser forth thcrcin, \rho cxccutcd rhc bond or undcnaking to which thrs
Po'!ler or Attom.,v ili lliTi*'#'?iif;rn*#;;llnll'no *'L, ", nue . 6 ]!t!
./1 ('., -(-r\cJlr
Slc\'an ( i)\\ rr(i