Sutter Mitland 01, LLC Material and Labor Bond PM36485-8 TM5207443MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Seclion 66499.1)
FOR: Streets / Drainage $1.268.00 Parcel Map 36485-8
Water System $ 252.750.00 Other Proi. Ref
Bond No. fM52O744300Rec. Water $
Sewer System $Premium $9.9'l8.00208.500 00
The Guarantee Comoanv of North Ameri ca USA
One Town Square, Suite 1470
City/State Southfield, Ml
Sutter itland 01 , LLC
3200 Park Center Dr.. Suite 1000
/State Costa Mesa, CA
Surety
Address
Principal
Address
City
Zip code 48076 zip 92626
WHEREAS, the City of Menifee, State of California, and Sutter ilitland 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 3il85{, 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 Title 15 (commencing with Section 3082) of Part 4 of Division
3 of the Civil Code of the State of California;
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'l-ille 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.
9i8lt5
Total $ 1,740,000.00
Phone (24A\ 2A1-O2A1 Phone (714) 200-1533
NOW, THEREFORE, said principal and The Guarantee ComDanY 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 Fortv Thousand --------{0/100 Dollars,
S'1.740.000.00 for materials furnished or labor thereon of any kind, or for amounts due under the
Unemployment lnsurance Act 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 judgment
therein rendered.
MATERIAL AND LABOR BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or additaon 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 ofthe
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 February 28th, 2018.
NAME OF PRINCIPAL Sutter Mitland 01 LLC
AUTHORIZED SIGNATURE(S)
By:
Name: David E. Bartlett
Title: Vice President
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: The Guarantee Company of North America USA
AUTHORIZED SIGNATURE
ttorney-Ti e
Richard L land, Attorney-ln-Fact.
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGTENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN-
FACT.
9,',8/ l5
@q,l tL-\_-
A notary public or other omcer completing
this certificate verified only the identity of
the individual who signed the document to
which this certihcate is attached, and not the
truthfulness, accuracy, or validity of that
document.
STATE OF CAIII]ORNIA
SS.
COt ]NTY OF 0
On \4 2018, before me,tu
-
Notary Public, personally appeared -*ttrld
who proved to me on the basis of satisfactory evidence to be the person(slwhose name(r)-
is,h*q subscribed to the within instrument and acknowledged to me that he/sle$q/executed the same ln
his{rc*llieir authorized capacity(iee) and that by hisnrr'Soir signature(s}on the instrument the person(s).
or the entity upon behalf of which the person(*|actd executed the instument.
I certi! u::der PENALTY OF PERJURY under the laws of the State of Califomia that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal
)
)
MEAGA}I XNEC}IT
coa1,t.12117799ld, h&a.foltaoi rrcE coinaTY
C6rr
nlo N
are
aito
Now ALL BY THESE PRESENTS: That THE GUARAI{TEE colrPAnY OF ORTH ArlERlcA USA, a corporation organized and existing under th6Ia,/'/s of tho state of Mlchlgan, havtng ib principat otfico in southfietd, Mtchigan. doss hereby constitut€ and appoint
- kene LcBlanc, Th.r€sa H6db€rg, Dina tunero-Ellss, Rlchad Lon9land, Paul Hollinoyvo.th. Yv6s Bcit6rd, B€ndl ph6nix, Natha[o Saruc5dter,Cheryl B€sl_Popc. Oga lenklns, Dan Flelch6r. MicholBourqu€, Frangols Forg6t, St6v€ Reos;Ndson d€ Qdntat, panEts MarUn,'Scan O€akin, Dam Hamn|ond,chorsca Fish, Gr6e Forsythe, Ko.6y Perit. Marys€ HSad[IlL,HL?ilf Jffi;lrj KGchnrc. Hcidr Mc moyto, r'homas Mareo. MenE suaroz
its true and lavriJl attom€y(s)'in{act to exeqrte. seal and deliverfor aod on lls bohalf as surety, any and a[ bonds and undertakings. contracb of indomnityand other'.,ritings obllgatory in the nalu.e thereol ,,rtrich aro ormay be a o,.,ied. requked or permitted by law, statute, rule, regutation, contract or olherwise.
The exe@$on of such instnment(s) in pursuance of these prosenb. stEll be as birtirE upon THE GUARAT{TEE CO pANy oF i{ORTH AfERtcA USAas_tully and amply, to all intents ard purposes, as if th6 same had been duly €xecuted and acknowtedged by its regutariy elecled offcers at the princlpatoftice.
The Pow€r of Attom€y ls exeqled ard may-be_q{lgd "g,,q4 qqy !e revok€d. pursoant to ard by authorig of Anjde tX. Section 9.03 of the By-Lav6adopted by the Board of oirectoc ot THE GUARAI{TEE COUPAI{Y OF NORTH AIERICA USA ai a meeting hetd on th6 31r day of D,ecernbe; 2003.The Presid€nt, or any Mce Pr6u€nt. actng wilh any Sesela,y or Agslstant S€crotary, shall have po,r,er and authority:
1 . To appoint Atlomey(s)-ln-facf. and to auhoriz€ thqn lo exaqJta on behalf of the Co.npany. and attach the Seal of th€ Company thereto. bords andundertaklngs. contracts of indernnity and olher rvrltrEs obligEtory ln $s natur€ thereot and2. To revoke, at any time, any such Attomey-in-fac{ ald revd(g the autDrity given, except as provided below3. ln conn€ction with obllgatons in favor of the Florida O€partnent o, Transportation only. it is ag.eed that the poM€r and authority hereby givsn to theAttom€y-in-Fact includ€s any and all conseols for he releas€ ot retained percanlagG and/or frnal estimates on engineering and consbudio; cont-actsr€quired by the State ot Florida Oeparfnent of Transpo.tation. lt is fu y undorstood flat consentng to the State ot Ftorida Departmont of Transportation
making payment ot th€ fnal estlmale to fle Contractor and/or ils asslgne€. shall not r€lleve this surety company of any of lts obligations undorjb bond.4. ln connecdon with obllgatlons In favor ol th6 Kentucky Departneot of Highviays only, it is agreed that the power and authority hor€by given to theAtlomeyln-Fact cannot be modifi€d or revoked unless p.ior written p€rsonal nouce of such intent has besn given to tho Commissloner - Department
of Highways of the CommonwBalth ot Kentucky at least thirty (30) days prior to the modificaton or rewcadon.
Further, this Pov/€r of Attomey is signed and sealed by facsimilo pursuant to resolution of the Eoard of Oirectors of lh€ Company adopled al a me€tingduly called and held on the 6th day ol Decernber 201 1. of wtrich tho follorring is a true €xcsrpt:
RESOLVEo thal fle signature of any authorized officer ard he seal of th€ Company may be affxed by facsimile to any Potler of Attomcy or certificalionther€of autiorizlng the exeqJdon and delivery of any bood. undedaking. contracts of andsnnity and other witings obtigatory in tho natLtro thereot and
such slgnature and seal when so used shall have tho same for@ and etr€ct as though manrE y affxed.
Illt The Guarantee Company of North America USA
Southfield, MichiganGUARANTEE'
POWER OF ATTORNEY
THE GUARAXTEE COIIIPANY OF NORTH AflERICA USA
ffi/lrlU,^---''
STATE OF I{ICHIGAN
County ot Oakland
Stephon C. Ruschak. President & Chie, Op€rating Ofiicer dall man, Secrstary
On lhis 2nd day of Octob6., 201 5 before m€ came the individuals \^ho exocuted the pr6c€ding instrument, to me personally known, and b6ing by ma duly
s,,!rom, said that 6ach ls ths herein described and authorizsd office. of Th6 Guarantee Company of North America USA; that the seal affixed to saidinslrument is the Corporalo Seal of said C,ompany; that the Corporate S6aland each signature \a/ere duly affxed by orderot the Board of Oirectors ofsaid
company.
"..:.'*.'..i"-"f, Christine Lynn Ka.ow lN WITNESS WHEREOF. I have hereunlo sot my hand al Th€ Guarantoe
=.j,*
l"''.;i.,i.. Notaty Publh, State ol Mtchlgan Company ol North Americ€ USA ofllcos tho day and year above ttfitten.
'-l -.- ii: County ol Oakland ,;"+,^".. . ..+j w co,,,,tsstoo El+i#t:. on,-^Thi"iik'''o" Ae- X,/r^4^^^,
l, Randlli Musselman, Secrebry of THE GUARANTEE CO PANY OF NORTH AIIERICA USA do hereby certity ttEt lhe abov€ and forogoing is a bueand corroct copy ot a Pov,er ot Atbmey executed by THE GUARAT{TEE COmPANY Of iIORTH A ERICA USA, whlch is still in full force and efioct.
lN Wm{ESS WHEREOF. I have [t€ outo sot my hand alld atacfi€d tlo seal of said Co.npaoy dtr,tS
ndall , Secrotary
)o
lN WITNESS WHEREOF, THE GUAR IEE CflPAllY OF NORTH AIERICA USA has caused tltis instrum€nt to be signod and
its corpor-at€ sgal to be afixed by its autrprtz€d ofic€r. this 2d day oI Oclob€r, 2015.
THE GUARANTEE COMPANY OF NORTH AMERICA USA
Eome Olfice, Southrted, Michigdn
S TATVIO RY EAIANCE S EEET' December 31,2016
ASSETS
Cash and Short-Term Invesbnetrls
Marketable Securities
Prenium atrd Agenb Balances (under 90 days)
Reinsurance Receivable on paid losses
Accrued Interest and Dividends
Other Assets
Total Admitted Asseb
LIABILITIES
Resewe for losses and Loss AdjuShent Expenses
Unearned Premftrm Rcserve
AcquedFvl'erues
C,eded Reinsuralce Premiums Payable
Taxes, Licenses and Iees Payalle
Federal Income Tax Payable
Net Deferred Tax Liability
Frmds Held
Otier Liabilities
Total Liabilities
CoEmoo Stock atrd Paid-In Capital
Surplus
Total Policyholders' Surplus
Tota.l Liabilities, Capital aad Surplus
Statc of[fichis3tr
Coudy ofOaklaod
Srephe! C. RLsclrt bcitrg ctuly swom, says: ThEt hc is ttrc Pr.sidrot & COO ofThc Guarantcc Compatry ofNorth
AErrica USA tlrl said coEl,atry is a co4,ordion duly organiad, cxisting atrd eogagcd itr blsitrcss as a srcty by
virtue ofthc lavs oflhc St la ofl!{icli8aa and has duly cooptitd with all thc r.quiEd.ots of6c Is\rB ofsaid strte
a?pticablc to said cDEpatry a[d is duly qualificd to act as surcty lrad.( srch laws; tbsf said cDmpany has a]so coEplicd
wilh ald is dtny qualificdlo act as surrty undcrttc Act ofcongrtss ofJuly 3Q 1947, as acadcd (6 U.S.C- Gl3I that
&e forcgoitrg is a full tuc aEd cor! d statdn ot oft[e fozncial ondition ofsaid conpaay oo ho 3 1r day of
Dc€eEbcr 2016.
$ s6296,670
152,724,094
3,793J52
3,671,820
|,126293
220.5tt
$2t7,833,140
s 17-2:19.006
$144,020,9'10
36^533.164
$180.5s4.134
$217,833,140
$ 8,79s,674
16,585,684
2,658,127
3280,155
17s371
s72,565
1,746,s22
3,409,090
55.816
,Hu4. G. /;fr,^-
clnthla A-uql
Ndary Publb, Stdo of Michlgan
Couffy of Oakbnd
JVy Comnlsslon *p{lEs F6bru uy tl,2O1A' Aclino in O6klEnd County
N c,
otaty I
Strphea C- Ruscbsl(, Pr6idcd & COO
CAPTTAI, ANI) SURPI,US
SvorE to bcforc oc lhis 3rd day ofMarch 2017-