Watt Communities at Mosaic, LLC Faithful Performance Bond TM28206-1,-2,-3 K08908825FAITHFUL PERFORMANCE BOND
CIry OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
FOR: Skeets and Drainage $790.500.00 TracuParcel:Map:Miscoflan€oer caso 4061 (forrracb 28206-1 -2-3
Water System
Sewer System
$AA 000.00 Bond No. K0890882s
$o Premium $ 15,810.00
Surety Westchesler Fire lnsurance company
Address 701 Plke Street, Suite #1625
City/State seattle,Wlr
zip 66619 96101
Phone 206-276-5144 Phone: (310) 314-2460
WHEREAS, the City of Menifee, State oI California, and Watt Communjtiqs at Mosaic, LLC
(hereinafter designated as "principal") have entered into, or are about to enter into, the
atlached agreement(s) lvhereby principal agrees to install and complele the above designated
public improvemenls relating to Miscellaneous Case 4061 (for Tracts 28206 ,-1,-2.-3
, which agreenrent(s) is/are hereby referred to and made a part hereof; and,
WHEREAS, said principal is required under the terms of sald agreement(s) to furnlsh bond(s)
for the faithful performanco of said agreement(s);
NOW, THEREFORE, we the princip al and Westchester Fire lnsurance Company
surety, are held and firmly bound unto the City of Menifee in the pe nal surn of Eiqht Hundred
Fourty-Five Tlrousand Five Hundred and no/i00-.Dollars, $845i59!0!_: laurful money of the
United States, for the payment of which sum will and truly be made, we bind ourselves, our
heirs, successors, executors and adminrstrators, jointly and severally, fimly by these
presents,
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 ablde by, and
well and.truly keep and perform the covenants, conditions and provisions in the sald
agreement and any alteratjon thereof made as therein provided, on his or their part, to be kcpt
and performed at tha time and in the manner therein specified, and in all respects according
to their true intent and meaning, and shall indemnify and save harmless lhe City of Menifee,
its officers, agents and employees, as therein stipulated, then this obligation shall become nult
and void; otheruise, 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, including
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.
AS
Principal: Watt Communities at Mosaic. LLC
Address: 2716 Oceqn Park Blvd., Suitc 2025*_
City/Statei Sanla Monica. CA
Zip: 90405- -
FAITH FUL PERFORMANCE BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of this agreement or to th€ work to be performed there under or the
specifications accompanying the same shall in an)A^/ise affoct its obligation on this bond. and
it does hereby waive nolic€ of any such change, extension of time, alteration or addition.
Surely further stipulates and agrees that the provisions of Seclion 2845 of the Civil Code and
commencement of construclion are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
When the work covered by the agreement is complete, the Clty of Menifee will accept the
work and thereupon, the amount of the obllgation of this bond is reduced by 90% with the
remaining 10% held as security for the one-year maintenance perlod provided for in the
agreements(s).
IN WITNESS WH
above named, on
EREOF, this instrument has been duly executed bythe principal and surety
August 20 ZO13
NA[/E OF pRlNClpAL Wat Communiries ar Mosajc, LLC
AUTHORTZED SIGNATURE(S):
By:
Name:F c'.(
Titlei vic. Pruil,rf
(lF coRPoRAT|ON, AFF|X SEAL)
NAME OF SURETY:!Vestchesler a lnsurance Co pilny
AUTHORIZED SIGNATURE:
Attorney-in-F ct Title
Nalalie K Trolimoff
(tF coRPoRAT|ON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMEHT clvtlcooEgttag
State of Calirornia
rJi )County of
onS
.()
belore me,trl Li /< ; E-f llt ;) ar A re.y fr., d "tBol! ln3on Nam..n ntt! ct tt! Oiie/
personaly appeared /1t A y I--tnx\r
MUBIEL M PAOUIN
Commlsrlon * 1945307
Notary Pobllc' Crlllornla
Los An93l8s County
comm. E Jul 24. ?015
Pla6 Nor.ry Soal Abov€
WITNESS hand and official s6al.
who proved to me on the basis of satisfactory
evidonce to be the porson(Al whose name@ is/ara.
subscribed to the wilhin lnstrumenl and acknowlEdgedto me that he/shD/tl@y. executed the same inhis,tr#th6f- authorized capacity(ig6), and that byh;s/itsdt#ir signatureeD- on the instrument th;person$, or the ontlty upon behalf of which theperson6) act6d, executsd th€ inslrumont.
I certily under PENALTY OF PERJURY under thelaws of the State ot Calitornia that the toregoingparagraph is true and conecl.
Signalure:h
Si0nar!,o ot Nora,y PvblcOPTIONAL
Though the inlo.mation below ls hot rc .qui,d by.law,.lt may prcve veluabl| to percons retytng on th6 cloqnngntancl could ptqvonl haudulont @moval and rcalachment ol thts lod b dnotAer diunent.Descrlption of Attached Document
Tltls ot Type of Document:
Document Dat€:Number ot Pagss:
Signer(s) Othor Than Named Abov6
Capaclty(ies) Claimed by Signe(s)
Signer's Name Signsr's Nams:tr Corporate Ofiicer - TI e{s)
D lndividual
O CorpoIate Ofticer - Ti e(s)
tr lndivldualE Partnor - C Umtted fi Gonaral
O Attorney in Fact
El Truslee
{l Guardian or Conservalor
t-l Oiher;
S gner ls Represen(inql
tr Partner - tl Llmlted D Generat
tr Atlorney in Fact
D Trusleo
C Guardian or ConseNator
C Other:
Signer ls R€presentlngr _-
nlGHI ItNlEPEffTOF SIGNEI INT
OF SIGNER
FrcBf THUf:l
o 2or! Nanona Nolary Assclaro ' llalo.ro.lot y.d9 . I.Ooo-US NOTABY {! €Oa!a76.!EZ7)
?a ariu\,
CALIFORNIA ALL-PURPOSE ACKNOWLEOGMENT
County of Los Ano eles
On AUG 2 0 2013 before me, B. Wonq. Notarv pubtic
personally appeared,Natalie K. Trofimoff
who proved to me on the basis of satisfactory evidence to be the person whose name issubscribed to the wlthin instrument and acknowledged to me that she executed the same inher authorized capacity, and that by her signature on the instrun,ent the person, or the entityupon behalf of which the person acted, executed the instrument.
I certify under PENALTY OF PERJ U
paragraph is true and correct.
RY under lhe laws of the State of California that the foregotng
WITN S my hand and official seal
B, WOI,IG
Commlcrlon * 1910243
Nohry Publlc - CNllforllr
Lor Ane6lrs County
Comm, E r!s ocl 2011
SIGNA OF NOTARY
Notary Public Seal
PTIONAL-
Thoogh lhs dota belov/ is not requted by law, it nray prove vatuable to persons relylng on tho doclment and could prevent kssddenl reaitachment ot thls folm
DESCRIPTION OF ATTACHED DOCUMENT:
TITLE OR TYPE OF DOCUMENT:
NUMBER OF PAGES;DOCUMENT DATE:
cApActTY(tEs) cLATMED By SIGNER(S)
Signer's Name;
INDIVIOUAL
ORPOR}.TE OFF CERT,th(s)--Ti e(
E penrNrn(slt] umreo GENERAL I eaarneRlslI lrrtrrreo
ATTORNEY.IN.FACT
TRUSTEE(S)
GUARDIAN/CONSERVATOR
GENERAL
E A1TORNEY.IN.FACT
TRUSTEE(S)
!
tr
GUARDIANiCONSERVATOR
OTTIER:! OIHER
Signer Is rBprBsentinq:
NAME OF PERSON{S) OR ENTTW(IESI
Signer h reprosontlng:
NA\ilEoF PERSON{S) OR ENT IY(ES)
State of California
Signer's Name---
!norvrourr-
flconeonere orrrceR
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Power t{ wt.;sl ctu,rsr.tirr l,lnla tN)^un.\Nctj collt,an-i
Allor't,cy :,.t' '\ .i: ,.,
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