Sutter Mitland 01, LLC Material and Labor Bond 36485-7 TM5207442FOR: Streets / Drainage $r,zoc.
MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
Parcel Map 36485-700
Water System
Rec. Water
Sewer System
Total
$253 750.00 Other Proj. Ref.
Bond No. TM$
$
$
4 250 0 442
210 5
1,733,500.00
The Guarantee Comoan of North America USA
One Town Souare. Suite 1470
City/State Southfield. Ml
Sutter Mitland 01 . LLC
3200 Park Center Dr.. Suite'1000
City/State Costa Mesa. CA
Premium s9 881.00
Surety
Address
Principal
Address
48076 zip 92626Zip code
Phone (248\ 281-0281 Phone (714) 200-1533
WHEREAS, the City of Menifee, State of California, and Sufter Mitland 01, 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
TR 35485-7 , which agreement(s) is/are hereby referred to and made a part hereof; and,
WHEREAS, under the terms of said agreement, principal is required, before entering upon the
performance of the work, to file a good and sufficient payment bond with the City of Menifee to secure
the claims to which reference is made in Trtle l5 (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 Guarantee Companv of North America USA, the
undersigned, as corporate surety, are held firmly unto the 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 One Million Seven Hundred Thirtv-Three Thousand Five Hundred ---
----------00/100 Dollars $1,733 500.00 for materials furnished or labor thereon of any kind, or for
amounts due under the Unemployment lnsurance Acl with respect to such work or labor, that said
surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in
case suit is brought upon this bond, will pay, in addition to the face amount thereof, 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 ludgment therein rendered.
It is hereby expressly stipulated and agreed upon that this bond shall inure to the benefit of any and all
persons, companies and corporations entitles to full claims under Title 15 (commencing with Section
3082) of Part 4 of Division 3 of the Civil 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;
otherwise, it shall be and remain in full force and effect.
9r8/ l5
MATERIAL AN D LABOR BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to theterms of this agreement or to the specifications accompanying lhe same sfral ln anywise-#ea itsobligation on this bond, and it does hereby waive notice oiariy such Ghange, exteniion of time,ltqiliol or addition. Surety further stipulates and agrees thai the provisiJns of Section 2845 of theCivil.Code are not a condition precedent to surety's ;bligations hereunder and are neieoy waiveo uysurety.
lN wlrNESS WHEREoE this inshument has been duly executed by the principal and surery abovenamed, on February 28th, 2018.
NAME OF PRINCIPAL:Sutter Mitland 0l LLc
AUTHORIZED SIGNATURE(S):
Q,^(LBy
Name: David E. Bartlett
Title: Mce President
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: The Guarantee Companv of North America USA
AUTHORIZED SIGNATURE
Attorney-in-F ct Tifle
Richard Lo gland, Aft orney-ln-Fact
(tF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN.
FACT.
9/8/ r5
A notary public or olher omcer completing
this certificate verified only the identity of
the individual who sigrred the document to
which this certificate is attached, and not the
trut}fulness, accuracy, or validity of that
document.
STATE OF CAIIFORNIA
COLINTY OF CI'TT,(rAE
SS
On Ml<,lri 2018, before me,
_, Notary Public, personally appeared ui
, who proved to me on the basis of satisfactory evidence to be the person(+)"whose name(*)
is/arg subscribed to tle within hstrument and ack-aowledged to me that he/shslthey/executed the same u:
hisrhe#theiFauthorized capacig(ieslald that by his,/he#+hek signature(slon the instrument the person(s),
or tle entity upon behalf of which the person(slacted, executed the insFument.
I certi.ff under PENALry OF PEzuL'RY under the laws of the State of Califomia tiat the foregoing
paragraph is true ald conect.
WITNESS my hand and official seal-
MEAGAN KNECHTco . 12117799lEr hJe'C.r aofAr€E cot rTY
nlE Notary
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GUARANTEE"The Guarantee Company of North America USA
Southfield, Michigan
POWER OF ATTORNEY
lN WITNESS WHEREOF. THE GUAR IiTEE COirPAllY OF NORTH AiIERICA USA has caused this instrument to be signed andits corporate seal to be afrxed by its autllorized officer, this 2d day of October, 20i5.
rHE GUARANTEE COMPANY OF NORTH AII'ERICA USA
NOw ALL BY THESE PRESENT9: That THE GUARANTEE coilPANY OF N0RTH Af,IERICA UsA, a corporation organized and existing under thela!r6 of tho State of Michlgan, having ils principal ofiice in Southffeld, Mtchlgan, does hor€by consritute anO ippoini- - - '- *'
-. , lrene LeBlanc Ther6sa Hedb€fg. oina arrlarc-Elias, Richad LorEland, Paul Holtngworih. yv€s aoibrd, Benolt phenix, Natha € sanscarter,chery Best_Pop€, olga lankin€, Dan Fl€lch€r. Mlchel Bourque. F€nfris Fo-rge! steve RBs. Netson de oldntst, pari6ta Marun, s6an Deakh. Daoa Hamfiior|d,chelsea Fish, Greg Forsvthe, Kor6v Petlil Maq/se Bcnano. xh'nouertsl oavu ftprpe, BryEn K6chnte, H"iurn"rr..G. ii..j! uir-reo. Ma,ia suarezTh€ Guarante6 Company of Nonh Amcdca USA
its true and lawful attomey(s)"in-fact to execute, sealand deliver for and on its behalfas surety. any and allbonds and undortakings. contracts of indemnityand other writings obligatory in the nature thereor, whici are or may be attov,ed, requtred or pe';inlo uv r"",, iGtri", .i"lr-egii;tion, conrract or othe*iso.
The erecution of such anstrument(s) in pursuanc€ of lhess presents, shall be as bioding upon THE GUARAT{TEE cot pANy oF NoRTH AMERICA USAas-tullv and amply, lo all intents and purposes, as if the same had been duly executo; aM ackno,^,,edged by iG reg;i;rit Jecieo omcers at the principatoffice.
The Power ol Attomey is executed and may-be_cedified so, and may b€ revoked, pursuant to and by authority of Article lx, Section g.03 of ths By-Lav,rsadopted bv the Board of Dir€ctoc of rHE GUARANTEE cflpANi oF NoRTH ;r ERtcA usl iiir""t,ig t ero * diJ ii: oay or oecemoer. zooo.Ths President, or any Vice Presldent, acting with any Secrolary or Assistant secretary, shall hare po'r.,er ana a",rtrorttyr
1. To appoint Attomey(s)-in-facl, and to autttorize th€m to exeqJte on behalf ot u1e Company, and attach th6 Seat ot the Cornpany thereto, bonds and- undertakings, contracts of indemnity and other !fidngs obligatory in trre nature thereofiandz. I o revoke, at any time. any such Attomey-in-fact and aevoks lh6 aulhority given. except as provided below3. ln conneciion with obligatons io favor of the Florida D€partnenl or tranipirtation oniy, tt i; agreed that ule potler and authority hereby given to lheAttomey-in-Fact includes anyand allconsents for the.eleas€ o, retained percentages indor firial esUmates on enqineerinq ind construdtun cont acsrequtsd by the stat€ of Florida Deparlrnent of Transportaton. ltG fully uMerstood-tEt consenting tothe stat€ or rioriai o-epaa-ent of Transportatjonmaking paymentoflh€ finalestimate to the_Contsactor and/or its assign6e, shall not relieve this s,-irety company ot any of isioligations unaerits tono.4. ln connection \'rith obligations in favor of the Kentucky Deparrnent;f Highways only, it is agreed ihat tie p6"*
"'no "rfority tr"r"by given to ttteAttomey-in-Fact cannot be modified or revoked unless prlor wiltefl personat notice oi srctr in-tent tus oeen jiven to tne Commllsioner - 6epartmentof High'.tays of the Commontrcalth of Kentucky at least thi.ty (30) days prior to ths modification or revocatioi.
Furlher, this Power of Attom€y is signed and sealed by facsimile pursuant to resolution of lhe Boa.d of Directo6 of the company adopted at a meetirEduly called and held on the 6th day of Decorrlber 2011, of wfiicfi the fo owing is a true excerpt:
RESOLVED that the signahrre of any authorized.officer and he sealol the comf,any may b6 affixed by facsimite to any pot.,\er of Attomey or certjlicationthereof authorizlng the execulion and deliv€ry of any bond, undBrtaklng, conhacts bf i remnig and ;her writings otiigatory tn tne nature thereof, andsuch signa(ure and seal whon so used shall have tho same forco ard efiect as though manually affxed.
ffirtLC/r^-----
On this 2nd day of October, 2015 before me came the individuals v.fp executed the p.eceding insrument, to ms peEonally known, and being by mo dulyswom. said that each is the herein desqibed and authorized offcer of The Guarantee Company of Norlh America USA; that the seat affixdO to saiitinstrument is th€ Corporate Sealotsaid Company; that the Corporate Sealand each signature were duty afitxed by orde. olthe Board of Directors ol sajdcompany.
STATE OF MICHIGAN
County of Oakland
Stephen C. Ruschak, Presld€nt & Chiof Operating Ofticer man, Secrelary
lN WITNESS WHEREOF, I have hereunto set my hand at The Guarantee
Company ot North America USA offices the day and year above Mriflen.,.."i',\:r,rr
,rr+SS Ah,Xy^-l^r*
l, RanCali Musselma,'i, Secretary of THE GUARANTEE coilPANY OF NORTH AITERICA USA, do hereby certify that the above and foregoang is a trueano corect copy of a Po!ryer of Attomey executed by THE GUARANTEE COITPANY OF NOnfH ameRtCa USA, wtich is stil in tu forciand efiect.
rN lr,/lrNEss WHEREoF. r have tlercunto set mv hand and atrached the sear of said company tYffi.'$)o
Chtistine Lynn Karcw
Nolary Public, Stato of Michigan
County of Oakland
My Com,,,lsslon Expi.es Februory 27, 2027
A.ttng ln OoHond County
all , Sscretary
p8
ASSETS
Cash and Shortjlem Imestmeds
Markstablo Securfies
Premium and AgeG Balances (under 90 days)
Reinsurance Receivable on paid losses
Accrueil Irtersst atrd Dividenils
Other Asseb
Tobl Admitte<t Asseb
LTABILITIES
Reserve for Insses aod Loss Adjustment Expenses
Unearned Premium Reserve
Accrued kpeoses
Ceded ReiusnrancePremiums Payable
Taxes, Lic.enses and Fees Payable
Poderal Inmmo Tax Payable
Net Deftned Tax I inhility
Fuds Eeld
Other I iabililies
Total Liabilities
CAIITAL AND SI]RPLUS
Common Stock al.tl Paid-In Capital
Su4rlus
S!.orI1 to bcfo& oc fiis 3rd day ofMarch 20 17-
StAtco C._BJ$dl'kb.io8 duly swoo, says: Tlat Lc b &c PEsid.lt & COO ofTbiGrara&c CompausrofNorfrA-nrricaUS{ t[rt aid coleaqy is I corpoidill duly or8alizE4 r*ifiry atd cagagcd h bf.iK ; a-suEry tyvirhc ofitohs,! of6c st b of Mchigan, and has duty co,lri.d '"i& all &o Equir&laa 6rti" Iarrs orsaii strrc
'pplicihL ro slid qaly e,d ir {tuIy qu.ritrcd ro ad rs rndy Edc( srt Lws; 6rt saitt coopnT has atso complicttwith ad is duly qurliE {tto sct.s sndy uldcr tic Ad of CotrgrEss of Ilrty 30, 1947, as.Erodcd a6 U-S.C Cl3):6atIto forcgoirs is. ftl, kuc aDd coEict stebdctrtofitcfnmcial cooditiol ofoirt coropaoyoo 6oi p b] of "
Dccc6b..20l6-
$ s6296,670
152J24,094
3,7X,7s2
3,671,820
1,126293. 220j11
$2U,E33,140
$ 8J9s,674
1458s,684
L6s8,rn
3,280,155
17s311
sl\s6s
tJ46522
3J09,090
55.816
$ 37.n9.006
s 1,14,020,970
36.164
$180.554.134
t,ry*,
ffi^* C. 7;e4,-
Gjnthh A.El(al
Nd,ary Rrb[C SId€ ot Mlchhan
Coulty of Chthnd
yry Cdnlre6lon E@tE6 Rbnlery 27, Ar18' A.dng lh Osklad Couniy
/1L-l)
Notary /
Steph.aC. P.lrsrlalc, Pr6id.st & COO
TM, C.AARANTEE COMPANY OF NORTE AMERICA USA
Eome OIfice, Southfizd, Mtuh*Ea
STATWORYBALANCB SEEET' Decetnter jI,2016
Total Poliryholders' Surplus
Total Liabilities, Capital and Sruplus
Statc of lfidigan
Couory ofoatl2nd