KA Menifee, LLC Faithful Performance Bond 333040002-003-004 4467238M FAITHFUL PERFORMANCE BOND
CITY OF IVENIFEE, STATE OF CALIFORNIA
(Government Code Section 66499.1 )
FOR: StreeVDrainage
Dom Wtr
Rec Wtr
Sewer
Total
$
$
4521 Highwoods Pkwy
Glen Allen, VA
23060
333-040-002 003 004
tP21-057
4467238
$ 24,998.00 for a term of
two years. Bond will renew
annually thereafter at half
the premium until released
by the obligee.
Surety
Address
City/ State
Zip code
Phone
Principal
Address
City/State
Zip
Phone
27875 Encanto Drive
Menifee, CA
92586
(800) 431-1270 ext 3858 (858)404-608s
NOW, THEREFORE, we the principa I and Markel lnsurance Company , as surety, are held
and firmly bound unto the City of Menifee in the penal sum of One Million Four Hundred
ix -Six Thousand Five Hundred and 0/100 Dollars 466 500.00 lawful money of the
United States, for the payment of which sum will and truly be made, we bind ourselves, our
heirs, successors, executors and administrators, jointly and severally, firmly by these
presents.
The condition of this obligation is such that if the above bonded principal, his or its heirs,
executors, admrnistrators, 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(s) and any alteration thereof made as therein provided, on his or their part, to be
kept 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 this 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, including
1
$ 1,466,500.00
$ 0.00
0.00
0.00
Parcel
Other Project No.
Bond No-
Premium
$ 1,466,500.00
Markel lnsurance Company KA Menifee, LLC
WHEREAS, the City Council of the City of Menifee, State of California, KA Menifee. 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 333-040-002.003.004, which agreement(s), dated
O\ / lo/ X9 , is/are hereby referred to and made a part hereof; and,
-.ff'
WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s)
for the faithful performance of said agreement(s).
reasonable attorney's fees, incurred by the City of Menifee in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
FAITHFUL PERFORMANCE BOND
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of the agreement(s) or to the work to be performed there under or the
speciflcations 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 to the
terms of the agreement(s) or to the work or to the specifications..
Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and
commencement of constructton are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
When the work covered by the agreement(s) is complete, the City of Menifee will accept the
work and thereupon, the amount of the obligation of this bond is reduced by 90% with the
remaining 10% held as security for the one-year maintenance period provided for in the
agreement(s).
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on January 4 2024
NAME OF PRINCIPAL: KA Menifee, LLC
AUTHORIZED SIGNATURE(S)
B
Name
Title:
A)-<-4r\3t
at1 aJ<-{.
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: Markel lnsurance Company
AUTHORIZED SIGNATURE
M
ArrAcHNorARrALAc**o*.froonJ"=J"],slitTorr*ESoFPRTNcTPALAND
r\Biidlk
:g: SEAI ii.:
z?;;:-.l,Ts
Its Attorney-in-Fact Title
Richard Hallett, Attorney-in-Fact
(IF CORPORATION, AFFIX SEAL)
CALIFORNIA ALL.PURPOSE ACKNOWLEDG]VIENT CIVIL CODE S 1189
A notary public or other officer completing this certificate verifies only the identity o, the individualwho signed the document
to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
County or 3an Q,i e-oa )
State of California
onfanqar, to U
)oAq before me,9.r q^.,4rrn xi[o- , L[.,t-^r.^ q,rL=')Dot"ffi
personally appeared k*-alh l\=si
Name(s) of Signe4s)
who proved to me on the basis of satisfaclory evidence to be the person(s) whose name(s) is/are subscribed
to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their
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 Californla that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal.
ry Public
,l/.Signature
Ploce Notqry Seol ond/or Stomp Above Signo
OPTIONAL
Completing this informotion con deter olterotion of the document or
froudulent reoftochment of this form to on unintended document.
Descrlption of Attached Document
Title or Type of Document:
Document Date:Number of Pages:
Signe(s) Other Than Named Above
Capacity(ies) Claimed by Signer(s)
Signer's Name Signer's Name
tr Corporate Offlcer - Title(s)
D Partner - tr Limited tr General
El lndividual tr Attorney in Fact
tr Trustee tr Guardian ol Conservator
trl Other:
tr Partner - tr Limited Et General
trl lndividual tr Attorney in Fact
trl Trustee tr Guardian of Conservalor
E Other:
Signer is Representing
O2017 National Notary Association
@;r,;[t,'y,;;,,
trl Corporate Officer - Title(s):
Signer is Representing:
ACKNOWLEDGMENT
State of C
County of
alifornia
San Diego
JAN 0 1 2021
before me,Rebekah Eads, Notary Public
(insert name and title of the officer)
personally appeared Richard Hallett
who proved to me on the basls 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/they executed the same in
his/her/their 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.,@
ll8EloH EAosloUryPubd..G forit.in Dtafo Counry
Cofiml$ton, 2.6640!
Co.nfi, apir!. ,,lov r, 2027
;
Signature (Seal)
A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validi of that document
)
On
-I2t""-
JOINT LIMITED POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS: That Sur€Tec lnsurance Company, a Corporation duly orSanired and exininS uflder the laws of the State of Texat and having its
princrpaloffice in the County ofHarris, Texasand Markellnsurance Company(the "Company''), a corporation dulyorgeniz€d and exrstinS underthe lawsofthe state
of tllinois, and havint its principal administrative office in Glen Allen, Vir8inia, does by these presents meke, coistitute and appoinli
Frederick M. Liebel, Elisabeth Georgeson, Lauran M. Graham, Brianna Steverson,
Ray Canto, Richard Hallett, Leona Evangelista, Rebekah Eads
Their true and lawful aSent{s) and attorney(s)-inJact, each in their separate capacily if more th.n one is n.m€d above, to make, execute, sealand delaver for and on
thef own behalf, rndividually ar a surety orjointly, .r co-5ureties, and as their act and deed any and all bonds end other unde(akin8 in turetyship provided, however,
that the p€nalsum ofany one such instrumenl executed hereunder shall not exceed the sum of:
Thirty Million and 00/100 Dollars ($30,000,000.00)
This Power ofAuorney is 8ranted and is siSned and sealed under and by the authority of the followinS Rerolutions adopted by lhe Board of Oirecto.s of SureTet
lnsurance company and Markel lnsurance company:
"RES0LVEO, That the President, anySenaor Vice President, Vic€ Presideht, Assistant Vice Pre5ident, Secretary, Assistant Secretary, Treasurer orAssrstant Trea!urer
and each ofthem her€by is authorized to execute powers of attorney, and such authority (an be €xecuted by ute offacsimile si8nature, which may be attested or
acknowledSed by any officer or attorney, of the company, qualifying the attorney or attorneys named in the Siven power of attorney, to execute rn behalf of, and
acknowledte as th€ act and deed oflhesureTec lniurance companyand Markellnsurance Company, asthecase maybe, allbond undenakinSs and contractsof
suretyship, and to affix the corporate saalthereto,"
SureTec lnsurance Company Ma
n,lrld<SEAL
8y
Michael C. Xeimig, Presiden,
Onthis 27ur dayof Jan,ary , 2023 A.O.,beforeme,aNotaryPublicoftheStateofTexas,inandfortheCountyofHarris,dulycommis,ionedandqualified,
came THE ABOVE OFFICERS OF THE COMPANIES, to me personally known to be the individuals and otflcers described in, who executed the preceding instrument, and
they a ckn owled8ed the executiofl of same, and beint by meduly rworn, disposed and said thatthey are the of{icers of the said companies aforesaid, and that the
seals affb(ed to the proceedinB instrument are the Corporate Seah of !aid Companies, and the $id Corporate Seals and their siSnatures as officers were dLrly affi)(ed
and 5ubscribed to the said instrumentbyth€ authority anddirection of the said companies, and that Resolutions adopted bythe Board ofDirectors ofsaid Companies
rpfprred to in the preceding instrument is now in force
By
E. McClary, Notary PLrblic
y commission expires 3/29/2026
We, the und€rsiSned Officers of S! reTec lnsurance Company.nd Markellnsurance Company do h€rby certify th.t the oriSinalPOWER OF ATTORNEY of which lhe
foresornB is a Iull, true and correct copy i5 still in full force and effect and has not been revoked.
lN WITNESS WHEREOF, we have hereunto set our hands, and affixed the S€als of said Companies, on the _jltlday of------------.llA!!4ry_ - 2024
Company Markel lnsurance Company
lN TtSTIMONY WHEREOF, I have hereunto set my hand, and affixed my Offi€ial Seal at the County of Harris, the day and year first above written
8y
M8 I Beaty, A
W"Lc
.j; !... JULTE E. MCCLAHY'U .' Notary Puotrc State of Teras
_4.9..' Comnission # 1291766&5. " - Corirnrssion E&,res March 29, 2026
Any lnslrument ltsued in.x..ss ofti. p.n.hy ltated sbov. rr tot.lly voad.nd w.thout .ny validrty. Sl06O4
For v.ilficanon orth€.utho.ty of thl' Pow.r you may c.ll (713)812{800 on a6y businesr day betw..n 8r30 AM .nd 5:OO PM CST
pOA[ 5106&4
lN WITNESS WHtREOF, Mark€l lnsurance Company and Surefec lnrurance Company have caLrsed their official sealto be hereunto affixed and these pr€sents to be
riSned by their duly authoriu ed officers on the 27$ day of Jan"an , 2023